The global advanced combat helmet market is predicted to reach USD 3.64 billion by 2027,exhibiting a CAGR of 6.73% between 2020 to 2027. The increasing robust RD investment by market players for the development of cost-effective and lightweight combat helmets can be an essential factor in augmenting the growth of the market during the forecast period, states Fortune Business Insights in a report, titled “Advanced Combat Helmet Market Size, Share and Global Trend By Material (Ballistic Fiber, Thermoplastic, and Metal), By Application (Military Defense, and Law Enforcement), and Regional Forecast, 2020-2027” the market size stood at USD 2.31 billion in 2019.
The advanced combat helmet (ACH) market refers to the market for protective headgear used by military personnel in combat situations. These helmets are designed to provide superior protection against ballistic threats, fragments, and other hazards. They are also designed to be lightweight and comfortable to wear for extended periods of time.
The market for advanced combat helmets has been growing steadily in recent years, driven by increasing demand for enhanced soldier protection in military operations around the world. Some of the key factors driving the growth of this market include advancements in helmet design and materials, increasing defense budgets in many countries, and rising concerns about soldier safety.
The Report Lists the Main Companies in the Advanced Combat Helmet Market:
- ArmorSource LLC
- BAE Systems
- GENTEX CORPORATION
- Morgan Advanced Materials
- Revision Military
- 3M
Market Driver:
Introduction of Technologically Advanced Combat Helmets to Boost Growth
The growing military and defense expenditure for enhanced soldier safety and combat tactical advantage will increase the demand of the market during the forecast period. The rising border disputes, terrorist activities, andnational security threatswill have a tremendous effect on the market in the forthcoming years. The increasing focus of manufacturers towards the development of lightweightand fireproof army helmets with improved protection will subsequently boost the growth of the market. For instance, in 2019, JARVISH Inc, a leader in smart 5G+AI+AR wearable devices announced the introduction of augmented reality (AR) smart combat helmet system after receiving approval from Taiwan's NCSIST (National Chung-Shan Institute of Science and Technology). The advanced AR helmets are equipped with transparent heads up display, 4k night vision camera, AI-assisted threat detection, and situational awareness, an intrinsically safe military-grade battery, and long-range broadband ad hoc communication. In addition, the increasing emphasis of various countries on public safety law enforcement, disaster management first responders, along with government critical infrastructure security will foster healthy forthcoming years.
Key Development:
March 2018:3M, an American multinational conglomerate signed a contract of USD 34 million with the U.S. Army for the supply of ballistic helmet.
Information source:
https://www.fortunebusinessinsights.com/advanced-combat-helmet-market-103089
