Yahoo Finance Global Advanced Combat Helmet Market – South America shows strong potential for market growth because countries in this region are increasingly adopting modernization programs to improve their armed forces - by PMI
Covina CA, Jan. 20, 2021 (GLOBE NEWSWIRE) --
Increased warfare, armed conflicts, cross-border tensions, and conflicts between countries are propelling the demand for ballistic protection equipment such as ACH and lightweight advanced combat helmets (LW-ACH). The market is also witnessing an increased demand for protective fabric in these ballistic helmets, which can be used against cut wounds.
The global advanced combat helmet market accounted for US$ 2.3 billion in 2019 and is estimated to be US$ 4.6 billion by 2029 and is anticipated to register a CAGR of 6.60%.
The report "Global Advanced Combat Helmet Market, By Material (Ballistic, Metal and Thermoplastic), By Application (Military and Defense, Law Enforcement Agencies), and By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Trends, Analysis and Forecast till 2029”
Request a Free Sample Copy of this Business Intelligence Report @ https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/4563
Key Highlights:
In March 2017, the military award a contract for a helmet that weighs as average 22% less than the one currently in use but offers the same protection according to the officials.
ArmorSource LLC announced that it has successfully completed the First Item Test for the US Army Advance Light Combat Helmet.
Analyst View:
Growing Need of Governments and Defense Agencies
The growing need of governments and defense agencies to provide better standards of soldier safety and combat tactical advantage in the face of growing global security threats such as terrorist attacks, border insurgencies, and internal conflicts. The defense sector is heavily adopting advanced combat helmets in order to protect their soldiers and law enforcement officers from head injuries caused from gunshots, IED explosions, and shrapnel.
Advance Technology
The demand for helmets integrated with the best vision and communication technologies is also increasing. Features such as night vision cameras that offer better situational awareness in the dark or in any difficult situations are becoming more of a necessity. The demand for these integrated technologies is also boosting the global market for advanced combat helmet.
Automation of Production Processes
Automation of production processes in large-scale manufacturing industries worldwide is expected to be a key factor driving the global Advanced Combat Helmet market. Increase in investments in the industrial manufacturing sector has boosted the adoption of automated machine tools considerably in the past decade. Automation of manufacturing processes has improved the productivity of industries. Automation also helps organizing the overall workflow and making experts very efficient during emergencies.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Advanced Combat Helmet Market”, By Material (Ballistic, Metal and Thermoplastic), By Application (Military and Defense, Law Enforcement Agencies), and By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Trends, Analysis and Forecast till 2029
Ask for a Discount on the Current Pricing @ https://www.prophecymarketinsights.com/market_insight/Insight/request-discount/4563
Key Market Insights from the report:
The global advanced combat helmet market accounted for US$ 2.3 billion in 2019 and is estimated to be US$ 4.6 billion by 2029 and is anticipated to register a CAGR of 6.60%. The market report has been segmented on the Material, application and region.
Depending on the Material the Ballistic segment dominated the market due to its light weight.
Based on the application, Military and Defense segment is expected to grow at the largest CAGR during the forecast period. The defense sector is heavily accepting advanced combat helmets to protect their soldiers and law enforcement majors from head injuries caused by gunshots, shrapnel and IED explosions.
By region The North American region is dominating the global Advanced Combat Helmet Market owing to increasing activities related to research & development in some economies in this region focusing
To know the upcoming trends and insights prevalent in this market, click the link below:
https://www.prophecymarketinsights.com/market_insight/Global-Advanced-Combat-Helmet-Market-4563
Competitive Landscape:
The prominent player operating in the global advanced combat helmet market includes ArmorSource LLC, BAE Systems, Gentex Corporation, Morgan Advanced Material PLC, Revision Military, Ceradyne Inc., MKU Limited, Honeywell International Inc., Point Blank Enterprises Inc., DuPont.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
About Prophecy Market Insights
Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.
Some Important Points Answered in this Market Report Are Given Below:
Explains an overview of the product portfolio, including product development, planning, and positioning
Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
Detailed analysis of the market revenue over the forecasted period.
Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
Study on the segments that are anticipated to dominate the market.
Study on the regional analysis that is expected to register the highest growth over the forecast period
Key Topics Covered
Introduction
Study Deliverables
Study Assumptions
Scope of the Study
Research Methodology
Executive Summary
Opportunity Map Analysis
Market at Glance
Market Share (%) and BPS Analysis, by Region
Competitive Landscape
Heat Map Analysis
Market Presence and Specificity Analysis
Investment Analysis
Competitive Analysis
CONTACT: To know more Contact Us: Sales Prophecy Market Insights Email- sales@prophecymarketinsights.com
