COMBAT HELMET MARKET
Market Overview:
Over the course of the forecast period, the combat helmet market is anticipated to expand at a CAGR of over 6%. (2022 – 2027). Given the continuous rise in global defence spending for military hardware, the COVID-19 epidemic had no effect on the combat helmet market. The Stockholm International Peace Research Institute (SIPRI) estimates that in 2021, the world's military spending would reach USD 2.1 trillion. Numerous nations have kept up sizable investments in the creation and acquisition of next generation combat helmet systems for their forces. The incorporation of more accessories on the helmet, such as night vision and thermal vision headsets, communication headsets, battle visors, adapters and cables, and mandible guards, is made possible by the use of lightweight materials like plastic.
Key Market Trends:
Compared to law enforcement organisations, military personnel encounter a variety of hazards on the battlefield, including blunt injuries from falls, car accidents, and parachute drops, as well as suffer fragmentation and ballistic threats such kinetic bullets and explosives. Military personnel are particularly vulnerable to head injuries, with closed head wounds being seen as the "signature wound" of the conflicts in Iraq and Afghanistan. As a result, companies that make helmets, such Honeywell and SORD, are spending money on research and development of materials with high energy redirection qualities. On the other hand, some design advancements, like the high-cut design, are being added to allow for attachments like cables and headsets while yet offering a secure fit. The development of ballistic helmets for the armed forces is the subject of much research.
The Stockholm International Peace Research Institute (SIPRI) estimates that in 2021, military spending in the Asia-Pacific region was USD 580.1 billion. Ballistic helmet and accessory purchases have surged across the Asia-Pacific area as a result of such high costs. For instance, India invested in the development of modern ballistic helmets and spent a total of USD 76.6 billion on military expenditures in 2021. To defend soldiers from high-velocity gunfire, the Indian Army ordered 80,000 new ballistic helmets in February 2022. These helmets are stronger, lighter, and composed of various composite materials. Similar to this, in February 2022 MKU Limited announced the creation of the Kavro SCH 111 T unique ballistic helmet to accommodate the turban used by Indian Sikh military.
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