Global Bulletproof Helmet Market: Industry Research, Growth Trends and Opportunities for the Forecast Period 2018-2025
Bulletproof Helmet Market Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers and the current and future trends.
Los Angeles, CA -- (SBWire) -- 12/27/2018 --Description
Bullet proof helmets are used for enhancing safety in defense, military, and homeland security. They are used by wearers for protection from potentially hazardous elements that range from air-borne flying particles, ballistic threats, and fragments.
The increasing demand for bulletproof helmets arising due to various law enforcement activities will drive the growth prospects for the global bulletproof helmet market during the forecast period. Some of the factors that determine the need for proper law enforcement across regions include political, social, and socio-cultural elements. For instance, India is focusing on security cooperation, economic integration and the modernization of police forces through the Modernization of State Police Forces (MPF) Scheme. This scheme also reduces the dependence of state governments on the Army and the Central Armed Police Forces for the purpose of controlling law and order issues in the state by strengthening and equipping the State Police Forces. Furthermore, in APAC, the increasing instances of terrorist attacks, rising flow of terrorist fighters from countries in the Middle East such as Syria and Iraq, and groups espousing support for the Islamic State of Iraq and the Levant (ISIL) results in the enhancement of domestic law by the government.
According to the report, the defense expenses of regions such as APAC, the Americas, Western Europe, and ROW are on the rise, where each country determines its military and defense expenses based on its political and social environment. The US allocated over $500 billion on defense spending in 2015. The other countries with substantial budgets for the armed forces are China, Saudi Arabia, Russia, the UK, India, France, and Japan.
This report studies the global Bulletproof Helmet market status and forecast, categorizes the global Bulletproof Helmet market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
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Further, the report states that the challenge faced by the vendors of bulletproof helmets is that a number of regions are underpenetrated by defense suppliers in developing countries in regions such as Central and South America, Central and Eastern Europe, Africa, and Southeast Asia. The armed forces in most countries in these regions are undersupplied. Sometimes in developed country like the US too there were instances of supply shortages of ballistic helmets.
The global Bulletproof Helmet market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.
The major manufacturers covered in this report
BAE Systems
3M
MKU
ArmorSource
Aegis Engineering
Argun
Hard Shell
Ningbo Chihan Protection
Point Blank Enterprises
Protection Group Danmark
Rabintex
Sarkar Defence Solutions
Sinoarmor
Ulbrichts Protection
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Metal Material
Nonmetal Material
Composite Material
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Military and Defense
Law Enforcement
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