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Global Bulletproof Helmet Market Growth Drivers, Opportunities and Challenges 2019

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Nivedita Gore

Summary - A new market study, titled “Global Bulletproof Helmet Market Professional Survey Report 2019” has been featured on WiseGuyReports.

 

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.

 

Also Read: https://industrytoday.co.uk/aerospace/bulletproof-helmet-market-major-key-players-are-bae-systems--3m--mku--armorsource--aegis-engineering--argun--hard-shell--ningbo-chihan-protection

 

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.

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 was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.

This report focuses on Bulletproof Helmet volume and value at global level, regional level and company level. From a global perspective, this report represents overall Bulletproof Helmet market size by analyzing historical data and future prospect.

Regionally, this report categorizes the production, apparent consumption, export and import of Bulletproof Helmet in North America, Europe, China, Japan, Southeast Asia and India.

For each manufacturer covered, this report analyzes their Bulletproof Helmet manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.

 

The following manufacturers are covered:

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

 

Segment by Regions

North America

Europe

China

Japan

Southeast Asia

India

 

Segment by Type

Metal Material

Nonmetal Material

Composite Material

 

Segment by Application

Military and Defense

Law Enforcement

FOR MORE DETAILS: https://www.wiseguyreports.com/reports/4453432-global-bulletproof-helmet-market-professional-survey-report-2019

About Us:

Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.               

 

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