Market Share of Combat Helmet Industry
The combat helmet market is semi-consolidated, with the presence of several players holding significant shares in the market. ArmorSource LLC, 3M Company, Honeywell International Inc., Revision Military Inc., and DuPont de Nemours Inc. are some of the prominent players in the market studied. With the increasing demand for smart helmets and ballistic helmets that can withstand any adversary's high-velocity bullet rounds or armor-piercing rounds, several companies are now focusing on the use of advanced materials and innovative design elements. It is to make the helmets more effective, thereby attracting customers.
Companies are also working to modernize the standard-issue military helmets by integrating the latest technology to save lives on the battlefield. For instance, in October 2021, the Austrian helmet manufacturer Ulbrichts unveiled its latest rifle helmet, claiming that it shields against Kalashnikov and AR-15 rounds. According to the company, the titanium-composite helmet restricts the residual energy released upon a bullet impact from more than 2,000 joules to well below the survivable 25 joules. Such developments are expected to drive the growth of the players in the market during the forecast period.
Combat Helmet Market Leaders
-
ArmorSource LLC
-
Honeywell International Inc.
-
3M Company
-
Revision Military Inc.
-
DuPont de Nemours Inc.
*Disclaimer: Major Players sorted in no particular order
