Bulletproof Helmet Market Size Worth $ 1713.02 Million By 2032 | CAGR: 5.5%

Bulletproof Helmet Market Size Worth $ 1713.02 Million By 2032 | CAGR: 5.5%


The global bulletproof helmet market size is expected to reach USD 1713.02 million by 2032, according to a new study by Polaris Market Research. The report “Bulletproof Helmet Market Share, Size, Trends, Industry Analysis Report, By Material (Metal Material, Nonmetal Material, Composite Material); By Application; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Market is driven by several factors, including the rise in armed conflicts and terrorism, the increasing focus on soldier safety, and the development of lightweight and advanced materials. The region has witnessed several mass shootings, which have prompted the adoption of bulletproof helmets among law enforcement agencies. The demand for bulletproof helmets is also expected to grow due to the rising adoption of advanced technologies, such as augmented reality and communication systems.

The global market is driving due to rising frequency of terrorist strikes and insurgencies has a significant impact. In keeping with this, the market is expanding rapidly because of the growing product needs for troops' protection. In addition, internal problems, cross-order violations, and national disruptions are boosting product demand globally.

In addition, the market is being stimulated by considerable research and development (R&D) efforts to create novel protective materials and advances in nanotechnology. Additionally, the leading companies are focusing on producing respiratory and fireproof helmets to protect the wearer from slash assaults in response to the growing concerns about combatant safety, which is anticipated to drive market growth.

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Composite materials are a key segment in the global market. These materials are engineered to provide superior strength and durability, while also being lightweight and flexible. Composites typically consist of a combination of materials, such as fibers or fabrics, mixed with a resin or polymer matrix. The resulting material can be molded into a wide range of shapes and sizes, making it ideal for use in protective helmets. The choice of material is based on its capacity to retain energy and disperse it throughout the finished product while assuring strength and lightness. Some composite materials are specifically engineered to provide enhanced protection against specific types of ammunition or impact forces.

The major end-user of bulletproof helmets is the military and defense industry since troops and law enforcement officials need to be as protected as possible while engaged in battle and other dangerous circumstances. In the upcoming years, there will likely be a major increase in demand for bulletproof helmets due to rising terrorist attacks worldwide. More than 13,000 people died because of terrorist acts in 2020, according to the Global Terrorism Index 2020. Every year, the number increases further.

Bulletproof Helmet Market Report Highlights

  • Composite material segment is expected to hold the significant market share over the forecast period due to their superior ballistic performance, lightweight design, and ability to be customized to specific applications.
  • The Military and Defense segment is predicted to have largest share during the projection period because of the increased political and social instability activities that have been seen across the world.
  • North America is expected to grow at a high CAGR over the projected period due to increasing security concerns and growing focus on law enforcement agencies over the forecast period.
  • The global players include Argun, Armor Source, Avon Protection, Protection Group, Sinoarmor, Ulbrichts, Hard Shell, MKU Limited, and Point-Blank Enterprises.

Polaris Market Research has segmented the bulletproof helmet market report based on material, application, and region:

Bulletproof Helmet, Material Outlook (Revenue - USD Million, 2019 - 2032)

  • Metal Material
  • Nonmetal Material
  • Composite Material

Bulletproof Helmet, Application Outlook (Revenue - USD Million, 2019 - 2032)

  • Military and Defense
  • Law Enforcement

Bulletproof Helmet, Regional Outlook (Revenue - USD Million, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Bulletproof Helmet Market Report Scope

Report Attributes

Details

Market size value in 2023

USD 1,060.73 million

Revenue forecast in 2032

USD 1,713.02 million

CAGR

5.5% from 2023 - 2032

Base year

2022

Historical data

2021- 2022

Forecast period

2023 - 2032

Quantitative units

Revenue in USD million/billion and CAGR from 2023 to 2032

Segments covered

By Material, By Application, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Key companies

Argun s.r.o., ArmorSource LLC, Avon Protection plc, Protection Group Denmark, Sinoarmor, Ulbrichts GmbH, Hard Shell FZE, MKU Limited (GKG Group), and Point Blank Enterprises Inc.

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  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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