Military Personal Protective Equipment (PPE) Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Military Personal Protective Equipment Market
The military personal protective equipment market size was valued at USD 17.08 billion in 2020, and the market is now projected to grow from USD 17.85 billion in 2021 to USD 32.30 billion in 2028, exhibiting a CAGR of 8.84% during the forecast period of 2021-2028.
The armed-force spending has increased significantly despite the COVID-19 pandemic. This is due to the rising geopolitical unsteadiness, internal disagreement, border disputes, growing terrorism, and increased spending on NATO had propelled the market expansion. The pandemic has resulted in the increased implementation of respiratory and personal protective equipment for eyes in the martial to protect militia from coming in contact with viruses. Hence, the COVID-19 pandemic has created a great avenue for the military personal protective equipment market growth.
The military personal protective equipment market share globally has augmented because of growing concerns associated with soldiers’ safety and security in combat operations. The increasing requirement for armed services to provide better standards for soldiers’ security and safety combat operations boosts market growth. The rising threats such as terrorist activities, political unrest, and cross-border conflict among different countries are fueling demand for the product. Due to the varying nature of warfare, most of the nations have developed and are constantly paying attention to expand such tools which aim to make their forces the most powerful and the most efficient.
The trend is increasing in demand for lightweight personal protective equipment during military operations to bolster growth. The U.S. Department of Defense is focusing on developing the next generation lightweight military PPE. It will improve the scalability of military forces and allows them to adjust the tools as per the threat level and mission. This feature is attracting many organizations to increase demand for the product.
Comprehensive Analysis of Military Personal Protective Equipment Market
The military personal protective equipment market and aerospace & defence industry is rising at an exponential rate attributable to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the aerospace & defence industry. These segmentations are methodically segregated by types of product and application. The product types include advanced combat helmet, protective eyewear, life safety jacket, tactical vest, body armor, and pelvic protection system. The applications are air force, army, and navy.
The North American region is conducive to the global military personal protective equipment market, leading to a recall of USD 5.03 billion because of the highest defense budget and technological advancements in this region.
The top players in the market play a vital role in the aerospace & defence industry giving surety industrial prospectus growth and setting market standards. These players include 3M (U.S.), ArmorSource LLC (U.S.), BAE Systems (U.K), DuPont (U.S.), Point Blank Enterprises Inc. (U.S.), Gentex Corporation (U.S.), Honeywell International Inc. (U.S.), Armor Express (U.S.), Eagle Industries (U.S.), and Revision Military (U.S.), these market players provide a level-playing competitive landscape.
In September 2021, the U.S. army awarded the contract worth USD 100 million to L3Harris Technologies Inc. In this contract, the company will provide the Enhanced Night Vision Goggle – Binocular (ENVG-B) system which helps in enhancement of soldiers’ mobility, survivability, situational alertness, and lethality.
Segmentation Table
Global Military Personal Protective Equipment Market Scope
ATTRIBUTE
DETAILS
Study Period
2017-2028
Base Year
2020
Estimated Year
2021
Forecast Period
2021-2028
Historical Period
2017-2019
Unit
Value (USD billion)
Segmentation
Product Type, Application, and Geography
By Product Type
Advanced Combat Helmet
Life Safety Jacket
Protective Eyewear
Body Armor
Tactical Vests
Pelvic Protection System
By Application
Army
Air Force
Navy
By Geography
North America (By Product Type, Application, and Country)
- U.S. (By Application)
- Canada (By Application)
Europe (By Product Type, Application, and Country)
- U.K. (By Application)
- Germany (By Application)
- France (By Application)
- Russia (By Application)
- Rest of Europe (By Application)
Asia Pacific (By Product Type, Application, and Country)
- Japan (By Application)
- China (By Application)
- India (By Application)
- South Korea (By Application)
- Rest of Asia Pacific (By Application)
Rest of the World (By Product Type, Application, and Sub-Region)
- Latin America (By Application)
- The Middle East and Africa (By Application)
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