The global advanced combat helmet market is predicted to reach USD 3.64 billion by 2027,exhibiting a CAGR of 6.73% between 2020 to 2027. The increasing robust RD investment by market players for the development of cost-effective and lightweight combat helmets can be an essential factor in augmenting the growth of the market during the forecast period, states Fortune Business Insights in a report, titled “Advanced Combat Helmet Market Size, Share and Global Trend By Material (Ballistic Fiber, Thermoplastic, and Metal), By Application (Military Defense, and Law Enforcement), and Regional Forecast, 2020-2027” the market size stood at USD 2.31 billion in 2019.

Regional Analysis:

Modernization Programs to Enable Speedy Expansion Growth in North America

North America is predicted to rise excellently during the forecast period owing to the increasing defense expenditure in the US and Canada. The increasing RD activities and military modernization programs will consequently foster the growth of the market in the forthcoming years. Asia Pacific is expected to witness a substantial growth rate in the forthcoming years. The growth in the region is attributed to rising government inclination towards border security. The rising demand for advanced combat helmets in countries such as China, India, and Japan will further promote the development of the market in the region.

Information Source:

https://www.fortunebusinessinsights.com/advanced-combat-helmet-market-103089