Military Protective Eyewear Market – Outlook Improvements, Growth Factors, Top Manufacturers, Size, Share and Forecast 2023

September 07 15:40 2019
Military Protective Eyewear Market - Outlook Improvements, Growth Factors, Top Manufacturers, Size, Share and Forecast 2023

Military Protective Eyewear Market
The Report Focuses on Military Protective Eyewear Market in Asia Pacific Market, especially in China, Japan, Korea, Taiwan, Southeast Asia, India, Australia. The report categorizes the market based on Manufacturers Countries/Region, Types and Application

Market Highlights:

Military protective eyewear has become an important part of the military apparel market in recent years, mainly due to the increasing use of directed energy weapons, such as laser weapons. The use of direct energy weapons has increased the risk of fatal or nonlethal wounds to the eyes and the surrounding area, they possess significant potential in terms of lethality. The eyes are among the most vulnerable and weak parts of the body, leading to a growing demand for military protective eyewear to protect armed forces as well as paramilitary troops.

Military protective eyewear systems are a type of personal protective equipment that help to protect the eyes/vision of the soldiers and the law enforcement personnel from any ballistic, laser, radiological, and NBC attacks. In the recent years, with the increasing military exercises and operations, the demand for such equipment has increase manifold, thereby fueling the growth of the military protective eyewear market.

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The global military protective eyewear market is expected to exhibit a strong 6% CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The MRFR report provides a comprehensive outlook on the global military protective eyewear market’s key drivers and restraints, leading companies, and major segments.

The growing government expenditure on military modernization efforts is likely to be a major driver for the global military protective eyewear market over the forecast period, as significant expenses are required for widespread adoption of military protective eyewear. The increasing technological innovation in the military protective eyewear market has also led to the development of specialist day/night glasses or lenses, which is likely to be a major driver for the global military protective eyewear market over the forecast period. Further technological innovation to develop more specialized military protective eyewear such as for operations in the snow or sand is likely to drive the global military protective eyewear market over the forecast period.

Segmentation:

The global military protective eyewear market is segmented on the basis of product type, end use, and region.

By type, the global military protective eyewear market is segmented into ballistic protection eyewear, laser protection eyewear, and safety eyewear. The ballistic protection eyewear segment held the largest share in the global military protective eyewear market in 2017 and is likely to retain a significant market share over the forecast period due to the growing demand for battle-ready protective eyewear that can protect the user’s eyes from particles or minor shrapnel. The laser protection eyewear market is likely to exhibit the highest growth rate over the forecast period due to the growing use of laser and directed energy weapons in armed forces around the world.

By end use, the global military protective eyewear market is segmented into armed forces and paramilitary troops. The armed forces segment held the largest share in the global military protective eyewear market in 2017 and is likely to exhibit the fastest growth over the forecast period. 

Competitive Analysis:

Leading players in the global military protective eyewear market include Laser Safety Industries, Essilor of America Inc., Wiley X Inc., 3M, Shalon Chemical Industries, Honeywell International, Perriquest Defense Research Enterprises, Gentex Corporation, ESS, and Revision Military.

In May 2019, the U.S. army’s Authorized Protective Eyewear List added two new products from Revision: the ShadowStrike ballistic sunglasses and SnowHawk cold weather goggle system.

Regional Analysis:

North America is likely to hold on to the leading share in the global military protective eyewear market over the forecast period due to the strong presence of the defense equipment manufacturing sector in the U.S. The U.S. is a global leader in terms of defense equipment manufacturing and is likely to exhibit further growth over the forecast period due to the growing demand for military modernization efforts and the consistent product innovation in the industry. Furthermore, due to the growing adoption of laser and directed energy weapon systems in the U.S. army, awareness about the utility of military protective eyewear is high. This is likely to drive the demand from the military protective eyewear market in the U.S. and North America over the forecast period.

Asia Pacific is also likely to emerge as a leading contender in the global military protective eyewear due to the growing demand for battlefield equipment for use in difficult terrain such as snow. The geopolitical tensions between India and Pakistan and India and China are centered on the mountainous regions in the Himalayas and the desert region in the Thar desert. This has driven the demand for military protective eyewear. The growing demand for military modernization in China and India is likely to be a major driver for the military protective eyewear market in Asia Pacific over the forecast period.

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