Market Share of Military Helmet and Helmet Mounted Display Systems Industry
The market is moderately consolidated in nature, with the presence of a few players holding significant shares in the market. Some of the major players in the military helmet and helmet-mounted display system market are Collins Aerospace (United Technologies Corporation), Thales Group, Elbit Systems Ltd, 3M, and BAE Systems PLC, among others.
The advancements in material technology have helped helmet manufacturers to manufacture helmets that can protect soldiers from traumatic and lethal brain injuries more effectively than ever before. Typically, soldiers wear helmets in the field anywhere from 12 to 18 hours and eventually feel fatigued and stressed. Companies are focusing on the development of helmets with lighter materials for the reduction of weight, thereby improving the ergonomics of the soldiers. At the same time, the focus is currently on enhancing the safety of the soldiers.
Military Helmet And Helmet Mounted Display Systems Market Leaders
Collins Aerospace (United Technologies Corporation)
Thales Group
Elbit Systems Ltd.
3M
BAE Systems PLC
*Disclaimer: Major Players sorted in no particular order