Report Detail
North America Military Protective Eyewear Market to 2027 - Regional Analysis and Forecasts by Type (Safety Eyewear, Ballistic Protection Eyewear, and Laser Protection Eyewear); End User (Paramilitary Forces and Armed Troops)
- RnM3806315 |
- 07 October, 2019 |
- Global |
- 106 Pages |
- The Insight Partners |
- Aerospace & Defense
The North America military protective eyewear market was valued at US$ 25.2 Mn in 2018 and is expected to reach US$ 38.9 Mn by 2027 with a CAGR growth rate of 5.1% in the forecast period from 2019 to 2027. The North America military protective eyewear market is experiencing a steady growth in the forecast period, on account of the increasing military spending in the region. Growing demand for eye protection devices to avoid injuries caused by harmful radiations or flying objects are anticipated to drive the North America military protective eyewear market. Furthermore, stringent regulations mandated by the government bodies in the U.S, Canada, and Mexico are also anticipated to impact military protective eyewear market growth.
The manufacturers that make up the North American aerospace & defense industry are playing a substantial role in the U.S. Thus, substantial contribution in the military sector by the government of the U.S. helps to drive the military protective eyewear market.
Furthermore, the major end-users of military protective eyewear market are paramilitary forces and armed troops. Several manufacturers are upgrading the military devices to protect the armed forces from growing laser attacks. Government of the U.S. have implemented regulations regarding the safety of military personnel in the country, which is predictable to drive the military protective eyewear market. Also, growth in dangerous weapons is anticipated to drive the market. Increase in demand for eyewear devices that protect eyes from laser radiation is expected to boost the military protective eyewear market in the coming years.
The North America military protective eyewear market is segmented on the type and end-user industry. Based on the type, the North America military protective eyewear market is classified into safety eyewear, ballistic protection eyewear, and laser protection eyewear. Based on end-user, the North America military protective eyewear market is bifurcated into paramilitary forces and armed troops. Armed troops segment contributed a substantial share in the North America military protective eyewear market. The Navy, Army, Marine Corps, Coast Guard, and Air Force are the major armed troops of North America. The armed troops also needed eye protection against lethal weapons used at combat or training field. Government of the region and various companies is highly focused on providing safety eyewear glasses to protect the armed force of its region. Hence, they are rigorously investing in the market. For instance, In October 2018, The U.S. DoD declared two contracts, each worth US$ 98.3 Mn, for the development, manufacture, and delivery of visors which protect eyes and other devices to protect pilots from lasers. The contracts went to Gentex Corporation and Teledyne Scientific & Imaging LLC. The contract would be completed by the year 2024. Hence, the investment for the armed troops in the eyewear devices is expected to drive the North America market during the forecast period.
Some of the key players operating in the North America military protective eyewear market include 3M Company, Arena Tactical (Arena Industries, LLC), Blueye Tactical (Blueye Eyewear Pty Ltd.), Bollé Tactical, Eye Safety Systems, Inc. (Oakley, Inc.), Gentex Corporation, Perriquest Defense Research Enterprises, LLC, Revision Military (Revision Military Ltd.), Rochester Optical, and Wiley X, Inc., among others.
Other Market Players from Value Chain:
Balboa Mfg. Co., LLC (Bobster), PYRAMEX, Numa Optics, Smith optics, and Randolph Engineering are few other market players from value chain which are not profiled in the report but the can be included based on request.
The overall North America military protective eyewear market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the North America military protective eyewear market. It also provides an overview and forecast for the North America military protective eyewear market based on all the segmentation provided. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the military protective eyewear industry.
TABLE OF CONTENTS
1. Introduction
- 1.1 Scope of the Study
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
4. North America Military Protective Eyewear Market Landscape
- 4.1 Market Overview
- 4.2 Porter’s Five Forces Analysis
- 4.2.1 Bargaining Power of Buyers:
- 4.2.1.1 Buyer Concentration is Moderately Growing
- 4.2.2 Bargaining Power of Suppliers:
- 4.2.2.1 Weak suppliers bargaining power
- 4.2.3 Threats to Substitutes:
- 4.2.3.1 No Substitutes
- 4.2.4 Threats of New Entrants:
- 4.2.4.1 Established Players Capture the Maximum Market
- 4.2.5 Degree of Competition:
- 4.2.5.1 Well Established Players with Balanced Financial Status
- 4.2.1 Bargaining Power of Buyers:
- 4.3 Ecosystem Analysis
5. North America Military Protective Eyewear Market - Key Industry Dynamics
- 5.1 Key Market Drivers
- 5.1.1 Growth in the Demand of Military Protective Eyewear
- 5.1.2 Rapid Technological Advancements in the Military Sector
- 5.2 Key Market Restraint
- 5.2.1 Stringent Rules and Regulations
- 5.3 Key Market Opportunity
- 5.3.1 Emergence of Laser Protection Eyewear
- 5.4 Future Trend
- 5.4.1 Development of fog-resistant protective eyewear
- 5.5 Impact Analysis of Drivers and Restraints
6. Military Protective Eyewear Market - North America Market Analysis
- 6.1 North America Military Protective Eyewear Market Overview
- 6.2 North America Military Protective Eyewear Market Forecast and Analysis
- 6.3 Market Positioning- Top Five Players
7. North America Military Protective Eyewear Market Analysis - By Type
- 7.1 Overview
- 7.2 North America Military Protective Eyewear Market Breakdown, By Type, 2018 & 2027
- 7.3 Safety Eyewear
- 7.3.1 Overview
- 7.3.2 North America Safety Eyewear Market Revenue and Forecasts to 2027 (US$ Mn)
- 7.4 Ballistic Protection Eyewear
- 7.4.1 Overview
- 7.4.2 North America Ballistic Protection Eyewear Market Revenue and Forecasts to 2027 (US$ Mn)
- 7.5 Laser Protection Eyewear
- 7.5.1 Overview
- 7.5.2 North America Laser Protection Eyewear Market Revenue and Forecasts to 2027 (US$ Mn)
8. North America Military Protective Eyewear Market Analysis - By End-User
- 8.1 Overview
- 8.2 Military Protective Eyewear Market Breakdown, By End-User, 2018 & 2027
- 8.3 Paramilitary Forces
- 8.3.1 Overview
- 8.3.2 Paramilitary Forces Market Revenue and Forecasts to 2027 (US$ Mn)
- 8.4 Armed Troops
- 8.4.1 Overview
- 8.4.2 Armed Troops Market Revenue and Forecasts to 2027 (US$ Mn)
9. North America Military Protective Eyewear Market - Country Analysis
- 9.1 Overview
- 9.1.1.1 US Military Protective Eyewear Market Revenue and Forecast To 2027 (US$ Mn)
- 9.1.1.1.1 US Military Protective Eyewear Market Breakdown, By Type
- 9.1.1.1.2 US Military Protective Eyewear Market Breakdown, By End-User
- 9.1.1.2 Canada Military Protective Eyewear Market Revenue and Forecast To 2027 (US$ Mn)
- 9.1.1.2.1 Canada Military Protective Eyewear Market Breakdown, By Type
- 9.1.1.2.2 Canada Military Protective Eyewear Market Breakdown, By End-User
- 9.1.1.3 Mexico Military Protective Eyewear Market Revenue and Forecast To 2027 (US$ Mn)
- 9.1.1.3.1 Mexico Military Protective Eyewear Market Breakdown, By Type
- 9.1.1.3.2 Mexico Military Protective Eyewear Market Breakdown, By End-User
10. Military Protective Eyewear Market - Industry Landscape
- 10.1 Overview
- 10.2 Market Initiative
- 10.3 New Product Development
11. Company Profile
- 11.1 3M Company
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
- 11.2 Arena Tactical (Arena Industries, LLC)
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
- 11.3 Blueye Tactical (Blueye Eyewear Pty Ltd.)
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
- 11.4 Bollé Tactical
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
- 11.5 Eye Safety Systems, Inc. (Oakley, Inc.)
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
- 11.6 Gentex Corporation
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments
- 11.7 Perriquest Defense Research Enterprises, LLC
- 11.7.1 Key Facts
- 11.7.2 Business Description
- 11.7.3 Products and Services
- 11.7.4 Financial Overview
- 11.7.5 SWOT Analysis
- 11.7.6 Key Developments
- 11.8 Revision Military (Revision Military Ltd.)
- 11.8.1 Key Facts
- 11.8.2 Business Description
- 11.8.3 Products and Services
- 11.8.4 Financial Overview
- 11.8.5 SWOT Analysis
- 11.8.6 Key Developments
- 11.9 Rochester Optical
- 11.9.1 Key Facts
- 11.9.2 Business Description
- 11.9.3 Products and Services
- 11.9.4 Financial Overview
- 11.9.5 SWOT Analysis
- 11.9.6 Key Developments
- 11.10 Wiley X, Inc.
- 11.10.1 Key Facts
- 11.10.2 Business Description
- 11.10.3 Products and Services
- 11.10.4 Financial Overview
- 11.10.5 SWOT Analysis
- 11.10.6 Key Developments
12. Appendix
- 12.1 About The Insight Partners
- 12.2 Glossary of Terms
Summary:
Get latest Market Research Reports on North America Military Protective Eyewear . Industry analysis & Market Report on North America Military Protective Eyewear is a syndicated market report, published as North America Military Protective Eyewear Market to 2027 - Regional Analysis and Forecasts by Type (Safety Eyewear, Ballistic Protection Eyewear, and Laser Protection Eyewear); End User (Paramilitary Forces and Armed Troops). It is complete Research Study and Industry Analysis of North America Military Protective Eyewear market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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