DUBLIN, Feb. 24, 2022 /PRNewswire/ — The “Military Protective Eye-Wear Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Type and End User” report has been added to ResearchAndMarkets.com’s offering.
The military protective eyewear market was valued at US$ 110.48 million in 2021 and is expected to reach US$ 166.65 million by 2028; it is estimated to grow at a CAGR of 6.0% from 2021 to 2028.
Military protective Eyewear systems help military, paramilitary forces, and law enforcement officers defend their eyesight from ballistic, laser, radiological, and NBC threats. The demand for such equipment has increased dramatically in recent years due to increased military exercises and operations. Also, due to the increased potential of attacks by extremist and terrorist organizations using mines, bombs, and NBC or radioactive agents, there are increasing investments in developing protective Eyewear systems for military, paramilitary, and police personnel, which drives the growth of the military protective Eyewear market.
Moreover, the modern army’s increasing requirement to operate at night and in low-light settings has resulted in considerable advancements in night vision systems. Night vision devices are essential equipment for a soldier during a war. Therefore, tremendous effort has been invested in research and development. As a result, various technologies have been developed, allowing for the use of a wide range of military night vision systems. Hence, advancements and contraction in night vision technologies would drive the market growth during the forecast period.
Impact of COVID-19 Pandemic on Military Protective Eyewear Market
The COVID-19 pandemic has shaken several industries. The unprecedented growth in the spread of the virus has urged governments worldwide to impose strict restrictions on vehicles and human movement. The US has the highest military expenditure across the world that makes this country largest market for military technologies. In addition, the military technology manufacturers observed a drop in deliveries for new defense technologies, cancelation or rescheduling of military orders and delivery, and labor shortage, which hampered their businesses and ability to deliver substantial volumes of new products to the customers. The increase in order backlogs and orders along with disrupted supply chain led to a decline in the revenues of the military protective Eyewear market.
Key Topics Covered:
1. Introduction
2. Key Takeaways
3. Research Methodology
4. Military Protective Eye-wear 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
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Military Protective Eye-wear Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 High Demand for Personal Protective Equipment (PPE)
5.1.2 Advancement and Contraction in Night Vision Technologies
5.2 Market Restraints
5.2.1 High Cost Associated with Military Protective Eye-wear
5.3 Market Opportunities
5.3.1 Emergence of Laser Protection Eye-wear
5.4 Future Trends
5.4.1 Technological Advancements in Military Protective Eye-wear
5.5 Impact Analysis of Drivers and Restraints
6. Military Protective Eye-wear Market – Global Market Analysis
6.1 Global Military Protective Eye-wear Market Overview
6.2 Global Military Protective Eye-wear Market Forecast And Analysis
6.3 Market Positioning- Top Five Players
7. Military Protective Eye-wear Market Analysis – By Type
7.1 Overview
7.2 Military Protective Eye-wear Market, by Type (2020 and 2028)
7.3 Safety Eye-wear
7.3.1 Overview
7.3.2 Safety Eye-wear: Military Protective Eye-wear Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Ballistic protection eye-wear
7.4.1 Overview
7.4.2 Ballistic Protection Eye-wear: Military Protective Eye-wear Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Laser protection eye-wear
7.5.1 Overview
7.5.2 Laser Protection Eye-wear: Military Protective Eye-wear Market – Revenue and Forecast to 2028 (US$ Million)
8. Military Protective Eye-wear Market – By End User
8.1 Overview
8.2 Military Protective Eye-wear, by End User (2020 and 2028)
8.3 Paramilitary Forces
8.3.1 Overview
8.3.2 Paramilitary Forces: Military Protective Eye-wear Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Armed Troops
8.4.1 Overview
8.4.2 Armed Troops: Military Protective Eye-wear Market – Revenue and Forecast to 2028 (US$ Million)
9. Global Military Protective Eye-wear Market – Geographic Analysis
10. Impact of COVID-19 Pandemic on Military Protective Eye-wear Market
10.1 Overview
10.2 North America
10.3 Europe
10.4 Asia-Pacific
10.5 Middle East and Africa
10.6 South America
11. Military Protective Eye-wear Market – Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Launch
11.4 Merger and Acquisition
12. Company Profiles
12.1 Blueye Tactical Eye-wear
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Bolle Safety
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Gentex Corporation
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Eye Safety Systems, Inc. (ESS)
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 PERRIQUEST DEFENSE RESEARCH ENTERPRISES
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Revision Military LTD
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Rochester Optical
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Shalon Chemical Industries Ltd.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Smith Optics
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Wiley X Inc.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
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