Military protective eye-wear market on a North America scenario 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 region constitutes of developed economies such as the US and Canada as well as Mexico as a developing nation. Military protective eyewear is the most vital part of military operations. This eyewear consists of a wide variety of discrete technologies that are centered on mission requirements. The rising threats of the attacks done by the terrorists together with the higher adoption of the weapons are predictable to boost the growth of the North America military protective eyewear market. Also, the growing use of laser could be seen in the military applications, which has further enhanced the purchase of the protective eyewear.
North America is positioned to be an attractive market for investment in eyewear products by manufacturers. Paramilitary forces and armed troops highly utilize these products. To meet the growing demand for military protective eyewear, more companies are entering and investing in the market to offer advanced eyewear technologies. Furthermore, the Canadian armed forces are taking several steps to enhance its ability to anticipate threats, challenges, and opportunities related to a military operation. Government of Mexico is also focused on spending the sustainable amount in the military devices, which will result in traction in the market.
Military protective eyewear includes safety eyewear, ballistic protection eyewear, and laser protection eyewear. This eyewear is used by military personnel who are regularly exposed to weapons and tough environmental conditions. High usage of laser weapons in the military industry is one of the key factors, which would drive the protective eyewear market. These weapons are harmful and cause damage to the eye, and sometimes even lead to death. Hence, many eyewear protection manufacturing companies are focusing on developing safety glasses to protect from the laser. Protective eyewear protects the military personnel from laser wavelengths that can cause damage to the eyes. The eyewear market also comprises of night vision devices (NVD). The night vision devices help military personnel to track down terrorists at night time. The need for night vision devices by the armed troops and paramilitary forces are further driving the North America military protective eyewear market.
The military protective eye-wear market has been derived from market trends and revenue generation factors from North America countries, which includes the US, Canada, and Mexico. The US is projected to capture the largest market share in comparison to all revenues generated by all other North America countries in total.
Some of the other notable players in the North America military protective eye-wear market include 3M Company, Blueye Tactical (Blueye Eyewear Pty Ltd.), Bolle Tactical, Gentex Corporation, Oakley Inc., Perriquest Defense Research Enterprises LLC, Revision Military Ltd., Rochester Optical, Arena Tactical, and Wiley X, Inc.
Military Protective Eye-Wear Market - North America Breakdown, 2018
The report segments the North America military protective eye-wear market as follows:
North America Military Protective Eye-Wear Market – By Type
North America Military Protective Eye-Wear Market – By End-user
North America Military Protective Eye-Wear Market – By Country
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