North America Military Protective Eyewear Market Analysis and Forecasts to 2027 by Type and End User

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)

Publication Month : Sep 2019

  • Report Code : TIPRE00006651
  • Category : Aerospace and Defense
  • Status : Published
  • No. of Pages : 106
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The North America military protective eyewear market accounted at US$ 25.2 Mn in 2018 and is expected to grow at a CAGR of 5.1% during the forecast period 2019 – 2027, to account to US$ 38.9 Mn by 2027.

The growing technological innovation in the military protective eyewear market has also led to the development of high-quality day or night eyewear, which drives the North America military protective eyewear market over the forecast period. Additionally, technological improvement to design more specialized military protective eyewear such as for operations in the sand is likely to drive the military protective eyewear market in the region.

North America Military protective eyewear Market, by Revenue, 2018 & 2027

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Market Insights

Rapid technological advancements in the military sector are expected to propel the demand for the military protective eyewear market

Military protective eyewear plays a significant role in the combat zone by protecting military personnel from eye injuries. The eyewear is specifically engineered for the high performance in hazardous situations such as bomb disposal, laser weapons, and others. The market in the North America region is observing noteworthy growth with military personnel increasingly facing challenging circumstances in dealing with internal security and from external threats. Combat protection can be made more effective with the usage of effective strategies, coupled with effective tactics and modern technologies.

The emergence of laser protection eyewear offers a prosperous opportunity to the military protective eyewear market

The military sector has put a lot of emphasis on designing laser weapons. The military is also looking for ways to protect the eyes of the military personnel from the effects of lasers. Laser weapons are presenting a potential problem for the army as exposure to laser beam might impact on the eyesight of military personnel. The laser attacks can severely damage the vision of military personnel. Laser protection eyewear becomes a necessity when working with high-powered laser lights. This eyewear provides dependable protection to professionals in the field. The past and current rising incidents of laser weapons are creating market opportunities for the laser protection military protective eyewear market in the region.

Type Insights

The North America military protective eyewear market by type was led by ballistic protection eyewear segment. Several companies are designing and manufacturing ballistics protection eyewear for the military personnel. For instance, Revision Military manufactures products such as Ballistic Sunglasses which has examined and tested to meet the U.S. Army’s standards for ballistic protection and are approved during training across all branches of the Department of Defense (DoD).

End-user Industry Insights

The North America military protective eyewear market is segmented based on end-user, including paramilitary forces and armed troops. 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 in order to protect the armed force of its region. Hence, they are rigorously investing in the military protective eyewear market.

Mexico Military Protective Eyewear Market by End-user

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North America Military Protective Eyewear Market: Strategic Insights

north-america-military-protective-eyewear-market
Market Size Value inUS$ 25.2 Million in 2018
Market Size Value byUS$ 38.9 Million by 2027
Growth rateCAGR of 5.1% from 2019-2027
Forecast Period2019-2027
Base Year2019
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Majority of the players operating in the North America military protective eyewear market are focused on maintaining long-term relationships with the respective country’s Government. Further, they also highly invest in their research and development activities to offer more advanced products. Few of the recent developments are listed below:

2018:

The U.S. Army APEL (Authorized Protective Eye List) selected two of Revision Military’s products ShadowStrike and SnowHaw for ballistic and cold weather eyewear products.

2018:

Revision Military introduced its new range of ballistic and anti-fog sunglasses ShadowStrike. The sunglasses feature OcuMax Plus coating and are scratch-resistant.

North America MILITARY PROTECTIVE EYEWEAR – MARKET SEGMENTATION

By Type

  • Safety Eyewear
  • Ballistic Protection Eyewear
  • Laser Protection Eyewear

By End-user

  • Paramilitary Forces
  • Armed Troops

By Geography

  • North America Countries
    • US
    • Canada
    • Mexico

Company Profiles

  • 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
  • Wiley X, Inc
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Type, End User

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

US, Canada

The List of Companies

  1. 3M Company
  2. Arena Tactical (Arena Industries, LLC)
  3. Blueye Tactical (Blueye Eyewear Pty Ltd.)
  4. Bollé Tactical
  5. Eye Safety Systems, Inc. (Oakley, Inc.)
  6. Gentex Corporation
  7. Perriquest Defense Research Enterprises, LLC
  8. Revision Military (Revision Military Ltd.)
  9. Rochester Optical
  10. Wiley X, Inc

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

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Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

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Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

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  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

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