Emergence of Laser Protection Eye-Wear to Provide Growth Opportunities for Military Protective Eye-Wear Market during 2021–2028
According to our latest market study on “Military Protective Eye-Wear Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type, End-User, and Geography,” the market is expected to grow from US$ 110.48 million in 2021 to US$ 166.65 million by 2028; it is estimated to grow at a CAGR of 6.05% from 2021 to 2028.
Military has been paying close attention to laser weapons. It is also finding ways to protect military personnel from the hazardous effects of lasers. Attacks by laser weapons can cause severe visual damage to military soldiers. Laser protection eye-wear shields army personnel from laser wavelengths that can harm their eyes, whether visible or invisible. When the device is turned on, it produces a monochromatic image in a green shade. Laser safety eye-wear is required while working with high-powered laser lights. The eye-wear can provide reliable protection for field professionals. Therefore, the emergence of laser protection eye-wear would create lucrative opportunities for the military protective eye-wear market in the coming years.
The global military protective eye-wear market is bifurcated on the basis of type and end user. Based on type, the market is segmented into safety eye-wear, ballistic protection eye-wear, and laser protection eye-wear. In 2020, the ballistic protection eye-wear segment held the largest market share. The military protective eye-wear market, by end user, is bifurcated into paramilitary forces and armed troops. In 2020, the armed troops segment held a larger market share. Geographically, the military protective eye-wear market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2020, North America accounted for a significant share in the global market.
Impact of COVID-19 Pandemic on Global Military Protective Eye-Wear Market
The COVID-19 outbreak has significantly affected the world and is continuing to shatter several countries. The rapid spread of the virus has put pressure on governments worldwide. In a few countries, extreme lockdowns have been imposed to prevent the spread. Furthermore, due to the proclaimed lockdowns and government restrictions on public gatherings, the manufacturing pace of the military protective eye-wear market around the world has been impeded. Due to the COVID-19 outbreak, training exercises such as Pitch Black 2020 and Milan 2020 have been cancelled, which may have a negative impact on military protective eye-wear market.
Blueye Tactical (Blueye Eye-wear Pty Ltd.); Bolle Tactical; Gentex Corporation; Oakley Inc.; Perriquest Defense Research Enterprises LLC; Revision Military Ltd.; Rochester Optical; Arena Tactical; and Wiley X, Inc are among the major companies operating in the military protective eye-wear market.
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