South America Military Protective Eye-wear Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Safety Eye-wear, Ballistic Protection Eye-wear, and Laser Protection Eye-wear) and End User (Paramilitary Forces and Armed Troops)
Description
South America Military Protective Eye-wear Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Safety Eye-wear, Ballistic Protection Eye-wear, and Laser Protection Eye-wear) and End User (Paramilitary Forces and Armed Troops)
The military protective eye-wear market in SAM is expected to grow from US$ 3.26 million in 2021 to US$ 3.85 million by 2028; it is estimated to grow at a CAGR of 4.1% from 2021 to 2028.
Various personal protection equipment (PPE), such as body armor, helmets, and protective eye-wear, 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 activities and operations. Also, due to the elevated potential of attacks by extremist and terrorist organizations using mines, bombs, and NBC or radioactive agents, the investments in developing protective eye-wear systems for military, paramilitary, and police personnel are on rise, which drives the growth of the military protective eye-wear market growth.
Brazil, Colombia, Chile, Argentina, and Peru are among the countries in SAM with high defense spending. In 2020, Brazil’s military spending accounted for ~45% of the South American military expenditure, according to the market research study. In 2020, the Brazilian defense sector received plans to enhance its defense capabilities at regional and international levels. For instance, in March 2020, Brazil and the US signed an agreement for the development of mutual defense capabilities, which was heralded as a significant step to the coordination of joint US-Brazil policy. Brazil stands to be a major recipient of American aid in the expansion of military capacity, while simultaneously aspiring to channel economic growth to enhance its defense capabilities. However, Brazil has spent only ~1.5% (US$ 25.9 Billion) of its GDP in 2019. Currently, Brazil’s defense industry consists of 220 companies and serves ~85 countries worldwide, wherein some of the vendors have also witnessed a decline in their revenues due to demand and supply gap, along with challenges faced by vendors in supply chains, and transportation & logistics industries amid the COVID-19 pandemic.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the military protective eye-wear market in the SAM during the forecast period.
SAM Military Protective Eye-wear Market Revenue and Forecast to 2028 (US$ Million)
SAM Military Protective Eye Market Segmentation
SAM Military Protective Eye Market - by Type
Safety Eyewear Ballistic Protection Eyewear Laser Protection Eyewear SAM Military Protective Eye Market - by End User
Paramilitary Forces Armed Troops SAM Military Protective Eye Market - by Country
Brazil Rest of SAMSAM Military Protective Eye Market - Companies Mentioned
Blueye Tactical Eye-wear Bolle Safety Eye Safety Systems, Inc. (ESS) Gentex Corporation
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM military protective eye-wear market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the SAM military protective eye-wear market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the military protective eye-wear market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
The military protective eye-wear market in SAM is expected to grow from US$ 3.26 million in 2021 to US$ 3.85 million by 2028; it is estimated to grow at a CAGR of 4.1% from 2021 to 2028.
Various personal protection equipment (PPE), such as body armor, helmets, and protective eye-wear, 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 activities and operations. Also, due to the elevated potential of attacks by extremist and terrorist organizations using mines, bombs, and NBC or radioactive agents, the investments in developing protective eye-wear systems for military, paramilitary, and police personnel are on rise, which drives the growth of the military protective eye-wear market growth.
Brazil, Colombia, Chile, Argentina, and Peru are among the countries in SAM with high defense spending. In 2020, Brazil’s military spending accounted for ~45% of the South American military expenditure, according to the market research study. In 2020, the Brazilian defense sector received plans to enhance its defense capabilities at regional and international levels. For instance, in March 2020, Brazil and the US signed an agreement for the development of mutual defense capabilities, which was heralded as a significant step to the coordination of joint US-Brazil policy. Brazil stands to be a major recipient of American aid in the expansion of military capacity, while simultaneously aspiring to channel economic growth to enhance its defense capabilities. However, Brazil has spent only ~1.5% (US$ 25.9 Billion) of its GDP in 2019. Currently, Brazil’s defense industry consists of 220 companies and serves ~85 countries worldwide, wherein some of the vendors have also witnessed a decline in their revenues due to demand and supply gap, along with challenges faced by vendors in supply chains, and transportation & logistics industries amid the COVID-19 pandemic.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the military protective eye-wear market in the SAM during the forecast period.
SAM Military Protective Eye-wear Market Revenue and Forecast to 2028 (US$ Million)
SAM Military Protective Eye Market Segmentation
SAM Military Protective Eye Market - by Type
Safety Eyewear Ballistic Protection Eyewear Laser Protection Eyewear SAM Military Protective Eye Market - by End User
Paramilitary Forces Armed Troops SAM Military Protective Eye Market - by Country
Brazil Rest of SAMSAM Military Protective Eye Market - Companies Mentioned
Blueye Tactical Eye-wear Bolle Safety Eye Safety Systems, Inc. (ESS) Gentex Corporation
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM military protective eye-wear market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the SAM military protective eye-wear market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the military protective eye-wear market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Table of Contents
79 Pages
- 1. Introduction
- 1.1 Scope of the Study
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 1.3.1 SAM Military Protective Eye-wear Market - By Type
- 1.3.2 SAM Military Protective Eye-wear Market - By End User
- 1.3.3 SAM Military Protective Eye-wear Market - By Country
- 2. Key Takeaways
- 3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
- 4. SAM 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. SAM 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 - SAM Market Analysis
- 6.1 SAM Military Protective Eye-wear Market Overview
- 6.2 SAM Military Protective Eye-wear Market Forecast and Analysis
- 7. SAM Military Protective Eye-wear Market Analysis - By Type
- 7.1 Overview
- 7.2 SAM 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. SAM Military Protective Eye-wear Market - By End User
- 8.1 Overview
- 8.2 SAM 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. SAM Military Protective Eye-wear Market - Country Analysis
- 9.1 Overview
- 9.1.1 SAM Military Protective Eye-wear Market Breakdown, By Country
- 9.1.1.1 Brazil Military Protective Eye-wear Market Revenue and Forecast to 2028 (US$ Mn)
- 9.1.1.1.1 Brazil Military Protective Eye-wear Market Breakdown, By Type
- 9.1.1.1.2 Brazil Military Protective Eye-wear Market Breakdown, By End User
- 9.1.1.2 Rest of SAM Military Protective Eye-wear Market Revenue and Forecast to 2028 (US$ Mn)
- 9.1.1.2.1 Rest of SAM Military Protective Eye-wear Market Breakdown, By Type
- 9.1.1.2.2 Rest of SAM Military Protective Eye-wear Market Breakdown, By End User
- 10. Impact of COVID-19 Pandemic on SAM Military Protective Eye-wear Market
- 10.1 Overview
- 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
- 13. Appendix
- 13.1 About The Insight Partners
- 13.2 Glossary
- List of Tables
- Table 1. SAM Military Protective Eye-Wear Market, Revenue and Forecast, 2019-2028 (US$ Mn)
- Table 2. Brazil Military Protective Eye-wear Market Revenue and Forecast to 2028 - By Type (US$ Mn)
- Table 3. Brazil Military protective eye-wear Market Revenue and Forecast to 2028 - By End User (US$ Mn)
- Table 4. Rest of SAM Military Protective Eye-wear Market Revenue and Forecast to 2028 - By Type (US$ Mn)
- Table 5. Rest of SAM Military Protective Eye-wear Market Revenue and Forecast to 2028 - By End User (US$ Mn)
- Table 6. Glossary of Terms, SAM Military Protective Eye-Wear Market
- List of Figures
- Figure 1. SAM Military Protective Eye-wear Market Segmentation
- Figure 2. SAM Military Protective Eye-wear Market Segmentation - By Country
- Figure 3. SAM Military Protective Eye-wear Market Overview
- Figure 4. SAM Military Protective Eye-wear Market, By Type
- Figure 5. SAM Military Protective Eye-wear Market, By Country
- Figure 6. Porter’s Five Forces Analysis
- Figure 7. Military protective eye-wear market Ecosystem Analysis
- Figure 8. Expert Opinion
- Figure 9. SAM Military Protective Eye-wear Market Impact Analysis of Drivers and Restraints
- Figure 10. SAM Military Protective Eye-wear Market, Forecast And Analysis (US$ Mn)
- Figure 11. SAM Military Protective Eye-wear Market Revenue Share, by Type (2020 and 2028)
- Figure 12. SAM Safety Eye-wear: Military Protective Eye-wear Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 13. SAM Ballistic Protection Eye-wear: Military Protective Eye-wear Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 14. SAM Laser Protection Eye-wear: Military Protective Eye-wear Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 15. SAM Military Protective Eye-wear Market Revenue Share, by End User (2020 and 2028)
- Figure 16. SAM Paramilitary Forces: Military Protective Eye-wear Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 17. SAM Armed Troops: Military Protective Eye-wear Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 18. SAM Military Protective Eye-wear Market, By Key Country- Revenue 2020 (US$ Million)
- Figure 19. SAM Military Protective Eye-wear Market Breakdown, By Country, 2020 & 2028(%)
- Figure 20. Brazil Military Protective Eye-wear Market Revenue And Forecast to 2028 (US$ Mn)
- Figure 21. Rest Of SAM Military Protective Eye-wear Market Revenue And Forecast to 2028 (US$ Mn)
- Figure 22. Impact of COVID-19 Pandemic in South America Country Markets
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
