What is the current Military Helmet and Helmet Mounted Display Systems Market size?

In 2024, the Military Helmet and Helmet Mounted Display Systems Market size is expected to reach USD 5.97 billion. Read More

Who are the key players in Military Helmet and Helmet Mounted Display Systems Market?

RTX Corporation, BAE Systems plc, THALES, 3M and Honeywell International Inc. are the major companies operating in the Military Helmet and Helmet Mounted Display Systems Market. Read More

Which is the fastest growing region in Military Helmet and Helmet Mounted Display Systems Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Military Helmet and Helmet Mounted Display Systems Market?

In 2024, the Asia Pacific accounts for the largest market share in Military Helmet and Helmet Mounted Display Systems Market. Read More

What years does this Military Helmet and Helmet Mounted Display Systems Market cover, and what was the market size in 2023?

In 2023, the Military Helmet and Helmet Mounted Display Systems Market size was estimated at USD 5.72 billion. The report covers the Military Helmet and Helmet Mounted Display Systems Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Military Helmet and Helmet Mounted Display Systems Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Military Helmet And Helmet Mounted Display Systems Market Share

Q: How big is the Military Helmet and Helmet Mounted Display Systems Market?

The Military Helmet and Helmet Mounted Display Systems Market size is expected to reach USD 5.97 billion in 2024 and grow at a CAGR of 4.27% to reach USD 9.35 billion by 2029. Read More

Statistics for the 2023 & 2024 Military Helmet And Helmet Mounted Display Systems market share, created by Mordor Intelligence™ Industry Reports. Military Helmet And Helmet Mounted Display Systems share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Military Helmet And Helmet Mounted Display Systems Industry

The military helmets and helmet mounted display systems market is semi-consolidated, with a few players holding significant shares. Some of the key players in the market are RTX Corporation, THALES, 3M, BAE Systems PLC, and Honeywell International Inc. Key OEMs are highly investing in developing next-generation helmet-mounted displays that would improve soldiers' safety.

For instance, in August 2023, Collins Elbit Vision Systems (CEVS) received a two-year contract worth USD 16.8 million from the US Navy to update a head-worn device that allows fighter pilots to cue aircraft weapons and sensors for target acquisition. Under the contract, the company will develop, engineer, and test the Improved Joint Helmet Mounted Cueing System. Also, in July 2022, Elbit Systems Ltd launched an innovative technological vision suite for military helicopters. The new suite integrates a sensor array, a unique helmet-mounted display (HMD) system, and an artificial intelligence (AI)- powered mission computer.