Asia Pacific 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)

Code: TIPRE00028718 | Pages: 90 | Industry: Aerospace and Defense | Date: Apr 2022
Covid

The military protective eye-wear market in APAC is expected to grow from US$ 53.38 million in 2021 to US$ 32.05 million by 2028; it is estimated to grow at a CAGR of 7.6% from 2021 to 2028.

 

Laser weapons, as well as gaining protection against them, has become a significant area of attention for military forces. 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. 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. Therefore, the emergence of laser protection eye-wear would create lucrative opportunities for the military protective eye-wear market in the coming years.

 

The military electronics industry in APAC was hit hard by the COVID-19 pandemic during the first half of 2020. The tremendous spread of SARS-CoV-2 across the region resulted in disturbances in military operations, declined movement of military aircraft, disruption of supply chains, and lowering of defiance electronics expenditure across different countries to fight the economic crisis caused during the pandemic in FY 2020.  Moreover, most of the countries across Asia Pacific have lost huge revenues from their respective defense companies. For instance, Indian defense companies experienced a loss of ~US$ 3 billion in revenues from March 2020 to May 2020, which has also affected 100 large defense firms and ~4,000 small and medium aerospace and defense businesses. The lockdown has also impacted the supply of local and foreign materials for 50 major defense projects. Weapons and platforms of the Indian made are designed to use 10–20% imported components.

 

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. The APAC military protective eye-wear market is expected to grow at a good CAGR during the forecast period.

 

 APAC Military Protective Eye-wear Market Revenue and Forecast to 2028 (US$ Million)

APAC Military Protective Eye-wear Market Revenue and Forecast to 2028 (US$ Million)

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APAC Military Protective Eye Market Segmentation

 

APAC Military Protective Eye Market – By Type

  • Safety Eyewear
  • Ballistic Protection Eyewear
  • Laser Protection Eyewear

APAC Military Protective Eye Market – By End User

  • Paramilitary Forces
  • Armed Troops

APAC Military Protective Eye Market- By Country

  • China
  • India
  • Japan
  • Rest of APAC

APAC Military Protective Eye Market-Companies Mentioned

  • Blueye Tactical Eye-wear
  • Bolle Safety
  • Eye Safety Systems, Inc. (ESS)
  • Gentex Corporation
  • Perriquest Defense Research Enterprises
  • Shalon Chemical Industries Ltd
  • Wiley X, Inc

1.           Introduction

1.1         Scope of the Study

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        APAC Military Protective Eye-wear Market – By Type

1.3.2        APAC Military Protective Eye-wear Market – By End User

1.3.3        APAC 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.           APAC 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.           APAC 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 – APAC Market Analysis

6.1         APAC Military Protective Eye-wear Market Overview

6.2         APAC Military Protective Eye-wear Market Forecast And Analysis

7.           APAC Military Protective Eye-wear Market Analysis – By Type

7.1         Overview

7.2         APAC 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.           APAC Military Protective Eye-wear Market – By End User

8.1         Overview

8.2         APAC 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.           APAC Military Protective Eye-wear Market – Country Analysis

9.1         Overview

9.1.1        APAC Military Protective Eye-wear Market Breakdown, By Country

9.1.1.1          China Military Protective Eye-wear Market Revenue and Forecast to 2028 (US$ Mn)

9.1.1.1.1          China Military Protective Eye-wear Market Breakdown, By Type

9.1.1.1.2          China Military Protective Eye-wear Market Breakdown, By End User

9.1.1.2          Japan Military Protective Eye-wear Market Revenue and Forecast to 2028 (US$ Mn)

9.1.1.2.1          Japan Military Protective Eye-wear Market Breakdown, By Type

9.1.1.2.2          Japan Military Protective Eye-wear Market Breakdown, By End User

9.1.1.3          India Military Protective Eye-wear Market Revenue and Forecast to 2028 (US$ Mn)

9.1.1.3.1          India Military Protective Eye-wear Market Breakdown, By Type

9.1.1.3.2          India Military Protective Eye-wear Market Breakdown, By End User

9.1.1.4          Rest of APAC Military Protective Eye-wear Market Revenue and Forecast to 2028 (US$ Mn)

9.1.1.4.1          Rest of APAC Military Protective Eye-wear Market Breakdown, By Type

9.1.1.4.2          Rest of APAC Military Protective Eye-wear Market Breakdown, By End User

10.        Impact of COVID-19 Pandemic on APAC Military Protective Eye-wear Market

10.1      Overview

11.        APAC 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

12.5      Perriquest Defense Research Enterprises

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6      Shalon Chemical Industries Ltd.

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7      Wiley X Inc.

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

13.        Appendix

13.1      About The Insight Partners

13.2      Glossary

 


LIST OF TABLES

Table 1.             APAC Military Protective Eye-Wear Market, Revenue and Forecast, 2019–2028 (US$ Mn)

Table 2.             China Military Protective Eye-wear Market Revenue and Forecast to 2028 – By Type (US$ Mn)

Table 3.             China Military Protective Eye-wear Market Revenue and Forecast to 2028 – By End User (US$ Mn)

Table 4.             Japan Military Protective Eye-wear Market Revenue and Forecast to 2028 – By Type (US$ Mn)

Table 5.             Japan Military Protective Eye-wear Market Revenue and Forecast to 2028 – By End User (US$ Mn)

Table 6.             India Military Protective Eye-wear Market Revenue and Forecast to 2028 – By Type (US$ Mn)

Table 7.             India Military Protective Eye-wear Market Revenue and Forecast to 2028 – By End User (US$ Mn)

Table 8.             Rest of APAC Military Protective Eye-wear Market Revenue and Forecast to 2028 – By Type (US$ Mn)

Table 9.             Rest of APAC Military Protective Eye-wear Market Revenue and Forecast to 2028 – By End User (US$ Mn)

Table 10.          Glossary of Terms, APAC Military Protective Eye-Wear Market

 


LIST OF FIGURES

Figure 1.           APAC Military Protective Eye-wear Market Segmentation

Figure 2.           APAC Military Protective Eye-wear Market Segmentation – By Country

Figure 3.           APAC Military Protective Eye-wear Market Overview

Figure 4.           APAC Military Protective Eye-wear Market, By Type

Figure 5.           APAC 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.           APAC Military Protective Eye-wear Market Impact Analysis of Drivers and Restraints

Figure 10.        APAC Military Protective Eye-wear Market, Forecast And Analysis (US$ Mn)

Figure 11.        APAC Military Protective Eye-wear Market Revenue Share, by Type (2020 and 2028)

Figure 12.        APAC Safety Eye-wear: Military Protective Eye-wear Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13.        APAC Ballistic Protection Eye-wear: Military Protective Eye-wear Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.        APAC Laser Protection Eye-wear: Military Protective Eye-wear Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.        APAC Military Protective Eye-wear Market Revenue Share, by End User (2020 and 2028)

Figure 16.        APAC Paramilitary Forces: Military Protective Eye-wear Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        APAC Armed Troops: Military Protective Eye-wear Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        APAC Military Protective Eye-wear Market, By Key Country- Revenue 2020 (US$ Million)

Figure 19.        APAC Military Protective Eye-wear Market Breakdown, By Country, 2020 & 2028(%)

Figure 20.        China Military Protective Eye-wear Market Revenue And Forecast to 2028 (US$ Mn)

Figure 21.        Japan Military Protective Eye-wear Market Revenue And Forecast to 2028 (US$ Mn)

Figure 22.        India Military Protective Eye-wear Market Revenue And Forecast to 2028 (US$ Mn)

Figure 23.        Rest Of APAC Military Protective Eye-wear Market Revenue And Forecast to 2028 (US$ Mn)

Figure 24.        Impact of COVID-19 Pandemic in Asia Pacific Country Markets

  1. Blueye Tactical Eye-wear
  2. Bolle Safety
  3. Eye Safety Systems, Inc. (ESS)
  4. Gentex Corporation
  5. Perriquest Defense Research Enterprises
  6. Shalon Chemical Industries Ltd
  7. Wiley X, Inc
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC 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 APAC 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 APAC 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
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