Report ID: SQMIG20A2172
Report ID:
SQMIG20A2172 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
89 |
Figures:
76
North America held the biggest military gas mask market share in 2021, owing to the high demand for CBRN agent protection in the United States and Canada. The United States is a significant purchaser of gas masks and is also home to the majority of the world's main gas mask producers. The government is continually improving its military and first responder protection systems, which is expected to create money for the companies that supply the country with gas masks. For example, in March 2020, the US Department of Defense (DoD) announced that it had granted Avon Protection Systems a USD 245.9 million contract for the construction of M53A1 Chemical Biological Protective gas mask systems. Furthermore, the proposed FY21 military budget may permit the acquisition of 4,263 JSGPM Ground/Ship (M53A1) masks with blowers, training, initial spares, and entire package fielding to meet Army needs. During the projection period, such developments are expected to strengthen the North American region's market dominance.
The Asia Pacific region is expected to show tremendous growth in the military gas mask market during the analysis period. The rising defense budget in countries like China and India with growing border tension is the major reason for the defense expenditure growth in the region.
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REQUEST FREE CUSTOMIZATIONMilitary Gas Mask Market size was valued at USD 1.25 billion in 2019 and is poised to grow from USD 1.33 billion in 2023 to USD 2.2 billion by 2031, growing at a CAGR of 6.5% in the forecast period (2024-2031).
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Report ID: SQMIG20A2172