The armor materials market is poised to grow at a CAGR of around 7.8% over the next decade to reach approximately $15.96 billion by 2025.
Some of the prominent trends that the market is witnessing include development of advanced weapons and ammunition, rising security concerns in the emerging economies, soaring demand for lightweight protection solutions and growth opportunities/investment opportunities.
Based on product the market is segmented into metals & alloys, ceramics, composites, para-aramid fiber, uhmwpe, fiberglass and other armor materials. Furthermore metals & alloys are divided into high-density steel, aluminium and titanium. Ceramics is segmented into aluminium oxide, silicon carbide and boron carbide. Composites are segmented by fibers, fabrics, matrix materials, prepregs, hybrid composites and 3d composites.
By application the market is categorized into vehicle armor, aerospace armor, body armor, civil armor and marine armor.
This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2014, 2015 revenue estimations are presented for 2016 and forecasts from 2017 till 2025. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.
The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.
This report provides data tables, includes charts and graphs for visual analysis.
Regional Analysis: North America - US - Canada - Mexico
Europe - France - Germany - Italy - Spain - UK - Rest of Europe
Asia Pacific - China - Japan - India - Australia - New Zealand - Rest of Asia Pacific
Middle East - Saudi Arabia - UAE - Rest of Middle East
Latin America - Argentina - Brazil - Rest of Latin America
Rest of the World - Africa - Caribbean
Report Highlights: - The report provides a detailed analysis on current and future market trends to identify the investment opportunities - Market forecasts till 2025, using estimated market values as the base numbers - Key market trends across the business segments, Regions and Countries - Key developments and strategies observed in the market - Market Dynamics such as Drivers, Restraints, Opportunities and other trends - In-depth company profiles of key players and upcoming prominent players - Growth prospects among the emerging nations through 2025 - Market opportunities and recommendations for new investments
Our reports have been used by over 10K customers, including:
The global armor materials market is expected to witness a moderately high CAGR during the forecast period of 2018—2023. The major factor driving the market is the development of advanced weapons and the increasing homeland security concerns. Growing Demand for Advanced Weapons Armors are widely used in applications including aerospace,...
Ceramic Armor Market Size, Share & Trends Analysis Report By Material (Ceramic-metal Composite, Silicon Carbide), By Application (Body, Aircraft, Defense, Marine), By Platform, And Segment Forecasts, 2018 - 2025 The global ceramic armor market size is estimated to reach USD 3.04 billion by 2025, according to a new report by Grand View...
The Global Ballistic Composites Market is poised to grow strong during the forecast period 2017 to 2027. Some of the prominent trends that the market is witnessing include rising demand from transmission and distribution industry. Based on matrix type the market is categorized into polymer-ceramic, metal matrix...
Rising security concerns in the emerging economies is driving the growth of the armor materials market The armor materials market is estimated at USD 8.67billion in 2017 and is projected to reach USD 12.11 billion by 2022, at a CAGR of 6.92% from 2017 to 2022. The growth of this market is majorly attributed to the rising conflicts...
70 pages •
By Infiniti Research Limited
• Jul 2017
About Military Light Weight Armour Systems Body armors are soldier protection systems that are used by armies, navies, air forces, and paramilitary personnel. These systems are crucial for military forces for their survivability and protection against explosives, bullets, and other sharp weapons. Increasing instances of arms...