Ceramic Armor Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

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Report Code: ZMR-3029 | Report Format : | Status : Upcoming |

Abstract

Ceramic Armor Market: Overview

The ongoing soldier modernization program initiated by several governments across the globe is augmenting the sales of ceramic armor. The primary concern associated with law enforcement for the military sector is ensuring the protection of the soldiers against high - velocity impact of bullets, bombs etc. Ceramic materials are the heart of the modern defense equipment due to their characteristics like high performance during ballistic - scale implications and low weight. As compared to steel ceramics can be considered as a better alternative to achieve performance requirements of body armors. Ceramics have greater advantages in terms of weight and design flexibility. The new innovations in the field of manufacturing ceramic armor are expected to design body armor with the features like survivability, sustainability, and mobility which will help the soldiers. Increasing terrorist activities in various countries are anticipated to encourage the demand for ceramic armor over the forecast period.

Ceramic Armor Market: Growth Factor

The market is driven by increasing disturbances between various countries, cross-border disputes, and terrorist activities, which creates the need for advanced protection systems for soldiers as well as combat vehicles. Countries across the globe are focusing on replacement of legacy military vehicles to ceramic armored vehicles and are subsequently increasing their defense spending. Such modernization of vehicles along with the body armors are creating opportunities for industry participants, resulting in increasing number of alliances with defense agencies. Moreover, the main factor which drives the market is raising focus on soldier safety and soldier survivability which is boosting demand for modular tactical vests and double - sided combat uniforms. Due to advancements in ammunition and weapon systems are leading to increased demand for more effective solutions.

Ceramic Armor Market: Segmentation

The ceramic armor market is segmented based on platform, application, type, and material. Based on the platform, the market is categorized into defense, homeland security, and civilian. Based on application, the market can be segmented into the body, aircraft, defense, and marine. According to type, the market can be categorized into type I, type II-A, type II, type III-A, type III, and type VI. And lastly based on material it is classified as silicon carbide, boron carbide, ceramic metal composite, alumina, aramid, steel, and others.

Ceramic Armor Market: Regional Analysis

Geographically, the ceramic armor market is divided into regions like North America, Europe, Asia Pacific, South America, Middle East and Africa. In North, America U.S contributes to major market due to heavy investment in the field of military and defense. Several ceramic armor companies are present in North America which enables them to gain a competitive edge over other companies operating in other regions. In Europe region, German government is spending on modernizing its defense and security forces, which, in turn, is supporting market growth in this region. China, South Korea, Pakistan, and India are prominent countries in the Asia Pacific region and are anticipated to grow remarkably over the forecast period owing to increasing cross - border disputes and terrorist activities between these countries.

Ceramic Armor Market: Key Players

The prominent players in manufacturing ceramic armor are Ceradyne (U.S.), SAAB AB (Sweden), ArmorWorks (U.S.), CeramTec (Germany), CoorsTek Inc (U.S.), Koninklijke Ten Cate BV (Netherlands), M Cubed Technologies (U.S.), Olbo & Mehler (Germany), Point Blank Enterprises (U.S.) and Safariland LLC (U.S.). Industry players are focusing on new product development and investing in R&D to develop performance products and stay ahead of the competition.

Ceramic Armor Market: Regional Segmentation Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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