Global Armor Materials Market, By Material Type (Metals and Alloys, Ceramics, Composites, Para-Aramid Fiber, Ultra-High-Molecular-Weight Polyethylene (Uhmwpe), Fiberglass, Others), Protection Type (Airborne Ballistics, Blasts and Explosion), Application (Vehicle Armor, Aerospace Armor, Body Armor, Civil Armor, Marine Armor), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of the Middle East and Africa) - Industry Trends and Forecast to 2029.
Market Analysis and Insights Global Armor Materials Market
The armor materials market is expected to witness market growth at a rate of 6.25% in the forecast period of 2022 to 2029. Data Bridge Market Research report on armor materials market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the application of lightweight aluminum alloys in military vehicles such as personnel carriers is escalating the growth of armor materials market.
Armor materials are known to be utilized as a protective clothing against any influence of projectiles orother weapons. Advanced ceramics are broadly utilized used to produce lightweight body armors that are efficient against the bullets. The armor is made of advanced fiber that is known to absorb the impact of bullets by dispersing the energy across large area of the armor. The armor materials are extensively utilized in several applications such as vehicle, aerospace, and body armors.
Major factors that are expected to boost the growth of the armor materials market in the forecast period are the rise in the security concerns in developing countries. Furthermore, the increasing need for homeland security is further anticipated to propel the growth of the armor materials market. Moreover, the advancement of lethal ammunition and weapons is further estimated to cushion the growth of the armor materials market. On the other hand, the government regulations is further projected to impede the growth of the armor materials market in the timeline period.
In addition, the military modernization programs will further provide potential opportunities for the growth of the armor materials market in the coming years. However, the increased cost of lightweight armor materials might further challenge the growth of the armor materials market in the near future.
This armor materials market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the armor materials market, contact Data Bridge Market Research for an Analyst Brief, Our team will help you take an informed market decision to achieve market growth.
Global Armor Materials Market Scope and Market Size
The armor materials market is segmented on the basis of material type, protection type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of material type, the armor materials market is segmented into metals and alloys, ceramics, composite fibre, para-aramid fiber, ultra-high-molecular-weight polyethylene (uhmwpe), fiberglass, others. Metals and alloys has been further sub segmented into aluminium, magnesium, titanium, steels, and others. Ceramics has been further sub segmented into fabrics, matrix materials, hybrid composites and 3d composites. Composite fibre has been sub segmented into fibres, fabrics, matrix, prepregs, others.
- On the basis of protection type, the armor materials market is segmented into airborne ballistics, blasts and explosion.
- On the basis of application, the armor materials market is segmented into vehicle armor, aerospace armor, body armor, civil armor, marine armor.
Armor Materials Market Country Level Analysis
The armor materials market is segmented on the basis of material type, protection type and application.
The countries covered in the armor materials market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the armor materials market due to the rise in the need for homeland security applications. Furthermore, the growing development of advanced armor materials and systems for vehicles and aerospace will further boost the growth of the armor materials market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the armor materials market due to the rise in the warfare activities. Moreover, the transformation of military programs in several countries is further anticipated to propel the growth of the armor materials market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Armor Materials Market Share Analysis
The armor materials market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the armor materials market.
Some of the major players operating in the armor materials market are DuPont, DSM, Honeywell International Inc., 3M, Saab AB, Koninklijke Ten Cate bv, Saint-Gobain, Teijin Aramid B.V., Tata Steel, Alcoa Corporation, ATI., CeramTec Group, CoorsTek Inc., Morgan Advanced Materials, CerCo Corporation, AGY, PPG Industries, Inc., Safariland, LLC, Leeco Steel LLC, and ArmorWorks among others.
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