+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free

Armor Protection Systems Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Pre Book Price: $ 5216

Original Price: $ 5795

Armor protection systems are used to protect armored vehicle and soldiers from enemy attacks. The global rising concern for security is resulting into the need for armor protection systems for vehicle and soldier’s safety. The market is expected to witness strong growth during the forecast period.

There are several factors driving the demand for armor protection systems globally. The rising concern for terrorist activities in countries like Belgium, the U.S., and France among others has led to need for body armor and armor protection systems for the armed forces. Furthermore, these armor protection systems are flame resistant and shield the soldiers from heat during bomb attacks. Moreover Kevlar body armors are light and extremely strong against bullet attacks. Hence these are also preferred for the defense and law enforcement agencies. In addition, the traditional body armor is gradually being replaced with interceptor body armor systems which include ballistic plates. The body armor system includes collar device which protects the collar and throat, groin protector, axillary protection systems, back extender, combat diapers, side plate carriers and upper leg protector. The ballistic plate protects the armor from bullets from handgun and submachine gun. Furthermore it can also withstand lower velocity fragments. For vehicles, the armor protection systems are built with steel and heat absorbing materials which are soft and elastic in nature. These armor protection systems are even capable of countering anti-tank missiles, RPGs and roadside bombs. These factors are aiding to the growth of armor protection systems and the market is expected to grow significantly during the forecast period.

However, there are certain factors which are pulling the growth of the market to a certain extent. These armors are very heavy and hence slows the speed of the vehicle and soldiers considerably which is risky certain situations. Hence the factor is posing as a restraint for the global armor protection systems market. Furthermore, the high cost of armor protection systems is hindering the demand for protection systems in developing regions like Middle East & Africa and Latin America considerably.

Nevertheless, research and developments are being conducted to develop light weight yet strong hybrid armor protection systems. These protection systems will be capable of providing necessary protection from small caliber weapons and the new form of weapons such as biochemical weapons. Hence the market for armor protection systems is expected to grow significantly in future.

The global armor protection system can be bifurcated into types and geography. By types, the market can be broadly segmented into soldier protection systems and vehicle protection systems. The vehicle protection system is expected to dominate the global market in terms of revenue due to the increasing adoption of these systems by defense bodies in countries like the U.K., France and the U.S. among others. However, the rising threats of terrorist activities are expected to surge the demand for soldier protection systems significantly during the forecast period.

By geography, the global market for armor protection systems has been segmented into five primary regions which include North America, Europe, Asia Pacific, Middle East & Africa and Latin America. North America and Europe are actively focusing on using armor protection systems for their soldiers and vehicle and hence the regions are expected to be dominant during the forecast period. However, the Asia Pacific and Middle East and Africa regions are also expected to drive the demand for armor protection systems in future due to the ongoing terrorist activities in countries like Iraq and Syria. Hence the demand is expected to rise during the forecast period.

The major players in the UAV surveillance systems market include Rheinmetall Defence, ArmourWorks International, AirBoss Defense, Force 21 Equipment P Ltd., C.P.E Production Oy, Clifton Steel and International Armor Group among other manufacturers.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.


Note : All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Transparency Market Research.


To receive discount, please click on the button below.

Please click on the button below to customize this report.

 
 
Back To Top