PUBLISHER: Lucintel | PRODUCT CODE: 1154003
PUBLISHER: Lucintel | PRODUCT CODE: 1154003
Composites in the Global Defense Industry Trends and Forecast
The future of the composites in the global defense industry looks promising with opportunities in the military aircraft, naval system, land vehicles, body armor, arms and ammunition, and military hard wall shelters market. The composites in the global defense industry are expected to reach an estimated $966.4 million by 2027 with a CAGR of 7.7% from 2021 to 2027. The major growth drivers for this market are increasing use of lightweight and high-performance materials in defense programs and growing need for lightweight materials in ballistic protection solutions.
Emerging Trends in the Composites in Global Defense Industry
Emerging trends, which have a direct impact on the dynamics of the industry, includes the advanced composite materials as armor protection and focus on mobile capability of military shelters.
A total of 83 figures / charts and 76 tables are provided in this 175-page report to help in your business decisions. Learn the scope of benefits, companies researched, and other details of the composites in global defense industry report.
Composites in Global Defense Industry Segment
Composites in the Global Defense Industry by Application [Value ($M) and Volume (M lbs) shipment analysis for 2016 - 2027]:
Composites in the Global Defense Industry by Reinforcement Type [Value ($M) and Volume (M lbs) shipment analysis for 2016 - 2027]:
Composites in the Global Defense Industry by Resin Type [Value ($M) and Volume (M lbs) shipment analysis for 2016 - 2027]:
Composites in the Global Defense Industry by Region [Value ($M) and Volume (M lbs) shipment analysis for 2016 - 2027]:
US
Others
Germany
The United Kingdom
France
China
Japan
India
Others
Brazil
Israeli
Others
List of composites in the Global Defense Industry Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies composites in global defense industry companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the composites in the global defense industry companies profiled in this report include.
Composites in the Global Defense Industry Insight
Features of Composites in the Global Defense Industry
FAQ
Q1. What are the composites in the global defense industry size?
Answer: The composites in the global defense industry is expected to reach an estimated $966.4 million by 2027
Q2. What is the growth forecast for composites in the global defense industry?
Answer: Composites in the global defense industry is expected to grow at a CAGR of 7.7% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the composites in the global defense industry?
Answer: The major growth drivers for this market are increasing use of lightweight and high-performance materials in defense programs and growing need for lightweight materials in ballistic protection solutions.
Q4. What are the major applications or end use industries for composites in the global defense industry?
Answer: Military aircraft and naval system are the major application industries for composites in the global defense industry.
Q5. What are the emerging trends in composites in the global defense industry?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, includes the Advanced Composite Materials as Armor Protection and Focus on Mobile Capability of Military Shelters.
Q6. Who are the key composites in the global defense industry companies?
Answer: Some of the key composites in the global defense industry companies are as follows:
Q7. Which composites in global defense industry reinforcement type segment will be the largest in future?
Answer: Lucintel forecasts that carbon fiber composite is expected to remain the largest segment over the forecast period. Ceramic matrix composite is expected to witness the highest growth due to its high-temperature performance, better wear resistance, and good compressive strength.
Q8. In composites in global defense industry, which region is expected to be the largest in next 5 years?
Answer: North America is expected to remain the largest region and APAC is the witness of highest growth over next 5 years
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.