Market Research Report
Global Body Armor and Personal Protection Systems - Market and Technology Forecast to 2027: Market Forecasts by Regions, by Products, by Applications, Market/Technologies Overview, Opportunity Analysis and Leading Companies
|Published by||Market Forecast||Product code||810788|
|Published||Content info||215 Pages
Delivery time: 1-2 business days
|Global Body Armor and Personal Protection Systems - Market and Technology Forecast to 2027: Market Forecasts by Regions, by Products, by Applications, Market/Technologies Overview, Opportunity Analysis and Leading Companies|
|Published: March 8, 2019||Content info: 215 Pages||
a Global Body Armor and Personal Protection Systems market report cover the military segment of the market. This market is dominated by North America, which accounts to around 30% of the total market. The market dynamics in Europe and North America are similar, however there is a startling difference in market dynamics between matured markets and markets in APAC. One of the key differences is that the matured markets focus on value addition of the product, the components of the value addition in this market are cost, weight, mobility and strength. The procurement spree by countries in APAC coupled with the unit requirement in each country has resulted in APAC being the fastest growing region in the world.
The report titled "Global Body Armor and Personal Protection Systems- Market and Technology Forecast to 2027" is segmented into four, which are region wise segmentation, product wise segmentation, user wise segmentation and armor type. The product wise segmentation covers body armor, tactical vest, combat helmet, pelvic protection system, life jacket system, combat eye protection and others. The Pelvic Protection System (PPS) is the newest entrant in this segment and is also expected to experience the fastest growth. The increase in use of Improvised Explosive Devices (IED) against troops positioned overseas are one of the key drivers for the PPS market.
The other drivers in the overall market include the urbanization of warfare, wherein the battle field scenarios have changed from open field to door to door search operations. The closer proximity to the enemy increase the probability of use of small arms against troops, this has been one of the key drivers in this market. The advancements in material sciences which has helped in producing lighter armor, thereby increasing the mobility has encouraged the troops to use armor without combat challenges. The other drivers, restraints and challenges have been discussed in the report in the Market Analysis section.
The study period for the report titled "Global Body Armor and Personal Protection Systems- Market and Technology Forecast to 2027" is 2017 to 2027, the forecast period is 2019-2027. The total market is expected to surpass USD 17.5 Billion during the study period.