Global Military Personal Protective Equipment Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Country-level Analysis for Every Segment, Key Player’s Market Share Analysis, Competitive Landscape and Supply Chain Analysis.
With the strategy and equipment of warfare becoming more advanced and deadly, the demand as well as for personal protective equipment is growing. Market Research Future (MRFR) has published a research report about the global military personal protective equipment market that calculates growth for this market at 20% CAGR (Compound Annual Growth Rate) between 2018 and 2023.
The key players in the global military personal protective equipment market include 3M Ceradyne (USA), Armorsource (USA), ArmorWorks (USA), BAE Systems (UK), Cigweld Pty Ltd (USA), DuPont (USA), Eagle Industries Unlimited Inc. (USA), Gentex Corporation (USA), Honeywell Advanced Fibres & Composites (USA), Lindstrom Group (Finland), and Revision Military Inc. (USA).
Latest Industry News
Russian mine clearance specialists have completed their demining tasks in Laos. They have handed over all equipment and personal protective gear to their Lao partners.
AirBoss Defense has earned a contract from Leidos Australia for delivering the protective equipment to the Australian Defence Force’s (ADF) Land 2110 Phase 1B programme.
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The noteworthy factor leading to the growth of global military personal protective equipment market is the increased demand for military personal protective equipment (PPE) because they provide protection and functionality. PPE enhances the performance of armed forces. Not only these systems help improve the overall ballistic protection, but they also enhance the capabilities of the troops. Other factors supporting the market growth include an increase in the number of armed conflicts, growing terror threats in Asia and the Middle East, rising chemical, biological, radiological, and nuclear (CBRN) threats, and hence, the increased production of personal protective equipment.
Intended Audience:
- Military personal protective equipment developers
- Defense authorities & contractors
- Research Institutes
- Military training and simulation service providers
- Regulatory bodies
- Military equipment suppliers
The global military personal protective equipment market can be segmented on the basis of application, platform, product type, and region. The application-based segmentation segments this market into combat, training, and emergency preparedness. Although combat application segment holds the largest market share, the training application segment is expected to witness the fastest market growth by the end of the forecast period.
Based on the platform, the market has been segmented into airborne, naval, and ground-based. The ground-based platform segment holds the largest market share by the end of the forecast period; the airborne platform segment is likely to register the fastest market growth. On the basis of product type, the market has been segmented into body armor, helmet, life safety jacket, pelvic protection system, protective eyewear, tactical vest, and others. The largest market share is being held by body armor product type segment and by the end of the forecast period, the protective eyewear product type segment is expected to emerge as the fastest growing market segment.
The regional segmentation of the global military personal protective equipment market segments the market into the regional markets known as Asia Pacific, Latin America, North America, Europe, and the Middle East & Africa (MEA). North America is the most voluminous regional market due to the large investments by the defense authorities in USA and Canada. Many key market players are based in North America. North America is the leading spender on military expenditure and technological advancements. Therefore, in this region, the demand for military personal protective equipment is always high.
Latin America is a small market compared to North America because the availability of advanced technology is limited in this region. The important country-specific markets in this region are Brazil and Mexico, followed by the remaining countries of Latin America. Europe is another important regional market due to countries like UK, France, Germany, and Russia (followed by the remaining countries of Europe) having strong military prowess. Some key market players are based in Europe too.
During the forecast period, the Asia Pacific region can emerge as the fastest growing regional market because China, India, Japan, and South Korea are technologically more advanced than other Asian countries. They have powerful armies, and their military expenses are significantly huge. In these countries, development, and production of the advanced military personal protective equipment happen on a large scale. After South Korea, the remaining countries of the Asia Pacific region are also potential markets.
The market in the MEA market is limited due to poor countries, lack of education, lack of awareness, lack of technological advancement, and lack of skilled labor. However, terrorist attacks and border disputes here do create an important market in this region. Important country-specific markets in this region are Israel, Saudi Arabia, and the UAE, followed by the remaining MEA countries.
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Scope of Report
The report on global military personal protective equipment market by Market Research Future covers extensive primary research. This is accompanied by a detailed analysis of the qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report offers a clear picture of the current market scenario, which includes the historical and forecast market size, in terms of value, and the technological, macroeconomic, and governing factors of the market. The report also provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.
Table of Contents
1. Executive Summary
2. Scope of the Report
2.1. Market Definition
2.2. Scope of the Study
2.2.1. Definition
2.2.2. Research Objective
2.2.3. List of Assumptions
2.2.4. Limitations
3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
4. Market Landscape
4.1. Porter’s Five Forces Analysis
4.1.1. Threat of New Entrants
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of Substitutes
4.1.4. Segment Rivalry
4.1.5. Bargaining Power of Suppliers
4.2. Supply Chain Analysis
5. Market Dynamics
5.1. Introduction
5.2. Market Drivers
5.3. Market Restraints
5.4. Market Opportunities
5.5. Technological Trends
5.6. Patent Analysis
5.7. Regulatory Landscape
Continued…….
List of Tables
Table 1 Global Military Personal Protective Equipment Market, by Region, 2018–2023
Table 2 North America: Military Personal Protective Equipment Market, by Country, 2018–2023
Table 3 Europe: Military Personal Protective Equipment Market, by Country, 2018–2023
Table 4 Asia-pacific: Military Personal Protective Equipment Market, by Country, 2018–2023
Table 5 Middle East & Africa: Military Personal Protective Equipment Market, by Country, 2018–2023
Table 6 Latin America: Military Personal Protective Equipment Market, by Country, 2018–2023
Table 7 Global Military Personal Protective Equipment Market, by Product Type, 2018–2023
Table 8 North America: Military Personal Protective Equipment Market, by Product Type, 2018–2023
Table 9 Europe: Military Personal Protective Equipment Market, by Product Type, 2018–2023
Continued……
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