In-depth study on Ceramic
Armor Market 2020 report offers market share, size, growth rate, statistics,
and revenue trends data at country, region and global level along with
competitive benchmarking analysis of key market players, detailed analysis of
key market growth drivers, restraints, opportunity, trends along with COVID-19
impact analysis: ReportCrux Market Research.
ReportCrux Market Research has published a new
report titled “Ceramic Armor Market by Material Type (Silicon Carbide,
Alumina, Aluminium Nitride, Ceramic Matrix Composite, Boron Carbide and
Others); by Application (Vehicle Armor, Marine Armor, Body Armor, Aircraft
Armor and Others): Global Forecast, 2020 – 2027”.
Ceramic Armor Market Size:
According to the report, global demand for ceramic
armor market was valued at approximately USD 1.92 Billion in 2019 and is
expected to generate revenue of around USD 3.38 Billion by end of 2027, growing
at a CAGR of around 7.4% between 2020 and 2027.
In order to Understand How COVID-19 Impact is
Covered in This Report, Request for a Sample copy of the report at:
https://reportcrux.com/request-sample-report/Ceramic-Armor-Market
Market Overview:
Ceramic armors are majorly used in personal
armors and armored vehicles and help resist the projectile penetration. Ceramic
armors offer compressive strength, hardness and are lightweight as compared to
metal alloy armors. Materials commonly used in making of ceramic armors are
alumina, silicon carbide, boron carbide and titanium diboride etc. A wide range
of ceramic armor designs are available ranging from monolithic plates to three
dimensional complex matrices.
Evolution has been seen for ceramic armors from
many decades. Major companies are focusing on further improvements in the
ballistic performance through optimization of ceramic properties and
characteristics. A large number of variations can include use of multipiece or
perforated ceramic components, low temperature ceramic bonding to achieve high
performance, functional gradation of microstructures etc.
Armor design and modelling continues to be
important and crucial step in the development of improved and lighter armor
materials. The research is expected to continue at a moderate pace owing to
increasing demand for more efficient and lightweight armor configurations to
deal with variety of threats.
Growth Drivers:
Increasing expenditure by governments in
modernization and improving protection to their military by many countries
worldwide is projected to drive the ceramic armor market growth. Additionally,
lower weight and design flexibility of the ceramics makes it most suitable for
manufacturing body armors and thus are widely preferred as inserts in soft
ballistic vests.
Cross-border disputes among many countries and
increasing terror activities in many parts of the globe are other major factors
driving the growth of global ceramic armor market.
Growth Restraints and Challenges:
High-cost, design complexities and rising number
of substitutes to ceramic armors such as para-aramid ceramic synthetic fibers
and polypropylene can limit the overall market growth in the coming years.
Also, developing ceramic armor with efficient and lightweight configurations to
deal with variety of threats is major challenge.
Growth Avenues:
Rise in advancements in the defence sector,
increasing investments in R&D by various countries and growing number of
new innovations in the field of manufacturing ceramic are projected to open new
growth opportunities for the ceramic armor market.
“Final Report will cover a detailed
analysis regarding the impact of COVID-19 on this industry.”
Segmental Analysis:
The global market for the ceramic armor is
segmented based on into the material type, application and region.
Based on the Material Type, the global market is
segmented into Alumina, Silicon Carbide, Ceramic Matrix Composite, Boron
Carbide, Aluminium Nitride and Others. Silicon Carbide material type segment
was the largest segment in 2019 whereas Boron Carbide segment will showcase
fastest growth in the coming years due to its superior properties.
Based on the Application, the global market is
segmented into Body Armor, Vehicle Armor, Aircraft Armor, Marine Armor and
Others. Body armor application segment held largest revenue share of global in
2019.
Global Ceramic Armor Companies:
Here are the best key companies in Global
Ceramic Armor Market.
ArmorWorks (U.S.)
CeramTec (Germany)
Ceradyne (U.S.)
SAAB AB (Sweden)
CoorsTek Inc (U.S.)
Koninklijke Ten Cate BV (Netherlands)
M Cubed Technologies (U.S.)
Point Blank Enterprises (U.S.)
Safariland LLC (U.S.)
BAE Systems (UK)
3M Company (US)
Others
Regional Analysis:
North Americawas the largest regional market for
ceramic armors in 2019 and accounted for almost 42% revenue share.
North America has strongest defense and military
in the world. Increasing terror threats in past few years has accredited to
demand for high quality, technologically advanced ceramic armors with lower
prices. Also use of advanced weapons and ammunition system boost the demand for
ceramic armors in this region.
U.S. was the largest country level markets in
North America ceramic armor market. Increasing spending on development of
efficient and advanced ceramic armors for both personnel and vehicles has
boosted market growth in the U.S.
Europe was second largest regional market.
Increasing demand for lightweight armors, growing focus on soldier survival are
major factors supporting growth in European region. France, Germany, Italy are
prominent country level markets in European ceramic armor market. Middle East
and Africa and Latin America regions will showcase moderate growth in the
coming years.
Asia Pacific is estimated to exhibit fastest
growth for ceramic armors in the coming years. India and China are most
prominent country level market supporting growth of Asia Pacific ceramic armors
market. Increasing terrorist activities, cross border disputes, focus on
soldier survival are major factors that has prompted for modernization of
military and defence sector.
Global Ceramic Armor Market Segmentation:
By Material Type
Alumina
Silicon Carbide
Ceramic Matrix Composite
Boron Carbide
Aluminium Nitride
Others
By Application
Body Armor
Vehicle Armor
Aircraft Armor
Marine Armor
Others (Civilians; Bank, Offices, Personal Cars)
Are you Looking for Regional Insights / Report
Customization?
https://reportcrux.com/request-customization/Ceramic-Armor-Market
Table of Contents:
1. Preface
2. Research Methodology
2.1. Research Methodology
2.2. Models
2.3. Research limitations
3. Executive Summary
4. Post COVID-19 Industry Dynamics
5. COVID-19 Impact Analysis on Industry
5.1. Restrictions due to COVID-19
5.2. Demand-side Constraints
5.3. Supply-side Constraints
6. Market Price & Cost Analysis
6.1. Price Trend Analysis of the Market
7. Industrial Chain, Sourcing Strategy and
Downstream Buyers
7.1. Upstream Raw Materials Sourcing
7.2. Industrial Chain Analysis
7.3. Downstream Buyers
8. Market Dynamics and Industry Analysis
8.1. Global Ceramic Armor Market: Introduction
8.2. Market Drivers
8.2.1. Growing expenditure of countries to
improve protection to the military
8.2.2. Increasing terrorist activities in
various countries
8.2.3. Development of Lethal Ammunition and
Weapons
8.3. Market Restraint
8.3.1. Rising number of substitutes such as
para-aramid ceramic synthetic fibers and polypropylene
8.3.2. Design complexities and high cost
8.4. Market Opportunity
8.4.1. Rise in advancements in the defense
sector
8.4.2. The new innovations in the field of
manufacturing ceramic
8.5. Porter’s Five Forces Analysis
9. Trending Insights on Current Market Scenario
9.1. Current Market Trends
9.2. SWOT Analysis
9.3. PESTEL Analysis
10. Market Growth Attractiveness Analysis
11. Competitive Share Analysis
11.1. Company Share Analysis
11.2. Strategic Developments
11.3. Supplier Benchmarking
12. Global Ceramic Armor Market: Material Type
Segment Analysis
13. Global Ceramic Armor Market: Application
Segment Analysis
14. Global Ceramic Armor Market: Regional
Analysis
14.1. Regional Overview
14.2. North America
14.2.1. U.S.
14.2.2. Canada
14.2.3. Rest of North America
14.3. Europe
14.3.1. Germany
14.3.2. U.K.
14.3.3. France
14.3.4. Italy
14.3.5. Spain
14.3.6. Russia
14.3.7. Rest of Europe
14.4. Asia Pacific
14.4.1. China
14.4.2. Japan
14.4.3. India
14.4.4. Australia
14.4.5. Southeast Asia
14.4.6. Rest of Asia Pacific
14.5. Latin America
14.5.1. Brazil
14.5.2. Mexico
14.5.3. Rest of Latin America
14.6. Middle East and Africa
14.6.1. Saudi Arabia
14.6.2. South Africa
14.6.3. UAE
14.6.4. Rest of Middle East and Africa
15. Company Profiles
Browse Full Report Access here:
https://reportcrux.com/summary/4150/Ceramic-Armor-Market
Related Reports:
https://www.marketwatch.com/press-release/north-america-automotive-bearing-market-size-2021-by-global-business-trends-share-future-demand-progress-insight-statistics-key-regions-prominent-players-and-forecast-to-2027-2020-12-22?tesla=y
https://www.marketwatch.com/press-release/europe-digital-twin-market-size-2021-industry-analysis-size-share-trends-market-demand-growth-opportunities-and-forecast-2026-2020-12-22?tesla=y
https://www.marketwatch.com/press-release/us-gas-turbine-market-2021-size-global-industry-overview-share-trends-growth-factors-historical-analysis-opportunities-and-industry-segments-poised-for-rapid-growth-by-2025-2020-12-22?tesla=y
https://www.marketwatch.com/press-release/us-gene-therapy-market-size-2021-growth-share-trends-analysis-technological-advancements-latest-research-by-regions-with-covid-19-impact-forecast-to-2025-2020-12-22?tesla=y
Contact us:
Name: Ms. Samantha M.
Email: samantha@reportcrux.com
Website : https://reportcrux.com/
Phone: +1-888-526-5515 (US/Canada), +91 89561
57215 (India)
About Us:
ReportCrux is a global market intelligence
aggregator and publisher of market research reports, business information reports,
economic and equity reports. We cater a diverse range of industrial sectors
along with niche domains and sub-domains within the industry. We offer
exclusive blend of cutting-edge market insights for the critical business
needs.
