Global Armor Materials Market Size study, by Type (Metals & Alloys, Ceramics, Composites, Para-Aramid Fibers, UHMWPE, Fiberglass), Application (Vehicle, Aerospace, Body, Civil, Marine) and Regional Forecasts 2020-2027

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  • Global Armor Materials Market is valued approximately USD 10.53 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 7.20 % over the forecast period 2020-2027. Armor Materials are used to design defense equipment mainly Armors to protect the soldiers from bullets and others explosives. The variance in the weight of the vest which mainly depends on the material of the Armor can aid the soldier in carrying extra food water and additional ammunition. Hence, the mMaterial of the Armor plays an integral role in the defense sector. The growth of the industry can be attributed to rising demand for vehicle, marine, and aircraft protection applications. Modernization in military programs across several countries in the world is resulting in high demand for armors. Rising concerns of governments across the globe regarding soldier survivability and protection are expected to fuel the demand for advanced armors, which can drive the market during the projected period. As in June 2019, the Italian Ministry of Defense and Ministry of Economic Development announced to jointly invest USD 8.2 billion in the defense industry’s need for Modernization Rising investments in military and defense warfare by various governments in order to strengthen their position in war conditions are likely to augment the market over the forecast period. As per the Stockholm International Peace research institute (SPIRI) United States increased their defense spending by 5.3% reaching a total of USD 732 billion in 2019 as compared to their spending in 2018. Accounting for 38% of the global defense spending. Growing spending on defense to improve military vehicle performance to prevent external attack coupled with high investments in aircraft security systems is poised to be one of the primary growth stimulants for the industry. However, Stringent Government regulations impedes the growth of the market over the forecast period of 2020-2027.

    The regional analysis of global Armor Materials market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the high defense spending and increased research defense sector in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising defense expenditure and increase in procurement of defense equipment would create lucrative growth prospects for the Armor Materials market across Asia-Pacific region.


    Major market player included in this report are:

    E. I. Du Pont De Nemours and Company

    DSM NV

    Honeywell International Inc

    Compagnie de Saint-Gobain SA

    Allegheny Technologies Incorporated

    3M Ceradyne, Inc

    Alcoa Corporation

    Royal TenCate NV

    Saab AB

    CoorsTek Inc.,

    The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-
    segment of the market are explained below:

    By Type:

    Metals & Alloys

    Ceramics

    Composites

    Para-Aramid Fibers

    UHMWPE

    Fiberglass

    By Application:

    Vehicle

    Aerospace

    Body

    Civil

    Marine

    By Region:

    North America

    U.S.

    Canada

    Europe

    UK

    Germany

    France

    Spain

    Italy

    ROE

    Asia Pacific

    China

    India

    Japan

    Australia

    South Korea

    RoAPAC

    Latin America

    Brazil

    Mexico

    Rest of the World


    Furthermore, years considered for the study are as follows:

    Historical year – 2017, 2018

    Base year – 2019

    Forecast period – 2020 to 2027

    Target Audience of the Global Armor Materials Market in Market Study:

    Key Consulting Companies & Advisors

    Large, medium-sized, and small enterprises

    Venture capitalists

    Value-Added Resellers (VARs)

    Third-party knowledge providers

    Investment bankers

    Investors

     

  • With tables and figures helping analyze worldwide Global Armor Materials market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

    Chapter 1. Executive Summary
    1.1. Market Snapshot
    1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
    1.2.1. Armor Materials Market, by Region, 2018-2027 (USD Billion)
    1.2.2. Armor Materials Market, by Type, 2018-2027 (USD Billion)
    1.2.3. Armor Materials Market, by Application, 2018-2027 (USD Billion)
    1.3. Key Trends
    1.4. Estimation Methodology
    1.5. Research Assumption
    Chapter 2. Global Armor Materials Market Definition and Scope
    2.1. Objective of the Study
    2.2. Market Definition & Scope
    2.2.1. Scope of the Study
    2.2.2. Industry Evolution
    2.3. Years Considered for the Study
    2.4. Currency Conversion Rates
    Chapter 3. Global Armor Materials Market Dynamics
    3.1. Armor Materials Market Impact Analysis (2018-2027)
    3.1.1. Market Drivers
    3.1.2. Market Challenges
    3.1.3. Market Opportunities
    Chapter 4. Global Armor Materials Market Industry Analysis
    4.1. Porter’s 5 Force Model
    4.1.1. Bargaining Power of Suppliers
    4.1.2. Bargaining Power of Buyers
    4.1.3. Threat of New Entrants
    4.1.4. Threat of Substitutes
    4.1.5. Competitive Rivalry
    4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
    4.2. PEST Analysis
    4.2.1. Political
    4.2.2. Economical
    4.2.3. Social
    4.2.4. Technological
    4.3. Investment Adoption Model
    4.4. Analyst Recommendation & Conclusion
    Chapter 5. Global Armor Materials Market, by Type
    5.1. Market Snapshot
    5.2. Global Armor Materials Market by Type, Performance - Potential Analysis
    5.3. Global Armor Materials Market Estimates & Forecasts by Type 2017-2027 (USD Billion)
    5.4. Armor Materials Market, Sub Segment Analysis
    5.4.1. Metals & Alloys
    5.4.2. Ceramics
    5.4.3. Composites
    5.4.4. Para-Aramid Fibers
    5.4.5. UHMWPE
    5.4.6. Fiberglass
    Chapter 6. Global Armor Materials Market, by Application
    6.1. Market Snapshot
    6.2. Global Armor Materials Market by Application, Performance - Potential Analysis
    6.3. Global Armor Materials Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
    6.4. Armor Materials Market, Sub Segment Analysis
    6.4.1. Vehicle
    6.4.2. Aerospace
    6.4.3. Body
    6.4.4. Civil
    6.4.5. Marine
    Chapter 7. Global Armor Materials Market, Regional Analysis
    7.1. Armor Materials Market, Regional Market Snapshot
    7.2. North America Armor Materials Market
    7.2.1. U.S. Armor Materials Market
    7.2.1.1. Type breakdown estimates & forecasts, 2017-2027
    7.2.1.2. Application breakdown estimates & forecasts, 2017-2027
    7.2.2. Canada Armor Materials Market
    7.3. Europe Armor Materials Market Snapshot
    7.3.1. U.K. Armor Materials Market
    7.3.2. Germany Armor Materials Market
    7.3.3. France Armor Materials Market
    7.3.4. Spain Armor Materials Market
    7.3.5. Italy Armor Materials Market
    7.3.6. Rest of Europe Armor Materials Market
    7.4. Asia-Pacific Armor Materials Market Snapshot
    7.4.1. China Armor Materials Market
    7.4.2. India Armor Materials Market
    7.4.3. Japan Armor Materials Market
    7.4.4. Australia Armor Materials Market
    7.4.5. South Korea Armor Materials Market
    7.4.6. Rest of Asia Pacific Armor Materials Market
    7.5. Latin America Armor Materials Market Snapshot
    7.5.1. Brazil Armor Materials Market
    7.5.2. Mexico Armor Materials Market
    7.6. Rest of The World Armor Materials Market
    Chapter 8. Competitive Intelligence
    8.1. Top Market Strategies
    8.2. Company Profiles
    8.2.1. E. I. Du Pont De Nemours and Company
    8.2.1.1. Key Information
    8.2.1.2. Overview
    8.2.1.3. Financial (Subject to Data Availability)
    8.2.1.4. Product Summary
    8.2.1.5. Recent Developments
    8.2.2. DSM NV
    8.2.3. Honeywell International Inc
    8.2.4. Compagnie de Saint-Gobain SA
    8.2.5. Allegheny Technologies Incorporated
    8.2.6. 3M Ceradyne, Inc
    8.2.7. Alcoa Corporation
    8.2.8. Royal TenCate NV
    8.2.9. Saab AB
    8.2.10. CoorsTek Inc.,
    Chapter 9. Research Process
    9.1. Research Process
    9.1.1. Data Mining
    9.1.2. Analysis
    9.1.3. Market Estimation
    9.1.4. Validation
    9.1.5. Publishing
    9.2. Research Attributes
    9.3. Research Assumption

     

  • The Global Armor Materials Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.

    Report Objectives / Segmentation Covered :
    By Companies / players:
    • E. I. Du Pont De Nemours and Company
    • DSM NV
    • Honeywell International Inc
    • Compagnie de Saint-Gobain SA
    • Allegheny Technologies Incorporated
    • 3M Ceradyne, Inc
    • Alcoa Corporation
    • Royal TenCate NV
    • Saab AB
    • CoorsTek Inc.,
    By Regions:
    • North America
    • U.S.
    • Canada
    • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • ROE
    • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • RoAPAC
    • Latin America
    • Brazil
    • Mexico
    • Rest of the World
    By Type:
    • Metals & Alloys
    • Ceramics
    • Composites
    • Para-Aramid Fibers
    • UHMWPE
    • Fiberglass
    By Application:
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    Research objectives

    Where will all these developments take the industry in the long

    To study and analyze the global Market consumption (value & volume) by key regions/countries, product type and application, history data from 2015 to 2019, and forecast to 2025.

    What are the future opportunities in the market?

    To understand the structure of Market by identifying its various subsegments.

    What are the major driving forces expected to impact the development of the market market across different regions?

    To analyze the market with respect to individual growth trends, future prospects, and their contribution to the total market.

    Which industry trends are likely to shape the future of the industry during the forecast period 2020-2025?

    To project the consumption of market submarkets, with respect to key regions.

    Who are the major driving forces expected to decide the fate of the industry worldwide.

    To strategically profile the key players and comprehensively analyze their growth strategies.

    What are the key barriers and threats believed to hinder the development of the industry?

    To analyze competitive developments such as expansions,agreements, new product launches, and acquisitions in the market.

    Who are the prominent market players making a mark in the market with their winning strategies?

    To share detailed information about the key factors influencing the growth of the market

    What will be the growth rate and the market size of the industry for the forecast period 2020-2025?

    Focuses on the key global market Vendors, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

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