Military Personal Protective Equipment Market

Global Military Personal Protective Equipment Market
Research Report - Forecast to 2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Global Military Personal Protective Equipment Market Forecast 2023
Market Research Future published a cooked research report on the global military personal protective
equipment market. The military personal protective equipment market is estimated to register a CAGR of
around 20% during the forecast period of 2018 to 2023.
The introduction of military protective equipment can enhance the soldiers' performance manifold and
reduce the scope of injuries. Owing to this, the defense authorities such as the US Department of Defense,
the UK Ministry of Defence, as well as the defense authorities of other countries, extensively invest in
developing such equipment for their warfighters, in the modern network-centric battlefield. Due to the
increasing border threats, regional conflicts, and terrorist attacks, it is expected that the global market for
the military protective equipment would grow substantially, during the forecast period.
The key players in the global military personal protective equipment market are Honeywell Advanced
Fibres and Composites (US), BAE Systems (UK), 3M Ceradyne (US), Revision Military Inc. (US), Gentex
Corporation (US), ArmorWorks (US), DuPont (US), Eagle Industries Unlimited Inc. (US), Armorsource (US),
Lindstrom Group (Finland), and Cigweld Pty Ltd (US).
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Global Military Personal Protective Equipment Market Forecast 2023
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Global Military Personal Protective Equipment Market Forecast 2023
The global military personal protective equipment market has been segmented based on product type,
application, platform, and region. On the basis of product type, the military personal protective equipment
market is divided into life safety jacket, helmet, protective eyewear, body armor, pelvic protection system,
tactical vest, and others. In 2017, the body armor product type segment dominated the global market and it
is expected that the protective eyewear product type segment would register the fastest market growth,
during the forecast period. The usage of body armor helps reduce the soldier injuries considerably. As a
result, the defense authorities across the globe are engaging in the development of advanced protective
military suits and body armor. On the basis of application, the military personal protective equipment
market is divided into combat, training, and emergency preparedness. In 2017, the combat application
segment dominated the global market and it is projected that the training application segment would
register the fastest market growth, during the forecast period. In the recent years, a higher emphasis is being
put on the live training and simulation of the soldiers. As a result, there are a large number of military
protective equipment that are being used for the military training services, specifically. On the basis of
platform, the military personal protective equipment market is divided into airborne, naval, ground-based. In
2017, the ground-based platform segment dominated the global market and it is estimated that the airborne
platform segment would witness the fastest market growth, during the forecast period. In the recent years,
mainly due to the increase in number of regional and cross-border threats, there has been a large demand
for the military protective equipment by the ground-based forces, which fuel the market growth.
On the basis of region, the global military personal protective equipment market is segmented into North
America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. In 2017, North America dominated
the global market, primarily due to the extensive military expenditure and technological advancements,
which resulted in a very high demand for military personal protective equipment. Concurrently, there have
been a large number of security issues in the other regions such as Asia-Pacific, Europe, Latin America, and
Middle East & Africa. As a result, the defense authorities of the regions had high military expenses in the
recent years, which would fuel the rapid growth of the global market.
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Global Military Personal Protective Equipment Market Forecast 2023
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.
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