Business Industry Reports Ceramic Armor Market analysis report 2019

Ceramic Armor Market analysis report
2019-2025
BusinessIndustryReports have new report on “Global Ceramic Armor Market
2018-2025”. The report provides the newest industry data and industry future
trends. The industry report lists the leading competitors and provides the
insights strategic industry Analysis of the key factors influencing the market.
Global Ceramic Armor Market valued approximately USD 1.52 billion in 2016 is anticipated to grow
with a healthy growth rate of more than 7.20% over the forecast period 2017-2025. The Global
Ceramic Armor Market to reach USD 2.8 billion by 2025.
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Ceramic armor is generally utilized in barrier and security parts. It is utilized in delicate ballistic vests.
Ceramic armor helps in vanquishing the high speed shots. It is a lightweight material, which ensures
solidness and execution. Ascend in headways in the safeguard division is relied upon to drive the
interest for ceramic armor amid the estimate time frame.
Ceramics have greater advantages in terms of weight and design flexibility. The new innovations in
the field of manufacturing ceramic armor are expected to design body armor with the features like
survivability, sustainability, and mobility which will help the soldiers. Increasing terrorist activities in
various countries are anticipated to encourage the demand for ceramic armor over the forecast
period.
Based on material, the alumina material segment accounts for a relatively larger market share
due to its inexpensive processing and higher density. By application, the homeland security
segment is estimated to exhibit the highest growth rate over the forecast period. Demand for
ceramic armor in defense is attributed to the emerging trend of upgrading military equipment.
Surging need for safeguarding military personnel is encouraging large-scale procurement of body
vests across the globe.
Furthermore, the industry is expected to witness key innovations over the projected period
owing to rising focus of manufacturers on designing body armor with enhanced features such as
survivability, lethality, sustainability, and mobility. Increasing terrorist activities in vario us
countries are anticipated to spur market demand over the forecast period.
Key Players: