Ceramic Armor Market Is Expected To Expand At A CAGR Of 7.2% To 2025Posted by rahul nikade on July 27th, 2022 Ceramic Armor Industry Overview The global ceramic armor market size is estimated to reach USD 3.04 billion by 2025, according to a new report by Grand View Research, Inc., presenting a 7.2% CAGR during the forecast period. The market is driven by increasing unrest among countries, cross-border disputes, and terrorist activities, which creates the need for advanced protection systems for soldiers as well as combat vehicles. Advancements in material technologies and manufacturing techniques are driving adoption of ceramic as armor materials. Ceramic Armor Market Segmentation Grand View Research has segmented the global ceramic armor market based on material, application, platform, and region: Based on the Material Insights, the market is segmented into Alumina, SiC, Ceramic Metal Composite, Boron Carbide, Others.
Based on the Platform Insights, the market is segmented into Defense, Homeland Security, Civilians.
Based on the Application Insights, the market is segmented into Body Armor, Aircraft Armor, Defense Armor, Marine Armor.
Ceramic Armor Regional Outlook
Key Companies Profile & Market Share Insights Vendors also form contractual relationships with defense agencies for long - term product supply. For instance, in March 2018, Ceradyne Inc. received an order worth USD 34 million from the U.S. army for the continuous supply of Integrated Head Protection Systems (IHPS) ballistic helmets. This investment increased the company’s IHPS contract value to over USD 52 million. Some prominent players in the global ceramic armor market include
Order a free sample PDF of the Ceramic Armor Market Intelligence Study, published by Grand View Research. About Grand View Research Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc. Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: sales@grandviewresearch.com Like it? Share it!More by this author |