Personal Protective Equipment (PPE) Market 2019 Global Military Industry Trends, Size, Share, Growth, Opportunities and Forecast to 2023
Jul 8, 2019
Global Military Personal Protective Equipment Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Country-level Analysis for Every Segment, Key Player's Market Share Analysis, Competitive Landscape and Supply Chain Analysis.
pune, India - July 8, 2019 /MarketersMedia/ —
The global military personal protective equipment market is predicted to grow at a 20% CAGR over the forecast period (2018-2023), reveals the Market Research Future (MRFR) report. Military personal protective equipment is a vital part of military gear, which is utilized for protecting troops. This comprises helmets, gloves, footwear covers, eyewear, tactical vest, pelvic protection system, garment ensembles, and protective body armor. Military personal protective equipment has been specially designed for protecting military personnel against biological and chemical hazards at the time of a combat situation.
Various factors are driving the growth of the military personal protective equipment market. These factors, in accordance with the Market Research Future (MRFR) report, include increasing terrorist attacks, regional and armed conflicts, border threats, increasing CBRN (chemical, biological, radiological, and nuclear) threats, growing investments on development of accessories, chemical protective suits, and advanced military body armor. On the contrary, the weight of accessories, uniforms, and other equipment makes it difficult to maneuver easily. This is likely to hamper the military personal protective equipment market growth.
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Key Players
Leading players profiled in the military personal protective equipment market report include-
• Cigweld Pty Ltd (US)
• Lindstrom Group (Finland)
• Gentex Corporation (US)
• Revision Military Inc. (US)
• Honeywell Advanced Fibres and Composites (US)
• DuPont (US)
• Armorsource (US)
• BAE Systems (UK)
• Eagle Industries Unlimited Inc. (US)
• ArmorWorks (US)
• 3M Ceradyne (US)
June 2019: The US has delivered to Niger the first batch of military equipment to strengthen the fight of G5 Sahel Group against insecurity and terrorism.
Market Segmentation
The Market Research Future report offers a wide segmental analysis of the Military Personal Protective Equipment Market based on platform, application, and product type.
Based on product type, the military personal protective equipment market is segmented into tactical vest, pelvic protection system, body armor, protective eyewear, helmet, life safety jacket, and others. Of these, the body armor segment will have the largest share in the market over the forecast period, while the protective eyewear segment is expected to grow at the fastest pace.
Based on application, the military personal protective equipment market is segmented into emergency preparedness, training, and combat. Of these, the combat application segment will dominate the market over the forecast period.
Based on platform, the military personal protective equipment market is segmented into ground-based, naval, and airborne. Of these, the ground-based segment will lead the market over the forecast period.
Regional Analysis
Based on the region, the military personal protective equipment market report covers growth opportunities and the latest trends across the Asia Pacific, Latin America, Europe, North America, and the Middle East and Africa. Of these, North America will have a lion’s share in the market over the forecast period. This is owing to technological advancements and high demand for such protective equipment.
The military personal protective equipment market in the APAC region is predicted to grow at the fastest pace over the forecast period with South Korea, India, Japan, and China being the four leading technological hubs in the region. These hubs have significantly increased their military expenses and have also engaged in both the development as well as production of advanced military personal protective equipment, that are used on the battlefield.
The military personal protective equipment market in Europe is predicted to have a healthy growth over the forecast period. This is owing to Russia, Germany, France, and the UK having strong military prowess. Besides, some key players are also based in this region that is boosting the market growth.
The military personal protective equipment market in the Middle East and Africa will have a limited share over the forecast period. This is owing to lack of skilled labor, lack of awareness, lack of education, presence of poor countries and also lack of technological advancement. Border disputes and terrorist attacks in this region do create a vital market in the region. Key country-specific markets here include the UAE, Saudi Arabia, and Israel.
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Scoep 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.
List of Tables
Table 1 Global Military Personal Protective Equipment Market, by Region, 2018–2023
Table 2 North America: Military Personal Protective Equipment Market, by Country, 2018–2023
Table 3 Europe: Military Personal Protective Equipment Market, by Country, 2018–2023
Table 4 Asia-pacific: Military Personal Protective Equipment Market, by Country, 2018–2023
Table 5 Middle East & Africa: Military Personal Protective Equipment Market, by Country, 2018–2023
Table 6 Latin America: Military Personal Protective Equipment Market, by Country, 2018–2023
Table 7 Global Military Personal Protective Equipment Market, by Product Type, 2018–2023
Table 8 North America: Military Personal Protective Equipment Market, by Product Type, 2018–2023
Table 9 Europe: Military Personal Protective Equipment Market, by Product Type, 2018–2023
Table 10 Asia-pacific: Military Personal Protective Equipment Market, by Product Type, 2018–2023
Continued.......
List of Figures
Figure 1 Research Process of Mrfr
Figure 2 Top-down & Bottom-up Approaches
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter's Five Forces Analysis
Figure 7 Supply Chain Analysis
Figure 8 Global Military Personal Protective Equipment Market Share, by Product Type, 2017 (%)
Figure 9 Global Military Personal Protective Equipment Market, by Product Type, 2018–2023 (Usd Million)
Figure 10 Global Military Personal Protective Equipment Market Share, by Application, 2017 (%)
Continued......
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Source: MarketersMedia
Release ID: 88893594
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