Ceramic Armor Market Worth to Reach USD 3249.9 million By 2027

Posted On October 11, 2021     

The Global Ceramic Armor Market report evaluates the market revenue to reach USD 3249.9 million mark in 2027. The CAGR is expected to be close to 7% from 2021 till the end of 2027 according to the newly published report by Value Market Research. The rising defence spending and militarization index worldwide is a major factor influencing the ceramic armour market. Current industry trends, such as the requirement for lighter armour systems and military modernization programs, are projected to provide key players with new profitable market prospects. Furthermore, the increase in military warfare boosts the demand for ballistic protection systems to defend military troops, contributing to the growth of the ceramic armour market in the coming years.

Ceramic armors are used to protect both vehicles and individuals. These are always changing in order to keep up with the ever-increasing threat levels. Ceramic armors are used to keep bomb fragments contained and prevent bullet penetration. They were designed specifically for projectile resistance, with great hardness and compressive strength, as well as the benefit of being lightweight. The military's quest for lighter protection materials has given rise to the employment of ceramic armour materials.Ceramics outperform steel in terms of weight reduction and metals in terms of impact energy absorption. Alumina, boron carbide, silicon carbide, and titanium diboride are the most popular ceramic materials utilised in armour applications.

The market dynamics covered in the report "Global Ceramic Armor Market Report By Product Type By Material Type (Silicon Carbide, Alumina, Boron Carbide, Ceramic Matrix Composite, Others (Titanium Boride, Aluminium Nitride), By Application (Body Armor, Aircraft Armor, Vehicle Armor, Marine Armor, Others (Civilians; Bank, Offices, Personal Cars) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2027" gives a holistic scope of the market along with the market forecasts.
           
On the basis of material type the market is segmented into Silicon Carbide, Alumina, Boron Carbide, Ceramic Matrix Composite, Others (Titanium Boride, Aluminium Nitride). By application the ceramic armor market is categorised as Body Armor, Aircraft Armor, Vehicle Armor, Marine Armor, Others (Civilians; Bank, Offices, Personal Cars). Geographically the research study provides data on North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions. Each region is segregated into North America (North America, United State and Rest of North America), Europe (United Kingdom, France, Germany, and Rest of Europe), Asia Pacific (China, Japan, India, Rest of Asia Pacific), Latin America (Brazil, Rest of Latin America) and Middle East & Africa. This section provides the estimates of market by segment. This section provides the estimates of market by segment thus, providing valuable data to take strategic decisions.

The Report Segments Global Ceramic Armor Market -
By Material Type

  • Silicon Carbide
  • Alumina
  • Boron Carbide
  • Ceramic Matrix Composite
  • Others (Titanium Boride, Aluminium Nitride)

 
By Application

  • Body Armor
  • Aircraft Armor
  • Vehicle Armor
  • Marine Armor
  • Others (Civilians; Bank, Offices, Personal Cars)

 
By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

 
Players Profiled In the Report:
Ceradyne, SAAB AB, CeramTec, ArmorWorks, CeramTec, Koninklijke Ten Cate BV, CoorsTek Inc., Olbo & Mehler, Koninklijke Ten Cate BV, M Cubed Technologies,  and Safariland LLC.

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