Military Personal Protective Equipment Market Expected To Witness A Substantial Growth Of $28.33 Billion By 2027: Grand View Research Inc.

 


The global military personal protective equipment market size is expected to reach USD 28.33 billion by 2027, registering a CAGR of 11.3% during the forecast period, according to a new report by Grand View Research, Inc. Rising focus of defense agencies to ensure soldier survivability is projected to drive the demand for personal protective equipment (PPE) in armed forces.

U.S., France, China, India, and Saudi Arabia were the major spenders on protective equipment for armed forces and accounted for around 60% of the global military spending in 2020. Increased spending on military activities by various governments coupled with a rising number of military recruits is anticipated to boost the demand for PPE over the forecast period.

PPE has become the crucial element in soldier safety. Military personal protective equipment are used to provide protection from severe damage caused due to interaction with physical, radiological, chemical, mechanical, electrical, or any bio-hazard. Growing awareness pertaining to security and safety of military personnel is projected to drive demand.

The military PPE market is exhibiting high demand for innovative products. Increasing R&D activity pertaining to military wearables to improve their strength, efficiency, and flexibility is projected to boost the market. For instance, usage of nanotechnology materials to produce flexible and lightweight armors is one of the trends that benefitting the market expansion.

To Request Sample Copy of this report, click the link:

https://www.grandviewresearch.com/industry-analysis/military-personal-protective-equipment-market/request/rs1

The military Personal Protective Equipment (PPE) refer to the body armor, tactical vests, eye protection, respiratory devices, advanced combat helmets, gloves, and foot wares worn by military personals during combat or in training. The purpose of this PPE is to protect military personnel from physical, biological, chemical, and radioactive hazards.

Military Personal Protective Equipment Market Report Highlights

  • Body armor segment dominated the market and accounted for 20.7% of the total demand in 2020 on account of growing demand for ballistic protection suits and rise in asymmetric warfare in various countries
  • Army as an end-use segment is anticipated to advance at a CAGR of 11.5% over the forecast period on account of growing emphasis on enhancing need for protective equipment for armed forces
  • North America emerged as the largest market for military personal protective equipment and accounted for 35.8% of the total demand in 2020 owing to higher military spending in countries including U.S. and Canada in the region
  • Asia Pacific is expected to witness the fastest growth over the forecast period owing to increasing instances of warfare and border disputes in countries such as India, China, and Pakistan
  • Majority of manufacturers are engaged in offering products by implementing the most innovative and state-of-the-art technologies to ensure optimum comfort, durability, and protection to armed forces

U.S. is one of the prominent markets for military PPE and was the largest military spender in the world in 2020 with an expenditure of USD 732 billion -accounting for 38% of global military spending. The United States Armed Forces is the third-largest military in the world, which includes the Army, Navy, Marine Corps, Air Force, and Coast Guard. The increased expenditure on defense by the country is projected to drive the military PPE market.

The rise in military spending in China can be attributed to the country’s economic growth. The growing tension between China and U.S. significantly boosted military spending in these countries. In addition, increasing instances of warfare and border disputes in the Asia Pacific countries such as India, China, and Pakistan are anticipated to boost the regional demand for PPE over the forecast period.

Rising technological advancements have resulted in boosting the penetration of personal protective equipment in the military. Development of robust, lightweight, highly efficient, and compact protective equipment suitable for numerous defense operations is further projected to drive the market in the forthcoming years.

Increasing terrorism and cross-border criminal activities have triggered asymmetric warfare amongst different nations globally and this is expected to further increase product demand. The novel coronavirus pandemic has compelled the military to extend their infection control measures, which is anticipated to drive the demand for protective equipment including respiratory protection, eye and face protection, and gloves over the forecast period.

Have a Query? Ask Our Expert:

https://www.grandviewresearch.com/inquiry/450601/ibb

The market is highly competitive in nature with the presence of both global and regional companies. The companies engage in continuous research and development and implementation of new designs to manufacture products using innovative and optimum quality materials to comply with the rising demand from end-users. The industry focuses on activities to develop new technologies, for instance, usage of nanotechnology materials to produce flexible and lightweight armors is one of the trends that benefitting the market expansion. Some of the prominent players in the military personal protective equipment market include:

  • 3M Company.
  • Honeywell International
  • ArmorWorks
  • Eagle Industries
  • BAE Systems
  • DuPont
  • DSM
  • Armorsource
  • MSA Safety
  • Revision Military
  • Gentex Corporation
  • Ansell
  • MKU Limited
  • Avon Protection Systems, Inc.
  • Ballistic Body Armor Pty

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information:www.grandviewresearch.com

 

 

 

 

Comments

Post a Comment

Popular posts from this blog

Vertical Farming Market Growth On The Basis Of Type, Application, Region & Forecast To 2030: Grand View Research Inc.

Image
  The vertical farming market is witnessing significant advancements, marked by the adoption of innovative technologies, including sensors and cameras, to increase yields and enhance resource efficiency. Vertical farming efficiently addresses the challenges of limited space and environmental constraints. It offers a reliable solution by ensuring stable crop production, even during unfavorable weather conditions. Compared to traditional farming methods, vertical farming provides numerous advantages, including reduced water usage, decreased reliance on agrochemicals, and decreased dependency on agricultural labor. As a result, vertical farming is emerging as a promising alternative to meet the growing needs of urban populations. The ABCs of Vertical Farming: Key Components ·          Hardware: Vertical farming relies on various hardware components and systems to create the ideal environment for plants to grow optimally. The hardware components include: o    Lighting: Lighting in
Read more

Clinical Diagnostics Market Segment Analysis By Size, Share & Trends Analysis Report By Application, Regional Outlook, Competitive Strategies, And Segment Forecasts, 2019 To 2025

Image
  San Francisco, 12 June 2024:  The Report Clinical Diagnostics Market Size, Share & Trends Analysis Report By Application, Regional Outlook, Competitive Strategies, And Segment Forecasts, 2019 To 2025 The clinical diagnostics market, like many other businesses, is entering the Industry 4.0 revolution. The advent of digitalization, automation, and robotization has helped develop highly flexible smart laboratories. These labs can manage both high-volume/routine analyses and highly customized analyses at reasonable prices. Clinical laboratories are required to have exceptional flexibility to adapt quickly to persistent shifts and unpredictable new environments. Mentioned below are the 5 key trends that are helping the clinical diagnostics industry survive in a dynamic environment: Integration of Automation Technologies in Genomics Over the years, the accuracy of genome sequencing has radically improved. Furthermore, sequencing and library preparation platforms are n
Read more

Satellite Payload Market Growth On The Basis Of Type, Application, Region & Forecast To 2025: Grand View Research Inc.

  San Francisco, 10 June 2024:  The Report Satellite Payloads Market Size, Share & Trends Analysis Report By Orbit (LEO, MEO, GEO), By Application (Communication & Navigation, Remote Sensing, Surveillance), By End Use, By Region, And Segment Forecasts, 2018 - 2025 The global satellite payloads market size is expected to reach USD 21.8 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 7.9% over the forecast period, owing to Increased government spending in space exploration activities is expected to boost the market growth over the forecast period. The growing popularity of communication and broadcasting services including pay TV and Over-The-Top (OTT) have led providers to develop advanced payload systems. Moreover, the increased penetration of payloads in the commercial sector is expected to propel the market demand. The market is expected to witness significant growth as there has been a great rise in t
Read more