PUBLISHER: Lucintel | PRODUCT CODE: 1417708
PUBLISHER: Lucintel | PRODUCT CODE: 1417708
Advanced Protective Gear and Armor Trends and Forecast
The future of the global advanced protective gear and armor market looks promising with opportunities in the industrial, oil & gas, law enforcements, healthcare, and construction markets. The global advanced protective gear and armor market is expected to reach an estimated $34.9 billion by 2030 with a CAGR of 10.1% from 2024 to 2030. The major drivers for this market are increasing security requirements and rising terrorist activities and warfare situations around the globe.
A more than 150-page report is developed to help in your business decisions.
Advanced Protective Gear and Armor by Segment
The study includes a forecast for the global advanced protective gear and armor by type, user, end use, and region.
List of Advanced Protective Gear and Armor Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies advanced protective gear and armor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the advanced protective gear and armor companies profiled in this report include-
Advanced Protective Gear and Armor Market Insights
Lucintel forecasts that chemical or biological is expected to witness the highest growth over the forecast period.
Within this market, oil & gas will remain the largest segment due to growing demand for advanced protective gear in the oil & gas industry.
APAC is expected to witness highest growth over the forecast period due to increasing cross-border tensions and growing demand from the military and defense and low enforcement sectors of the region.
Features of the Global Advanced Protective Gear and Armor Market
Market Size Estimates: Advanced protective gear and armor market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Advanced protective gear and armor market size by type, user, end use, and region in terms of value ($B).
Regional Analysis: Advanced protective gear and armor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, users, end uses, and regions for the advanced protective gear and armor market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the advanced protective gear and armor market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the advanced protective gear and armor market size?
Answer: The global advanced protective gear and armor market is expected to reach an estimated $34.9 billion by 2030.
Q2. What is the growth forecast for advanced protective gear and armor market?
Answer: The global advanced protective gear and armor market is expected to grow with a CAGR of 10.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the advanced protective gear and armor market?
Answer: The major drivers for this market are increasing security requirements and rising terrorist activities and warfare situations around the globe.
Q4. What are the major segments for advanced protective gear and armor market?
Answer: The future of the global advanced protective gear and armor market looks promising with opportunities in the industrial, oil & gas, law enforcements, healthcare, and construction markets.
Q5. Who are the key advanced protective gear and armor market companies?
Answer: Some of the key advanced protective gear and armor companies are as follows.
Q6. Which advanced protective gear and armor market segment will be the largest in future?
Answer: Lucintel forecasts that chemical or biological is expected to witness the highest growth over the forecast period.
Q7. In advanced protective gear and armor market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to increasing cross-border tensions and growing demand from the military and defense and low enforcement sectors of the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.