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Growing Ceramic Armor demand fueled by rising security concerns and military advancements, driving innovation in protective materials.
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Ceramic Armor Market XMarket by Material Type (Alumina, Boron Carbide, Silicon Carbide, Ceramic Matrix Composite, Titanium Boride, Aluminium Nitride), Application (Body Armor, Aircraft Armor, Marine Armor, Vehicle Armor), and by Region (North America, Europe, Asia Pacific, South America, Middle East, and Africa) Global Trends and Forecast from 2029 to 2030 “Exactitude Consultancy That Adds Flavour To Your Success” sales@exactitudeconsultancy.com
Analysts’ Viewpoint on Market Scenario The global ceramic armor market was valued at 2.31 billion in 2022 and is projected to reach 4.12 billion by 2029, growing at a CAGR of 8.6% from 2022 to 2029 Rising investment by the government in the defense sector to improve the security services and increasing threats of attacks are the major growth driver for Ceramic Armor Market. Moreover rising focus on soldier safety & soldier survivability and advancements in ammunition & weapon systems have triggered the demand for Ceramic Armor. The Global Ceramic Armor Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market. Browse full report @: https://exactitudeconsultancy.com/reports/18254/ceramic-armor-market/ Read More… sales@exactitudeconsultancy.com
ANALYSIS OF KEY PLAYERS Some of the key players profiled in the study are The major players operating in the global ceramic armor industry include BAE Systems plc, Koninklijke, DSM N.V., Morgan Advanced Materials, Saint-Gobain, CoorsTek, Inc., 3M Company, CeramTec, Ceradyne, SAAB AB, ArmorWorks and others Recent developments: 15 February 2023: BAE Systems and Leonardo collaborate on interoperable aircraft survivability solutions. BAE Systems, Inc. and Leonardo UK recently received U.S. government approval to develop an interoperable aircraft survivability suite consisting of BAE Systems’ AN/AAR-57 Common Missile Warning System (CMWS) and Leonardo’s Miysis Directed Infrared Countermeasure (DIRCM) System. 12 December 2022: U.S. Navy awards BAE Systems $295 million contract for USS Kearsarge modernization. BAE Systems has received a $294.7 million contract from the U.S. Navy to drydock and perform more than 19 months* of maintenance and modernization work on the amphibious assault ship USS Kearsarge (LHD 3). Browse full report @: https://exactitudeconsultancy.com/reports/18254/ceramic-armor-market/ sales@exactitudeconsultancy.com
MARKET SEGMENT ANALYSIS Based on material type, application, and region, the global market for professional ceramic armor is divided into these categories. On the basis of material types ceramic armor is divided into Alumina, Boron Carbide, Silicon Carbide, Ceramic Matrix Composite, Titanium Boride, and Aluminium Nitride. The greatest share of the global ceramic armor market was held by silicon carbide. Due to its exceptional strength and hardness, silicon carbide ceramic material is ideal for protecting rifle projectiles. The market for silicon carbide ceramic armor has increased due to the excessive demand for body armor offering greater defense and less weight. One of the essential ceramic components for making ceramic armor is silicon carbide. For defense against heavier projectiles, armor frequently contains silicon carbide. The global market for silicon carbide has grown due to the growing demand for body armor that offers more defense and lighter weight. Due to its tremendous strength and hardness, silicon carbide ceramic material is the most suitable material for resisting rifle projectiles. Download Sample Report PDF (Including Full TOC, Table & Figures): https://exactitudeconsultancy.com/reports/18254/ceramic-armor-market/#request-a-sample “Connect with our team of research specialists and unlock the optimal solution for driving your business growth” sales@exactitudeconsultancy.com
REGIONAL ANALYSIS The Ceramic Armor market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA). Due to the huge demand from the US and other nations, North America is the region that consumes the most ceramic armor. The US military spends a lot of money maintaining security in this area, there are established companies, and there are strict regulations surrounding the safety of defense personnel, which all contribute to the market growth for ceramic armor in this area. It is anticipated that there would be a lot of investment prospects for ceramic armor producers as a result of increased research and development expenditures by the US government and private businesses as well as the replacement of outdated combat vehicles with high-performance, lightweight materials. Ceramic Armor Market | Exactitude Consultancy sales@exactitudeconsultancy.com
Here's how Exactitude Consultancyhelps the stakeholders and CXOs through the reports • Inculcation and Evaluation of Strategic Collaborations: The researchers analyse recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. • Perfect Market Size Estimations: The report analyses the demographics, growth potential, and capability of the Ceramic Armor market through the forecast period. • This factor leads to the estimation of the Ceramic Armor market size and also provides an outline about how the market will retrieve growth during the assessment period. • Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular Ceramic Armor market that will help the stakeholders to be aware of the current investment scenario across the market. sales@exactitudeconsultancy.com
WHAT IS NEW IN 2024? • Major developments that can change the business landscape as well as market forecasts. • Addition/refinement in segmentation–Increase in depth or width of segmentation of the market. • Coverage of new market players and change in the market share of existing players of the Ceramic Armor market. • Updated financial information and product portfolios of players operating in the Ceramic Armor market. • Updated market developments of the profiled players. • Any new data points/analysis (frameworks) which was not present in the previous version of the report • The new edition of the report consists of trends/disruptions on customer’s business, tariff and regulatory landscape, pricing analysis, and a market ecosystem map to enable a better understanding of the market dynamics for Ceramic Armor. sales@exactitudeconsultancy.com
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