Ceramic armor is widely accepted in the defense and security industry across soft ballistic vests to defeat the high-velocity projectiles. These ceramic armors are lightweight with high durability and performance. Also, it has high hardness and compressive strength, which increases the use across where the weight is a concern. In ceramic armor, the main materials used are alumina, boron carbide, silicon carbide, and titanium diboride ceramics.
Ceramic Armor Market Segmentation |
|
By Type | 1. Alumina |
2. Boron Carbide | |
3. Silicon Carbide | |
4. Ceramic Matrix Composite | |
5. Others | |
By Application | 1. Body Armor |
2. Marine Armor | |
3. Vehicle Armor | |
4. Others | |
By Region | 1. North America (US and Canada) |
2. Europe (UK, Germany, France and Rest of Europe) | |
3. Asia Pacific (China, Japan, India and Rest of Asia Pacific) | |
4. Latin America (Brazil, Mexico and Rest of Latin America) | |
5. Middle East & Africa (GCC and Rest of Middle East & Africa) | |
The growth of the ceramic armor market is primarily driven by the growth in the security concerns across the globe, increase in demand for homeland security, and the rise in the development of lethal ammunition and weapons. Moreover, an increase in the need for lighter armor systems and growth in military modernization programs are expected to create opportunities for the manufacturers in the global market over the forecast period. However, the cumbersome in design associated with ceramic armor expected to hamper the growth of the global ceramic armor market in the coming years.
The alumina segment expected to dominate the market throughout the forecast period
Based on product, the global ceramic armor market has been segmented into alumina, boron carbide, silicon carbide, ceramic matrix composite, and others. The alumina of ceramic armor accounted for approximately 35% of the share in the global ceramic armor market in 2018. Moreover, Alumina is expected to further dominate the major share in the global ceramic armor market during the forecast period. The benefits such as high modulus of elasticity and hardness with lightweight are expected to increase its demand in the market.
While silicon carbide accounted highest CAGR of around 9% in the global ceramic armor market during the forecast period. Silicon carbide materials have high capabilities to defend rifle bullets owing to its superior strength and hardness. Also, the demand is also propelling due to providing higher defense and lower weight benefits.
Based on the application, the body armor segment is expected to grow at a CAGR of around 11% throughout the forecast period
Based on application, the market has been segmented into body armor, aircraft armor, marine armor, vehicle armor, and other. The body armor segment accounts of the largest share in the market and are expected to grow at a CAGR of around 8.5% during the forecast period. The high investment from the governments across North America and Europe are creating demand for body armors in the market.
While the vehicle armor application segment is expected to hold the highest CAGR of nearly 9.1% during the forecast period owing to the increase in consumption of ceramic armor in the manufacturing of vehicular components. Moreover, the increase in the development across technology and components across vehicles for ammunition and weapon systems are also boosting the demand for ceramic armor in the vehicle armor application.
North America to dominate the ceramic armor market throughout the forecast period
North America accounted for nearly 48% share of the global ceramic armor market in 2018 and is expected to dominate the market throughout the forecast period followed by Europe and Asia-Pacific. The growth in demand for body armor from the defense as well as civilians is expected to increase in demand for ceramic armor in the region. Moreover, the continuous increase in military spending from the US government is widely increasing the demand for ceramic armor in the vehicle armor and aircraft armor applications.
Asia-Pacific is expected to hold the highest CAGR in the global market during the forecast period. Asia-Pacific is expected to exhibit significant growth rate for ceramic armor during the forecast period owing to the presence of China, India, Japan, and South Korea. There is a heavy increase in spending towards the military to meet the demand for personnel security and safety. Additionally, the rise in cross-border disputes and terrorist activities in Asia-Pacific is one of the major factors to creating the need for modernization of the defense & military sector. This expected to grow the demand and sales for ceramic armors in the region.
Company Profiles and Competitive Intelligence:
The major players operating in the global ceramic armor market are Saint-Gobain (France), 3M Company, Koninklijke Ten Cate BV, Coorstek, Inc., Morgan Advanced Materials plc, Ceramtec, Armorworks Enterprises, LLC, BAE Systems, II-VI Incorporated, and Safariland LLC among others.
Ask for free product review call with the author
Share your specific research requirements for a customized report
Request for due diligence and consumer centric studies
Request for study updates, segment specific and country level reports
TABLE OF CONTENT
Chapter 1 Executive Summary
1.1. Market Summary
1.1.1. Global Ceramic Armor Market, 2016-2026, (USD Million)
1.2. Market Snapshot: Global Ceramic Armor Market
1.3. Market Dynamics
1.4. Global Ceramic Armor Market, by Segment, 2018
1.4.1. Global Ceramic Armor Market, by Type, 2018, (USD Million)
1.4.2. Global Ceramic Armor Market, by Application, 2018, (USD Million)
1.4.3. Global Ceramic Armor Market, by Region, 2018 (USD Million)
1.5. Premium Insights
1.5.1. Ceramic Armor Market In Developed Vs. Developing Economies, 2018 vs 2026
1.5.2. Global Ceramic Armor Market: Regional Life Cycle Analysis
Chapter 2 Market Dynamics
2.1. Market Overview
2.2. Market Drivers
2.2.1. Growth in the security concerns across the globe
2.2.2. Increase in demand for homeland security
2.2.3. Rise in development of lethal ammunition and weapons
2.3. Market Restraints
2.3.1. Cumbersome in design associated for ceramic armor
2.4. Market Opportunities
2.4.1. Increase in need for lighter armor systems
2.4.2. Growth in military modernization programs
2.5. Industry Value Chain Analysis
2.6. Pricing Analysis
2.7. Porter’s Five Forces Analysis
Chapter 3 Global Ceramic Armor Market, by Type
3.1. Market Overview, by Type
3.1.1. Global Ceramic Armor Market, by Type, 2016-2026 (USD Million)
3.1.2. Incremental Opportunity, by Type, 2018
3.2. Alumina
3.2.1. Global Ceramic Armor Market, by Alumina, 2016-2026, (USD Million)
3.3. Boron Carbide
3.3.1. Global Ceramic Armor Market, by Boron Carbide, 2016-2026, (USD Million)
3.4. Silicon Carbide
3.4.1. Global Ceramic Armor Market, by Silicon Carbide, 2016-2026, (USD Million)
3.5. Ceramic Matrix Composite
3.5.1. Global Ceramic Armor Market, by Ceramic Matrix Composite, 2016-2026, (USD Million)
3.6. Others
3.6.1. Global Ceramic Armor Market, by Others, 2016-2026, (USD Million)
Chapter 4 Global Ceramic Armor Market, by Application
4.1. Market Overview, by Application
4.1.1. Global Ceramic Armor Market, by Application, 2016-2026 (USD Million)
4.1.2. Incremental Opportunity, by Application, 2018
4.2. Body Armor
4.2.1. Global Ceramic Armor Market, by Body Armor, 2016-2026, (USD Million)
4.3. Aircraft Armor
4.3.1. Global Ceramic Armor Market, by Aircraft Armor, 2016-2026, (USD Million)
4.4. Marine Armor
4.4.1. Global Ceramic Armor Market, by Marine Armor, 2016-2026, (USD Million)
4.5. Vehicle Armor
4.5.1. Global Ceramic Armor Market, by Vehicle Armor, 2016-2026, (USD Million)
4.6. Others
4.6.1. Global Ceramic Armor Market, by Others, 2016-2026, (USD Million)
Chapter 5 Global Ceramic Armor Market, by Region
5.1. Market Overview, by Region
5.1.1. Global Ceramic Armor Market, by Region, 2016-2026, (USD Million)
5.2. Attractive Investment Opportunity, by Region, 2018
5.3. North America Ceramic Armor Market
5.3.1. North America Ceramic Armor Market, by Type, 2016-2026 (USD Million)
5.3.2. North America Ceramic Armor Market, by Application, 2016-2026 (USD Million)
5.3.3. United States Ceramic Armor Market, 2016-2026 (USD Million)
5.3.4. Canada Ceramic Armor Market, 2016-2026 (USD Million)
5.4. Europe Ceramic Armor Market
5.4.1. Europe Ceramic Armor Market, by Type, 2016-2026 (USD Million)
5.4.2. Europe Ceramic Armor Market, by Application, 2016-2026 (USD Million)
5.4.3. United Kingdom Ceramic Armor Market, 2016-2026 (USD Million)
5.4.4. Germany Ceramic Armor Market, 2016-2026 (USD Million)
5.4.5. France Ceramic Armor Market, 2016-2026 (USD Million)
5.4.6. Rest of Europe Ceramic Armor Market, 2016-2026 (USD Million)
5.5. Asia Pacific Ceramic Armor Market
5.5.1. Asia Pacific Ceramic Armor Market, by Type, 2016-2026 (USD Million)
5.5.2. Asia Pacific Ceramic Armor Market, by Application, 2016-2026 (USD Million)
5.5.3. China Ceramic Armor Market, 2016-2026 (USD Million)
5.5.4. Japan Ceramic Armor Market, 2016-2026 (USD Million)
5.5.5. India Ceramic Armor Market, 2016-2026 (USD Million)
5.5.6. Rest of Asia Pacific Ceramic Armor Market, 2016-2026 (USD Million)
5.6. Latin America Ceramic Armor Market
5.6.1. Latin America Ceramic Armor Market, by Type, 2016-2026 (USD Million)
5.6.2. Latin America Ceramic Armor Market, by Application, 2016-2026 (USD Million)
5.6.3. Brazil Ceramic Armor Market, 2016-2026 (USD Million)
5.6.4. Mexico Ceramic Armor Market, 2016-2026 (USD Million)
5.6.5. Rest of Latin America Ceramic Armor Market, 2016-2026 (USD Million)
5.7. Middle East & Africa Ceramic Armor Market
5.7.1. Middle East & Africa Ceramic Armor Market, by Type, 2016-2026 (USD Million)
5.7.2. Middle East & Africa Ceramic Armor Market, by Application, 2016-2026 (USD Million)
5.7.3. GCC Ceramic Armor Market, 2016-2026 (USD Million)
5.7.4. Rest of Middle East & Africa Ceramic Armor Market, 2016-2026 (USD Million)
Chapter 6 Competitive Intelligence
6.1. Top 5 Players Comparison
6.2. Market Positioning of Key Players, 2018
6.3. Market Players Mapping
6.3.1. By Type
6.3.2. By Application
6.3.3. By Region
6.4. Strategies Adopted by Key Market Players
6.5. Recent Developments in the Market
6.5.1. Mergers & Acquisitions, Partnership, New Product Developments
Chapter 7 Company Profiles
7.1. Saint-Gobain
7.1.1. Saint-Gobain Overview
7.1.2. Saint-Gobain Products Portfolio
7.1.3. Saint-Gobain Financial Overview
7.1.4. Saint-Gobain News/Recent Developments
7.2. 3M Company
7.2.1. 3M Company Overview
7.2.2. 3M Company Products Portfolio
7.2.3. 3M Company Financial Overview
7.2.4. 3M Company News/Recent Developments
7.3. Koninklijke Ten Cate BV
7.3.1. Koninklijke Ten Cate BV Overview
7.3.2. Koninklijke Ten Cate BV Products Portfolio
7.3.3. Koninklijke Ten Cate BV Financial Overview
7.3.4. Koninklijke Ten Cate BV News/Recent Developments
7.4. Coorstek, Inc.
7.4.1. Coorstek, Inc. Overview
7.4.2. Coorstek, Inc. Products Portfolio
7.4.3. Coorstek, Inc. Financial Overview
7.4.4. Coorstek, Inc. News/Recent Developments
7.5. Morgan Advanced Materials plc
7.5.1. Morgan Advanced Materials plc Overview
7.5.2. Morgan Advanced Materials plc Products Portfolio
7.5.3. Morgan Advanced Materials plc Financial Overview
7.5.4. Morgan Advanced Materials plc News/Recent Developments
7.6. Ceramtec
7.6.1. Ceramtec Overview
7.6.2. Ceramtec Products Portfolio
7.6.3. Ceramtec Financial Overview
7.6.4. Ceramtec News/Recent Developments
7.7. Armorworks Enterprises, LLC
7.7.1. Armorworks Enterprises, LLC Overview
7.7.2. Armorworks Enterprises, LLC Products Portfolio
7.7.3. Armorworks Enterprises, LLC Financial Overview
7.7.4. Armorworks Enterprises, LLC News/Recent Developments
7.8. BAE Systems
7.8.1. BAE Systems Overview
7.8.2. BAE Systems Products Portfolio
7.8.3. BAE Systems Financial Overview
7.8.4. BAE Systems News/Recent Developments
7.9. II-VI Incorporated
7.9.1. II-VI Incorporated Overview
7.9.2. II-VI Incorporated Products Portfolio
7.9.3. II-VI Incorporated Financial Overview
7.9.4. II-VI Incorporated News/Recent Developments
7.10. Safariland LLC
7.10.1. Safariland LLC Overview
7.10.2. Safariland LLC Products Portfolio
7.10.3. Safariland LLC Financial Overview
7.10.4. Safariland LLC News/Recent Developments
Chapter 8 Preface
8.1. Data Triangulation
8.2. Research Methodology
8.2.1. Phase I – Secondary Research
8.2.2. Phase II – Primary Research
8.2.3. Phase III – Expert Panel Review
8.2.4. Approach Adopted
8.2.4.1. Top-Down Approach
8.2.4.2. Bottom-Up Approach
8.2.5. Supply- Demand side
8.2.6. Breakup of the Primary Profiles