Global Military Lightweight Armor Systems Market 2017-2021
About Military Light Weight Armour Systems
Body armors are soldier protection systems that are used by armies, navies, air forces, and paramilitary personnel. These systems are crucial for military forces for their survivability and protection against explosives, bullets, and other sharp weapons. Increasing instances of arms conflict have created a demand for superior protective armor for soldiers deployed on missions.
Technavio’s analysts forecast the global military light weight armour systems market to grow at a CAGR of 4.48% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global military light weight armour systems market for 2017-2021. To calculate the market size, the report considers the retail selling price is considered as the average selling price of the product.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Military Light Weight Armour Systems Market 2017-2021
Technavio recognizes the following companies as the key players in the global military light weight armour systems market: 3M, DFNDR ARMOR, DuPont, and Koninklijke Ten Cate.
Other Prominent Vendors in the market are: AR500 ARMOUR, MKU, Revision Military, and Vestguard.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Integration of electronic components. The incorporation of electronic components into body armors is trending in the market. With the highly dynamic war environment, soldiers must be provided with more situational awareness and connectivity for their constant interaction with command centers. Therefore, designers are focusing on making mission-centric, scalable, and modular armors. This is supported by advancements in electronics that have made it possible to include sensors, communication, and data gathering instruments in body armors. For instance, MKU, India, offers a Custom Integrated Body Armour (CIBA). The components of CIBA include a hung display panel, headset connection, global positioning system, communication kit, and SDT pouches.”
According to the report, one of the major drivers for this market is Greater focus on soldier protection. Soldier protection and safety remain a prime concern for the defense ministries. Hence, governments are adopting various measures to facilitate the development and procurement of systems and equipment that enhance the protection level of the soldiers.
Further, the report states that one of the major factors hindering the growth of this market is Design difficulties. It is challenging to design body armors because of their multiple components. In addition, the overall weight of the armor needs to be at the desired level so that it does not hinder the mobility and flexibility of the wearer. For instance, TALOS comprises multiple subsystems like powered exoskeleton, wearable computers and displays, and medical monitoring units. However, it lacks a power system that is low weight as well as efficient enough to meet the power demands of these components.
3M, DFNDR ARMOR, DuPont, Koninklijke Ten Cate, AR500 ARMOUR, MKU, Revision Military, and Vestguard.