
Vehicle Armour Materials Market Report 2024-2034
Description
Vehicle Armour Materials Market Report 2024-2034
The Vehicle Armour Materials Market Report 2024-2034: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
Increasing Defence Expenditure Worldwide
The rise in global defence budgets is a significant driver for the vehicle armour materials market. Many nations are increasing their military spending to modernise their armed forces and enhance their defence capabilities. This is particularly evident in countries like the United States, China, and India, which are allocating substantial portions of their budgets to defence. As a result, there is a growing demand for advanced vehicle armour materials that can provide enhanced protection for military vehicles against modern threats. For example, the U.S. Department of Defense has been investing heavily in upgrading its fleet of armoured vehicles with advanced materials such as composite armour and reactive armour to improve survivability on the battlefield. This trend is likely to continue as geopolitical tensions and security threats persist, driving further growth in the vehicle armour materials market.
High Cost of Lightweight Armour Materials Hinder the Market Growth
The automotive industry's pursuit of light weighting as a key strategy for future vehicles faces significant challenges, prominently among them being the high costs associated with lightweight armour materials. These materials, while crucial for achieving weight reduction without compromising safety and performance, pose a barrier to widespread adoption in the market. As automakers strive to meet stringent fuel efficiency standards and reduce carbon emissions, integrating advanced lightweight materials becomes increasingly essential. However, the prohibitive expense of these materials limits their deployment, particularly in mass-market vehicles where cost-effectiveness is paramount.
The automotive sector's shift towards light weighting is driven by the need to enhance vehicle efficiency and performance. Lightweight materials such as advanced composites, aluminium alloys, and high-strength steel offer substantial weight reductions compared to traditional materials like steel, thereby improving fuel economy and reducing greenhouse gas emissions. Despite these benefits, the higher initial costs associated with acquiring and manufacturing lightweight armour materials remain a significant deterrent for manufacturers.
What Questions Should You Ask before Buying a Market Research Report?
- How is the vehicle armour materials market evolving?
- What is driving and restraining the vehicle armour materials market?
- How will each vehicle armour materials submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2034?
- How will the market shares for each vehicle armour materials submarket develop from 2024 to 2034?
- What will be the main driver for the overall market from 2024 to 2034?
- Will leading vehicle armour materials markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
- How will the market shares of the national markets change by 2034 and which geographical region will lead the market in 2034?
- Who are the leading players and what are their prospects over the forecast period?
- What are the vehicle armour materials projects for these leading companies?
- How will the industry evolve during the period between 2024 and 2034? What are the implications of vehicle armour materials projects taking place now and over the next 10 years?
- Is there a greater need for product commercialisation to further scale the vehicle armour materials market?
- Where is the vehicle armour materials market heading and how can you ensure you are at the forefront of the market?
- What are the best investment options for new product and service lines?
- What are the key prospects for moving companies into a new growth path and C-suite?
- Our 371-page report provides 117 tables and 182 charts/graphs exclusively to you.
- The report highlights key lucrative areas in the industry so you can target them – NOW.
- It contains in-depth analysis of global, regional and national sales and growth.
- It highlights for you the key successful trends, changes and revenue projections made by your competitors.
Forecasts to 2034 and other analyses reveal commercial prospects
- In addition to revenue forecasting to 2034, our new study provides you with recent results, growth rates, and market shares.
- You will find original analyses, with business outlooks and developments.
- Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising vehicle armour materials prices and recent developments.
Segments Covered in the Report
Market Segment by Armour Type
- Passive Armour
- Active Armour
- Reactive Armour
- Military and Defence
- Law Enforcement
- Commercial Security
- Other End-Users
- Armoured Personnel Carriers (APCs)
- Main Battle Tanks (MBTs)
- Infantry Fighting Vehicles (IFVs)
- Light Utility Vehicles (LUVs)
- Military Trucks and Transport Vehicles
- Steel
- Composite Materials
- Ceramic Materials
- Aramid Fibre
- Glass Reinforced Plastic (GRP)
- Other Types
North America
- U.S.
- Canada
- Germany
- Russia
- United Kingdom
- France
- Italy
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Brazil
- Mexico
- Rest of Latin America
- GCC
- South Africa
- Rest of Middle East & Africa
Leading companies profiled in the report
- AGY Holding Corp
- Alcoa Corporation
- Armourworks Enterprises, LLC
- ATI Inc.
- Cerco Corporation
- CoorsTek, Inc.
- CPS Technologies Corp
- DuPont de Nemours, Inc.
- Honeywell International Inc
- JPS Composite Materials
- Leeco Steel
- Morgan Advanced Materials plc
- PPG Industries, Inc.
- SSAB AB
- Teijin Limited
How will the Vehicle Armour Materials Market, 2024 to 2034 report help you?
In summary, our 360+ page report provides you with the following knowledge:
- Revenue forecasts to 2034 for Vehicle Armour Materials Market, 2024 to 2034 Market, with forecasts for armour type, end-user, vehicle type and type, each forecast at a global and regional level – discover the industry’s prospects, finding the most lucrative places for investments and revenues.
- Revenue forecasts to 2034 for four regional and 20 key national markets – See forecasts for the Vehicle Armour Materials Market, 2024 to 2034 market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Also forecasted is the market in the US, Canada, Brazil, Germany, France, UK, Italy, Russia, China, India, Japan, and Australia among other prominent economies.
- Prospects for established firms and those seeking to enter the market – including company profiles for 15 of the major companies involved in the Vehicle Armour Materials Market, 2024 to 2034.
Information found nowhere else
With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain’s study is for everybody needing commercial analyses for the Vehicle Armour Materials Market, 2024 to 2034, market-leading companies. You will find data, trends and predictions.
Please Note: Prior to initiating fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher..
The publisher is using a password system to access single user and team licenses. Single user (non-printable) and team licenses expire after 12 month period. In the case of team license purchases, the publisher requires all email addresses for the licensed users prior to fulfilment.
Table of Contents
367 Pages
- 1 Report Overview
- 1.1 Objectives of the Study
- 1.2 Introduction to Vehicle Armour Materials Market
- 1.3 What This Report Delivers
- 1.4 Why You Should Read This Report
- 1.5 Key Questions Answered by This Analytical Report
- 1.6 Who Is This Report for?
- 1.7 Methodology
- 1.7.1 Market Definitions
- 1.7.2 Market Evaluation & Forecasting Methodology
- 1.7.3 Data Validation
- 1.7.3.1 Primary Research
- 1.7.3.2 Secondary Research
- 1.8 Frequently Asked Questions (FAQs)
- 1.9 Associated Visiongain Reports
- 1.10 About Visiongain
- 2 Executive Summary
- 3 Market Overview
- 3.1 Key Findings
- 3.2 Market Dynamics
- 3.2.1 Market Driving Factors
- 3.2.1.1 Geopolitical Tension Between Countries Driving the Market Growth
- 3.2.1.2 Technological Advancements Driving the Market Growth
- 3.2.1.3 Development in Defence and Military Sectors Driving the Market Growth
- 3.2.2 Market Restraining Factors
- 3.2.2.1 High Cost of Lightweight Armour Materials Hinder the Market Growth
- 3.2.2.2 Regulatory Hurdles Impact Market Growth
- 3.2.2.3 Limited Market Demand in Non-Conflict Regions Hinder the Market Growth
- 3.2.3 Market Opportunities
- 3.2.3.1 Collaboration and Partnership Between Market Players Opportunities for the Market
- 3.2.3.2 Investment from Public and Private Sectors Opportunities for the Market Growth
- 3.2.3.3 Expansion of Market in New Geographical Area Opportunities for the Market Players
- 3.3 Porter’s Five Forces Analysis
- 3.3.1 Bargaining Power of Suppliers (Medium)
- 3.3.2 Bargaining Power of Buyers (High)
- 3.3.3 Competitive Rivalry (Medium to High)
- 3.3.4 Threat from Substitutes (Low)
- 3.3.5 Threat of New Entrants (Medium)
- 3.4 COVID-19 Impact Analysis
- 3.4.1 “V-Shaped Recovery”
- 3.4.2 “U-Shaped Recovery”
- 3.4.3 “W-Shaped Recovery”
- 3.4.4 “L-Shaped Recovery”
- 3.5 PEST Analysis
- 4 Vehicle Armour Materials Market Analysis by Armour Type
- 4.1 Key Findings
- 4.2 Armour Type Segment: Market Attractiveness Index
- 4.3 Vehicle Armour Materials Market Size Estimation and Forecast by Armour Type
- 4.4 Passive Armour
- 4.4.1 Market Size by Region, 2024-2034 (US$ Billion)
- 4.4.2 Market Share by Region, 2024 & 2034 (%)
- 4.5 Active Armour
- 4.5.1 Market Size by Region, 2024-2034 (US$ Billion)
- 4.5.2 Market Share by Region, 2024 & 2034 (%)
- 4.6 Reactive Armour
- 4.6.1 Market Size by Region, 2024-2034 (US$ Billion)
- 4.6.2 Market Share by Region, 2024 & 2034 (%)
- 5 Vehicle Armour Materials Market Analysis by End-User
- 5.1 Key Findings
- 5.2 End-User Segment: Market Attractiveness Index
- 5.3 Vehicle Armour Materials Market Size Estimation and Forecast by End-User
- 5.4 Military and Defence
- 5.4.1 Market Size by Region, 2024-2034 (US$ Billion)
- 5.4.2 Market Share by Region, 2024 & 2034 (%)
- 5.5 Law Enforcement
- 5.5.1 Market Size by Region, 2024-2034 (US$ Billion)
- 5.5.2 Market Share by Region, 2024 & 2034 (%)
- 5.6 Commercial Security
- 5.6.1 Market Size by Region, 2024-2034 (US$ Billion)
- 5.6.2 Market Share by Region, 2024 & 2034 (%)
- 5.7 Other End-Users
- 5.7.1 Market Size by Region, 2024-2034 (US$ Billion)
- 5.7.2 Market Share by Region, 2024 & 2034 (%)
- 6 Vehicle Armour Materials Market Analysis by Vehicle Type
- 6.1 Key Findings
- 6.2 Vehicle Type Segment: Market Attractiveness Index
- 6.3 Vehicle Armour Materials Market Size Estimation and Forecast by Vehicle Type
- 6.4 Armoured Personnel Carriers (APCs)
- 6.4.1 Market Size by Region, 2024-2034 (US$ Billion)
- 6.4.2 Market Share by Region, 2024 & 2034 (%)
- 6.5 Main Battle Tanks (MBTs)
- 6.5.1 Market Size by Region, 2024-2034 (US$ Billion)
- 6.5.2 Market Share by Region, 2024 & 2034 (%)
- 6.6 Infantry Fighting Vehicles (IFVs)
- 6.6.1 Market Size by Region, 2024-2034 (US$ Billion)
- 6.6.2 Market Share by Region, 2024 & 2034 (%)
- 6.7 Light Utility Vehicles (LUVs)
- 6.7.1 Market Size by Region, 2024-2034 (US$ Billion)
- 6.7.2 Market Share by Region, 2024 & 2034 (%)
- 6.8 Military Trucks and Transport Vehicles
- 6.8.1 Market Size by Region, 2024-2034 (US$ Billion)
- 6.8.2 Market Share by Region, 2024 & 2034 (%)
- 7 Vehicle Armour Materials Market Analysis by Type
- 7.1 Key Findings
- 7.2 Type Segment: Market Attractiveness Index
- 7.3 Vehicle Armour Materials Market Size Estimation and Forecast by Type
- 7.4 Steel
- 7.4.1 Market Size by Region, 2024-2034 (US$ Billion)
- 7.4.2 Market Share by Region, 2024 & 2034 (%)
- 7.5 Composite Materials
- 7.5.1 Market Size by Region, 2024-2034 (US$ Billion)
- 7.5.2 Market Share by Region, 2024 & 2034 (%)
- 7.6 Ceramic Materials
- 7.6.1 Market Size by Region, 2024-2034 (US$ Billion)
- 7.6.2 Market Share by Region, 2024 & 2034 (%)
- 7.7 Aramid Fiber
- 7.7.1 Market Size by Region, 2024-2034 (US$ Billion)
- 7.7.2 Market Share by Region, 2024 & 2034 (%)
- 7.8 Glass Reinforced Plastic (GRP)
- 7.8.1 Market Size by Region, 2024-2034 (US$ Billion)
- 7.8.2 Market Share by Region, 2024 & 2034 (%)
- 7.9 Other Types
- 7.9.1 Market Size by Region, 2024-2034 (US$ Billion)
- 7.9.2 Market Share by Region, 2024 & 2034 (%)
- 8 Vehicle Armour Materials Market Analysis by Region
- 8.1 Key Findings
- 8.2 Regional Market Size Estimation and Forecast
- 9 North America Vehicle Armour Materials Market Analysis
- 9.1 Key Findings
- 9.2 North America Vehicle Armour Materials Market Attractiveness Index
- 9.3 North America Vehicle Armour Materials Market by Country, 2024, 2029 & 2034 (US$ Billion)
- 9.4 North America Vehicle Armour Materials Market Size Estimation and Forecast
- 9.5 North America Vehicle Armour Materials Market Size Estimation and Forecast by Country
- 9.6 North America Vehicle Armour Materials Market Size Estimation and Forecast by Armour Type
- 9.7 North America Vehicle Armour Materials Market Size Estimation and Forecast by End-User
- 9.8 North America Vehicle Armour Materials Market Size Estimation and Forecast by Vehicle Type
- 9.9 North America Vehicle Armour Materials Market Size Estimation and Forecast by Type
- 9.10 U.S. Vehicle Armour Materials Market Analysis
- 9.11 Canada Vehicle Armour Materials Market Analysis
- 10 Europe Vehicle Armour Materials Market Analysis
- 10.1 Key Findings
- 10.2 Europe Vehicle Armour Materials Market Attractiveness Index
- 10.3 Europe Vehicle Armour Materials Market by Country, 2024, 2029 & 2034 (US$ Billion)
- 10.4 Europe Vehicle Armour Materials Market Size Estimation and Forecast
- 10.5 Europe Vehicle Armour Materials Market Size Estimation and Forecast by Country
- 10.6 Europe Vehicle Armour Materials Market Size Estimation and Forecast by Armour Type
- 10.7 Europe Vehicle Armour Materials Market Size Estimation and Forecast by End-User
- 10.8 Europe Vehicle Armour Materials Market Size Estimation and Forecast by Vehicle Type
- 10.9 Europe Vehicle Armour Materials Market Size Estimation and Forecast by Type
- 10.10 Germany Vehicle Armour Materials Market Analysis
- 10.11 UK Vehicle Armour Materials Market Analysis
- 10.12 France Vehicle Armour Materials Market Analysis
- 10.13 Italy Vehicle Armour Materials Market Analysis
- 10.14 Russia Vehicle Armour Materials Market Analysis
- 10.15 Rest of Europe Vehicle Armour Materials Market Analysis
- 11 Asia-Pacific Vehicle Armour Materials Market Analysis
- 11.1 Key Findings
- 11.2 Asia-Pacific Vehicle Armour Materials Market Attractiveness Index
- 11.3 Asia-Pacific Vehicle Armour Materials Market by Country, 2024, 2029 & 2034 (US$ Billion)
- 11.4 Asia-Pacific Vehicle Armour Materials Market Size Estimation and Forecast
- 11.5 Asia-Pacific Vehicle Armour Materials Market Size Estimation and Forecast by Country
- 11.6 Asia-Pacific Vehicle Armour Materials Market Size Estimation and Forecast by Armour Type
- 11.7 Asia-Pacific Vehicle Armour Materials Market Size Estimation and Forecast by End-User
- 11.8 Asia-Pacific Vehicle Armour Materials Market Size Estimation and Forecast by Vehicle Type
- 11.9 Asia-Pacific Vehicle Armour Materials Market Size Estimation and Forecast by Type
- 11.10 China Vehicle Armour Materials Market Analysis
- 11.11 India Vehicle Armour Materials Market Analysis
- 11.12 Japan Vehicle Armour Materials Market Analysis
- 11.13 South Korea Vehicle Armour Materials Market Analysis
- 11.14 Australia Vehicle Armour Materials Market Analysis
- 11.15 Rest of Asia-Pacific Vehicle Armour Materials Market Analysis
- 12 Middle East and Africa Vehicle Armour Materials Market Analysis
- 12.1 Key Findings
- 12.2 Middle East and Africa Vehicle Armour Materials Market Attractiveness Index
- 12.3 Middle East and Africa Vehicle Armour Materials Market by Country, 2024, 2029 & 2034 (US$ Billion)
- 12.4 Middle East and Africa Vehicle Armour Materials Market Size Estimation and Forecast
- 12.5 Middle East and Africa Vehicle Armour Materials Market Size Estimation and Forecast by Country
- 12.6 Middle East and Africa Vehicle Armour Materials Market Size Estimation and Forecast by Armour Type
- 12.7 Middle East and Africa Vehicle Armour Materials Market Size Estimation and Forecast by End-User
- 12.8 Middle East and Africa Vehicle Armour Materials Market Size Estimation and Forecast by Vehicle Type
- 12.9 Middle East and Africa Vehicle Armour Materials Market Size Estimation and Forecast by Type
- 12.10 GCC Vehicle Armour Materials Market Analysis
- 12.11 South Africa Vehicle Armour Materials Market Analysis
- 12.12 Rest of Middle East & Africa Vehicle Armour Materials Market Analysis
- 13 Latin America Vehicle Armour Materials Market Analysis
- 13.1 Key Findings
- 13.2 Latin America Vehicle Armour Materials Market Attractiveness Index
- 13.3 Latin America Vehicle Armour Materials Market by Country, 2024, 2029 & 2034 (US$ Billion)
- 13.4 Latin America Vehicle Armour Materials Market Size Estimation and Forecast
- 13.5 Latin America Vehicle Armour Materials Market Size Estimation and Forecast by Country
- 13.6 Latin America Vehicle Armour Materials Market Size Estimation and Forecast by Armour Type
- 13.7 Latin America Vehicle Armour Materials Market Size Estimation and Forecast by End-User
- 13.8 Latin America Vehicle Armour Materials Market Size Estimation and Forecast by Vehicle Type
- 13.9 Latin America Vehicle Armour Materials Market Size Estimation and Forecast by Type
- 13.10 Brazil Vehicle Armour Materials Market Analysis
- 13.11 Mexico Vehicle Armour Materials Market Analysis
- 13.12 Rest of Latin America Vehicle Armour Materials Market Analysis
- 14 Company Profiles
- 14.1 Competitive Landscape, 2022
- 14.2 Strategic Outlook
- 14.3 DuPont de Nemours, Inc.,
- 14.3.1 Company Snapshot
- 14.3.2 Company Overview
- 14.3.3 Financial Analysis
- 14.3.3.1 Net Revenue, 2019-2023
- 14.3.3.2 R&D, 2019-2023
- 14.3.3.3 Regional Revenue Share, 2023 (%)
- 14.3.3.4 Business Segment Revenue Share, 2023 (%)
- 14.3.4 Product Benchmarking
- 14.3.5 Strategic Outlook
- 14.4 ATI Inc.
- 14.4.1 Company Snapshot
- 14.4.2 Company Overview
- 14.4.3 Financial Analysis
- 14.4.3.1 Net Revenue, 2019-2023
- 14.4.3.2 R&D, 2019-2023
- 14.4.3.3 Regional Revenue Share, 2023 (%)
- 14.4.3.4 Business Segment Revenue Share, 2023 (%)
- 14.4.4 Product Benchmarking
- 14.4.5 Strategic Outlook
- 14.5 Honeywell International Inc
- 14.5.1 Company Snapshot
- 14.5.2 Company Overview
- 14.5.3 Financial Analysis
- 14.5.3.1 Net Revenue, 2019-2023
- 14.5.3.2 R&D, 2019-2023
- 14.5.3.3 Regional Revenue Share, 2023 (%)
- 14.5.3.4 Business Segment Revenue Share, 2023 (%)
- 14.5.4 Product Benchmarking
- 14.6 Teijin Limited
- 14.6.1 Company Snapshot
- 14.6.2 Company Overview
- 14.6.3 Financial Analysis
- 14.6.3.1 Net Revenue, 2019-2023
- 14.6.3.2 R&D, 2019-2023
- 14.6.3.3 Regional Revenue Share, 2023 (%)
- 14.6.3.4 Business Segment Revenue Share, 2023 (%)
- 14.6.4 Product Benchmarking
- 14.7 Alcoa Corporation
- 14.7.1 Company Snapshot
- 14.7.2 Company Overview
- 14.7.3 Financial Analysis
- 14.7.3.1 Net Revenue, 2019-2023
- 14.7.3.2 R&D, 2019-2023
- 14.7.3.3 Regional Revenue Share, 2023 (%)
- 14.7.3.4 Business Segment Revenue Share, 2023 (%)
- 14.7.4 Product Benchmarking
- 14.7.5 Strategic Outlook
- 14.8 SSAB AB
- 14.8.1 Company Snapshot
- 14.8.2 Company Overview
- 14.8.3 Financial Analysis
- 14.8.3.1 Net Revenue, 2019-2023
- 14.8.3.2 Regional Revenue Share, 2023 (%)
- 14.8.3.3 Business Segment Revenue Share, 2023 (%)
- 14.8.4 Product Benchmarking
- 14.8.5 Strategic Outlook
- 14.9 Morgan Advanced Materials plc
- 14.9.1 Company Snapshot
- 14.9.2 Company Overview
- 14.9.3 Financial Analysis
- 14.9.3.1 Net Revenue, 2019-2023
- 14.9.3.2 Regional Revenue Share, 2023 (%)
- 14.9.3.3 Business Segment Revenue Share, 2023 (%)
- 14.9.4 Product Benchmarking
- 14.10 PPG Industries, Inc.
- 14.10.1 Company Snapshot
- 14.10.2 Company Overview
- 14.10.3 Financial Analysis
- 14.10.3.1 Net Revenue, 2019-2023
- 14.10.3.2 R&D, 2019-2023
- 14.10.3.3 Regional Revenue Share, 2023 (%)
- 14.10.3.4 Business Segment Revenue Share, 2023 (%)
- 14.10.4 Product Benchmarking
- 14.11 CoorsTek, Inc.
- 14.11.1 Company Snapshot
- 14.11.2 Company Overview
- 14.11.3 Product Benchmarking
- 14.11.4 Strategic Outlook
- 14.12 Cerco Corporation
- 14.12.1 Company Snapshot
- 14.12.2 Company Overview
- 14.12.3 Product Benchmarking
- 14.13 AGY Holding Corp
- 14.13.1 Company Snapshot
- 14.13.2 Company Overview
- 14.13.3 Product Benchmarking
- 14.14 Leeco Steel
- 14.14.1 Company Snapshot
- 14.14.2 Company Overview
- 14.14.3 Product Benchmarking
- 14.14.4 Strategic Outlook
- 14.15 Armourworks Enterprises, LLC
- 14.15.1 Company Snapshot
- 14.15.2 Company Overview
- 14.15.3 Product Benchmarking
- 14.16 JPS Composite Materials
- 14.16.1 Company Snapshot
- 14.16.2 Company Overview
- 14.16.3 Product Benchmarking
- 14.17 CPS Technologies Corp
- 14.17.1 Company Snapshot
- 14.17.2 Company Overview
- 14.17.3 Financial Analysis
- 14.17.3.1 Net Revenue, 2019-2023
- 14.17.4 Product Benchmarking
- 14.17.5 Strategic Outlook
- 15 Conclusion and Recommendations
- 15.1 Concluding Remarks from Visiongain
- 15.2 Recommendations for Market Players
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.