The report "Ceramic Armor Market 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 Region - Global Forecast to 2024" The ceramic armor market size is estimated to grow from USD 1.8 billion in 2019 to USD 2.6 billion by 2024, at a CAGR of 7.8% during the forecast period. The ceramic armor market is witnessing significant growth because of the growing demand from applications such as body armor, vehicle armor, and aircraft armor.
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Recent Developments
- In November 2017, Koninklijke Ten Cate BV developed the world’s first body armor plate system, TenCate Multi-light CXP461lC, which can resist different threat levels. The product can accommodate two modular add on plates to enhance the protection level. The product is 25% lighter than the currently marketed plates.
- In October 2017, Koninklijke Ten Cate BV introduced the TenCate Cratus hard body armor for military, law enforcement, and federal agency requirements.
On the basis of material type, the ceramic armor market has been segmented as follows:
- Silicon Carbide
- Alumina
- Boron Carbide
- Ceramic Matrix Composite
- Others (Titanium Boride, Aluminium Nitride)
On the basis of application, the ceramic armor market has been segmented as follows:
- Body armor
- Aircraft Armor
- Vehicle Armor
- Marine Armor
- Others (Civilians; Bank, Offices, Personal Cars)
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Key Questions Addressed by the Report
- What are the major end-use industries of ceramic armor?
- Which industry is the major consumer of ceramic armor?
- Which region is the largest and fastest-growing market for ceramic armor?
- What are the major types of ceramic armor?
- What are the major strategies adopted by leading market players?
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