Global Advance Protective Armour Market Overview:
Enhancements in fibre technology are providing a steady increase in armour efficiency. There is development of lighter protective materials by using modern technology that are fashioned into a range of attire suited to the hazards of modern warfare. With the increase of terrorism and the use of powerful personal weapons by criminals, armour is now frequently worn by police, by private nonmilitary security forces, and even by noncombatants who might be targets of attack.
Growth Drivers
- Growing Awareness about the Importance of Workplace Safety
- Rising Demand for Multipurpose Equipment Worldwide
Market Trends
- Technological Advancement in Industrial Areas
Roadblocks
- Standards and Regulations Passed by Military Services
Opportunities
- Growing Demand from Emerging Economics such as China, India, among others
Challenges
- Issue related to High Price of Specialized Clothing
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail competitive advantage through combined synergies.
Some of the key players profiled in the report are 3M (United States), Dyneema (Netherlands), Royal TenCate (Netherlands), Teijin Aramid (Netherlands), BAE Systems (United States), Armor Source (United States), Innotex (United States), Ansell (Belgium), DuPont (United States) and Mine Safety Appliances Company (MSA) (United States). Additionally, following companies can also be profiled that are part of our coverage like Rheinmentall AG (Germany), Point Blank Enterprises (United States) and Survitec Group (United Kingdom). Analyst at AMA Research see Netherlands Manufacturers to retain maximum share of Global Advance Protective Armour market by 2025. Considering Market by Industry Vertical, the sub-segment i.e. Oil and Gas will boost the Advance Protective Armour market. Considering Market by Materials, the sub-segment i.e. Kevlar will boost the Advance Protective Armour market.
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Advance Protective Armour market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Advance Protective Armour market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Advance Protective Armour, Suppliers of Advance Protective Armour, Wholesalers, Distributors and Retailers of Advance Protective Armour, Raw Material Providers, Construction Industry, Chemical Industry and Governmental Bodies.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.