Ceramic Armor Market is expected to reach US$ 3,273.35 Mn in 2027

by Sameer Joshi or 26-Feb-2021
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Report : Ceramic Armor Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Material Type (Alumina, Boron Carbide, Silicon Carbide, Ceramic Matrix Composite and Others); and Application (Body Armor, Aircraft Armor, Marine Armor, Vehicle Armor and Others)

The scope of the “Global Ceramic Armor Market Forecast t2027 – Analysis and Forecast by segments and Geography” study involves understanding the factors governing the growth of the ceramic armor market, estimating and forecasting the market revenue, and conducting the market share analysis, along with spotting significant market players with their key developments.
 
The global ceramic armor market was valued at US$ 1,911.26 million in 2019 and is projected treach US$ 3,273.35 million by 2027; it is expected tgrow at a CAGR of 7.1% during 2020–2027. Ceramic armor has been the material of choice for the production of safety armors. 

Ceramic armors are widely utilized in body armor, aircraft armor, marine armor, vehicle armor, and son. They are lightweight and highly flexibility, which has been one of the key factors driving their demand. The increasing spending by various countries on the security of their military forces has been another factor contributing tthe expansion of the ceramic armor market across the world. Furthermore, various governments are supporting numerous R&D plans for further development for the applications of ceramic armors.
  
Based on material type, the ceramic armor material market is segmented intalumina, boron carbide, silicon carbide, ceramic matrix composite, and others; in 2019, the alumina segment dominated the market. Alumina, i.e., aluminum oxide (Al2O3), is produced from bauxite, an ore mined from topsoil in various tropical and subtropical regions. Alumina provides the best cost-benefit ratiamong advanced ceramic; it features high refractoriness and high elasticity modulus as well as hardness at relatively lower costs. In armor structures, ceramic are normally backed by metal plates, with or without a composite layer sandwiched between them. Alumina is used in lightweight body armor, and it is alsconsidered a vital ceramic fiber material, mainly in the manufacturing of ballistic protection materials. The ceramic plates inserted in soft ballistic vests deflect bullets by pushing it out with the same force. The low cost of ballistic ceramic materials such as alumina makes it ideal for use in automobiles. Military vehicles were traditionally manufactured with the help of armor plate steel, which is now replaced by ceramic composites.
 
In terms of region, the global ceramic armor material market is segmented intNorth America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America. North America held the largest share of the market in 2019, followed by Europe and Asia Pacific. North America is home ta few of the major players of ceramic armor material, such as 3M and BAE Systems.
 
By Material Type
  • Alumina
  • Boron Carbide
  • Silicon Carbide
  • Ceramic Matrix Composite
  • Others
By Application
  • Body Armor
  • Aircraft Armor
  • Marine Armor
  • Vehicle Armor
  • Others
By Geography
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)
    • Australia
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Middle East  and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA
  • South America
    • Brazil
    • Argentina
    • Rest of South America
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