Global Military Personal Protective Equipment Market is valued approximately at USD XX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2020-2027. Military personal protective equipment is an essential component of the combat supplies used to defend personnel which contains defensive body armor, uniform collections, footwear covers, hats, and helmets, and other products. Army personal protection equipment were primarily equipped to shield military forces against environmental and biological threats in battle scenarios. Rising focus of defense agencies to ensure soldier safety and security along with increased spending on military activities is projected to drive demand over the forecast period. The U.S. is one of the major markets for the personal protective equipment military and was the world’s biggest defense spender in 2019, accounting for USD 732 billion in investment, accounting for 38% of global military expenditures, according to Statista. The dynamics of the conflict has shifted greatly over the last decade. There has been an immediate need to provide fighters with sufficient and specialized assistance, as well as to monitor any collateral harm at the same time. With the rise in peacekeeping and anti-extremist operations worldwide, there has been a parallel growth in the production of personal protection equipment in different countries. With the evolving nature of the battle, most countries across the globe have built or are implementing such programs for their military forces. The growing government procurement of military personal protection equipment from a variety of companies is also anticipated to play a key role in the development of the global sector. Moreover, investment from government entities in Eastern and Central Europe is projected to increase dramatically, which, in turn, would fuel the demand for military personal protection equipment throughout the forecast era. However, one of the main challenges to the world economy is the fall in security expenditures among developing economies. However, military modernization projects are supposed to create attractive prospects for the global sector.
The regional analysis of global Military Personal Protective Equipment Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. The government procurement of military personal security equipment from a range of firms is also expected to play a key role in the growth of the global market. Moreover, spending by government agencies in Eastern and Central Europe is expected to rise significantly, which, in turn, will boost demand for military personal protective equipment in the forecasting period. However, the decrease in defense spending by developed economies is one of the major challenges facing the world economy. However, military modernization programs are planned to establish lucrative opportunities for the global market.
Major market player included in this report are:
Avon Protection Systems, Inc.
Ballistic Body Armor Pty
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Advanced Combat Helmet (ACH)
Pelvic Protection Systems (PPS)
Life Safety Jacket
Body Armor (BA)
Improved Outer Tactical Vest (IOTV)
Military Combat Eye Protection (MCEP)
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Military Personal Protective Equipment Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers