MILITARY BODY AMOUR & PERSONAL PROTECTIVE EQUIPMENT (PPE) MARKET TO BE WORTH 4900.2M IN 2013

Tuesday 5 November 2013, Amsterdam

Military body armour and personal protection equipment (PPE) has become a vital element of troop equipment. However, new research from independent business intelligence organisation suggests that the recent boom in spending is likely to cause the body armour bubble to burst.

These findings are published in the latest report, Military Body Armour & Personal Protective Equipment (PPE) Market 2013-2023, which warns of decline in traditionally strong markets of the US and Western European nations, although rapidly modernising militaries such as India and China are expected to sustain market demand in the future. The increasing necessity to protect ground troops from unconventional war tactics such as IED utility requires armed forces to increase investment in advanced military body armour and personal protection equipment technology.

The question is, is the military body armour and personal protection equipment market really bulletproof?

The Military Body Armour & Personal Protective Equipment (PPE) Market 2013-2023 report finds substantial and steadily increasing spending in this area over the forecast period of 2013-2023.

The authors of this study assesses that global spending on military body armour and personal protection equipment will amount to $900.2m in 2013, or the start of the forecast period covered by this report. This 186 page report is packed with 165 tables, figures and charts that illustrate key trends in the military body armour and personal protection equipment market at the global level, 4 submarkets, and in 13 leading national markets. The report also details 125 significant military body armour and personal protection equipment (PPE) contracts from around the world, providing the ready with thorough market insight.

Military Body Armour & Personal Protective Equipment (PPE) Market 2013-2023 report will be of impressive value to current, and future, investors into the industry, as well as to companies and research centres who wish to broaden their knowledge of the body armour & personal protective equipment market.