ROCKVILLE, MD -- (Marketwire) -- 10/01/12 -- The global body armor and personal protection market is estimated to value US$1.5 billion in 2012 and to increase at a CAGR of 4.89% during the forecast period (2012-2022), reaching its peak of US$2.4 billion by 2022. The market consists of three categories of body armor and personal protection: Soft armor, Hard armor, and Protective headgear.
The US military is developing new body armor for female troops to provide them with increased protection on the battlefield. The new outfit is tailored specifically for the female form and consists of more curves in the chest and hips, shorter torsos, and narrower shoulders. It was concerns raised by female soldiers of the 101st Airborne Division about armor used while deployed to war in 2009 that prompted improvements.
One of the major areas of emphasis for armies across the world is reducing the weight of body armor and other personal protection equipment used by their troops in combat. Scientists are continuously looking at new materials and composites that offer enhanced protection with less weight. For example, the US Marine Corps is fielding a new helmet that offers 6% more fragmentation protection and the ability to stop 9 mm rounds. It weighs 3 pounds and is about a half-pound lighter than the previous Kevlar helmet.
Reducing the weight of soldier equipment without compromising protection and combat performance is a key challenge for the body armor and personal protection industry. Modernization of systems to protect and empower the soldier has resulted in an exponential increase in the total weight being carried. The combined weight of equipment prevents them from being agile, mobile, and effective war fighters, and the lives of soldiers are being put at risk as heavy life-saving equipment is often being left behind. Defense agencies worldwide are focusing on sourcing and integrating the most affordable, lightweight soldier equipment and technology to reduce the burden to personnel.
One of the major drivers of the body armor and personal protection market is the advent of various technological developments in the field. Recent years have witnessed a transformation in the market primarily by the increasing use of such equipment in the wars in Iraq, Afghanistan, Serbia, and Libya. Moreover, the recent nuclear proliferation being carried out by Iran has heightened military tensions between Iran, the US, and Israel. The possible conflict has resulted in the US spending heavily on getting its existing military equipment ready for battle, which in turn is driving the body armor and personal protection industry.
For more information, visit http://www.marketresearch.com/iCD-Research-v3849/Global-Body-Armor-Personal-Protection-7115761/
About ICD Research
ICD Research is a full-service global market research agency and premium business information brand specializing in industry analysis in a wide set of B2B and B2C markets. ICD Research has access to over 400 in-house analysts and journalists and a global media presence in over 30 professional markets enabling us to conduct unique and insightful research via our trusted business communities. Through its unique B2B and B2C research panels and access to key industry bodies, ICD Research delivers insightful and actionable analysis. The ICD Research survey capabilities grant readers access to the opinions and strategies of key business decision makers, industry experts and competitors as well as examining their actions surrounding business priorities.
About Strategic Defence Intelligence
Strategic Defence Intelligence's unique monitoring platform tracks global defence activity for over 2,500 companies and 65 product categories in real time and in a highly structured manner, giving a comprehensive and easily-searchable picture of all defence industry activity. The site features: daily updated analysis, comment and news, company and customer profiles, defence spending, tenders and contracts, product and technology intelligence, a research and analysis database providing access to industry and competitor reports to enable business and market planning, and fully customizable tools, including instant personalized report generation and custom alerts.
MarketResearch.com is the leading provider of global market intelligence products and services. With research reports from more than 720 top consulting and advisory firms, MarketResearch.com offers instant online access to the world's most extensive database of expert insights on global industries, companies, products, and trends. Moreover, MarketResearch.com's Research Specialists have in-depth knowledge of the publishers and the various types of reports in their respective industries and are ready to provide research assistance. For more information, call Cindy Frei at 240.747.3014 or visit http://www.marketresearch.com.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Most Popular Stories
- E.U. Puts Sanctions on Russia, Ukraine Officials
- Microsoft Releases Free OneNote for Mac
- Crimea Seeks Financial Integration With Russia
- Homebuilders Show Rising Confidence in Market
- Jack Daniel's Resists Changes to Tenn. Whiskey Law
- Obama Imposes Sanctions on Russian Officials
- Apple, HP, Intel May Take a Hit from Slowdown in Smartphone Sales Growth
- Ford Flies High on Speed
- Chile Shaken by Major Aftershock
- Cape Cod Solar Projects Re-energized