Global Military Personal Protective Equipment Market Size & Outlook
Global military personal protective equipment market, 2016-2028 (US$M)
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Global military personal protective equipment market highlights
- The global military personal protective equipment market generated a revenue of USD 12,024.5 million in 2019 and is expected to reach USD 23,552.6 million by 2028.
- The market is expected to grow at a CAGR (2020 - 2028) of 7.8% by 2028.
- In terms of segment, body armor accounted for a revenue of USD 2,492.0 million in 2019.
- Respiratory Protection is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2019.
- Country-wise, Germany is expected to register the highest CAGR from 2020 to 2028.
Global data book summary
| Market revenue in 2019 | USD 12,024.5 million |
| Market revenue in 2028 | USD 23,552.6 million |
| Growth rate | 7.8% (CAGR from 2019 to 2028) |
| Largest segment | Body armor |
| Fastest growing segment | Respiratory Protection |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Body Armor, Tactical Vest, Eye Protection, Combat Helmet, Life Safety Jacket, Pelvic Protection, Respiratory Protection, Other |
Other key industry trends
- In terms of revenue, the North America accounted for 35.8% of the global military personal protective equipment market in 2019.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
- By country, Germany is the fastest growing regional market and is projected to reach USD 595.1 million by 2028.
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Military Personal Protective Equipment Market Scope
Military Personal Protective Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global military personal protective equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to military personal protective equipment market will help companies and investors design strategic landscapes.
Body armor was the largest segment with a revenue share of 20.72% in 2019. Horizon Databook has segmented the Global military personal protective equipment market based on body armor, tactical vest, eye protection, combat helmet, life safety jacket, pelvic protection, respiratory protection, other covering the revenue growth of each sub-segment from 2016 to 2028.
- Global Military Personal Protective Equipment Product Outlook (Revenue, USD Million, 2016-2028)
- Body Armor
- Tactical Vest
- Eye Protection
- Combat Helmet
- Life Safety Jacket
- Pelvic Protection
- Respiratory Protection
- Other
- Global Military Personal Protective Equipment End Use Outlook (Revenue, USD Million, 2016-2028)
- Army
- Navy
- Air Force
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Target buyers of Global military personal protective equipment market databook
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Our clientele includes a mix of military personal protective equipment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global military personal protective equipment market , including forecasts for subscribers. This global databook contains high-level insights into Global military personal protective equipment market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Global military personal protective equipment market size, by regions, 2016-2028 (US$M)
Top 10 countries: Military personal protective equipment market size, 2019 (US$M)
Global military personal protective equipment market share, by product, 2019 & 2028 (%, US$M)
Military personal protective equipment market: Opportunity assessment by country
Global military personal protective equipment market, by region, 2019 (US$M)
| Product | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 3,627.6 | 3,824.1 | 4,033.2 | 4,302.1 | 4,853.8 | 5,440.7 | 5,682.2 | 6,034.0 | 6,471.6 | 6,939.7 | 7,439.6 | 7,974.5 | 8,547.5 | 7.9% |
| Europe | 2,355.5 | 2,466.5 | 2,585.4 | 2,740.8 | 3,042.6 | 3,383.2 | 3,513.5 | 3,713.9 | 3,954.3 | 4,212.9 | 4,488.7 | 4,784.4 | 5,101.0 | 7.2% |
| Asia Pacific | 2,805.3 | 2,969.2 | 3,144.5 | 3,367.6 | 3,778.2 | 4,217.1 | 4,421.9 | 4,720.7 | 5,075.6 | 5,461.5 | 5,878.5 | 6,322.0 | 6,801.1 | 8.1% |
| Latin America | 626.0 | 661.2 | 698.8 | 746.8 | 832.6 | 924.4 | 965.7 | 1,025.4 | 1,097.9 | 1,176.4 | 1,260.2 | 1,350.0 | 1,446.6 | 7.6% |
| MEA | 745.5 | 781.0 | 818.2 | 867.2 | 963.9 | 1,073.2 | 1,119.2 | 1,186.0 | 1,266.7 | 1,352.8 | 1,445.5 | 1,548.3 | 1,656.5 | 7.5% |
| Overall | 10,160.0 | 10,702.1 | 11,280.0 | 12,024.4 | 13,471.1 | 15,038.5 | 15,702.5 | 16,680.0 | 17,866.1 | 19,143.3 | 20,512.5 | 21,979.2 | 23,552.7 | 7.8% |
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