The global advanced protective gear and armor market is expected to grow over the next seven years, on account of increasing terrorist activities and warfare situations around the globe. The protective gear market is a niche segment and it is influenced by homeland security requirements and warfighter demands. Rising security requirements have increased demand for first responder personnel which in turn is expected to have a positive impact on product demand. Stringent laws & regulations regarding work environment safety along with increasing concern towards employee protection in industries are also expected to fuel the advanced protective gear & armor market growth. Rapid industrialization in developed, as well as developing countries, is expected to increase the product demand for industrial protective equipment. Chemical protective gloves, garments, suits, and equipment are utilized in industrial applications.
Body armor forms an integral part of any military personnel’s equipment and troop safety remains the priority of any armed force. Developed and developing countries of the world such as the U.S., Germany, China, and India have set aside a large part of their budget for defense expenditures, to maintain their position and reputation. Gears can also be used for biological protection. Body and vehicular armor, and bullet-resistant suits are required in law enforcement and military applications. Increasing cross-border conflicts such as between US & Iran, India & Pakistan, India & China, and Israel & Palestine are anticipated to drive product demand. Threats to internal national security such as the attack on the twin towers, the Mumbai attack, and the Moscow attack have increased the need to empower internal security forces. These factors are expected to drive the advanced protective gear and armor market over the forecast period.
Standards set by military personnel and environment regulatory authorities are expected to hamper protective gear and armor market growth over the forecast period. Production of women's armor and gear is expected to act as an opportunity for industry participants over the coming seven years. Production of lightweight gears and armors that would be comfortable to wear for soldiers and workers working in the industries is expected to pose challenges to market players in the protective gear & armor market over the forecast period.
Protective gear and armor can be segmented into thermal protective gear, ancillary components, armor & bullet resistant equipment, and other biological and chemical materials. Ancillary components consist of heads, gloves, and respirators and this segment accounts for most of the market share. Regional segmentation includes geographic areas such as North America, Asia Pacific, Europe, Middle East, and Africa.
North America accounts for the highest demand being the world’s largest military force and is also expected to witness high demand over the forecast period on account of increasing cross-border tensions. Europe is also anticipated to display a significant amount of product demand over the forecast period, due to increasing awareness amongst workers regarding safety in industries. Asia Pacific is also expected to witness significant demand, due to rising terrorist activities in India and Pakistan. Increasing cross-border tensions between India, China, and Pakistan are also expected to fuel the advanced protective gear and armor market growth.
Extensive R&D activities to explore new materials and products, so as to meet standards set by government and law enforcement authorities are expected to provide new opportunities. R&D activities are also being conducted to develop a new production process to bring down the production cost of the product. Technological advancements in weapons have increased the need for advanced armors and protective equipment. Promotional activities are being carried out to penetrate into low penetrated markets such as the Middle East and Africa.
Major players operating in the advanced protective gear and armor market include Mine Safety Appliances Company, BAE Systems, Defence Industries International, Ballistic Body Armour, Alliant Techsystems Inc., and Ceradyne.