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Market research analysts at Technavio predict that the global military lightweight armor systems market will grow steadily at a CAGR of more than 4% by 2021. This market research analysis identifies the increasing number of soldier modernization processes as one of the primary growth factors for the military lightweight armor systems market. The changing nature of modern warfare demands the restructuring of armed forces and the formation of small, efficient, and highly-deployable forces equipped with modern weapons and protection systems such as lightweight body armors. Countries around the globe are implementing soldier modernization programs focusing on swifter mobility, better control, greater lethality, longer sustainability, and higher survivability. The vendors in the market are also focusing on designing and developing a superior deployable combat system to mitigate the operational difficulties faced by soldiers.
Body armors are being integrated with electrical components that provide soldiers with situational awareness and connectivity for their constant interaction with command centers. Advancements in electronics has facilitated the integration of sensors, communication, and data gathering instruments in body armors that are being innovated into mission-centric, scalable, and modular armors. The vendors in this market are launching armors integrated with various components and accessories such as torches, night vision devices, global positioning system (GPS), and imaging and communication systems. The market analysis identifies this integration of electronic components as one of the key trends behind the growth of the lightweight armor systems market.
The military lightweight armor systems market is intensely competitive and fragmented due to the presence of several international and regional vendors. To attain competitive edge over their competitors, the vendors in this market offer a diverse product portfolio to keep up with the mission-specific requirement of the customers. The level of competition among the players will intensify in the coming years due to the increase in product and service extensions, technological innovations, and mergers and acquisitions.
The leading vendors in the market are -
The other prominent vendors in the market are AR500 ARMOUR, MKU, Revision Military, and Vestguard.
The partial body armor involves individual components made from different type of materials and provides protection to specific body parts. These components may be used collectively based on the mission requirements. Partial body armor consists of ballistic vests, safety helmets, knee caps, tactical gloves and boots and provide protection to the troops from sharp surfaces and debris.
The Americas is investing heavily in technological advancements and the development of lightweight and comfortable armor systems for its soldiers and police. The improved outer tactical vest (IOTV) technology will be incorporated into the various components of armor such as ballistic combat shirts, modular scalable vests, and integrated head protection systems.
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The upcoming research report on the global military light weight armor systems market is an integral part of the aerospace and defense industry. Technavio provides a large collection of research reports on the defense sector by gathering business intelligence data across various parameters. The upcoming research report on the global military light weight armor systems market helps the client monitor the demand-supply shifts in this industry by inspecting factors such as global sales, expected demand, potential growth, and geographic markets.
To understand the current market scenario, market research analysts at Technavio follow a mix of detailed primary and secondary research by analyzing factors such as the market size, growth potential, technological advancements, and product demand across geographic regions. Primary and secondary research is also conducted to gather data and insights from trusted sources such as consumers, vendors, suppliers, manufacturers, experts, and government agencies. Our market research reports also help clients make data driven decisions to ensure maximum return on investments.
The market report also covers vendors such as DuPont, Tencate, 3M, DFNDR, Vestguard, and AR500 Armor to provide a detailed competitive assessment of the market. The increasing focus on improving soldier protection and implementation of modernization programs is also expected to influence this market.
The upcoming research report on the global military light weight armor systems market also covers market potential, key drivers, emerging trends, and opportunities and challenges faced by the industry. The report also provides detailed market landscape of different geographic regions such as the Americas, APAC, and EMEA. The report also covers related markets such as general aviation, homeland security, and defense technology.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product type
PART 07: Market segmentation by geography
PART 08: Decision Framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Appendix
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