According to our latest market study on “Ceramic Armor Market Forecast to 2027 – COVID-19 Impact and Global Analysis –by Material Type (Alumina, Boron Carbide, Silicon Carbide, Ceramic Matrix Composite, and Others),; and Application (Body Armor, Aircraft Armor, Marine Armor, Vehicle Armor, and Others), and Geography,” the market was valued at US$ 1,911.26 million in 2019 and is projected to reach US$ 3,273.35 million by 2027; it is expected to grow at a CAGR of 7.1% during the forecast period. The report highlights key factors driving the market growth and prominent players, along with their developments, in the market.
Ceramic armor has been the best material of choice for the production of safety armors. It is generally used by armored vehicles. The lightweight property, coupled with its higher flexibility, has been one of the most important factors for the global expansion and growth of the ceramic armor market. The increasing spending capacity of various countries in terms of security for its military has been another factor contributing to the expansion of the ceramic armor market all over the globe. Various governments all over the globe have initiated numerous R&D plans for further development for the applications of ceramic armors. All these factors have contributed to the global expansion and further fuelled the demand for ceramic armors.
The global ceramic armor market was valued at US$ 1,911.26 million in 2019 and is projected to reach US$ 3,273.35 million by 2027; it is expected to grow at a CAGR of 7.1% during 2020–2027. Ceramic armor has been the material of choice for the production of safety armors.
Ceramic armors are widely utilized in body armor, aircraft armor, marine armor, vehicle armor, and so on. They are lightweight and highly flexibility, which has been one of the key factors driving their demand. The increasing spending by various countries on the security of their military forces has been another factor contributing to the expansion of the ceramic armor market across the world. Furthermore, various governments are supporting numerous R&D plans for further development for the applications of ceramic armors.
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Segmentation
Based on material type, the ceramic armor material market is segmented into alumina, boron carbide, silicon carbide, ceramic matrix composite, and others; in 2019, the alumina segment dominated the market. Alumina, i.e., aluminum oxide (Al2O3), is produced from bauxite, an ore mined from topsoil in various tropical and subtropical regions. Alumina provides the best cost-benefit ratio among advanced ceramic; it features high refractoriness and high elasticity modulus as well as hardness at relatively lower costs. In armor structures, ceramic are normally backed by metal plates, with or without a composite layer sandwiched between them. Alumina is used in lightweight body armor, and it is also considered a vital ceramic fiber material, mainly in the manufacturing of ballistic protection materials. The ceramic plates inserted in soft ballistic vests deflect bullets by pushing it out with the same force. The low cost of ballistic ceramic materials such as alumina makes it ideal for use in automobiles. Military vehicles were traditionally manufactured with the help of armor plate steel, which is now replaced by ceramic composites.
By Material Type
- Alumina
- Boron Carbide
- Silicon Carbide
- Ceramic Matrix Composite
- Others
By Application
- Body Armor
- Aircraft Armor
- Marine Armor
- Vehicle Armor
- Others
By Geography
- North America
- Europe
- Asia Pacific (APAC)
- Middle East and Africa (MEA)
- South and Central America
In terms of region, the global ceramic armor material market is segmented into North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America. North America held the largest share of the market in 2019, followed by Europe and Asia Pacific. North America is home to a few of the major players of ceramic armor material, such as 3M and BAE Systems.
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