US Market for Advanced Protective Armor, Including Ballistic Gear, To Reach $3 Billion by 2015
FARMINGTON, Conn., July 12, 2012 /PRNewswire-iReach/ — Global Information is pleased to announce the immediate availability of two significant new reports on the advanced protective gear and armor, and ballistic and ancillary protective gear markets:
Advanced Protective Gear and Armor
New research forecasts the US market for advanced protective gear and armor to climb more than 20% over the period 2010 to 2015, reaching as much as $3 billion by 2015. Protective apparel and associated gear are seeing strong growth in many sectors due to threats of terrorism and other related geopolitical events. This new study from BCC Research was written with the goal of tracking and predicting growth related to these events, as well as examining offsetting growth factors.
Despite the US and the world’s best efforts, terrorism is a becoming a fact of life, unlikely to be completely halted within the 5-year horizon of this report or any time in the foreseeable future. Natural fires, accidents, and arson, in both structural and wildland environs, will continue to pose a risk to first responders, as the recent wildfires in Colorado have reminded us. The numbers and types of toxic materials in the workplace will continue and increase. Greater protection will become necessary for our armed forces, first responders, and industrial workers, driving market demand.
A more comprehensive executive summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/bc196806-advanced-protective-gear-armor.html
Top Ten Companies in Ballistic and Ancillary Protective Gear
More new research from BCC projects the U.S. ballistic and ancillary protective gear market to reach $1.4 billion in 2012, and climb to $1.9 billion by 2017. The protective head gear sector within the U.S. will grow from reach $860 million to $1.1 billion over the same period, and ballistic body and vehicle armor and gear will rise from $587 million to $832 million in 2017.
The protective ballistic gear and armor markets remain fragmented, as segments of the protective gear and armor industry are designed to perform specific tasks and get rated to their specific effectiveness; “one-size-fits-all” solutions aren’t very practical. Within each of those segments are a variety of players – including government organizations – that create, develop and enforce regulations and standards, raw material suppliers, fiber and fabric manufacturers, mills and fabric producers, finished goods manufacturers, and suppliers and distributors, creating a complex supply chain.
This new research from BCC examines major equipment designers and suppliers, identifying the top 10 companies in the ballistic and blast protection market. Factors taken into account include technical innovations, market leadership and commitment to the market via investment in products. In selecting these top 10 companies, the researchers looked up and down the entire industry to select the most active and significant contributors, while still recognizing that there are other contenders in this very complex and multifaceted market. Some of these “runners up” are included in the analysis but receive less detailed examination than the top 10.
An Executive Summary of this analysis and a free sample of the full report are available at http://www.giiresearch.com/report/bc245911-top-ten-companies-ballistic-ancillary-protective.html
About Global Information Inc. Global Information (GII) (http://www.giiresearch.com) is an information service company partnering with over 300 research companies around the world. Global Information has been in the business of distributing technical and market research for more than 25 years. Expanded from its original headquarters in Japan, Global Information now has offices in Korea, Taiwan, Singapore, Europe and the United States.
Media Contact: Jeremy Palaia, Global Information, Inc., 1-860-674-8796, Press@gii.co.jp
News distributed by PR Newswire iReach: https://ireach.prnewswire.com
SOURCE Global Information, Inc.