Global Military Personal Protective Equipment Market Report, published by Variant Market Research, forecast that the global market is expected to reach $24.5 Billion by 2024 from $14.8 Billion in 2016, growing at a CAGR of 6.5% from 2016 to 2024. By geography, Asia Pacific and Rest of the World (RoW) are expected to grow at a CAGR of 7.7% and 6.6%, respectively, during the forecast period.
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The factors increasing the adoption of military personal protective equipment include, rising cross border conflicts & terrorism, growing awareness of safety and security of military personals, and mounting investment to modernize armed forces. Additionally, growing need for light weight body armor and equipment for female military personals owing to increasing participation in armed forces would provide market opportunities during the forecast years.
The military personal protective equipment market is categorized into product, application, and geography. By product type, the market is segmented into life safety jacket, body armor (BA), advanced combat helmet (ACH), pelvic protection systems (PPS), improved outer tactical vest (IOTV), military combat eye protection (MCEP), and others. Among them, body armor (BA) and advanced combat helmet accounted for majority of the share in 2016. Furthermore, application segment is further classified into army, air force, navy, and others.
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By geography the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America accounted for the largest share followed by Europe, in 2016. Asia Pacific is the fastest growing region in the global military personal protective equipment market, and is expected to continue this trend due to conflict among countries such as India and Pakistan, and increasing terrorist activities.
The key market players include
• Gateway Safety, Inc.
• BAE Systems
• Eagle Industries Unlimited Inc.
• 3M Ceradyne
• Honeywell Advanced Fibres
• Composites
• Cigweld Pty Ltd.
• Lindstrom Group
• Uvex Safety Group
• DuPont
• Revision Military Inc.

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