The North America Ceramic Armor market was valued at US$ 752.39 million in 2019 and is projected to reach US$ 1,296.25 million by 2027; it is expected to grow at a CAGR of 7.2% during 2018–2027.
Ceramic armor has been the best material of choice for the production of safety armors. It is generally used by armored vehicles. The high strength and superior hardness of the silicon carbide materials makes these armors resistant against rifle bullets; hence, it is gaining an increasing demand, which is bolstering the demand for ceramic armors in North America. The companies operating in the North America ceramic armor market are continuously enhancing the overall business processes to meet the customers demand in the best possible way. Moreover, several domestic and international companies are constantly working toward the innovations in new product developments of ceramic armor with improved characteristics and qualities.
Based on material type, the North America ceramic armor market is segmented into alumina, boron carbide, silicon carbide, ceramic matrix composite, and others. In 2019, the alumina segment dominated the market. By application, the market is segmented into body armor, aircraft armor, marine armor, vehicle armor, and others. The body armor segment accounted for the largest market share in 2019.
By country, the North America Ceramic Armor market is segmented into the US, Canada, and Mexico. The ceramic armor is extensively used in various applications such as the body armor, aircraft armor, marine armor, and vehicle armor. The US army has been moving to the use of Ceramic Armor as the ceramic plates in the armor have the potential of redistributing the kinetic energy of the bullet slowing it down to restrict the penetration of the bullet. The ceramic body armors are known for its lightweight and for the ease of mobility of the soldier wearing it. Recent tests and developments such as the spider silks and nanotubes are known to be even lighter than the Kevlar armors, which fuels the demand for Ceramic Armors in the US army and military.
3M; BAE Systems Plc.; Coorstek, Inc.; CeramTec GmbH; Morgan Advanced Materials Plc.; Koninklijke Ten Cate BV; Point Blank Enterprises, Inc; Safariland, LLC.; and Seyntex N.V. are among the players present in the North America Ceramic Armor market.
Overall size of the North America Ceramic Armor market has been derived in accordance to primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the North America Ceramic Armor market.
Impact of COVID-19 Pandemic on North America Ceramic Armor Market
The US has the highest number of COVID-19 confirmed cases as compared to Mexico and Canada. The outbreak is hindering the chemical and materials and ceramics armor industries in the region due to the restrictions on supply chain. In addition, the overall manufacturing processes, research, and development activities are impacting positively the market growth.