Advanced Protective Gear and Armor Market Analysis of Rising Business Opportunities with Prominent Investment Ratio by 2030

According to a recent report published by Allied Market Research, titled, "Advanced Protective Gear and Armor Market by End-use Industry, User, and Type: Global Opportunity Analysis and Industry Forecast, 2021-2030,"

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 - https://www.alliedmarketresearch.com/request-sample/12740

Various nations across the globe are providing advanced protective gear and armor to frontline workers to ensure their safety and improve the efficiency of their operations. Advanced protective gears are made from lighter and tougher materials, and improve the comfort and safety of individuals working in risk-prone environments. In March 2019, Odisha's (Indian state) fire service decided to procure enough quantity of fire entry suits to allow firemen to walk into the blaze and perform rescue operations. Similarly, in July 2020, the Naval Sea Systems Command's (NAVSEA) gave TenCate a N61331-20-D-0011 contract as an ID/IQ (Indefinite Delivery/Indefinite Quantity) to deliver maritime buoyant body armor (MBP), both in side and torso configurations.

Drivers, restraints, and opportunities

Rise in terrorist activities and warfare situations across the world and strict laws & regulations about work environment safety have boosted the growth of the global advanced protective gear and armor market. However, low safety compliance in the construction industry and availability of poor quality and low-cost products hinder the market growth. On the contrary, surge in military expenditure to acquire body armor and technological advancements in protective gear and armor products are expected to open new opportunities for the market players in the future.

Asia-Pacific dominates the market, in terms of revenue, followed by North America, Europe, and LAMEA. China dominated the global advanced protective gear and armor market share in Asia-Pacific in 2020, owing to increase in R&D activities, technological developments by big players, and rapid adoption of innovative technologies in making safer, convenient, and smart protective gear and armors. Asia-Pacific is expected to grow at a significant rate during the forecast period, owing to rise in investments to ensure high safety of industrial workers across various countries in the region.

𝗜𝗻𝘁𝗲𝗿𝗲𝘀𝘁𝗲𝗱 𝘁𝗼 𝗣𝗿𝗼𝗰𝘂𝗿𝗲 𝘁𝗵𝗲 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁? 𝗜𝗻𝗾𝘂𝗶𝗿𝗲 𝗕𝗲𝗳𝗼𝗿𝗲 𝗕𝘂𝘆𝗶𝗻𝗴 - https://www.alliedmarketresearch.com/purchase-enquiry/12740

By end-use industry, the advanced protective gear and armor market is categorized into industrial, oil & gas, law enforcement, healthcare, construction, and other. The oil & gas segment accounted for the highest revenue in 2020, owing to high demand for advanced protective gear in the huge oil & gas industry present across various parts of the globe.

By type, the advanced protective gear and armor market is bifurcated into thermal, chemical or biological, ballistic, and other. The chemical or biological segment accounted for the highest revenue in 2020, owing to possibility of different kinds of injuries involved in the chemical or biological industry verticals.

Increasing terrorist activities and warfare situations around the globe and stringent laws & regulations regarding work environment safety are expected to drive the advanced protective gear and armor market during the forecast period. However, the supply of poor quality, low-cost products and low safety compliance in the construction industry are anticipated to hamper the growth of the market. Moreover, rise in military expenditure to acquire body armor and technological advancements in protective gear and armor products are expected to offer lucrative opportunities in future.

Major market players

ArmorSource LLC
BAE Systems plc
Avon Rubber P.L.C.
DuPont De Nemours, Inc.
Bolle Safety Standard Issue
Honeywell International Inc.
Galls, LLC
Northrop Grumman Corporation
MSA Safety Incorporated
Point Black Enterprises Inc.

𝗣𝗿𝗼𝗰𝘂𝗿𝗲 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 (290 𝗣𝗮𝗴𝗲𝘀 𝗣𝗗𝗙 𝘄𝗶𝘁𝗵 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀, 𝗖𝗵𝗮𝗿𝘁𝘀, 𝗧𝗮𝗯𝗹𝗲𝘀, 𝗙𝗶𝗴𝘂𝗿𝗲𝘀) 𝗮𝘁: https://www.alliedmarketresearch.com/advanced-protective-gear-and-armor-market/purchase-options

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com

Web: www.alliedmarketresearch.com

Allied Market Research Blog: https://blog.alliedmarketresearch.com

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.