Ceramic Armor Market Expected to Expand at a CAGR of 7.2% from 2018 to 2025.
Ceramic Armor Industry Overview The global ceramic armor market size was valued at USD 1.75 billion in 2017 and is expected to exhibit a CAGR of 7.2% from 2018 to 2025. Military modernization programs across the globe and focus on soldier survivability are key factors driving industry growth. Defense sectors across the globe invest heavily in novel armor materials such as ceramics, which provide superior ballistic performance. In the defense and security sector, ceramics form an integral part of modern armor systems. Their high usage is attributed to improved performance and comparatively lower weight during ballistic scale impacts. Growing threat of hard - tipped shield - piercing rounds and higher energy projectiles is likely to influence market demand. Gather more insights about the market drivers, restrains and growth of the Global Ceramic Armor Market Rise in military warfare is stimulating the need for ballistic protection systems for safeguarding military forces. Coun...