Pune, India -- (SBWIRE) -- 10/22/2018 -- Military Protection Glasses Market Overview

Market Research Future published a half-cooked research report on the global Military Protection Glasses market. The Military Protection Glasses market is estimated to register a CAGR of more than 14% during the forecast period of 2018 to 2023.

Protection glasses are made from multiple layers of tough glass with "interlayers" of various composite materials. With the modernization of warfare and increasing defense expenses, there has been an increase in the demand for cost-efficient, heat resistant, UV resistant, and shatter-proof military protection glasses. Therefore, military protection glasses sales are expected to rise significantly during the forecast period.

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The factors driving the growth of the market are militarization of law enforcement agencies of different countries and increasing applications of glasses in military. However, the scarcity of manufacturing facility for manufacturing of protection glasses is restricting their implementation.

Key Players

The key players in the military protection glasses market are:

- Honeywell International Inc. (U.S.)
- Saint-Gobain Sully (France)
- Morgan Advanced Materials Plc (U.K)
- Asahi Glass Co Ltd (Japan)
- Teijin Limited (Japan)
- DuPont (U.S.)
- Schott AG (Germany)
- PPG Industries Inc. (U.S.)
- Rheinmetall AG (Germany)
- Koninklijke Ten Cate BV (Netherlands)

Military Protection Glasses Market, by Segmentation and Geogrpahic Overview

By type, the market has been segmented into laser safety, bulletproof, fire resistant, ballistic protection, and others. The market for ballistic protection is expected to grow at highest rate during the forecast period. However, ballistic protection glasses are expensive to design, replace, and manufacture.

By material, the market has been segmented into glass fiber, sapphire, quartz, polycarbonate, and others. The polycarbonate segment of the market is expected to grow at the highest rate during the forecast period. Polycarbonate material is a good insulator and shatter-proof and has excellent properties of heat resistance and UV resistance.

By platform, the market has been segmented into armored vehicle, tank, soldier based, aircraft, and others. The armored vehicle segment of the market is expected to grow at the highest rate during the forecast period, owing to rise in asymmetric warfare. The factors such as increasing military expenditures by major economies, and increasing investments by governments for the modernization of military as well as law enforcement forces are propel the market growth.

The market in North America is expected to witness the highest growth during the forecast period. The U.S. is the largest customer of protection glasses and an increase in demand for armor in military applications are the major reasons for the high growth of this market. The increase procurement of armored vehicles in countries such as China, Japan, and India are expected to contribute to the growth of the regional market.

The military protection glasses market is estimated to witness a CAGR of more than 14% during the forecast period from 2018 to 2023.

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Scope Of Report

The report on the military protection glasses market by Market Research Future covers extensive primary research. This is accompanied by a detailed analysis of the qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the current market scenario, which includes the historical and forecast market size, in terms of value and volume, and the technological, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.

Table Of Contents

1 Executive Summary

2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objectives
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model

3 Market Landscape
3.1 Porter's Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends

Continued......

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