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Market for Advanced Protective Gear and Armor Forecast to Reach $4.5 Billion by 2012 - Report Buyer, the online destination for business intelligence, has added a new report showing that the U.S. market for advanced fire protective clothing, armor, biological/chemical protective clothing, and respirators, gloves
Market for Advanced Protective Gear and Armor Forecast to Reach $4.5 Billion by 2012

 

NewswireToday - /newswire/ - London, United Kingdom, 2007/11/07 - Report Buyer, the online destination for business intelligence, has added a new report showing that the U.S. market for advanced fire protective clothing, armor, biological/chemical protective clothing, and respirators, gloves.

   
 
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Report Buyer, has added a new report showing that the U.S. market for advanced fire protective clothing, armor, biological/chemical protective clothing, and respirators, gloves and other ancillary protective gear is expected to be worth $3.3 billion in 2007. This is expected to increase to over $4.5 billion by 2012, a compound average annual growth rate (CAGR) of 6.6%.

“Advanced Protective Gear and Armor” reports that the market is broken down into applications of hardware ancillary (respirators, gloves and head), armor and bullet resistant, fire protective and chemical/biological gear. Of these, ancillary gear accounts for nearly 60% of the protective gear and armor market. Valued at nearly $2 billion in 2007, this segment is expected to be worth $2.6 billion by 2012, a CAGR of 6%.

The study shows that the second largest segment, fire protective gear, was worth an estimated $492 million in 2007 and will reach $713 million by 2012. Body and vehicular armor is currently a $404 million sector that will be worth $644 million in 2012, a CAGR of 10%. The $397 million chemical/biological segment will reach $500 million by 2012.

Given that the need for some form of protective gear has been recognized and in use for hundreds of years, it would be easy to say that the protective gear market is maturing, but this is not true. Authors of the report say innovations in materials, hybrid designs, improved comfort, and safety levels continue to move the market forward along with the need and the perceived need for the products.

“Advanced Protective Gear and Armor” shows that advanced protective clothing and associated gear is an industry that plays a critical role in the protection of firemen, police officers, military personnel, and industrial workers. Concerns for general worker safety, including protection from death and disabling injuries and illnesses, as well as protection from the specific threats of chemicals, biological agents, fire, bullets, and fragmentation particles, result in an entire industry devoted to personal protective equipment and gear.

This equipment includes everything from chemical protective garments and suits to firefighters' turnout gear to industrial fire retardant garments to bullet-resistant vests to respirators. Military armor for vehicles and to a greater extent for personnel has become another advanced industry segment.

“Advanced Protective Gear and Armor” is available from Report Buyer. For more information visit the website.

Report Buyer product ID: BCC00156

About Report Buyer
Report Buyer (reportbuyer.com) is a UK-based independent online store supplying business information on major industry sectors. These include the Automotive Industry, Banking & Finance, Energy & Utilities, Food & Drink, Telecoms and Pharma & Healthcare. The website now carries over 40,000 business information products, including market reports, studies and books. Report Buyer is the intelligent way to buy market research making it an essential resource for executives and information buyers worldwide. Subscribers receive a free monthly newsletter and email alerts on new titles in their areas of interest. A regularly updated blog provides information on the latest market trends.

 
 
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Market for Advanced Protective Gear and Armor Forecast to Reach $4.5 Billion by 2012

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