August 10, 2009 - Vector Strategy Publishes Groundbreaking Report on the US Military Body Armor Industry
Vector Strategy is pleased to announce the publication of their groundbreaking report titled US Military Body Armor Industry: Forecast and Analysis. This report provides a comprehensive analysis of the US military body armor industry. The report provides a full description of major military body armor programs, including a history of the armor program, planned and anticipated upgrades, and publicly available armor design elements.
Future military body armor initiatives are discussed including new body armor components anticipated between now and 2015. Technologies which are forecasted to impact ballistic performance and body armor construction are also identified.
Forecasted procurement rates of body armor system components for 2000 to 2015 are reported in number of units and millions of dollars. Material requirements associated with body armor procurement are projected in weight (pounds), including ballistic fiber and ceramic tile requirements. Technology, geopolitical, and defense trends affecting the military body armor market are also discussed.
The report provides a presentation of the industry’s supply chain and a discussion of each segment within that supply chain including raw material suppliers, body armor integrators and manufacturers, and ballistic test laboratories.
An analysis of this magnitude has never been published before and the resources required to produce the report were significant. Vector Strategy employed subject matter experts in body armor, conducted over 100 in-person interviews, and analyzed substantial amounts of secondary research to develop this report.
This report is essential for business executives who are responsible for designing, manufacturing, and marketing military body armor and the raw materials used in the production of body armor such as composites, coatings, ballistic fibers and fabrics, ceramics, and other technologies utilized in body armor manufacturing. Additionally, this report serves as a vital tool for organizations involved in specifying, procuring, or testing military body armor.
According to Marcia Price, President of Vector Strategy, “This is the first time a research project of this scale has focused exclusively on the US Military Body Armor market and made research results available to the industry at large. Our clients are pleased to have this vital market intelligence which assists them in building business plans and making sound investment decisions.”
Information regarding the report is available at www.vector-strategy.com .
About Vector Strategy, Inc. Vector Strategy offers reports, publications, and other market research services to the military armor industry. Vector Strategy advises companies of technology trends, government procurement, market size and growth, industry players, supply chain issues, and other intelligence that business executives need to make informed decisions and build effective strategic plans.
For more information contact Marcia Price, Vector Strategy at 910-420-2208 or mprice@vector-strategy.com.
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