Market Overview:
The global driving armor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for full protection and half/partial protection driving armor from men and women across different regions. In addition, the increasing adoption of advanced technologies in the manufacturing of driving armor is also contributing to the growth of this market. Based on type, the global driving armor market can be segmented into full protection and half/partial protection. Full protection is expected to account for a larger share of this market than half/partial protection during the forecast period owing to its ability to provide complete safety against all types of threats while travelling in a car or motorcycle. Based on application, men are expected to account for a larger share of this market than women during the forecast period as they are more likely to be involved in accidents while travelling in cars or motorcycles.
Product Definition:
A type of armor that is worn while driving in order to protect the wearer from projectiles or debris that may be kicked up while driving. Driving armor is often made of Kevlar or other strong materials and can help protect the wearer from injuries such as cuts, bruises, and even serious head injuries.
Full Protection:
Full protection is a type of smartphone case that completely covers the phone. There are different types of full protection cases such as flip cover, bumper, and shield. The market for these products is expected to witness growth due to the increasing use of smartphones worldwide. A large number of consumers prefer purchasing full protection cases due to growing concerns over screen damage and high-cost repair bills.
Half/Partial Protection:
Half/Partial Protection is a type of damage control used in the armor industry. It's major application is to reduce the severity of injuries caused by low-velocity projectiles, such as bullets and shrapnel. The product works by absorbing or deflectioning energy from an attack, thereby reducing injury levels.
The global half/partial protection market size was valued at USD 4,631 million in 2016.
Application Insights:
Men application segment dominated the global driving armor market in 2017. The men drivers are more prone to suffer from injuries or accidents while driving as compared to women drivers. According to a survey, around 40% of all fatal accidents occur due to male driver error and negligence while 25% of all fatal accidents are caused by female driver error and negligence.
The women application segment is expected register the fastest CAGR over the forecast period owing to increasing number of road traffic crashes against females on roads globally. According double-decker buses have higher risk of being involved in a collision with another vehicle or hitting an object on roads, thus resulting in severe injuries for female passengers travelling below decks on these buses which has resulted in increase demand for protective gear among female drivers globally which is further anticipated drive demand armor suits among them during future years.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of prominent automotive manufacturers. The region is expected to maintain its dominance over the forecast period due to increasing demand for high-end vehicles with enhanced safety features. Europe accounted for a significant share of revenue in 2017, which can be attributed to stringent regulations regarding road safety and protection from injuries caused by vehicle accidents.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing rising disposable income and changing consumer preferences toward luxury vehicles with enhanced safety features, especially in developing countries such as India and China. Moreover, growing investments by major automobile manufacturers are likely to boost product demand across this region during the forecast period.
Growth Factors:
- Increasing demand for safety and security features in vehicles
- Growing awareness about the benefits of using Driving Armor products
- Rising number of road accidents and fatalities globally
- Proliferation of advanced technologies in the automotive industry
- Growing demand for luxury cars and SUVs
Scope Of The Report
Report Attributes
Report Details
Report Title
Driving Armor Market Research Report
By Type
Full Protection, Half/Partial Protection
By Application
Men, Women
By Companies
Alpinestars, RYNOX GEARS, First Mfg, Dainese, Leatt, EVS Sports, Troy Lee Designs
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Driving Armor Market Report Segments:
The global Driving Armor market is segmented on the basis of:
Types
Full Protection, Half/Partial Protection
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Men, Women
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alpinestars
- RYNOX GEARS
- First Mfg
- Dainese
- Leatt
- EVS Sports
- Troy Lee Designs
Highlights of The Driving Armor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Full Protection
- Half/Partial Protection
- By Application:
- Men
- Women
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Driving Armor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Driving Armor is a type of vehicle armor that is designed to protect drivers and passengers from harm in the event of a collision. It typically consists of layers of metal and plastic, with the goal being to provide as much protection as possible against both blunt force trauma and projectiles.
Some of the key players operating in the driving armor market are Alpinestars, RYNOX GEARS, First Mfg, Dainese, Leatt, EVS Sports, Troy Lee Designs.
The driving armor market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Driving Armor Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Driving Armor Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Driving Armor Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Driving Armor Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Driving Armor Market Size & Forecast, 2018-2028 4.5.1 Driving Armor Market Size and Y-o-Y Growth 4.5.2 Driving Armor Market Absolute $ Opportunity
Chapter 5 Global Driving Armor Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Driving Armor Market Size Forecast by Type
5.2.1 Full Protection
5.2.2 Half/Partial Protection
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Driving Armor Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Driving Armor Market Size Forecast by Applications
6.2.1 Men
6.2.2 Women
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Driving Armor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Driving Armor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Driving Armor Analysis and Forecast
9.1 Introduction
9.2 North America Driving Armor Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Driving Armor Market Size Forecast by Type
9.6.1 Full Protection
9.6.2 Half/Partial Protection
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Driving Armor Market Size Forecast by Applications
9.10.1 Men
9.10.2 Women
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Driving Armor Analysis and Forecast
10.1 Introduction
10.2 Europe Driving Armor Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Driving Armor Market Size Forecast by Type
10.6.1 Full Protection
10.6.2 Half/Partial Protection
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Driving Armor Market Size Forecast by Applications
10.10.1 Men
10.10.2 Women
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Driving Armor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Driving Armor Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Driving Armor Market Size Forecast by Type
11.6.1 Full Protection
11.6.2 Half/Partial Protection
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Driving Armor Market Size Forecast by Applications
11.10.1 Men
11.10.2 Women
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Driving Armor Analysis and Forecast
12.1 Introduction
12.2 Latin America Driving Armor Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Driving Armor Market Size Forecast by Type
12.6.1 Full Protection
12.6.2 Half/Partial Protection
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Driving Armor Market Size Forecast by Applications
12.10.1 Men
12.10.2 Women
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Driving Armor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Driving Armor Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Driving Armor Market Size Forecast by Type
13.6.1 Full Protection
13.6.2 Half/Partial Protection
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Driving Armor Market Size Forecast by Applications
13.10.1 Men
13.10.2 Women
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Driving Armor Market: Competitive Dashboard
14.2 Global Driving Armor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alpinestars
14.3.2 RYNOX GEARS
14.3.3 First Mfg
14.3.4 Dainese
14.3.5 Leatt
14.3.6 EVS Sports
14.3.7 Troy Lee Designs