Technology News & Trends

  Major players in the military personal protective equipment market survive the tough competition by being progressively innovative, notes TMR in a recently published report. Technological advancements are a key emphasizing factor for the competitive landscape. From an overall perspective, healthy and neck-to-neck competition amongst the prominent organization is forcing the market to evolve in a fast manner. In 2015, the leading organizations held a market share of 52.2% with respect to the product sales, thus depicting a consolidated scenario. Some of the prime market players are: ArmorWorks, BAE Systems, Du Pont, Revision Military Inc. Honeywell Advanced Fibres, DSM Dyneema, Eagle Industries Unlimited Inc., and several others. According to the published report, the  global military personal protective equipment market  had a valuation of US$11.23 in 2015, which is anticipated to be calculated at US$19.09 bn until 2024. This improvement in the valuation is predicated t...