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The future of the composite materials in the defense industry in Finland looks good with opportunities in military aircraft, naval systems, land vehicle, body armor, arms & ammunition, and military hard wall shelter. Some of the applications of composites in the defense industry are helicopter rotor blade, ballistic protection plates, control surface, radome, doors, and fuselage. The major growth drivers for this market are increasing use of lightweight and high-performance materials in defense programs and growing need for lightweight materials in ballistic protection solutions.
Emerging trends, which have a direct impact on the dynamics for composites in defense industry, include the adoption of nano-technology in ballistic protection materials and growing focus on stealth technology for military aircrafts.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details for composites in defense industry in Finland report, download the report brochure.
Composites in the Defense Industry in Finland by Segment:
2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for Composites in the Defense Industry
in Finland: 2014-2025 (US $M) (Randomized Data)
The study includes the market size for and forecast for composites in the defense industry in Finland by market segment, reinforcement, and resin as follows:
Composites in Defense Industry by Market Segment [Volume (M lbs) and $M shipment analysis for 2014–2025]:
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Military Aircraft
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Structural Components
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Control Surface
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Engine Components
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Helicopter Rotor Blade
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Others
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Naval Systems
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Superstructure
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Rudder
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Others
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Land Vehicles
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Vehicle Armor
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Others
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Body Armor
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Vest Protection Plate
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Soldier Helmets
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Others
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Arms and Ammunition
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Military Hard Wall Shelter
Composites in Defense Industry by Reinforcement [Volume (M lbs) and $M shipment analysis for 2014–2025]:
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Carbon Composites
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Glass Composites
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Ceramic Matrix Composites
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Aramid Composites
Composites in Defense Industry by Resin [Volume (M lbs) and $M shipment analysis for 2014–2025]:
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Thermoset Composites
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Ceramic Matrix Composites
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Thermoplastic Composites
Lucintel forecasts that the military aircraft is expected to remain the largest segment, while body armor is expected to witness the highest growth during the forecast period supported by the growing demand for lightweight and high strength ballistic protection materials.
By reinforcement type, carbon fiber composite is expected to remain the largest segment over the forecast period. Ceramic matrix composite is expected to witness the highest growth due to its high-temperature performance, better wear resistance, and good compressive strength.
Some of the features of “Opportunities for the Composites in the Defense Industry in Finland 2014-2025: Trends, Forecast and Competitive Analysis” include:
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Market size estimates: Composites in the defense industry size estimation in terms of value ($M) and volume (M Lbs.) shipment.
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Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by market segment, reinforcement, and resin.
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Segmentation analysis: Composites in the defense industry size by market segments (military aircraft, naval systems, land vehicle, body armor, arms and ammunition and military hard wall shelter), reinforcement (carbon composites, glass composites, aramid composites and ceramic matrix composites), and resin (thermoset composites, thermoplastic composites and ceramic matrix composites) in terms of value.
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Growth opportunities: Analysis on growth opportunities in different market segment, reinforcement, and resin of composites in the defense industry.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 7 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for composites in the defense industry in Finland by market segments (military aircraft, naval systems, land vehicle, body armor, arms and ammunition and military hard wall shelter), reinforcement (carbon composites, glass composites, aramid composites and ceramic matrix composites), and resin (thermoset composites, thermoplastic composites and ceramic matrix composites)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the key factors affecting market dynamics? What are the drivers and challenges for composites in the defense industry?
Q.4 What are the business risks and threats for composites in the defense industry?
Q.5 What are emerging trends for composites in the defense industry and the reasons behind them?
Q.6 What are some changing demands of customers for composites in the defense industry?
Q.7 What are the new developments for composites in the defense industry? Which companies are leading these developments?