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Body Armor Industry Analysis and Forecast to 2025

Author: Margaret Hill
by Margaret Hill
Posted: Jan 11, 2019

The Global Body Armor Market Size was anticipated as US$ x.x billion in 2018 and is expected to grow at a CAGR of x.x% during forecast period. The body armor is a form of cloth which is basically used for protection, its main purpose is to penetrate attacks and deflect or absorb slashing bludgeon. Soft body armor and hard body armor are main types of body armors. Body armor is classified based on its capability to prevent bullets.

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The global body armor market types comprises type 1, type 2, type 2-A, type 3, type 3-A, and type 4. Among these, the type 4 armor is widely used by militaries across the world as they offer the highest protection. Replacement of outdated armor with advanced versions will also drive the growth of type 4 body armor during forecast period. Due to these reasons, type 4 body armor segment is anticipated to raise at a CAGR of x.x% into coming years.

The augmented development of the body armor market is one of the main driving factor of global body armor market share. Various regions are implementing soldier’s innovation program and has mainly focused on the survivability module. Owing to this, maximum number of countries have now pampered in obtaining body armor equipment’s for their military or armed forces. Regions such as France, US, and UK are developing in this field so as to exchange their existing armor system by subsequent generation body armor.

The development in materials is one of the major factor of global body armor market trends. Dealers have initiated to use special fabrics to protect the soldiers and police officers and to improve soldier’s performance.

The global body armor market size segmented on the basis of type, application, material, and geography. By type segment, the market is classified into type I, type II, type IIA, type III, type IIIA, and type IV. Based on material, this market categorized into ceramics, alloys and metals, composite, UHMWPE and others. Likewise, based on application, the global body armor market is segmented as civilians, defense, and others.

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Geographically, global body armor market is classified as North America, Asia Pacific, Europe, and RoW. Among these, the North America is further divided in Canada, Mexico, and where Europe segment include Germany, UK, Italy, France, and others. Similarly, Asia-Pacific is categorized into China, India, South Korea, Japan, South and others.

Global body armor market key players include:

BAE Systems Plc, Inc.

Point Blank Enterprises

MKU Pvt. Ltd.

KDH Defense Systems

Sarkar Defense Solutions

Armor Source LLC

Survitec Group Limited

Safariland LLC

Honeywell International, Inc.

Global body armor market segmentation include:

By Type

Type I

Type II

Type IIA

Type III

Type IIIA

Type IV

By Material

Ceramics

Alloys and Metals

Composite

UHMWPE

Others

By Application

Civilians

Defense

Others

By Region

North America

Canada

U.S.

Mexico

Europe

Germany

UK

Italy

France

Others

Asia-Pacific

South Korea

Japan

India

China

Others

Rest of the World

Middle East

South America

Africa

What to expect from the upcoming report on ‘Global body armor market’:

  • Analysis of future prospects as well as global body armor market trends over the forecast period (2018-2025)
  • Information regarding technological progressions as well as innovations taking place in developing as well as developed economies and also various macro & microeconomic factors that affect the growth of the market.
  • Supportive initiatives by government likely to influence the market dynamics.
  • Key drivers influencing market’s growth, opportunities, restraints, sales channels and distributors.
  • In-depth analysis of different market segmentations including end-user, application, manufacturing process and geographical regions.
  • Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market such as expansions, growth strategies, agreements, new product launches and acquisitions in the market
  • Value Chain and Sales Channels Analysis

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Who should buy this report?

  • Report is especially designed for Venture capitalists, Investors, financial institutions, Analysts, Government organizations, regulatory authorities, policymakers, researchers, strategy.

About Us:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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About the Author

Work at Adroit Market Research in Seo Analyst

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Author: Margaret Hill

Margaret Hill

Member since: Nov 22, 2018
Published articles: 13

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