body armor industry report

Global “Body Armor Market” Report (2020 - 2024) prime objective is to help the user to understand Global and Regional Analysis of the Body Armor Industry. It features titanium, steel, or ceramic plates that are able to withstand high-caliber ammunition. The Asia-Pacific body armor market is expected to register the highest CAGR during the forecast period. Press release - Report Consultant - Body Armor Market Size, Status, Growth Opportunity and Business Scenario 2020 to 2028 | BAE Systems, Ceradyne, Hellweg, Kejo, Safariland - published on The global body armor market size was valued at USD 2.1 billion in 2018 and is expected to expand at a CAGR of 5.5% from 2019 to 2025. Body Armor Market - Growth, Trends, and Forecasts (2020 - 2025). Global Body Armor Market – Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026 Request for Customization Inquiry Before Buying Report Details Demand for level IIA is also anticipated to increase over the forecast period. The insurance industry is expected to confront the pressure associated with cost-efficiency. All interactions are confidential. The region’s growth is further accelerated by higher military spending in countries such as the U.S. and Canada. Artificial Intelligence (AI), Virtual Reality (VR), and Augmented Reality (AR) solutions are anticipated to substantially contribute while responding to the COVID-19 pandemic and address continuously evolving challenges. The global body armor market size is expected to reach USD 3.0 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.5% over the forecast period. Countries, like Germany, India, and Japan, are expected to increase their military recruitments, in order to recover from the shortages in military personnel. We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination. Some key players operating in the body armor market include Aegis Engineering Ltd.; AR500 Armor; BAE Systems; Ballistic Body Armor Pty; Craig International Ballistics Pty Ltd.; Ceradyne, Inc.; Hellweg International; Kejo Limited Company; Pacific Safety Products; Point Blank Enterprises, Inc.; and Safariland, LLC. Copyright © 2020 Grand View Research, Inc. All rights reserved. The Global Body Armor Market Report render a comprehensive definition of the market followed by various factors associated with the market which eventually impact the market structure. North America dominated the global body armor market in 2018. AMERICAN MADE! The factors contributing to the growth of the market are technological advancements and the introduction of … It has been adopted by the United States Special Operations Command (USSOCOM). Currently, the military segment of the body armor market has the largest market share, and it is expected to continue its dominance during the forecast period. The report provides key statistics on the market status of the Body Armor manufacturers and is a valuable source of guidance and direction for companies and ind. BAE Systems PLC, Safariland LLC, DuPont, Honeywell International Inc., and ArmorSource LLC are a few prominent firms benefitting from the geographical advantage. that helps absorb the impact and reduce or stop penetration to the body from firearm -fired projectiles - and shrapnel from explosions, and is worn on the torso. The need for providing personal protection to ground troops in the region, in addition to investments by different governments to acquire arms and personal protection equipment, is expected to improve the growth prospects for the regional market. The research study on “Global Body Armor Market” present with The report provides in depth analysis on company profile, product specifications, capacity, ... 2019-2024 Global and Regional Body Armor Industry Production, Sales and Consumption Status and Prospects Professional Market Research Report., recently added a new report to its database. This growth may be propelled by countries, like China and India, which currently have the highest number of active military personnel. b. Usage of nanotechnology materials and fibers for manufacturing lightweight and flexible armors is one of the recent trends benefitting the market expansion. Government military programs such as the Soldier Protection System-Torso and Extremity Protection (SPS-TEP) program for providing full body armors to armed forces are anticipated to incite the growth of the regional market. To understand geography trends, Download Sample Report. © 2020. This resource can be used for numerous purposes and will be updated on a regular basis. The importance of body armor can be understood from the fact that it helps to protect personnel by acting as a shield against weapon attacks. Due to the use of Kevlar, overt body armors are able to offer a higher level of protection from large spikes/blades and heavy gunfire. European countries such as Italy and U.K. witnessed a reduction in military spending since 2008, owing to macroeconomic conditions. Addition or alteration to country, regional & segment scope. This research report will give a clear idea to readers about the overall market scenario to further decide on this market projects. The report will account for Covid19 as a key market contributor. The report covers accessories like helmets, shoes, shields, and hand and leg protection gears, among others. This study is based on different aspects like segments, growth rate, revenue, leading players, regions, and forecast. This report has a service guarantee. Research Corridor new comprehensive study on body armor market offers in-depth analysis on industry trends, market size, competitive analysis and market forecast - 2020 to 2027. This is attributable to higher military spending in countries such as the U.S. and Canada. This benefit makes it ideal for use by a very important person (VIP) and security staff who do not prefer showcasing the armor. If you would like to add your company or report a body armor manufacturer that is not listed please contact us. The global body armor market size was valued at USD 1, 735.6 million in 2018 and is anticipated to grow at a CAGR of 4.9% during the forecast period. Demand for body armor is expected to increase as technological innovations and modernization initiatives prompt security agencies and military forces to opt for the latest equipment. Increasing focus of defense agencies on ensuring soldier survivability is driving the demand for personal safety equipment and suits. Overt body armors are worn on the top of the clothing and are often bulkier and heavier as they are engineered using various layers of Kevlar. This latest report studies Body Armor And Personal Protection market 2020 research report is replete with precise analysis from radical studies, specifically on queries that approach Market size, trends, share, forecast, outlook, production, and futuristic developments trends and present and future market status. The global body armor market is expected to grow at a compound annual growth rate of 5.5% from 2019 to 2025 to reach USD 3,022.2 million by 2025. b. Further, VR/AR can also prove to be a valuable solution in providing remote assistance as it can support in avoiding unnecessary travel. The increase in recruitment of military personnel to overcome the deficit may generate demand for body armors in this region during the forecast period. Continuous innovations in materials and manufacturing technologies have led to the advent of advanced textile materials, such as Kevlar and nylon, which can be used to produce lightweight armor with improved ballistic protection capabilities. The Body Armor market revenue was xx.xx Million USD in 2013, grew to xx.xx Million USD in 2017, and will reach xx.xx Million USD in 2023, with a CAGR of x.x% during 2018-2023. For instance, Combatiente Futuro of Spain, Soldier Modernization Program - SMP of the Netherlands, NORMANS of Norway, Soldado do Futuro of Portugal, IMESS of Switzerland, MARKUS of Sweden, FIST of Belgium, Projekt TYTAN of Poland, and 21st Century Soldier of the Czech Republic, among others, are the current future soldier programs taking shape in Europe. This report provides forecasts for revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2014 to 2025. Covert type is expected to witness the highest growth over the forecast period. The shortage of ballistic protection suits and rise in asymmetric warfare in various countries, such as South Korea, Iraq, and India, is further accelerating the industry growth. We are in compliance with GDPR & CCPR norms. When compared with the overt kind, covert armor can be worn comfortably beneath a regular clothing or a standard uniform. Market Overview. Rapid escalations across sensitive borderlines and cross-border terrorist insurgencies are creating a requirement for body armor. The Global Body Armor market is anticipated to reach USD 4.83 billion by 2026 according to a new research report. Furthermore, demand in the civilian application segment is anticipated to increase significantly over the forecast period owing to a rise in burglaries, home invasions, and robberies, which are driving the demand for armor suits among the general public. All Rights Reserved to Mordor Intelligence. This report studies Body Armor in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. Based on the Body Armor industrial chain, this report mainly elaborate the definition, types, applications and major players of Body Armor market in details. The level II panel offers protection against 9-mm handguns, 44 magnums, and 9-mm sub-machine guns, and is lightweight in nature. Body armor is a layer of protection worn by military personnel. The increasing need for providing defense suits with enhanced ballistic and stab resistance for soldiers is one of the primary drivers of the segment growth. The body armor market is expected to record a CAGR of over 3.5% during the forecast period (2020-2025). The surge in military warfare is propelling the need for ballistic protection equipment for safeguarding the army personnel. Key players dominating the market include Aegis Engineering Ltd.; AR500 Armor; BAE Systems; Ballistic Body Armor Pty; Craig International Ballistics Pty Ltd.; Ceradyne, Inc.; Hellweg International; Kejo Limited Company; Pacific Safety Products; Point Blank Enterprises, Inc.; and Safariland, LLC. Size, restraints, challenges, current trend, and opportunity are some of the other factors which are also included in the report. Emerging economies such as India and China are persistently focusing on the replacement of legacy military equipment and are subsequently increasing their spending on the defense sector. The existing situation owing to the outbreak of the epidemic will inspire pharmaceutical vendors and healthcare establishments to improve their R&D investments in AI, acting as a core technology for enabling various initiatives. Also Understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. A thorough study of the competitive landscape of the Body Armor Market has been given, presenting insights into the company profiles, financial status, recent developments, mergers and acquisitions, and the SWOT analysis. This report studies the global Body Armor market status and forecast, categorizes the global Body Armor market size (value & volume) by manufacturers, type, application, and region. This is anticipated to drive the body armor market in the future. This may generate further demand for body armors and related accessories. The level II segment is anticipated to exhibit a noticeable CAGR of 6.1% from 2019 to 2025. Global Body Armor Market: Overview This comprehensive report by Transparency Market Research analyzes and forecasts the body armor market at the glob With the increase in terrorism and hostile activities around the world, various armed forces and law enforcement agencies are procuring body armors and accessories, which is currently driving the market. Such modernization activities are opening up new avenues for the industry participants and are leading to the formation of a contractual environment with military agencies. 3.3.2 Hard armor expected to constitute the second largest segment in the body armor and personal protection market 30 3.3.3 Market size of protective headgear segment expected to rise at a CAGR of XX% during the forecast Avail customized purchase options to meet your exact research needs. The Body Armor Market is segmented by Type (Soft and Hard Armors, Clothing, Helmets, and Accessories), Purpose (Military and Civilian), and Geography. Body Armor Market Insights 2019, Global and Chinese Scenario is a professional and in-depth study on the current state of the global Body Armor industry with a focus on the Chinese market. Manifold advantages such as better ballistic resistance, higher performance, and lightweight as compared to steel plates are propelling the demand for use of composite ceramic materials in body armor. The global body armor market size was valued at USD 2.1 billion in 2018 and is expected to expand at a CAGR of 5.5% from 2019 to 2025. The body armor market is expected to record a CAGR of over 3.5% during the forecast period (2020-2025). The global body armour market attained a value of USD 2.5 billion in 2019. The Global market for Body Armor Parts is estimated to grow at a CAGR of roughly X.X% in the next 8 years, and will reach USD X.X million in 2027, from USD X.X million in 2020. Summary ICRWorlds Body Armor market research report provides the newest industry data and industry future trends, allowing you to identify the … The overt segment dominated the market in 2018 and is projected to continue its domination over the forecast period. The defense segment accounted for the largest share of the overall revenue in 2018. MARKET OPPORTUNITIES AND FUTURE TRENDS. The global body armor market size was estimated at USD 2,196.2 million in 2019 and is expected to reach USD 2,317.7 million in 2020. b. What are the factors driving the body armor market? Body Armor Market By Material Type - Steel, UHMWPE, Aramid, Composite Ceramic, Others; By Product Type - Soft, Hard, Accessories; By Application - Defence & Security Personnel, Law Enforcement Officers, and Civilians. It was historically used to defend military workers, while protecting numerous kinds of police (riot police in specific), private security guards, private citizens, or bodyguards. Report Summary. April 2019 | Report Format: Electronic (PDF) Body Armor Market Growth & Trends. Down Range Industries manufactures the highest of quality and most affordable AR500 Body Armor, Trauma Pads, Steel Targets and Kydex Holsters. Body Armor Materials Market Size, Type Analysis, Application Analysis, End-Use Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2019-2026 ID : ME_051771 Format : PDF September, 2019 Pages : 143 Revenue in USD million and CAGR from 2019 to 2025, Revenue forecast, company share, competitive landscape, growth factors and trends, Level, application, material, product by type, product by style, region, North America; Europe; Asia Pacific; South America; Middle East & Africa, U.S.; Canada; Mexico; Germany; U.K.; France; Russia; Italy; China; Japan; India; South Korea; Australia; Brazil; Saudi Arabia; Israel; UAE, Aegis Engineering Ltd.; AR500 Armor; BAE Systems; Ballistic Body Armor Pty; Craig International Ballistics Pty Ltd.; Ceradyne, Inc.; Hellweg International; Kejo Limited Company; Pacific Safety Products; Point Blank Enterprises, Inc.; Safariland, LLC. The aftereffects of the global recession had a negative influence on global military spending, driving down the industry growth opportunities in the recent past. Defense agencies in developed countries such as U.S., Canada, and France are laying high emphasis on enhancing personal protection for armed forces and ground troops and are focusing on upgrading the conventional protective headgear and capabilities of body armors. online dashboard trial. Its main purpose is to absorb or deflect slashing hit and penetrate attacks. Majority of the players are based in North America. Global Body Armor Market: Scope of Report The study provides a decisive view on the global body armor market, by segmenting the market in terms of type, material, and application. This is due to the on-going military procurements and soldier modernization programs around the world. Body Armor and Personal Protection is an item of personal armor or helmet etc. Explore purchase options. IBISWorld's statistic shows that as of 2020 the market size of the Body Armor Manufacturing industry is $694.9m an increase of 1.31% from 2019. With the increase in terrorism and hostile activities around the world, various armed forces and law enforcement agencies are procuring body armors and accessories, which is currently driving the market. Body armors have been upgraded constantly from the use of easily accessible materials, such as natural fibers made from silk, cotton, and thatch (which are woven in textile forms), to various metals, such as iron, steel, and copper (which are used in chainmail and plate forms), and further to the technologically complex variants that are being currently used by law enforcement and armed services. Privacy Policy. Increasing focus of defense agencies on ensuring soldier survivability is driving the demand for personal safety equipment and suits Get your queries resolved from an industry expert. What is the market size of the Body Armor Manufacturing industry in the US? Body armor is also known as personal armor/armour. The development of new and advanced body armors, like soldier exoskeletons, by companies, like Rostec, is expected to generate a huge demand in the future. The composite ceramics segment dominated the market in 2018 in terms of revenue. Click here. Body Armor Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027 Body Armor Market Size, Share & Trends Analysis Report By Level, By Application (Law Enforcement Protection, Defense), By Material, By Product By Type, By Product By Style, By Region, And Segment Forecasts, 2019 - 2025 b. Level I; Level IIA; Level II; Level IIIA; Level III; Level IV ; By Material Type. Report scope can be customized per your requirements. Usage of AI can help in reducing operating costs, and at the same time, can increase customer satisfaction during the renewal process, claims, and other services. However, due to the increasing requirements in the Asia-Pacific and Middle-East and African regions, expansion of major players into these regions may enable them to increase their presence in the market during the forecast period. For this study, Grand View Research has segmented the global body armor market report based on level, application, material, product by type, product by style, and region: Level Outlook (Revenue, USD Million, 2014 - 2025), Application Outlook (Revenue, USD Million, 2014 - 2025), Material Outlook (Revenue, USD Million, 2014 - 2025), Product by Type Outlook (Revenue, USD Million, 2014 - 2025), Product by Style Outlook (Revenue, USD Million, 2014 - 2025), Regional Outlook (Revenue, USD Million, 2014 - 2025). Also, currently, there is a deficit in military personnel in Japan and India. We stand by our report quality. Who are the key players in body armor market? It also offers a higher level of protection as compared to the softer product variants. Which segment accounted for the largest body armor market share? Reports Details. The evolution of warfare has largely become asymmetric in nature and includes counter-terrorism and counter-insurgency. 4.4.1 Bargaining Power of Buyers/Consumers, 7. We never share your personal data. Earlier, only soldiers were given the license to use it, but nowadays, it is also used by security guards, police, and other individuals, in order to feel safe and protect themselves from incoming attacks. Global Body Armor Market Research Report 2018 has complete details about market of Body Armor industry, Body Armor analysis and current trends. Please fill out the form below for a free PDF report sample & Avail customized purchase options to meet your exact research needs: "The quality of research they have done for us has been excellent...". Analysis Report on Body Armor Market A report on global Body Armor market has hit stands. However, the industry is highly susceptible to the effects of existing economic conditions. Soft armor is considered to be an ideal choice for professions where flexibility and comfortable movement are of paramount importance, owing to the lightweight feature of these variants. VR/AR can assist in e-learning, for which the demand will surge owing to the closure of many schools and universities. To understand key trends, Download Sample Report. Key factors that are driving the body armor market growth include continuous innovation of new materials for better ballistic resistance and increasing demand for ensuring soldiers’ safety and survivability across the world. The lightweight feature particularly enhances the mobility and response time of security personnel, law enforcement officers, and military troops. Request discounts available for Start-Ups & Universities. The market is expected to grow at a CAGR of 5% during the forecast period of 2020-2025. Design an exclusive study to serve your research needs. This report also incorpZorates a list of major… Body Armor Manufacturing in the US industry outlook (2020-2025) poll Average industry growth 2020-2025: x.x lock Purchase this report or a membership to unlock the average company profit margin for this industry. It is used as protective clothing, designed to absorb and for bludgeoning, to deflect slashing, and penetrating attacks by weaponries. Industry market research reports, statistics, analysis, data, trends and forecasts. A large-scale modernization of traditional systems in emerging economies and increasing instances of warfare and border disputes in the Asia Pacific countries such as India, China, and South Korea are driving the demand for body armors in Asia Pacific. Historically, its use was mostly limited to the military sector, but nowadays it is often used by the police, security guards and civilians as well. Steel; Ultra-high-molecular-weight polyethylene (UHMWPE) Composite Ceramic These armors are well-suited for police forces and offer protection against 9mm full metal jacket rounds and .40 Smith & Wesson (S&W) ammunition. This website is secure and your personal details are safe. The body armor market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD and shipment in units from 2015 to 2025 for the following segments: By Level. The body armor market is highly fragmented, with many players holding small shares of the market, owing to their presence in various geographical locations. Industry players are emphasizing on developing lightweight and hi-tech bodysuits for delivering enhanced comfort, flexibility, and performance. Grand View Research is registered in the State of California at Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105, United States. The growth of this segment can be attributed to a surge in demand in the law enforcement application segment. In addition to news and developments in the body armor industry we are also centralizing information on all body armor manufacturers right here. Technological advances and introduction of innovative products such as modular tactical vests and military modernization programs such as the U.K.’s Future Infantry Soldier Technology (FIST) program and France’s FELIN program are the key factors driving the market. Free report customization (equivalent up to 8 analysts working days) with purchase. North America dominated the body armor market with a share of 33.4% in 2019. Body Armor Market Size & Share, Industry Report, 2019-2025. b. Hard variants tend to be comparatively heavier and thicker as compared to soft armor. Tactical Assault Light Operator Suit (TALOS) is a prominent example of hi-tech personal safety armor. However, increasing terrorist activities and anti-nationalist activities have led to incessant adoption of body armor for defense and law enforcement protection applications. The overall market is getting bigger at an increased pace due to the invention of the new dynamism, which is making rapid […] 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. Our support available to help you 24 hours a day, five days a week. For instance, private security guards and policemen consider a soft armor to be their ideal choice. Global Body Armor Market Research Report 2019-2029.

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