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. The evolution of warfare has largely become asymmetric in nature and includes counter-terrorism and counter-insurgency. Similar scenarios exist in the law enforcement sectors, wherein felons, criminals, and law offenders are capable of fatally injuring responding officers, thus necessitating the demand for body armor equipment.
Surge
in military warfare is propelling the need for improved ballistic protection
equipment in order to safeguard the personnel and armed forces. Emerging
economies such as India, South Korea, and China are persistently focusing on
the replacement of legacy military equipment and are subsequently increasing
their spending on the defense sector. Modernization activities are creating
several growth opportunities for body armor providers. They are also trying to
gain a competitive edge by collaborating with different military agencies
through contracts.
Technological
advances are accelerating the market growth as there is a rise in the use of
innovative products, such as liquid body armor and dragon skin. Additionally,
demand for modular tactical vests and double-sided combat uniforms is
increasing owing to their benefits, such as enhanced protection and improved
soldier survivability.
Prominent
manufacturers of personal protection suits are extensively investing in R&D
activities for the development of advanced fibers, fabrics, and nanotechnology
materials to improve the effectiveness of a body armor. Use of modular tactical
vests is gaining momentum and these vests are rapidly replacing the
conventional outer tactical vests (OTVs) that limit a soldier’s efficiency of
carrying additional assault loads, such as magazines (firearms) and grenades.
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Further key
findings from the study suggest:
- The law enforcement
protection segment is expected to expand at the highest CAGR of 5.9% from
2019 to 2025 as compared to the defense and civilians segments. Demand is
particularly high in U.S. owing to a significant rise in crime rates and
incidents of mass shooting
- The level III segment
accounted for 23.7% of the overall revenue in 2018. These bodysuits offer
better protection as compared to the level I, level IIA, level II, and
level IIIA. Furthermore, the armor is suitable for full-time wear in
several warfare and combat situations
- The market in North America
accounted for the largest share of the overall revenue in 2018. Government
initiatives such as the U.S. army equipment modernization strategy and
soldier protection system (SPS) are remarkably contributing to the
regional market growth
- Prominent 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.
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Grand View Research has segmented
the global body armor market by level, application, material, product by type, product
by style, and region:
Body Armor Level
Outlook (Revenue, USD Million, 2014 - 2025)
- Level I
- Level IIA
- Level II
- Level IIIA
- Level III
- Level IV
Body Armor
Application Outlook (Revenue, USD Million, 2014 - 2025)
- Defense
- Law enforcement protection
- Civilians
Body Armor Material
Outlook (Revenue, USD Million, 2014 - 2025)
- Steel
- UHMWPE
- Aramid
- Composite Ceramic
- Alumina
- Silicon Carbide (SiC)
- Ceramic-metal Composite
- Boron Carbide
- Others
- Others
Body Armor Product
by Type Outlook (Revenue, USD Million, 2014 - 2025)
- Soft
- Plates & Inserts
- Shields
- Hard
- Plates & Inserts
- Shields
- Accessories
- Carrier
- Helmets
- Others
Body Armor Product
by Style Outlook (Revenue, USD Million, 2014 - 2025)
- Covert
- Overt
Body Armor Regional
Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Russia
- Italy
- Asia Pacific (APAC)
- China
- Japan
- India
- South Korea
- Australia
- South America
- Brazil
- Middle East & Africa
(MEA)
- Saudi Arabia
- Israel
- UAE
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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