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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Body Armor Market
Report Highlights
- 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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Body Armor Market
Segmentation
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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