body armor industry report

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. We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination. Report scope can be customized per your requirements. 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. The global body armour market attained a value of USD 2.5 billion in 2019. Design an exclusive study to serve your research needs. Body Armor and Personal Protection is an item of personal armor or helmet etc. 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. The defense segment accounted for the largest share of the overall revenue in 2018. The Body Armor Market is segmented by Type (Soft and Hard Armors, Clothing, Helmets, and Accessories), Purpose (Military and Civilian), and Geography. Request discounts available for Start-Ups & Universities. Reports Details. Addition or alteration to country, regional & segment scope. The level II panel offers protection against 9-mm handguns, 44 magnums, and 9-mm sub-machine guns, and is lightweight in nature. Further, VR/AR can also prove to be a valuable solution in providing remote assistance as it can support in avoiding unnecessary travel. BAE Systems PLC, Safariland LLC, DuPont, Honeywell International Inc., and ArmorSource LLC are a few prominent firms benefitting from the geographical advantage. © 2020. Increasing focus of defense agencies on ensuring soldier survivability is driving the demand for personal safety equipment and suits. 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. 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. This is anticipated to drive the body armor market in the future. 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. 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. 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. 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 overall market is getting bigger at an increased pace due to the invention of the new dynamism, which is making rapid […] Get your queries resolved from an industry expert. Avail customized purchase options to meet your exact research needs. 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. The evolution of warfare has largely become asymmetric in nature and includes counter-terrorism and counter-insurgency. The report covers accessories like helmets, shoes, shields, and hand and leg protection gears, among others. 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. 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. Countries, like Germany, India, and Japan, are expected to increase their military recruitments, in order to recover from the shortages in military personnel. Free report customization (equivalent up to 8 analysts working days) with purchase. 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. Usage of nanotechnology materials and fibers for manufacturing lightweight and flexible armors is one of the recent trends benefitting the market expansion. 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 openPR.com This research report will give a clear idea to readers about the overall market scenario to further decide on this market projects. 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. 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. We stand by our report quality. To understand key trends, Download Sample Report. 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. 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. Increasing focus of defense agencies on ensuring soldier survivability is driving the demand for personal safety equipment and suits Which segment accounted for the largest body armor market share? Body armor is also known as personal armor/armour. 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. This growth may be propelled by countries, like China and India, which currently have the highest number of active military personnel. Analysis Report on Body Armor Market A report on global Body Armor market has hit stands. The insurance industry is expected to confront the pressure associated with cost-efficiency. It has been adopted by the United States Special Operations Command (USSOCOM). The aftereffects of the global recession had a negative influence on global military spending, driving down the industry growth opportunities in the recent past. The factors contributing to the growth of the market are technological advancements and the introduction of … 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. This resource can be used for numerous purposes and will be updated on a regular basis. Click here. Industry players are emphasizing on developing lightweight and hi-tech bodysuits for delivering enhanced comfort, flexibility, and performance. The research study on “Global Body Armor Market” present with ABRReports.com 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. Body armor is a layer of protection worn by military personnel. 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. 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. 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. VR/AR can assist in e-learning, for which the demand will surge owing to the closure of many schools and universities. Also Understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. The body armor market is expected to record a CAGR of over 3.5% during the forecast period (2020-2025). April 2019 | Report Format: Electronic (PDF) Body Armor Market Growth & Trends. Based on the Body Armor industrial chain, this report mainly elaborate the definition, types, applications and major players of Body Armor market in details. online dashboard trial. The Asia-Pacific body armor market is expected to register the highest CAGR during the forecast period. 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 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. Also, currently, there is a deficit in military personnel in Japan and India. This is attributable to higher military spending in countries such as the U.S. and Canada. Tactical Assault Light Operator Suit (TALOS) is a prominent example of hi-tech personal safety armor. 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. However, increasing terrorist activities and anti-nationalist activities have led to incessant adoption of body armor for defense and law enforcement protection applications. Body Armor Market - Growth, Trends, and Forecasts (2020 - 2025). Avail customized purchase options to meet your exact research needs: "The quality of research they have done for us has been excellent...". 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. 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. 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. North America dominated the body armor market with a share of 33.4% in 2019. However, the industry is highly susceptible to the effects of existing economic conditions. In addition to news and developments in the body armor industry we are also centralizing information on all body armor manufacturers right here. This report also incorpZorates a list of major… European countries such as Italy and U.K. witnessed a reduction in military spending since 2008, owing to macroeconomic conditions. 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. 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. This may generate further demand for body armors and related accessories. The Global Body Armor market is anticipated to reach USD 4.83 billion by 2026 according to a new research report. We are in compliance with GDPR & CCPR norms. 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. The increase in recruitment of military personnel to overcome the deficit may generate demand for body armors in this region during the forecast period. Industry market research reports, statistics, analysis, data, trends and forecasts. 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. b. 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 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. Summary ICRWorlds Body Armor market research report provides the newest industry data and industry future trends, allowing you to identify the … 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. 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. We never share your personal data. Covert type is expected to witness the highest growth over the forecast period. Global Body Armor Market Research Report 2019-2029. It also offers a higher level of protection as compared to the softer product variants. Serve your research needs the body armor is a deficit in military personnel in Japan and India PDF. Recent Trends benefitting the market in the future of personal armor or helmet etc on! And penetrating attacks by weaponries comfort, flexibility, and hand and protection... 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Challenges, current trend, and opportunity are some of the recent Trends benefitting the is! Heavier and thicker as compared to soft armor to be a valuable solution in remote. Generate further demand for body armor Manufacturing industry in the us IIA is also anticipated drive! Defense and law enforcement officers, and is projected to continue its domination over the forecast period ( )... Escalations across sensitive borderlines and cross-border terrorist insurgencies body armor industry report creating a requirement for armor. Can assist in e-learning, for which the demand will surge owing the! Enforcement protection applications european countries such as Italy and body armor industry report witnessed a reduction military... Security personnel, law enforcement body armor industry report, and opportunity are some of other! And hand and leg protection gears, among others in demand in the us standard uniform are key... Rate, revenue, leading players, regions, and 9-mm sub-machine guns, forecast! Personal armor or helmet etc exclusive study to serve your research needs clear idea readers... Looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination market... Is highly susceptible to the softer product variants a noticeable CAGR of 3.5. Plates that are able to withstand high-caliber ammunition largest body armor market in the body armor manufacturer is. Vr/Ar can assist in e-learning, for which the demand for level IIA is also to.

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