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. 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. 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. Report Summary. The global body armour market attained a value of USD 2.5 billion in 2019. 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. Which segment accounted for the largest body armor market share? 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 The surge in military warfare is propelling the need for ballistic protection equipment for safeguarding the army personnel. 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. Who are the key players in body armor market? The growth of this segment can be attributed to a surge in demand in the law enforcement application segment. We are in compliance with GDPR & CCPR norms. Global Body Armor Market – Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026 Request for Customization Inquiry Before Buying Report Details 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. For instance, private security guards and policemen consider a soft armor to be their ideal choice. Body Armor Market - Growth, Trends, and Forecasts (2020 - 2025). The lightweight feature particularly enhances the mobility and response time of security personnel, law enforcement officers, and military troops. 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. Hard variants tend to be comparatively heavier and thicker as compared to soft armor. The factors contributing to the growth of the market are technological advancements and the introduction of … 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. European countries such as Italy and U.K. witnessed a reduction in military spending since 2008, owing to macroeconomic conditions. Copyright © 2020 Grand View Research, Inc. All rights reserved. This benefit makes it ideal for use by a very important person (VIP) and security staff who do not prefer showcasing the armor. April 2019 | Report Format: Electronic (PDF) Body Armor Market Growth & Trends. All interactions are confidential. The level II segment is anticipated to exhibit a noticeable CAGR of 6.1% from 2019 to 2025. Summary ICRWorlds Body Armor market research report provides the newest industry data and industry future trends, allowing you to identify the … Privacy Policy. The body armor market is expected to record a CAGR of over 3.5% during the forecast period (2020-2025). b. 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 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. Usage of nanotechnology materials and fibers for manufacturing lightweight and flexible armors is one of the recent trends benefitting the market expansion. Please fill out the form below for a free PDF report sample & The body armor market is expected to record a CAGR of over 3.5% during the forecast period (2020-2025). What are the factors driving the body armor market? © 2020. 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 increasing need for providing defense suits with enhanced ballistic and stab resistance for soldiers is one of the primary drivers of the segment growth. DecisionDatabases.com, recently added a new report to its database. 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). Body Armor and Personal Protection is an item of personal armor or helmet etc. 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. 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 research report will give a clear idea to readers about the overall market scenario to further decide on this market projects. Size, restraints, challenges, current trend, and opportunity are some of the other factors which are also included in the report. The level II panel offers protection against 9-mm handguns, 44 magnums, and 9-mm sub-machine guns, and is lightweight in nature. 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. We stand by our report quality. This growth may be propelled by countries, like China and India, which currently have the highest number of active military personnel. We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination. The Asia-Pacific body armor market is expected to register the highest CAGR during the forecast period. 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 Design an exclusive study to serve your research needs. 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. Body Armor Market Size & Share, Industry Report, 2019-2025. We never share your personal data. This website is secure and your personal details are safe. The composite ceramics segment dominated the market in 2018 in terms of revenue. Increasing focus of defense agencies on ensuring soldier survivability is driving the demand for personal safety equipment and suits The overall market is getting bigger at an increased pace due to the invention of the new dynamism, which is making rapid […] MARKET OPPORTUNITIES AND FUTURE TRENDS. To understand geography trends, Download Sample Report. 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. 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. This is anticipated to drive the body armor market in the future. Countries, like Germany, India, and Japan, are expected to increase their military recruitments, in order to recover from the shortages in military personnel. This may generate further demand for body armors and related accessories. Its main purpose is to absorb or deflect slashing hit and penetrate attacks. Industry players are emphasizing on developing lightweight and hi-tech bodysuits for delivering enhanced comfort, flexibility, and performance. The region’s growth is further accelerated by higher military spending in countries such as the U.S. and Canada. North America dominated the global body armor market in 2018. This is due to the on-going military procurements and soldier modernization programs around the world. The defense segment accounted for the largest share of the overall revenue in 2018. 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. 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. 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. 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. Industry market research reports, statistics, analysis, data, trends and forecasts. VR/AR can assist in e-learning, for which the demand will surge owing to the closure of many schools and universities. Analysis Report on Body Armor Market A report on global Body Armor market has hit stands. 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. 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. Global Body Armor Market Research Report 2018 has complete details about market of Body Armor industry, Body Armor analysis and current trends. BAE Systems PLC, Safariland LLC, DuPont, Honeywell International Inc., and ArmorSource LLC are a few prominent firms benefitting from the geographical advantage. Our support available to help you 24 hours a day, five days a week. 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. 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. 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. 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. 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. 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. 4.4.1 Bargaining Power of Buyers/Consumers, 7. The evolution of warfare has largely become asymmetric in nature and includes counter-terrorism and counter-insurgency. 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. Also Understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. 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. Avail customized purchase options to meet your exact research needs: "The quality of research they have done for us has been excellent...". North America dominated the body armor market with a share of 33.4% in 2019. 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. Based on the Body Armor industrial chain, this report mainly elaborate the definition, types, applications and major players of Body Armor market in details. 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. Tactical Assault Light Operator Suit (TALOS) is a prominent example of hi-tech personal safety armor. However, the industry is highly susceptible to the effects of existing economic conditions. The overt segment dominated the market in 2018 and is projected to continue its domination over the forecast period. b. It is used as protective clothing, designed to absorb and for bludgeoning, to deflect slashing, and penetrating attacks by weaponries. 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. In addition to news and developments in the body armor industry we are also centralizing information on all body armor manufacturers right here. It has been adopted by the United States Special Operations Command (USSOCOM). Click here. Covert type is expected to witness the highest growth over the forecast period. This study is based on different aspects like segments, growth rate, revenue, leading players, regions, and forecast. Rapid escalations across sensitive borderlines and cross-border terrorist insurgencies are creating a requirement for body armor. The report covers accessories like helmets, shoes, shields, and hand and leg protection gears, among others. What is the market size of the Body Armor Manufacturing industry in the US? 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. 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. 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. Avail customized purchase options to meet your exact research needs. Demand for level IIA is also anticipated to increase over the forecast period. AMERICAN MADE! Increasing focus of defense agencies on ensuring soldier survivability is driving the demand for personal safety equipment and suits. However, increasing terrorist activities and anti-nationalist activities have led to incessant adoption of body armor for defense and law enforcement protection applications. 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. Of many schools and universities is expected to confront the pressure associated with.. 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