An Incisive, In-depth Analysis on the Body Armor Market
This study offers a comprehensive, 360 degree analysis on the Body Armor market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Body Armor market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Global Body Armor Market to Reach ~US$ 3,231 Mn by 2029
The global body armor market is projected to reach ~US$ 3,231 Mn by the end of 2029. The market was valued at ~US$ 1,946 Mn in 2019. If these figures hold true, the market will exhibit a CAGR of ~5.2% between 2019 and 2029. Regionally, North America is expected dominate the market. However during the forecast period, East Asia will exhibit more lucrative growth opportunities. In terms of product type, the market can be classified into soft, hard and accessories. The soft body armor is expected to increase the market share as technological innovations and modernization initiatives prompt security agencies and military forces to opt for the latest equipment.
Level II Segment Will Drive the Body Armor Market at Highest Growth Rate
Based on body armor level, the level II segment is expected to expand at highest CAGR during the forecast owing to surge in demand in the law enforcement application segment. These armors perform well in the protection of protection against 9-mm handguns, 44 magnums, and 9-mm sub-machine guns. Moreover, it is lightweight which provides the flexibility in movement. These armors are used primarily by police men.
Defence Segment to Dominate the Global Body Armor Market
The defence segment holds the majority of the body armor market. The body armors are used in defence sector as lifesaving suits with enhanced ballistic resistance capability. Growing terrorism actives and cross border activities and war like situations drive the demand for lifesaving jackets such as body armor. Defence agencies of North America and Europe, especially U.S., Canada and France have emphasized their focus on defence and personal protection equipment which propels the body armor market.
By Product Type
- Soft
- Hard
- Accessories
By Material Type
- Steel
- UHMWPE
- Aramid
- Composite Ceramic
- Others
By Application
- Defence & Security Personnel
- Law Enforcement Officers
- Civilians
By Level
- Level I
- Level II A
- Level III A
- Level III
- Level IV
How will Growth Unfold?
Body armor market is primarily dominated by North America owing to high usage of body armor in the defence and security sector. The body armors are not only used in defence industry, but also used for policemen, and security personnel. Moreover, major presence of manufacturers and technological innovation have pushed the North America market to a new height. Europe body armor market holds the second highest market share in the global market. East Asia body armor market is expected to grow at highest pace during the forecast owing to high military spending in countries such as China, growing life concern of defence and security personnel etc. Moreover, new innovation in product material and technologies will push the sales of body armor to another height.
Body Armor Market: Global Industry Analysis 2014-2018 & Opportunity Assessment 2019-2029
A recent market study published by Future Market Insights on the body armor market offers global industry analysis for 2014-2018 & opportunity assessment for 2019-2029. The study offers a comprehensive assessment of body armor market dynamics. After conducting a thorough research on the historical, as well as current growth parameters, the growth prospects of the market are obtained with maximum precision.
Market Segmentation
The global body armor market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
|
Product Type |
Material Type |
Application |
Level |
Region |
|
|
|
|
|
Report Chapters
Chapter 01 - Executive Summary
The executive summary of the body armor market includes the market country analysis, opportunity assessment, and recommendations on the global body armor market.
Chapter 02 - Market Overview
Readers can find the detailed segmentation and definition of the body armor market in this chapter, which will help them understand basic information about the body armor market. This section also highlights the inclusions and exclusions, which help the reader understand the scope of the body armor market report. The associated industry assessment of the body armor market is carried out in this section. The macroeconomic factors affecting growth of the body armor market are provided in this section and the impact of these macroeconomic indicators on the body armor market is analyzed. The technological advancements in the body armor market is also provided. The drivers and restraints impacting the growth of the body armor market are explained in this chapter. Opportunities and ongoing trends in the body armor market are also comprehensively discussed.
Chapter 03 - Global Body Armor Market Analysis 2014-2018 and Forecast 2019-2029
This chapter includes detailed analysis of the historical body armor market (2014-2018), along with an opportunity analysis for the forecast period (2019-2029). This chapter provides details about the body armor market on the basis of product type, material type, application, level and region. This chapter explains how the Body armor market is anticipated to grow across North America, Latin America, Europe, East Asia, South Asia, Oceania and the Middle East and Africa.
Chapter 04 - North America Body Armor Market Size and Forecast, 2014-2029
This chapter includes a detailed analysis of the growth of the body armor market in the North America region, along with a country-wise assessment that includes the U.S. and Canada. This chapter provides details about the North America body armor market on the basis of product type, material type, application, level.
Chapter 05 - Latin America Body Armor Market Analysis 2014-2018 & Forecast 2019-2029
This chapter includes a detailed analysis of the growth of the body armor market in the Latin America region, along with a country-wise assessment that includes the Brazil, Mexico & Rest of Latin America. This chapter provides details about the Latin America body armor market on the basis of product type, material type, application, level.
Chapter 06 -Europe Body Armor Market Analysis 2014-2018 & Forecast 2019-2029
Important growth prospects of the body armor market based on product type, material type, application, level for all countries such as Germany, U.K., Spain, France, Italy and Rest of Europe are included in this chapter.
Chapter 07 - East Asia Body Armor Market Analysis 2014-2018 & Forecast 2019-2029
This chapter includes a detailed analysis of the growth of the body armor market in East Asia region including the important growth prospects of the body armor in several countries such as China, Japan, South Kore are included in this chapter.
Chapter 08 - South Asia Body Armor Market Analysis 2014-2018 & Forecast 2019-2029
This chapter includes a detailed analysis of the growth of the body armor market in the South Asia region, along with a country-wise assessment that includes, India, Thailand, Indonesia, and Rest of South Asia & Pacific.
Chapter 09 - Oceania Body Armor Market Analysis 2014-2018 & Forecast 2019-2029
This chapter includes a detailed analysis of the growth of the body armor market in the Oceania region, along with a country-wise assessment that includes, Australia and New Zealand.
Chapter 10 - Middle East and Africa Body Armor Market Analysis 2014-2018 & Forecast 2019-2029
This chapter offers insights into how the body armor market is expected to grow in major countries in the MEA region such as GCC Countries, Northern Africa, South Africa, and Rest of MEA, during the forecast period 2019-2029.
Chapter 11- Competition Assessment
In this chapter, readers can find detailed information about tier analysis and market concentration of the key players in the body armor market along with their market presence analysis by region and product portfolio.
Chapter 12 - Competition Deep-Dive
In this chapter, readers can find a comprehensive list of leading companies in the body armor market, along with detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are The BAE Systems; Aegis Engineering Ltd.; AR500 Armor; Craig International Ballistics Pty Ltd.; Ceradyne, Inc.; Hellweg International; Point Blank Enterprises, Inc.; Kejo Limited Company; Ballistic Body Armor Pty; Pacific Safety Products; and Safariland, LLC and others.
Chapter 13 - Disclaimer
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the body armor report. This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information, on the body armor market.
Sources and Primary Research Splits (%)
|
Industry Interactions
|
|
|
References Catalogue
|
|
COVID -19 : Impact Analysis
Request the coronavirus impact analysis across industries and markets
Request Covid -19 ImpactGet in touch
Our Clients
CASE STUDIES
See how our work makes an impact.
At FMI, we design strategies that are adaptive, impactful, and implementable.