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Body Armor Market By Product (Type I, Type Ii-A, Type Ii, Type III-A, Type III, Type III-A, Type III, Type IV) - Growth, Future Prospects, And Competitive Analysis, 2017 -2025

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. 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. Economic and technological necessities of armor production are one of the most significant factors that have affected the development of body armour. The development of body armour and effective weaponry have gone hand-in-hand, with advancement in one resulting in the advancement of the other as well. Considering the increasing instances of riots and violence, body armour is growing in popularity day by day.

Implementation of soldier modernization programs across various countries is one of the most important factors driving the body armour market's growth. Body armors addressing futuristic requirements such as sustainability, survivability, lethality, and mobility are in demand and have been an area of focus for body armour manufacturers. An increase in terrorist attacks is another important factor that has contributed to the growing demand for body armour. There has been a rise in jihadist movements across various countries, and terrorist organizations are constantly carrying out country-wide attacks against the government. In order to counter these attacks, there is a need to deploy army and law enforcement forces with proper body armor and shields. This further acts as a demand propeller for the body armour market.

The report titled "Global Body Armor Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025" offers strategic insights into the global body armour market along with the market size and estimates for the duration of 2015–2025. The said research study covers an in-depth analysis of market segments based on product type, material type, application, and a cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2016 and 2025. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities. In addition, the report includes a section providing insights into the key trends followed in the market.

The report also includes competitive profiling of the leading body armour vendors, their business strategy analysis, market positioning, and key developments to assist strategic decision-makers. Some of the major players profiled in the report are BAE Systems Plc., Point Blank Enterprises, Inc., ArmorSource LLC, Australian Defense Apparel Pty Ltd., MKU Pvt. Ltd., Sarkar Defense Solutions, Survitec Group Limited, Safariland, LLC, KDH Defense Systems, Inc., and Honeywell International, Inc., among others. Apart from the company profiles, the report includes a section covering the competitive landscape, wherein the market positioning of the companies is discussed. The section also provides an overview of the key business strategies employed by the leading market participants.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the body armor market
  • Comparative analysis for different segments for the years 2016 and 2025
  • Market fuelers, market impediments, and their impact on market growth
  • In-depth competitive environment analysis, including the positioning of market players and their business strategy analysis
  • Trailing 2-year market size data (2015–2016)
  • SRC (Segment, Region, Country) Analysis

Overall, the research study provides a holistic view of the global body armour market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.

On the basis of product type, the global body armor market is segmented into the following categories:

  • Type I
  • Type II-A
  • Type II
  • Type III-A
  • Type III
  • Type IV

As of 2016, the overall body armour market is led by the Type IV segment. The segment contributes to more than one-fourth of the total market revenue as of 2016. Type III and Type III-A follow the Type IV segment in terms of revenue. The Type IV segment growth is primarily attributed to its wide adoption by militaries across the world, considering that it provides the highest levels of protection amongst all the other product types. It is capable of providing protection against 30-calibre armor-piercing bullets along with single-hit protection from type I, type II-A, type II, and type III threats.

During the forecast period, the demand for type II-A body armour is expected to be high as a result of its increasing adoption in the area of law enforcement. It is one of the most popular body armors among police personnel. The body armour type II-A claims to protect against 40 Smith & Wesson (S&W) ammunition. Moreover, police modernization programs are also acting as a driving factor for the growth of the type II-A body armour segment.

Based on geography, the global body armour market is segmented as per the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • South Asia
    • Rest of Asia Pacific
  • Rest of the World (RoW)
    • Middle East and Africa (MEA)
    • Latin America

The global body armour market is dominated by the North American region. As of 2016, the region accounted for more than 45 percent of the overall market revenue generated worldwide. The body armour market here is majorly attributed to the various initiatives revolving around police and soldier modernization. Moreover, the large size of the U.S. army is also responsible for North America being the largest market for body armour. Some of the largest body armour manufacturing companies, such as Point Blank Enterprises, Inc., Safariland, LLC, and Honeywell International, Inc., are headquartered in the region, thereby supporting market growth here.

The presence of a large number of countries in Europe with advanced militaries and law enforcement makes it an important market for body armor. Europe follows North America in terms of revenue in the market. The increased emphasis on modernizing soldier and law enforcement safety equipment drives the market here. Furthermore, rising terrorist threat concerns, combined with the immigration issue confronting many countries, are driving up demand for body armour in the region. 

Frequently Asked Questions:

The market for Body Armor is expected to reach US$ 8.5 Bn in 2025.

The Body Armor market is expected to see significant CAGR growth over the coming years,at XX%.

The report is forecasted from 2017-2025.

The base year of this report is 2016.

BAE Systems,Point Blank Enterprises, Inc.,ArmorSource LLC,Australian Defence Apparel Pty Ltd,MKU Pvt. Ltd. are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Oct 2017
Category:  Aerospace & defense
Report ID:   58742
Report Format:   PDF
Pages:   120
Rating:    4.8 (70)
Delivery Time: 24 Hours to 48 Hours   
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