Body Armor Market
Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key
Players, Competitive Strategies And Forecasts, 2017 To 2025
Body Armor
Market(Product Type – Type I, Type II-A, Type II, Type III-A, Type III, Type
IV; Material Type – UHMWPE, Steel, Composite Ceramic, Aramid and Others;
Application – Defense, Law Enforcement and Others) Market – Growth, Future
Prospects and Competitive Analysis, 2017 – 2025, the global body armor market
is estimated to hit US$ 8.5 Bn by 2025.
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Market Insights
Body armors have
been an important part of the defense system and its utility cannot be
overlooked considering that it often acts as a life savior. The development of
body armors have a come a long way in the manner, when earlier it just acted as
a shield against not lethal weapons. Today, body armor not only provide
protection from lethal weapons but also are technologically advanced and lightweight.
The life savior tag associated with body armors makes them highly popular
across the defense and law enforcement sectors.
The overall body
armor market is primarily driven by the ongoing soldier modernization programs
implemented across various countries. Soldier safety is one of the top most
priorities for the defense agencies of any country. In this regard, these
agencies are in no manner willing to compromise on the safety of their
soldiers. This has emerged as a major factor contributing to the body armor
market growth. Moreover, even the law enforcement bodies are in the constant
need to upgrade the safety of their police forces, as a result of increasing
instances of riots and violence across various countries. In addition, the
growing threat of terrorism too has led to increased adoption of body armors.
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North America, on
account of its various survivability-based soldier modernization programs, is
the most important market for body armors. Moreover, the huge size of the U.S.
army also impacts the body armor market growth in the region positively. Europe
is the second largest market for body armors. The presence of a large number of
military advanced countries in the region has contributed to this cause.
Moreover, the immigration issue being faced across many countries in Europe is
also acting as a driver for the body armor market.
The overall body
armor market is categorized on the basis of product type, material type and
application. Based on the product types, the market is classified into Type I,
Type II-A, Type II, Type III-A, Type III and Type IV. The market is
categorized, based on material type, into UHMWPE (Ultra High Molecular Weight
Polyethylene), steel, composite ceramic, aramid and others. On the basis of
application, the market has been segmented into defense, law enforcement and
others. The others segment includes body guards, security guard and private
citizens. As of 2016, the market is led by the defense segment, accounting for
more than fifty percent of the total market revenue generated worldwide.
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Key Trends
• Introduction of innovative products, such as modular tactical vests
• Usage of nanotechnology materials and fibers for manufacturing lightweight and flexible armor
• Usage of advanced ballistic materials to enhance the survivability
• Introduction of innovative products, such as modular tactical vests
• Usage of nanotechnology materials and fibers for manufacturing lightweight and flexible armor
• Usage of advanced ballistic materials to enhance the survivability
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