Global Body armor market: Trends, Size, Shares and Forecasts 2019-2025

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Body Armor Market share research by applications
and regions for 2019-2025 Global Market
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Overview of Body Armor Market

• The defense sector is expected to dominate the
  body armor market in terms of revenue share over
  the forecast timeline. The growth is due to the
  high requirement of these products to protect
  soldiers and officers in wars and critical
  situations such as firing and attacks.
  Modernization in military systems and equipment
  provided to militants in several countries
  including China and the U.S. are increasing the
  demand for armors. The demand for the civilian
  application segment is expected to increase over
  the forecast period due to the rise in numbers of
  home invasions, burglaries, and robberies.
• Factors, such as high price, complex
  design-related issues, and the extra weight of
  these gears, are restraining the body armor
  market growth. Officers find it unsustainable to
  wear heavy and bulky gears for a long time as it
  drains the energy and slows down operations.
  These challenges can be overcome by designing the
  armor for all body types and shapes and
  incorporating thinner, lightweight, and multiple
  numbers of protective plates.

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• A major trend in the industry is the adoption of
  improvised fibers and unidirectional products in
  the designing process. The implementation of
  dragon skin materials in protective armors is an
  emerging trend in the market. Dragon skin
  characterizes a two-inch-wide circular disc
  overlap, creating a flexible vest that allows a
  good range of motion that is intended to absorb a
  high number of hits. These materials aid in
  improving the efficiency of protective gears. A
  recent development in the industry is the liquid
  gear. These components are lighter in weight
  compared to the traditional ones and can be used
  by soldiers to protect their arms and legs.
• Steel gears in the body armor market segment is
  expected to witness the highest growth in revenue
  shares. The growth can be attributed to the high
  protection properties provided by steel,
  bulletproof to a high extent, and durable
  compared to other materials. Steel-plated armors
  are extensively used by soldiers and police
  officers during risky operations to get added
  protection. The demand for these armors is
  increasing in the defense industry due to their
  ability to handle precision rounds at the same
  place. The growing emphasis on enhancing personal
  protection for ground troops and armed forces
  will support the demand for steel-plated body
  armors over the forecast period.

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• The North America body armor market will grow at
  the highest rate over the forecast timeline.
  Military and defense initiatives in the country,
  such as Army Soldier Protection Systems, adopted
  for providing fully advanced body armors to
  soldiers and cops accelerate the industry growth.
  The need to ensure the security of armed forces
  due to the increasing number of terrorist attacks
  is fueling the industry growth.
• The increasing warfare and cross border disputes
  in the Asia Pacific countries including China and
  South Korea are supporting the demand for
  advanced body armors. Additionally, the countries
  including India and Japan are expected to witness
  growth owing to increased government investments
  for the welfare of defense and military sectors.
  Several countries including India and Germany are
  anticipated to increase their military
  recruitment to recover the shortage of military
  personnel, providing lucrative growth
  opportunities to the market development.

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• The players operating in the body armor market
  include Aegis engineering Ltd., BAE Systems,
  Ballistic Body Armor (Pty) Ltd., Kejo Limited
  Company, AR500 Armor, XTEK Limited, Hellweg
  International, Safariland LLC, Pacific Safety
  Systems, and Point Black Enterprises. Several
  manufacturers in the market are adopting business
  expansion strategies, such as mergers
  acquisitions, partnerships, and collaborations.
  For instance, in July 2019, XTEK Limited
  announced the acquisition of HighCom, a supplier
  of safety armors, helmets, and shields based in
  the U.S. The acquisition will help XTEK to gain
  direct access to HighComs distribution network
  and existing manufacturing capabilities to expand
  its business in the U.S.

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Methodology

• Market
  research reports Key analytical components

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