Body Armor Market Value to Reach US$ 3,231 Mn by 2029 - PowerPoint PPT Presentation

View by Category
About This Presentation
Title:

Body Armor Market Value to Reach US$ 3,231 Mn by 2029

Description:

The global body armor market size is expected to reach ~US$ 3,231 Mn by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at a CAGR of ~5.2% between 2019 and 2029. According to the report, rapid escalation on boarder line, ensuring soldier survivability, and cross-border terrorist insurgencies are the major factors that drive the requirement of body armor products in the market. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market. – PowerPoint PPT presentation

Number of Views:1
Date added: 20 March 2020
Slides: 10
Provided by: vaibhavsharma00751

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: Body Armor Market Value to Reach US$ 3,231 Mn by 2029


1
Body Armor Market
  • March 2020

Report Id REP-AS-11146 Published On
March-2020 Category Retail and Consumer Products
2
About Future Market Insights
Future Market Insights (FMI) is a premier
provider of syndicated research reports, custom
research reports, and consulting services. We
deliver a complete packaged solution, which
combines current market intelligence, statistical
anecdotes, technology inputs, valuable growth
insights, aerial view of the competitive
framework, and future market trends. We provide
research services at a global as well as regional
level key regions include GCC, ASEAN,
and BRIC. Our offerings cover a broad spectrum of
industries including Chemicals, Materials,
Energy, Technology, Healthcare, and Retail. We
have a global presence with delivery centers
across India specializing in providing global
research reports and country research reports.
FMI is headquartered out of London, U.K., with a
state-of-the-art delivery center located in Pune,
India. We combine our knowledge and learning from
every corner of the world to distill it to one
thing the perfect solution for our client.
Research Capabilities
Sector Coverage
  • Customized Research
  • Syndicated Research
  • Investment Research
  • Social Media Research

  • Automotive and Transportation
  • Electronics, Semiconductor, and ICT
  • Retail and Consumer Products
  • Industrial Automation and Equipment
  • Chemicals Materials
  • Food and Beverages
  • Services and Utilities
  • Energy, Mining, Oil, and Gas

Subscription Information

For detailed subscription information please
contact Hari. T (Sr. Manager - Global Business
Development) T 44 (0) 20 7692 8790 D 44
20 3287 4268 Email hari.t_at_futuremarketinsights.co
m
3
Research Methodology (1/2)
  • Systematic Research Approach

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
FMI formulates a detailed discussion guide to conduct expert and industry interviews
FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts
FMI conducts interviews with industry experts, industry players, distributors and retailers
Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data
Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry
FMI delivers industry insights and information in the required format (PDF)
  • Identifying key opinion leaders
  • Questionnaire design
  • In-depth interviews
  • Coverage across value chain
  • Key industry experts
  • Channel study
  • Developments
  • Market dynamics
  • Products
  • Conclusions

SOLUTION
  • Market participants
  • Key strengths
  • Product portfolio
  • Mapping as per value chain
  • Key focus segments

Primary Research
Secondary Research
Paid Publications
  • Linkedin
  • Zoominfo
  • Salesforce
  • Avention
  • Factiva
  • GBI
  • Genios
  • Meltwater
  • Company websites
  • Company annual reports
  • White papers
  • Financial reports

includes sources of databases
4
Body Armor Market Analysis
  • 2019 Analysis and Review of Body Armor
    Market by Application - Defence Security
    Personnel, Law Enforcement Officers, and
    Civilians for 2019 2029
  • The global body armor market size is expected to
    reach US 3,231 Mn by the end of 2029. According
    to a study by Future Market Insights (FMI), the
    market will show a steady rise at a CAGR of 5.2
    between 2019 and 2029.
  • According to the report, rapid escalation on
    boarder line, ensuring soldier survivability, and
    cross-border terrorist insurgencies are the major
    factors that drive the requirement of body armor
    products in the market.
  • The report offers a comprehensive overview of the
    market, covering key growth drivers, restraints,
    opportunities, and prevailing trends. It uses
    unique research methods to offer the most
    accurate analysis of the market.

5
Body Armor Market Analysis
  • It includes in-depth insights into the body armor
    market. Some of these are
  • The estimated value of the market was at US
    1,946 Mn in 2019. Through the course of the
    reports forecast period, the market is exhibited
    to show a steady pace of growth.
  • Regionally, North America dominates the body
    armor market globally.
  • East Asia emerges as one of key markets owing to
    increasing focus on defense and ensuring safety
    of soldiers in the country.
  • The level II segment body armors are expected to
    expand at highest CAGR owing to surge in demand
    in the law enforcement application segment.
  • The composite ceramics segment dominated the
    market in 2019 in terms of revenue.
  • Key players are likely to focus on new product
    innovation such as developing lightweight and
    hi-tech bodysuits for delivering enhanced
    performance, comfort, and flexibility.
  • Press Release Source https//www.futuremarketins
    ights.com/press-release/body-armor-market

6
Body Armor Market Analysis
  • Soft Body Armor to Uplift the Market Scale
  • Soft body armor are the most preferred body armor
    among private security guards and policemen where
    flexibility and comfortable movement are of
    paramount importance.
  • Advancement in technology, and growing security
    concern of guards, policemen have pushed the
    market for lightweight body armor which is found
    as soft body armor.
  • Technological innovations and modernization
    initiatives prompt security agencies and military
    forces to opt for the latest equipment. Moreover,
    flexibility and lightweight feature of soft body
    armor pushes the market further for higher usage.
  • Composite Ceramics Segment to Dominate the Market
  • The composite ceramic material of body armor are
    considered to hold the major market share in 2019
    owing to its high usage in body armor.
  • The composite ceramic material perform well in
    resistance of ballistic attack. Moreover, it is
    lightweight which gives the user of flexible
    movement and thus known for high performance
    material type.

7
Body Armor Market Analysis
  • About Retail Consumer Products division of FMI
  • Expert analysis, in-depth insights, and
    strategic recommendations - the Retail Consumer
    Products team at Future Market Insights helps
    clients from all over the globe with their unique
    business intelligence needs.
  • With a repertoire of over 500 reports, the
    team has analyzed the consumer goods
    industry lucidly in 80 countries for over a
    decade.
  • We provide end-to-end research database on
    retail consumer products market and consulting
    services reach out to explore how we can help.

8
Body Armor Market Analysis
About Us Future Market Insights (FMI) is a
leading market intelligence and consulting firm.
We deliver syndicated research reports, custom
research reports and consulting services which
are personalized in nature. FMI delivers a
complete packaged solution, which combines
current market intelligence, statistical
anecdotes, technology inputs, valuable growth
insights and an aerial view of the competitive
framework and future market trends.
9
To know more about us, please visit our website
www.futuremarketinsights.com For sales queries
or new topics email us on sales_at_futuremarketinsi
ghts.com For media queries, contact the press
office at press_at_futuremarketinsights.com For
other queries contact Hari. T (Sr. Manager -
Global Business Development) Future Market
Insights 3rd Floor, 207 Regent Street, London
W1B 3HH T 44 20 7692 8790 D 44 20 3287
4268 Email hari.t_at_futuremarketinsights.com
Thank You
Future Market Insights Global Consulting
Private Limited (FMI)
About PowerShow.com