body armor industry report

The existing situation owing to the outbreak of the epidemic will inspire pharmaceutical vendors and healthcare establishments to improve their R&D investments in AI, acting as a core technology for enabling various initiatives. Global Body Armor Market Research Report 2019-2029. Body Armor Market - Growth, Trends, and Forecasts (2020 - 2025). Key players dominating the market include Aegis Engineering Ltd.; AR500 Armor; BAE Systems; Ballistic Body Armor Pty; Craig International Ballistics Pty Ltd.; Ceradyne, Inc.; Hellweg International; Kejo Limited Company; Pacific Safety Products; Point Blank Enterprises, Inc.; and Safariland, LLC. Report scope can be customized per your requirements. North America dominated the global body armor market in 2018. This report studies Body Armor in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. Body Armor Market By Material Type - Steel, UHMWPE, Aramid, Composite Ceramic, Others; By Product Type - Soft, Hard, Accessories; By Application - Defence & Security Personnel, Law Enforcement Officers, and Civilians. Soft armor is considered to be an ideal choice for professions where flexibility and comfortable movement are of paramount importance, owing to the lightweight feature of these variants. This report has a service guarantee. This resource can be used for numerous purposes and will be updated on a regular basis. This report provides forecasts for revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2014 to 2025. The region’s growth is further accelerated by higher military spending in countries such as the U.S. and Canada. The report will account for Covid19 as a key market contributor. It also offers a higher level of protection as compared to the softer product variants. These armors are well-suited for police forces and offer protection against 9mm full metal jacket rounds and .40 Smith & Wesson (S&W) ammunition. The overt segment dominated the market in 2018 and is projected to continue its domination over the forecast period. Demand for level IIA is also anticipated to increase over the forecast period. Currently, the military segment of the body armor market has the largest market share, and it is expected to continue its dominance during the forecast period. Body armor is a layer of protection worn by military personnel. Avail customized purchase options to meet your exact research needs. It has been adopted by the United States Special Operations Command (USSOCOM). Our support available to help you 24 hours a day, five days a week. The evolution of warfare has largely become asymmetric in nature and includes counter-terrorism and counter-insurgency. This is attributable to higher military spending in countries such as the U.S. and Canada. This research report will give a clear idea to readers about the overall market scenario to further decide on this market projects. The development of new and advanced body armors, like soldier exoskeletons, by companies, like Rostec, is expected to generate a huge demand in the future. IBISWorld's statistic shows that as of 2020 the market size of the Body Armor Manufacturing industry is $694.9m an increase of 1.31% from 2019. This report also incorpZorates a list of major… The market is expected to grow at a CAGR of 5% during the forecast period of 2020-2025. The surge in military warfare is propelling the need for ballistic protection equipment for safeguarding the army personnel. The body armor market is expected to record a CAGR of over 3.5% during the forecast period (2020-2025). online dashboard trial. Body armors have been upgraded constantly from the use of easily accessible materials, such as natural fibers made from silk, cotton, and thatch (which are woven in textile forms), to various metals, such as iron, steel, and copper (which are used in chainmail and plate forms), and further to the technologically complex variants that are being currently used by law enforcement and armed services. The global body armour market attained a value of USD 2.5 billion in 2019. With the increase in terrorism and hostile activities around the world, various armed forces and law enforcement agencies are procuring body armors and accessories, which is currently driving the market. Summary ICRWorlds Body Armor market research report provides the newest industry data and industry future trends, allowing you to identify the … Free report customization (equivalent up to 8 analysts working days) with purchase. Technological advances and introduction of innovative products such as modular tactical vests and military modernization programs such as the U.K.’s Future Infantry Soldier Technology (FIST) program and France’s FELIN program are the key factors driving the market. Research Corridor new comprehensive study on body armor market offers in-depth analysis on industry trends, market size, competitive analysis and market forecast - 2020 to 2027. Key factors that are driving the body armor market growth include continuous innovation of new materials for better ballistic resistance and increasing demand for ensuring soldiers’ safety and survivability across the world. Industry players are emphasizing on developing lightweight and hi-tech bodysuits for delivering enhanced comfort, flexibility, and performance. This benefit makes it ideal for use by a very important person (VIP) and security staff who do not prefer showcasing the armor. Global Body Armor Market – Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026 Request for Customization Inquiry Before Buying Report Details The level II segment is anticipated to exhibit a noticeable CAGR of 6.1% from 2019 to 2025. Further, VR/AR can also prove to be a valuable solution in providing remote assistance as it can support in avoiding unnecessary travel. For instance, Combatiente Futuro of Spain, Soldier Modernization Program - SMP of the Netherlands, NORMANS of Norway, Soldado do Futuro of Portugal, IMESS of Switzerland, MARKUS of Sweden, FIST of Belgium, Projekt TYTAN of Poland, and 21st Century Soldier of the Czech Republic, among others, are the current future soldier programs taking shape in Europe. For instance, private security guards and policemen consider a soft armor to be their ideal choice. The increase in recruitment of military personnel to overcome the deficit may generate demand for body armors in this region during the forecast period. Body Armor Materials Market Size, Type Analysis, Application Analysis, End-Use Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2019-2026 ID : ME_051771 Format : PDF September, 2019 Pages : 143 Share, industry report, 2019-2025 or a standard uniform for the largest armor. 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