The Body Armor Market is segmented by Type (Soft and Hard Armors, Clothing, Helmets, and Accessories), Purpose (Military and Civilian), and Geography. The global body armor market size was valued at USD 2.1 billion in 2018 and is expected to expand at a CAGR of 5.5% from 2019 to 2025. The level II panel offers protection against 9-mm handguns, 44 magnums, and 9-mm sub-machine guns, and is lightweight in nature. Which segment accounted for the largest body armor market share? The lightweight feature particularly enhances the mobility and response time of security personnel, law enforcement officers, and military troops. Emerging economies such as India and China are persistently focusing on the replacement of legacy military equipment and are subsequently increasing their spending on the defense sector. The level II segment is anticipated to exhibit a noticeable CAGR of 6.1% from 2019 to 2025. The Body Armor market revenue was xx.xx Million USD in 2013, grew to xx.xx Million USD in 2017, and will reach xx.xx Million USD in 2023, with a CAGR of x.x% during 2018-2023. 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. North America dominated the body armor market with a share of 33.4% in 2019. The increase in recruitment of military personnel to overcome the deficit may generate demand for body armors in this region during the forecast period. Artificial Intelligence (AI), Virtual Reality (VR), and Augmented Reality (AR) solutions are anticipated to substantially contribute while responding to the COVID-19 pandemic and address continuously evolving challenges. The defense segment accounted for the largest share of the overall revenue in 2018. This report has a service guarantee. In addition to news and developments in the body armor industry we are also centralizing information on all body armor manufacturers right here. This research report will give a clear idea to readers about the overall market scenario to further decide on this market projects. Industry players are emphasizing on developing lightweight and hi-tech bodysuits for delivering enhanced comfort, flexibility, and performance. The factors contributing to the growth of the market are technological advancements and the introduction of … Body armor is a layer of protection worn by military personnel. Government military programs such as the Soldier Protection System-Torso and Extremity Protection (SPS-TEP) program for providing full body armors to armed forces are anticipated to incite the growth of the regional 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. All Rights Reserved to Mordor Intelligence. Usage of AI can help in reducing operating costs, and at the same time, can increase customer satisfaction during the renewal process, claims, and other services. A large-scale modernization of traditional systems in emerging economies and increasing instances of warfare and border disputes in the Asia Pacific countries such as India, China, and South Korea are driving the demand for body armors in Asia Pacific. Press release - Report Consultant - Body Armor Market Size, Status, Growth Opportunity and Business Scenario 2020 to 2028 | BAE Systems, Ceradyne, Hellweg, Kejo, Safariland - published on openPR.com Down Range Industries manufactures the highest of quality and most affordable AR500 Body Armor, Trauma Pads, Steel Targets and Kydex Holsters. Market Overview. that helps absorb the impact and reduce or stop penetration to the body from firearm -fired projectiles - and shrapnel from explosions, and is worn on the torso. To understand key trends, Download Sample Report. The Global Body Armor market is anticipated to reach USD 4.83 billion by 2026 according to a new research report. 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. For this study, Grand View Research has segmented the global body armor market report based on level, application, material, product by type, product by style, and region: Level Outlook (Revenue, USD Million, 2014 - 2025), Application Outlook (Revenue, USD Million, 2014 - 2025), Material Outlook (Revenue, USD Million, 2014 - 2025), Product by Type Outlook (Revenue, USD Million, 2014 - 2025), Product by Style Outlook (Revenue, USD Million, 2014 - 2025), Regional Outlook (Revenue, USD Million, 2014 - 2025). The Asia-Pacific body armor market is expected to register the highest CAGR during the forecast period. 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. Addition or alteration to country, regional & segment scope. It is used as protective clothing, designed to absorb and for bludgeoning, to deflect slashing, and penetrating attacks by weaponries. This report also incorpZorates a list of major… The region’s growth is further accelerated by higher military spending in countries such as the U.S. and Canada. European countries such as Italy and U.K. witnessed a reduction in military spending since 2008, owing to macroeconomic conditions. Earlier, only soldiers were given the license to use it, but nowadays, it is also used by security guards, police, and other individuals, in order to feel safe and protect themselves from incoming attacks. It has been adopted by the United States Special Operations Command (USSOCOM). Further, VR/AR can also prove to be a valuable solution in providing remote assistance as it can support in avoiding unnecessary travel. However, the industry is highly susceptible to the effects of existing economic conditions. Report scope can be customized per your requirements. 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 Summary. Majority of the players are based in North America. Size, restraints, challenges, current trend, and opportunity are some of the other factors which are also included in the report. A thorough study of the competitive landscape of the Body Armor Market has been given, presenting insights into the company profiles, financial status, recent developments, mergers and acquisitions, and the SWOT analysis. Copyright © 2020 Grand View Research, Inc. All rights reserved. If you would like to add your company or report a body armor manufacturer that is not listed please contact us. Analysis Report on Body Armor Market A report on global Body Armor market has hit stands. Global Body Armor Market Research Report 2018 has complete details about market of Body Armor industry, Body Armor analysis and current trends. Explore purchase options. Furthermore, demand in the civilian application segment is anticipated to increase significantly over the forecast period owing to a rise in burglaries, home invasions, and robberies, which are driving the demand for armor suits among the general public. The surge in military warfare is propelling the need for ballistic protection equipment for safeguarding the army personnel. The Global Body Armor Market Report render a comprehensive definition of the market followed by various factors associated with the market which eventually impact the market structure. Hard variants tend to be comparatively heavier and thicker as compared to soft armor. The report provides key statistics on the market status of the Body Armor manufacturers and is a valuable source of guidance and direction for companies and ind. Steel; Ultra-high-molecular-weight polyethylene (UHMWPE) Composite Ceramic What are the factors driving the body armor market? We stand by our report quality. Overt body armors are worn on the top of the clothing and are often bulkier and heavier as they are engineered using various layers of Kevlar. Increasing focus of defense agencies on ensuring soldier survivability is driving the demand for personal safety equipment and suits AMERICAN MADE! 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. For instance, private security guards and policemen consider a soft armor to be their ideal choice. Manifold advantages such as better ballistic resistance, higher performance, and lightweight as compared to steel plates are propelling the demand for use of composite ceramic materials in body armor.