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Global Body Armor Market to reach USD 3.4 billion by 2028.

Global Body Armor Market Size study, by Level Outlook (Level I, Level IIA, Level II, Level IIIA, Level III, Level IV), by Material Type (Steel, UHMWPE, Aramid, Composite, Ceramic, Others), by Product Type (Soft Armor, Hard Armor, Accessories), by Application (Defense, Law Enforcement Protection, Civilians) and Regional Forecasts 2022-2028

Product Code: OIRCGS-12463326
Publish Date: 10-05-2022
Page: 200

Global Body Armor Market is valued at approximately USD 2.3 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.4 % over the forecast period 2022-2028. Body Armor is protective clothing meant to absorb or deflect physical strikes. Sales in the market are likely to be driven by a growing emphasis on personnel protective gear in the military and defense sectors. On the back of increased government investments in the military sectors around the world, demand for defense and security employees will grow. Furthermore, over the projection period, technical developments in ceramic plates and steel protective gear would continue to enhance sales in this segment. Rapid technical breakthroughs, as well as the widespread availability of lightweight Body Armor around the world, will propel the Body Armor industry forward. In addition, rising crime rates and mass shootings have increased the demand for Body Armor for law enforcement protection efforts. For instance, Pinnacle Armor sells Dragonskin which is made up of bulletproof ceramic sheets embedded in a flexible layer that mimics fish scales. Over the forecast period, such advancements are projected to generate growth prospects for participants in the Body Armor industry. To acquire a competitive advantage in the market, manufacturers. are also pursuing mergers, acquisitions, and collaborations. For instance- DuPont Deenside Ltd. purchased Tex Tech’s Core Matrix Technology in February 2021. It’s a monolithic fabric structure that decreases back damage while also improving ballistic performance for military and law enforcement personnel. However, issue such as reducing the weight of the Body Armor without sacrificing quality is a challenge that may impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Body Armor Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Due to the presence of one of the world’s major defense and military industries, the United States is anticipated to maintain its dominance in the North American market. For example, in 2019, the United States Army ordered more than USD 40 million in Body Armor vests and accessories from KDH Defense Systems Inc. Globally the sales of Body Armor are likely to increase over the forecast period 2022-2028, owing to a growing emphasis on personnel protective gear in the military and defense sectors.

Major market players included in this report are:
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.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Level Outlook:
Level I
Level IIA
Level II
Level IIIA
Level III
Level IV
By Material Type:
Steel
UHMWPE
Aramid
Composite Ceramic
Others
By Product Type:
Soft Armor
Hard Armor
Accessories
By Application:
Defense
Law Enforcement Protection
Civilians
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Body Armor Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Body Armor Market, by Region, 2020-2028 (USD Billion)
1.2.2. Body Armor Market, by Level Outlook, 2020-2028 (USD Billion)
1.2.3. Body Armor Market, by Material Type, 2020-2028 (USD Billion)
1.2.4. Body Armor Market, by Product Type, 2020-2028 (USD Billion)
1.2.5. Body Armor Market, by Application, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Body Armor Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Body Armor Market Dynamics
3.1. Body Armor Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Raising demand for concealable Armor from law enforcement officers
3.1.1.2. Increasing government investments to boost the defence sector
3.1.2. Market Challenges
3.1.2.1. Back pain and injuries caused by the heavyweight of Body Armor
3.1.3. Market Opportunities
3.1.3.1. Technological advancement to produce lightweight Body Armor
Chapter 4. Global Body Armor Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Body Armor Market, by Level Outlook
6.1. Market Snapshot
6.2. Global Body Armor Market by Level Outlook, Performance – Potential Analysis
6.3. Global Body Armor Market Estimates & Forecasts by Level Outlook, 2018-2028 (USD Billion)
6.4. Body Armor Market, Sub Segment Analysis
6.4.1. Level I
6.4.2. Level IIA
6.4.3. Level II
6.4.4. Level IIIA
6.4.5. Level III
6.4.6. Level IV
Chapter 7. Global Body Armor Market, by Material Type
7.1. Market Snapshot
7.2. Global Body Armor Market by Material Type, Performance – Potential Analysis
7.3. Global Body Armor Market Estimates & Forecasts by Material Type, 2018-2028 (USD Billion)
7.4. Body Armor Market, Sub Segment Analysis
7.4.1. Steel
7.4.2. UHMWPE
7.4.3. Aramid
7.4.4. Composite Ceramic
7.4.5. Others

Chapter 8. Global Body Armor Market, by Product Type
8.1. Market Snapshot
8.2. Global Body Armor Market by Product Type, Performance – Potential Analysis
8.3. Global Body Armor Market Estimates & Forecasts by Product Type, 2018-2028 (USD Billion)
8.4. Body Armor Market, Sub Segment Analysis
8.4.1. Soft Armor
8.4.2. Hard Armor
8.4.3. Accessories
Chapter 9. Global Body Armor Market, by Application
9.1. Market Snapshot
9.2. Global Body Armor Market by Application, Performance – Potential Analysis
9.3. Global Body Armor Market Estimates & Forecasts by Application, 2018-2028 (USD Billion)
9.4. Body Armor Market, Sub Segment Analysis
9.4.1. Defense
9.4.2. Law Enforcement Protection
9.4.3. Civilians
Chapter 10. Global Body Armor Market, Regional Analysis
10.1. Body Armor Market, Regional Market Snapshot
10.2. North America Body Armor Market
10.2.1. U.S. Body Armor Market
10.2.1.1. Level Outlook breakdown estimates & forecasts, 2018-2028
10.2.1.2. Material Type breakdown estimates & forecasts, 2018-2028
10.2.1.3. Product Type breakdown estimates & forecasts, 2018-2028
10.2.1.4. Application breakdown estimates & forecasts, 2018-2028
10.2.2. Canada Body Armor Market
10.3. Europe Body Armor Market Snapshot
10.3.1. U.K. Body Armor Market
10.3.2. Germany Body Armor Market
10.3.3. France Body Armor Market
10.3.4. Spain Body Armor Market
10.3.5. Italy Body Armor Market
10.3.6. Rest of Europe Body Armor Market
10.4. Asia-Pacific Body Armor Market Snapshot
10.4.1. China Body Armor Market
10.4.2. India Body Armor Market
10.4.3. Japan Body Armor Market
10.4.4. Australia Body Armor Market
10.4.5. South Korea Body Armor Market
10.4.6. Rest of Asia Pacific Body Armor Market
10.5. Latin America Body Armor Market Snapshot
10.5.1. Brazil Body Armor Market
10.5.2. Mexico Body Armor Market
10.6. Rest of The World Body Armor Market

Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. Aegis Engineering Ltd.
11.2.1.1. Key Information
11.2.1.2. Overview
11.2.1.3. Financial (Subject to Data Availability)
11.2.1.4. Product Summary
11.2.1.5. Recent Developments
11.2.2. AR500 Armor
11.2.3. BAE Systems
11.2.4. Ballistic Body Armor Pty
11.2.5. Craig International Ballistics Pty Ltd.
11.2.6. Ceradyne, Inc.
11.2.7. Hellweg International
11.2.8. Kejo Limited Company
11.2.9. Pacific Safety Products
11.2.10. Point Blank Enterprises, Inc.
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

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