Body Armor Market size is projected to reach USD 3.0 billion by 2025, according to a new report published by Million Insights, with a CAGR of 5.5% from 2019 to 2025. The emergence of warfare has considerably become asymmetric and consists of counter-insurgency and counter-terrorism. These conditions further prevail in the law enforcement division, wherein, criminals, law offenders, and felons can severely injure police officers thus, establishing the need for body armors.
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Market Synopsis of Body Armor Market:
The rise in warfare is fueling
the demand for better ballistic protection products to protect the armed
forces. Developing countries like China, India, and South Korea are focusing on
replacing the conventional military equipment. Modernization methods have
opened new avenues for market participants. Manufacturers are also merging with
various military agencies on a contractual basis to acquire a competitive
advantage.
Technological innovations have
bolstered the body armor market growth thus, increasing the demand for products
like dragon skin and liquid body armor. Moreover, the need for double-sided
enclosed uniforms and modular tactical vests is rising because of its
advantages like higher protection.
The established market players
are increasing spending on R&D activities to produce advanced fabrics,
nanotechnology materials, and fibers to provide effective body armors. The
application of modular tactical vests has increased and these are replacing the
traditional outer tactical vests (OTVs) that control an officer’s efficiency to
carry extra assault loads like grenades and firearms.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Body Armor: Market
Variables, Trends & Scope
Chapter 4 Body Armor: Product
Estimates & Trend Analysis
Chapter 5 Body Armor: Application
Estimates & Trend Analysis
Chapter 6 Body Armor: End-use
Estimates & Trend Analysis
Chapter 7 Body Armor: Industrial
End-use Estimates & Trend Analysis
Chapter 8 Body Armor: Regional
Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Body Armor:
Manufacturers Company Profiles
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