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Body Armor Market: Development History, Current Analysis and Estimated Forecast to 2026 | Industry Players: BAE Systems, Inc, Ceredyne (3M), Uvex group, Safariland, LLC, MKU Pvt. Ltd. and others

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Body Armor Market: Development History, Current Analysis and Estimated Forecast to 2026 | Industry Players: BAE Systems, Inc, Ceredyne (3M), Uvex group, Safariland, LLC, MKU Pvt. Ltd. and others

July 03
10:36 2019
Body Armor Market: Development History, Current Analysis and Estimated Forecast to 2026 | Industry Players: BAE Systems, Inc, Ceredyne (3M), Uvex group, Safariland, LLC, MKU Pvt. Ltd. and others

Polaris Market Research
The new published report by Polaris Market Research, the global Body Armor market is anticipated to reach USD 2,510.2 million by 2026 and growing at a CAGR of 4.9% from 2019 to 2026.

The global body armor market size is expected to reach USD 2,510.2 million by 2026 according to a new study by Polaris Market Research. The report “Body Armor Market Share, Size, Trends, Industry Analysis Report By Level, By Material (Metals & Alloys, Composite, Fibers, Fiberglass and Others); By Application (Defense & Security Personnel, Law Enforcement Officers, Civilians); By Product, By Style; By Regions, Segments & Forecast, 2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

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The moving concern displayed by defense and security industry towards safety and security of military personnel is propelling the need for body armor. Several developed and developing nations are conducting modernization program in the best interests of security and military personnel. This is to offer best protection products. Developed nations such as U.S., UK, Russia and France are taking rapid strides to replace their traditional armor system with new advanced body armor. A recent move towards lightweight and flexible armor with nanotechnology materials and fibers in use has been initiated and will positively favor market in near future. Lately, precision technologies such as liquid body armor and dragon skin are contributing value to the market.

However cross-border tensions, global anarchy, regional warfare and a stimulus package by way of government thought for safety of armed forces personnel drives growth for body armor market. The body armors are devised in a manner that shunts piercing attacks and are categorized on their ability to deflect bullets. Earlier body armors were only licensed to soldiers but now due to escalating war-like tensions in the border areas, it is used by security guards, police and individuals to feel safe.

Body Armor Market By Application, 2015 - 2026 (USD Million)

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Rising incidents of clashes and frictions observed in Asia, Middle East, Sub Saharan region, Russia and other nations related to terrorism, piracy, arms smuggling, drugs and exploitation are taking a toll on human lives. Security and defense personnel are targeted and hence safety measures are deployed to prevent such crimes. These trends are anticipated to bolster market growth during forecast period.

North America and Europe seize more than half of overall body armor market. This is due to the continuing solder modernization programs conducted across these regions. Safety of soldiers is high on the agenda for the country’s defense agency without cutting any corners in the program execution. Law enforcement officials have to constantly upgrade themselves due to rising instances of arson and riots across several countries. The threat of terrorism has led to the increased implementation of body armors. The region is expected to continue its dominance over the forecast period. The markets in Asia Pacific, MEA and South American region are expected to observe high growth during coming years. The increasing growth in Asia Pacific is attributed to the increased Government expenditure in new-age technology adoption in defense. Thus, the region is expected to do highly with excellent CAGR during forecast period.

The key players in the market include BAE Systems, Inc., Honeywell International, Inc., U.S. Armor Corporation, DuPont Deenside LTD., Blank Enterprises, Inc., Sarkar Defense Solutions, MKU Pvt. Ltd., Safariland LLC, Uvex Group, Avon Protections Systems, Inc. Aegis Engineering Ltd., AR500 Armor, Ballistic Body Armour (Pty) Ltd, Craig International Ballistics Pty Ltd., Hellweg International, Kejo Limited Company, Pacific Safety Products and Ceredyne (3M) among others.

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Polaris Market research has segmented the body armor market report on the basis of level, application, material type, product type, product style and region

Body Armor Level Type Outlook (Revenue, USD Million, 2015 – 2026)

  • Level I
  • Level IIA
  • Level IIIA
  • Level III
  • Level IV

Body Armor Application Outlook (Revenue, USD Million, 2015 – 2026)

  • Defense & Security Personnel
  • Law Enforcement Officers
  • Civilians

Body Armor Material Type Outlook (Revenue, USD Million, 2015 – 2026)

  • Steel
  • UHMWPE (Ultra-high-molecular-weight polyethylene)
  • Aramid
  • Composite Ceramic
  • Others

Body Armor Product Type Outlook (Revenue, USD Million, 2015 – 2026)

  • Soft Armor
  • Hard Armor
  • Accessories

Body Armor Product Style Outlook (Revenue, USD Million, 2015 – 2026)

  • Covert
  • Overt

Body Armor Regional Outlook (Revenue, USD Million, 2015 – 2026)

  • North America
  • U.S.
  • Canada
  • Europe
  • France
  • Germany
  • UK
  • Italy
  • Russia
  • Asia Pacific
  • India
  • Japan
  • China
  • Korea
  • Latin America
  • Mexico
  • Brazil
  • Colombia
  • Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Israel
  • UAE

Leading Key Players of Body Armor Market

  • S. Armor Corporation
  • Honeywell International Inc.
  • BAE Systems, Inc.
  • Ceredyne (3M)
  • Uvex group
  • Safariland, LLC
  • MKU Pvt. Ltd.
  • Sarkar Defense Solutions
  • Blank Enterprises, Inc.
  • DuPont Deenside Ltd.
  • Aegis Engineering Ltd.
  • AR500 Armor
  • Ballistic Body Armour (Pty) Ltd.
  • Craig International Ballistics Pty Ltd.
  • Hellweg International
  • Kejo Limited Company
  • Pacific Safety Products

About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavour to deliver value-added business solutions to our customers.

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