Press release
Military Body Armor Market 2018-2023 Worldwide Overview By 3M, BAE, Coorstek, Du Pont, Elmon, Honeywell, Safariland and Survitec
Military Body Armor HighlightsMarket research future published a half cooked research report on the global military body armor market. Military Body Armor market is estimated to witness a CAGR of approximately 5% by the year 2023.
Global Military Body Armor Market Report by Protection Level (Type 1, Type 2-A, Type 2, Type 3, Type 3-A, Type 4), Protection Type (Ballistic, Spike, Edged Blade Protection), Material (Steel, Ceramics, Aramid, UHMWPE), and Region - Forecast Till 2023
Body armor refer to protective clothing, designed to absorb slashing, bludgeoning and penetrating attacks by weapons. Soldiers are exposed to high-calibre fire, explosives and have to manoeuvre through highly-volatile zones. This is why it is very important that they are protected with the highest level of ballistic resistant vests. they typically issued government-approved body armour to wear when they are going to high-risk zones.
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The military body armor market has been segmented by protection level, protection type, material, and region. Based on material, the market has been further segmented into steel, composite ceramics, aramid, Ultra-High-Molecular-Weight Polyethylene (UHMWPE), and others. Composites ceramics are widely used in most hard armor plates, along with aramid backing, such as Kevlar.
By region, the global military body armor market has been segmented by North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. North America accounted for the largest market share in 2017, owing to the huge investments on military body armor by the US and Canada. Moreover, the US has the presence of major players, such as 3M, Coorstek Inc., Du Pont, and Honeywell. Likewise, Europe is one of the leading regions in the market, owing to the rising demand for body armor in countries, such as the UK, France, Russia, and Germany is majorly contributing to the growth of the market.
Key Players
The key players in the military body armor market are 3M (US), BAE Systems (UK), Coorstek Inc. (US), Du Pont (US), Elmon (Greece), Honeywell (US), MKU Limited (India), Point Blank Enterprises, Inc. (US), Safariland, LLC (US), and Survitec Group Limited (UK).
Scope of the Report
This study provides an overview of the global military body armor market, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific (APAC), the Middle East and Africa, Latin America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the military body armor market by its protection level, protection type, material, and region.
By Protection Level
• Type 1
• Type 2-A
• Type 2
• Type 3-A
• Type 3
• Type 4
By Protection Type
• Ballistic Protection
• Spike Protection
• Edged Blade Protection
By Material
• Steel
• Composite Ceramics
• Aramid
• Ultra-High-Molecular-Weight Polyethylene (UHMWPE)
By Region
• North America
• Europe
• Asia-Pacific
• Middle East and Africa
• Latin America
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Table of Contents
1. Executive Summary
2. Scope of the Report
2.1. Market Definition
2.2. Scope of the Study
2.2.1. Definition
2.2.2. Research Objective
2.2.3. List of Assumptions
2.2.4. Limitations
3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
4. Market Landscape
4.1. Porter’s Five Forces Analysis
4.1.1. Threat of New Entrants
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of Substitutes
4.1.4. Segment Rivalry
4.1.5. Bargaining Power of Supplies
4.2. Value Chain/supply Chain Analysis
5. Market Dynamics
5.1. Introduction
5.2. Market Drivers
5.3. Market Restraints
5.4. Market Opportunities
5.5. Market Trends
5.6. Patent Trends
5.7. Regulatory Landscape
Continued......
List of Tables
Table 1 Global Military Body Armor Market: by Region, 2018-2023
Table 2 North America: Military Body Armor Market: by Country, 2018-2023
Table 3 Europe Military Body Armor Market: by Country, 2018-2023
Table 4 Asia-pacific Military Body Armor Market: by Country, 2018-2023
Table 5 Row Military Body Armor Market: by Country, 2018-2023
Table 6 Global Military Body Armor Market, by Protection Type, by Regions, 2018-2023
Table 7 North America: Military Body Armor Market, by Protection Type, by Country, 2018-2023
Table 8 Europe Military Body Armor Market, by Protection Type, by Country, 2018-2023
Table 9 Asia-pacific Military Body Armor Market by Protection Type, by Country, 2018-2023
Continued......
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