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Body Armor Market Size Analysis by Key Players: BAE Systems, Inc., Honeywell International Inc., U.S. Armor Corporation, DuPont Deenside Ltd., Blank Enterprises, Inc., Sarkar Defense Solutions

03-20-2019 06:07 PM CET | Health & Medicine

Press release from: marketstudyreport.com

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Body Armor Care, Body Armor trends, Body Armor forecast, Body Armor analysis

Body Armor Care, Body Armor trends, Body Armor forecast, Body Armor analysis

Global Body Armor Market Report-2025 Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.

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The Global Body Armor market is anticipated to reach USD 4.83 billion by 2026 according to a new study. The rising concerns of defense and security industry towards military personnel safety and survivability is propelling the need for body armors. Several developed as well as developing nations are executing modernization program for military and security personnel and are mainly focused towards offering the finest protection products. Thus, defense department of these nations are spending huge amount in providing body armor for their defense troops. Developed nations such as the U.S., UK, Russia, and France are taking several initiatives to replace their traditional armor system with new advanced technology is manufacturing body armor. Lightweight and flexible armor with the usage of nanotechnology materials and fibers is the recent trend prevailing in this market, which will positively favor the industry growth in near future. Besides this, cutting-edge technologies such as liquid body armor and dragon skin are significantly adding value to the defense and security industry.

Growing conflicts and frictions in regions such as the Asian, Middle East, Sub-Saharan region, Russia, and other nations has translated to a sharp rise in the incidents related to terrorism, piracy, arms smuggling, exploitation, drugs and human trafficking as well as other illegal practices that poses a serious threat to life and affects the defense personnel. The growing incidence of such activities are increasing the demand for adequate security procedures. Such trends are further anticipated to bolster the Body Armor Market growth during the forecast period.

Currently, the overall Body Armor market is dominated by North America and Europe Region. This is attributed to the ongoing soldier modernization programs executed across countries in these regions. Soldier safety is the top most priority of the defense agency, hence they certainly are not expected to compromise on their soldier?s safety. Besides this, law enforcement officials constantly need to enhance their safety due to rising instances of violence and riots across several countries. Moreover, the rising threat of terrorism has also propelled the demand of body armors and these regions are expected to continue its dominance during the forecast period. The Body Armor Market in Asia Pacific, MEA, and South America region are expected to notice a high growth during the forecast period. The growth in Asia Pacific Body Armor Market is attributed to the increasing government spending in new technology adoption in the defense sector. Thus, the region is anticipated to grow at the highest CAGR during the forecast period.

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Some of the key players:
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 Protection Systems, Inc., and Ceredyne (3M) among others.

Research objectives:

To study and analyze the global Body Armor size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Body Armor by identifying its various subsegments.
Focuses on the key global Body Armor players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Body Armor with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Body Armor submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Contents:

1 Body Armor Market Overview
2 Manufacturers Profiles
3 Global Body Armor Market Competition, by Players
4 Global Body Armor Market Size by Regions
5 North America Body Armor Revenue by Countries
6 Europe Body Armor Revenue by Countries
7 Asia-Pacific Body Armor Revenue by Countries
8 South America Body Armor Revenue by Countries
9 Middle East and Africa Revenue Body Armor by Countries
10 Global Body Armor Market Segment by Type
11 Global Body Armor Market Segment by Application
12 Global Body Armor Market Size Forecast (2018-2023)
13 Research Findings and Conclusion
14 Appendix

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