Press release
Military Body Armor Market Recent Scope, Growing Popularity, Several Health Benefits And Emerging Trends In The Market And Top Key players MKU Limited , Point Blank Enterprises, Inc.
Key PlayersThe 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).
Market Highlights
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.
Military Body Armor market is estimated to witness a CAGR of approximately 5% by the year 2023
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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.
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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The report provides insights on the following pointers:
Chapter 1 Study Coverage
Chapter 2 Executive Summary
Chapter 3 Military Body Armor market Competitor Landscape by Players
Chapter 4 Military Body Armor market Size by Type and Application
Chapter 5 Global and Regional Analysis
Chapter 6 Company Profiles, recent developments, and investments
Chapter 7 Market Opportunities, Challenges, Risks and Influences Factors Analysis
Chapter 8 Value Chain and Sales Channels Analysis with breakthrough product developments
Chapter 9 Research Findings and Conclusion
Chapter 10 Methodology/Research Approach
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Our fast growing industry research firm is backed by a proficient team of research analysts that offers valuable analytics and data with respect to technological and economical advancements. Our deemed analysts perform industrial visits and procure the relevant information from prominent market players. Our key objective is to keep our clients abridged of the potential opportunities and challenges in different markets. We provide step-by-step assistance to our respected clients, via strategic and consulting services to reach a managerial and actionable decision.
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