Body Armor Market Projected to Reach $4.55 Billion by 2032 | CAGR: 6.3%

Body Armor Market Insights, Size Revenue, Outlook, Overview, and Analysis. The global body armor market was estimated to be worth USD 2.63 billion in 2023 and is predicted to expand to USD 4.55 billion by 2032, with a CAGR of 6.3% from 2024 to 2032.

Report Scope:
This comprehensive study provides an accurate overview of the worldwide body armor industry. Comprehensive analyses of sales volume, price, revenue, market share, and important companies are included. The market is further divided into segments by level, material type, product type, product style, application, and region in the study, which offers a comprehensive picture of the state of the market.

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Market Definition:
Body armor is one of the most crucial segments of equipment to safeguard human beings from several condemning and lethal injuries. Presently, several firms involving law enforcement and security services have rendered it compulsory for their personnel to adorn personal protection systems while on field duty. It has an improved ballistic presentation, weightless and flexible.

Drivers and Trends:
• Safeguarding the staff from the prudence of war and prospering funding in body and armor advancements is assisting the firms to generate new avenues for revenue, which will supplement the market growth.

• Escalating cross-border agitation, strained war-resembling situations, regional warfare, and escalated incentives through government contemplation for the security of armed forces, together with its potential to deviate from attacks and deflect bullets, is paving the way for the market to flourish.

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Top Companies:
Many large businesses are devoting much of their effort to new product releases, partnerships, and market expansion in order to compete effectively. Here are the top companies in the body armor market:

• BAE Systems
• Inc.
• Honeywell International
• Inc.
• U.S. Armor Corporation
• DuPont Deenside LTD.
• Blank Enterprises
• Inc.
• Sarkar Defense Solutions
• MKU Pvt. Ltd.

Body Armor Market Report Highlights
• Level III segment accounted for the highest revenue share in the market. The level III armor has characteristics such as light weight, flexible and concealable under clothing.

• Composite ceramics segment held a significant revenue share, and it likely to continue its significance over forecast period. Various benefits offered by composite material such as ballistic resistance and higher performance and also lighter than the steel plates.

• Overt segment holds the highest revenue share in 2022, due to it gives the protection against large spikes, blades and heavy gunfire.

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Segmental Outlook
Body Armor, Level Outlook (Revenue - USD Billion, 2019 - 2032)
 Level I
 Level II A
 Level III A
 Level III
 Level IV

Body Armor, Material Type Outlook (Revenue - USD Billion, 2019 - 2032)
 Steel
 UHMWPE
 Aramid
 Composite Ceramic
 Others

Body Armor, Product Type Outlook (Revenue - USD Billion, 2019 - 2032)
 Soft Armor
 Hard Armor
 Accessories

Body Armor, Product Style Outlook (Revenue - USD Billion, 2019 - 2032)
 Covert
 Overt

Body Armor, Application Outlook (Revenue - USD Billion, 2019 - 2032)
 Defense & Security Personnel
 Law Enforcement Officers
 Civilians

Country-Wise Insights
According to regional research, North America dominated the market. The region's body armor growth is aided by elevated demand for PPE from law imposition agencies, military forces, and private security organizations.

• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

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