Global Body Armor Market for Military Applications 2017-2021

  • ID: 4225802
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • 3M
  • AR500 ARMOR
  • BAE Systems
  • Ballistic Body Armor
  • Combat Clothing Australia
  • Hardshell
  • MORE
About Body Armor

The global body armor market for military applications is expected to witness significant growth during the forecast period. One of the reasons for market growth is the increasing safety concerns for armed forces and the global presence of vendors offering a wide range of body armors. The market is also driven by increasing security threats across regions and advances in explosive devices, which has led to several deaths. Also, the increase in the defense expenditure will drive the growth of the body armor market for military applications. Several other factors that impact the growth of the market include growing violence and increase in the number of terrorist attacks. Also, modern warfare has become increasingly asymmetric, which includes counter-insurgency and counter-terrorism operations.

The analysts forecast the global body armor market for military applications to grow at a CAGR of 6.65% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global body armor market for military applications for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of body armors at the manufacturer level.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Body Armor Market for Military Applications 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- MKU
- 3M
- BAE Systems
- Ballistic Body Armor

Other prominent vendors
- AR500 ARMOR
- Combat Clothing Australia
- Point Blank Enterprises
- Craig International Ballistics
- Kejo Limited Company
- Pacific Safety Products
- Hardshell
- Rabintex

Market drivers
- Increase in defense expenses.
- For a full, detailed list, view the full report

Market challenges
- Difficulty in optimizing weight of body armor.
- For a full, detailed list, view the full report

Market trends
- Ergonomically designed body armor.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • 3M
  • AR500 ARMOR
  • BAE Systems
  • Ballistic Body Armor
  • Combat Clothing Australia
  • Hardshell
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
PART 05: Global body armor market for military applications
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by material
  • Market overview
  • Global metals and alloy-based body armor market for military applications
  • Global aramid-based body armor market for military applications
  • Global thermoplastic-based body armor market for military applications
  • Global other body armor materials market for military applications
PART 07: Market segmentation by product
  • Market overview
  • Global soft body armor market for military applications
  • Global hard body armor market for military applications
PART 08: Geographical segmentation
  • Market overview
  • Body armor market for military applications in Americas
  • Body armor market for military applications in EMEA
  • Body armor market for military applications in APAC
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Impact of drivers on key customer segments
  • Market challenges
  • Impact of challenges on key customer segments
PART 11: Market trends
  • Ergonomically designed body armor
  • Increasing demand for liquid body armor
  • Trend toward lightweight raw material
PART 12: Vendor landscape
  • Overview
  • Other prominent vendors
PART 13: Key vendor analysis
  • MKU
  • 3M
  • BAE Systems
  • Ballistic Body Armor
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Model standards applied for body armors
Exhibit 02: Global body armor market for military applications 2016-2021 ($ millions)
Exhibit 03: Five forces analysis
Exhibit 04: Global body armor market for military applications by material
Exhibit 05: Global body armor market for military applications by material 2016
Exhibit 06: Global body armor market for military application by material 2021
Exhibit 07: Global metals and alloy-based body armor market for military applications 2016-2021 ($ millions)
Exhibit 08: Global aramid-based body armor market for military applications 2016-2021 ($ millions)
Exhibit 09: Global thermoplastic-based body armor market for military applications 2016-2021 ($ millions)
Exhibit 10: Global other body armor materials market for military applications 2016-2021 ($ millions)
Exhibit 11: Global body armor market for military applications by product
Exhibit 12: Global body armor market for military applications by product 2016
Exhibit 13: Global body armor market for military applications by product 2021
Exhibit 14: Global soft body armor for military applications 2016-2021 ($ millions)
Exhibit 15: Global hard body armor for military applications 2016-2021 ($ millions)
Exhibit 16: Global body armor market for military applications by geography 2016
Exhibit 17: Global body armor market for military applications by geography 2021
Exhibit 18: Global body armor market for military applications by geography: CAGR 2016-2021
Exhibit 19: Body armor market for military applications in Americas 2016-2021 ($ millions)
Exhibit 20: Defense budget share in Central and South America by country 2013
Exhibit 21: Global body armor market for military applications in EMEA 2016-2021 ($ millions)
Exhibit 22: Factors driving demand for body armor
Exhibit 23: Body armor market for military applications in APAC 2016-2021 ($ millions)
Exhibit 24: Countermeasures for IED attacks
Exhibit 25: Top 10 countries by defense budget 2015
Exhibit 26: Impact of drivers
Exhibit 27: Disadvantages of heavy body armor
Exhibit 28: Impact of challenges
Exhibit 29: Advantages of lightweight body armor
Exhibit 30: MKU: Business segmentation 2015
Exhibit 31:M: Business segmentation 2016
Exhibit 32: BAE Systems: Business segmentation 2016
Exhibit 33: Ballistic Body Armor: Product segmentation 2016
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • 3M
  • AR500 ARMOR
  • BAE Systems
  • Ballistic Body Armor
  • Combat Clothing Australia
  • Hardshell
  • MORE
New Report Released: – Global Body Armour Market for Military Applications 2017-2021

The author of the report recognizes the following companies as the key players in the global body armour market for military applications: MKU, 3M, BAE Systems, and Ballistic Body Armor.

Other Prominent Vendors in the market are: AR500 ARMOR, Combat Clothing Australia, Point Blank Enterprises, Craig International Ballistics, Kejo Limited Company, Pacific Safety Products, Hardshell, and Rabintex.

Commenting on the report, an analyst from the research team said: “One trend in market is increasing demand for liquid body armor. Liquid body armor is a bulletproof body armor made of layered and fabricated Kevlar synthetic fibers, which make it stronger than steel. Kevlar stops bullets by bending inside upon the impact. This can sometimes be harmful and often lead to death during the combat. To overcome these shortcomings, MORATEX developed a liquid called STF that enhances the flexibility and strength of the armor.”

According to the report, one driver in market is rise in security threats. The rise in conflicts, domestic terrorism, damage from attacks, cross-border terrorism, and other hazards pose a threat to national security. The world has been witnessing several conflicts such as ISIS conflict, Indo-Pak conflict over Kashmir, Syrian civil war, the Lebanon conflict, and the the US-North Korea tensions over the past decade. In combat fields, 95% of injuries sustained by military forces are caused by falling or flying glass, explosive fragments, and mortar shrapnel. The recent wars in Iraq and Afghanistan and the ongoing war with ISIS have prompted defense agencies to improve PPE and body armors. Loss of lives in combat fields have necessitated the improvement in protective armors for troops.

Further, the report states that one challenges in market is difficulty in optimizing weight of body armor. Although vendors are focusing on using lightweight material for manufacturing body armors, the weight of the body armor still poses a challenge for the market. High-performance body armors are integrated with specialized equipment, allowing the personnel to engage in combat without any hindrances. The weight of a body armor increases when it is combined with devices such as radio, ammunition, and optics. Body armors are also integrated with communication systems, face protection, video cameras, oxygen systems, and other advanced technologies. These devices add extra weight to the heavy armor, which affects the mobility, flexibility, and efficiency of the wearer.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • MKU
  • 3M
  • BAE Systems
  • Ballistic Body Armor
  • AR500 ARMOR
  • Combat Clothing Australia
  • Point Blank Enterprises
  • Craig International Ballistics
  • Kejo Limited Company
  • Pacific Safety Products
  • Hardshell
  • Rabintex.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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