Military Body Armor market is estimated to witness a CAGR of approximately 5% by the year 2023
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.
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
Access
Report @ https://www.marketresearchfuture.com/reports/military-body-armor-market-6435
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