Body armor is a clothing made from woven or non-woven fabric that helps to protect an individual from penetrating attack done by any weapon such as a knife or bullet.
Increasing demand of advanced technology based armors by military and law enforcement departments in many countries is the major factor anticipated to drive the growth of the global body armor market. However, the economic crisis and budget cuts in the defense sector in many countries may hamper the demand of the body armor and restrain the growth of the target market in the near future.
The global body armor market report has been segmented on the basis of product type, material, application, and region. On the basis of product type, the market is segmented into type 1, type 2a, type 2, type 3a, type 3, and type 4. Type 2 segment is anticipated to dominate the global market in terms of revenue over the forecast period, owing to increasing adoption of type 2 body armor by law enforcement officers in various countries. On the basis of material, the market is segmented into composite ceramic, aramid, steel, ultra-high-molecular-weight polyethylene (UHMWPE, UHMW), and others. Currently, ceramic segment dominates the global market, owing to its advantages such as light weight, high ballistic resistance than other materials. On the basis of application, the market is segmented into defense, law enforcement, and others. The defense segment dominates and contribute the major share to the global market in terms of revenue and expected to maintain its position over the forecast period, owing to increasing demand for advanced and efficient body armors in the defense sector.
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Based on the region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is expected to dominate the global market in terms of revenue over the forecast period, owing to presence of major body armor production companies in this region. The market in Asia Pacific is expected to register significant growth in terms of revenue, due to increasing defense spending in countries such as China, India, South Korea, etc.
Key players operating in the global body armor market include Aegis Engineering Limited, AR500 Armor, BAE Systems plc, Ballistic Body Armour (Pty) Ltd, Craig International Ballistics Pty Ltd., Hellweg International, Kejo Limited Company, Pacific Safety Products Inc., Point Blank Enterprises, Inc., and Safariland, LLC.