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Body Armor and Personal Protection Market Is Predicted to Grow at a CAGR of 4.7% During 2018-2025

Body Armor and Personal Protection is an item of personal armor or helmet etc. that helps absorb the impact and reduce or stop penetration to the body from firearm -fired projectiles - and shrapnel from explosions, and is worn on the torso.

 

City of Industry, CA -- (SBWIRE) -- 07/24/2018 -- This report studies the Global Body Armor and Personal Protection Market status and forecast, categorizes the global Body Armor and Personal Protection market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).

This report mainly covers the body armor and personal protection product: Body Armor, Headgear, Others (gloves and other); while we can also offer any product survey report related to the body armor and personal protection industry chain.

Body armor and personal protection is an item of personal armor or helmet etc. that helps absorb the impact and reduce or stop penetration to the body from firearm -fired projectiles - and shrapnel from explosions, and is worn on the torso. The types of body armor and personal protection mainly include soft Armor, hard Armor, headgear and others. In 2016, the type revenue, the soft armor segment is expected to account for 37% of the global body armor and personal protection market, followed by the hard armor segment with a share of 22% and headgear with a share of 19%.

The body armor and personal protection is relatively concentrated, the production of top ten manufacturers account about 72% of global production. The high-end products mainly come from United States and Europe. Global defense industry investment in R&D has led to the development of new soldier modernization technologies that enhance survivability and sustainability capabilities, including advanced combat clothing, boots, hard armor, eyewear and helmets. The countries with the highest levels of defense spending are now focusing on building smaller infantries with enhanced survivability in order to derive maximum effectiveness from troop deployment. This has led major defense spenders such as China, France, the UK and the US to invest significantly in body armor and personal protection equipment. In the world wide, the plants of major manufactures mainly distribute in United States and Europe, In United States, like PBE, are the leading manufacture in this area. As to Europe, BAE Systems has become the leader of domestic manufactures.

North America and Europe is the leading spender in the body armor and personal protection sector and accounts for 83% of the global revenue market. China is also expected to account for a significant portion of the total body armor and personal protection market during the forecast period, with shares of 11% respectively. The Middle East, Latin America, and Africa account for 1.5%, 1%, and 1.3% of global body armor and personal protection expenditure respectively. This will be largely driven by the efforts of countries such as China, India and Russia to provide enhanced survivability to their armed forces.

The global Body Armor and Personal Protection market is valued at 15 million US$ in 2017 and will reach 21 million US$ by the end of 2025, growing at a CAGR of 4.7% during 2018-2025.

The major manufacturers covered in this report

BAE Systems

PBE

Safariland

Ceradyne

Wolverine

Jihua Group

Ningbo Dacheng

Huaan Securit

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering

North America

Europe

China

Japan

India

Southeast Asia

Other regions (Central & South America, Middle East & Africa)

We can also provide the customized separate regional or country-level reports, for the following regions:

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Soft Armor

Hard Armor

Headgear

Others

By Application, the market can be split into

Defense

Cilivians

Homeland Security

Others

The study objectives of this report are:

To analyze and study the global Body Armor and Personal Protection capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);

Focuses on the key Body Armor and Personal Protection manufacturers, to study the capacity, production, value, market share and development plans in future.

Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.

To define, describe and forecast the market by type, application and region.

To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

To identify significant trends and factors driving or inhibiting the market growth.

To analyze the opportunities in the market for stakeholders by identifying the high growth segments.

To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

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In this study, the years considered to estimate the market size of Body Armor and Personal Protection are as follows:

History Year: 2013-2017

Base Year: 2017

Estimated Year: 2018

Forecast Year 2018 to 2025

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders

Body Armor and Personal Protection Manufacturers

Body Armor and Personal Protection Distributors/Traders/Wholesalers

Body Armor and Personal Protection Subcomponent Manufacturers

Industry Association

Downstream Vendors

Available Customizations

With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:

Regional and country-level analysis of the Body Armor and Personal Protection market, by end-use.

Detailed analysis and profiles of additional market players.

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