The global market for body armor has been covered under the scope of this report. Body armor can be defined as protective clothing meant for the purpose of protecting individuals from bullets or stab wounds.
Albany, NY -- (SBWIRE) -- 12/31/2015 -- The major purpose of body armor is to provide a protective clothing in order to absorb, deflect, bludgeon and penetrate attacks. Body armors have applications in various fields such as defense, law enforcement protection and civilians. The global body armor market has been categorized on the basis of types, application, material types and geography. The body armor market on the basis of type has been segmented into Type I, Type II-A, Type II, Type III-A, Type III and Type IV. On the basis of material type, the market has been segmented into steel, UHMWPE, aramid, composite ceramic and others. The body armor market has been bifurcated geographically into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
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The market for body armors is primarily driven by factors such as implementation of Soldier Modernization Programs across various countries. Major innovations are being witnessed in the body armor market as various manufacturers are designing body armors with futuristic requirements such as survivability, sustainability, mobility and lethality. Various countries have adopted the Soldier Modernization Programs in the past few years as a result of which the demand for body armors is expected to be high throughout the forecast period. Another factor responsible for the growth of the body armor market is the increasing instances of terrorists' attacks in various countries. The growth of the jihadist movements especially in the Middle East countries has also fuelled the demand for body armors. Terrorist organizations such as ISIS, AL-Oaida and Hizbollah among others are constantly conducting coordinated country-wide attacks against the government. The deployment of the army and law enforcement forces in huge numbers to tackle the increasing threats from the various terrorist organizations is expected to propel demand of the body armor market. Furthermore, the adoption of the advanced variants of body armors by various defense bodies globally has led to an increase in the demand for body armors.
As per recent trends, it has been observed that, there has been an increasing focus on the part of various manufacturers to develop and design body armors that are lighter and flexible. Moreover, the manufacturers are using advanced ballistic materials to enhance the survivability. For example, Moratex, a Polish company has developed a new type of bulletproof vest that is filled with a special type of non-Newtonian fluid, which the company is calling Shear-Thickening Fluid (STF). Various military and law enforcement agencies are seeking to replace the older body components with more advanced new solutions. The body armor market is also witnessing the release of several fibers and Uni-Directional products that offers improvements in the performance.
The company profiles of the major players in the global body armor market across five major geographic regions namely North America, Europe, Asia Pacific (APAC), Middle East and Africa and Latin America has been extensively covered under the purview of the study. Moreover, the business strategies being adopted by the major players in the market have also been included in the report. The market attractive analysis has also been provided in the report for providing a detailed insight into the global body armor market.
The market dynamics, which includes the market drivers, restraints and opportunities, has also been included under the scope of the report. Market dynamics help to study the current trends in the global market by providing insights of the distinctive factors that influence the growth of the specific market. Thus, this report provides an inclusive study of the global body armor market and also provides forecast of the market for the period from 2015-2021.
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Some of the major players in the market are: Point Blank Enterprises, Inc. (U.S.), BAE Systems, Inc. (U.S.), Australian Defence Apparel Pty Ltd. (Australia), ArmorSource LLC (U.S.), Survitec Group Limited (U.K.), Sarkar Defense Solutions (U.S.), MKU Pvt. Ltd. (India), KDH Defense Systems Inc. (U.S.), Safariland, LLC (U.S.) and Honeywell International Inc. (U.S.) among others.
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