New York, NY -- (SBWIRE) -- 11/14/2018 -- Research Reports Inc: In this report, Research Reports Inc Information covers the present scenario (with the base year is 2017) and the growth prospects of global Body Armor and Personal Protection market for 2018-2023.

Over the next five years, Research Reprots Inc projects that Body Armor and Personal Protection will register a 4.8% CAGR in terms of revenue, reach US$ 19 million by 2023, from US$ 15 million in 2017.

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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. 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%.

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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 the 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 worldwide, the plants of major manufacture mainly distribute in the United States and Europe, In United States, like PBE, are the leading manufacturer in this area. As to Europe, BAE Systems has become the leader of domestic manufactures.

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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.

This report presents a comprehensive overview, market shares, and growth opportunities of Body Armor and Personal Protection market by product type, application, key manufacturers and key regions.

To calculate the market size, Research Reports Inc Information considers value and volume generated from the sales of the following segments:

Segmentation by product type:
Soft Armor
Hard Armor
Headgear
Others
Segmentation by application:
Defense
Cilivians
Homeland Security
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competitive landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
BAE Systems
PBE
Safariland
Ceradyne
Wolverine
Jihua Group
Ningbo Dacheng
Huaan Securit
KDH Defense
DFNS Group
TenCate
ADA
VestGuard
Sarkar Defense
PSP
Anjani Technoplast
AR500 Armour
Survitec Group
U.S. Armor
Ballistic Body Armour
Zebra Sun

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Body Armor and Personal Protection consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Body Armor and Personal Protection market by identifying its various subsegments.
Focuses on the key global Body Armor and Personal Protection manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Body Armor and Personal Protection with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Body Armor and Personal Protection submarkets, with respect to key regions (along with their respective key countries).
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.