Body Armor Equipment Market is projected to grow from US$ 2.2 billion in 2020 to US$ 5.3 billion by 2029. The body armor market is expected to register moderate growth over the forecast period. This is attributed to rising demand for protective gear for personnel defense due to anti-national activities and increasing terrorism attack across the globe. Furthermore, increasing utilization of nanotechnology materials and fibers for manufacturing lightweight and flexible armors drives growth of the body armor market.

The report "Body Armor Equipment Market, by Product Type (Type 1, Type 2a, Type 2, Type 3a, Type 3, and Type 4), by Material (Composite Ceramic, Aramid, Steel, Ultra-High-Molecular-Weight Polyethylene (UHMWPE, UHMW), and Others, by Application (Defense, Law Enforcement, and Others, and Region - Forecast to 2029"

Key Highlights:

• On January 2016, Point Blank Body Armor, Inc. launched “Alpha Elite Black” which is soft body armor and protective solutions.
• In February 2018, Craig International Ballistics Operations Pty Ltd announced that acquisition of advanced robotic equipment to conduct Non Destructive Testing (NDT) on ceramic based body armor plates used by the Australian Defence Force (ADF).

Key Market Insights from the report:          

The body armor market accounted for US$ 2.2 billion in 2020 and is projected to register a moderate CAGR of 5.3 % over the forecast period. The market report has been segmented on the basis of product type, material, application, and region.

• By product type, the type 3 is segment accounted for major revenue share in 2018, owing to these bodysuits offer better protection than other types and it is suitable for full-time wear during combat and warfare situations.
• By material, the body armor market is bifurcated into composite ceramic, aramid, steel, ultra-high-molecular-weight polyethylene (uhmwpe, uhmw), and others. Others material sub-segment is classified into para-aramid fiber, fiberglass, graphene, etc.
• By application, the law enforcement segment is accounted for highest revenue share in the target market, in 2018, owing to increasing crime rates and incidents of mass shooting.  
• By region, North America body armor market is accounted for major revenue share of the body armor market and is further anticipated to maintain its dominance over the forecast period, owing rising government initiatives such as the U.S. Army Equipment Modernization Strategy and Soldier Protection System (SPS) in the countries of the North America region. The Asia Pacific body armor is expected to account for a second-highest market share in terms of revenue over the forecast period in 2018.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on " Body Armor Equipment Market, by Product Type (Type 1, Type 2a, Type 2, Type 3a, Type 3, and Type 4), by Material (Composite Ceramic, Aramid, Steel, Ultra-High-Molecular-Weight Polyethylene (UHMWPE, UHMW), and Others (Para-Aramid Fiber, Fiberglass, Graphene, Etc)), by Application (Defense, Law Enforcement, and Others (Civilians, Security Guards, Etc)), and by Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa)- forecast till 2029

The prominent player operating in the body armor market includes include Aegis Engineering Ltd., BAE Systems plc, Point Blank Body Armor, Inc., DSM Dyneema LLC, Craig International Ballistics Operations Pty Ltd, Ceradyne, Inc, HELLWEG Die Profi-Baumärkte GmbH & Co. KG, Kejo Limited Company, Pacific Safety Products Inc., Point Blank Enterprises, Inc., and Safariland, LLC.

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