
Body Armor Market by Type (Type 1, Type 2, Type 2A), Material (Aramid, Composite Ceramics, Steel), Application - Global Forecast 2024-2030
Description
Body Armor Market by Type (Type 1, Type 2, Type 2A), Material (Aramid, Composite Ceramics, Steel), Application - Global Forecast 2024-2030
The Body Armor Market size was estimated at USD 3.74 billion in 2023 and expected to reach USD 3.96 billion in 2024, at a CAGR 6.01% to reach USD 5.63 billion by 2030.
Global Body Armor Market
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Body Armor Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Body Armor Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Body Armor Market, highlighting leading vendors and their innovative profiles. These include Aegis Engineering Ltd., Armored Republic Holdings, LLC, Avon Protection Plc, BAE Systems PLC, Ballistic Body Armor Pty Ltd., Craig International Ballistics Pty Ltd., DuPont de Nemours, Inc., Elmon, Hellweg International Pvt. Ltd., Kejo Limited Company, Pacific Safety Products Inc., Point Blank Enterprises, Inc., Safariland, LLC, Sarkar Tactical Ltd., and Uvex Group.
Market Segmentation & Coverage
This research report categorizes the Body Armor Market to forecast the revenues and analyze trends in each of the following sub-markets:
Type
Type 1
Type 2
Type 2A
Type 3
Type 3A
Type 4
Material
Aramid
Composite Ceramics
Steel
Ultra-High-Molecular-Weight Polyethylene
Application
Civilians
Defense
Law Enforcement Protection
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the Body Armor Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Body Armor Market?
3. What are the technology trends and regulatory frameworks in the Body Armor Market?
4. What is the market share of the leading vendors in the Body Armor Market?
5. Which modes and strategic moves are suitable for entering the Body Armor Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
199 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Body Armor Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Continuous innovation of new materials for better ballistic resistance
- 5.1.1.2. Increasing demand for ensuring soldiers’ safety and survivability across the world
- 5.1.1.3. Growing adoption of body armors by the Defense department
- 5.1.2. Restraints
- 5.1.2.1. Failure to provide complete protection
- 5.1.3. Opportunities
- 5.1.3.1. Growing demand for lightweight, comfortable, and improved protection armor material
- 5.1.3.2. Military modernization programs
- 5.1.4. Challenges
- 5.1.4.1. Shortage of body armor and personal protection equipment
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Body Armor Market, by Type
- 6.1. Introduction
- 6.2. Type 1
- 6.3. Type 2
- 6.4. Type 2A
- 6.5. Type 3
- 6.6. Type 3A
- 6.7. Type 4
- 7. Body Armor Market, by Material
- 7.1. Introduction
- 7.2. Aramid
- 7.3. Composite Ceramics
- 7.4. Steel
- 7.5. Ultra-High-Molecular-Weight Polyethylene
- 8. Body Armor Market, by Application
- 8.1. Introduction
- 8.2. Civilians
- 8.3. Defense
- 8.4. Law Enforcement Protection
- 9. Americas Body Armor Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific Body Armor Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. Singapore
- 10.10. South Korea
- 10.11. Taiwan
- 10.12. Thailand
- 10.13. Vietnam
- 11. Europe, Middle East & Africa Body Armor Market
- 11.1. Introduction
- 11.2. Denmark
- 11.3. Egypt
- 11.4. Finland
- 11.5. France
- 11.6. Germany
- 11.7. Israel
- 11.8. Italy
- 11.9. Netherlands
- 11.10. Nigeria
- 11.11. Norway
- 11.12. Poland
- 11.13. Qatar
- 11.14. Russia
- 11.15. Saudi Arabia
- 11.16. South Africa
- 11.17. Spain
- 11.18. Sweden
- 11.19. Switzerland
- 11.20. Turkey
- 11.21. United Arab Emirates
- 11.22. United Kingdom
- 12. Competitive Landscape
- 12.1. FPNV Positioning Matrix
- 12.2. Market Share Analysis, By Key Player
- 12.3. Competitive Scenario Analysis, By Key Player
- 13. Competitive Portfolio
- 13.1. Key Company Profiles
- 13.1.1. Aegis Engineering Ltd.
- 13.1.2. Armored Republic Holdings, LLC
- 13.1.3. Avon Protection Plc
- 13.1.4. BAE Systems PLC
- 13.1.5. Ballistic Body Armor Pty Ltd.
- 13.1.6. Craig International Ballistics Pty Ltd.
- 13.1.7. DuPont de Nemours, Inc.
- 13.1.8. Elmon
- 13.1.9. Hellweg International Pvt. Ltd.
- 13.1.10. Kejo Limited Company
- 13.1.11. Pacific Safety Products Inc.
- 13.1.12. Point Blank Enterprises, Inc.
- 13.1.13. Safariland, LLC
- 13.1.14. Sarkar Tactical Ltd.
- 13.1.15. Uvex Group
- 13.2. Key Product Portfolio
- 14. Appendix
- 14.1. Discussion Guide
- 14.2. License & Pricing
- FIGURE 1. BODY ARMOR MARKET RESEARCH PROCESS
- FIGURE 2. BODY ARMOR MARKET SIZE, 2023 VS 2030
- FIGURE 3. BODY ARMOR MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. BODY ARMOR MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. BODY ARMOR MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. BODY ARMOR MARKET DYNAMICS
- FIGURE 7. BODY ARMOR MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
- FIGURE 8. BODY ARMOR MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. BODY ARMOR MARKET SIZE, BY MATERIAL, 2023 VS 2030 (%)
- FIGURE 10. BODY ARMOR MARKET SIZE, BY MATERIAL, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. BODY ARMOR MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
- FIGURE 12. BODY ARMOR MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. AMERICAS BODY ARMOR MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 14. AMERICAS BODY ARMOR MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. UNITED STATES BODY ARMOR MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 16. UNITED STATES BODY ARMOR MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. ASIA-PACIFIC BODY ARMOR MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 18. ASIA-PACIFIC BODY ARMOR MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. EUROPE, MIDDLE EAST & AFRICA BODY ARMOR MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. EUROPE, MIDDLE EAST & AFRICA BODY ARMOR MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. BODY ARMOR MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 22. BODY ARMOR MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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