Global military tactical vest market has witnessed growth in the past few years due to increasing armed conflicts and terrorist activities around the world. Tactical vests serve as an essential utility for armed forces personnel deployed in combat zones as these allow hands free carriage of necessary equipment and supplies. These vests are made of tear and bullet resistant fabrics to ensure protection of vital organs during battles or crossfires. Various accessories like pouches, pockets, holsters can be attached onto these vests as per mission requirements. Technological advancements have led to the development of lighter, durable and modular tactical vests equipped with additional features like night vision aids, communication devices mounts, and others. Growing defense budgets of major countries can boost demand for sophisticated tactical gear including vests over the forecast period.
Market dynamics:
Global military tactical vest market growth is driven by rising incidences of security threats, terrorism and border conflicts that increases the defense spending of various nations. Modernization of armed forces with advanced gear along with replacement of aging equipment can offer growth opportunities to the market. However, high costs associated with production of ballistic-resistant materials limits the affordability of these vests for some defense organizations. Development of multi-threat, lightweight vests with enhanced soldier survivability features through innovations can offer growth opportunities to the market. Increasing adoption of networked, powered exoskeletons for load carriage and mobility amplification can disrupt the conventional vest systems.
Key features of the study:
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