The Body Armor Manufacturing industry took a major hit over the past five years. Industry revenue has fallen rapidly after reaching unprecedented levels in 2007 as manufacturing contracts tapered off. However, the federal government has consistently subsidized and even supplied domestic police agencies with industry products. Body armor manufacturers are forecast to fare better over the next five years. While military spending on body armor will not recover to the heights of full US combat operations in the Middle East, it is expected to at least regain ground.
This industry manufactures a variety of body armor (personal armor) for use in law enforcement and military operations. Products include tactical body armor, concealable armor, plates, shields, helmets and padding.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.