Body Armor & Personal Protection Global Industry Report 2018: Demand Influencers, Key Trends and Challenges to 2028

DUBLIN, June 28, 2018 /PRNewswire/ --

The "The Global Body Armor and Personal Protection Market 2018-2028" report has been added to ResearchAndMarkets.com's offering.

This report offers a detailed analysis of the industry, with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for body armor and personal protective equipment, key market trends, and challenges faced by industry participants.

Global body armor and personal protection market is expected to grow at a CAGR of 4.55% to value US$3.5 billion by 2028. The cumulative market for global expenditure on military body armor and personal protection will reach US$30.6 billion over the forecast period.

The demand for body armor and personal protection equipment is expected to be driven by modernization initiatives undertaken by various defense forces and law enforcement agencies across the world, and internal security threats, such as terrorism, insurgency and organized crime.

The trend towards the development of lightweight ballistic material is one of the major factors propelling defense authorities towards procuring newer-generation personal protection equipment. As such, countries are focusing on manufacturing better solutions such as ballistic inserts, lightweight under suits, combat helmets, anti-mine boots and flame resistant uniforms that provide the benefits of comfort and enhanced protection to ground forces.

During the forecast period, the soft armor segment is expected to account for the largest share of spending, accounting for 36% of the overall global market. The protective clothing segment is expected to account for the second largest share of 22% of the global market owing to the initiatives undertaken by various governments to supply specialized leather gloves and coats for extreme cold climates to troops deployed in high altitude areas, along with the deployment of improved fire resistant uniforms for ground troops.

Hard armor is anticipated to be the third largest segment over the forecast period. Driven by large scale procurement programs in countries such as India, China, and Pakistan, the Asia-Pacific region is expected to be one of the fast growing markets in terms of the hard armor segment with a CAGR of over 6%. North America and the Middle East are projected to account for the second and third largest markets in this segment over the forecast period.

The body armor and personal protection market is expected to be led by North America with a share of 29.1% over the forecast period, followed by Europe and Asia-Pacific. The Middle Eastern market for military body armor and personal protection is expected to account for 14.8%, followed by the African and Latin American markets respectively.

In particular, it provides an in-depth analysis of the following:

• Overview: Snapshot of the Body Armor and Personal Protection market during 2018-2028, including highlights of the demand drivers, trends and challenges. It also provides a snapshot of the spending with respect to regions as well as segments
• Market Dynamics: Insights into the technological developments in the Body Armor and Personal Protection market and a detailed analysis of the changing preferences of governments around the world. It also analyzes changing industry structure trends and the challenges faced by the industry participants
• Segment Analysis: Insights into the Body Armor and Personal Protection market from a segmental perspective and a detailed analysis of factors influencing the market for each sector
• Regional Review: Insights into modernization patterns and budgetary allocation for the top countries within a region
• Regional Analysis: Insights into the Body Armor and Personal Protection market from a regional perspective and a detailed analysis of the factors influencing the market for each region
• Trend Analysis: Key Defense Market: Analysis of the key markets in each region, providing an analysis of the body armor and personal protection segments expected to be in demand in each region
• Key Program Analysis: Details of the top programs in each segment expected to be executed during the forecast period
• Competitive Landscape Analysis: Analysis of competitive landscape of the global Body Armor and Personal Protection industry. It provides an overview of key defense companies, together with insights such as key alliances, strategic initiatives and a brief financial analysis
  

Key Highlights:

• The global body armor and personal protection market is expected to grow at a CAGR of 4.55% over the forecast period.
• The market consists of five categories: Soft Armor, Hard Armor, Protective Headgear, Protective Clothing, and Boots. The global body armor and personal protection market is expected to be dominated by the Soft Armor segment, followed by Protective Clothing and Hard Armor.
• The North American region is forecasted to dominate the global market with a share of 29.1%, and the Asia-Pacific market is lead by China, India, and Australia. Russia and the UK occupies a major market share in the European region.

Companies Mentioned:

• BAE Systems
• ArmorSource LLC
• Survitec Group Limited
• Anjani Technoplast Ltd
• M Cubed Technologies
• Sarkar Defence Solutions
• Bates Footwear, Inc.
• Tata Advanced Materials Limited
• Bluewater Defense, Inc.

Key Topics Covered:

Executive Summary

Global Body Armor and Personal Protection Market - Overview
Global Body Armor and Personal Protection Market By Region, 2018-2028
Global Body Armor and Personal Protection Market By Segment, 2018-2028

Market Dynamics
Demand Drivers: Analysis of factors that trigger spending within the sector
Trends: Prevalent practices, industry consolidation and procurement patterns within the market
Technological Developments : New products, processes and innovations recently inducted within the sector
Key Challenges: Obstacles affecting sector growth

Body Armor and Personal Protection Market - Segment Analysis

Segment Analysis: Soft Armor
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028

Segment Analysis: Protective Clothing
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028

Segment Analysis: Hard Armor
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028

Segment Analysis: Protective Headgear
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028

Segment Analysis: Boots
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028

Body Armor and Personal Protection Market - Regional Analysis
Global Body Armor and Personal Protection - Regional Overview, 2018 & 2028

Regional Analysis: North America
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Top Suppliers

Regional Analysis: Europe
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Top Suppliers

Regional Analysis: Asia Pacific
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Top Suppliers

Regional Analysis: Middle East
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Top Suppliers

Regional Analysis: Latin America
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Top Suppliers

Regional Analysis: Africa
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Top Suppliers

Trend Analysis - Key Defense Markets
Top 10 Global Growth Opportunities Scores
Global Body Armor and Personal Protection- Country Overview, 2018 & 2028
Leading Segments in Key Countries
Country Analysis - 11 leading countries
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Segmental Share (%), 2018-2028
Country Share (%), 2018 & 2028
Major Suppliers
Segmental Analysis

Body Armor and Personal Protection Market - Future Outlook

Key Programs Analysis
Description of key programs
Delivery period, units and total expenditure

Competitive Landscape Analysis
Competitive analysis - 11 leading companies
Major Products and Services
Major Alliances and Recent Contracts
Financial Analysis covering Revenue, Operating Profit and Net Profit

For more information about this report visit https://www.researchandmarkets.com/research/wpq5xt/body_armor_and?w=5

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