Uploaded on Mar 20, 2020
The global body armor market size is expected to reach ~US$ 3,231 Mn by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at a CAGR of ~5.2% between 2019 and 2029. According to the report, rapid escalation on boarder line, ensuring soldier survivability, and cross-border terrorist insurgencies are the major factors that drive the requirement of body armor products in the market. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.
Body Armor Market Value to Reach US$ 3,231 Mn by 2029
Body Armor Market
March 2020 Report Id : REP-AS-11146
Published On : March-2020
Category : Retail and Consumer Products
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Research Methodology (1/2)
Systematic Research Approach
1 In-depth secondary research is used to Research &
ascertain overall market size, top Data Data Filter Actionable Business
Market profiling industry players, top products, industry Collection & Analysis Intelligence Insights Solution
associations, etc.
2 FMI formulates a detailed discussion
guide to conduct expert and industry Identifying key opinion leaders
Formulating discussion guide interviews Questionnaire design
In-depth interviews
3 Coverage across value chainFMI develops a list of industry players A
(manufacturers), distributors, retailers Primary
Developing list of respondents and industry experts Research Key industry experts
Channel study
B Developments
4 FMI conducts interviews with industry SOLUTION
experts, industry players, distributors Desk Market dynamics
Data collection and retailers Research Products
Market participants
C Conclusions
Data is validated by triangulation Key strengths Company
5 method, wherein secondary, primary Product portfolio Analysis
Data validation and FMI analysis contribute to the final
data Mapping as per value chain
Key focus segments
Data is scrutinized using MS-Excel to
6 obtain qualitative and quantitative
Data analysis insights about the industry Primary Research # Secondary Research # Paid Publications#
7 FMI delivers industry insights and
Linkedin Company websites Factiva
information in the required format Zoominfo Company annual GBI
Insights (PDF) Salesforce reports Genios
Avention White papers Meltwater
Financial reports
# includes sources of databases
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Body Armor Market Analysis
2019 Analysis and Review of Body Armor Market by Application - Defence & Security Personnel, Law
Enforcement Officers, and Civilians for 2019 2029
• The global body armor market size is expected to reach ~US$ 3,231 Mn by the end of 2029. According
to a study by Future Market Insights (FMI), the market will show a steady rise at a CAGR of ~5.2%
between 2019 and 2029.
• According to the report, rapid escalation on boarder line, ensuring soldier survivability, and cross-
border terrorist insurgencies are the major factors that drive the requirement of body armor products
in the market.
• The report offers a comprehensive overview of the market, covering key growth drivers, restraints,
opportunities, and prevailing trends. It uses unique research methods to offer the most accurate
analysis of the market.
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© 2019 Future Market Insights, All Rights Reserved
Body Armor Market Analysis
It includes in-depth insights into the body armor market. Some of these are:
• The estimated value of the market was at ~US$ 1,946 Mn in 2019. Through the course of the report’s
forecast period, the market is exhibited to show a steady pace of growth.
• Regionally, North America dominates the body armor market globally.
• East Asia emerges as one of key markets owing to increasing focus on defense and ensuring safety of
soldiers in the country.
• The level II segment body armors are expected to expand at highest CAGR owing to surge in demand in
the law enforcement application segment.
• The composite ceramics segment dominated the market in 2019 in terms of revenue.
• Key players are likely to focus on new product innovation such as developing lightweight and hi-tech
bodysuits for delivering enhanced performance, comfort, and flexibility.
Press Release Source: https://www.futuremarketinsights.com/press-release/body-armor-market
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© 2019 Future Market Insights, All Rights Reserved
Body Armor Market Analysis
Soft Body Armor to Uplift the Market Scale
• Soft body armor are the most preferred body armor among private security guards and policemen
where flexibility and comfortable movement are of paramount importance.
• Advancement in technology, and growing security concern of guards, & policemen have pushed the
market for lightweight body armor which is found as soft body armor.
• Technological innovations and modernization initiatives prompt security agencies and military forces to
opt for the latest equipment. Moreover, flexibility and lightweight feature of soft body armor pushes
the market further for higher usage.
Composite Ceramics Segment to Dominate the Market
• The composite ceramic material of body armor are considered to hold the major market share in 2019
owing to its high usage in body armor.
• The composite ceramic material perform well in resistance of ballistic attack. Moreover, it is
lightweight which gives the user of flexible movement and thus known for high performance material
type.
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© 2019 Future Market Insights, All Rights Reserved
Body Armor Market Analysis
About Retail & Consumer Products division of FMI
• Expert analysis, in-depth insights, and strategic recommendations - the Retail & Consumer Products
team at Future Market Insights helps clients from all over the globe with their unique business
intelligence needs.
• With a repertoire of over 500+ reports, the team has analyzed the consumer goods industry lucidly
in 80+ countries for over a decade.
• We provide end-to-end research database on retail & consumer products market and consulting
services; reach out to explore how we can help.
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Body Armor Market Analysis
About Us
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver
syndicated research reports, custom research reports and consulting services which are
personalized in nature. FMI delivers a complete packaged solution, which combines current
market intelligence, statistical anecdotes, technology inputs, valuable growth insights and
an aerial view of the competitive framework and future market trends.
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© 2019 Future Market Insights, All Rights Reserved
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