Apr 28, 2020   SOURCE: BusinessWire

Global Body Armor and Personal Protection Market 2020-2030: Soft Armor Set to Account for 28.2% of Global Body Armor Market Share - ResearchAndMarkets.com

The "The Global Body Armor and Personal Protection Market-2020-2030" report has been added to ResearchAndMarkets.com's offering.

The Global Body Armor and Personal Protection Market Report provides market size forecasts and projected CAGR for the next ten years. The report provides an industry analysis including key market drivers, emerging technology trends and major challenges faced by industry participants. It offers insights regarding key factors and government programs that are expected to influence demand 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 28.2% of the overall global body armor and personal protection market. Innovations in developing integrated soft ballistic protection plates, under suit vests and the development of composite materials will drive the demand for enhanced soft armors, which suits for a wide range of missions.

Key Highlights

  • The global body armor and personal protection market is expected to grow at a CAGR of 2.78% over the forecast period from 2020 to 2030.
  • The global body armor and personal protection market is classified into five categories: soft armor, hard armor, protective headgear, protective clothing, and Boots.
  • The soft armor segment is expected to account for the largest share of spending, accounting for 28.2% of the overall global body armor and personal protection market over the forecast period.

Scope of the report:

  • Market size and drivers: Detailed analysis during 2020-2030, including highlights of the demand drivers and growth stimulators. It also provides a snapshot of the spending and modernization patterns of different regions around the world.
  • Recent developments and industry challenges: Insights into technological developments and a detailed analysis of the body armor and personal protection projects being executed and planned worldwide. It also provides trends of the changing industry structure and the challenges faced by industry participants.
  • Regional highlights: study of the key markets in each region, providing an analysis of the key segments of the market that are expected to be in demand.
  • Major programs: details of the key programs in each segment, which are expected to be executed during 2020-2030.
  • Competitive landscape and strategic insights: analysis of the competitive landscape of the global body armor and personal protection market.
  • It provides an overview of key players, their strategic initiatives, and financial analysis.

Key Topics Covered:

Executive Summary

  • Global Body Armor and Personal Protection Market - Overview
  • Global Body Armor and Personal Protection By Region, 2020-2030
  • Global Body Armor and Personal Protection By Segment, 2020-2030

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

Global Body Armor and Personal Protection Market - Segment Analysis

  • Segment Analysis: Soft Armor
  • Segment Analysis: Hard Armor
  • Segment Analysis: Protective Clothing
  • Segment Analysis: Protective Headgear
  • Segment Analysis: Boots

Global Body Armor and Personal Protection Market - Regional Analysis

  • Global Body Armor and Personal Protection - Regional Overview, 2020 & 2030
  • Regional Analysis: North America
  • Regional Analysis: Europe
  • Regional Analysis: Asia Pacific
  • Regional Analysis: Middle East
  • Regional Analysis: Latin America
  • Regional Analysis: Africa
  • Global Body Armor and Personal Protection Market - Trend Analysis

Top 10 Global Growth Opportunities Scores

  • Global Body Armor and Personal Protection Market - Country Overview, 2020 & 2030
  • Leading Segments in Key Countries
  • Country Analysis - 12 leading countries
  • Market size and CAGR growth analysis, 2020-2030
  • Change in market share, 2020-2030
  • Segmental Share (%), 2020-2030
  • Country Share (%), 2020 & 2030

Major Suppliers

  • Segmental Analysis

Key Programs Analysis

  • Description of key programs
  • Delivery period, units and total expenditure

Competitive Landscape Analysis

  • Competitive analysis - 9 leading companies

Major Products and Services

Financial Analysis covering Revenue, Operating Profit and Net Profit

Companies Mentioned

  • Paul Boy Technologies
  • TenCate Advanced Armor
  • Ceradyne
  • Central Lake Armor Express
  • KDH Defense Systems
  • SA Seyntex
  • Gentex Corporation
  • Point Blank Enterprises
  • Iturri S.A.
  • US Armor Corporation
  • Armor Express
  • SMPP Pvt. Ltd

For more information about this report visit https://www.researchandmarkets.com/r/3f9b2b

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.