Body Armor Market Size Worth $4.55 Billion By 2032 | CAGR: 6.3%

Body Armor Market Size Worth $4.55 Billion By 2032 | CAGR: 6.3%

The global body armor market size is expected to reach USD 4.55 billion by 2032, according to a new study by Polaris Market Research. The report “Body Armor Market Share, Size, Trends, Industry Analysis Report, By Level; By Material Type; By Product Type; By Product Style, By Application (Defense & Security Personnel, Law Enforcement Officers, Civilians); By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The market is experiencing momentum, fueled by technological advancements such as dragon skin products and liquid body armor. The demand for modular tactical vests and double-sided combat uniforms is also rising due to their advantages, such as better protection and increased chances of soldier survival. Leading manufacturers of personnel protection suits are investing heavily in research and development to develop cutting-edge fibers, fabrics, and nanotechnology materials for stronger and more reliable body armor. Modular tactical vests are preferred over traditional outer tactical vests (OTV) as they provide greater freedom of movement.

The escalation of geopolitical tensions and a surge in violent incidents and terrorism have made it necessary for military and law enforcement organizations to equip their personnel with body armor to ensure their safety in different scenarios. However, the level of protection needed for the armor varies based on the threat evaluation of the end-users. While soldiers may require thick armor to withstand high-caliber fire, security guards may not. This has resulted in new procurement strategies by agencies worldwide, increasing demand for body armor.

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The global market has seen significant growth recently. It is expected to grow steadily due to increasing demand for advanced personal protective equipment (PPE) for military, law enforcement, and civilians. The rise in terrorist attacks, insurgency, and cross-border conflicts has driven the demand for body armor. Leading governments worldwide to invest in advanced materials and technologies to create lightweight, durable, and flexible armor that can protect against various threats. Civilians, including journalists, private security personnel, and individuals who perceive an increased threat to their safety, are also increasingly adopting body armor, developing affordable and lightweight options that can be worn discreetly.

The emergence of new technologies, such as graphene and liquid armor, is expected to revolutionize the industry by providing enhanced protection against multiple threats while reducing the weight and bulk of the armor.

Body Armor Market Report Highlights

  • Level III segment accounted for the highest revenue share in the market. The level III armor has characteristics such as light weight, flexible and concealable under clothing.
  • Composite ceramics segment held a significant revenue share, and it likely to continue its significance over forecast period. Various benefits offered by composite material such as ballistic resistance and higher performance and also lighter than the steel plates.
  • Overt segment holds the highest revenue share in 2022, due to it gives the protection against large spikes, blades and heavy gunfire.
  • Online segment is expected to witness highest CAGR over the anticipated period, which is mainly accelerated by growing internet penetration and increasing consumer inclination towards online platforms.
  • North America dominated the market in 2022, and will continue its trend over the projected period, due to high demand for PPE from law enforcement agencies, private security firms and military forces in this region.
  • The global key market players include BAE Systems, Inc., Honeywell International, Inc., U.S. Armor Corporation, DuPont Deenside LTD., Blank Enterprises, Inc., Sarkar Defense Solutions, MKU Pvt. Ltd., Safariland LLC, Uvex Group, Avon Protections Systems, Inc. and Ceradyne (3M).

Polaris Market Research has segmented the Body Armor market report based on level, material type, product type, product style, application, and region:

Body Armor, Level Outlook (Revenue - USD Billion, 2019 - 2032)

  • Level I
  • Level II A
  • Level III A
  • Level III
  • Level IV

Body Armor, Material Type Outlook (Revenue - USD Billion, 2019 - 2032)

  • Steel
  • Aramid
  • Composite Ceramic
  • Others

Body Armor, Product Type Outlook (Revenue - USD Billion, 2019 - 2032)

  • Soft Armor
  • Hard Armor
  • Accessories

Body Armor, Product Style Outlook (Revenue - USD Billion, 2019 - 2032)

  • Covert
  • Overt

Body Armor, Application Outlook (Revenue - USD Billion, 2019 - 2032)

  • Defense & Security Personnel
  • Law Enforcement Officers
  • Civilians

Body Armor, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

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  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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