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, 2023 - 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
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)
Body Armor, Material Type Outlook (Revenue - USD Billion, 2019 - 2032)
Body Armor, Product Type Outlook (Revenue - USD Billion, 2019 - 2032)
Body Armor, Product Style Outlook (Revenue - USD Billion, 2019 - 2032)
Body Armor, Application Outlook (Revenue - USD Billion, 2019 - 2032)
Body Armor, Regional Outlook (Revenue - USD Billion, 2019 - 2032)