Home > Sustainable & Smart Technologies > Body Armor Market
Body Armor Market size surpassed USD 2 billion in 2020 and is anticipated to grow at over 4% CAGR from 2021 to 2027. The industry shipments will cross 2 million units by 2027. Rising number of terrorist attacks in public places is expected to augment the industry growth. Furthermore, rising geopolitical conflicts will also propel the market.
The ability of a body armor to reduce the impact and prevent the penetration of bullets & shrapnel into the human body will increase the product demand. Growing demand for concealable armors from law enforcement officers will fuel the industry statistics. Currently, firearms are one of the most hazardous threats that law enforcement officers face in the U.S. and Canada. In January 2021, rioters attacked the U.S. Capitol in which around 150 law enforcement officers were injured. Ballistic-resistant body armors can protect the wearer against several types of handgun and rifle ammunition. The rising number of assaults on law enforcement officers will influence the demand for body armors.
To get more details on this report: Request Free Sample PDF
Increasing government investments to boost the defense sector and adopt advanced technologies for military personnel will drive the market representation. In June 2021, the European Union Commission made several policy decisions supporting innovation, bullet-proof capacity, and competitiveness of the EU defense industry. Through these policies, the government will focus on providing high-quality body armors to defense personnel to ensure their safety during critical times, spurring the market revenue of bullet-proof vests and body armors.
One of the major factors challenging the body armor industry growth is chronic back pain and injuries caused by body armors. The heavyweight and non-ergonomic design of some tactical & ballistic body armors have resulted in chronic musculoskeletal pain among soldiers and law enforcement officers. Currently, companies are developing lightweight body armors with advanced materials, such as Kevlar and woven synthetics, to mitigate the problem of back pain and enhance mobility during military operations.
The COVID-19 pandemic has marginally affected the market in 2020. The impact on the industry can be attributed to the temporary shutdown of various manufacturing firms and a slight decrease in demand for body armors from the law enforcement sector. The pandemic has caused a shortage of resources, such as raw materials and limited manpower, affecting the production of bulletproof vests. The demand for ballistic helmets, masks, and bulletproof shields increased in North America during the second half of 2020.
Report Coverage | Details |
---|---|
Base Year: | 2020 |
Market Size in 2020: | 2 billion (USD) |
Forecast Period: | 2021 to 2027 |
Forecast Period 2021 to 2027 CAGR: | 4% |
2027 Value Projection: | 2.5 Billion (USD) |
Historical Data for: | 2017 to 2020 |
No. of Pages: | 250 |
Tables, Charts & Figures: | 422 |
Segments covered: | Product, Body Type, End-Use |
Growth Drivers: |
|
Pitfalls & Challenges: |
|
To get more details on this report: Request Free Sample PDF
The North America tactical armor segment held more than 40% of the body armor market share in 2020. Rising budget allocation for defense along with an expansion of the military size across several countries will augment the industry expansion.
To get more details on this report: Request Free Sample PDF
The Asia Pacific unisex armor market is estimated to register a growth rate of above 5% through 2027. The military forces and law enforcement agencies are focusing on acquiring unisex bulletproof armors that offer greater flexibility and protection against firearm-based projectiles.
The European defense segment captured about 50% of the body armor market share in 2020. The rising need to protect warfighters and defense personnel from bullets & stab attacks will lead to higher product demand. Several defense organizations are emphasizing on enhancing personal protection through modern armors.
To get more details on this report: Request Free Sample PDF
The North America body armor market size accounted for USD 700 million in 2020. The positive outlook can be attributed to the increasing federal government spending on the military. Growing research & development of lightweight vests has is fostering the industry statistics. According to the Stockholm International Peace Research Institute (SIPRI) report 2021, the U.S. military expenditure reached USD 778 billion in 2020, an increase of 4.4% compared to 2019. Moroever, growing concerns over trade wars and perceived threats from its competitors will enhance the regional market growth.
Industry participants are focusing on launching advanced lightweight armors to provide a high degree of ballistic protection and enhanced mobility while carrying out tactical operations. For instance, in January 2021, Safariland LLC launched hardwire ballistic panels to provide maximum protection and comfort. Hardwire uses compressed Dyneema fibers to create lightweight level II and IIIA high-performance armors, supporting the market trends. The new hardwire ballistic panels are available for use in all of Safariland’s tactical and concealable vest designs.
Key players in the body armor market include Ballistic Body Armor (Pty) Ltd., AR500 Armor, XTEX Limited, Safariland LLC, Pacific Safety Systems, Point Blank Enterprises, Craig International Ballistics Pty Ltd., Mehler Vario System GmbH, SIOEN Ballistics Oy, Seyntex NV, Source Vagabond Systems Ltd., and MKU Ltd.
Click here to Buy Section of this Report
Market, By Product
Market, By Body Type
Market, By End-use
The above information has been provided for the following regions and countries: