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Body Armor Market Share

  • Report ID: GMI4268
  • Published Date: Sep 2021
  • Report Format: PDF

Body Armor Market Share

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
  • MKU Ltd.
Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

Body armor market size surpassed USD 2 billion in 2020 and will record a CAGR of over 4% through 2027, says this GMI report.

The major body armor manufacturers are Ballistic Body Armor (Pty) Ltd., AR500 Armor, Safariland LLC, Pacific Safety Systems, Point Blank Enterprises, and Mehler Vario System GmbH, among others.

North America tactical body armor market had captured over 40% share in 2020 owing to the increasing defense budget along with the growing military size in several regional countries.

Asia Pacific unisex body armor market will observe a CAGR of above 5% through 2027 with increasing investment from military forces and law enforcement agencies to offer greater flexibility and protection against firearm-based projectiles.

Body Armor Market Scope

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Premium Report Details

  • Base Year: 2020
  • Companies covered: 13
  • Tables & Figures: 422
  • Countries covered: 16
  • Pages: 250
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