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Global Body Armor Market for Military Applications 2017-2021

Published By :

Technavio

Published Date : Apr 2017

Category :

Military Aircraft

No. of Pages : 70 Pages

ABSTRACT
About Body Armor

The global body armor market for military applications is expected to witness significant growth during the forecast period. One of the reasons for market growth is the increasing safety concerns for armed forces and the global presence of vendors offering a wide range of body armors. The market is also driven by increasing security threats across regions and advances in explosive devices, which has led to several deaths. Also, the increase in the defense expenditure will drive the growth of the body armor market for military applications. Several other factors that impact the growth of the market include growing violence and increase in the number of terrorist attacks. Also, modern warfare has become increasingly asymmetric, which includes counter-insurgency and counter-terrorism operations.

Technavios analysts forecast the global body armor market for military applications to grow at a CAGR of 6.65% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global body armor market for military applications for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of body armors at the manufacturer level.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Body Armor Market for Military Applications 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
MKU
3M
BAE Systems
Ballistic Body Armor

Other prominent vendors
AR500 ARMOR
Combat Clothing Australia
Point Blank Enterprises
Craig International Ballistics
Kejo Limited Company
Pacific Safety Products
Hardshell
Rabintex

Market driver
Increase in defense expenses.
For a full, detailed list, view our report

Market challenge
Difficulty in optimizing weight of body armor.
For a full, detailed list, view our report

Market trend
Ergonomically designed body armor.
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.




Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Key market highlights
PART 05: Global body armor market for military applications
Market size and forecast
Five forces analysis
PART 06: Market segmentation by material
Market overview
Global metals and alloy-based body armor market for military applications
Global aramid-based body armor market for military applications
Global thermoplastic-based body armor market for military applications
Global other body armor materials market for military applications
PART 07: Market segmentation by product
Market overview
Global soft body armor market for military applications
Global hard body armor market for military applications
PART 08: Geographical segmentation
Market overview
Body armor market for military applications in Americas
Body armor market for military applications in EMEA
Body armor market for military applications in APAC
PART 09: Decision framework
PART 10: Drivers and challenges
Market drivers
Impact of drivers on key customer segments
Market challenges
Impact of challenges on key customer segments
PART 11: Market trends
Ergonomically designed body armor
Increasing demand for liquid body armor
Trend toward lightweight raw material
PART 12: Vendor landscape
Overview
Other prominent vendors
PART 13: Key vendor analysis
MKU
3M
BAE Systems
Ballistic Body Armor
PART 14: Appendix
List of abbreviations
List of Exhibits
Exhibit 01: Model standards applied for body armors
Exhibit 02: Global body armor market for military applications 2016-2021 ($ millions)
Exhibit 03: Five forces analysis
Exhibit 04: Global body armor market for military applications by material
Exhibit 05: Global body armor market for military applications by material 2016
Exhibit 06: Global body armor market for military application by material 2021
Exhibit 07: Global metals and alloy-based body armor market for military applications 2016-2021 ($ millions)
Exhibit 08: Global aramid-based body armor market for military applications 2016-2021 ($ millions)
Exhibit 09: Global thermoplastic-based body armor market for military applications 2016-2021 ($ millions)
Exhibit 10: Global other body armor materials market for military applications 2016-2021 ($ millions)
Exhibit 11: Global body armor market for military applications by product
Exhibit 12: Global body armor market for military applications by product 2016
Exhibit 13: Global body armor market for military applications by product 2021
Exhibit 14: Global soft body armor for military applications 2016-2021 ($ millions)
Exhibit 15: Global hard body armor for military applications 2016-2021 ($ millions)
Exhibit 16: Global body armor market for military applications by geography 2016
Exhibit 17: Global body armor market for military applications by geography 2021
Exhibit 18: Global body armor market for military applications by geography: CAGR 2016-2021
Exhibit 19: Body armor market for military applications in Americas 2016-2021 ($ millions)
Exhibit 20: Defense budget share in Central and South America by country 2013
Exhibit 21: Global body armor market for military applications in EMEA 2016-2021 ($ millions)
Exhibit 22: Factors driving demand for body armor
Exhibit 23: Body armor market for military applications in APAC 2016-2021 ($ millions)
Exhibit 24: Countermeasures for IED attacks
Exhibit 25: Top 10 countries by defense budget 2015
Exhibit 26: Impact of drivers
Exhibit 27: Disadvantages of heavy body armor
Exhibit 28: Impact of challenges
Exhibit 29: Advantages of lightweight body armor
Exhibit 30: MKU: Business segmentation 2015
Exhibit 31:M: Business segmentation 2016
Exhibit 32: BAE Systems: Business segmentation 2016
Exhibit 33: Ballistic Body Armor: Product segmentation 2016

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