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The Global Body Armor and Personal Protection Market 2018-2028 report offers a detailed analysis of the industry, with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for body armor and personal protective equipment, key market trends, and challenges faced by industry participants.
The demand for body armor and personal protection equipment is expected to be driven by modernization initiatives undertaken by various large defence spenders across the world and internal security threats, such as terrorism and organized crime, police modernization programs.
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This Report Focus on the North American region is forecasted to dominate the sector with a share of 32.2%, and the Asia-Pacific market is dominated by China, India, and Australia. Russia and the UK occupies a major market share in the European region.
Global body armor and personal protection market is expected to value US$2.1 Billion in 2017, and will grow at a CAGR of 4.11%, to value US$3.1 Billion by 2027. The cumulative market for global expenditure on military body armor and personal protection will reach US$27.7 Billion over the forecast period. The demand for body armors and personal protection equipment is expected to be driven by modernization initiatives undertaken by various large defense spenders across the world and internal security threats, such as terrorism and organized crime and police modernization programs.
Sample Companies are BAE Systems, Honeywell International, Inc, 3M, ArmorSource LLC, Combat Clothing Australia, Survitec Group Limited, Plasan Sasa Composite Materials, Anjani Technoplast Ltd, M Cubed Technologies, Sarkar Defence Solutions, Point Blank Body Armor Inc, Bates Footwear, Inc.
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