The Body Armor Market Size was valued at USD 2.60 billion in 2022 and is expected to reach USD 4.21 billion by 2030 and grow at a CAGR of 6.2% over the forecast period 2023-2030.
Body armor is a form of protective textile whose primary function is to absorb or deflect slashing bludgeon and penetrating assaults. It was once exclusively licensed for use by the military, but it is now utilized by police, security guards, and individuals to feel comfortable and protect themselves from attacks.
Body armor is classified into two types: soft body armor and hard body armor. Body armor is classified according to its capacity to stop projectiles. Body armor is classified into two types. International standards are established by the National Institute of Justice (NIJ), whilst UK standards are established by the Home Office Scientific Development Branch.
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MARKET DYNAMICS
KEY DRIVERS
Increased progress in the Body Armour programme Countries all across the world are implementing troop upgrading programmes, with a special emphasis on survivability.
Many countries are currently investing in body Armour and other personal protection equipment for their military forces.
OPPORTUNITY
Traders have begun to utilize specific materials to improve army performance as well as to protect police officers and soldiers from blade attacks.
CHALLENGES
There is a scarcity of body Armour and personal protective equipment.
Reduced weight of body Armour without sacrificing quality is another difficulty that body Armour is facing these days.
Level IV body Armour plate led the market for body Armour plates in 2021 with a revenue share of more than 25.0%. This segment is expected to grow at a significant rate throughout the forecast period. This increase is because the final edition of NIJ Standard 0101.07 is expected to improve test techniques and performance standards for ballistic resistance levels. In addition, the new NIJ standard is expected to include additional threat levels for rifle protection. The increased vulnerability to rifle protection levels should contribute to the growth of the level IV Armour plate.
The market is divided into four applications: defense, law enforcement protection, civilians, and others. Body Armor Plates are most commonly used in the defense industry. Body Armor Plates are being used by defense forces to avoid casualties from terrorist operations and militant violence as global tensions rise. Law Enforcement Protection employees are exposed to a variety of hazards that might cause severe harm to the human body. Thus, body Armour plates aid in the prevention of harm and provide additional protection for law enforcement officers.
These authorities face danger during city protests, domestic violence, and other circumstances. In the event of a protocol violation, protection shields come in helpful to avert pandemonium during a civic demonstration. Body Armor plates are not just for military people. Civilians can also use the body Armour plates if they feel the need to. There is also a noticeable increase in civilian demand for protective shields, which contributes to the global Body Armor Plates Market's growth.
The market is classified into UHMWPE, Steel, Aramid, Composite Ceramic, and Others. UHMWPE is an Armour manufactured by attaching Ultra High Molecular Weight Polyethylene Fibers to a sheet of High-Density Polyethylene. These sheets are placed in Moulds and trimmed to shape. These sheets are then subjected to tremendous pressure and heat, which fuses them into a cohesive hard Armour plate. Steel body Armour plates are constructed of steel and protect the body from external threats such as bullets. Aramid plates are made up of heat-resistant fibers with a strong synthetic origin. They are employed in ballistic-rated body Armour.
Through their great hardness and compressive strength, composite ceramic plates are developed for armored vehicles and personal Armour to prevent projectile object penetration. The soft Armour segment led the market, accounting for 45% of global sales. The large share can be attributed to the fact that soft shields, due to their lightweight characteristics, are regarded as appropriate for vocations where flexibility and comfortable mobility are essential. Soft Armour, Soft Armour is popular among military troops since it is less in weight. Soft Armour also provides significant protection against combat risks such as ballistic bullets and pieces from explosions.
Demand for armor is likely to rise as technology advancements and modernization initiatives encourage security agencies and armed units to purchase cutting-edge equipment. When opposed to soft Armour, hard forms are typically heavier and thicker. It has plates made of titanium, steel, or ceramic that can withstand high-caliber bullets. It also provides a better level of protection than the softer product types. Furthermore, due to the growing popularity of helmets bulletproof bags, and backpacks, the accessories segment is predicted to develop at the fastest CAGR of 6.0%.
The overt category led the market, accounting for more than 85 percent of global revenue. The high proportion can be linked to Kevlar's use of overt body armors, which provide greater protection from huge spikes/blades and heavy gunfire. Overt body armors are worn on top of clothing and are frequently larger and heavier due to the use of many Kevlar layers. Furthermore, covert body armors are predicted to grow at a significant CAGR of 5.8% during the forecast period. This expansion can be attributed to the growing demand for lightweight body armor with superior ballistic protection.
By Application
Defense
Law Enforcement Protection
Civilians
Others
By Material
Steel
Aramid
Composite Ceramic
By Level
Level IIA
Level II
Level IIIA
Level III
Level IV
By Product Type
Soft Armor
Hard Armor
Accessories
By Product Style
Covert
Overt
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REGIONAL ANALYSIS:
In 2021, North America will have the greatest market. Government military operations such as the Soldier Protection System-Torso and Extremity Protection (SPS-TEP) for providing full-body armour to soldiers are likely to stimulate regional market growth. Furthermore, increased military spending in nations such as Canada and the United States has boosted regional market growth.
Due to escalating border and wartime disputes in nations such as China, South Korea, and India, the Asia Pacific region has been identified as a prospective growth market in recent years. Rising government spending on the defence sector for arms and defence equipment is also predicted to benefit the market.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The Major Players are Elmon SA, Ceradyne, Inc., Hellweg International, Point Blank Enterprises, Inc., Safariland, LLC, BAE Systems, Ballistic Body Armor Pty, Craig International Ballistics Pty Ltd., Kejo Limited Company, Pacific Safety Products, and other players.
Hellweg International-Company Financial Analysis
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 2.60 Billion |
| Market Size by 2030 | US$ 4.21 Billion |
| CAGR | CAGR of 6.2% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Application (Defense, Law Enforcement Protection, Civilians, Others) • By Material (Steel, Aramid, Composite Ceramic) • By Level( Level IIA, Level II, Level IIIA, Level III, Level IV) • By Product Type(Soft Armor,Hard Armor, Accessories) • By Product Style(Covert, Overt) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Elmon SA, Ceradyne, Inc., Hellweg International, Point Blank Enterprises, Inc., Safariland, LLC, BAE Systems, Ballistic Body Armor Pty, Craig International Ballistics Pty Ltd., Kejo Limited Company, Pacific Safety Products, and other players. |
| DRIVERS | • Increased progress in body Armour program Countries all across the world are implementing troop upgrading program, with a special emphasis on survivability. • Many countries are currently investing in body Armour and other personal protection equipment for their military forces. |
| OPPORTUNITY | • Traders have begun to utilize specific materials to improve army performance as well as to protect police officers and soldiers from blade attacks. |
The market size of the Body Armor Market is expected to reach USD 3.99 billion by 2030.
Increased progress in the body Armour program and many countries are currently investing in body Armour and other personal protective equipment for their military forces are the key driving factors for the body armor market.
Aegis Engineering Ltd., Ceradyne, Inc., Hellweg International, Point-Blank Enterprises, Inc., Safariland, LLC, BAE Systems, Ballistic Body Armor Pty, Craig International Ballistics Pty Ltd., Kejo Limited Company, Pacific Safety Products. All these companies are leading in the Body Armor Market.
The growth rate of the Body Armor Market is 5.5% during the forecast period.
North American region led the Body Armor Market.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Body Armor Market, by Application
8.1 Defense
8.2 Law Enforcement Protection
8.3 Civilians
8.4 Others
9. Body Armor Market, by Material
9.1 Steel
9.2 Aramid
9.3 Composite Ceramic
10. Body Armor Market, by Level
10.1 Level IIA
10.2 Level II
10.3 Level IIIA
10.4 Level III
10.5 Level IV
11. Body Armor Market, by Product Type
11.1 Soft Armor
11.2 Hard Armor
11.3 Accessories
12. Body Armor Market, by Product Style
12.1 Covert
12.2 Overt
13. Regional Analysis
13.1 Introduction
13.2 North America
13.2.1 USA
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Germany
13.3.2 UK
13.3.3 France
13.3.4 Italy
13.3.5 Spain
13.3.6 The Netherlands
13.3.7 Rest of Europe
13.4 Asia-Pacific
13.4.1 Japan
13.4.2 South Korea
13.4.3 China
13.4.4 India
13.4.5 Australia
13.4.6 Rest of Asia-Pacific
13.5 The Middle East & Africa
13.5.1 Israel
13.5.2 UAE
13.5.3 South Africa
13.5.4 Rest
13.6 Latin America
13.6.1 Brazil
13.6.2 Argentina
13.6.3 Rest of Latin America
14. Company Profiles
14.1 Elmon SA
14.1.1 Financial
14.1.2 Products/ Services Offered
14.1.3 SWOT Analysis
14.1.4 The SNS view
14.2 Ceradyne, Inc.
14.3 Hellweg International
14.4 Point Blank Enterprises, Inc.
14.5 Safariland, LLC
14.6 BAE Systems
14.7 Ballistic Body Armor Pty
14.8 Craig International Ballistics Pty Ltd.
14.9 Kejo Limited Company
14.10 Pacific Safety Products
15. Competitive Landscape
15.1 Competitive Benchmarking
15.2 Market Share Analysis
15.3 Recent Developments
16. Conclusion
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