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(Transportation-News.com, September 14, 2018 ) Body Armor and Personal Protection Market is an item of personal armor or helmet etc. that helps absorb the impact and reduce or stop penetration to the body from firearm -fired projectiles – and shrapnel from explosions, and is worn on the torso. This report mainly covers the body armor and personal protection product: Body Armor, Headgear, Others (gloves and other); while we can also offer any product survey report related to the body armor and personal protection industry chain.
Body armor and personal protection Market is an item of personal armor or helmet etc. that helps absorb the impact and reduce or stop penetration to the body from firearm -fired projectiles – and shrapnel from explosions, and is worn on the torso. The types of body armor and personal protection mainly include soft Armor, hard Armor, headgear and others. In 2016, the type revenue, the soft armor segment is expected to account for 37% of the global body armor and personal protection market, followed by the hard armor segment with a share of 22% and headgear with a share of 19%. The body armor and personal protection is relatively concentrated, the production of top ten manufacturers account about 72% of global production.
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The high-end products mainly come from United States and Europe. Global defense industry investment in R&D has led to the development of new soldier modernization technologies that enhance survivability and sustainability capabilities, including advanced combat clothing, boots, hard armor, eyewear and helmets. The countries with the highest levels of defense spending are now focusing on building smaller infantries with enhanced survivability in order to derive maximum effectiveness from troop deployment. This has led major defense spenders such as China, France, the UK and the US to invest significantly in body armor and personal protection equipment. In the world wide, the plants of major manufactures mainly distribute in United States and Europe, In United States, like PBE, are the leading manufacture in this area. As to Europe, BAE Systems has become the leader of domestic manufactures.
North America and Europe is the leading spender in the body armor and personal protection sector and accounts for 83% of the global revenue market. China is also expected to account for a significant portion of the total body armor and personal protection market during the forecast period, with shares of 11% respectively. The Middle East, Latin America, and Africa account for 1.5%, 1%, and 1.3% of global body armor and personal protection expenditure respectively. This will be largely driven by the efforts of countries such as China, India and Russia to provide enhanced survivability to their armed forces.
Over the next five years, LPI(LP Information) projects that Body Armor and Personal Protection will register a 4.8% CAGR in terms of revenue, reach US$ 19 million by 2023, from US$ 15 million in 2017.
This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players: BAE Systems PBE Safariland Ceradyne Wolverine Jihua Group Ningbo Dacheng Huaan Securit KDH Defense DFNS Group TenCate ADA VestGuard Sarkar Defense PSP Anjani Technoplast AR500 Armour Survitec Group U.S. Armor Ballistic Body Armour Zebra Sun
Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like North America (United States, Canada and Mexico) Asia-Pacific (China, Japan, Southeast Asia, India and Korea) Europe (Germany, UK, France, Italy and Russia etc.) South America (Brazil, Chile, Peru and Argentina) Middle East and Africa (Egypt, South Africa, Saudi Arabia)
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into Soft Armor Hard Armor Headgear Others Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into Defense Cilivians Homeland Security Others
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Source: EmailWire.Com
Source: EmailWire.com
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