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The global body armor market is projected to reach ~US$ 3,231 Mn by the end of 2029. The market was valued at ~US$ 1,946 Mn in 2019. If these figures hold true, the market will exhibit a CAGR of ~5.2% between 2019 and 2029. Regionally, North America is expected dominate the market. However during the forecast period, East Asia will exhibit more lucrative growth opportunities. In terms of product type, the market can be classified into soft, hard and accessories. The soft body armor is expected to increase the market share as technological innovations and modernization initiatives prompt security agencies and military forces to opt for the latest equipment.
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Body Armor Market June 2020 Report Id : REP-GB-11146 Published On : March-2020 Category : Retail and Consumer Products www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved
About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Research Capabilities ❑ Customized Research ❑ Syndicated Research ❑ Investment Research ❑ Social Media Research ❑ Industrial Automation and Equipment Sector Coverage Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas ❑ ❑ ❑ ❑ ❑ ❑ ❑ Customized Research Subscription Information For detailed subscription information please Syndicated Research contact Investment Research Hari. T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Social Media Research www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved 2
Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain ❑ FMI formulates a detailed discussion guide to conduct expert and industry interviews Formulating discussion guide ❑ ❑ 3 A ❑ FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts ❑ Key industry experts Channel study Developments Market dynamics Products Conclusions Primary Research Developing list of respondents ❑ B 4 ❑ SOLUTION FMI conducts interviews with industry experts, industry players, distributors and retailers Desk Research ❑ Data collection ❑ Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments ❑ C ❑ ❑ 5 ❑ Company Analysis Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data ❑ Data validation ❑ 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research # Secondary Research # Paid Publications# Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater ❑ ❑ ❑ ❑ ❑ ❑ ❑ ❑ ❑ ❑ 7 FMI delivers industry insights and information in the required format (PDF) Insights ❑ ❑ # includes sources of databases www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved 3
Body Armor Market Analysis Body Armor Market Forecast Revised in a New Future Market Insights Report as COVID-19 Projected to Hold a Massive Impact on Sales in 2020 Future Outlook of the Global Body Armor Market Future Market Insights, in a recently published market report, offers an in-depth analysis of the current and future prospects of the Body Armor Market. The report throws light on the critical factors that are projected to impact the overall dynamics of the Body Armor Market such as the current trends, growth opportunities, restraints, and market drivers. As per the study, the Body Armor Market is set to reach ~US$ 3,231 Mn by the end of 2019 and is anticipated to register a CAGR growth of ~5.2% over the forecast period (2019-2029). The report includes vital data including the potential growth of the emerging market players in the Body Armor Market. The market study tracks the major development across the Body Armor Market during the COVID-19 pandemic and offers valuable insights regarding the critical business strategies market players should consider to strengthen their foothold in the market. The impact of the novel COVID-19 event on the global Body Armor Market is discussed in the report in detail. For more insights into the Market, request a sample of this report@ https:// www.futuremarketinsights.com/reports/sample/rep-gb-11146 Critical Doubts Related to the Body Armor Market Addressed in the Report: www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved 4
Body Armor Market Analysis 1.How are market players promoting their products during the COVID-19 event? 2.How have the ascending prices of essential raw materials affected the prospects of the Body Armor Market? 3.The market in which region is projected to be feel the maximum impact of the COVID-19 pandemic? 4.What is the projected CAGR growth of the Body Armor Market in region 1 during the forecast period? 5.What is the estimated value of the Body Armor Market in 2029? Regional Assessment This chapter of the report offers a thorough analysis of the regulatory framework, government policies, and the business environment across various regional markets. Regions covered in the report: • North America • Latin America • Europe www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved 5
Body Armor Market Analysis • East Asia • South Asia • Oceania • Middle East & Africa Competitive Assessment The competitive assessment chapter provides a thorough understanding of the business prospects of some of the most prominent companies in the Body Armor Market. The study evaluates the distribution and marketing channels of these companies along with their marketing, sales, and promotional strategies adopted by each market participant amid the COVID-19 outbreak. Companies profiled in the report: • The BAE Systems; • Aegis Engineering Ltd.; • AR500 Armor; • Craig International Ballistics Pty Ltd.; www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved 6
Body Armor Market Analysis • East Asia • South Asia • Oceania • Middle East & Africa Competitive Assessment The competitive assessment chapter provides a thorough understanding of the business prospects of some of the most prominent companies in the Body Armor Market. The study evaluates the distribution and marketing channels of these companies along with their marketing, sales, and promotional strategies adopted by each market participant amid the COVID-19 outbreak. Companies profiled in the report: • The BAE Systems; • Aegis Engineering Ltd.; • AR500 Armor; • Craig International Ballistics Pty Ltd.; www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved 7
Body Armor Market Analysis • Ceradyne, Inc.; • Hellweg International; • Point Blank Enterprises, Inc.; End-use Analysis The end-use analysis offers a clear picture regarding the adoption rate of the Body Armor for various end-uses including: By Application • Defence & Security Personnel • Law Enforcement Officers • Civilians Key Findings of the Report: • Technological advancements and innovations pertaining to the Body Armor Market • Impact of the COVID-19 event on market growth • Marketing and sales strategies adopted by leading players in the Body Armor Market www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved 8
Body Armor Market Analysis • Micro and macro-economic factors likely to influence the growth of the Body Armor Market • Y-o-Y growth of the Body Armor Market segments and sub-segments For Information On The Research Approach Used In The Report, Request Methodology@ https://www.futuremarketinsights.com/askus/rep-gb-11146 Why Purchase from Future Market Insights? • Among the leading market research companies in India • Up-to-date market research and analytical techniques deployed to curate reports • Round the clock customer service to cater to client queries • The analysts have a systematic and methodical data gathering process • Tailor-made reports available at affordable prices www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved 9
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