Global Body Armor Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 - (By Level Coverage, By Application Coverage, By Material Coverage, By Geographic Coverage and By Company)
Published Date: Nov 2023 |
Format:
| No. of Pages: 231
The global body armor market size as of 2022 is approximately US$2.9 Bn.
The global body armor market revenue has been projected for a promising CAGR of 5.9% during 2023 - 2030.
While level I dominated the other level-wise segments of the market, the law enforcement protection application represents the leading segment by application. On the other hand, regional analysis of the market reveals prominence of North America.
The primary factor projected to drive the revenue growth of the body armor market is the increasing security concerns all over the world.
Some of the biggest names include companies like BAE Systems Inc., DuPont de Nemours, Inc., Honeywell International, 3M Company, U.S. Armor Corporation, Sarkar Defense Solutions, and Ballistic Body Armour.