Report on Body Armor Market for Military Applications By 2021 April 2017
Global Body Armor Market for Military Applications 2017-2021
The global body armor market for military applications is expected to witness significant growth during
the forecast period. One of the reasons for market growth is the increasing safety concerns for armed
forces and the global presence of vendors offering a wide range of body armors.
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The market is also driven by increasing security threats across regions and advances in explosive devices,
which has led to several deaths. Also, the increase in the defense expenditure will drive the growth of
the body armor market for military applications. Several other factors that impact the growth of the
market include growing violence and increase in the number of terrorist attacks. Also, modern warfare
has become increasingly asymmetric, which includes counter-insurgency and counter-terrorism
operations.
The analysts forecast global body armor market for military applications to grow at a CAGR of 6.65%
during the period 2017-2021.
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This report covers the present scenario and the growth prospects of the global Body Armor Market for
Military Applications for 2017-2021. To calculate the market size, the report considers the revenue
generated from the sales of body armors at the manufacturer level.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
The report, Global Body Armor Market for Military Applications 2017-2021, has been prepared based on
an in-depth market analysis with inputs from industry experts. This report covers the market landscape
and its growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
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market-for-military-applications-2017-2021.html
Key vendors
MKU
3M
BAE Systems
Ballistic Body Armor
Other prominent vendors
AR500 ARMOR
Combat Clothing Australia
Point Blank Enterprises