DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Body Armor Market for Military Applications 2017-2021" report to their offering.
The analysts forecast the global body armor market for military applications to grow at a CAGR of 6.65% during the period 2017-2021.
Global Body Armor Market for Military Applications 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The 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.
One trend in market is increasing demand for liquid body armor. Liquid body armor is a bulletproof body armor made of layered and fabricated Kevlar synthetic fibers, which make it stronger than steel. Kevlar stops bullets by bending inside upon the impact. This can sometimes be harmful and often lead to death during the combat.
To overcome these shortcomings, MORATEX developed a liquid called STF that enhances the flexibility and strength of the armor.
One driver in market is rise in security threats. The rise in conflicts, domestic terrorism, damage from attacks, cross-border terrorism, and other hazards pose a threat to national security. The world has been witnessing several conflicts such as ISIS conflict, Indo-Pak conflict over Kashmir, Syrian civil war, the Lebanon conflict, and the US-North Korea tensions over the past decade.
One challenges in market is difficulty in optimizing weight of body armor. Although vendors are focusing on using lightweight material for manufacturing body armors, the weight of the body armor still poses a challenge for the market. High-performance body armors are integrated with specialized equipment, allowing the personnel to engage in combat without any hindrances.
- BAE Systems
Ballistic Body Armor
Other prominent vendors
- AR500 ARMOR
- Combat Clothing Australia
- Point Blank Enterprises
- Craig International Ballistics
- Kejo Limited Company
- Pacific Safety Products
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Global body armor market for military applications
Part 06: Market segmentation by material
Part 07: Market segmentation by product
Part 08: Geographical segmentation
Part 09: Decision framework
Part 10: Drivers and challenges
Part 11: Market trends
Part 12: Vendor landscape
Part 13: Key vendor analysis
For more information about this report visit https://www.researchandmarkets.com/research/t47pmc/global_body_armor