Amsterdam, NL - April 15, 2019 -
The key driver for the Global Body Armor and Personal Protection Systems Market is preventing the loss of life during conflict, according to research one of the major causes of death are small arm fires and shell fragments. During World War II, around 70% of the deaths were due to shell fragments, however the introduction of the flank jackets played an important role in reducing the causalities due to shell fragmentation to 36%. Ever since the introduction of the Kevlar, the market has transformed from thick hard steel plates to lighter material with same or more resilience. Ever since the introduction of armor there has been a sense of struggle for dominance between the arms and ammunition market and the body armor market. The introduction of the Armored Piercing bullets rendered the armor plates inefficient. The report titled “Global Body Armor and Personal Protection Systems- Market and Technology Forecast to 2027” covers the evolution and market dynamics that has shaped the Military Armor and Personal Protection Systems market.
The Global Body Armor and Personal Protection Systems Market is estimated at around USD 1.36 Billion and is estimated to grow to USD 1.90 Billion during the forecast period 2019-2027. The total study period of this report is 2017-2027. The body armor market has witnessed multiple new programs in the past few decades, the key outcome of all these programs are towards developing a lighter and stronger armor. These continuous innovation programs have led to technologies like the exoskeleton and spider silk based armor. The four key success factors in the body armor and the PPS market are the cost, weight, strength and mobility. The report covers the above mentioned technologies and a few more technologies which are expected to drive the market during the forecast period, these are covered in the Technology sub section of the report.
The report, “Global Body Armor and Personal Protection Systems- Market and Technology Forecast to 2027”, covers the market for body armor and PPS in the Global military segment. The report features more than 50+ tables and 130+ figures.
This report has been segmented based on armor type, end users, product wise and region. Please refer to the Table of Content for detailed segmentation in the Market Forecast chapters.
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Publish date: March 2019 - Pages: 215