Market Snapshot:
Soft body armor is made of multiple layers of fabric made of high-performance fibers. It has minimal to no impact on mobility and comfort. It also helps to increase situational awareness in high-risk environments. It is primarily used in combination with hard body armor by soldiers on the battlefield to provide enough ballistic protection or singly by law enforcement officers, who are more likely to face lower levels of ballistic threat. It provides protection against a range of threats including handgun ammunition, fast-moving fragments, and knives.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Chase Tactical, LLC (United States), Safariland, LLC (United States), BAE Systems (United Kingdom), PT Armor, Inc. (United States), DuPont (United States), Point Blank Solutions, Inc. (United States), Tex Tech Industries (United States), KDH Defense Systems (United States), Central Lake Armor Express, Inc. (United States) and TYR Tactical (United States) |
Segment Analysis
AMA Research have segmented the market of Global Soft Body Armor market by Type, Application and Region.
On the basis of geography, the market of Soft Body Armor has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Trend
Rapid Advancements in Body Armors and Increased Adoption of Nanotechnology
Market Drivers
Increased Government Spending on Personal Safety Equipment for Soldiers and Increasing Threat of Terrorist Attacks
Opportunities
High Demand from End-user Industry and Growing Demand from Developing Countries
Restraints
- Lack of Total Protection and it Needs to Wear Hard Body Armor Above It
In addition to the aforementioned factor, Increased Government Spending on Personal Safety Equipment for Soldiers
is expected to propel the growth of the market over the forecast period.
Competitive Landscape
There are various companies that are operating in the new geographical regions by adopting various market growth initiatives such as mergers & acquisitions, expansions, investments, and others. There are various new market players are entering the market to capture market growth opportunities.
The key Vendors profiled in the study are Chase Tactical, LLC (United States), Safariland, LLC (United States), BAE Systems (United Kingdom), PT Armor, Inc. (United States), DuPont (United States), Point Blank Solutions, Inc. (United States), Tex Tech Industries (United States), KDH Defense Systems (United States), Central Lake Armor Express, Inc. (United States) and TYR Tactical (United States). A lot of United States players are profiled in the research study indicating a strong market dependence.