A bulletproof vest, also known as a bullet-resistant vest or ballistic vest is a type of personal protective equipment. It is used by the military, law enforcement personals, and many times by civilians as a protective cover against bullets and shrapnel from explosions. Soft bulletproof vests weigh less and provide protection against small-caliber handguns. Hard bulletproof vests are used in combat, high-risk tactical missions, and hostage rescue missions.
The soft vest is made of different layers of woven and laminated fibers that protect soldiers, security guards from shotgun, small caliber hand gun, and explosives. Ballistic plates are often inserted inside the soft vests. In addition, metal plates can be used with soft vests, thereby providing extra protection against rifles and knife stabbing. These vests use different layers of strong fibers that bends bullet, spreading its force over a wider portion of the fiber thus growing the bullet into a dish shape.
In 2015, soft vest segment dominated the market size and will continue to lead the market over the forecast period with maximum market size. Soft bulletproof vests are flexible, easier to wear, and lighter than the hard vests. While soft bulletproof vests cannot stop very high-velocity bullets, they can stop slower bullets such as .45ACP, 00 Buckshot, .40S&W, and the other types of bullets fired up to 1,500 ft. per second. They are widely used by law enforcement agencies and civilians, which will contribute to this segment’s growth until the end of 2025.
In terms of geographical regions, North America accounted for the majority of market shares and will continue to lead the market during the forecast period. The US is the highest revenue generating country in the region as the US House of Representatives allocated a defense budget of USD 585 billion through the National Defense Authorization Act in 2015. The sharp rise in the defense budget of the US will lead to the increased demand for bulletproof vests in the region.
The global Bulletproof Vest market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Bulletproof Vest market based on company, product type, end user and key regions.
This report studies the global market size of Bulletproof Vest in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Bulletproof Vest in these regions.
This research report categorizes the global Bulletproof Vest market by top players/brands, region, type and end user. This report also studies the global Bulletproof Vest market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
VestGuard UK
Point Black Body Armor
Canarmor
Black Hawk
Armour Wear
BulletBlocker
EnGarde
Imperial Armour
PPSS
Survival Armor
US Armor
Market size by Product
Soft Vest
Hard Vest
Market size by End User
Defense
Civilians
Law Enforcement
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Bulletproof Vest market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Bulletproof Vest market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Bulletproof Vest companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Bulletproof Vest submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Bulletproof Vest are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Bulletproof Vest market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Bulletproof Vest . Industry analysis & Market Report on Bulletproof Vest is a syndicated market report, published as Global Bulletproof Vest Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Bulletproof Vest market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.