Global Bullet Proof Jacket Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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BulletProof Jacket Market Overview:
The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027.
The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global bulletproof jacket market report has been segmented on the basis of product type, end-user, and region.
A bulletproof jacket also called a bulletproof vest, is a personal armor that helps to absorb impact, and reduce or stop penetration to the body from firearm fired projectiles and shrapnel from explosions. Bulletproof jackets are available in two forms–hard and soft.
Hard bulletproof jackets are used to handle high-risk tactical missions and hostage release missions. Whereas soft bulletproof vests are multi-layered fiber coated jackets. These jackets are used to protect the human body from shotgun and handgun projectiles.
Recently developed bulletproof jackets are made of non-Newtonian fluid which eliminates various drawbacks of the conventional bulletproof jackets made of Kevlar. A newly developed bulletproof jacket can modify itself according to temperature and pressure. Moreover, they are more flexible and lighter as compared to traditional ones.
The major factor driving the growth of the global market over the forecast period is increasing internal as well as external security threats across the globe. In addition, increasing government initiatives for defense and other security methods, security of soldiers and civilians, and technological advancements are other factors expected to fuel the growth of the global market.
Moreover, increasing security concern for various sectors such as retail sectors, and transport security, due to increasing threats is expected to support the growth of the target market over the forecast period.
However, the high cost of bulletproof jackets is a key factor expected to restrain the growth of this market in the near future. In addition, the stringent regulatory framework is another factor expected to hamper the growth of the target market during the forecast period.
Innovative product development and technological advancements such as the implementation of nanoparticles in bulletproof jackets are expected to create potential opportunities for players in the market during the forecast period.
The market in North America dominates the global market in terms of revenue, owing to rising disposable income, along with the growing inclination of government towards safety and protection of defense and civilians in countries in this region.
The market in Europe accounted for the second-largest market share of this market and is expected to remain the same during the forecast period, owing to government initiatives and the use of advanced technologies for manufacturing bulletproof jackets in various countries in this region.
Global bulletproof jacket market segmentation:
Segmentation by product type:
- Soft Vest
- Hard Vest
Segmentation by end-user:
- Law Enforcement
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- VestGuard UK
- Point Blank Enterprises, Inc.
- Canadian Armour Ltd.
- Blackhawk, Inc.
- MKU Limited
- EnGarde Body Armor
- Armourshield Ltd.
- BAE Systems
- Safariland, LLC.
- Sarkar Tactical Inc.
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