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.
In 2019, the market size of Bulletproof Vest is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Bulletproof Vest.
This report studies the global market size of Bulletproof Vest, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Bulletproof Vest sales volume, revenue, market share and growth rate for each key company, and also covers the breakdown data (sales, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered: VestGuard UK, Point Black Body Armor, Canarmor, Black Hawk, Armour Wear, BulletBlocker, EnGarde, Imperial Armour, PPSS, Survival Armor, US Armor
Market Segment by Product Type: Soft Vest, Hard Vest
Market Segment by Application: Defense, Civilians, Law Enforcement
Key Regions split in this report: breakdown data for each region.: United States, China, European Union, Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Bulletproof Vest status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Bulletproof Vest manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and 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
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