A bullet proof jacket also called a bullet proof vest, is a kind of personal armor that help protect the body from firearm-fired projectiles and shards or shrapnel by absorbing the impact and preventing the projectiles from penetrating the body. Worn on the torso, the jackets are available in two types namely hard and soft.
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Progressive Markets added a report, "Global Bullet Proof Jacket Market - Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025", which says that the market is growing at a considerable CAGR from 2014 to 2025.
Hard bullet proof vests are used to combat high-risk tactical missions and hostage release missions.
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They can protect a human body from shotgun and handgun projectiles. These jackets have embedded ballistic plates such as metallic or ceramic plates on them to provide further protection against external attacks from riffles-firings or knifes.
Currently, nanomaterials are implanted into body armors to reduce their weight and provide them with greater rigidity.
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Market Drivers and Restraints
The market for bullet proof jacket is on a growing spree. The growth is basically due to the growing internal and external security threats, increase in investments by the government for defense and other security methods, greater focus towards protection of soldiers and civilians, and the growing technological advancements such as the implementation of nanoparticles in the body armor.
On the other hand, factors such as the high cost of bullet proof jackets and stringent regulatory framework are likely to limit the growth of the market.
Bullet Proof Jacket Market key Segmentation:
The bullet proof jacket industry analysis report encompasses the market segmentation by type, end user, and geography. Based on the type, the market is classified as the hard vest and soft vest.
Based on the end user, the market is divided into defense, law enforcement, and civilians. Based on geography, the bullet proof jacket industry report studies the market across North America, Asia-Pacific, LAMEA, and Europe.
The market in the North-American region covers the U.S., Mexico, and Canada. The market in the Asia-Pacific region is analyzed across South Korea, China, Japan, Australia, India, and the other parts of Asia-Pacific.
In the LAMEA region, the market has been studied across Brazil, South Africa, Saudi Arabia, and the rest of LAMEA. The market in European region has been studied in Germany, UK, Spain, France, Italy, and the other parts of Europe.
Key Market Players
The key industry leaders operating in the global bullet proof jacket market include Honeywell International Inc., U.S. Armor Corporation, E.L Dupont DE Nemours & Co., Point Blank Enterprises Inc, Wenzhou Start Co Ltd, EnGarde, MKU Limited, Infidel Body Armor, MARS Armor, Armourshield Ltd, Vestguard UK, BulletSafe, and Compass International Corp.
Key Benefits from the Report
The report offers an overall bullet proof jacket industry analysis and forecast. It incorporates the bullet proof jacket market size, bullet proof jacket market share analysis, bullet proof jacket market forecast, bullet proof jacket market outlook, major market segments, information about the leading industry players, market dynamics, competitive analysis, recent industry development analysis, and the market trends.
The data in this report is a result of a rigorous primary and secondary market research. It focuses on describing the influential factors for the growth of the bullet proof jacket market.
The market dynamics including the drivers, restraints, and opportunities help evaluate the demand and supply of the bullet proof jacket industry. The bullet proof jacket market forecast from 2017 to 2025 has been provided for each segment and region in the report.
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Market trends analysis helps predict the future of the market based on the past data. The Porter's Analysis helps evaluate the rivalry between the existing competitors and identify the factors that can affect the profitability of businesses.
It includes the bargaining power of buyers and suppliers, threat of substitutes, industry rivalry, and threat of new entrants. The bullet proof jacket market size and share analysis is done for every segment and sub-segment in the report.
It helps analyze how well the market is performing and where it is heading towards. Information about the recent developments and other things of the industry players assists in gaining insights on the overall market framework and adopting strategies to reap a profitable result.
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