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The Global Body Armor Market is expected to grow by $ 5.85 bn during 2022-2026, decelerating at a CAGR of 4.00% during the forecast period

·3-min read

Global Body Armor Market 2022-2026 The analyst has been monitoring the body armor market and it is poised to grow by $ 5. 85 bn during 2022-2026, decelerating at a CAGR of 4. 00% during the forecast period.

New York, Jan. 12, 2022 (GLOBE NEWSWIRE) -- announces the release of the report "Global Body Armor Market 2022-2026" -
Our report on the body armor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by rise in security threats and the emergence of lightweight raw materials. In addition, rise in security threats is anticipated to boost the growth of the market as well.
The body armor market analysis includes the type segment and geographic landscape.

The body armor market is segmented as below:
By Type

By Geographical Landscape
• Europe
• North America
• South America

This study identifies the rising number of soldier modernization programsas one of the prime reasons driving the body armor market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on body armor market covers the following areas:
• Body armor market sizing
• Body armor market forecast
• Body armor market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading body armor market vendors that include 3M Co., AR500 Armor, BAE Systems Plc, Craig International Ballistics Pty Ltd, Hellweg International Pty Ltd, Med-Eng Holdings ULC, Point Blank Enterprises Inc., Safariland LLC, U.S. ARMOR Corp., and United Shield International LLC. Also, the body armor market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report:

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