Body Armor Plate Market Size, Share, Growth Forecast

Bulletproof vest market size

The bulletproof vest market is expected to be valued at over USD 1.8 billion in 2022, growing at a CAGR of around 5% between 2023 and 2032. The industry is expected to grow due to the increasing need for better protection against threats. Modern materials and design advancements such as composites and lightweight, strong ceramics are improving ballistic resistance without sacrificing mobility. Military, law enforcement, and security agencies are purchasing state-of-the-art bulletproof vests as they provide higher levels of protection against constantly changing threats. The need for cutting-edge products by end users seeking the best possible worker safety is driving this trend. For example, in September 2023, Ace Link Armor (USA) partnered with Glágio do Brasil (Brazil) to introduce ballistic protection bulletproof vest products to the US market. Ace Link Armor has launched a NIJ-certified hard armor plate that promises protection from high-powered rifle caliber rounds such as 7.6251 M80, 5.56x45mm M855, and 7.62x39MSC.

Body Armor Plate Market

Body armor plates are protective inserts designed to enhance personal safety by providing ballistic resistance to gunfire and explosive shrapnel. They are typically made from materials such as ceramic or composite and are worn in conjunction with soft armor and inserted into plate carriers, vests, or tactical garments to provide additional protection to military, law enforcement, and security personnel.

The high price of bulletproof vests severely limits market growth and prevents widespread adoption. These protective solutions are expensive due to advanced materials and manufacturing techniques that increase production costs. Budgetary allocations to military, law enforcement, and other potential users are affected by this price restriction. Overall, the cost aspect affects the growth and market penetration of bulletproof vests, making widespread deployment difficult and potentially unavailable to small and medium-sized businesses and countries with limited budgets.

Impact of COVID-19

The COVID-19 pandemic has had a significant impact on the bulletproof vest market. Initially, lockdowns caused disruptions to supply chains and industries. However, market demand increased, especially from the military sector and law enforcement agencies, which prioritize worker safety. Rising security concerns and emphasis on improving defense capabilities led to increased investments in bulletproof vests. Procurement budgets were affected by economic uncertainties in some regions, which influenced market trends during and after the pandemic.

Market Trends for Body Armor Plates

Recent advances in lightweight, high-performance materials have improved the efficiency of the ballistic plate industry. Integration of sensors and communication devices has improved situational awareness. More and more operational needs are being met by modular, adaptable solutions. Design enhancements prioritize wearer comfort and mobility while maintaining levels of protection. These patterns reflect a changing marketplace where user-centered design, customization and cutting-edge technology combine to meet the changing needs of ballistic plate solutions.

The demand for sophisticated bulletproof vests is growing due to shifts in geopolitics and security concerns that influence procurement decisions. Global military modernization plans are driving increased investments in cutting edge technology. Bulletproof vest plates, which protect against a wide variety of threats against ballistic, stab and spike hazards, are in high demand in the market. The sector is also growing due to the development of e-commerce platforms that provide ease of purchase to private consumers, police and military.

Body Armor Plate Market Analysis

Bulletproof Vest Market Size by Material, 2021-2032 (USD Billion)

Based on material, the market is classified into steel, aramid, ultra-high molecular weight polyethylene (UHMWPE), composite ceramic, and others. The composite ceramic segment dominated the global market with a share of over 30% in 2022.

  • The bulletproof plate industry is expected to expand due to the superior ballistic properties of composite ceramics. Plates that combine materials such as ceramics and other composites are strong, lightweight, and offer superior protection against ballistic threats.
  • The need for more comfortable and mobile body armor is driving the use of composite ceramic materials. The market for composite ceramic body armor is expected to grow as law enforcement and military organizations seek increased protection without sacrificing mobility.
Body Armor Plate Market Share by Level, 2022

Based on level, the market is divided into Level II, Level III, and Level IV. The Level II segment will register the fastest CAGR of over 5.5% through 2032.

  • The Level II segment is expected to grow further due to the versatile protection these plates offer against common threats such as handguns.
  • As law enforcement, security forces, and civilians seek lightweight, flexible solutions, Level II body armor plates offer a good balance of protection and comfort, making them suitable for a wide range of applications. The growing demand for adaptable and efficient protection is driving the growth of the Level II body armor plates segment.
U.S. Body Armor Plates Market Size, 2021-2032 (USD Million)

North America dominated the global market with a share of over 30% in 2022. The bulletproof vest plates market in this region is expected to grow due to the rising demand for law enforcement, military modernization, and security. The geopolitical environment and increasing investments in cutting-edge defense technologies are driving the need for effective bulletproof vest solutions. To meet the changing demands of security and defense forces, North America is positioned as a major growth market for bulletproof vest plates. The region is dedicated to ensuring the safety of personnel and ongoing military and police activities.

Bulletproof vest market share

Companies operating in the industry are focusing on implementing various growth strategies to enhance their offerings and expand their reach in the market. These strategies include new product development and launches, partnerships and collaborations, mergers and acquisitions, and customer retention. Also, these companies are investing heavily in research and development to introduce innovative and technologically advanced solutions in the market. Major companies operating in the Body Armor Plates industry are:

  • AEGIS Engineering Systems
  • Armored Republic LLC
  • BAE Systems
  • Ballistic Body Armour Pty. Ltd.
  • Blue Water Defense Co., Ltd.
  • Ceradyne Corporation (a subsidiary of 3M)
  • Craig International Ballistics, Inc.

Bulletproof vest industry news

  • In September 2023, the UK Ministry of Defence awarded a $48.96 million contract to BAE Systems to manufacture the Stryker II digital helmet-mounted display for Typhoon fighter pilots. The new helmet is a fully digitalised system, a significant improvement over the Stryker previously in service.
  • In April 2023, DuPont introduced Kevlar EXO aramid fiber, a derivative of Kevlar that is a more effective, flexible and lightweight bulletproof vest. This bulletproof vest is the most notable improvement over previous derivatives.

The Body Armour Plates market research report includes detailed information about the industry. Revenue (USD Billion) estimates and forecasts from 2018 to 2032, For the following segments:

click here Buy sections of this report

By market and material

  • steel
  • Aramid
  • Ultra-High Molecular Weight Polyethylene (UHMWPE)
  • Composite Ceramic
  • others

Markets and levels

  • Level II
  • Level III
  • Level IV

By market and application

  • defense
  • Law Enforcement Protection

The above information is provided for the following regions and countries:

  • North America
  • Europe

    • Germany
    • England
    • France
    • Italy
    • Spain
    • Other Europe

  • Asia Pacific

    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific

  • latin america

    • Brazil
    • Mexico
    • Other Latin America

  • thing

    • United Arab Emirates
    • Saudi Arabia
    • South Africa
    • Remaining MEA

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