Product Synopsis
This report is the result of SDI's
extensive market and company research covering the global body armor and
personal protection industry. It provides detailed analysis of both
historic and forecast global industry values, factors influencing
demand, the challenges faced by industry participants, analysis of the
leading companies in the industry, and key news.
Introduction and Landscape
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What are the key drivers behind recent market changes:
The global body armor and personal
protection market is currently characterized by rapidly growing demand
and not enough supply. Since combat operations began in Iraq and
Afghanistan, the US and allied forces have borne the brunt of frequent
and deadly attacks from insurgents using various weapons such as
improvised explosive devices (IED), mortars, rocket launchers, and
increasingly lethal ballistic threats. Sir Jock Stirrup, the head of the
British Armed Forces during the Iraq conflict, admitted that some
troops sent into Iraq did not have the proper desert combat clothing and
boots, while others did not get the body armor they should have had. In
another incident, the lack of adequate body armor contributed to the
death of a British Army sergeant in Iraq in 2006. An official report on
the issues concerning the British Army criticized the MoD for failing to
ensure that enough sets of the enhanced combat body armor were
available for troops during the war. Furthermore, in April 2005, the
Government Accountability Office (GAO) reported on shortages of critical
force protection items, including individual body armor, primarily due
to materials shortages, production limitations, and distribution
problems.
What makes this report unique and essential to read?
“The Global Body
Armor and Personal Protection Market 2013-2023” provides detailed
analysis of the current industry size and growth expectations from 2013
to 2023, including highlights of key growth stimulators. It also
benchmarks the industry against key global markets and provides detailed
understanding of emerging opportunities in specific areas.
Key Features and Benefits
- The report provides detailed analysis of the market for body armor during 2013-2023, including the factors that influence why countries are investing or cutting expenditure on body armor. It provides detailed expectations of growth rates and projected total expenditure.
- Countries across the world are implementing extensive soldier modernization programs and have placed significant emphasis on the survivability component of soldier modernization. This focus on survivability has made it imperative for a large number of countries to procure body armor and other personal protection equipment for their armed forces. Moreover, most of these survivability programs are multi-year programs, which ensure that the procurement of body armor and personal protection equipment are carried out over a number of years and therefore, in the process have provided an impetus to the body armor and personal protection market. The major survivability-based soldier modernization programs of North America, which include the procurement of body armor and personal protection systems, are the acquisition of Force Protection Systems and components for the US Army, and the Buffalo A2 Bar Armor Kits program. The Asia-Pacific survivability market is dominated by Australia's Land 125 Phase 3B program and India's procurement of survivability equipment for the F-INSAS program. In Europe the main contributor to the survivability-based soldier modernization equipment procurement is the UK's Future Infantry Soldier Technology (FIST) program, which includes several body armor types and other soldier protection equipment in its ambit.
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