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Body Armor Plates Market 2023 - Industry Size, Future Insights, Growth Drivers And Top Players

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Body Armor Plates Market 2023 - Industry Size, Future Insights, Growth Drivers And Top Players

The Body Armor Plates Global Market Report 2023, provides comprehensive information on the body armor plates market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

 

Learn More On The Body Armor Plates Market’s Growth:

https://www.thebusinessresearchcompany.com/report/body-armor-plates-global-market-report

 

The global body armor plates market size is expected to grow from $1.86 billion in 2022 to $1.98 billion in 2023 at a compound annual growth rate (CAGR) of 6.22%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global body armor plates market size is expected to reach $2.43 billion in 2027 at a CAGR of 5.33%.

 

Get A Free Sample Of The Report (Includes Graphs And Tables):

https://www.thebusinessresearchcompany.com/sample_request?id=10849&type=smp

 

Product innovation is the key trend gaining popularity in the body armor plates market. Major companies operating in the body armor plates market are focusing on developing new products to lead the market. For instance, in January 2023, Koninklijke Ten Cate BV, a US-based manufacturer of military armor products for militaries and law enforcement agencies, launched Cratus Wave, a level 3 armor ballistic plate. The unique feature of this launch is the application of trauma reduction technology. It redistributes pressure waves between the wearer and the rigid body armor plates. This strategy lessens back face deformation, a condition where a projectile hit causes the opposite side of the armor to enlarge and produce blunt physiological stress to soldiers. Rapid energy dispersion lessens the force that results in blunt trauma.

 

The body armor plates market is segmented:

1) By Material: UHMWPE, Steel, Aramid, Composite Ceramic, Other Materials

2) By Level: Level II, Level IIA, Level III, Level IIIA, Level IV, Other Levels

3) By Application: Defense, Law Enforcement Protection, Civilians, Other Applications

 

North America was the largest region in the body armor plates market in 2022.

 

The table of contents in TBRC’s body armor plates market report includes:

1. Executive Summary

2. Body Armor Plates Market Characteristics

3. Body Armor Plates Market Trends And Strategies

4. Body Armor Plates Market - Macro Economic Scenario

5. Body Armor Plates Market Size And Growth

......................

26. Africa Body Armor Plates Market

27. Body Armor Plates Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Body Armor Plates Market

29. Body Armor Plates Market Future Outlook and Potential Analysis

30. Appendix

 

Learn About Us: 

The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

 

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The Business Research Company 

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Americas: +1 315 623 0293

Email: [email protected]

 

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