Body Armor Market to represent a significant expansion at CAGR of 4.0%. by 2021
by Bisbjeet121 · November 6 Cheap MLB Baseball Jerseys China , 2018


Research and Development in Manufacturing Technology of Body Armor Drives Market


The ongoing soldier modernization programs initiated by several governments across the globe are augmenting the sale of body armor. Organizations are also investing in state-of-art armor as they come with enhanced mobility, lethality, sustainability, and survivability, states Research Report Insights. The increasing investments in research and development activities to develop light-weight materials and to incorporate technical precision in manufacturing body armor suits is likely to drive the growth of the market in the near future. The rising threats of terrorism due to political instability are also expected to boost the demand for body armor in the near future.


The report states that the opportunity in the聽global body armor market聽was worth US$3.30 bn in 2014 and is expected to reach US$4.33 bn by the end of 2021. Between 2015 and 2021, the overall market is projected to expand at a CAGR of 4.0%. The global market will also receive an impetus from laws mandating use of body armor among law enforcement and military personnel, as is seen across the U.A.E. Furthermore Cheap Custom MLB Baseball Jerseys , the investments made by Brazil, Russia, the U.S., and India to develop sophisticated materials will also enhance the quality of body armor in the near future, thereby propelling their demand.


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Demand for Type IV Body Armor Projected to Remain High