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Global Body Armor Market Size is Estimated to Reach USD 3.78 billion by 2031, Growing at a CAGR of 6.20%: Straits Research - Vimarsana News

Global Body Armor Market Size is Estimated to Reach USD 3.78 billion by 2031, Growing at a CAGR of 6.20%: Straits Research

The body armor industry is steadily changing due to technological advancement. Innovative methods like liquid body armor, dragon skin, and DEFCON have increased demand over the past few years. Additionally, modular tactical vests and double-sided combat uniforms are in greater demand because they provide excellent protection.New York, United States, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Body armor combines a vest, helmet, and shield soldiers wear to protect from piercing blows, bullets, and other we

Source: yahoo.com
Body Armor Plates Market Size Worth $2.5 Billion By 2027 | CAGR 5.2%: Grand View Research, Inc. - Vimarsana News

Body Armor Plates Market Size Worth $2.5 Billion By 2027 | CAGR 5.2%: Grand View Research, Inc.

Share this article SAN FRANCISCO, Feb. 2, 2021 /PRNewswire/ -- The global body armor plates market size is expected to reach USD 2.5 billion by 2027, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 5.2% from 2020 to 2027. The rising demand for armor suits from defense and law enforcement agencies worldwide increases the body armor plate market's growth. Also, emerging economies, such as India and China, are increasingly focusing on replacing legacy military equipment and increasing their defense budget. For instance, in May 2020, China hi...