Market Overview

The Global Body Armor Plates Market was valued at USD 1,927.6 million in 2023 and is expected to reach USD 2,958.2 million by 2031 while growing at a CAGR of 5.5% during the forecast period (2024-2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global body armor plates market growth. Body armor plates, worn with soft body armor like vests, augment protection against ballistic threats. Military personnel, law enforcement officers, and those facing heightened risks commonly use these plates for increased safety.

Increasing defense budgets and the modernization of military forces, along with a rising threat landscape, are set to drive the body armor plates market. Despite this, regulatory challenges and weight/mobility concerns may impede market expansion.

Furthermore, the global body armor plates industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Material Analysis

The Global Body Armor Plates Market is segmented among Steel, Aramid, Ultra-high molecular weight polyethylene (UHMWPE), Composite Ceramics, and Others, based on Material. In 2023, Composite ceramic accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Level Analysis

The Global Body Armor Plates Market is segmented among Level II, Level III, and Level IV, based on Level. In 2023, Level II accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Body Armor Plates Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while  Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are AEGIS Engineering Systems, Armored Republic, LLC., BAE Systems plc, Ballistic Body Armour Pty., Bluewater Defense Inc., Ceradyne Inc. (Subsidiary of 3M), Craig International Ballistics Pty. Ltd., EnGarde B.V., Hellweg International, Honeywell International Inc., Kejo Limited Company, Pacific Safety Products, Point Blank Enterprises, Inc, Safariland, LLC, Survitec Group Limited and U.S. Armor Corporation.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Body Armor Plates Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Body Armor Plates Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Body Armor Plates Market Segmentation, By Material

• Global Body Armor Plates Market Share Analysis, By Material

• Global Body Armor Plates Market Growth Analysis, By Material

• Global Body Armor Plates Market Trends, By Material

o Steel

o Aramid

o Ultra-high molecular weight polyethylene (UHMWPE)

o Composite ceramic

o Others

6. Global Body Armor Plates Market Segmentation, By Level

• Global Body Armor Plates Market Share Analysis, By Level

• Global Body Armor Plates Market Growth Analysis, By Level

• Global Body Armor Plates Market Trends, By Level

o Level II

o Level III

o Level IV

7. Global Body Armor Plates Market Segmentation, By Application

• Global Body Armor Plates Market Share Analysis, By Application

• Global Body Armor Plates Market Growth Analysis, By Application

• Global Body Armor Plates Market Trends, By Application

o Defense

o Law enforcement protection

8. Global Body Armor Plates Market Segmentation, By Region

• Global Body Armor Plates Market Share Analysis, By Region

• Global Body Armor Plates Market Growth Analysis, By Region

• Global Body Armor Plates Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

9. Competitive Landscape

• AEGIS Engineering Systems*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Armored Republic, LLC

• BAE Systems plc

• Ballistic Body Armour Pty

• Bluewater Defense Inc.

• Ceradyne Inc. (Subsidiary of 3M)

• Craig International Ballistics Pty. Ltd.

• EnGarde B.V.

• Hellweg International

• Honeywell International Inc.

• Kejo Limited Company

• Pacific Safety Products

• Point Blank Enterprises, Inc

• Safariland, LLC

• Survitec Group Limited

• U.S. Armor Corporation.

*Similar analysis will be provided for each company listed above.