the global body armor and personal protection market 2014 2024 - sp.pdf · 2014-12-18 · 3.1 body...

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The Global Body Armor and Personal Protection Market 2013–2023

The Global Body Armor and

Personal Protection Market 2014–2024


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TABLE OF CONTENTS

1 Introduction ......................................................................................................................................... 11

1.1 What is this Report About? ..................................................................................................................11

1.2 Definitions.............................................................................................................................................11

1.3 Summary Methodology ........................................................................................................................13

1.4 About Strategic Defence Intelligence...................................................................................................14

2 Executive Summary .......................................................................................................................... 15

3 Global Body Armor and Personal Protection Market Size and Drivers .............................. 17

3.1 Body Armor and Personal Protection Market Size and Forecast 2014–2024 ....................................17

3.1.1 Global body armor and personal protection market to show positive growth during the forecast period . 17

3.2 Global Body Armor and Personal Protection Market – Regional Analysis .........................................18

3.2.1 North America dominates the global body armor and personal protection market ................................ 18

3.2.2 Demand for protective clothing, soft armor and protective head gear in the US to support the global body

armor and personal protection market ......................................................................................................... 20

3.2.3 Body armor and personal protection market is expected to register robust growth in the Asia-Pacific

region…….. ............................................................................................................................................... 22

3.2.4 Europe is expected to grow at a CAGR of XX% in the body armor and personal protection market ...... 23

3.2.5 The body armor and personal protection market in the Middle East to increase at a CAGR of XX% ..... 25

3.2.6 Brazil is expected to be the highest spender in the body armor and personal protection sector in the Latin

American region......................................................................................................................................... 26

3.2.7 Markets in Africa expected to increase over the forecast period ......................................................... 27

3.3 Body Armor and Personal Protection Sub-Sector Market Size Composition .....................................28

3.3.1 Clothing segment to account for XX% of body armor and personal protection market.......................... 28

3.3.2 Market size of protective headgear segment expected to rise at a CAGR of XX% during the forecast

period…….. ............................................................................................................................................... 31

3.3.3 The soft armor segment is expected to grow at an anticipated CAGR of XX% during the forecast period

……………………………………………………………………………………………………………………...32

3.3.4 Hard armor expected to grow at a CAGR of XX% during the forecast period ...................................... 33

3.3.5 Market for boots to grow at a CAGR of XX% over the forecast period ................................................ 35

3.4 Demand Drivers and Growth Stimulators ............................................................................................36

3.4.1 Shortage of body armors driving the market ..................................................................................... 36

3.4.2 Technological innovations driving the body armor and personal protection market .............................. 36

3.4.3 Soldier modernization programs driving procurement of enhanced body armor................................... 37

3.5 Defense Budget Spending Review ......................................................................................................39

3.5.1 North American defense expenditure projected to increase marginally during the forecast period ........ 39

3.5.2 Asian defense budgets expected to increase at a robust pace ........................................................... 40

3.5.3 European capital expenditure expected to increase during the forecast period .................................... 41


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3.5.4 Defense budgets of Middle Eastern countries likely to increase during the forecast period .................. 42

3.5.5 Modernization programs likely to drive defense expenditure in South American countries ................... 43

3.5.6 Military budgets of African countries expected to increase during the forecast period .......................... 44

3.6 Defense Modernization Review ...........................................................................................................45

3.6.1 Spending on body armor and personal protection to continue despite economic recession and budget

cuts in Europe............................................................................................................................................ 45

3.6.2 Defense budgets of Asian countries are likely to be driven by competitive arms acquisitions ............... 45

3.6.3 North American body armor procurement plans not affected by sequestration .................................... 45

3.6.4 Need to replace aging equipment driving South American defense expenditure.................................. 46

3.6.5 Security threats increasing the defense budget of African countries ................................................... 46

3.6.6 Demand for body armor is likely to increase in the Middle East .......................................................... 46

4 Industry Trends, Recent Developments and Challenges ....................................................... 47

4.1 Technological Developments ...............................................................................................................47

4.1.1 Countries are investing in developing next generation combat helmets .............................................. 47

4.1.2 Liquid armor technology to provide lighter and better protection ......................................................... 47

4.1.3 Cosworth int roduces a soldier worn electronics demonstrator ............................................................ 48

4.1.4 Double sided combat uniforms to enhance soldier survivability .......................................................... 48

4.1.5 Fabric being developed to protect against cut wounds ...................................................................... 48

4.2 Market Trends ......................................................................................................................................49

4.2.1 The US Army developing better body armors for women troops ......................................................... 49

4.2.2 Countries investing significantly to make body armor and personal protection equipment lighter .......... 49

4.2.3 Homeland security departments increasing spending on personnel protection .................................... 50

4.3 Industry Consolidation..........................................................................................................................51

4.3.1 Joint programs expected to increase over the forecast period ............................................................ 51

4.3.2 Companies are expected to consolidate in the face of global defense budget cuts .............................. 51

4.4 Key Challenges ....................................................................................................................................52

4.4.1 Reducing the burden of soldiers poses a key challenge for body armor market ................................... 52

4.4.2 Body armor for women still in its nascent stage ................................................................................ 52

5 SWOT Analysis of the Body Armor and Personal Protection Market ................................. 53

5.1 Strengths ..............................................................................................................................................54

5.1.1 The global focus on solider protection and rise in asymmetrical warfare resulting in recurring demand for

various protection systems ......................................................................................................................... 54

5.1.2 Evolution in related technology driving demand for advanced systems ............................................... 54

5.1.3 Increased adoption in homeland security ......................................................................................... 55

5.2 Weaknesses .........................................................................................................................................56

5.2.1 Weight of equipment decreasing mobility ......................................................................................... 56

5.2.2 High unit costs of individual protection equipment ............................................................................. 56


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5.3 Opportunities ........................................................................................................................................57

5.3.1 Increasing focus on body armor weight reduction presents opportunities for OEMs manufacturing lighter

products .................................................................................................................................................... 57

5.3.2 Soldier Modernization programs fuelling demand for body armor and personal protection equipment ... 57

5.4 Threats .................................................................................................................................................58

5.4.1 US and European economic crisis ................................................................................................... 58

5.4.2 Shrinking military expenditure to impact demand for advanced technology body armor and personal

protection equipment .................................................................................................................................. 58

6 Country Analysis – Body Armor and Personal Protection Market ...................................... 59

6.1 United States Market Size and Forecast 2014–2024..........................................................................60

6.1.1 Protective clothing segment expected to account for the largest share of US body armor and personal

protection market ....................................................................................................................................... 63

6.1.2 Spending on protective headgear expected to increase during the forecast period .............................. 65

6.1.3 Soft armor equipment is expected to account for the third largest share of the US body armor and

personal protection market ......................................................................................................................... 67

6.2 Russia Market Size and Forecast 2014–2024 ....................................................................................69

6.2.1 Protective headgear segment expected to lead the Russian body armor and personal protection market

……………………………………………………………………………………………………………………...72

6.2.2 Soft armor segment expected to register a CAGR of XX% during the forecast period.......................... 73

6.2.3 Expenditure on hard armor to be robust during the forecast period .................................................... 74

6.3 The United Kingdom Market Size and Forecast 2014–2024 ..............................................................75

6.3.1 Hard armor market to register robust growth during the forecast period .............................................. 78

6.3.2 Protective clothing market in the UK to increase during the forecast period ........................................ 79

6.4 France Market Size and Forecast 2014–2024 ....................................................................................80

6.4.1 Protective headgear segment expected to grow at a CAGR of XX% during the forecast period............ 83

6.4.2 Protective clothing to constitute XX% of French body armor and personal protection market ............... 84

6.4.3 Soft armor segment expected to grow at a CAGR of XX% over the forecast period............................. 85

6.4.4 Hard armor segment expected to grow at a CAGR of XX% during the forecast period......................... 86

6.5 China Market Size and Forecast 2014–2024 ......................................................................................87

6.5.1 Protective headgear expected to constitute the largest market share in China .................................... 89

6.5.2 China’s expenditure on hard armor to account for the second highest proportion of expenditure .......... 90

6.5.3 Soft armor segment is expected to exhibit a CAGR of XX% during the forecast period ........................ 91

6.6 Indian Market Size and Forecast 2014–2024......................................................................................92

6.6.1 Spending on protective headgear expected to reach US$XX million by 2024 ...................................... 95

6.6.2 Hard armor equipment expected to account for the second largest share of Indian body armor and

personal protection market ......................................................................................................................... 96

6.6.3 Soft armor segment is expected to constitute the third largest market share in India ........................... 97

6.7 Australia Market Size and Forecast 2014–2024 .................................................................................98


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6.7.1 Spending on protective headgear expected to be US$XX billion during the forecast period ............... 101

6.7.2 Soft armor segment expected to register a CAGR of XX% during the forecast period........................ 103

6.7.3 Hard armor to grow at a CAGR of XX% during the forecast period ................................................... 104

6.8 Israel Market Size and Forecast 2014–2024.....................................................................................105

6.8.1 Soft armor segment expected to lead the Is raeli body armor and personal protection market ............. 108

6.8.2 Protective headgear market in Israel to increase during the forecast period ...................................... 109

6.9 Saudi Arabia Market Size and Forecast 2014–2024.........................................................................110

6.9.1 Saudi Arabia’s expenditure on protective headgear segment to increase at a CAGR of XX% ............ 113

6.10 Brazil Market Size and Forecast 2014–2024.....................................................................................114

6.10.1 Hard armor to account for the highest proportion of expenditure by Brazil on body armor and personal

protection ................................................................................................................................................ 117

6.10.2 Soft armor accounts for second largest share of Brazilian spending on body armor and personal

protection ................................................................................................................................................ 118

6.11 South Africa Market Size and Forecast 2014–2024..........................................................................119

6.11.1 Protective headgear to account for the highest proportion of expenditure by South Africa on body armor

and personal protection ............................................................................................................................ 122

7 Major Body Armor and Personal Protection Programs ........................................................ 123

7.1 Hard Armor .........................................................................................................................................123

7.1.1 UK - Future Infantry Soldier Technology (FIST) program ................................................................. 123

7.1.2 Australia - Land 125...................................................................................................................... 124

7.1.3 India - FINSAS ............................................................................................................................. 125

7.2 Soft Armor ..........................................................................................................................................126

7.2.1 US - Warrior Web Program ........................................................................................................... 126

7.2.2 India - Modular Bullet Proof Vests Procurement .............................................................................. 127

7.3 Protective Headgear ..........................................................................................................................128

7.3.1 US - Lightweight, Advanced Combat Helmet (LW ACH) .................................................................. 128

7.3.2 US - Enhanced Combat Helmets and associated spare parts program ............................................. 129

7.4 Clothing ..............................................................................................................................................130

7.4.1 US - Operational Camouflage Pattern (OCP) Uniform ..................................................................... 130

7.4.2 France – FELIN Infantry Combat Suite – Clothing........................................................................... 131

7.5 Boots ..................................................................................................................................................132

7.5.1 US – Procurement of temperate and hot weather Boots .................................................................. 132

7.5.2 US – Procurement of Rugged All- Terrain Boots ............................................................................. 133

8 Competitive Landscape and Strategic Insights ...................................................................... 134

8.1 Competitive Landscape overview ......................................................................................................134

8.1.1 Ceradyne Inc.: Overview ............................................................................................................... 135

8.1.2 Ceradyne Inc.: Products and Services ........................................................................................... 135


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8.1.3 Ceradyne Inc.: Alliances ............................................................................................................... 135

8.1.4 Ceradyne Inc.: Recent Contract Wins ............................................................................................ 135

8.1.5 Combat Clothing Australia: Overview ............................................................................................. 136

8.1.6 Combat Clothing Australia: Products and Services ......................................................................... 136

8.1.7 Combat Clothing Australia: Recent Contract Wins .......................................................................... 136

8.1.8 ArmorSource: Overview ................................................................................................................ 137

8.1.9 ArmorSource: Products and Services............................................................................................. 137

8.1.10 ArmorSource: Alliances................................................................................................................. 137

8.1.11 ArmorSource: Recent Contract Wins ............................................................................................. 138

8.1.12 BAE Systems: Overview ............................................................................................................... 138

8.1.13 BAE Systems: Products and Services ............................................................................................ 138

8.1.14 BAE Systems: Recent Contract Wins............................................................................................. 139

8.1.15 BAE Systems: Financial Analysis .................................................................................................. 140

8.1.16 Honeywell: Overview .................................................................................................................... 142

8.1.17 Honeywell: Products and Services ................................................................................................. 142

8.1.18 Honeywell: Recent Contract Wins.................................................................................................. 142

8.1.19 Honeywell: Financial Analysis ....................................................................................................... 143

8.1.20 Survitec Group Limited: Overview.................................................................................................. 145

8.1.21 Survitec Group Limited: Products and Services .............................................................................. 145

8.1.22 Survitec Group Limited: Recent Contract Wins ............................................................................... 145

8.1.23 Plasan Sasa Composite Materials: Overview.................................................................................. 146

8.1.24 Plasan Sasa Composite Materials: Products and Services .............................................................. 146

8.1.25 Plasan Sasa Composite Materials: Recent Announcements and Strategic Initiatives ........................ 146

8.1.26 Plasan Sasa Composite Materials: Alliances .................................................................................. 147

8.1.27 Anjani Technoplast: Overview ....................................................................................................... 147

8.1.28 Anjani Technoplast: Products and Services .................................................................................... 147

8.1.29 Anjani Technoplast: Recent Announcements and Strategic Initiatives .............................................. 148

8.1.30 Anjani Technoplast: Alliances ........................................................................................................ 148

8.1.31 M Cubed Technologies: Overview ................................................................................................. 148

8.1.32 M Cubed Technologies: Products and Services .............................................................................. 148

8.1.33 M Cubed Technologies: Recent Announcements and Strategic Initiatives ........................................ 148

8.1.34 M Cubed Technologies: Recent Contract Wins ............................................................................... 149

8.1.35 Sarkar Defence Solutions: Overview .............................................................................................. 149

8.1.36 Sarkar Defence Solutions: Products and Services .......................................................................... 149

8.1.37 Sarkar Defence Solutions: Alliances .............................................................................................. 150

8.1.38 Sarkar Defence Solutions Limited: Recent Contract Wins................................................................ 151

8.1.39 Point Blank Body Armor Inc: Overview ........................................................................................... 151

8.1.40 Point Blank Body Armor Inc.: Products and Services ...................................................................... 151


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8.1.41 Point Blank Body Armor Inc: Recent Announcements and Strategic Initiatives .................................. 152

8.1.42 Point Blank Body Armor Inc: Alliances ........................................................................................... 152

8.1.43 Point Blank Body Armor Inc: Recent Contract Wins ........................................................................ 152

8.1.44 Bates Footwear, Inc.: Overview ..................................................................................................... 153

8.1.45 Bates Footwear, Inc.: Products and Services.................................................................................. 153

8.1.46 Bates Footwear, Inc.: Recent Announcements and Strategic Initiatives ............................................ 154

8.1.47 Bates Footwear, Inc.: Alliances...................................................................................................... 154

8.1.48 Bates Footwear, Inc.: Recent Contract Wins................................................................................... 155

9 Appendix ............................................................................................................................................ 156

9.1 Methodology .......................................................................................................................................156

9.2 About SDI ...........................................................................................................................................156

9.3 Disclaimer ...........................................................................................................................................156


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LIST OF FIGURES

Figure 1: Global Body Armor and Personal Protection Market (US$ Billion), 2014–2024 ......................................................................................17 Figure 2: Body Armor And Personal Protection Market Breakdown by Region (%), 2014–2024............................................................................19 Figure 3: North American Body Armor And Personal Protection Market (US$ Billion), 2014–2024 .......................................................................21 Figure 4: Asia-Pacif ic Body Armor and Personal Protection Market (US$ Billion), 2014–2024 ..............................................................................22 Figure 5: European Body Armor and Personal Protection Market (US$ Million), 2014–2024................................................................................24 Figure 6: Middle East Body Armor and Personal Protection Market (US$ Million), 2014–2024 .............................................................................25 Figure 7: Latin American Body Armor And Personal Protection Market (US$ Million), 2014–2024........................................................................26 Figure 8: African Body Armor and Personal Protection Market (US$ Million), 2014–2024 .....................................................................................27 Figure 9: Body Armor And Personal Protection Market Breakdow n by Segment (%), 2014–2024.........................................................................29 Figure 10: Clothing Market Size (US$ Billion), 2014–2024 ....................................................................................................................................30 Figure 11: Protective Headgear Market Size (US$ Billion), 2014–2024 .................................................................................................................31 Figure 12: Soft Armor Market Size (US$ Billion), 2014–2024 ................................................................................................................................32 Figure 13: Hard Armor Market Size (US$ Billion), 2014–2024 ...............................................................................................................................34 Figure 14: Boots Market Size (US$ Million), 2014–2024........................................................................................................................................35 Figure 15: Defense Capital Expenditure of Top North American Defense Spenders (US$ Billion), 2014–2024.....................................................39 Figure 16: Defense Capital Expenditure of Top Three Asian Defense Spenders (US$ Billion), 2014–2024 .........................................................40 Figure 17: Defense Capital Expenditure of Top Three European Defense Spenders (US$ Billion), 2014–2024....................................................41 Figure 18: Defense Capital Expenditure of Top Three Middle Eastern Defense Spenders (US$ Billion), 2014–2024 ...........................................42 Figure 19: Defense Capital Expenditure of Top Three South American Defense Spenders (US$ Billion), 2014–2024..........................................43 Figure 20: Defense Capital Expenditure of Top Three African Countries (US$ Billion), 2014–2024 .....................................................................44 Figure 21: Body Armor And Personal Protection Market in the US (US$ Billion), 2014–2024................................................................................61 Figure 22: Body Armor And Personal Protection Market Split By Category in the US (%), 2014–2024 .................................................................62 Figure 23: Protective Clothing Market Size in the US (US$ Million), 2014–2024 ..................................................................................................64 Figure 24: Protective Headgear Market Size in the US (US$ Million), 2014–2024.................................................................................................66 Figure 25: Soft Armor Market Size in the US (US$ Million), 2014–2024 ................................................................................................................68 Figure 26: Body Armor and Personal Protection Market in Russia (US$ Million), 2014–2024 ...............................................................................70 Figure 27: Russian Body Armor and Personal Protection Market Split by Sector (%), 2014–2024 ........................................................................71 Figure 28: Protective Headgear Market Size in Russia (US$ Million), 2014–2024.................................................................................................72 Figure 29: Soft Armor Market Size in Russia (US$ Million), 2014–2024 ................................................................................................................73 Figure 30: Hard Armor Market Size in Russia (US$ Million), 2014–2024...............................................................................................................74 Figure 31: Body Armor and Personal Protection Market in the UK (US$ Million), 2014–2024 ...............................................................................76 Figure 32: Body Armor and Personal Protection Market Split by Sector in UK (%), 2014–2024 ............................................................................77 Figure 33: Hard Armor Market Size in the UK (US$ Million), 2014–2024...............................................................................................................78 Figure 34: Clothing Market Size in the UK (US$ Million), 2014–2024 ....................................................................................................................79 Figure 35: Body Armor and Personal Protection Market in France (US$ Million), 2014–2024 ...............................................................................81 Figure 36: Body Armor and Personal Protection Market Split by Sector in France (%), 2014–2024 ......................................................................82 Figure 37: Protective Headgear Market Size in France (US$ Million), 2014–2024.................................................................................................83 Figure 38: Clothing Market Size in France (US$ Million), 2014–2024 ....................................................................................................................84 Figure 39: Soft Armor Market Size in France (US$ Million), 2014–2024 ................................................................................................................85 Figure 40: Hard Armor Market Size in France (US$ Million), 2014–2024...............................................................................................................86 Figure 41: Body Armor and Personal Protection Market in China (US$ Million), 2014–2024 .................................................................................88 Figure 42: Body Armor and Personal Protection Market Split By Category in China (%), 2014–2024 ...................................................................88 Figure 43: Protective Headgear Market Size in China (US$ Million), 2014–2024 ..................................................................................................89 Figure 44: Hard Armor Market Size in China (US$ Million), 2014–2024 ................................................................................................................90 Figure 45:Soft Armor Market Size in China (US$ Million), 2014–2024...................................................................................................................91 Figure 46: Body Armor and Personal Protection Market in India (US$ Million), 2014–2024 ..................................................................................93 Figure 47: Body Armor and Personal Protection Market Split by Sector in India (%), 2014–2024 .........................................................................94 Figure 48: Protective Headgear Market Size in India (US$ Million), 2014–2024 ....................................................................................................95 Figure 49: Hard Armor Market Size in India (US$ Million), 2014–2024 ..................................................................................................................96 Figure 50: Soft Armor Market Size in India (US$ Million), 2014–2024 ...................................................................................................................97 Figure 51: Body Armor and Personal Protection Market in Australia (US$ Million), 2014–2024 ............................................................................99 Figure 52: Body Armor and Personal Protection Market Split by Sector in Australia (%), 2014–2024 .................................................................100 Figure 53: Protective Headgear Market Size in Australia (US$ Million), 2014–2024............................................................................................102 Figure 54: Soft Armor Market Size in Australia (US$ Million), 2014–2024 ...........................................................................................................103 Figure 55: Hard Armor Market Size in Australia (US$ Million), 2014–2024..........................................................................................................104 Figure 56: Body Armor and Personal Protection Market in Israel (US$ Million), 2014–2024 ...............................................................................106


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Figure 57: Body Armor and Personal Protection Market Split by Sector in Israel (%), 2014–2024 ......................................................................107 Figure 58: Soft Armor Market Size in Israel (US$ Million), 2014-2024 .................................................................................................................108 Figure 59: Protective Headgear Market Size in Israel (US$ Million), 2014–2024 .................................................................................................109 Figure 60: Body Armor and Personal Protection Market in Saudi Arabia (US$ Million), 2014–2024....................................................................111 Figure 61: Body Armor and Personal Protection Market Split by Sector in Saudi Arabia (%), 2014–2024...........................................................112 Figure 62: Protective Headgear Market Size in Saudi Arabia (US$ Million), 2014–2024 .....................................................................................113 Figure 63: Body Armor and Personal Protection Market in Brazil (US$ Million), 2014–2024 ...............................................................................115 Figure 64: Body armor and Personal Protection Market Split By Category in Brazil (%), 2014–2024 ..................................................................116 Figure 65: Hard Armor Market Size in Brazil (US$ Million), 2014–2024...............................................................................................................117 Figure 66: Soft Armor Market Size in Brazil (US$ Million), 2014–2024 ................................................................................................................118 Figure 67: Body Armor and Personal Protection Market in South Africa (US$ Million), 2014–2024.....................................................................120 Figure 68: Body Armor and Personal Protection Market Split by Sector in South Africa (%), 2014–2024............................................................121 Figure 69: Protective Headgear Market Size in South Africa (US$ Million), 2014–2024 ......................................................................................122 Figure 70: BAE Systems – Revenue Trend Analysis (US$ Billion), 2009–2013...................................................................................................140 Figure 71: BAE Systems – Operating Profit (US$ Billion), 2009–2013.................................................................................................................141 Figure 72: BAE Systems – Net Profit Trend Analysis (US$ Million), 2009–2013.................................................................................................141 Figure 73: Honeyw ell – Revenue Trend Analysis (US$ Billion), 2009–2013 ........................................................................................................143 Figure 74: Honeyw ell – Operating Profit (US$ Million), 2009–2013 .....................................................................................................................144 Figure 75: Honeywell – Net Profit Trend Analysis (US$ Million), 2009–2013 ......................................................................................................144


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LIST OF TABLES

Table 1: Global Body Armor And Personal Protection Market Overview................................................................................................................18 Table 2: Global Body Armor And Personal Protection Market Overview................................................................................................................29 Table 3: SWOT Analysis of the Body Armor and Personal Protection market .......................................................................................................53 Table 4: Leading Body Armor And Personal Protection Markets and Top Three Segments ..................................................................................59 Table 5: US Body Armor and Personal Protection Market Overview .....................................................................................................................60 Table 6: Key Body Armor and Personal Protection programs ................................................................................................................................61 Table 7: Russian Body Armor and Personal Protection Market Overview..............................................................................................................70 Table 8: Major Russian Body Armor and Personal Protection Programs ...............................................................................................................71 Table 9: UK Body Armor and Personal Protection Market Overview .....................................................................................................................75 Table 10: Major UK Body Armor and Personal Protection Programs .....................................................................................................................76 Table 11: French Body Armor and Personal Protection Market Overview .............................................................................................................80 Table 12: Major French Body Armor and Personal Protection Programs...............................................................................................................81 Table 13: Chinese Body Armor and Personal Protection Market Overview ...........................................................................................................87 Table 14: Indian Body Armor and Personal Protection Market Overview...............................................................................................................92 Table 15: Key Indian Body Armor and Personal Protection Programs ...................................................................................................................93 Table 16: Australian Body Armor and Personal Protection Market Overview.........................................................................................................98 Table 17: Key Australian Body Armor and Personal Protection Programs.............................................................................................................99 Table 18: Israeli Body Armor and Personal Protection - Market Overview...........................................................................................................105 Table 19: Major Israeli Body Armor and Personal Protection Programs ..............................................................................................................106 Table 20: Saudi Arabian Body Armor Market Overview .......................................................................................................................................110 Table 21: Brazilian Body armor and Personal Protection Market Overview .........................................................................................................114 Table 22: Key Brazilian Body Armor and Personal Protection Programs .............................................................................................................115 Table 23: South African Body Armor and Personal Protection Market Overview .................................................................................................119 Table 24: Key South African Body Armor and Personal Protection Programs .....................................................................................................120 Table 25: Program Details – FIST program .........................................................................................................................................................123 Table 26: Program Details – Land 125.................................................................................................................................................................124 Table 27: Program Details – F-INSAS .................................................................................................................................................................125 Table 28: Program Details – Modular Bullet Proof Vests .....................................................................................................................................127 Table 29: Program Details – Lightw eight, Advanced Combat Helmet (LW ACH) .................................................................................................128 Table 30: Program Details – Enhanced combat helmet program.........................................................................................................................129 Table 31: Program Details – Uniform Integrated Protection Ensemble Program .................................................................................................130 Table 32: Program Details – FELIN Infantry Combat Suite – Clothing program...................................................................................................131 Table 33: Program Details – Procurement of Temperate and Hot Weather Boots ...............................................................................................132 Table 34: Program Details – Procurement of Rugged All-Terrain Boots ..............................................................................................................133 Table 35: Ceradyne Inc. – Alliances.....................................................................................................................................................................135 Table 36: Ceradyne Inc. – Recent Contract Wins ................................................................................................................................................135 Table 37: Combat Clothing Australia – Recent Contract Wins .............................................................................................................................136 Table 38: ArmorSource: – Alliances.....................................................................................................................................................................137 Table 39: ArmorSource: – Recent Contract Wins ................................................................................................................................................138 Table 40: BAE Systems – Recent Contract Wins.................................................................................................................................................139 Table 41: Honeyw ell – Recent Contract Wins ......................................................................................................................................................142 Table 42: Survitec Group Limited – Recent Contract Wins ..................................................................................................................................145 Table 43: Plasan Sasa Composite Materials – Alliances .....................................................................................................................................147 Table 44: Anjani Technoplast – Alliances ............................................................................................................................................................148 Table 45: M Cubed Technologies – Recent Contract Wins..................................................................................................................................149 Table 46: Sarkar Defence Solutions – Alliances ..................................................................................................................................................150 Table 47: Sarkar Defence Solutions – Recent Contract Wins ..............................................................................................................................151 Table 48: Protective Products Enterprises – Alliances.........................................................................................................................................152 Table 49: Point Blank Body Armor Inc – Recent Contract Wins...........................................................................................................................152 Table 50: Protective Products Enterprises – Alliances.........................................................................................................................................154 Table 51: Bates Footw ear, Inc. – Recent Contract Wins......................................................................................................................................155


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Executive Summary

The global armor and personal protection market is expected to increase at a CAGR of XX% during the

forecast period

The global body armor and personal protection market is expected to be worth US$ XX billion in 2014 and will

potentially increase to US$XX billion by 2024, representing a CAGR of XX% during the forecast period. The

expenditure on body armor and personal protection equipment is expected to be driven by soldier

modernization programs, internal security threats, such as terrorism and organized crime, police

modernization programs and a general shortage of body armor among several others. Countries are focusing

on manufacturing better solution such as ballistic inserts, lightweight under suit, advanced night vision

equipment and combat helmets that provide benefits of comfort, lighter weight and enhanced protection to the

ground forces. Cumulatively, the global market is expected to value US$ XX billion during the forecast period.

The market is anticipated to be dominated by the North America followed by Asia Pacific and Europe. Asia

which occupies XX% of the global market share is driven by emerging economies, such as China, India and

Australia which are executing Body Armor and Personal Protection programs.

In terms of segments, protective clothing and headgear is expected to account for XX% and XX% respectively

in the global body armor and personal protection market, followed by soft armor and hard armor. The boots

segment is expected to account for a relatively low share of XX% in the body armor and personal protection

market over the next decade. Innovations in developing integrated under suit system, soft ballistic protection

plates and exoskeletons will drive demand for soft armor and provide better flexibility and speed suited for a

wide range of missions. Research and development programs are being carried out to manufacture enhanced

head protection gear to reduce the blast wave effects on the brain, which will generate steady growth in

protective headgear segment over the forecast period


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2 Global Body Armor and Personal Protection Market Size and Drivers

2.1 Body Armor and Personal Protection Market Size and Forecast 2014–2024

2.1.1 Global body armor market to show positive growth over the forecast period

The global body armor and personal protection market is estimated to value US$ XX billion in 2014 and

increase at a CAGR of XX% during the forecast period, to reach its peak of US$XX billion by 2024. The

market consists of five categories of body armor and personal protection: clothing, hard armor, soft armor,

protective headgear, and boots. The clothing segment is expected to account for XX% of the global body

armor and personal protection market, followed by the protective headgear segment, with a share of XX%.

While soft armor and hard armor account for XX% and XX% respectively, the remaining XX% is accounted for

by boots. During the forecast period, cumulative global expenditure on body armor and personal protection is

expected to reach US$XX billion.

The chart below shows the expected body armor and personal protection market value during 2014–2024:

Figure 1: Global Body Armor and Personal Protection Market (US$ Billion), 2014–2024

Source: SDI analysis © SDI


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2.2 Global Body Armor and Personal Protection Market – Regional Analysis

2.2.1 North America dominates the global body armor and personal protection market

The North American region is expected to remain the largest body armor and personal protect ion market

globally occupying XX% of the market share. Although the US has announced defense budget cuts influenced

by an austere fiscal policy, the country’s body armor and personal protection procurement programs are

anticipated to grow moderately at an estimated CAGR of XX% during the next decade. One of the primary

reasons for this is the January 2012 declaration of the US Department of Defense (DoD) stating the US

Army’s desire to prepare for a smaller but better equipped infantry. Therefore significant focus is laid on

improving personal protection for ground troops, and the US DoD is expected to upgrade its body armor and

protective headgear capabilities in order to remain the dominant land force globally. Moreover, expenditure on

body armor by the Department of Homeland Security (DHS) is expected to be driven by counter terrorism

activities and border security threats. Consequently, DHS is witnessing procurement of uniforms, concealable

body armor and polyethylene special threat plates, and personal body armor and associated accessories.

Asia and Europe are also expected to account for a significant portion of the total body armor and personal

protection market during the forecast period, with shares of XX% and XX% respectively. This will be largely

driven by the efforts of countries such as India, China, Australia, France and Russia to provide enhanced

survivability to their armed forces. The Middle East, Latin America, and Africa respectively account for XX%,

XX%, and XX% of global body armor and personal protection expenditure.

The table below gives a brief overview of the the global body armor and personal protection market:

Table 1: Global Body Armor And Personal Protection Market Overview

Region Market in 2014 Market in 2024 Total Market

(2014–2024)

Annualized growth/decline

(2014–2024)

North America US$XX billion US$XX billion US$XX billion XX%

Asia-Pacif ic US$XX billion US$XX billion US$XX billion XX%

Europe US$XX billion US$XX billion US$XX billion XX%

Middle East US$XX billion US$XX billion US$XX billion XX%

Latin America US$XX billion US$XX billion US$XX billion XX%

Africa US$XX million US$XX million US$XX billion XX%

Total Body Armor and Personal

Protection Market US$XX billion US$XX billion US$XX billion XX%



14

2.3 Body Armor and Personal Protection Sub-Sector Market Size Composition

2.3.1 Clothing segment to account for XX% of body armor and personal protection market

Ongoing soldier modernization programs, emerging threats from potential chemical, biological, radiological

and nuclear (CBRN) threats, and increasing overseas operations that warrant versatile combat clothing

adaptable to different weather conditions are expected to drive the market for the clothing segment over the

forecast period. The US is the leading spender in the clothing segment and has also contributed to developing

the latest in protective clothing technology through various programs. The US Army’s plan to issue an Army

Combat Uniform, a new operational camouflage pattern (OCP) from 2015 at an estimated investment of

US$XX billion is the major program under this segment. The procurement of these combat uniforms with

different geometry and palette of the camouflage pattern printed on the fabric is expected to end by 2018. The

new OCP is expected to provide exceptional concealment thereby enhancing force protection and survivability

of soldiers. Similarly, the French sponsored soldier modernization program, FELIN (the French acronym for

‘infantryman with integrated equipment and links’), aims to provide French troops with uniforms made of

materials that are fire retardant, water and mosquito-repellent, and reduces infrared signature, and are

designed for sufficient ventilation. Indian F -INSAS Phase-1 also involves acquisition of new uniform for

soldiers during 2014-2019.

The figure below shows the market size for the Body Armor and Personal Protection market over 2014–2024:

Table 2: Global Body Armor and Personal Protection Market Overview

Category Market in 2014 Market in 2024 Total Market

(2014–2024)

Annualized growth/decline

(2014–2024)

Clothing US$XX billion US$XX billion US$XX billion XX%

Protective Headgear US$XX billion US$XX billion US$XX billion XX%

Soft Armor US$XX billion US$XX billion US$XX billion XX%

Hard Armor US$XX billion US$XX billion US$XX billion XX%

Boots US$XX billion US$XX billion US$XX billion XX%

Total Body Armor and Personal

Protection Market US$XX billion US$XX billion US$XX billion XX%


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