• Skip to primary sidebar
  • Skip to content
  • Skip to footer
  • Home
  • Subscription
  • The Magazine
  • Podcast
  • Contribute
  • Advertise
  • Contact Us

Circuit Magazine

For Security & Protection Specialists

An upsurge in the body armor demand across the world is likely to fuel the global bulletproof vests market expansion in the near future. In recent times, there have been numerous public protests worldwide due to religious, racial, or political differences, which is increasing the demand for safety components. Rising need for protection for the police and numerous law enforcement personnel will majorly increase the use of bulletproof vests.

In addition, an increase in the investments in the defense sector by numerous nations across the world is slated to propel the demand for the product in the coming years. In fact, according to The Balance, the projected military spending of the United States between the period of October 1, 2020, and September 30, 2021, is $934 billion. Military spending falls in second place in the nation’s federal budget after Social Security. Likewise, Russia also entered the top 5 defense spending nations in 2019 with an expenditure of $65.1 billion.

According to a research report by Global Market Insights Inc., the bulletproof vest market is likely to surpass a valuation of $2 billion by 2026.

With regards to the protection segment, the level IV-based bulletproof vests segment is estimated to expand at a healthy CAGR of about 6.7% through the threshold timespan. This growth is ascribed to the fact that the level IV products offer the highest security among all available options. They are known to offer protection against high caliber ammunition like 0.30 mm caliber bullets, thereby increasing their preference in defense operations.

In terms of the application segment, the market is bifurcated into overt and covert bulletproof vests. The covert bulletproof vests segment is projected to grow at a substantial CAGR of about 6.5% through the analysis period. The covert bulletproof vests offer greater comfort when they are worn inside regular clothing. This capability has stimulated its demand among several end users which mainly include businessmen, bureaucrats, and numerous HNWLs (High-Net-Worth-Individuals).

With respect to the geographical terrain, Europe is anticipated to come up as a vital revenue pocket for bulletproof vests market. An upsurge in the product demand from the military sectors across various countries like the UK, Russia, and France is projected to drive the Europe bulletproof vests industry. In fact, the segment is projected to expand at a CAGR of 6.6% through the forecast timespan. The aforementioned countries and many more are adopting bulletproof vests in order to safeguard their respective military personnel.

In addition, the introduction of numerous military modernization programs in various countries like Integrated Infantryman Equipment and Communications (FELIN) of France, and the PONARS Eurasia program of Russia should majorly outline the product demand across Europe.

Worldwide, various nations have been forging strategic agreements and have transactions in place that are likely to stimulate the demand for bulletproof vests over the coming years. Numerous agreements among major nations regarding the import and export of the product should significantly propel the market size through 2026. In September 2019 for instance, India initiated the export of bulletproof jackets as per its own standards to more than 100 nations across the world, according to the data provided by BIS (Bureau of Indian Standards). The nation is the fourth country after the United States, United Kingdom, and Germany that boasts of its very own national standard on bulletproof jackets that provide 360-degree protection.

The competitive landscape of the bulletproof vests market is inclusive of players like C.P.E. Production, Honeywell International, Sioen, DuPont, Armor Express, VestGuard UK, Point Blank Body Armor, Sarkar Defense Solution, Safariland, BAE Systems, U.S. Armor Corporation, Survival Armor, PPSS, Imperial Armour, and EnGrade among others.

 


Europe To Fuel Global Bulletproof Vests Market Outlook Through 2026
By: Saloni Walimbe

An avid reader since childhood, Saloni is currently following her passion for content creation by penning down insightful articles relating to global industry trends, business, and trade & finance. With an MBA-Marketing qualification under her belt, she has spent two years as a content writer in the advertising field. Aside from her professional work, she is an ardent animal lover and enjoys movies, music and books in her spare time.

Tweet
Share
Pin
Share306
306 Shares

Buy The Latest Issue

Sign Up For News and Updates

We respect your privacy and will not share your information with anyone.
We will only message you when we have something relevant and of value to share with you.

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Latest Issue

Circuit Magazine - Issue 66 - AI Armageddon

Issue 66

Buy Now

Latest Newsletter

Newsletter Sign Up

What you don't know CAN hurt you!

SUBSCRIBE

Latest Industry News

Ugandan Minister Killed by Bodyguard in Apparent Wage Dispute

A Ugandan government minister, Charles Engola, was shot and killed by his bodyguard early Tuesday in an apparent private dispute over wages, according to the army and local media. Engola, a retired army colonel, served as the junior minister in charge of labor in President Yoweri Museveni’s government.

Event

News - Circuit Magazine

Zelenskiy Denies Ukraine’s Involvement in Alleged Kremlin Drone Attack

Ukrainian President Volodymyr Zelenskiy has refuted Russia’s claims that Ukraine was involved in a drone attack on the Kremlin, which was allegedly aimed at killing Russian President Vladimir Putin. Zelenskiy stated that Ukraine fights and defends its territory, not attacking Putin or Moscow. The Kremlin reported that two drones were used in the attack but were disabled by Russian defenses.

News taken from Issue 65 of the Circuit Magazine

Bodyguard Saves Japanese PM from Pipe Bomb Attack

A bodyguard has been hailed as a hero for his quick-thinking actions during a suspected pipe-bomb attack on Japanese Prime Minister Fumio Kishida. Video footage captured the bodyguard kicking away a metal object as it landed near Kishida
before positioning himself between the Prime Minister and the device, shielding him with a collapsible, handheld ballistics shield.

News from Issue 65 of the Circuit Magazine

AlertEnterprise Reveals First-Ever Guardian AI Chatbot Powered by OpenAI ChatGPT

AlertEnterprise has unveiled its first-ever Guardian AI Chatbot powered by OpenAI ChatGPT. The chatbot will make its global debut at the ASIS Europe and ISC West trade events. Built on OpenAI’s GPT-3 platform, the Guardian AI Chatbot aims to provide security operators with instant access to critical physical access and security insights through quick questions and prompts.

Executive Protection/Secured Transportation Profession

COVID-19 and the Executive Protection

As practitioners, our responsibilities are many: protection of the client from physical harm, protection of the client from self-embarrassment, etc. Now, that the restrictions in the post COVID-19 era are starting to be lifted in some areas, Clients, and other high-net-worth individuals will be more aware of the area in which they are located, lodging, and traveling to.

James Bore's Cyber Security

Ways to See the Threat Before it Happens

Threat modelling is widely in use, whether knowingly or not, across every walk of life – and has been used since time immemorial to prioritise security defences. The only difference between the well-known risk assessments carried out by everyone and threat modelling in cyber security is the attempt to document and systemise it. I am hoping that this idea of formal threat modelling will be a useful tool for you to use in your future arsenal of available resources as a CP operator.

Close Protection advice

Keeping Your Edge: Building a Solid Foundation

Longevity, consistency and remaining relevant are some primary goals of all protectors. These factors are important when establishing a new contract and providing services for a new client. But what is equally important is the mindset that goes into those first days and weeks on the assignment. As such, I wanted to get the personal perspective of Vantrell Wilson, a close protection agent who I have trained with and worked alongside of for years now.

Global Risk Updates

Global Situation Report - November 2021

Global Situation Report – November 2021

Each issue our global geopolitical partner, Stratfor, provides an in-depth analysis of global incidents via in-house experts, cutting edge technology and through a comprehensive globally sourced network. Here is your summary from the last 30 days.

Popular Tags

armed attack Bodyguard business Celebrity client clients Close Protection Communication cp Crime Elijah Shaw EP Executive Executive Protection firearm firearms government gun Intelligence Law Enforcement Media Medical military News online police Prevention professional protect protection Risk Safety Security SIA Social Media Surveillance Technology terror Terrorism terrorist Threat Training VIP weapon

On The Frontline

Foot Steps with Jose Casillas

Foot Steps Episode 5: Sam Alicea

What were some takeaways you obtained from your past line of work? And how have they helped you in the private sector realm?
When I look at the totality of what we do in this industry there are quite a few takeaways. From having dealt with the irate couples during a domestic dispute to negotiating a business deal the importance of not only verbal judo but communicative and interpersonal skills tops the list, followed by the skills I learned from collecting evidence at a crime scene where attention to detail was key.

Bullet Proof Vests How Protected Are You?

Bullet proof vests are incredibly useful pieces of equipment for Security Personnel. Not only are they available in a variety of models and designs, they can protect against a wide range of ammunition.

Protecting Businesses During Riots with Simple Security Tactics

The security firm is the eyes, ears and muscle protecting the business. Following simple tactics allows security to do their jobs effectively and safely.

Follow us

  • Email
  • Facebook
  • Twitter

From The Archives

Are you neglecting the planning for a serious threat?

Fire Safety in Executive Protection

Are you neglecting the planning for a serious threat? As I was pondering what would be the subject …

Continue Reading about Fire Safety in Executive Protection

What You Need to Know About Body Armour

You can only perform to the best of your ability with preparation and awareness. Prioritising …

Continue Reading about What You Need to Know About Body Armour

Intelligence 2.0

Although the underlying principle of understanding ‘capability and intention’ and the objective of …

Continue Reading about Intelligence 2.0

MANCHESTER & THE U.S. MEDIA’S DANGEROUS DOUBLE STANDARD

  Damaging. Irresponsible. Hypocritical. Opportunistic.  There are plenty of words to describe …

Continue Reading about MANCHESTER & THE U.S. MEDIA’S DANGEROUS DOUBLE STANDARD

Promoted Event

International Security Expo

Latest Podcast Episode

Latest Issue

Circuit Magazine - Issue 66 - AI Armageddon

Issue 66

As AI armageddon comes closer, the global challenge is discerning the line between innovation and oversight, particularly concerning decision-making biases and security implications.

Buy Now

Follow us

  • Email
  • Facebook
  • Instagram
  • LinkedIn
  • Twitter
  • Home
  • Subscription
  • The Magazine
  • Podcast
  • Contribute
  • Advertise
  • Contact Us

© 2023 Circuit Magazine · Rainmaker Platform

This website or its third-party tools use cookies which are necessary to its functioning and required to improve your experience. By clicking the consent button, you agree to allow the site to use, collect and/or store cookies.
I accept