Market Share of Body Armor Industry
The body armor market is semi-consolidated, with some local and global players holding significant shares. Some prominent players in the market are Safariland LLC, 3M, Honeywell International Inc., Survitec Group Limited, and BAE Systems PLC. The key players in the market are highly focused on developing advanced solutions for military forces.
Body armor OEMs, such as TenCate, manufacture products that cater to a broader spectrum of protective standards, such as the Association of Testing Agencies for Attack-Resistant Materials and Constructions (VPAM), which has a harder completion standard procedure for certificates.
For instance, in January 2024, Survitec Group Limited strategically acquired US-based Vinyl Technology, a contract manufacturer of custom plastic and industrial fabric products. The acquisition enhances Survitec's capabilities in producing pilot flight equipment, positioning it as the leading employer in highly skilled sewing capacity. Vinyl Technology will contribute to complex garment manufacturing, particularly in the Advanced Technology Anti-G Suit. The strategic moves will enhance and increase Survitec's product portfolio and manufacturing capabilities, streamlining access to trusted survival technology solutions and bolstering its market presence in the body armor market.
Body Armor Market Leaders
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Honeywell International Inc.
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3M
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Survitec Group Limited
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Safariland, LLC
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BAE Systems plc
*Disclaimer: Major Players sorted in no particular order
