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Body armour is a protective material that is designed to absorb or deflect physical attacks and is used to protect military personnel, police (riot police in particular), private security guards or bodyguards, and occasionally ordinary civilians. These armours have been upgraded constantly, from the use of easily accessible materials, such as natural fibres made from silk, cotton, and thatch, to various metals, such as iron, steel, and copper. Continuous innovations in manufacturing technologies have led to the advent of advanced textile materials, such as Kevlar and nylon, used to produce lightweight armour with improved ballistic protection capabilities. The lightweight feature undoubtedly enhances the mobility and response time of security personnel, law enforcement officers, and military troops. These favourable properties of the product and innovations in the industry have aided the global body armour market's growth in the historical period.
Globally, North America is one of the leading regional markets for body armour due to government-initiated programmes, such as the Soldier Protection System-Torso and Extremity Protection (SPS-TEP), aimed at providing full body armours to armed forces, and higher expenditure on the military sector in countries like the United States and Canada. The regional market is also being aided by the high penetration of the major players in the region like Pacific Safety Products Inc., AR500 Armour, and Ceradyne Inc., which is a wholly-owned subsidiary of 3M (NYSE: MMM). The Asia Pacific is also anticipated to be a leading market for body armour in the coming years as traditional systems are being replaced. Also, the increasing border disputes in countries like India, China, and South Korea have led to the high demand for personnel protection equipment for ground troops, further aiding the market growth.
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The major players in the global body armour market are Aegis Engineering Ltd., BAE Systems plc, AR500 Armour, Ballistic Body Armour (Pty) Ltd., Craig International Ballistics Pty Ltd., Ceradyne Inc. (Subsidiary of 3M), Kejo Limited Company, and Pacific Safety Products Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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