An Analysis of the Body Armor Manufacturing Industry

The body armor manufacturing industry manufactures body armor for use in the military and law enforcement. The body armor includes products such as helmets and bulletproof vests.

The products manufactured by the body armor industry can be grouped into four major categories.

  • Soft body armor
  • Hard body armor
  • Headgear
  • Any other

The key market applications include,

  • Defense
  • Homeland Security
  • Civilians
  • Other

Key Factors Integral to The Success of a Body Armor Company

The Company Should Have Contacts Within Key Markets.

The body armor market is insular. Unlike other products where civilians are the primary consumer, this market largely depends on government institutions.

Therefore, for a body armor company to succeed, having contacts and relationships within the market is vital.

The Company Must Have Access to Quality Input.

It follows that quality input will produce quality output. It is particularly crucial that a company in this industry have access to quality input because the final product determines life and death.

Inferior input will lead to inferior output and no organization is willing to put lives at risk because of an inferior product.

 

The Company Must Ensure Quality Control

For body armor companies to succeed, then the reputation in terms of quality must be stellar. A government of a given country or a body with authority like Homeland Security can only do business with a company whose track record in terms of quality is proven.

The Threats and Opportunities in The Industry

Fluctuating Defense Budget

As mentioned earlier, Defense is a key player in the body armor manufacturing industry. Depending on the state of the nation at a given time, the Defense budget fluctuates.

For example, in 2015, the budget was $598 billion, yet in 2016 it was $521.6 billion. Anytime the Defense expenditure is less, the industry experiences difficulties and the opposite is also true.

A Projected Increase in Spending On Body Armor Over the Next Five Years

Numerous experts in the industry have estimated that the body armor manufacturing industry will see notable growth in the next five years.

One of the reasons for this estimate is that older body armor is expected to be replaced. Second, the United States is in a combat situation with Syria.

The expected increase in body armor spending is an opportunity for a company that wishes to leverage this.

Export Opportunities

For one reason or another domestic demand might decrease. In such a situation then a company should consider exports.

SIPRI (Stockholm International Peace Research Institute), established that between 2010 and 2014, the United States was the largest exporter of major arms. It follows that countries that import arms will also need body armor. This is a lucrative opportunity that a body armor manufacturing company can take advantage of.

 

Top Three Best Body Armor Manufacturing Companies

These three companies were recognized by a report published on 20th April 2018, as having a considerable market share.

1. TenCate

TenCate works to ensure survivability of those operating in a hostile environment. They do this by hiring employees with a military background who in turn can help develop the most efficient products.

The company manufactures a wide range of personal protective equipment for law enforcement, military and civilian applications globally.

2. BAE Systems

BAE Systems is a global defense company whose goal is to protect people in the best way possible. The company has its headquarters in London but it does business worldwide.

BAE system is a major supplier to the United States Department of Defense. The company has been involved in notable projects, for example, the Eurofighter Typhoon.

3. Safariland

Safariland makes and distributes security products such as body armor and tactical headsets. The company is also particularly known for its “less lethal” weapons.

Final Word

The body armor manufacturing industry can be lucrative if done right. Weapons will continue becoming more sophisticated and this creates a need for equally sophisticated protective gear.

Recent Articles

5 Ways Electronic Shelf Labels Can Smarten Inventory Management

Managing and maintaining inventory levels is one of the critical aspects of the retail business. Too little inventory elevates the risk of out-of-stocks, while...

A Helpful Guide To Become A Pro Gamer

Gaming is fun and immersive for sure; no wonder you enjoy playing it most of the time. In case you think of yourself as...

Mac Endpoint Security – Why Should You Go The Extra Mile

If you are a Mac owner, you will probably know that the operating system has a great reputation from the built-in security perspective. With...

Starting a Business in Philadelphia? Follow these Tips for Success

Philadelphia is a prosperous city in Pennsylvania, a state in the USA. It is the 6th most populated city of the country and is...

Multiple Duplicate Files on Mac- Reasons You May Have Them

Macs are revered for the decent amount of storage space they offer but it’s still not unlimited. As a user, you need to keep...

Renewable Energy Shifts Can Make Earth Greener And Cleaner

Burning of fossil fuels like coal and mineral oils increases the carbon emissions in the environment. Besides, these resources do not replete as fast...

Anchor Text Hacks – How To Get Fast And Sustainable SEO Results

SEO is a complex strategy that comprises multiple components and anchor text is one of them. Anchor texts offer important information to the reader...

How to unscramble word puzzles within seconds

Unscrambling word puzzles within seconds is easier said than done. We find that there are numerous sites, tools, and guides etc. which offer to...

How-to Guide for Choosing the Right Air Compressor

Choosing the right air compressor can be a difficult task, especially if you know little about the equipment. Air compressors power a number of...

Easiest Ways To Earn In-Game Rewards And Gift Cards Online

There’s nothing more satisfying than earning an incredible in-game reward when you’re playing an online game. Watching as you equip your character with your...

The 10 Best Apps For Your iPhone Right Now

Just got yourself a new iPhone? Congratulations - you’re contributing to Apple’s 47% market dominance. Apple’s iOS is sleek, user-friendly, and beautiful, which explains...

What Is The Future Of Console Gaming?

There have been a lot of predictions with the future of console gaming. People have debated back and forth about its power and whether...

Related Stories