Guardians of Safety: Advancements in Ballistic Protection Technologies

1. Ballistic Protection MARKET Ballistic Protection Market by Material ( Metal and Alloys, Ceramics, Composites, Bulletproof Glass, Fabric) by Platform ( Land, Airborne, Marine) by Product(Personal protective equipment, Ballistic blocks, Barrier systems, Hull and Body, Weapon station, and optronics, Pilot seat protection, Ballistic floor, windows and door, Engine protection), by Technology( Hard Armor, Soft Armor) by Threat Level(Level II and Level IIA, Level III and Level IIIA, Level IV and Above), by Application( Homeland Security, Commercial, Defense) and Region, Global trends and forecast from 2022-2029 “Exactitude Consultancy That Adds Flavour To Your Success” sales@exactitudeconsultancy.com

2. Analysts’ Viewpoint on Market Scenario The ballistic protection market is expected to grow at 6.31% CAGR from 2022 to 2029. It is expected to reach above USD 21.86 billion by 2029 from USD 14.25 billion in 2021. Global Ballistic Protection Market is expected to register significant growth during the forecast period owing to factors such as rising political unrest and instability as well as increasing incidences of terrorism. Furthermore, growing domestic conflict is also expected to drive the growth of the market. Additionally, the increasing adoption of ballistic protection equipment by the armed forces of developed countries such as the UK to offer enhanced security to military personnel is also expected to drive the growth of the market. For example, in December 2019, Leonardo SpA signed a contract with Permali to acquire ballistic protection systems for the UK Royal Navy's new Commando Merlin Mk4 helicopters. Read More… sales@exactitudeconsultancy.com

4. ANALYSIS OF KEY PLAYERS Some of the key players profiled in the study are The ballistic protection market key players include Avon protection systems, BAE Systems plc, DuPont de Nemours, Inc., Gentex Corporation, Honeywell International Inc., Point Blank Enterprises, Inc., Rheinmetall AG, Saab AB, Survitec Group Limited, TenCate Advanced Armor USA, Inc. Recent News January 21, 2022: Point Blank Enterprises, the worldwide leader in the production of body armor and related protective solutions, showcased its expanded offering of cutting-edge ballistic systems, concealable and tactical body armor, and related accessory products at this week’s Shooting, Hunting, Outdoor Trade Show (SHOT Show 2022) in the Sands Expo Convention Center in Las Vegas, Nevada. February 23, 2023: Saab received an order for NLAW (Next Generation Light Anti-Tank Weapon) from the Finnish Defence Forces Logistics Command. The order value was approximately SEK 400 million with product deliveries planned for 2024. sales@exactitudeconsultancy.com

5. MARKET SEGMENT ANALYSIS The ballistic protection market is segmented based on material, platform, product, technology, threat level, and application. Composites provide benefits including superior fatigue resistance and corrosion resistance. Additionally, the expanding use of composite materials in the production of aircraft components is anticipated to fuel the expansion of this market. The equipment that resembles hard armor is comprised of ceramic-reinforced polymer composites. The ballistic protection industry has been divided into three categories based on a platform which are land, airborne, and marine. 49.2% of the market for ballistic protection was accounted for by marine. Coastguards and naval forces utilize specially constructed defense naval vessels. In terms of applications, design, building techniques, and technology used, they differ from commercial ships. Ballistic materials are mostly utilized in the ship’s hull. Ballistic protection systems are mounted on windows, weapon mounts, optronics, and other parts of the ship in addition to the hull. Personnel protective equipment has the largest market share when compared to products. Depending on their intended usage, armor materials are produced and priced differently. One of the most important components of the value chain is the technology employed to produce these materials. Due to the intense competition in the market, both military forces and several businesses dominate production. Download Sample Report PDF (Including Full TOC, Table & Figures): https://exactitudeconsultancy.com/reports/19782/ballistic-protection-market/#request-a-sample “Connect with our team of research specialists and unlock the optimal solution for driving your business growth” sales@exactitudeconsultancy.com

6. REGIONAL ANALYSIS North America to Dominate the Market During the Forecast Period Source: The increase in the defense budget, coupled with military modernization programs and the need for advanced protection systems, have contributed to the growth of the market in North America during the forecast period. According to SIPRI, the United States of America spent USD 877 billion in 2022 on its defense operations. Firearms are one of the most dangerous threats faced by law enforcement officers in the United States. During the past three decades, ballistic-resistant soft body armor has saved the lives of more than 3,000 police officers. Body armor is critical safety equipment that law enforcement and corrections officers need for personal protection. The National Institute of Justice, which is a research, development, and evaluation agency of the United States Department of Justice, establishes and updates voluntary minimum performance standards for body armor as well as conducts tests to ensure that body armor complies with the standards that have been set out in the country. DuPont and Honeywell are among the companies in the United States actively involved in developing advanced ballistic protection systems. DuPont is focused on providing protection solutions that meet the specific needs of military personnel, law enforcement officers, and emergency responders. In October 2021, DuPont introduced its new Core Matrix Technology that combines numerous woven layers by infusing staple fiber in the z-direction, which is perpendicular to the ground plane. This hybrid structure is extremely soft and flexible and increases the overall ballistic performance for bullet threats and fragmentation protection. The technology helps in delivering the most advanced ballistic protection that is required by the military, law enforcement, and global security officers while increasing flexibility and comfort. In addition, in February 2021, DuPont announced that they had acquired the technology from Tex Tech. Thus, such advancements will lead to the market witnessing growth during the forecast period. sales@exactitudeconsultancy.com

7. STRATEGIES FOR SUSTAINING POSITION • Market Penetration • Understanding the strategies for expanding market presence is crucial. The report discusses how companies approach entering new markets, expanding their customer base, and increasing their market share. • Differentiation • Companies strive to differentiate themselves from their competitors. The report reveals how major players leverage unique product features, quality, branding, and customer experiences to set themselves apart in the market. • Innovation • Innovation is a cornerstone of success. By exploring recent trends and innovations, the report illustrates how companies continuously invest in research and development to stay ahead of the curve and meet evolving customer needs. • Customer-Centric Approaches • Successful companies prioritize their customers. The report showcases how major players tailor their products and services to align with customer preferences, creating lasting relationships and fostering brand loyalty. Market Dynamics • Corporate Responsibility • Many companies are committing to sustainability goals, including using environmentally friendly packaging. This commitment can be driven by corporate responsibility initiatives or pressure from stakeholders, investors, and consumers. • Consumer Demand and Awareness • Growing consumer awareness and concern for the environment drive the demand for sustainable packaging. More individuals are seeking products with eco-friendly packaging, pushing brands to adopt sustainable alternatives. • Regulatory Pressures • Governments worldwide are imposing stricter regulations on plastic usage, especially single-use plastics. Regulations and policies promoting recyclability, biodegradability, or reduced plastic usage can significantly impact the market dynamics. • Technological Advancements • I • Innovation in materials and technologies plays a pivotal role. Advances in bioplastics, compostable materials, and recycling technologies contribute to the development of more sustainable packaging options. sales@exactitudeconsultancy.com

8. Here's how Exactitude Consultancyhelps the stakeholders and CXOs through the reports • Inculcation and Evaluation of Strategic Collaborations: The researchers analyse recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. • Perfect Market Size Estimations: The report analyses the demographics, growth potential, and capability of the Ballistic Protection market through the forecast period. • This factor leads to the estimation of the Ballistic Protection market size and also provides an outline about how the market will retrieve growth during the assessment period. • Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular Ballistic Protection market that will help the stakeholders to be aware of the current investment scenario across the market. sales@exactitudeconsultancy.com

9. WHAT IS NEW IN 2024? • Major developments that can change the business landscape as well as market forecasts. • Addition/refinement in segmentation–Increase in depth or width of segmentation of the market. • Coverage of new market players and change in the market share of existing players of the Ballistic Protection market. • Updated financial information and product portfolios of players operating in the Ballistic Protection market. • Updated market developments of the profiled players. • Any new data points/analysis (frameworks) which was not present in the previous version of the report • The new edition of the report consists of trends/disruptions on customer’s business, tariff and regulatory landscape, pricing analysis, and a market ecosystem map to enable a better understanding of the market dynamics for Ballistic Protection. sales@exactitudeconsultancy.com

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