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Global ballistic protection market size is expected to reach $17.84 Bn by 2028 at a rate of 5.7%, segmented as by product type, personal protection equipment, vehicle protection equipment<br>
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Ballistic Protection Market Report 2024 Market Size, Trends and Global Forecast 2024-2033 © The Business Research Company. All Rights Reserved.
Ballistic Protection Segments The Business Research Company segments it’s Ballistic Protection report as: Personal Protection Equipment, Vehicle Protection Equipment By Product Type Aramid, Carbon Fiber Composites, Glass Fiber And Thermoplastic, Ceramic, Other Materials By Material Land, Airborne, Marine By Platform By Application Defense, Homeland Security, Commercial, Other Applications © The Business Research Company. All Rights Reserved.
Market Statistics The ballistic protection market size has grown strongly in recent years. It will grow from $13.43 billion in 2023 to $14.29 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The ballistic protection market size is expected to see strong growth in the next few years. It will grow to $17.84 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. Global Ballistic Protection Size Forecast To 2033 17.84 14.29 13.43 2023 2024 2028 Click Here To Get A Sample Report © The Business Research Company. All Rights Reserved.
Key Market Drivers And Trends Drivers Increasing terrorist activities are expected to propel the ballistic protection market going forward. Trends Product innovations are the key trends gaining popularity in the ballistic protection market. Region North America was the largest region in the ballistic protection market in 2023. The regions covered in the ballistic protection market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa © The Business Research Company. All Rights Reserved.
Key Market Players Major players in the Ballistic Protection are: ▪ Avon Protection plc . ▪ BAE Systems PLC ▪ DuPont de Nemours Inc. ▪ Honeywell International Inc. ▪ Point Blank Enterprises Inc. ▪ And more. Get More Information On The Ballistic Protection Report © The Business Research Company. All Rights Reserved.
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