1 / 12

Global Forecasting the Future of Ballistic Protection Market

Ballistic Protection Market by Material (Metals & Alloys, Ceramics, Composites, Bulletproof Glass, Fabric), Product, Technology, Threat Level (Level II & IIA, Level III & IIIA, Level IV & Above), Platform, Application and Region - Global Forecast to 2027<br>

sandeeproy
Download Presentation

Global Forecasting the Future of Ballistic Protection Market

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. (/) Ballistic Protection Market RESEARCH EXPERTS (/RESEARCHLEADERSHIP.ASP) CONTACT US (/CONTACTUS.ASP) Sign In (https://www.marketsandmarkets.com/signin.asp) LEADERSHIP TEAM (/LEADERSHIPTEAM.ASP) BRIEFINGS (/ANALYSTBRIEFINGS.HTML) Search Reports  HOME (/) ABOUT US (/ABOUTUS-8.HTML) CAREERS (/CAREER.ASP) HOME (/) ❯ TOP MARKET REPORTS (/TOP-MARKET-REPORTS.ASP)❯ BALLISTIC PROTECTION MARKET GLOBAL TOP 2000 STRATEGIST RELY ON US FOR THEIR GROWTH STRATEGIES. KNOW MORE Ballistic Protection Market by Material (Metals & Alloys, Ceramics, Composites, Bulletproof Glass, Fabric), Product, Technology, Threat Level (Level II & IIA, Level III & IIIA, Level IV & Above), Platform, Application and Region - Global Forecast to 2027 (/Knowledgestore.asp#request_free_trial)  FREE BROCHURE (/pdfdownloadNew.asp?id=30112278)  FREE SAMPLE REPORT (/requestsampleNew.asp?id=30112278) Report Code: AS 2798Aug, 2022, by marketsandmarkets.com DESCRIPTION TABLE OF CONTENTS METHODOLOGY DOWNLOAD PDF (/PDFDOWNLOADNEW.ASP?ID=30112278) The Ballistic Protection Market is projected to grow from USD 13.4 billion in 2022 to USD 16.9 billion by 2027, at a CAGR of 4.7% from 2022 to 2027. Increasing procurement of armored vehicles are also aiding the growth of the ballistic protection market in the US. Key manufacturers in the US are increasingly investing in R&D activities for the development of new and advanced armored vehicles. . In March 2022, it announced that it had increased its defense spending by 7.1% to reach USD 229 billion, continuing years of robust spending on its increasingly powerful military that is challenging the dominance of US armed forces in the Indo-Pacific region. The growth of the ballistic protection industry (https://www.marketsandmarkets.com/PressReleases/ballistic-protection.asp) in China can be attributed to the procurement of vehicle armor protection systems such as Kevlar glass and fibers. India is the second- fastest-growing market for ballistic protection after China. The growth of the market in this country can be attributed to the increase in the defense budget and the overall development of the homeland security forces, such as the police, the first responders, and the VIP security personnel. With the rise in inter-border conflicts with Pakistan and China, the country also focuses on strengthening its military capabilities as well as safeguarding them. Various players such as BAE Systems (UK), Avon Protection (US), Rheinmetall AG (US), Tencate Advanced Armor (Netherlands), Point Blank Enterprises (US), SAAB AB (Sweden) among others, are prominent players operating in the ballistic protection market. We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info (https://www.marketsandmarkets.com/Privacy-12.html). X

  2. (/) Sign In (https://www.marketsandmarkets.com/signin.asp) LEADERSHIP TEAM (/LEADERSHIPTEAM.ASP) BRIEFINGS (/ANALYSTBRIEFINGS.HTML)  HOME (/) RESEARCH EXPERTS (/RESEARCHLEADERSHIP.ASP) CONTACT US (/CONTACTUS.ASP) ABOUT US (/ABOUTUS-8.HTML) CAREERS (/CAREER.ASP) To know about the assumptions considered for the study, Request for Free Sample Report (https://www.marketsandmarkets.com/requestsampleNew.asp?id=30112278) Ballistic Protection Market Dynamics: Driver: Rising political unrest in emerging economies An increase in political instability and unrest, as well as increasing terrorist activities, have prompted law enforcement agencies and the material science community to develop and provide effective solutions that can help the safe movement of troops and vehicles. In the present scenario, the political conflicts in Syria, Libya, Iraq, and Afghanistan, along with Russia & Ukraine, India & Pakistan, India & China, and Russia & Turkey are increasing the need for combat armor. Domestic conflicts in many countries are also boosting the need for ammunition. This drives the demand for protective equipment. Developing countries, such as Brazil, India, and Russia, are spending heavily on defense owing to internal conflicts and tensions with their neighboring countries. The Middle East & Africa region suffers from severe political unrest, boosting the need for advanced armor materials. Unstable political conditions and terrorism across the world are adversely affecting the economies of many countries. Therefore, these countries are channeling their resources to invest in defense systems to counter these issues, which is a long-term driver for the global ballistic protection market Restraint: Failure to provide complete protection Regardless of technological advances, present ballistic composite technologies and products are unable to provide complete protection, especially on the battlefield. Fiber vests and composite helmets are good against shrapnel from artillery or grenades, which accounts for 70% to 85% of battlefield casualties. However, ballistic composites (https://www.marketsandmarkets.com/Market-Reports/ballistic-composites-market-217827442.html) fail to provide 100% protection against other casualties, such as those caused by high-powered rifle fire. Therefore, companies in the industry are looking for better hard-facing inserts to counter existing threats We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info (https://www.marketsandmarkets.com/Privacy-12.html). X

  3. Opportunity: Rising demand for multipurpose equipment The current market for personal protective equipment (PPE) is focused on high-performance and reasonably priced products. Many customers prefer protective equipment that serves more than one function. In general, PPE is designed for protection against a hazard—for instance, fire-resistant (FR) clothing is resistant to fire damage but may not provide adequate protection against mechanical hazards. However, workers in industries such as oil & gas and chemical may be exposed to multiple hazards at once. In such situations, workers need multifunctional protective clothing for protection against multiple hazards. CONTACT US (/CONTACTUS.ASP) (/) Sign In (https://www.marketsandmarkets.com/signin.asp) LEADERSHIP TEAM (/LEADERSHIPTEAM.ASP) BRIEFINGS (/ANALYSTBRIEFINGS.HTML)  HOME (/) RESEARCH EXPERTS (/RESEARCHLEADERSHIP.ASP) ABOUT US (/ABOUTUS-8.HTML) CAREERS (/CAREER.ASP) Challenges: High production cost of armor materials The production process of armor materials varies based on their application. The technology used in manufacturing these materials is one of the most vital parts of the value chain. Production is governed by various agencies as well as by military forces, as it is a sensitive market. Various initiatives have been undertaken by these agencies and forces to ensure the secrecy and security of the technology used in the production of armor materials. The production process also needs to undergo several control methodologies to ensure intellectual property theft is minimized. These factors increase the production cost of armor materials. Manufacturers also invest heavily in R&D to enhance the efficiency of armor, thus increasing the overall cost of the material Ballistic Protection Market Ecosystem: The key stakeholders in the ballistic protection market ecosystem include companies which provide platforms and ballistic protection products. The major influencers in this market are investors, funders, academic researchers, integrators, service providers, and licencing agencies. Marine segment held largest market share in terms of value in ballistic protection market On the basis of platform, the ballistic protection market has been segmented into land, airborne and marine. Mairne accounted for 49.2% of the overall ballistic protection market. Defense naval vessels are specifically designed and used by coastguards and naval forces. They differ from commercial ships in terms of their applications, design, construction methods, and technologies applied. The hull of a ship is the major area in which ballistic materials are used. Apart from the hull, ballistic protection systems are installed on windows, weapon mounts, and optronics, among others. The marine segment includes destroyers, frigates, corvettes, aircraft carriers, offshore support vehicles, and unmanned surface vehicles. The increase in demand for maritime security has resulted in the growth of the unmanned surface vehicles market. Homeland Security is anticipated to grow at highest CAGR during forecast period The homeland security application segment is expected to grow at the highest CAGR of 7.4% during the forecast period. Ballistic-resistant body armor is worn by homeland security officers while in the field to protect against specific ballistic threats. Homeland security officers use personal protective equipment, including body vests, ballistic helmets, and gloves to ensure safety during missions. Ballistic helmets are intended to protect the wearer against small arms fire and fragmentation threats. The combat systems used by homeland security officers are ballistic-resistant as they are reinforced with ceramics and thermoplastics. We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info (https://www.marketsandmarkets.com/Privacy-12.html). X

  4. In terms of value, North America led the ballistic protection market The US and Canada are considered under North America for market analysis. Market growth in the North American region can be attributed to the increased procurement of highly advanced armored vehicles (https://www.marketsandmarkets.com/Market-Reports/armored-vehicle-market-6322755.html) and the demand for personal protective equipment by military forces of the region. The increase in terror threats is the main reason for the procurement of ballistic protection systems for land, airborne, and marine platforms. The global defense industry investment in R&D has led to the development of new soldier modernization technologies that enhance survivability and sustainability capabilities, including advanced combat clothing, boots, hard armors, eyewear, and helmets. (/) Sign In (https://www.marketsandmarkets.com/signin.asp) LEADERSHIP TEAM (/LEADERSHIPTEAM.ASP) BRIEFINGS (/ANALYSTBRIEFINGS.HTML)  HOME (/) RESEARCH EXPERTS (/RESEARCHLEADERSHIP.ASP) CONTACT US (/CONTACTUS.ASP) ABOUT US (/ABOUTUS-8.HTML) CAREERS (/CAREER.ASP) To know about the assumptions considered for the study, download the pdf brochure (https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=30112278) Top Ballistic Protection Companies - Key Market Players The ballistic protection companies (https://www.marketsandmarkets.com/ResearchInsight/ballistic-protection- market.asp) are dominated by a few globally established players such as BAE Systems (UK), Avon Protection (US), Rheinmetall AG (US), Tencate Advanced Armor (Netherlands), Point Blank Enterprises (US), SAAB AB (Sweden) among others, are prominent players operating in the ballistic protection market. Get online access to the report on the World's First Market Intelligence Cloud  Easy to Download Historical Data & Forecast Numbers  Company Analysis Dashboard for high growth potential opportunities We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info (https://www.marketsandmarkets.com/Privacy-12.html). X  Research Analyst Access for customization & queries

  5.  Competitor Analysis with Interactive dashboard  Latest News, Updates & Trend analysis REQUEST SAMPLE (/) Sign In (https://www.marketsandmarkets.com/signin.asp) LEADERSHIP TEAM (/LEADERSHIPTEAM.ASP) BRIEFINGS (/ANALYSTBRIEFINGS.HTML)  HOME (/) RESEARCH EXPERTS (/RESEARCHLEADERSHIP.ASP) CONTACT US (/CONTACTUS.ASP) ABOUT US (/ABOUTUS-8.HTML) CAREERS (/CAREER.ASP) ()  Click on image to enlarge Scope of the Report Report Metric Details Estimated Market Size Projected Market Size Growth Rate USD 13.4 Billion USD 16.9 Billion 4.7% Market size available for years 2018-2027 Base year considered 2021 Forecast period 2022-2027 Forecast units Value (USD) By platform, application, technology, material, product, threat level Segments covered North America, Europe, Asia Pacific, Middle East, Rest of the World Geographies covered We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info (https://www.marketsandmarkets.com/Privacy-12.html). X

  6. BAE Systems (UK), Avon Protection (US), Rheinmetall AG (US), Tencate Advanced Armor (Netherlands), Point Blank Enterprises (US) and SAAB AB (Sweden), among others Companies covered (/) Sign In (https://www.marketsandmarkets.com/signin.asp) LEADERSHIP TEAM (/LEADERSHIPTEAM.ASP) BRIEFINGS (/ANALYSTBRIEFINGS.HTML)  HOME (/) RESEARCH EXPERTS (/RESEARCHLEADERSHIP.ASP) ABOUT US (/ABOUTUS-8.HTML) This research report categorizes the Ballistic Protection Market based on Platform, Application, Technology, Material, Product, Threat Level and Region. CONTACT US (/CONTACTUS.ASP) CAREERS (/CAREER.ASP) By Platform Land Combat Armored Vehicles Combat Support Vehicles Unmanned Armored Ground Vehicles Soldiers & Security Personnel Base Stations Airborne Fixed-Wing Aircraft Helicopters Unmanned Aerial Vehicles (UAV) (https://www.marketsandmarkets.com/Market-Reports/unmanned- aerial-vehicles-uav-market-662.html) Base Stations Marine Destroyers Frigates Coverettes Offshore Support Vessels (OSVS) Aircraft Carriers Submarines Unmanned Surface Vehicles By Application Military Homeland Security Paramilitary Forces Police Forces Special Forces By Technology Hard Armor Land Airborne Marine Soft Armor Land Airbrone (https://www.marketsandmarkets.com/Privacy-12.html). We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info X

  7. Marine By Material Metals & Alloys High-density steel Aluminium Titanium Ceramics Aluminum Oxide Silicon Carbide Composites Aramid Composites Carbon Composites Hybrid Composites 3D Composites By Bulletproof Glass Acrylic Polycarbonate By Fabric Organic Cotton Synthetic Nylon & Ployester (/) Sign In (https://www.marketsandmarkets.com/signin.asp) LEADERSHIP TEAM (/LEADERSHIPTEAM.ASP) BRIEFINGS (/ANALYSTBRIEFINGS.HTML)  HOME (/) RESEARCH EXPERTS (/RESEARCHLEADERSHIP.ASP) CONTACT US (/CONTACTUS.ASP) ABOUT US (/ABOUTUS-8.HTML) CAREERS (/CAREER.ASP) By Product Personal Protective Equipment Body Armor Clothing Ballistic Helmets Vests Ballistic Boots Ballistic Gloves Ballistic Containers & Portable Shelters Ballistic Blocks Ballistic Barrier Systems Hull & Body Weapon Stations & Optronics Fuel Drop Tanks & Ammunition Storage Cockpit Ballistic Protection Pilot Seat Protection Ballistic Floors Ballistic Windows Ballistic Doors Engine Protection By Threat Level Level II & Level IIA Level III & Level IIIA (https://www.marketsandmarkets.com/Privacy-12.html). We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info X

  8. Level IV & Above By Region North America Europe Asia Pacific Middle East Africa Rest of the World (/) Sign In (https://www.marketsandmarkets.com/signin.asp) LEADERSHIP TEAM (/LEADERSHIPTEAM.ASP) BRIEFINGS (/ANALYSTBRIEFINGS.HTML)  HOME (/) RESEARCH EXPERTS (/RESEARCHLEADERSHIP.ASP) CONTACT US (/CONTACTUS.ASP) ABOUT US (/ABOUTUS-8.HTML) CAREERS (/CAREER.ASP) Recent Developments In May 2022, TenCate Advanced Armor received a contract from the Naval Surface Warfare Center to provide maritime buoyant plates to support the Antiterrorism Afloat Equipage Program In March 2022, BAE Systems received a contract from the US Marine Corps to provide an Amphibious Combat Vehicle Recovery variant. The new variant provides direct field support and maintenance to the ACV family of vehicles. In March 2022, BAE Systems received a contract from the US Contracting Command for providing M109A7 and M992A3 combat vehicles. In March 2022, BAE Systems received a contract from the US Marine Corps to provide amphibious combat vehicles. In February 2022, Tencate Advanced Armor received a contract for providing a force protection system for Mack Granite-based M917A3 Heavy Dump Truck (HDT) and other Mack Defense vehicle platforms. In February 2022, Avon Protection received a contract to provide the second generation advanced combat helmet (ACH). In February 2022, Avon Protection received a contract from the United States Department of Defense for providing second-generation advanced combat helmets. In February 2022, Point Blank Enterprises received a contract from the US Marine Corps CH-53K for providing ballistic armor systems. Frequently Asked Questions (FAQs):  What is the current size of the ballistic protection market?  Who are the winners in the ballistic protection market?  What are some of the technological advancements in the market?  What are the factors driving the growth of the market? To speak to our analyst for a discussion on the above findings, click Speak to Analyst (https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=30112278) We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info X Custom Market Research Services (https://www.marketsandmarkets.com/Privacy-12.html).

  9. We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions. (/) (/requestCustomizationNew.asp?id=30112278) Sign In (https://www.marketsandmarkets.com/signin.asp) LEADERSHIP TEAM (/LEADERSHIPTEAM.ASP) BRIEFINGS (/ANALYSTBRIEFINGS.HTML)  HOME (/) RESEARCH EXPERTS (/RESEARCHLEADERSHIP.ASP) CONTACT US (/CONTACTUS.ASP) ABOUT US (/ABOUTUS-8.HTML) CAREERS (/CAREER.ASP) Instant Answers with GPT - Ask Now! Ask real questions. Get complete answers ! Type Your Question Get recent trends delivered to your inbox Overtake your competition with ease. STAY TUNED (/PRACTICES/STAY-TUNED.ASP) REPORT CODE AS 2798 PUBLISHED ON AUG, 2022  REQUEST FREE SAMPLE REPORT (/requestsampleNew.asp?id=30112278) CHOOSE LICENSE TYPE Single User - $4950 Corporate License - $8150 BUY NOW (/Purchase/purchase_reportNew.asp?id=30112278) Request New Version (/RequestNewVersion.asp?id=30112278) Inquire Before Buying (/Enquiry_Before_BuyingNew.asp?id=30112278) We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info (https://www.marketsandmarkets.com/Privacy-12.html). X

  10. ADJACENT MARKETS Air and Missile Defense Radar (AMDR) Market (/Market-Reports/air-missile-defense-radar-market- 140105037.html) (/) Sign In (https://www.marketsandmarkets.com/signin.asp) LEADERSHIP TEAM (/LEADERSHIPTEAM.ASP)  HOME (/) ABOUT US (/ABOUTUS-8.HTML) Ballistic Composites Market (/Market-Reports/ballistic-composites-market-217827442.html) RESEARCH EXPERTS (/RESEARCHLEADERSHIP.ASP) BRIEFINGS (/ANALYSTBRIEFINGS.HTML) CONTACT US (/CONTACTUS.ASP) CAREERS (/CAREER.ASP) Armored Vehicles Market (/Market-Reports/armored-vehicle-market-6322755.html) Soldier Systems Market (/Market-Reports/soldier-system-market-137230260.html) Bulletproof Glass Market (/Market-Reports/bulletproof-glass-market-148385355.html) REQUEST BUNDLE REPORTS (/RequestBundleReport.asp?id=30112278)  (mailto:sales@marketsandmarkets.com) SHARE  (https://www.facebook.com/sharer/sharer.php?u=https://www.marketsandmarkets.com/Market- Reports/ballistic-protection-market-30112278.html)  (https://www.twitter.com/share?url=https://www.marketsandmarkets.com/Market-Reports/ballistic- protection-market-30112278.html)  (https://www.linkedin.com/shareArticle?mini=true&url=https://www.marketsandmarkets.com/Market- Reports/ballistic-protection-market-30112278.html) X (/requestCustomizationNew.asp?id=30112278) We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info (https://www.marketsandmarkets.com/Privacy-12.html). X

  11. (/speaktoanalystNew.asp?id=30112278) Speak to Analyst OR FACE-TO-FACE MEETING (/) PERSONALIZE THIS RESEARCH HOME (/) ABOUT US (/ABOUTUS-8.HTML) RESEARCH EXPERTS (/RESEARCHLEADERSHIP.ASP) CONTACT US (/CONTACTUS.ASP) Sign In (https://www.marketsandmarkets.com/signin.asp) LEADERSHIP TEAM (/LEADERSHIPTEAM.ASP) BRIEFINGS (/ANALYSTBRIEFINGS.HTML)  CAREERS (/CAREER.ASP) Triangulate with your Own Data Get Data as per your Format and Definition Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor Any level of Personalization REQUEST A FREE CUSTOMIZATION (/requestCustomizationNew.asp?id=30112278) LET US HELP YOU! What are the Known and Unknown Adjacencies Impacting the Ballistic Protection Market What will your New Revenue Sources be? Who will be your Top Customer; what will make them switch? Defend your Market Share or Win Competitors Get a Scorecard for Target Partners CUSTOMIZED WORKSHOP REQUEST (/FreeWorkshop.asp?id=30112278) +1-888-600-6441 (Corporate office hours) +1-888-600-6441 (US/Can toll free) Call Us +44-800-368-9399 (UK office hours) CONNECT WITH US (https://www.linkedin.com/company/marketsandmarkets) (https://www.facebook.com/pages/Market- Research- Report/171919766173321) New Reports (/new-reports.asp)Research Insight (/Research-Insight.html) We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info (https://www.marketsandmarkets.com/Privacy-12.html). (https://twitter.com/marketsmarkets) (https://blog.marketsandmarkets.com) (https://www.marketsandmarkets.com/feeds/feeds.xml) (https://www.youtube.com/channel/UCF2TjAy2gyENMNkd2QvrI6g) Top Market Reports (/top-market-reports.asp)Conferences (/conferences.html)Press Releases (/press-release-2.html) SiteMap (/sitemap.html)XML (/sitemap.xml)Feeds (/feeds/feeds.xml)Blog (https://blog.marketsandmarkets.com/)Careers (/Career.asp) X

  12. Disclaimer (/Disclaimer.asp)Privacy Policy (/Privacy-12.html)Terms and Conditions (/Terms-13.html) ©2023 MarketsandMarkets Research Private Ltd. All rights reserved ABOUT TRUST ONLINE (/) Sign In (https://www.marketsandmarkets.com/signin.asp) LEADERSHIP TEAM (/LEADERSHIPTEAM.ASP) BRIEFINGS (/ANALYSTBRIEFINGS.HTML)  HOME (/) RESEARCH EXPERTS (/RESEARCHLEADERSHIP.ASP) CONTACT US (/CONTACTUS.ASP) ABOUT US (/ABOUTUS-8.HTML) CAREERS (/CAREER.ASP) (https://www.dmca.com/Protection/Status.aspx?ID=512a6ded-1d0f-4215-a661- d50c1031e201&refurl=http://localhost:44593/webpageToPdf_3a414a833638d151c8597246439ea0db_16815906294983459253.html) Website Feedback We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info (https://www.marketsandmarkets.com/Privacy-12.html). X

More Related