Ballistic Protection Market to Witness Huge Growth by Key Players: BAE Systems, 3M, Rheinmetall AG, Koninklijke Ten Cate bv, Point Blank Enterprises, Inc, Craig International Ballistics Pty Ltd, MKU Limited, Elmon, FMS Enterprises Migun Ltd, Permali and O

According to Market Study Report, Ballistic Protection Market provides a comprehensive analysis of the Ballistic Protection Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, technological trends and emerging opportunities of global industry.This report also provides market landscape and market share information in the Ballistic Protection Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Global Ballistic Protection Market size is projected to reach USD 17.2 Billion by 2025, at a CAGR of 6.4% from 2020 to 2025. This report spread across 218 pages, profiling 27 companies and supported with 178 tables and 43 figures are now available in this research.

Top Key Players Profiled in the Ballistic Protection Market:
o BAE Systems (UK)
o 3M (US)
o Rheinmetall AG (Germany)
o Koninklijke Ten Cate bv (Netherlands)
o Point Blank Enterprises Inc (US)
o Craig International Ballistics Pty Ltd (Australia)
o MKU Limited (India)
o Elmon (Greece)
o FMS Enterprises Migun Ltd (Israel)
o Permali (UK)
o Revision Military (US)
o Saab AB (Sweden)
o Survitec Group Limited (UK)

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"The airborne segment to witness the highest growth in the ballistic protection market."
By platform, the airborne segment is projected to grow at a higher CAGR during the forecast period. The airborne segment includes fixed-wing aircraft, helicopters, and unmanned aerial vehicles (UAV), and the marine segment includes destroyers, frigates, corvettes, offshore support vessels (OSVs), aircraft carriers, submarines, and underwater surface vehicles.

"Homeland security segment of the ballistic protection market is expected to grow at the highest CAGR during the forecast period."
The homeland security segment is projected to grow at higher than the military segment 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 (PPE), including body vests, ballistic helmets, and gloves, to ensure safety during any mission. Ballistic helmets are intended to protect the wearer against small arms fire and fragmentation threats.

"Asia Pacific ballistic protection market is expected to witness the highest CAGR during the forecast period."
The ballistic protection industry in Asia Pacific is anticipated to grow at the highest CAGR from 2020 to 2025. Asia Pacific is an emerging market for ballistic protection systems, owing to the economic growth of countries in this region and increased defense spending in countries such as India, China, Japan, South Korea, and Australia. The governments of these countries and local industries are also signing up with the contractors and supporting them through the procurement process by providing necessary financial and infrastructure aids.

Breakdown of primary participants' profile:
o By Company Type: Tier 1: 40%, Tier 2: 30%, and Tier 3: 30%
o By Designation: C-level Executives: 30%, Directors: 20%, and Others*: 50%
o By Region: North America: 27%, Europe: 18%, Asia Pacific: 37%, and RoW: 18%

Competitive Landscape of Ballistic Protection Market:
1 Introduction
2 Competitive Leadership Mapping (Overall Market)
2.1 Visionary Leaders
2.2 Innovators
2.3 Dynamic Differentiators
2.4 Emerging Companies
3 Strength Of Product Portfolio
4 Business Strategy Excellence
5 Competitive Scenario
5.1 Contracts And Agreements
5.2 New Product Launches
5.3 Acquisition And Partnerships

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Reason to access this report:
The report will provide market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall ballistic protection market and its sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies.

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