Press release
Ballistic Protection Market Size & Growth Analysis Report, 2021-2027
The global ballistic protection market size is expected to grow by an average of 6% per annum from $12.6 billion in 2020 to $17.2 billion in 2025. Growing geopolitical tensions are emerging economies, and massive defense spending arising from internal conflicts and tensions in developing countries such as Brazil, India and Russia is expected to drive the growth of the ballistic protection industry.A full report of Ballistic Protection Market is available at: https://www.orionmarketreports.com/ballistic-protection-2-market/45476/
COVID-19 scenario analysis:
• Ballistic equipment manufacturers must stop production operations due to government-imposed lockdowns to slow the spread of COVID-19.
• Military authorities must postpone the procurement of ballistic protective equipment due to supply chain disruptions caused by government initiatives to control the COVID-19 outbreak.
• The research and development of ballistic protection materials has been adversely affected by a shortage of international personnel due to the government's travel ban following the spread of Corona 19.
• Installation and upgrade of ballistic protection equipment for military and commercial vehicles will be delayed due to delays in procurement of ballistic protection equipment from manufacturers.
Key Market Players
A few of the major players in the global ballistic protection market include BAE Systems (UK), 3M (US), Rheinmetall AG (Germany), Koninklijke Ten Cate bv (Netherlands), Point Blank Enterprises, Inc (US), Craig International Ballistics Pty Ltd. (Australia), MKU Limited (India), Elmon (Greece), FMS Enterprises Migun Ltd (Israel), Permali (UK), Revision Military (US), Saab AB(Sweden), and Survitec Group Limited(UK).
North America Low Speed Vehicle Market–Segmentation
By Platform:
• Land
• Airborne
• Marine
By Application:
• Military
• Homeland Security
By Material:
• Metals & Alloys
• Ceramics
• Composites
• Bulletproof Glass
• Fabric
By Threat Level:
• Level II & Level IIA
• Level III & Level IIIA
• Level IV & above
By Technology:
• Hard Armor
• Soft Armor
By Product:
• Personal Protective Equipment
• Ballistic Containers & Portable Shelter
• Ballistic Blocks
• Barrier Systems
• Hull & Body
• Weapon Station & Optronics
• Fuel Drop Tanks and Ammunition Storage
• Cockpit Ballistic Protection
• Pilot Seat Protection
• Ballistic Floors
• Ballistic Windows
• Ballistic Door
• Engine Protection
Reasons to Buying From us –
• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
• Our expert research analysts answer all your questions before and after purchasing your report.
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Ballistic Protection Market Report
• What was the Ballistic Protection Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Ballistic Protection Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Ballistic Protection Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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