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Ballistic Protection Market: Growing External As Well As Internal Security Threats To Boost The Market.
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Global Ballistic Protection Drivers:
The global ballistic protection market is expected to capture sustainable growth over the forecast period on account of growing external as well as internal security threats due to conflicts between countries along with increasing warfare situations. Increasing concerns towards improving soldier’s survivability are expected to have a positive influence on the market growth.
The increasing need for newer gadgets and devices on account of continuous technological advancement is also expected to drive the market over the forecast period.
Covid-19 Scenario:
● Impact on Market Size
● End-User Trend, Preferences, and Budget Impact
● Regulatory Framework/Government Policies
● Key Players Strategy to Tackle Negative Impact
● Opportunity Window
Global Ballistic Protection Market Segments:
The global Ballistic Protection market is further segmented into Platform Type, Application, and geography.
● By Platform Type: Airborne, Land, Naval, Space
● By Application: Intelligence & Reconnaissance, Communication & Navigation, Electronic Warfare, Command and Control
Key Region/ Countries Covered
● North America (US, Canada, Mexico)
● Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
● Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
● Rest of the World (the Middle East & Africa and South America)
North America dominates the global ballistic protection market. Rising military tensions in the Middle East owing to U.S. interventions in Iraq and Afghanistan is expected to further complement regional market growth throughout this year. Increasing pressure on the US government to sustain itself as a military superpower is also expected to drive regional market growth . Rekindled hostilities in South Asian countries such as China, India, Pakistan, and Bangladesh are further anticipated to fuel Asia Pacific ballistic protection over the next few years.
Key Players of Global Ballistic Protection Market:
● Saab AB
● Craig International Ballistics Pty Ltd
● BAE Systems
● 3M
● Permali
● Revision Military
● MKU Limited
● Survitec Group Limited
● Point Blank Enterprises
● Rheinmetall AG
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Key Questions Answered Through The Report:
● The Impact of COVID-19 on the global market
● What are the potential opportunities for new entrants in the global market
● What is the market Size and Forecast from 2020 to 2028?
● Key Players associated with the global Ballistic Protection Market
● Value Chain Analysis of Global Ballistic Protection Market
● What is the CAGR of the global Ballistic Protection Market from 2021 to 2028
● Major Growth Factor, Challenges, Trends, and Opportunities in the global market
● Key outcomes of SWOT Analysis
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Evolve Business Intelligence is a market research, business intelligence, and advising service that offers creative solutions to a company’s problems. Our market research studies can find data beneficial to micro, small, medium, and large-scale businesses. We offer a wide range of services, from data collection to business consulting.
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