Ballistic Protective Equipment Market Size, Share, Trends, Growth and Forecast 2029 | Key Players: Point Blank Enterprises, Inc. (US), DuPont (US), Ada(Canada), Survitec Group Limited (UK), ArmorWorks (US), Revision Military (US), ArmorSource, LLC (US

Data Bridge Market Research analyses that the ballistic protective equipment market was valued at USD 13.26 billion in 2021 and is expected to reach USD 11.64 billion by 2029, registering a CAGR of 5.20 % during the forecast period of 2022 to 2029.

An international Ballistic Protective Equipment Market research report is a great store to acquire current as well as upcoming technical and financial details of the Ballistic Protective Equipment Market industry for the precise forecast period. The report performs analysis and discussion of important market trends, market size, sales volume, and market share for Ballistic Protective Equipment Market industry. Estimations about the rise or fall of the CAGR value for specific forecast period are also mentioned in this market report. SWOT analysis and Porter's Five Forces Analysis are two of the most extensively used techniques while preparing the winning Ballistic Protective Equipment Market analysis report.

To organize such a world-class report, the combination of best industry insight, practical solutions, talent solutions and latest technology have been used. Thoroughly described market segmentation aspect provides a clear idea about the product consumption based on several factors ranging from type, application, deployment model, end user to geographical region. The exploitation of established statistical tools and coherent models for analysis and forecasting of market data makes this report outperforming. Moreover, market drivers and market restraints assessed in Ballistic Protective Equipment Market research report makes attentive about how the product is getting utilized in the recent market environment and also provide estimations about the future usage.

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Market Definition

Ballistic protective equipment is a kind of personal armor that offers to protect the wearer from projectile weapons, in which including different types of shrapnel and bullets. It is used to protect the person from ballistic threats. Ballistic protection may be necessary for law enforcement officers, military personnel, or civilians who are at threat of exposure to ballistic injury.

Some of the major players operating in the ballistic protective equipment market are:

BAE Systems (UK)
3M (US)
Rheinmetall AG (Germany)
Ten Cate protective (Netherlands)
FMS Enterprises Migun LTD. (Israel)
Point Blank Enterprises, Inc. (US)
DuPont (US)
Ada(Canada)
Survitec Group Limited (UK)
ArmorWorks (US)
Revision Military (US)
ArmorSource, LLC (US)
Southern States, llc (US)
Craig International Ballistics Pty Ltd. (Australia)
Teijin Limited (Japan)
Saab (Sweden)
MKU Limited (India)
Morgan Advanced Materials (UK)
ELMON (Greece)
Honeywell International, Inc. (US)
Permali Gloucester Ltd.UK)

Ballistic Protective Equipment Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
Increased terror activities
Cross border conflict and rising terrorist attacks have enforced military agencies to acquire ballistic equipment to confirm about safety of military personnel. For example, in 2019, the US government was awarded contact to Koninklijke TenCate which provides and develops enhanced small arms protection insert (ESAPI). ESAPI is a ceramic trauma plate which is used in bulletproof vests to protect from high velocity armor-piercing rounds. These investments in procurement of ballistic protection plates are anticipated to increase the growth of global ballistic protection market.

Rise in adoption of light and composite material

Composite armors are lighter than metal ballistic protection armors. Composite ballistic protection armors are costly but stronger than other forms of ballistic protection armors. For example, US Army's Aviation Applied Technology Directorate developed composite metal foam (CMF).With North Carolina State University, CMF is a highly porous metal with up to three times less, than steel plate armors and two times more weighs and heat resistance. Such R&D in the field of composite materials for ballistic protection will drive the global ballistic protection market.

Growth to be influenced by government regulations
Government regulations and policies have re-instated for accountability in hazardous accidents and events at sites. This has forced to take initiatives by leading personal protective equipment and clothing as part of the industry norm and standard.

Opportunities
Technology advancement
Technological advancements in ballistic protective equipment for manufacture of flexible, a light weight, and thin protective equipment. Further, rising advancements in raw materials for example, ultra-high molecular weight polyethylene (UHMWPE) in ballistic products is anticipated to increase the growth of the global ballistic protective equipment market.

Rise in demand for light weight equipment

Increase the demand of light weight equipment due to which the manufacturers use better raw materials to reduce the weight of ballistic product along with innovation of breathable armor wear. This is anticipated to generate new opportunities for the industry participants for more investments.

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Global Ballistic Protective Equipment Market Scope

The ballistic protective equipment market is segmented on the basis of material, products, platform, threat level, technology and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Material
Aramid
Composites
UHMWPE
Steel
Others

Product
Head protection
Soft Armor
Hard Armor

Platform
Airborne
Marine
Land

Threat Level
Level II & Level IIA
Level III & Level IIIA
Level IV & above

Technology
Soft Armor
Hard Armor

Application
Defence
Commercial
Law Enforcement
Security
Others

Ballistic Protective Equipment Market Regional Analysis/Insights

The Ballistic Protective Equipment market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.

The countries covered in the Ballistic Protective Equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Ballistic Protective Equipment within the region.

Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Ballistic Protective Equipment market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Key Question Answered in Report.

What are the strengths and weaknesses of the Ballistic Protective Equipment Market?
What are the different marketing and distribution channels?
What is the current CAGR of the Ballistic Protective Equipment Market?
What are the Ballistic Protective Equipment market opportunities in front of the market?
What are the highest competitors in Ballistic Protective Equipment market?
What are the key outcomes of SWOT and Porter's five techniques?
What is the Ballistic Protective Equipment market size and growth rate in the forecast period?

The Report's Main Points include
• The major market players involved in the industry, such as market participants, raw material suppliers, equipment suppliers, end users, traders, distributors, and others, are examined in the study.
• The business' complete profiles are listed. The research also includes information on their capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and technical breakthroughs. The data for this study was reviewed and forecasted over a 12-year period.
• The Ballistic Protective Equipment market's growth factors are analyzed in depth, and the various market end users are described in length.
• Market player, area, kind, application, and more can sort data and information, and custom research can be added to meet individual needs.
• The Ballistic Protective Equipment market's SWOT analysis is included in the study. Finally, the report includes a conclusion section that includes the thoughts of industry experts.

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