Press release
Ballistic Protection Market to Hit USD 15.36 Bn at a growth rate of 4.42 percent by 2029 Competitive Landscape, New Market Opportunities, Growth, Investments
Pune 02, Feb 2023: Maximize Market research, the Aerospace and Defence business intelligence firm, has published a market intelligence report on the "Ballistic Protection Market" which was USD 10.87 Bn in 2021 and is expected to grow at a CAGR of 4.42 percent over the forecast period to reach USD 15.36 Bn by 2029. The demand for Ballistic Protection equipment in commercial, army personnel, and homeland security is expected to drive the Ballistic Protection Market growth.Ballistic Protection Market Report Scope and Research Methodology
The report provides an analysis of the Ballistic Protection Market with key insights pertaining to the market which include the major applications, challenges and restraints to the growth of the Ballistic Protection Market. The report covers competitive analysis taking into consideration key growth indicators such as the revenue, financial status of the company, products offered, mergers and acquisitions, joint alliance and distribution channels of the Ballistic Protection Market in detail. The report also provides an industry profile, market strategies, status, and core competitors and includes the factors that affect the business positively or negatively, giving a clear futuristic business view of the industry to the decision-makers. The regional analysis was conducted at a global, regional and local level. This gives regional coverage of key industries to measure their dominance with key manufacturers. Secondary research was used to identify the Ballistic Protection Market's major players, and primary and secondary research was used to calculate their market revenues.
Know More About The Report: https://www.maximizemarketresearch.com/market-report/global-ballistic-protection-market/30968/
Ballistic Protection Market Dynamics
The continuously increasing incidence of territorial, naxalite and political movements is expected to drive market growth across the globe. The increasing demand for various protection equipment, and the demand for lightweight body armor protection such as bulletproof jackets and helmets are expected to create opportunities for market growth. The increasing inaccuracy of the protection level and high occurrence of mechanical failure as well as the highest production cost of armor materials are expected to restrain the market growth.
Ballistic Protection Market Regional Insights
North America held the largest market share in 2021 and is expected to continue to grow the Ballistic Protection Market in this region. The increasing threat from terrorism and the active involvement of the U.S. military with increasing external and internal security are expected to grow the market in this region. The demand for Ballistic Protection equipment in commercial, army personnel, and homeland security is expected to drive the regional Ballistic Protection Market growth during the forecast period.
Request For Free Inquiry Report : https://www.maximizemarketresearch.com/inquiry-before-buying/30968
Ballistic Protection Market Segmentation
By Type: Personal Protective Equipment (PPE) (Soft Armor, Hard Armor, Protective Headgear), Vehicle Armor
By Application: Homeland Security, Defence, and Commercial
By Material: Aramid Fiber, Fiber, Glass, Kevlar, Lexan, Other
Ballistic Protection Market Key Players include:
Honeywell International Inc., FY-Composites Oy, BAE Systems, Koninklijke Ten Cate NV., DuPont, Morgan Advanced Materials plc., ArmorSource LLC, Ceradyne, Inc., Rheinmetall AG, Teijin Limited, E.L. Du pont DE Nemours & Co, Point Blank Enterprises, 3M Company, Australian Defence Apparel Pty Ltd., Survitec Group Limited, Armorworks Enterprises, LLC., MKU Limited, Craig International Ballistics Pty Ltd., Saab AB, Elmon
Request For Free Sample Report : https://www.maximizemarketresearch.com/request-sample/30968
Table of content of Ballistic Protection Market:
Global Ballistic Protection Market: Research Methodology
Global Ballistic Protection Market: Executive Summary
Market Overview and Definitions
Introduction to Global Ballistic Protection Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Ballistic Protection Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Ballistic Protection Market Segmentation
Global Ballistic Protection Market, by Type (2021-2029)
Global Ballistic Protection Market, by Application (2021-2029)
Global Ballistic Protection Market, by Material (2021-2029)
Regional Ballistic Protection Market(2021-2029)
Regional Ballistic Protection Market, by Type (2021-2029)
Regional Ballistic Protection Market, by Application (2021-2029)
Regional Ballistic Protection Market, by Material (2021-2029)
Regional Ballistic Protection Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Purchase Report : https://www.maximizemarketresearch.com/checkout/?method=PayPal&reportId=30968&type=Single%20User
Key Offerings:
Market Share, Size & Forecast by Revenue | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation - A detailed analysis by Type, Application, Material and Region
Competitive Landscape - Top Key Vendors and Other Prominent Vendors
Maximize Market Research is leading Aerospace and Defence research firm, has also published the following reports:
Armor Materials Market - Global Industry Analysis and Forecast (2022-2029) - know more: https://www.maximizemarketresearch.com/market-report/armor-materials-market/2781/
Protection Mats Market (2021 to 2027) - know more: https://www.maximizemarketresearch.com/market-report/protection-mats-market/148720/
Aerospace Coating Market- Global Market Analysis and Forecast (2022-2029) - know more: https://www.maximizemarketresearch.com/market-report/global-aerospace-coatings-market/107962/
Critical Infrastructure Protection Market- Global Industry Analysis and Forecast (2022-2029) - know more: https://www.maximizemarketresearch.com/market-report/global-critical-infrastructure-protection-market/6958/
Ceramic Armor Market- Governments Increasing Defence and Forecast (2021-2027) - know more: https://www.maximizemarketresearch.com/market-report/ceramic-armor-market/164762/
Lightening Protection Products Market- Global Industry Analysis and Forecast 2022 -2029 - know more: https://www.maximizemarketresearch.com/market-report/global-lightening-protection-products-market/90991/
Cloud Workload Protection Market - Global Industry Analysis and Forecasts (2022-2029) - know more: https://www.maximizemarketresearch.com/market-report/global-cloud-workload-protection-market/5715/
Advanced Protective Gear and Armor Market - Global Industry Analysis and Forecast (2022-2029) - know more: https://www.maximizemarketresearch.com/market-report/global-advanced-protective-gear-and-armor-market/107393/
Active Protection System Market- Global Industry Analysis and Forecast (2021-2027) - know more: https://www.maximizemarketresearch.com/market-report/global-active-protection-system-market/44983/
Body Armor Market - Global Industry Analysis and Forecast (2022-2029) - know more: https://www.maximizemarketresearch.com/market-report/global-body-armor-market/25334/
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Ballistic Protection Market to Hit USD 15.36 Bn at a growth rate of 4.42 percent by 2029 Competitive Landscape, New Market Opportunities, Growth, Investments here
News-ID: 2909497 • Views: …
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.

Courier Services Market Set to Surge to USD 712 Billion by 2032 with a 5.8% CAGR
The Courier Services Market size was valued at USD 453.56 Billion in 2024 and the total Courier Services revenue is expected to grow at a CAGR of 5.8% from 2025 to 2032, reaching nearly USD 712.07 Billion.
Courier Services Market Overview
The global Courier Services Market has experienced significant growth, driven by the rising adoption of e-commerce, growing Internet penetration, and changing consumer lifestyles. Courier services provide quick, door-to-door delivery solutions for…

WealthTech Solutions Market Set to Triple by 2030 with a Robust 15.58% CAGR
WealthTech Solutions Market was valued at USD 6.47 Billion in 2023, and it is expected to reach USD 17.83 Billion by 2030, exhibiting a CAGR of 15.58% during the forecast period (2024-2030).
WealthTech Solutions Market Overview
The global WealthTech Solutions Market is undergoing a transformative phase, driven by changing customer preferences, digital innovation, and evolving financial landscapes. WealthTech solutions provide digital tools and platforms that enhance operational efficiency for financial advisors, wealth…

Rapid Test Market Projected to Reach USD 80.07 Billion by 2032 with 8.81% CAGR G …
Global Rapid Test Market size was valued at USD 40.75 Bn. in 2024 and the total Rapid Test Market is expected to grow by 8.81% from 2025 to 2032, reaching nearly USD 80.07 Bn.
Rapid Test Market Overview
The global Rapid Test Market is witnessing significant growth, driven by the increasing demand for fast, accessible diagnostic solutions across healthcare settings and home-care applications. Rapid tests are designed to detect the presence of…

Agarwood Oil Market Set to Approach USD 497 Million by 2032, Driven by 5.42% CAG …
Global Agarwood Oil Market size is expected to reach nearly US$ 496.84 Mn by 2032 with the CAGR of 5.42% during the forecast period.
Agarwood Oil Market Overview
Agarwood Oil, derived from the resinous wood of Aquilaria trees primarily found in Southeast Asia, is highly valued for its aromatic and therapeutic properties. Formed when the wood is infected by yeast, pests, or microbes, the oil possesses antimicrobial, antioxidant, anti-inflammatory making it widely…
More Releases for Protection
Ballistic Protection Market : Personal Protection Equipment, Vehicle Protection …
According to a new report published by Allied Market Research, titled, "Ballistic Protection Market," The ballistic protection market was valued at $14 billion in 2021, and is estimated to reach $26.1 billion by 2031, growing at a CAGR of 6.8% from 2022 to 2031.
North America dominates the market, in terms of revenue, followed by Asia Pacific, Europe and LAMEA. In addition, Europe is expected to grow at a highest growth…
Crop Protection Market Future Outlook, Crop Protection Industry Research Reports …
The crop protection equipment delivers the farmers with a cost-effective manner of advancing the yield and the quality of their crops. Crop protection is the science and practice of maintain the plant diseases, weeds and several other pests that broke down the agricultural crops and forestry. The agricultural crops comprise the field crops, fruits and vegetables. Such crops in the field are exposed to several aspects. Birds, insects, bacteria, rodents…
Income Protection - United Kingdom (UK) Protection Insurance 2021
HTF Market Intelligence released a new research report of 39 pages on title 'Income Protection - United Kingdom (UK) Protection Insurance' with detailed analysis, forecast and strategies. The study covers key regions that includes United Kingdom (UK) and important players such as Legal & General, Aviva, Royal London, The Exeter, Friends Life, Vitality, AIG, Guardian, SquareHealth, Medical Screening Solutions, Canopy, Anorak, Quilter, iPipeline.
Request a sample report @ https://www.htfmarketreport.com/sample-report/2806177-income-protection-united-kingdom
Summary
Income…
Crop Protection Chemicals Market, Crop Protection Market Research, Crop Protecti …
The crop protection products, likewise crop pesticides, are utilized to decrease the yield losses by the pests and syndromes. Reliant on the Royal Society of Chemicals, nearly 800 chemicals active ingredients are registered for the usage as a crop protection solution across the globe. Such chemicals are widely classified in the fungicides, herbicides and insecticide groups.
The crop protection chemical industry has been converting over the years, with vigorous growth…
Spear Phishing Protection Market - Multi-Layered Malware Protection, Social Engi …
In the highly competitive vendor landscape for the global spear phishing protection market, companies are focusing on the development of technologically advanced and innovative spear phishing protection solutions so as to retain consumers and attract new ones. Focus on expansion across lucrative regional markets is also emerging as a leading growth strategy adopted by players with the view of strengthening their positions and improving growth prospects, observes Transparency Market Research…
Personal Protective Equipment for Mining Market Report 2018: Segmentation by Typ …
Global Personal Protective Equipment for Mining market research report provides company profile for AJ Charnaud, Cordova Safety Products, Cestus, DuPont, Ergodyne, Moldex, 3M, Ansell, Honeywell International, MSA and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to…