Bullet Proof Jacket Market to reach USD 1.82 billion by 2030-DBMR

Increasing security concerns are a major reason the government is raising the defense budget to strengthen the security defenses. Governments and companies are investing in the growth of advanced lightweight bulletproof jacket by integrating advanced technologies such as 3D printing. Furthermore, bulletproof jacket manufacturers seek collaborations and acquisitions to increase production capacity. Manufacturers also focus on growing their facilities to deal with the increasing demand for bulletproof jacket from critical end-use industries such as civilians and defense.

Data Bridge Market Research analyses that the bullet proof jacket market is expected to reach USD 1.82 billion by 2030, which was USD 1.25 billion in 2022, registering a CAGR of 4.80% from 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Market Definition

A bulletproof jacket is a product of body armor that helps to absorb the impact and reduce the penetration to the torso from firearm-fired projectiles and any fragments from various explosions. A bulletproof jacket helps to protect the torso against bombs, bullets, and knives. These are generally made by layering laminated or woven fibers with ceramic inserted or metal ballistic plates.

View Detailed Report: https://www.databridgemarketresearch.com/reports/global-bullet-proof-jacket-market

Global Bullet Proof Jacket Market Scope

The bullet proof jacket market is segmented on the basis of type, end-user and protection level. 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.

Type

Soft
Hard
Composite

 End-User

Defence
Law Enforcement
Civilians

Protection Level

II
IIIA and IIIA+
III and III+
IV

Some of the major players operating in the bullet proof jacket market are:

BAE Systems (U.K.)
3M (U.S.)
Rheinmetall AG (Germany)
FMS Enterprises Migun LTD. (Israel)
Point Blank Enterprises, Inc. (U.S.)
DuPont (U.S.)
ADA (Canada)
Survitec Group Limited (U.K.)
ArmorWorks (U.S.)
Revision Military (U.S.)
ArmorSource, LLC (U.S.)
Star Wire (India) Ltd (India)
Craig International Ballistics Pty Ltd. (Australia)
Teijin Limited (Japan), Saab  (Sweden)
MKU Limited (India), Morgan Advanced Materials (U.K.)
ELMON (Greece)
Honeywell International, Inc. (U.S.)
Compass International Corp. Ltd. (U.S)

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About Data Bridge Market Research (DBMR):

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