Press release
Ballistic Protection Global Market Size, Share, Future Trends, Comprehensive Analysis, Opportunity Assessment By 2033 | BAE Systems PLC, Teijin Limited, MKU Limited, BBI Detection, DMS Group
Ballistic Protection Global Market
The ballistic protection market size is expected to see strong growth in the next few years. It will grow to $17.84 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to rising threats from asymmetric warfare, urban warfare preparedness, focus on comfort and mobility, cybersecurity integration, commercial applications. Major trends in the forecast period include technological integration, technological advancements in materials, material advancements, smart textiles and wearables, integration of energy-absorbing technologies, r&d in nanotechnolog.
Market Overview -
Ballistic protection refers to body armor that serves to protect against all types of assault or defense. It shields the body and eyes from threats of all sizes, shapes, and impact velocities.
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Rising Terrorist Threats Fuel Growth In Ballistic Protection Market
Increasing terrorist activities are expected to propel the ballistic protection market going forward. Terrorist activities refer to actions taken or threats made with the purpose to advance a political, religious, or ideological cause or to coerce or influence the government through threats or intimidation. Ballistic protection allows one to safely and securely apprehend a suspect and provides protection from terrorist activities, so the rise in terrorist activities propels the market growth. For instance, in March 2022, according to ReliefWeb, a US-based humanitarian information portal, the global terrorist attacks increased by 17% to reach 5,226 terrorist attacks in 2021, and Sub-Saharan Africa accounted for 48% of global terrorism deaths. Therefore, the increasing terrorist activities are driving the ballistic protection market.
Competitive Landscape -
Major companies operating in the ballistic protection market report are Avon Protection plc ., BAE Systems plc, DuPont de Nemours Inc., Honeywell International Inc., Point Blank Enterprises Inc., Rheinmetall AG, Saab AB, Koninklijke Ten Cate BV, Teijin Limited, Survitec Group Limited, ArmorWorks Enterprises LLC, Revision Military Inc., ArmorSource LLC, Southern States LLC, MKU Limited, GENTEX Corporation, Tencate Advanced Armor, Ceradyne Inc., Craig International Ballistics Pty Ltd, EnGarde Body Armor, Safariland LLC, Blackhawk Industries Inc., Armor Express, Ballistic Body Armor Pty Ltd, BBI Detection, C.P.E. Production Oy, CQC Limited, DMS Group, Eagle Industries SAS, Hellweg International, HighCom Security Inc., International Armored Group
Kevlar Exo Revolutionizing Ballistic Protection With Advanced Aramid Fiber
Major companies operating in the ballistic protection market are developing innovative products such as Kevlar EXO to meet the increasing demand for advanced protection equipment. Kevlar EXO is a next-generation aramid fiber that offers an unmatched combination of protection, lightness, and flexibility. For instance, in April 2023, DuPont de Nemours, Inc., a US-based chemicals company launched Kevlar EXO. It is designed to provide peak flexibility and comfort, making it more comfortable for users to wear body armor vests made from it Kevlar EXO offers the highest ballistics performance among all aramid fibers, enabling the best-in-class, lightest weight ballistics soft armor solutions.
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Key Segments -
The ballistic protection market covered in this report is segmented -
1) By Product Type: Personal Protection Equipment, Vehicle Protection Equipment
2) By Material: Aramid, Carbon Fiber Composites, Glass Fiber And Thermoplastic, Ceramic, Other Materials
3) By Platform: Land, Airborne, Marine
4) By Application: Defense, Homeland Security, Commercial, Other Applications
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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