Press release
Ballistic Protection Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share
Ballistic Protection Market Size
The surge in extremist acts is projected to spur growth in the ballistic protection market. These acts pertain to deeds conducted or threats made with the intention to further a political, religious, or ideological ambition, or to manipulate the government via terror or intimidation. Ballistic protection is critical as it ensures safety while apprehending suspects and safeguards against terror activities, thereby driving the market growth with escalating terrorist activities. For example, data from the Global Terrorism Index 2023, released by the Institute for Economics & Peace, an Australian research and academic institution, showed that in 2022, the average terrorist attacks led to around 1.7 deaths per episode, an increase from 1.3 fatalities per episode in 2021, suggesting a heightened threat level from these attacks. Consequently, the escalating extremist actions are fueling growth in the ballistic protection market.
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What growth opportunities are expected to drive the ballistic protection market's CAGR through 2034?
In recent times, the size of the ballistic protection market has seen significant growth. It is projected to rise from a value of $13.99 billion in 2024 to a value of $14.83 billion in 2025, representing a Compound Annual Growth Rate (CAGR) of 6.0%. This growth over the historical period can be traced back to factors such as the modernization of the military, worldwide conflict and terrorism, an increase in expenditures for law enforcement, and a focus on ensuring soldier survivability.
The anticipated growth in the ballistic protection market looks promising, with an estimated value of $18.47 billion by 2029, increasing at a Compound Annual Growth Rate (CAGR) of 5.7%. The surge expected in the forecast period is due to emerging threats such as asymmetric warfare, readiness for urban warfare, focus on cybersecurity, augmented mobility and comfort, and rising commercial applications. The key trends projected to shape the market during this period include the assimilation of technology, advancement in material technology, evolution in smart textiles and wearables, incorporation of technologies capable of absorbing energy, and comprehensive research and development in the field of nanotechnology.
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What are the emerging trends shaping the future of the ballistic protection market?
To meet the growing need for improved protection gear, key firms in the ballistic protection market, like DuPont de Nemours, Inc., are venturing into the creation of cutting-edge products such as Kevlar EXO. Released in April 2023, Kevlar EXO is a futuristic aramid fiber, renowned for its superior protection, light weight, and adaptability. Designed to optimize flexibility and comfort, this product makes it easier for individuals to wear Kevlar EXO-based body armor vests. Notably, among all aramid fibers, Kevlar EXO boasts the highest ballistic performance, paving the way for top-tier, lightweight ballistic soft armor solutions.
Which growth-oriented segments of the ballistic protection market are leading the industry's development?
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
Subsegments:
1) By Personal Protection Equipment: Body Armor, Helmets, Shields, Protective Clothing
2) By Vehicle Protection Equipment: Armored Vehicles, Ballistic Glass, Blast-Resistant Materials, Armor Kits
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What regions are leading the charge in the ballistic protection market?
North America was the largest region in the ballistic protection market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global ballistic protection market report during the forecast period. The regions covered in the ballistic protection market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What companies are at the forefront of innovation in the ballistic protection market?
Major companies operating in the ballistic protection market include 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
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What Is Covered In The Ballistic Protection Global Market Report?
• Market Size Forecast: Examine the ballistic protection market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the ballistic protection market for a structured understanding.
• Key Players Overview: Analyze major players in the ballistic protection market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the ballistic protection market.
• Segment Contributions: Evaluate how different segments drive overall growth in the ballistic protection market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the ballistic protection market.
• Industry Challenges: Identify potential risks and obstacles affecting the ballistic protection market.
• Competitive Landscape: Review strategic developments in the ballistic protection market, including expansions, agreements, and new product launches.
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