Ballistic Protection Market Worth $16.9 Billion by 2027 at a CAGR of 4.7%

1
Ballistic Protection Market worth 16.9 billion
by 2027 at a CAGR of 4.7

• This report provides an analysis of the ballistic
  protection market from 2018 to 2027. It
  discusses industry and technological trends that
  are currently prevailing in the market. It
  analyses factors driving and restraining the
  growth of this market, as well as the challenges
  faced it. The market is estimated to be USD 13.4
  billion in 2022 and is projected to reach USD
  16.9 billion by 2027, at a CAGR of 4.7 during
  the forecast period. Key factors fueling the
  growth of this market include rising political
  unrest in emerging economies, need for upgrades
  in battlefield scenarios, development of
  lightweight, comfortable, and high-strength
  materials and demand for protection by VVIPs.
• Key Market Players
• Some of the key players profiled in the
  ballistic protection market report include BAE
  Systems (UK), Avon Protection (US), Rheinmetall
  AG (US), Tencate Advanced Armor (Netherlands),
  Point Blank Enterprises (US),

(Sweden) prominent
SAAB AB others, are operating
among players ballistic
in the
protection market. Download PDF Brochure
_at_ https//www.marketsandmarkets.com/pdfdownloadNew
.asp?id30112278 On the basis of technology, the
ballistic protection market has been segmented
into hard armor and soft armor. , the hard armor
segment is estimated to account for a larger
share (70.4) of the ballistic protection market
in 2022. The demand for hard armor is expected
to increase due to growing investments in combat
armored vehicles, as well as an increase in
demand for personal protective equipment that can
resist up to level IV threats. On the basis of
material, the ballistic protection market has
been segmented into metals alloys, ceramics,
composites, bulletproof glass and fabric. The
composites segment is estimated to account for
the largest share (35.8) of the ballistic
protection market in 2022. There is a growing
need for lightweight, comfortable, and high-
strength material to protect military and
homeland security personnel from external
2
threats. Hence, there is an increasing demand for
lightweight armor, which is driving the growth
of the material segment. On the basis of product,
the ballistic protection market has been
segmented into hull body, personal protective
equipment, weapon stations optronic, ballistic
containers portable shelters, ballistic
windows, ballistic doors, ballistic blocks,
barrier systems, engine protection, fuel drop
tanks ammunition storage, ballistic floors,
cockpit ballistic protection and pilot seat
protection. The personal protective equipment
segment is estimated to account for a 27.0 share
of the ballistic protection market in 2022. The
increase in geopolitical tension in emerging
economies has driven the growth of the personal
protective equipment segment. Ask for Sample
Report _at_ https//www.marketsandmarkets.com/request
sampleNew.asp?id30112278
About MarketsandMarkets MarketsandMarkets
provides quantified B2B research on 30,000 high
growth niche opportunities/threats which will
impact 70 to 80 of worldwide companies
revenues. Currently servicing 7500 customers
worldwide including 80 of global Fortune 1000
companies as clients. Almost 75,000 top officers
across eight industries worldwide approach
MarketsandMarkets for their painpoints around
revenues decisions. MarketsandMarketss flagship
competitive intelligence and market research
platform, "Knowledgestore" connects over 200,000
markets and entire value chains for deeper
understanding of the unmet insights along with
market sizing and forecasts of niche
markets. Contact Mr. Aashish Mehra
MarketsandMarkets INC. 630 Dundee Road Suite
430 Northbrook, IL 60062 USA 1-888-600-6441