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Ballistic Protection Market worth $11.03 Billion by 2020
The report "Ballistic Protection Market by Type (Personal Protective Equipment, Vehicle Armor), sub-type (Soft Armor, hard armor, Personal Protective Head Gear), & by Application (Defense, Homeland Security, Commercial) - Global Forecasts & Analysis to 2014 - 2020" the global Ballistic Protection Market was valued at $7.91 billion in 2013 and is expected to reach $11.03 billion by the end of 2020, to grow at a CAGR of 5.11%.
Browse 134 market tables and 49 figures spread through 178 pages and in-depth TOC on "Ballistic Protection Market by Type (Personal Protective Equipment, Vehicle Armor), sub-type (Soft Armor, hard armor, Personal Protective Head Gear), & by Application (Defense, Homeland Security, Commercial) - Global Forecasts & Analysis to 2014 - 2020"
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This report provides a market analysis of the ballistic protection market for the next five years. It provides an overview of the drivers, challenges, and restraints that impact the industry. It also discusses the industry, market, and technology trends that currently prevail in the ballistic protection market. It tracks, analyzes, and lays out the market size of the major spenders in each region and analyses the types of ballistic protection market such as personal protective gear and vehicle armor. It provides information of the leading competitors in the ballistic protection market.
It also provides details on their financial positions, key products, their unique selling points, and key developments. This research report segments the market on the basis of aircraft type, region, country, forecasting revenues, market share, and analyzing trends in each of the sub-sectors.
The ballistic protection market can be segmented into two major categories- personal protective equipment, which can be further segmented into hard armor, soft armor, and personal protective gear. The soft armor segment has shown significant growth in the recent past and is expected to continue the growth. North America accounts for 40% of the total market share of the ballistic protection market followed by Europe and APAC.
A competitive landscape with respect to the identification of key players and their market share has also been provided in the report. The strategic profiling of key players of the ballistic protection, along with a comprehensive analysis of their recent developments, investments, and core competencies in each segment have been identified.
Key players profiled in the report are Teijin Limited (Japan), Honeywell International (U.S.), BAE systems (U.K.), Royal TenCate Corporate EMEA (Netherland), E.L. Dupont DE Nemours & Co. (France).
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