Ballistic Protection Market

Ballistic Protection Industry worth $16.9 billion by 2027

The report "Ballistic Protection Market by Material (Metals & Alloys, Ceramics, Composites, Bulletproof Glass, Fabric), Product, Technology, Threat Level (Level II & IIA, Level III & IIIA, Level IV & Above), Platform, Application and Region - Global Forecast to 2027" The ballistic protection market is projected to grow from USD 13.4 billion in 2022 to USD 16.9 billion by 2027, at a CAGR of 4.7% from 2022 to 2027. Rising political unrest in emerging economies is one of the major driving factor for the demand of the ballistic protection market.

Browse 253 market data Tables and 45 Figures spread through 233 Pages and in-depth TOC on "Ballistic Protection Market by Material (Metals & Alloys, Ceramics, Composites, Bulletproof Glass, Fabric), Product, Technology, Threat Level (Level II & IIA, Level III & IIIA, Level IV & Above), Platform, Application and Region - Global Forecast to 2027"
View detailed Table of Content here -

By threat level, IV and above segment is expected to lead the market during the forecast period

On the basis of threat level, the ballistic protection market has been segmented into II and IIA, III and IIIA and IV and above. A level IV hard plate is designed to defeat armor-piercing projectiles. It is tested with a single impact of test calibers specified in the NIJ standard, which represent common threats to the law enforcement and security community, especially in the US. Other countries may have different threat levels to defeat. Level IV ballistic armors are designed to offer protection against large, high-velocity bullets. These armors can stop rounds fired by rifles and submachine guns and are mostly used by tactical police teams and the military.

By application, homeland security segment is expected to grow at highest CAGR during the forecast period

During the forecast period, the homeland security segment is projected to grow at a higher rate than the military segment. Homeland security personnel that are deployed wear ballistic-resistant body armor to safeguard against specific ballistic threats. To maintain safety during any mission, homeland security professionals wear personal protection equipment, such as body vests, ballistic helmets, and gloves. Ballistic helmets are designed to shield the wearer against fragmentation and small-arms threats. Because they are reinforced by ceramics and thermoplastics, the fighting systems employed by homeland security officers are ballistic resistant.

Asia Pacific is projected to grow at the highest CAGR during the forecast period.

Ballistic protection systems are seeing growth in the Asia Pacific region as a result of rising defence spending in nations like Australia, India, China, Japan, South Korea, and the United States as well as the regions expanding economy. Additionally partnering with the contractors and assisting them through the procurement process by providing the required financial and infrastructure supports are the governments of these nations and the local industries. Ballistic protection systems are becoming even more necessary since more insurgent organisations are invading the country and utilising lethal weapons like IEDs and bombs.

Key players in the ballistic protection market include BAE Systems (UK), Avon Protection (US), Rheinmetall AG (US), Tencate Advanced Armor (Netherlands), Point Blank Enterprises (US) and SAAB AB (Sweden). The players are largely focused on contracts and having a strong global presence will help them gain a competitive advantage in the ballistic protection industry. These companies are concentrating their efforts on breaking into new markets by launching technologically superior platforms. These companies, in addition to new product releases and advances, have adopted contracts as strategy. 

Don’t miss out on business opportunities in Ballistic Protection Market. Speak to our analyst and gain crucial industry insighs that will help your businessgrow.

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.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s 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.

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Ballistic Protection Market Size,  Share & Growth Report
Report Code
AS 2798
PR Published ON
Choose License Type
Request Customization
Speak to Analyst
Speak to Analyst
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
  • What are the Known and Unknown Adjacencies Impacting the Ballistic Protection Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
©2024 MarketsandMarkets Research Private Ltd. All rights reserved Protection Status

Digital Virtual Assistant - MarketsandMarkets