Authored By: Sarah
16 Aug 2021

Ballistic Protection Market | Growth and Analysis
Market Growth and Forecasts for 2021-2025

Ballistic protection market is set to post an incremental growth of $ 2.26 bn during 2021-2025. The market will progressing at a CAGR of over 4% during the forecast period. Our analysts provide a detailed understanding of the market focusing on the latest trends, and drivers that are likely to impact growth. This analysis will enable business leaders to strategize and plan for further growth of their business.


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Ballistic Protection Market: Market Segments and Key Trends

The Ballistic protection market is segmented by Application (Defense, Homeland security, and Commercial) and Geography (North America, Europe, APAC, MEA, and South America). North America led the market with 38% of the market growth set to originate from this region during the forecast period. Developments in war automation leading to reduction in troop size is one of the challenges that will need to be overcome to drive growth. This research report provides market share projections of each segment along with a detailed analysis of all the factors that are likely to boost growth within specific regions as well as global markets.

Ballistic Protection Market: Leading Factors tp Drive Market Growth

One of the primary factors that will drive market growth is the focus on light-weighting of ballistic protection equipment. The ballistic protection market report provides an understanding of this and all the other drivers that are likely to impact market growth. These insights will enable clients to design growth strategies that will leverage opportunities and neutralize challenges effectively.

Ballistic Protection Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Ballistic Protection Market: Vendor Analysis

The market is fragmented. The research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 3M Co., Avon Rubber Plc, BAE Systems Plc, Craig International Ballistics Pty Ltd, DuPont de Nemours Inc., Hellweg International Pty Ltd., Honeywell International Inc., Koninklijke Ten Cate BV., Point Blank Enterprises Inc., and Saab AB are some of the major market participants.

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Ballistic Protection Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive ballistic protection market growth during the next five years
  • Precise estimation of the ballistic protection market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the ballistic protection market industry across North America, Europe, APAC, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of ballistic protection market vendors

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of over 4%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 2.26 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    Focus on light-weighting of ballistic protection equipment will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    North America, Europe, APAC, MEA, and South America are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    38% growth will originate from North America

     
  6. Who are the leading market vendors?
    The leading vendors in this market are 3M Co., Avon Rubber Plc, BAE Systems Plc, Craig International Ballistics Pty Ltd, DuPont de Nemours Inc., Hellweg International Pty Ltd., Honeywell International Inc., Koninklijke Ten Cate BV., Point Blank Enterprises Inc., and Saab AB

     
  7. What are the market segments covered in this report?
    The market is segmented by Application (Defense, Homeland security, and Commercial) and Geography (North America, Europe, APAC, MEA, and South America)

Ballistic Protection Market | Leading Segments, Trends, Drivers and Challenges
Market Recovery and Growth Projections 2021-2025

The ballistic protection market is expected to grow by $ 2.26 bn, accelerating at a CAGR of almost 4% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.


For a snapshot of our exhaustive research analysis and insights:  Request for Our Free Sample Report


Ballistic Protection Market: Market Segments and Growth Forecasts

This research report will provide insights into the current market share of each segment along with growth projections for the next five years. 

  • Market is segmented Application (Defense, Homeland security, and Commercial) and Geography (North America, Europe, APAC, MEA, and South America). 
  • 38% of the market growth will originate from North America during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Ballistic Protection Market size. 

Ballistic Protection Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Ballistic Protection Market: Trends, Drivers, Challenges
The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.

  • Focus on light-weighting of ballistic protection equipment will be a significant factor in driving the growth of the Ballistic Protection Market.
  • Market share growth by the defense segment has been significan will be instrumental in driving the market growth during the forecast period.
  • Factors such as developments in war automation leading to reduction in troop size may impede market growth. 

Ballistic Protection Market: Vendor Analysis

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 3M Co., Avon Rubber Plc, BAE Systems Plc, Craig International Ballistics Pty Ltd, DuPont de Nemours Inc., Hellweg International Pty Ltd., Honeywell International Inc., Koninklijke Ten Cate BV., Point Blank Enterprises Inc., and Saab AB are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with impact analysis of government regulations.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of over 4%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 2.26 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    Focus on light-weighting of ballistic protection equipment will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    North America, Europe, APAC, MEA, and South America are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    38% growth will originate from North America

     
  6. Who are the leading market vendors?
    The leading vendors in this market are 3M Co., Avon Rubber Plc, BAE Systems Plc, Craig International Ballistics Pty Ltd, DuPont de Nemours Inc., Hellweg International Pty Ltd., Honeywell International Inc., Koninklijke Ten Cate BV., Point Blank Enterprises Inc., and Saab AB

     
  7. What are the market segments covered in this report?
    The market is segmented by Application (Defense, Homeland security, and Commercial) and Geography (North America, Europe, APAC, MEA, and South America)
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