Global Ballistic Protection Market (2020 to 2025) - Demand for Multipurpose Equipment Presents Lucrative Opportunities

DUBLIN, June 3, 2020 /PRNewswire/ -- The "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 2025" report has been added to ResearchAndMarkets.com's offering.

The ballistic protection market is projected to grow from USD 12.6 billion in 2020 to USD 17.2 billion by 2025, at a CAGR of 6.4% from 2020 to 2025.

Rising political unrest and instability, as well as increasing incidences of terrorism, have prompted military and law enforcement forces and the material sciences community to develop effective solutions that can help ensure troop and vehicle safety. Currently, political conflicts in Syria, Libya, Iraq, and Afghanistan, between Russia & Ukraine, India & Pakistan, India & China, and Russia & Turkey, and criminal violence in Mexico are increasing the need for combat armor. Domestic conflicts in many countries are also boosting the need for ammunition, which, in turn, drives the demand for protective equipment.

The airborne segment to witness the highest growth in the ballistic protection market.

By platform, the airborne segment is projected to grow at a higher CAGR during the forecast period. The airborne segment includes fixed-wing aircraft, helicopters, and unmanned aerial vehicles (UAV), and the marine segment includes destroyers, frigates, corvettes, offshore support vessels (OSVs), aircraft carriers, submarines, and underwater surface vehicles.

There is an increasing demand for aircraft across various aviation platforms for military purposes. This demand is also attributed to the rising military expenditure of various countries, such as China, Japan, South Korea, and the US. The UAV segmented is expected to witness the highest CAGR for the forecast period 2020-2025. The growth of the airborne segment is attributed mainly because of the introduction of UAVs on the battlefield due to changes in the dynamic of war.

Homeland security segment of the ballistic protection market is expected to grow at the highest CAGR during the forecast period.

The homeland security segment is projected to grow at higher than the military segment during the forecast period. Ballistic-resistant body armor is worn by homeland security officers while in the field to protect against specific ballistic threats. Homeland security officers use personal protective equipment (PPE), including body vests, ballistic helmets, and gloves, to ensure safety during any mission. Ballistic helmets are intended to protect the wearer against small arms fire and fragmentation threats. The combat systems used by homeland security officers are ballistic resistant as ceramics and thermoplastics reinforce them.

Asia Pacific ballistic protection market is expected to witness the highest CAGR during the forecast period.

The ballistic protection industry in Asia Pacific is anticipated to grow at the highest CAGR from 2020 to 2025. Asia Pacific is an emerging market for ballistic protection systems, owing to the economic growth of countries in this region and increased defense spending in countries such as India, China, Japan, South Korea, and Australia. The governments of these countries and local industries are also signing up with the contractors and supporting them through the procurement process by providing necessary financial and infrastructure aids. The increase in the number of insurgent groups entering the territories and using deadly explosives such as IEDs and bombs has further raised the need for ballistic protection systems.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Ballistic Protection Market 2020-2025
4.2 Market, By Material
4.3 Market, By Platform
4.4 Market, By Technology
4.5 Market, By Application
4.6 Market, By Threat Level
4.7 Market, By Country

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Geopolitical Tensions in Emerging Economies
5.2.1.2 Changing Battlefield Scenarios
5.2.1.3 Need for Lightweight, Comfortable, and High-Strength Materials
5.2.1.4 Rising Demand for Personal Protection
5.2.2 Restraints
5.2.2.1 Failure to Provide Complete Protection
5.2.2.2 Stringent Standards for Ballistic Composite Products
5.2.3 Opportunities
5.2.3.1 Demand for Multipurpose Equipment
5.2.3.2 Rapidly Increasing Demand in the Asia Pacific Region
5.2.3.3 Advancements in Armor Composite Materials
5.2.4 Challenges
5.2.4.1 High Cost of Lightweight Armor and Ballistic Composite Materials
5.2.4.2 Demand for Increased Comfort Along with Functionality

6 Industry Trends
6.1 Introduction
6.2 Innovation in Advanced Materials for Ballistic Protection
6.2.1 Electronic Textile
6.2.2 Electric Armor
6.3 Technology Trends
6.3.1 Double-Sided Combat Uniform Fabric
6.3.2 Defcon Armor Technology
6.3.3 Modular Ballistic Protection System
6.3.4 Advanced Ceramic Ballistic Armor
6.3.5 Dyneema Force Multiplier Technology
6.3.6 Improved Outer Tactical Vest (Iotv)
6.3.7 Liquid Armor
6.3.8 Smart Fluid
6.3.9 Reactive Armor Technology
6.3.10 Sensor Technology
6.3.11 Next-Gen Suit

7 Ballistic Protection Market, By Platform
7.1 Introduction
7.2 Land
7.3 Airborne
7.4 Marine

8 Ballistic Protection Market, By Application
8.1 Introduction
8.2 Military
8.2.1 Military Soldiers Need Higher Level of Ballistic Protection As They are Exposed to Higher Level of Threats
8.3 Homeland Security
8.3.1 Paramilitary Forces
8.3.1.1 Semi-Militarized Forces Performing Domestic-Based Tactical Missions
8.3.2 Police Forces
8.3.2.1 High Use of Body Vests and Helmets
8.3.3 Special Forces
8.3.3.1 Security Units for Conducting Special Operations

9 Ballistic Protection Market, By Technology
9.1 Introduction
9.2 Hard Armor
9.2.1 Used Where There is a High Risk of Attack
9.2.2 Land
9.2.3 Airborne
9.2.4 Marine
9.3 Soft Armor
9.3.1 Need for Lightweight Body Armor and Change in Military Dynamics are Driving the Demand for Soft Armor Technology
9.3.2 Land
9.3.3 Airborne
9.3.4 Marine

10 Ballistic Protection Market, By Material
10.1 Introduction
10.2 Metals & Alloys
10.3 Ceramics
10.4 Composites
10.5 Bulletproof Glass
10.6 Fabric

11 Ballistic Protection Market, By Product
11.1 Introduction
11.2 Personal Protective Equipment
11.3 Ballistic Containers & Portable Shelters
11.4 Ballistic Blocks
11.5 Ballistic Barrier Systems
11.6 Hull & Body
11.7 Weapon Stations & Optronics
11.8 Fuel Drop Tanks & Ammunition Storage
11.9 Cockpit Ballistic Protection
11.10 Pilot Seat Protection
11.11 Ballistic Floors
11.12 Ballistic Windows
11.13 Ballistic Doors
11.14 Engine Protection

12 Ballistic Protection Market, By Threat Level
12.1 Introduction
12.2 Level II & Level IIa
12.2.1 Level II is Worn in a Covert Style
12.3 Level III & Level IIIa
12.3.1 Level IIIa is Usually the Highest Threat Level in Soft Armor.
12.4 Level IV & Above
12.4.1 Level IV Has the Capacity to Stop Bullets From Rifles and Submachine Guns

13 Regional Analysis
13.1 Introduction
13.2 North America
13.3 Europe
13.4 Asia Pacific
13.5 Middle East
13.6 Africa
13.7 Latin America

14 Competitive Landscape
14.1 Introduction
14.2 Competitive Leadership Mapping (Overall Market)
14.2.1 Visionary Leaders
14.2.2 Innovators
14.2.3 Dynamic Differentiators
14.2.4 Emerging Companies
14.3 Strength of Product Portfolio
14.4 Business Strategy Excellence
14.5 Competitive Scenario
14.5.1 Contracts and Agreements
14.5.2 New Product Launches
14.5.3 Acquisition and Partnerships

15 Company Profiles
15.1 BAE Systems
15.2 3M
15.3 Rheinmentall Ag
15.4 Koninklijke Ten Cate Bv
15.5 Fms Enterprises Migun Ltd.
15.6 Point Blank Enterprises, Inc.
15.7 Seyntex
15.8 Ada (Australian Defence Apparel)
15.9 Survitec Group Limited
15.10 Armorworks
15.11 Revision Military
15.12 Armorsource, Llc
15.13 Southern States, Llc
15.14 Craig International Ballistics Pty Ltd
15.15 Paul Boye Technologies
15.16 Roketsan
15.17 Saab Ab
15.18 MKU Limited
15.19 Pacific Safety Products
15.20 Elmon
15.21 Lifeport
15.22 Permali
15.23 Avon Rubber Plc
15.24 Np Aerospace
15.25 Cooneen Group
15.26 Plasan
15.27 Armor Express

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