Ballistic Protection Market Forecasts to 2028 | Drivers and Opportunities| Key player Analysis BAE Systems, Craig International Ballistics Pty Ltd, Elmon

According to Stratistics MRC, the Global Ballistic Protection market is accounted for $12.60 billion in 2020 and is expected to reach $24.02 billion by 2028 growing at a CAGR of 8.4% during the forecast period. The need for lightweight, comfortable, and high-strength materials, rising demand for personal protection and increasing geopolitical tensions in emerging economies are the major factors driving the market growth. However, a stringent standard for ballistic composite products is restraining the market growth.

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By geography, Asia Pacific is going to have high growth during forecast period, 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 joining-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 uplift requirement for ballistic protection systems.

Some of the key players profiled in the Ballistic Protection Market include BAE Systems, Craig International Ballistics Pty Ltd, Elmon, FMS Enterprises Migun Ltd, Koninklijke Ten Cate bv, MKU Limited, Permali Point Blank Enterprises Inc, Revision Military, Rheinmetall AG, Saab AB, Urvitec Group Limited Company. 

Products Covered:
• Personal Protective Equipment
• Face Protection
• Vehicle Armor
• Ballistic Doors
• Weapon Stations & Optronics
• Ballistic Barrier Systems
• Ballistic Blocks
• Ballistic Containers & Portable Shelters
• Ballistic Floors
• Ballistic Windows
• Cockpit Ballistic Protection
• Engine Protection
• Fuel Drop Tanks & Ammunition Storage
• Hull & Body
• Pilot Seat Protection
• Ballistic Plate Panel

Platforms Covered:
• Land 
• Airborne
• Marine

Technology’s Covered:
• Hard Armor
• Soft Armor
• Headgear

Applications Covered:
• Homeland Security and Law Enforcement
• Military & Defense
• Commercial

Materials Covered:
• Metals & Alloys
• Ceramics
• Composites
• Bulletproof Glass
• Poly-Ethylene (PE)
• Organic Cotton
• Synthetic Nylon & Polyester
• Thermoplastic
• Wool
• Jute 
• Lexan
• Kevlar

Threat Levels Covered:
• Level II & Level IIA
• Level III & Level IIIA
• Level IV & Above

End Users Covered:
• Soldiers
• Others End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

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