Ballistic Protection refers to the class of protective clothing or armor which aims at protecting vehicles and individuals against hand-held weapons or other explosives. Ballistic Protection equipment has been around for more than five millennia.
Over time, the ballistic protection has been through tremendous change across all attributes since ancient times to modern days. Modern-day Ballistic Protection is much more enhanced than ancient Ballistic Protection as it has enhanced performance level, durability as well as flexibility.
Ballistic Protection offers safety and protection from various threats such as bullets, explosive chemicals, mortars, mines, grenade shrapnel, falling glass, and other hazardous materials.
Ballistic Protection products are consequently used to protect soldiers, homeland security, army vehicles, and law enforcement forces from various threats.
There is increasing adoption of ballistic protection products by established as well as emerging countries. The global ballistic protection market is thus expected to grow at a decent pace over the forecast period.
Ballistic Protection products are important in the protection of the police, soldiers, and other security personnel. The increasing geopolitical tensions among countries, growing internal conflicts as well as frequent violent protests are some of the drivers for the growth of global Ballistic Protection market.
With the increasing terrorism as well as growing rivalry and cross border threats especially in developed and developing economies, there is a high demand for various Ballistic Protection products from the defense sector.
Ballistic Protection armor is used by homeland security personnel while on any mission to protect themselves as well as other people. The heavyweight of various Ballistic Protection products is one the challenge as it hinders the free movement of the personnel is one of the major factors that is hindering the Ballistic Protection market.
However, the increasing demand and adoption of various Ballistic Protection products the global Ballistic Protection market is expected to grow positively in terms of both value and volume over the forecast period.
The global Ballistic Protection Market is expected to grow at a good pace, some of the key players in Ballistic Protection Market include
Many other companies are taking interest to invest in the global Ballistic Protection market with increasing demand and opportunities.
The global Ballistic Protection market is growing and thus there are many opportunities for existing as well as emerging players in the Ballistic Protection market. The manufacturers are investing in R&D in order to develop novel and innovative products.
Many companies are developing and launching Ballistic Protection products that weigh less as well as products that are more durable and flexible. The advancements in technologies and product innovation is expected to have a positive impact on the global Ballistic Protection market.
The global Ballistic Protection market can be regionally segmented as North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East & Africa. The Ballistic Protection market in the North America region is expected to have a major share owing to the higher defense spending and advanced homeland security.
The Ballistic Protection market in South Asia & East Asia region is expected to grow with higher CAGR which can be attributed to growing economies and thus increasing spending on defense.
Ballistic Protection market is expected to have a lesser impact by the COVID-19 outbreak. With the imposition of worldwide lockdown, the demand for Ballistic Protection products from police and domestic security is projected to increase.
With a lesser number of people coming out of their houses and ban on international travel, the demand for Ballistic Protection from homeland security & defense sector is expected to remain stagnant.
On the Basis of Type
On the Basis of Threat Level
On the Basis of End Use
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