Ballistic Protective Equipment Market

The global Ballistic Protective Equipment market was valued at 3857.14 Million USD in 2021 and will grow with a CAGR of 2.48% from 2021 to 2027, based on newly published report.
The prime objective of Ballistic Protective Equipment Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Ballistic Protective Equipment Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Ballistic Protective Equipment is worn by the military, police, first responders and civilian personnel such as security guards, focusing on the environmental operating conditions and the thermophysiological burden on the wearers.North America is the major market for soft armors owing to most of the soldier modernization programs being conducted in the region. The U.S. is also involved in the expansion of Buffalo A2 Bar Armor Kits program which will also increase the demand for ballistic protective equipment market. Asia Pacific is expected to witness significant growth on account of dynamic geopolitical relations among South Asian countries such as Pakistan, Vietnam, India, China, and Bangladesh. The rising military spending by China and India as part of their geopolitical strategies is projected to balance Asia Pacific market growth over the forecast.
By Market Verdors:

• Seyntex
• Honeywell International
• Tencate
• Rheinmetall AG
• Point Blank Enterprise
• Morgan Advanced Materials
• ArmorSource LLC
• Craig International Ballistics
• Survitec Group Ltd
• Verseidag-Indutex
• Safe Life Defense
• Tactical Assault Gear (TAG)
• Hellweg International
• MKU Limited
• Mehler Vario System
• Mars Armor
• Paul Boye Technologies
• Mehler Law Enforcement
• Vista Outdoor
• Pacific Safety Products(PSP)
• EnGarde
• Safariland
• CQC Ltd.
• Armor Wear
• BAE Systems
• DowDuPont
• 3M Company
• Teijin Group

By Types:

• Head Protection
• Soft Armor
• Hard Armor

By Applications:

• Defense
• Commercial
• Law Enforcement & Safety

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

• To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the market.
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