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Ballistic protection market to grow by USD 2.26 billion during 2021-2025: COVID-19 Focused Report|Technavio

Technavio (PRNewsfoto/Technavio)

News provided by

Technavio

Jun 03, 2021, 03:00 ET

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NEW YORK, June 3, 2021 /PRNewswire/ -- The ballistic protection market is expected to grow by USD 2.26 billion during 2021-2025, according to the new report from Technavio. This marks a significant market slow down compared to the 2020 growth estimates due to the impact of the COVID-19 pandemic, in the first half of 2021. In addition, the report projects the market to accelerate at a CAGR of over 4%.

Technavio's in-depth market research reports include value chain analysis and validation techniques to help industry leaders improve their business.
Download FREE Sample Report

Technavio has announced its latest market research report titled Ballistic Protection Market by Application and Geography - Forecast and Analysis 2021-2025
Technavio has announced its latest market research report titled Ballistic Protection Market by Application and Geography - Forecast and Analysis 2021-2025

Read the 120-page report with TOC on "Ballistic Protection Market Analysis Report by Application (Defense, Homeland security, and Commercial) and Geography (North America, Europe, APAC, MEA, and South America), and the Segment Forecasts,2021-2025". Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales, and supply functions.

More Details: https://www.technavio.com/report/report/ballistic-protection-market-industry-analysis

The ballistic protection market is driven by the rise in asymmetric warfare and threats. In addition, the focus on the light-weighting of ballistic protection equipment is anticipated to boost the growth of the Ballistic Protection Market.

The tactics and the weapons that are relatively used by the weaker enemy to dodge the technological superiority of the advanced nations is called an asymmetric threat. It can be categorized under various potential threats such as nuclear threats, chemical threats, information operations, terrorism, and biological threats. The law enforcement and defense sectors are ensuring the safety of the soldiers and civilians with the help of ballistic protection equipment. Therefore, vendors are introducing advanced ballistics materials. Manufacturers are also focusing on offering breathable and fireproof fabric clothes that can protect the wearer from slash-type attacks. The rising tension across borders as well as between the countries is driving the demand for advanced ballistic protection equipment over the forecast period.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Major Five Ballistic Protection Companies:
3M Co.
3M Co. offers products like ballistic helmets, body armor, flat armor, and other ballistic protection products.

Avon Rubber Plc
Avon Rubber Plc offers products like F70 helmets, BA3A helmets, Exfil Carbon impact protection, and ballistic protection products.

BAE Systems Plc
BAE Systems Plc offers parachute, typhoon helmet, cuttlefish adaptive camouflage.

Craig International Ballistics Pty Ltd
Craig International Ballistics Pty Ltd offers products like compliant shields, body armor plates, training body armor, and ballistic protection products.

DuPont de Nemours Inc.
DuPont de Nemours Inc. offers woven fabrics, lightweight and versatile fabrics, ultra-thin and lightweight unidirectional fabrics, and ballistic protection products.

Ballistic Protection Market Application Outlook (Revenue, USD billion, 2020-2025)

  • Defense - size and forecast 2020-2025
  • Homeland security - size and forecast 2020-2025
  • Commercial - size and forecast 2020-2025

Ballistic Protection Market Geography Outlook (Revenue, USD billion, 2020-2025)

  • North America - size and forecast 2020-2025
  • Europe - size and forecast 2020-2025
  • APAC - size and forecast 2020-2025
  • MEA - size and forecast 2020-2025
  • South America - size and forecast 2020-2025

Know more about Techanavio's analysis on the impact of Disruption Threats comparing Disruptive sources and Factors driving disruption
Download FREE Sample Report

Related Reports on Industrials Include:
Global C4ISR Market- The C4ISR market is segmented by platform (land-based, airborne, naval, and space-based) and geography (North America, Europe, APAC, South America, and MEA).
Download FREE Sample Report

Global Commercial Airframe Component Market- The commercial airframe component market is segmented by component (fuselage, wing, and empennage) and geography (Europe, APAC, North America, MEA, and South America).
Download FREE Sample Report

About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
Newsroom: https://www.technavio.com/news/ballistic-protectionmarket
Report Page: https://www.technavio.com/report/ballistic-protection-market-industry-analysis

SOURCE Technavio

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http://www.technavio.com/

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