The Ballistic Protection Market Size was valued at USD 14.74 billion in 2022 and is expected to reach USD 25.13 billion by 2030, with a growing CAGR of 6.9% over the forecast period 2023-2030.
Ballistic protection shields the body and eyes against diverse shapes, sizes, and impact velocities of missiles, bullets, projectiles, and mortars. It is primarily used to defend troops, police officers, and other security personnel. Historically, ballistic protection devices were constructed of metals and were too heavy to wear; however, they now give the same amount of ballistic protection while being relatively light in weight and hence comfortable to wear. Ceramic, carbon fibre composites, aramid, Lexan, and glass are used to make it.
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The Ballistic Protection Market is predicted to develop significantly because to increased demand for defence equipment as global conflicts intensify. It provides protection against bullets, splinter grenades, pellets, ballistic missiles, and mines. Ballistic protection is used in boiler armour to prevent tank body fragmentation from a missile or anti-tank gun attack, and it includes personal protection items such as ballistic helmets and bulletproof vests to guard against bullets.
MARKET DYNAMICS
KEY DRIVERS
Materials that are lightweight, comfortable, and strong are required.
Rising geopolitical tensions in emerging markets
RESTRAINTS
Strict requirements for ballistic composite products
Failure to give complete security
OPPORTUNITIES
Asia Pacific demand is rapidly expanding.
Composite armour material advancements.
CHALLENGES
Lightweight armour and ballistic composite materials are expensive.
Increased comfort and functionality are in high demand.
IMPACT OF COVID-19
Due to the government-imposed lockdown to slow the spread of COVID-19, ballistic equipment manufacturers are obliged to shut down production operations.
Due to supply chain disruption induced by government measures to limit the COVID-19 epidemic, military agencies are compelled to postpone ballistic protective equipment purchase.
The research and development of ballistic shielding materials is being hampered by a shortage of international personnel as a result of the government-mandated travel prohibition enforced in the aftermath of the COVID-19 epidemic.
Installation and upgrade of ballistic protection equipment in military and commercial vehicles will be delayed due to manufacturer delays in procuring ballistic protection equipment.
The airborne category is expected to increase at a faster CAGR throughout the projection period. It encompasses fixed-wing and helicopter aircraft, as well as unmanned aerial vehicles. There is an increasing demand for military aircraft across all aviation platforms. This demand is due to increased military expenditures in a number of countries, including China, Japan, South Korea, and the United States. The UAV segment is predicted to grow at the fastest rate during the projection period, 2021-2028. The expansion of the airborne category is mostly linked to changes in conflict dynamics, which led to the introduction of UAVs on the battlefield.
During the forecast period, the homeland security segment is expected to grow faster than the military segment. Homeland security officers in the field wear ballistic-resistant body armour to protect themselves from specific ballistic threats. Personal protective equipment, such as body vests, ballistic helmets, and gloves, is used by Homeland Security officers to ensure their safety during any mission. Ballistic helmets are designed to protect the wearer from small weapons fire and fragmentation. Homeland security personnel' fighting systems are ballistic resistant due to the usage of ceramics and thermoplastics.
Armor that is soft Soft armour dominated the global market in 2021 due to benefits such as high shear strength, light weight, and high flexibility, which are likely to drive the segment's expansion.
Armor of Hardness During the forecast period, the segment is expected to grow at a faster rate. Soft armour is thinner and more flexible than hard armour. Hard armour is made from polymer composites strengthened with steel and ceramics.
The glass fibre Increasing government laws governing the safety of passengers, crew, and officers are likely to promote the segment's growth. Increased government initiatives to supply secure barriers such as bulletproof glass, vests, automobiles, and buses to soldiers and officers to avert casualties are likely to drive the segment's expansion.
Composites Composites provide advantages such as corrosion resistance and fatigue resistance. Furthermore, the increasing use of composites in the manufacturing of aircraft components is likely to fuel the expansion of this segment. As a result, the category led the market during the forecast period and is likely to grow at the fastest CAGR between 2021 and 2028.
Ceramic The hard armour is constructed of polymer composites reinforced with ceramic.
Fabric The rising use of fabric in the production of lightweight ballistic garments is likely to fuel the segment's growth.
Metals and alloys: Increasing military modernization plans are likely to promote market growth.
By Material
Bulletproof Glass
Composites
Ceramics
Lexan
Metals & Alloys
Fabric
Others
By Application
Military
Commercial
By Platform
Airborne
Marine
Land
By Technology
Soft Armor
Hard Armor
By Product
Personal Protection Equipment
Cockpit Ballistic Protection
Ballistic Door
Ballistic Floors
Engine Protection
Hull & Body
Weapon Station & Optronics
Others
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REGIONAL ANALYSIS
From 2022 to 2030, the Asia Pacific ballistic protection market is expected to develop at the fastest CAGR. Due to economic growth and increased defence spending in countries such as India, China, Japan, South Korea, and Australia, Asia Pacific is an expanding market for ballistic protection systems. These countries' governments and local companies are also partnering with the contractors and assisting them with the procurement process by providing required financial and infrastructure assistance. The growing number of insurgent organisations infiltrating regions and employing lethal explosives such as IEDs and bombs has increased the demand for ballistic defence systems.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The Major Players are 3M, Permali, Rheinmetall AG., Saab AB, Craig International Ballistics Pty Ltd, BAE Systems, Revision Military, MKU Limited, Survitec Group Limited, Point Blank Enterprises, and other players
3M-Company Financial Analysis
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 14.74 Billion |
| Market Size by 2030 | US$ 25.13 Billion |
| CAGR | CAGR of 6.9% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Material (Bulletproof Glass, Composites, Ceramics, Lexan, Metals & Alloys, Fabric and Others) • By Application (Homeland Security, Military and Commercial) • By Platform (Airborne, Marine and Land) • By Technology (Soft Armor and Hard Armor) • By Product (Personal Protection Equipment, Cockpit Ballistic Protection, Ballistic Door, Ballistic Floors, Engine Protection, Hull & Body, Weapon Station & Optronics and Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | 3M, Permali, Rheinmetall AG., Saab AB, Craig International Ballistics Pty Ltd, BAE Systems, Revision Military, MKU Limited, Survitec Group Limited, Point Blank Enterprises, and other players. |
| DRIVERS | • Materials that are lightweight, comfortable, and strong are required. • Rising geopolitical tensions in emerging markets |
| RESTRAINTS | • Strict requirements for ballistic composite products • Failure to give complete security |
Yes, this report cover top down , bottom up Quantitative Research.Qualitative Research, Fundamental Research, data triangulation, ID’s & FGD’s Analytical research, And other as per report requirement.
Materials that are lightweight, comfortable, and strong are required and Rising geopolitical tensions in emerging markets
North America, Asia-Pacific, The Middle East & Africa, Latin America,Europe are the major five region covered in this report.
Lightweight armour and ballistic composite materials are expensive and Increased comfort and functionality are in high demand.
According to SNS insiders, the Ballistic Protection Market size was USD 13.79 billion in 2021 and is expected to reach USD 21.99 billion by 2028 with a CAGR of 6.9% over the forecasted period
According to SNS insiders, the Ballistic Protection Market size was USD 13.79 billion in 2021 and is expected to reach USD 21.99 billion by 2028 with a CAGR of 6.9% over the forecasted period.
Manufacturers/Service provider, Consultant, Association, Research institute, private and universities libraries, Suppliers and Distributors of the product.
Yes, this report cover top down , bottom up Quantitative Research. Qualitative Research, Fundamental Research, data triangulation, ID’s & FGD’s Analytical research, And other as per report requirement.
The sample for the Ballistic Protection Market report is available on the website upon request. To obtain the sample report, you can also use the 24*7 chat support and direct call services.
Lightweight armour and ballistic composite materials are expensive and Increased comfort and functionality are in high demand with Composite armour material advancements
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia War
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Ballistic Protection Market Segmentation, by Material
8.1 Bulletproof Glass
8.2 Composites
8.3 Ceramics
8.4 Lexan
8.5 Metals & Alloys
8.6 Fabric
8.7 Others
9. Ballistic Protection Market Segmentation, by Application
9.1 Homeland Security
9.2 Military
9.3 Commercial
10. Ballistic Protection Market Segmentation , by Platform
10.1 Airborne
10.2 Marine
10.3 Land
11. Ballistic Protection Market Segmentation, by Technology
11.1 Soft Armor
11.2 Hard Armor
12. Ballistic Protection Market Segmentation, by Product
12.1 Personal Protection Equipment
12.2 Cockpit Ballistic Protection
12.3 Ballistic Door
12.4 Ballistic Floors
12.5 Engine Protection
12.6 Hull & Body
12.7 Weapon Station & Optronics
12.8 Others
13. Regional Analysis
13.1 Introduction
13.2 North America
13.2.1 USA
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Germany
13.3.2 UK
13.3.3 France
13.3.4 Italy
13.3.5 Spain
13.3.6 The Netherlands
13.3.7 Rest of Europe
13.4 Asia-Pacific
13.4.1 Japan
13.4.2 South Korea
13.4.3 China
13.4.4 India
13.4.5 Australia
13.4.6 Rest of Asia-Pacific
13.5 The Middle East & Africa
13.5.1 Israel
13.5.2 UAE
13.5.3 South Africa
13.5.4 Rest
13.6 Latin America
13.6.1 Brazil
13.6.2 Argentina
13.6.3 Rest of Latin America
14. Company Profiles
14.1 3M
14.1.1 Financial
14.1.2 Products/ Services Offered
14.1.3 SWOT Analysis
14.1.4 The SNS view
14.2 Permali
14.3 Rheinmetall AG.
14.4 Saab AB
14.5 Craig International Ballistics Pty Ltd
14.6 BAE Systems
14.7 Revision Military
14.8 MKU Limited
14.9 Survitec Group Limited
14.10 Point Blank Enterprises
15. Competitive Landscape
15.1 Competitive Benchmarking
15.2 Market Share Analysis
15.3 Recent Developments
16. Conclusion
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