Ballistic Protective Equipment Market 2025-2029
The ballistic protective equipment market is forecasted to grow by USD 1396.6 mn during 2024-2029, accelerating at a CAGR of 5% during the forecast period. The report on the ballistic protective equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased defense budgetary allocations, geopolitical tensions, and defense modernization programs.
Technavio's ballistic protective equipment market is segmented as below:
By Material
- Aramid
- Composites
- UHMWPE
- Steel
- Ceramic
By Product Type
- Body armor
- Helmets
- Ballistic shields
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the strategic partnerships as one of the prime reasons driving the ballistic protective equipment market growth during the next few years. Also, product innovations and increased focus on safety and precaution will lead to sizable demand in the market.
The report on the ballistic protective equipment market covers the following areas:
- Ballistic Protective Equipment Market sizing
- Ballistic Protective Equipment Market forecast
- Ballistic Protective Equipment Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ballistic protective equipment market vendors that include 3M Co., ArmorSource LLC, Avon Polymer Products Ltd., BAE Systems Plc, BSST India Pvt Ltd., DuPont de Nemours Inc., ELMON SA, EnGarde body armor, Hardshell Ltd., Honeywell International Inc., Indian Armour Systems Pvt. Ltd., Mehler Systems, MKU Ltd., Morgan Advanced Materials plc, Point Blank Enterprises Inc., Revision Inc., Rheinmetall AG, Safariland LLC, Seyntex NV, and TenCate Protective Fabrics. Also, the ballistic protective equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.