Stratview Research has published a new report on the Ballistic Protection Market and bifurcated the market by Product Type (Personal Protective Equipment – Soft Armor, Hard Armor, Protective Headgear, and Vehicle Armor), by Material Type (Aramid Fiber, Glass Fiber, Glass, and Lexan), by Application Type (Defense, Homeland Security, and Commercial), by Region (NA, Europe, APAC, ROW).

Market Insights

According to the report, the ballistic protection market was estimated at USD 12.8 billion in 2022 and is likely to grow at a CAGR of 4.64% during 2022-2028 to reach USD 16.81 billion in 2028.

The purpose of the ballistic protection products is to protect soldiers, army vehicles, and homeland security & law enforcement forces from bullets, explosive materials, mortar, mines, electrical shocks, heat, chemicals, and biohazards.

COVID-19 IMPACT

The covid-19 pandemic shook the whole world, and the impact was felt across almost every industry. The pandemic badly impacted the ballistic protection market in the year 2020.

How does the report help?

The reports provided by Stratview Research are a comprehensive analysis of the market potential in various industry applications. The researchers and analysts study the market minutely and focus on the opportunity of the emerging economies of the globe, so that companies can strategically make region specific plans and gain competitive edge.

Key Players

• BAE Systems
• E.I. DuPont De Nemours
• Honeywell International
• Royal TenCate NV
• Teijin Aramid 

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