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Global Ballistic Protective Equipment Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. Ballistic protection refers to safeguard of body and eyes from projectiles of various shapes, sizes, and impact. Such protection is generally required for soldiers, policemen and general security personnel. The market is mainly driven by increasing global defense expenditure and rising concern for security among the nations. According to STOCKHOLM INTERNATIONAL PEACE RESEARCH INSTITUTE’s 2021 report World military expenditure
was USD 1981 billion in 2020, an increase of 2.6 per cent from 2019 from USD 1931 billion. The five biggest spenders in 2020 were the United States, China, India, Russia, and the United Kingdom, which together accounted for 62 percent of world military spending. Also, increasing on defense infrastructure developments and growing threat of conflicts among the nations across the world is likely to increase the market growth during the forecast period. However, volatile costs of raw materials impede the growth of the market over the forecast period of 2021-2027.
The key regions considered for the global Ballistic Protective Equipment market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to growing technological advancements in defense sector. also, Asia-pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such as rising military spending by China and India would create lucrative growth prospects for the Ballistic Protective Equipment market across Asia-Pacific region.
Major market player included in this report are:
BAE Systems (UK)
3M (US)
Rheinmetall AG(Germany)
Koninklijke Ten Cate bv(Netherlands)
Point Blank Enterprises, Inc (US)
Craig International Ballistics Pty Ltd (Australia)
MKU Limited (India)
Elmon (Greece)
FMS Enterprises Migun Ltd (Israel)
Permali (UK)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Source offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material Type:
Aramid
Composites
UHMWPE
Steel
Others
By Product Type:
Head protection
Soft armor
Hard armor
By End User:
Defence
Commercial
Law Enforcement & Security
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Ballistic Protective Equipment Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. 1.2.1. Ballistic Protective Equipment Market, by Region, 2019-2027 (USD Billion)
1.2.2. 1.2.1. Ballistic Protective Equipment Market, by Material Type, 2019-2027 (USD Billion)
1.2.3. 1.2.1. Ballistic Protective Equipment Market, by Product Type, 2019-2027 (USD Billion)
1.2.4. 1.2.1. Ballistic Protective Equipment Market, by End User, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global 1.2.1. Ballistic Protective Equipment Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global 1.2.1. Ballistic Protective Equipment Market Dynamics
3.1. 1.2.1. Ballistic Protective Equipment Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Increasing trend in global defence expenditure
3.1.1.2. Rising security concerns among the nations
3.1.2. Market Challenges
3.1.2.1. Volatile raw material costs
3.1.3. Market Opportunities
3.1.3.1. Growing consequence of conflicts between nations
3.1.3.2. Rising focus on defence infrastructure development
Chapter 4. Global 1.2.1. Ballistic Protective Equipment Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global 1.2.1. Ballistic Protective Equipment Market, by Material Type
6.1. Market Snapshot
6.2. Global 1.2.1. Ballistic Protective Equipment Market by Material Type, Performance - Potential Analysis
6.3. Global 1.2.1. Ballistic Protective Equipment Market Estimates & Forecasts by Material Type 2018-2027 (USD Billion)
6.4. 1.2.1. Ballistic Protective Equipment Market, Sub Segment Analysis
6.4.1. Aramid
6.4.2. Composites
6.4.3. UHMWPE
6.4.4. Steel
6.4.5. Others
Chapter 7. Global 1.2.1. Ballistic Protective Equipment Market, by Product Type
7.1. Market Snapshot
7.2. Global 1.2.1. Ballistic Protective Equipment Market by Product Type, Performance - Potential Analysis
7.3. Global 1.2.1. Ballistic Protective Equipment Market Estimates & Forecasts by Product Type 2018-2027 (USD Billion)
7.4. 1.2.1. Ballistic Protective Equipment Market, Sub Segment Analysis
7.4.1. Head protection
7.4.2. Soft armor
7.4.3. Hard armor
Chapter 8. Global 1.2.1. Ballistic Protective Equipment Market, by End User
8.1. Market Snapshot
8.2. Global 1.2.1. Ballistic Protective Equipment Market by End User, Performance - Potential Analysis
8.3. Global 1.2.1. Ballistic Protective Equipment Market Estimates & Forecasts by End User 2018-2027 (USD Billion)
8.4. 1.2.1. Ballistic Protective Equipment Market, Sub Segment Analysis
8.4.1. Defense
8.4.2. Commercial
8.4.3. Law Enforcement & Security
Chapter 9. Global 1.2.1. Ballistic Protective Equipment Market, Regional Analysis
9.1. 1.2.1. Ballistic Protective Equipment Market, Regional Market Snapshot
9.2. North America 1.2.1. Ballistic Protective Equipment Market
9.2.1. U.S. 1.2.1. Ballistic Protective Equipment Market
9.2.1.1. Material Type breakdown estimates & forecasts, 2018-2027
9.2.1.2. Product Type breakdown estimates & forecasts, 2018-2027
9.2.1.3. End User breakdown estimates & forecasts, 2018-2027
9.2.2. Canada 1.2.1. Ballistic Protective Equipment Market
9.3. Europe 1.2.1. Ballistic Protective Equipment Market Snapshot
9.3.1. U.K. 1.2.1. Ballistic Protective Equipment Market
9.3.2. Germany 1.2.1. Ballistic Protective Equipment Market
9.3.3. France 1.2.1. Ballistic Protective Equipment Market
9.3.4. Spain 1.2.1. Ballistic Protective Equipment Market
9.3.5. Italy 1.2.1. Ballistic Protective Equipment Market
9.3.6. Rest of Europe 1.2.1. Ballistic Protective Equipment Market
9.4. Asia-Pacific 1.2.1. Ballistic Protective Equipment Market Snapshot
9.4.1. China 1.2.1. Ballistic Protective Equipment Market
9.4.2. India 1.2.1. Ballistic Protective Equipment Market
9.4.3. Japan 1.2.1. Ballistic Protective Equipment Market
9.4.4. Australia 1.2.1. Ballistic Protective Equipment Market
9.4.5. South Korea 1.2.1. Ballistic Protective Equipment Market
9.4.6. Rest of Asia Pacific 1.2.1. Ballistic Protective Equipment Market
9.5. Latin America 1.2.1. Ballistic Protective Equipment Market Snapshot
9.5.1. Brazil 1.2.1. Ballistic Protective Equipment Market
9.5.2. Mexico 1.2.1. Ballistic Protective Equipment Market
9.6. Rest of The World 1.2.1. Ballistic Protective Equipment Market
Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. BAE Systems (UK)
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. 3M (US)
10.2.3. Rheinmetall AG(Germany)
10.2.4. Koninklijke Ten Cate bv(Netherlands)
10.2.5. Point Blank Enterprises, Inc (US)
10.2.6. Craig International Ballistics Pty Ltd (Australia)
10.2.7. MKU Limited (India)
10.2.8. Elmon (Greece)
10.2.9. FMS Enterprises Migun Ltd (Israel)
10.2.10. Permali (UK)
10.2.11. Research Process
10.3. Research Process
10.3.1. Data Mining
10.3.2. Analysis
10.3.3. Market Estimation
10.3.4. Validation
10.3.5. Publishing
10.4. Research Attributes
10.5. Research Assumption
TABLE 2. Global 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by Region 2018-2027 (USD Billion)
TABLE 3. Global 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by Material Type 2018-2027 (USD Billion)
TABLE 4. Global 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by Product Type 2018-2027 (USD Billion)
TABLE 5. Global 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by End User 2018-2027 (USD Billion)
TABLE 6. Global 1.2.1. Ballistic Protective Equipment Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 7. Global 1.2.1. Ballistic Protective Equipment Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 8. Global 1.2.1. Ballistic Protective Equipment Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 9. Global 1.2.1. Ballistic Protective Equipment Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 10. Global 1.2.1. Ballistic Protective Equipment Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 11. Global 1.2.1. Ballistic Protective Equipment Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 12. Global 1.2.1. Ballistic Protective Equipment Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 13. Global 1.2.1. Ballistic Protective Equipment Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 14. Global 1.2.1. Ballistic Protective Equipment Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 15. Global 1.2.1. Ballistic Protective Equipment Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 16. U.S. 1.2.1. Ballistic Protective Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 17. U.S. 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 18. U.S. 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 19. Canada 1.2.1. Ballistic Protective Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 20. Canada 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 21. Canada 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 22. UK 1.2.1. Ballistic Protective Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 23. UK 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 24. UK 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 25. Germany 1.2.1. Ballistic Protective Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 26. Germany 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 27. Germany 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 28. RoE 1.2.1. Ballistic Protective Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 29. RoE 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 30. RoE 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 31. China 1.2.1. Ballistic Protective Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 32. China 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 33. China 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 34. India 1.2.1. Ballistic Protective Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 35. India 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 36. India 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 37. Japan 1.2.1. Ballistic Protective Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 38. Japan 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 39. Japan 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 40. RoAPAC 1.2.1. Ballistic Protective Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 41. RoAPAC 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 42. RoAPAC 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 43. Brazil 1.2.1. Ballistic Protective Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 44. Brazil 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 45. Brazil 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 46. Mexico 1.2.1. Ballistic Protective Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 47. Mexico 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 48. Mexico 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 49. RoLA 1.2.1. Ballistic Protective Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 50. RoLA 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 51. RoLA 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 52. Row 1.2.1. Ballistic Protective Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 53. Row 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 54. Row 1.2.1. Ballistic Protective Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 55. List of secondary sources, used in the study of global 1.2.1. Ballistic Protective Equipment Market
TABLE 56. List of primary sources, used in the study of global 1.2.1. Ballistic Protective Equipment Market
TABLE 57. Years considered for the study
TABLE 58. Exchange rates considered
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