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Ballistic Protection Market Growth, Size, Overview and Forecast

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The report covers the present scenario and the growth prospects of the global ballistic protection market for 2016-2020.
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Ballistic Protection Market Analysis, Share and Size, Emerging
Trends, Overview and Outlook, Growth And Segment Forecasts To
2020
Technavio Announces the Publication of its Research Report – Global Ballistic Protection Market 20162020
Technavio recognizes the following companies as the key players in the global ballistic protection
market: 3M, BAE Systems, DuPont, Honeywell International, and Royal TenCate.
Other Prominent Vendors in the market are: ArmorWorks Enterprises, Ceradyne, Eagle Industries,
Morgan Advanced Materials, Point Blank Enterprises, and Survitec.
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Commenting on the report, an analyst from Technavio’ s team said: “Adoption of soft body armor will
be a key trend for market growth. Soft body armor is ballistic protection armor, such as bulletproof
vests, designed to protect army personnel and special police task forces. Initially, materials such steel,
iron, fiberglass, and ballistic nylon were used to manufacture them. However, to address the growing
concerns about reduced mobility and flexibility, manufacturers now use materials such as ceramic,
titanium, aluminum, and aramid fibers.”
According to the report, growing security threats in nations will be a key driver for market growth. The
homeland security and law enforcement departments ensure the safety and security of a country from
internal or domestic terrorism, prevent terrorist attacks and organized crimes, and minimize the damage
from attacks and other hazards. Homeland security and law enforcement personnel also face lifethreatening situations in the event of unexpected riots, terrorist attacks, and organized crime occurs. It
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has been noted that almost 95% of injuries are the result of falling or flying glass, mortar shrapnel, and
explosive fragments.
Further, the report states that technical constraints will be a challenge against market growth. There is a
lack of comprehensive understanding of the basic processing-properties-performance relationship of the
materials involved in the manufacture of ballistic protection materials. This has been a major challenge
to the development of new protection materials, not just through conventional and advanced processes,
but also deciding on the materials to be used for soft armor and hard armor.
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 a SWOT analysis of the key vendors.
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About Ballistic Protection
Most of major defense spenders such as the US, UK, Germany, China, Russia, India are directing their
investments on armed personnel protection. The armed personal protection refers to the ballistic
protection given to the armed forces, homeland security and law enforcement officers, private security
officials, and their vehicles from projectiles such as bullets, explosive materials, falling glass materials,
mortar shrapnel, and mines. Growing violence and an increase in the number of terrorist threats and
attacks are major factors that have elevated the demand for ballistic protection equipment.
Technavio’ s analysts forecast the global ballistic protection market to grow at a CAGR of 5.15% during
the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global ballistic protection
market for 2016-2020. The report provides a comprehensive overview of the market, market shares and
growth opportunities by application (defense, homeland security, and commercial), and growth
prospects by region (the Americas, EMEA, and APAC).
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Ballistic Protection Market 2016-2020, has been prepared based on an indepth market analysis with inputs from industry experts. The report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
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Connect for more details:
Sam Collins
Market Reports Center
1-646-883-3044 (US)
[email protected]
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