Global Ballistic Protective Equipment Market Size study, by Raw Material by Product, by End-use and Regional Forecasts 2022-2032

Description

List of Tables

Global Ballistic Protective Equipment Market is valued approximately USD 4.82 billion in 2023 and is anticipated to grow with a growth rate of more than 5.21% over the forecast period 2024-2032. Ballistic protective equipment constitutes a specialized array of gear engineered to safeguard individuals against ballistic threats, including bullets and projectiles. This equipment finds primary application among military personnel, law enforcement officers, and security personnel operating in environments where the risk of ballistic attacks is elevated. The evolution of ballistic protective equipment, spurred by advancements in weaponry and evolving operational demands, has led to the integration of cutting-edge materials, ergonomic designs, and modular components. These modern ballistic protection systems prioritize wearer comfort, mobility, and effectiveness, aligning closely with the dynamic needs of today's security landscape. Ballistic protective equipment plays a critical role in safeguarding the lives and well-being of personnel facing ballistic threats in challenging and dangerous environments. Its continual improvement and adaptation to emerging threats remain essential for ensuring the safety and security of those who rely on it in the line of duty.

Global Ballistic Protective Equipment market is poised for growth driven by increased defense expenditures and ongoing military modernization efforts across several countries. According to the Stockholm International Peace Research Institute (SIPRI), global defense spending has been on the rise for eight consecutive years, reaching USD 2.24 trillion in 2022. Furthermore, governments across various countries are prioritizing investment in advanced vehicle ballistic protection systems for defense vehicles. This trend is prompting manufacturers to develop cutting-edge vehicle protection systems that align with customer requirements and demands. Furthermore, the market is driven by stringent regulations and safety standards mandate the use of ballistic protective equipment in various sectors. However, high cost of equipment and complexity of regulations, on the other hand, will stifle market growth between 2022 and 2032.

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. In 2023, North America was the largest regional market propelled by the U.S. military's extensive engagement in Middle Eastern conflicts and the persistent threat of fatal attacks from terrorist organizations in recent years. Additionally, the U.S. federal government faces mounting pressure to maintain its status as a military superpower, further stimulating regional industry growth. Moreover, the rising demand for innovative devices and gadgets driven by technological advancements is expected to drive increased product demand throughout the forecast period. The market in Asia Pacific is expected to develop at the fastest rate over the forecast period.

Major market player included in this report are:

Seyntex N.V.
BAE Systems, Plc
Rheinmetall AG
Honeywell International, Inc.
Point Blank Enterprise, Inc.
Morgan Advanced Materials
ArmorSource LLC
Craig International Ballistics
Survitec Group Ltd
Safe Life Defense

The detailed segments and sub-segment of the market are explained below:

By Raw Material

Aramid
Composites
UHMWPE
Steel
Others

By Product

Head Protection
Soft Armor
Hard Armor

By End-use:

Defense
Law Enforcement & Security
Commercial

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
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1.Global Ballistic Protective Equipment Market Definition and Research Assumptions

1.1.Research Objective
1.2.Market Definition
1.3.Research Assumptions
- 1.3.1.Inclusion & Exclusion
- 1.3.2.Limitations
- 1.3.3.Supply Side Analysis
  - 1.3.3.1.Availability
  - 1.3.3.2.Infrastructure
  - 1.3.3.3.Regulatory Environment
  - 1.3.3.4.Market Competition
  - 1.3.3.5.Economic Viability (Consumer's Perspective)
- 1.3.4.Demand Side Analysis
  - 1.3.4.1.Regulatory frameworks
  - 1.3.4.2.Technological Advancements
  - 1.3.4.3.Environmental Considerations
  - 1.3.4.4.Consumer Awareness & Acceptance
1.4.Estimation Methodology
1.5.Years Considered for the Study
1.6.Currency Conversion Rates

Chapter 2.Executive Summary

2.1.Global Ballistic Protective Equipment Market Size & Forecast (2022- 2032)
2.2.Regional Summary
2.3.Segmental Summary
- 2.3.1.By Raw Material
- 2.3.2. By Product
- 2.3.3. By End-use
2.4.Key Trends
2.5.Recession Impact
2.6.Analyst Recommendation & Conclusion

Chapter 3.Global Ballistic Protective Equipment Market Dynamics

3.1.Market Drivers
3.2.Market Challenges
3.3.Market Opportunities

Chapter 4.Global 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
- 4.1.7.Porter's 5 Force Impact Analysis
4.2.PESTEL Analysis
- 4.2.1.Political
- 4.2.2.Economic
- 4.2.3.Social
- 4.2.4.Technological
- 4.2.5.Environmental
- 4.2.6.Legal
4.3.Top investment opportunity
4.4.Top winning strategies
4.5.Disruptive Trends
4.6.Industry Expert Perspective
4.7.Analyst Recommendation & Conclusion

Chapter 5.Global Ballistic Protective Equipment Market Size & Forecasts by Raw Material 2022-2032

5.1.Aramid
5.2.Composites
5.3.UHMWPE
5.4.Steel
5.5. Others

Chapter 6.Global Ballistic Protective Equipment Market Size & Forecasts by Product 2022-2032

6.1.Head Protection
6.2.Soft Armor
6.3.Hard Armor

Chapter 7.Global Ballistic Protective Equipment Market Size & Forecasts by End-use 2022-2032

7.1.Defense
7.2.Law Enforcement & Security
7.3.Commercial

Chapter 8.Global Ballistic Protective Equipment Market Size & Forecasts by Region 2022-2032

8.1.North America Ballistic Protective Equipment Market
- 8.1.1.U.S. Ballistic Protective Equipment Market
  - 8.1.1.1. Raw Material breakdown size & forecasts, 2022-2032
  - 8.1.1.2.Product breakdown size & forecasts, 2022-2032
  - 8.1.1.3.End-use breakdown size & forecasts, 2022-2032
- 8.1.2.Canada Ballistic Protective Equipment Market
8.2.Europe Ballistic Protective Equipment Market
- 8.2.1.U.K. Ballistic Protective Equipment Market
- 8.2.2.Germany Ballistic Protective Equipment Market
- 8.2.3.France Ballistic Protective Equipment Market
- 8.2.4.Spain Ballistic Protective Equipment Market
- 8.2.5.Italy Ballistic Protective Equipment Market
- 8.2.6.Rest of Europe Ballistic Protective Equipment Market
8.3.Asia-Pacific Ballistic Protective Equipment Market
- 8.3.1.China Ballistic Protective Equipment Market
- 8.3.2.India Ballistic Protective Equipment Market
- 8.3.3.Japan Ballistic Protective Equipment Market
- 8.3.4.Australia Ballistic Protective Equipment Market
- 8.3.5.South Korea Ballistic Protective Equipment Market
- 8.3.6.Rest of Asia Pacific Ballistic Protective Equipment Market
8.4.Latin America Ballistic Protective Equipment Market
- 8.4.1.Brazil Ballistic Protective Equipment Market
- 8.4.2.Mexico Ballistic Protective Equipment Market
- 8.4.3.Rest of Latin America Ballistic Protective Equipment Market
8.5.Middle East & Africa Ballistic Protective Equipment Market
- 8.5.1. Saudi Arabia Ballistic Protective Equipment Market
- 8.5.2. South Africa Ballistic Protective Equipment Market
- 8.5.3.Rest of Middle East & Africa Ballistic Protective Equipment Market

Chapter 9.Competitive Intelligence

9.1.Key Company SWOT Analysis
9.2.Top Market Strategies
9.3.Company Profiles
- 9.3.1. Seyntex N.V.
  - 9.3.1.1.Key Information
  - 9.3.1.2.Overview
  - 9.3.1.3.Financial (Subject to Data Availability)
  - 9.3.1.4.Product Summary
  - 9.3.1.5.Market Strategies
- 9.3.2. BAE Systems, Plc
- 9.3.3.Rheinmetall AG
- 9.3.4.Honeywell International, Inc.
- 9.3.5.Point Blank Enterprise, Inc.
- 9.3.6.Morgan Advanced Materials
- 9.3.7.ArmorSource LLC
- 9.3.8.Craig International Ballistics
- 9.3.9.Survitec Group Ltd
- 9.3.10.Safe Life Defense

Chapter 10.Research Process

10.1.Research Process
- 10.1.1.Data Mining
- 10.1.2.Analysis
- 10.1.3.Market Estimation
- 10.1.4.Validation
- 10.1.5.Publishing
10.2.Research Attributes

LIST OF TABLES

TABLE 1.Global Ballistic Protective Equipment market, report scope
TABLE 2.Global Ballistic Protective Equipment market estimates & forecasts by Region 2022-2032 (USD Billion)
TABLE 3.Global Ballistic Protective Equipment market estimates & forecasts by Raw Material 2022-2032 (USD Billion)
TABLE 4.Global Ballistic Protective Equipment market estimates & forecasts by Product 2022-2032 (USD Billion)
TABLE 5.Global Ballistic Protective Equipment market estimates & forecasts by End-use 2022-2032 (USD Billion)
TABLE 6.Global Ballistic Protective Equipment market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7.Global Ballistic Protective Equipment market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8.Global Ballistic Protective Equipment market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9.Global Ballistic Protective Equipment market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10.Global Ballistic Protective Equipment market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11.Global Ballistic Protective Equipment market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12.Global Ballistic Protective Equipment market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13.Global Ballistic Protective Equipment market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14.Global Ballistic Protective Equipment market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15.Global Ballistic Protective Equipment market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16.U.S. Ballistic Protective Equipment market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 17.U.S. Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18.U.S. Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 19.Canada Ballistic Protective Equipment market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 20.Canada Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 21.Canada Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 22.UK Ballistic Protective Equipment market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 23.UK Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 24.UK Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 25.Germany Ballistic Protective Equipment market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 26.Germany Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 27.Germany Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 28.France Ballistic Protective Equipment market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 29.France Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 30.France Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 31.Italy Ballistic Protective Equipment market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 32.Italy Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 33.Italy Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 34.Spain Ballistic Protective Equipment market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 35.Spain Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 36.Spain Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 37.RoE Ballistic Protective Equipment market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 38.RoE Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 39.RoE Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 40.China Ballistic Protective Equipment market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 41.China Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 42.China Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 43.India Ballistic Protective Equipment market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 44.India Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 45.India Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 46.Japan Ballistic Protective Equipment market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 47.Japan Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 48.Japan Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 49.Australia Ballistic Protective Equipment market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 50.Australia Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 51.Australia Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 52.South Korea Ballistic Protective Equipment market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 53.South Korea Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 54.South Korea Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 55.
TABLE 56.RoAPAC Ballistic Protective Equipment market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 57.RoAPAC Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 58.RoAPAC Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 59.Brazil Ballistic Protective Equipment market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 60.Brazil Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 61.Brazil Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 62.Mexico Ballistic Protective Equipment market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 63.Mexico Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 64.Mexico Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 65.RoLA Ballistic Protective Equipment market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 66.RoLA Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 67.RoLA Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 68.Saudi Arabia Ballistic Protective Equipment market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 69.Saudi Arabia Ballistic Protective Equipment market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 70.Saudi Arabia Ballistic Protective Equipment market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 71.South Africa Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 72.
TABLE 73.South Africa Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 74.South Africa Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 75.RoMEA Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 76.RoMEA Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 77.RoMEA Ballistic Protective Equipment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 78.List of secondary sources, used in the study of Global Ballistic Protective Equipment Market.
TABLE 79.List of primary sources, used in the study of Global Ballistic Protective Equipment Market.
TABLE 80.Years considered for the study.
TABLE 81.Exchange rates considered.

LIST OF FIGURES

FIG 1.Global Ballistic Protective Equipment market, research methodology
FIG 2.Global Ballistic Protective Equipment market, market estimation techniques
FIG 3.Global market size estimates & forecast methods.
FIG 4.Global Ballistic Protective Equipment market, key trends 2023
FIG 5.Global Ballistic Protective Equipment market, growth prospects 2022-2032
FIG 6.Global Ballistic Protective Equipment market, porters 5 force model
FIG 7.Global Ballistic Protective Equipment market, pestel analysis
FIG 8.Global Ballistic Protective Equipment market, value chain analysis
FIG 9.Global Ballistic Protective Equipment market by segment, 2022 & 2032 (USD Billion)
FIG 10.Global Ballistic Protective Equipment market by segment, 2022 & 2032 (USD Billion)
FIG 11.Global Ballistic Protective Equipment market by segment, 2022 & 2032 (USD Billion)
FIG 12.Global Ballistic Protective Equipment market by segment, 2022 & 2032 (USD Billion)
FIG 13.Global Ballistic Protective Equipment market by segment, 2022 & 2032 (USD Billion)
FIG 14.Global Ballistic Protective Equipment market, regional snapshot 2022 & 2032
FIG 15.North America Ballistic Protective Equipment market 2022 & 2032 (USD Billion)
FIG 16.Europe Ballistic Protective Equipment market 2022 & 2032 (USD Billion)
FIG 17.Asia pacific Ballistic Protective Equipment market 2022 & 2032 (USD Billion)
FIG 18.Latin America Ballistic Protective Equipment market 2022 & 2032 (USD Billion)
FIG 19.Middle East & Africa Ballistic Protective Equipment market 2022 & 2032 (USD Billion)
FIG 20.Global Ballistic Protective Equipment market, company market share analysis (2023)