Ballistic Protection Market Analysis

On the basis of application type, the ballistic protection market is segmented into homeland security, defense, commercial and others, out of which, defense segment is estimated to account for maximum share in the market on the back of rising counter insurgeries and surge in the number of terror attacks. In addition, the enhanced capability of armours to bear high ballistic impact and its significant performance will generate healthy demand for ballistic protection.

Our in-depth analysis of the global market includes the following segments:

By Material Type	Metal & Alloys Composites Ceramics Bulletproof Glass Aramid
By Threat Level	Level II & IIA Level III & IIIA Level IV & Above
By Application Type	Homeland Security Defense Commercial Others
By Technology Type	Soft Armour Hard Armour
By Equipment Type	Helmet Protective Vests Shields & Panels Ballistic Blocks Barrier Systems
By End Users	Soldiers Security Personnel Police Forces Others

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of ballistic protection is evaluated at USD 14.37 billion.

Ballistic Protection Market size was over USD 13.87 billion in 2023 and is poised to exceed USD 24.58 billion by 2036, witnessing over 4.5% CAGR during the forecast period i.e., between 2024-2036.

North America industry is set to hold largest revenue share by 2036, attributed to rising initiatives from US government in order to sustain as a military superpower along with increasing concerns related to the safety & protection of security forces.

The major players in the market are BAE Systems, Craig International Ballistics Pty Ltd., Honeywell International Inc., TEIJIN LIMITED, Point Blank Enterprises, Inc., Rheinmetall AG, DuPont, MKU Limited, Koninklijke Ten Cate BV., ELMON, and others.

Ballistic Protection Market Analysis