Business Services News

Business Services News

Breaking News on Business Services

Home > Business Services Search Engine                                 

Business Services News -- Video Feeds
  • Advertising
  • Careers
  • Corporate news
  • Economy
  • Markets
  • Small Business
  • Personal Finance
  • Regulatory and Compliance
  • Business News

    Ballistic Protection Market worth $16.9 billion by 2027
     



    (I-BusinessNews.Com, September 09, 2022 ) This report provides an analysis of the ballistic protection market from 2018 to 2027. It discusses industry and technological trends that are currently prevailing in the market. It analyses factors driving and restraining the growth of this market, as well as the challenges faced it. The market is estimated to be USD 13.4 billion in 2022 and is projected to reach USD 16.9 billion by 2027, at a CAGR of 4.7% during the forecast period. Key factors fueling the growth of this market include rising political unrest in emerging economies, need for upgrades in battlefield scenarios, development of lightweight, comfortable, and high-strength materials and demand for protection by VVIPs.



    Download PDF Brochure @

    https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=30112278



    Key Market Players



    Some of the key players profiled in the ballistic protection market report include BAE Systems (UK), Avon Protection (US), Rheinmetall AG (US), Tencate Advanced Armor (Netherlands), Point Blank Enterprises (US), SAAB AB (Sweden) among others, are prominent players operating in the ballistic protection market.



    On the basis of technology, the ballistic protection market has been segmented into hard armor and soft armor. , the hard armor segment is estimated to account for a larger share (70.4%) of the ballistic protection market in 2022. The demand for hard armor is expected to increase due to growing investments in combat armored vehicles, as well as an increase in demand for personal protective equipment that can resist up to level IV threats.



    On the basis of material, the ballistic protection market has been segmented into metals & alloys, ceramics, composites, bulletproof glass and fabric. The composites segment is estimated to account for the largest share (35.8%) of the ballistic protection market in 2022. There is a growing need for lightweight, comfortable, and high-strength material to protect military and homeland security personnel from external threats. Hence, there is an increasing demand for lightweight armor, which is driving the growth of the material segment.



    On the basis of product, the ballistic protection market has been segmented into hull & body, personal protective equipment, weapon stations & optronics, ballistic containers & portable shelters, ballistic windows, ballistic doors, ballistic blocks, barrier systems, engine protection, fuel drop tanks & ammunition storage, ballistic floors, cockpit ballistic protection and pilot seat protection. The personal protective equipment segment is estimated to account for a 27.0% share of the ballistic protection market in 2022. The increase in geopolitical tension in emerging economies has driven the growth of the personal protective equipment segment.



    Ask for Sample Report @

    https://www.marketsandmarkets.com/requestsampleNew.asp?id=30112278





    About MarketsandMarkets™



    MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.



    MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

    MarketsandMarkets™

    Mr. Aashish Mehra

    1-888-600-6441

    sales@marketsandmarkets.com

    Source: EmailWire.Com

    Source: EmailWire.com

    Business News Feeds
  • Business News - Top Stories
  • Company Earnings
  • Economy
  • Personal Finance
  • Real Estate
  • Stock Markets
  • Business Services Sponsors

    Business Services Ads

    Business Resource Center
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    CIO Insight
    Managed Healthcare Executive
    Mortgage Technology

    No credit cards, coupons, or promo codes required. Try it today!

    Press release service

    :: Home: :: Submit Press Release :: Subscribe to News :: Contact Us :: Help

    For unlimited press release distribution for $59 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.

    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    I-BusinessNews.Com is a business news service of GroupWeb Media LLC