Homeland Security Leads Growth in Ballistic Protection Market - PowerPoint PPT Presentation

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Homeland Security Leads Growth in Ballistic Protection Market

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The Ballistic Protection Market is projected to grow from USD 13.4 billion in 2022 to USD 16.9 billion by 2027, at a CAGR of 4.7% from 2022 to 2027. – PowerPoint PPT presentation

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Title: Homeland Security Leads Growth in Ballistic Protection Market


1
  • Homeland Security Leads Growth in Ballistic
    Protection Market New Report Insights
  • The Ballistic Protection Market is projected to
    expand significantly, reaching USD
  • 16.9 billion by 2027 from USD
  • 13.4 billion in 2022, with a compound
    annual growth rate (CAGR) of 4.7. The
    growth is attributed to several factors,
    including rising political unrest in emerging
    economies, which is driving the demand for
    advanced ballistic protection solutions.
  • Download PDF Brochure _at_
  • https//www.marketsandmarkets.com/pdfdownloadNew.a
    sp?id30112278
  • Market Segmentation and Insights
  • Threat Level Segmentation
  • Level IV and Above Expected to lead the market.
    Level IV armor plates are designed to defeat
    armor-piercing projectiles and are tested
    with single impacts of calibers specified in the
    National Institute of Justice (NIJ) standard.
    These armors provide protection against
    high-velocity bullets and are predominantly
    used by tactical police teams and military
    personnel.
  • Level II and IIA, Level III and IIIA These
    levels also contribute significantly
  • to the market, with varying degrees of protection
    suitable for different threat environments.
  • Application Segmentation
  • Homeland Security This segment is anticipated to
    grow at the highest CAGR. Homeland security
    personnel require ballistic-resistant body armor
    to protect against specific threats during
    missions. Equipment such as body vests, ballistic
    helmets, and gloves are essential for their
    safety. Ballistic helmets, reinforced with
    ceramics and thermoplastics, offer protection
    against fragmentation and small-arms fire.
  • Military Continues to be a major application
    segment with ongoing demand for advanced
    ballistic protection solutions for defense
    personnel.

2
  • Government support and collaboration with
    local industries to facilitate procurement
    processes.
  • Rising insurgent activities and the use of lethal
    weapons like improvised explosive devices
    (IEDs) and bombs, necessitating advanced
    ballistic protection systems.
  • Ask for Sample Report _at_ https//www.marketsandmark
    ets.com/requestsampleNew.asp?id30112278 Key
    Market Players and Strategies
  • Leading companies in the ballistic protection
    market include
  • BAE Systems (UK)
  • Avon Protection (US)
  • Rheinmetall AG (US)
  • Tencate Advanced Armor (Netherlands)
  • Point Blank Enterprises (US)
  • SAAB AB (Sweden)
  • These companies are focusing on
  • Securing contracts to enhance their global
    presence and gain a competitive edge.
  • Entering new markets with technologically
    advanced platforms.
  • Launching new products and advancements to meet
    the evolving demands of the market.
  • Adopting strategies such as contracts to
    strengthen their market position.

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