Global Ballistic Protection Market 2020-2024

Global Ballistic Protection Market 2020-2024

Technavio has been monitoring the ballistic protection market and it is poised to grow by USD 2.83 bn during 2020-2024 progressing at a CAGR of 5% during the forecast period. Our reports on ballistic protection market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the focus on lightweighting of ballistic protection equipment, rise in asymmetric warfare and threats and increasing cross-border terrorism and gun violence. In addition, focus on lightweighting of ballistic protection equipment is anticipated to boost the growth of the market as well.

The ballistic protection market analysis includes application segment and geographical landscapes

Technavio's ballistic protection market is segmented as below:

By Application

  • Defense
  • Homeland security
  • Commercial
By Geographical Landscapes
  • North America
  • Europe
  • APAC
  • MEA
  • South America
This study identifies the innovations in materials used for bulletproof vests as one of the prime reasons driving the ballistic protection market growth during the next few years. Also, rising number of soldier modernization programs and integration of electronic components will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our ballistic protection market covers the following areas:
  • Ballistic protection market sizing
  • Ballistic protection market forecast
  • Ballistic protection market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ballistic protection market vendors that include 3M Co., Avon Rubber Plc, BAE Systems Plc, Craig International Ballistics Pty Ltd, DuPont de Nemours Inc., Hellweg International Pty Ltd, Honeywell International Inc., Point Blank Enterprises Inc., Saab AB, and Tennessee Acquisition Holding BV. Also, the ballistic protection market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

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 an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
    • Market Overview
      • Table Key Finding
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain: Aerospace and defense
      • Inputs
      • Inbound logistics
      • Operations
      • Marketing and sales
      • Aftermarket and service
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ million)
      • Table Global ballistic protection market 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five Forces Summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Application
    • Market segments
      • Table Application - Market share 2019-2024 (%)
    • Comparison by Application
      • Table Comparison by Application
    • Defense - Market size and forecast 2019-2024
      • Table Defense - Market size and forecast 2019-2024 ($ million)
      • Table Defense - Market size and forecast 2019-2024 ($ million), exclusive of COVID- 19 impact
      • Table Defense - Year-over-year growth 2019-2024 (%)
    • Homeland security - Market size and forecast 2019-2024
      • Table Homeland security - Market size and forecast 2019-2024 ($ million)
      • Table Homeland security - Market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Homeland security - Year-over-year growth 2019-2024 (%)
    • Commercial - Market size and forecast 2019-2024
      • Table Commercial - Market size and forecast 2019-2024 ($ million)
      • Table Defense - Market size and forecast 2019-2024 ($ million), exclusive of COVID- 19 impact
      • Table Commercial - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application
  • Customer landscape
    • Overview
      • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ million)
      • Table Ballistic protection market in North America 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table North America - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ million)
      • Table Ballistic protection market in Europe 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ million)
      • Table Ballistic protection market in APAC 2019-2024 ($ million), exclusive of COVID- 19 impact
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ million)
      • Table Ballistic protection market in MEA 2019-2024 ($ million), exclusive of COVID- 19 impact
      • Table MEA – Military expenditure (% of GDP) in 2018
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ million)
      • Table Ballistic protection market in South America 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table South America - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Volume drivers – Demand led growth
      • Focus on lightweighting of ballistic protection equipment
      • Rise in asymmetric warfare and threats
      • Increasing cross-border terrorism and gun violence
      • Growing focus on procuring armored combat vehicles
      • Increase in defense expenditures worldwide
        • Table Military expenditure (% of GDP) in 2018
    • Market challenges
      • Developments in war automation leading to reduction in troop size
      • Optimizing weight and performance of ballistic protection equipment
      • Difficulties in meeting performance standards
        • Table Impact of drivers and challenges
    • Market trends
      • Innovations in materials used for bulletproof vests
      • Rising number of soldier modernization programs
      • Integration of electronic components
      • Adoption of new technologies for urban warfare
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • 3M Co.
      • Table 3M Co. - Overview
      • Table 3M Co. - Business segments
      • Table 3M Co. - Key news
      • Table 3M Co. - Key offerings
      • Table 3M Co. - Segment focus
    • Avon Rubber Plc
      • Table Avon Rubber Plc - Overview
      • Table Avon Rubber Plc - Business segments
      • Table Avon Rubber Plc - Key offerings
      • Table Avon Rubber Plc - Segment focus
    • BAE Systems Plc
      • Table BAE Systems Plc - Overview
      • Table BAE Systems Plc - Business segments
      • Table BAE Systems Plc - Key news
      • Table BAE Systems Plc - Key offerings
      • Table BAE Systems Plc - Segment focus
    • Craig International Ballistics Pty Ltd
      • Table Craig International Ballistics Pty Ltd - Overview
      • Table Craig International Ballistics Pty Ltd - Product and service
      • Table Craig International Ballistics Pty Ltd - Key offerings
    • DuPont de Nemours Inc.
      • Table DuPont de Nemours Inc. - Overview
      • Table DuPont de Nemours Inc. - Business segments
      • Table DuPont de Nemours Inc. - Key news
      • Table DuPont de Nemours Inc. - Key offerings
      • Table DuPont de Nemours Inc. - Segment focus
    • Hellweg International Pty Ltd.
      • Table Hellweg International Pty Ltd. - Overview
      • Table Hellweg International Pty Ltd. - Product and service
      • Table Hellweg International Pty Ltd. - Key offerings
    • Honeywell International Inc.
      • Table Honeywell International Inc. - Overview
      • Table Honeywell International Inc. - Business segments
      • Table Honeywell International Inc. - Key news
      • Table Honeywell International Inc. - Key offerings
      • Table Honeywell International Inc. - Segment focus
    • Point Blank Enterprises Inc.
      • Table Point Blank Enterprises Inc. - Overview
      • Table Point Blank Enterprises Inc. - Product and service
      • Table Point Blank Enterprises Inc. - Key news
      • Table Point Blank Enterprises Inc. - Key offerings
    • Saab AB
      • Table Saab AB - Overview
      • Table Saab AB - Business segments
      • Table Saab AB - Key news
      • Table Saab AB - Key offerings
      • Table Saab AB - Segment focus
    • Tennessee Acquisition Holding BV
      • Table Tennessee Acquisition Holding BV - Overview
      • Table Tennessee Acquisition Holding BV - Business segments
      • Table Tennessee Acquisition Holding BV - Key offerings
      • Table Tennessee Acquisition Holding BV - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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