Product Code: GVR-1-68038-242-6
Ballistic Protective Equipment Market Growth & Trends:
The global ballistic protective equipment market size is anticipated to reach USD 6.70 billion by 2030, registering at a CAGR of 5.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing tensions between nations and across borders have heightened the demand for ballistic protection products like headgear, bulletproof vests, shields, armored car, eyewear, and missiles among different end-users.
Technological proliferation is pivotal in the industry, and the market is witnessing a high demand for innovative gears such as DEFCON, liquid body armor, and dragon skin. Furthermore, the escalating need for ensuring the safety of soldiers and military personnel is leading to a large-scale procurement of armor wear by government agencies.
A rise in military conflict is increasing the need for protective gear for safeguarding the armed forces mainly in the emerging economies such as China and India. These military super powers are continuously focusing on the replacement of the legacy military product and also consequently rising their spending in the defense sector. Such modernization activities are creating tremendous opportunities for expansion of ballistic protective equipment market.
Ultra-high molecular weight polyethylene (UHMWPE) products are anticipated to witness the fastest growth over the forecast period at a CAGR of 4.6% over the next nine years. Several government initiatives are encouraging the usage of such lightweight and durable materials for developing ballistic suits, which are anticipated to increase the UHMWPE material demand over the forecast period.
Ballistic Protective Equipment Market Report Highlights:
- Head protection gear is anticipated to emerge as the fastest growing end-use and is expected to reach USD 1,449 million by 2030
- The aramid fiber segment led the market and accounted for more than 33% of the total revenue in 2023
- The ultra-high molecular weight polyethylene (UHMWPE) is anticipated to emerge as the fastest-growing material segment
- North America emerged as the leading regional segment and accounted for 38.6% of the total revenue share in 2023
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope and Assumptions
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.4. Regulatory Framework
- 3.5. Impact of Free Trade Agreement
- 3.6. Ballistic Protective Equipment Market - Market Dynamics
- 3.6.1. Market Driver Analysis
- 3.6.2. Market Restraint Analysis
- 3.6.3. Market Challenge Analysis
- 3.6.4. Market Opportunity Analysis
- 3.7. Industry Analysis Tools: Ballistic Protective Equipment Market
- 3.7.1. Porter's Analysis
- 3.7.2. Macroeconomic Analysis
- 3.8. Economic Mega Trends Analysis
Chapter 4. Ballistic Protective Equipment Market: Raw Material Estimates & Trend Analysis
- 4.1. Ballistic Protective Equipment Market: Raw Material Movement Analysis, 2022 & 2030
- 4.2. Aramid
- 4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.3. Composites
- 4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.4. UHMWPE
- 4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.5. Steel
- 4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.6. Others
- 4.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 5. Ballistic Protective Equipment Market: Application Estimates & Trend Analysis
- 5.1. Ballistic Protective Equipment Market: Application Movement Analysis, 2022 & 2030
- 5.2. Head protection
- 5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.3. Soft Armor
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.4. Hard Armor
- 5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 6. Ballistic Protective Equipment Market: End-use Estimates & Trend Analysis
- 6.1. Ballistic Protective Equipment Market: End-use Movement Analysis, 2022 & 2030
- 6.2. Defense
- 6.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3. Commercial
- 6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4. Law Enforcement & Security
- 6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 7. Ballistic Protective Equipment Market: Regional Estimates & Trend Analysis
- 7.1. Ballistic Protective Equipment Market: Regional Movement Analysis, 2022 & 2030
- 7.2. North America
- 7.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.2.2. Market estimates and forecasts, by raw material, 2018 - 2030 (USD Million)
- 7.2.3. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 7.2.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 7.2.5. U.S.
- 7.2.5.1. Macroeconomic Outlook
- 7.2.5.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.2.5.3. Market estimates and forecasts, by raw material, 2018 - 2030 (USD Million)
- 7.2.5.4. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 7.2.5.5. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 7.2.6. Canada
- 7.2.6.1. Macroeconomic Outlook
- 7.2.6.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.2.6.3. Market estimates and forecasts, by raw material, 2018 - 2030 (USD Million)
- 7.2.6.4. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 7.2.6.5. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 7.2.7. Mexico
- 7.2.7.1. Macroeconomic Outlook
- 7.2.7.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.2.7.3. Market estimates and forecasts, by raw material, 2018 - 2030 (USD Million)
- 7.2.7.4. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 7.2.7.5. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3.2. Market estimates and forecasts, by raw material, 2018 - 2030 (USD Million)
- 7.3.3. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 7.3.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 7.3.5. Germany
- 7.3.5.1. Macroeconomic Outlook
- 7.3.5.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3.5.3. Market estimates and forecasts, by raw material, 2018 - 2030 (USD Million)
- 7.3.5.4. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 7.3.5.5. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 7.3.6. UK
- 7.3.6.1. Macroeconomic Outlook
- 7.3.6.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3.6.3. Market estimates and forecasts, by raw material, 2018 - 2030 (USD Million)
- 7.3.6.4. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 7.3.6.5. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 7.3.7. France
- 7.3.7.1. Macroeconomic Outlook
- 7.3.7.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3.7.3. Market estimates and forecasts, by raw material, 2018 - 2030 (USD Million)
- 7.3.7.4. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 7.3.7.5. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 7.3.8. Italy
- 7.3.8.1. Macroeconomic Outlook
- 7.3.8.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3.8.3. Market estimates and forecasts, by raw material, 2018 - 2030 (USD Million)
- 7.3.8.4. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 7.3.8.5. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 7.3.9. Spain
- 7.3.9.1. Macroeconomic Outlook
- 7.3.9.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3.9.3. Market estimates and forecasts, by raw material, 2018 - 2030 (USD Million)
- 7.3.9.4. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 7.3.9.5. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 7.3.10. Russia
- 7.3.10.1. Macroeconomic Outlook
- 7.3.10.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3.10.3. Market estimates and forecasts, by raw material, 2018 - 2030 (USD Million)
- 7.3.10.4. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 7.3.10.5. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.2. Market estimates and forecasts, by raw material, 2018 - 2030 (USD Million)
- 7.4.3. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 7.4.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 7.4.5. China
- 7.4.5.1. Macroeconomic Outlook
- 7.4.5.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.5.3. Market estimates and forecasts, by raw material, 2018 - 2030 (USD Million)
- 7.4.5.4. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 7.4.5.5. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 7.4.6. Japan
- 7.4.6.1. Macroeconomic Outlook
- 7.4.6.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.7. India
- 7.4.7.1. Macroeconomic Outlook
- 7.4.7.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.7.3. Market estimates and forecasts, by raw material, 2018 - 2030 (USD Million)
- 7.4.7.4. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 7.4.7.5. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 7.4.8. South Korea
- 7.4.8.1. Macroeconomic Outlook
- 7.4.8.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.8.3. Market estimates and forecasts, by raw material, 2018 - 2030 (USD Million)
- 7.4.8.4. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 7.4.8.5. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 7.4.9. Australia
- 7.4.9.1. Macroeconomic Outlook
- 7.4.9.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.9.3. Market estimates and forecasts, by raw material, 2018 - 2030 (USD Million)
- 7.4.9.4. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 7.4.9.5. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 7.5. Central & South America
- 7.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Market estimates and forecasts, by raw material, 2018 - 2030 (USD Million)
- 7.5.3. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 7.5.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 7.5.5. Brazil
- 7.5.5.1. Macroeconomic Outlook
- 7.5.5.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5.5.3. Market estimates and forecasts, by raw material, 2018 - 2030 (USD Million)
- 7.5.5.4. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 7.5.5.5. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 7.5.6. Argentina
- 7.5.6.1. Macroeconomic Outlook
- 7.5.6.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5.6.3. Market estimates and forecasts, by raw material, 2018 - 2030 (USD Million)
- 7.5.6.4. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 7.5.6.5. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 7.6. Middle East & Africa
- 7.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.6.2. Market estimates and forecasts, by raw material, 2018 - 2030 (USD Million)
- 7.6.3. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 7.6.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 7.6.5. UAE
- 7.6.5.1. Macroeconomic Outlook
- 7.6.5.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.6.5.3. Market estimates and forecasts, by raw material, 2018 - 2030 (USD Million)
- 7.6.5.4. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 7.6.5.5. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 7.6.6. Saudi Arabia
- 7.6.6.1. Macroeconomic Outlook
- 7.6.6.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.6.6.3. Market estimates and forecasts, by raw material, 2018 - 2030 (USD Million)
- 7.6.6.4. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 7.6.6.5. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Company Categorization
- 8.3. Participant's Overview
- 8.4. Financial Overview
- 8.5. Product Benchmarking
- 8.6. Company Market Positioning
- 8.7. Company Market Share Analysis
- 8.8. Company Heat Map Analysis
- 8.9. Strategy Mapping
Chapter 9. Company Profiles
- 9.1. Seyntex N.V.
- 9.2. BAE Systems, Plc
- 9.3. Rheinmetall AG
- 9.4. Honeywell International, Inc.
- 9.5. Point Blank Enterprise, Inc.
- 9.6. Morgan Advanced Materials
- 9.7. ArmorSource LLC
- 9.8. Craig International Ballistics
- 9.9. Survitec Group Ltd
- 9.10. Safe Life Defense
- 9.11. Tactical Assault Gear (TAG)
- 9.12. Hellweg International Pty. Ltd
- 9.13. MKU Limited
- 9.14. Mehler Vario System
- 9.15. EnGarde