The global ballistic protection market size is expected to grow by an average of 6% per annum from $12.6 billion in 2020 to $17.2 billion in 2025. Growing geopolitical tensions are emerging economies, and massive defense spending arising from internal conflicts and tensions in developing countries such as Brazil, India and Russia is expected to drive the growth of the ballistic protection industry.
A full report of Ballistic Protection Market is available at: https://www.orionmarketreports.com/ballistic-protection-2-market/45476/
COVID-19 scenario analysis:
• Ballistic equipment manufacturers must stop production operations due to government-imposed lockdowns to slow the spread of COVID-19.
• Military authorities must postpone the procurement of ballistic protective equipment due to supply chain disruptions caused by government initiatives to control the COVID-19 outbreak.
• The research and development of ballistic protection materials has been adversely affected by a shortage of international personnel due to the government’s travel ban following the spread of Corona 19.
• Installation and upgrade of ballistic protection equipment for military and commercial vehicles will be delayed due to delays in procurement of ballistic protection equipment from manufacturers.
By Platform:
• Land
• Airborne
• Marine
By Application:
• Military
• Homeland Security
By Material:
• Metals & Alloys
• Ceramics
• Composites
• Bulletproof Glass
• Fabric
By Threat Level:
• Level II & Level IIA
• Level III & Level IIIA
• Level IV & above
By Technology:
• Hard Armor
• Soft Armor
By Product:
• Personal Protective Equipment
• Ballistic Containers & Portable Shelter
• Ballistic Blocks
• Barrier Systems
• Hull & Body
• Weapon Station & Optronics
• Fuel Drop Tanks and Ammunition Storage
• Cockpit Ballistic Protection
• Pilot Seat Protection
• Ballistic Floors
• Ballistic Windows
• Ballistic Door
• Engine Protection
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