Ballistic protection market is anticipated to grow at a CAGR of 5.9% during the forecast period (2024-2031). Ballistic protection is designed to protect personnel, vehicles and structures from fragments caused by explosions, and projectiles such as bullets, and can also help mitigate the effects of blast energy from the explosions.
Get Free Sample link @ https://www.omrglobal.com/request-sample/ballistic-protection-market
There is a growing demand among citizens for personal ballistic protection equipment, such as bulletproof vests for first responders and security workers, as fears over violent crime and mass shootings grow. For instance in April 2023, according to PBS Newshour The US is setting a record pace for mass killings in 2023, replaying the horror on a loop roughly once a week so far this year. The carnage has taken 88 lives in 17 mass killings over 111 days. Each time, the killers wielded firearms. Moreover, body armor producers and retailers are reporting higher sales, which they attribute in part to new customers looking for more protection in the wake of the recent wave of deadly shootouts.Americans are willing to pay up to $85,000 to have their cars fully bulletproofed on the upper end.
full report of Ballistic Protection Market available @ https://www.omrglobal.com/industry-reports/ballistic-protection-market
- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Ballistic Protection Market Report Segment
ByProduct Type
- Personal Protection Equipment
- Vehicle Protection Equipment
By Material Type
- Bulletproof Glass
- Bulletproof Glass
- Metal Alloys
- Fabric
- Others (ceramics, composites)
By Power Source
- Soft Armor
- Hard Armor
By Application
- Military
- Airborne
- Marine
- Law Enforcement agencies
- Others (Commercial)
Global Ballistic Protection Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2023and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global ballistic protection marketmarket. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/ballistic-protection-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404