Global Ballistic Protective Equipment Market By Material Type (Aramid, UHMWPE, and Other Material Types), By Product Type (Head Protection, Soft Armor, and Hard Armor), By End-Use (Defense, Commercial, and Law Enforcement & Security), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

Ballistic Protective Equipment Market Overview:

In 2021, the global market for ballistic protection equipment was worth USD 13,260 Mn at a CAGR rate of 5.2%.

Because of expanding internal and foreign security concerns as a result of nation-state disputes and rising combat circumstances, the sector is expected to rise steadily over the projected period. In economies, increasing terrorist attack readiness has had a significant impact on armor sales.

North America has remained the world’s largest armor wear customer throughout the last years, with the United States topping the pack. Ballistic clothing has grown in popularity in North America as a result of US military engagement in conflicts in Middle Eastern and terrorist threats in recent years. This business will also be fueled by mounting stress on the US government to maintain its status.

Global Ballistic Protective Equipment Market Analysis

Material Type Analysis

Ceramic and metallic compound powders, textiles, and materials for e.g., steel, carbon polymers, and titanium are all common raw materials. In 2021, Aramid Fiber was the most profitable raw material category, accounting for 33% of total sales. The strong market penetration is due to the capability of aramid and related blends to mold easily for the fabrication of body armor and ballistic helmets.

The fastest-growing material segment will be ultra-high molecular weight polyethylene, with a Compound Annual Growth Rate of 4.6% projected between 2023 and 2032. They are employed in the defense sector for body armor wear and personnel protection due to their superior stab resistance and impact strength.

Recent developments have mainly been dedicated to the creation of composites that are carbon Nanotubes and graphene. This allows for lightweight defense against Hypervelocity Projectiles. It is also expected to upsurge the growth of composite materials, particularly in the segment of hard armor.

Product Type Analysis

In 2021, soft armor’s market value exceeded US$ 1,600 million. Innovations in the design of integrated under suits, exoskeletons, soft ballistic plates, and exoskeletons are expected to increase the demand for soft armor.

Helmets are the fast-moving product segment, with a growth rate of 1.1 % predicted by 2025. Over the next ten years, demand for head protection equipment from counter-terrorism groups, as well as the terrestrial army, infantry warfare, military helicopter teams, and will skyrocket.

The hard armor segment is expected to register for the greatest proportion of expenditures, especially given the growing demand for Brazilian personal security and body armor in the future. Law enforcement agencies of Brazil and military branches are moving to improve their ammunition and armor inventories in an effort to tackle domestic crime and terrorism. This is expected to lead increase in demand for hard armor.

End-Use Analysis

Because of the high demand for hard body armor and ballistic helmets, the defense sector held the majority of the global market share. A number of countries have taken numerous counter-terrorism measures over the years, which has accounted for the substantial penetration of the defense sector’s demand.
In 2021, the ballistic protective equipment demand was US$ 1,258.5 Mn. This is due to an increase in bulletproof equipment, such as body armor, shields, and helmets that counter civil unrest or riots.

Key Market Segments

By Material Type

•  Aramid
•  UHMWPE
•  Steel
•  Composites
• Other Material Types

By Product Type

•  Hard Armor
•  Soft Armor
•  Head Protection

By End-Use

•  Defense
•  Commercial
•  Law Enforcement & Security

Market Dynamics

Product demand is expected to rise due to the increasing demand for new gadgets and devices as a result of technological advances. The proposed industry slowdown will be caused by high costs associated with protective equipment.

Increase the demand for lightweight equipment due to which the manufacturers use better raw materials to reduce the weight of ballistic products along with innovation of breathable armor wear. This is projected to generate new opportunities for the industry participants for more investments. The industry is likely to suffer from the adverse effects of heavy material weight on personnel mobility.

Regional Analysis

The demand for soft body armor has increased significantly over the last few years due to increasing concern regarding body protection from small arms in many countries across North America, Europe, and Asia-Pacific.

Because of all the soldier upgrading initiatives being done in North America, soft armor is accounted for the largest market. The United States also contributes to the expansion and upkeep of the Bar Armor Kits program, which will surge the demand for this market.

APAC is estimated to grow significantly due to the dynamic geopolitical links between Asian countries i.e. Vietnam, Pakistan, India, Bangladesh, and China. Growing military spending from India and China, in line with their geopolitical strategy, is likely to balance APAC market development.

By 2032, the market for Africa will be worth more than US$ 205 Mn. African military expenditures are influenced mainly by the upgrading of their armed forces. The product demand will increase due to the ongoing threat of insurgency and militants in African nations such as Egypt, Somalia, Libya, and Sudan. The African ballistic protective equipment market is expected to experience moderate growth because of the increasing demand for hard armor from law enforcement and defense departments of South Africa.

Key Regions and Countries covered іn thе rероrt:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Market Share & Key Players Analysis:

The major players in this market include DuPont, Honeywell International Inc., Toyobo, Teijin Aramid, MKU, The 3M Company, BAE Systems plc, EnGarde, Koninklijke Ten Cate B.V., and other key players. Details included are company overview, company financial statements, company key development, SWOT analysis, etc.

Маrkеt Кеу Рlауеrѕ:

•  DuPont
•  Honeywell International Inc.
•  Toyobo
•  Teijin Aramid
•  MKU
•  The 3M Company
•  BAE Systems plc
•  EnGarde
•  Koninklijke Ten Cate B.V.
•  Other Key Players

For the Ballistic Protective Equipment Market research study, the following years have been considered to estimate the market size: