2019 Ballistic Protection Materials Market & Equipment Industry Growth Statistics to 2025
May 6, 2019
Global Market Insights, Inc. has recently added a new report on ballistic protection materials market & equipment industry which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of the industry.
Selbyville, United States - May 6, 2019 /MarketersMedia/ —
Based on applications, ballistic protection materials & equipment market size has been bifurcated into homeland security & law enforcement, defense, commercial, etc. Defense held the major chunk of the total industry share in 2018, as it includes the application of almost all kinds of ballistic protection equipment including helmets, ballistic vests & jackets, ballistic panels shoes, gloves, etc. This is mainly attributed to strong rise in the safety concerns and thereby the defense budget across nations.
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Defense and law enforcement contributed the largest share to ballistic protection materials & equipment market and is projected to grow at CAGR of approximately 5.0% by 2025.
Different types of materials used in ballistic protection includes carbon fiber composites, aramid, glass fiber & thermoplastic, carbon fiber composites, ceramic, metal, jute and wool. Aramid is used significantly by the key players engaged in the ballistic protection materials market, owing to its excellent properties such as high strength, low flammability, etc. The segment is anticipated to witness gains of approximately 5.5% during the period 2019-2025. Kevlar, Nomex, Twaron, are widely used brands of aramid fibers by the several players engaged in manufacturing of ballistic protection equipment across the world.
Ballistic protection equipment market size has been segregated into protective vests and jackets, helmet, shields, and others including gloves, shoes, etc. Protective vests & jackets are produced from strongly woven aramid and other fibers and contains ballistic plate put in into for better performance. Protective vests and jacket captured the largest share of the total industry share in 2018, due to its increasing demand from defense & law enforcement as well as homeland security and law enforcement. These trends are anticipated to make noteworthy contribution to the overall ballistic protection materials & equipment market size by 2025.
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Presently, North America holds the highest share of global ballistic protection materials market, followed by Europe. In 2018, North America ballistic protection equipment & materials market was valued close to USD 600 million and is anticipated to grow with a CAGR close to 4.5.% during the forecast period.
Global ballistic protection equipment & materials market is consolidated with major players constituting the major chunk of the total industry share in 2018. Key players engaged in market include Teijin Limited, Texas Armoring Corp, DuPont, DSM, Honeywell International Inc, Protective Enterprises LLC, Homeland Security Group Intl, Armor Holdings, Toyobo, Protech Solutions, Inc, Evolution Armor, Waco Composites, etc.
Browse key industry insights spread across 293 pages with 391 market data tables & 23 figures & charts from the report, “Ballistic Protection Equipment & Materials Market Size By Material (Aramid, Carbon Fiber Composites, Glass Fiber & Thermoplastic, Ceramic), By Application (Defense, Homeland Security & Law Enforcement, Commercial), By Equipment (Helmet, Protective Vests & Jackets, Shields & Panels), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/ballistic-protection-market
Partial Table of Contents (ToC) of the report:
Chapter 3. Ballistic Protection Materials Market & Equipment Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2014 - 2025
3.3. Industry ecosystem analysis
3.3.1. Profit margin
3.3.2. Value addition
3.3.3. Distributor channel analysis
3.3.4. Vendor matrix
3.4. Raw material analysis
3.5. Innovation & sustainability
3.5.1. Patent analysis
3.5.2. Future trends
3.6. Industry impact forces
3.6.1. Ballistic Protection Equipment Market & Materials Industry Growth drivers
3.6.2. Industry pitfalls & challenges
3.7. Regulatory landscape
3.7.1. U.S.
3.7.2. Europe
3.7.3. China
3.8. Growth potential analysis
3.9. Regional price trends
3.9.1. Cost structure analysis
3.9.1.1. R & D cost
3.9.1.2. Manufacturing cost
3.9.1.3. Raw material cost
3.9.1.4. Distribution cost
3.9.1.5. Operating cost
3.9.1.6. Miscellaneous cost
3.9.2. Price by material
3.10. Competitive landscape, 2018
3.10.1. Company market share analysis, 2018
3.10.2. Strategy dashboard
3.11. Porter’s analysis
3.11.1. Supplier power
3.11.2. Buyer power
3.11.3. Threat of new entrants
3.11.4. Industry rivalry
3.11.5. Threat of substitutes
3.12. PESTEL analysis
Browse Full Table of Contents (ToC) @ https://www.gminsights.com/toc/detail/ballistic-protection-market
Chapter 6. Ballistic Protection Equipment Market
6.1. Global Ballistic Protection Equipment Market Insights
6.2. Helmet
6.2.1. Market estimates and forecast, 2014 - 2025
6.2.2. Market estimates and forecast by region, 2014 – 2025
6.3. Protective vests and jackets
6.3.1. Market estimates and forecast, 2014 - 2025
6.3.2. Market estimates and forecast by region, 2014 – 2025
6.4. Shields & panels
6.4.1. Market estimates and forecast, 2014 - 2025
6.4.2. Market estimates and forecast by region, 2014 – 2025
6.5. Others
6.5.1. Market estimates and forecast, 2014 - 2025
6.5.2. Market estimates and forecast by region, 2014 – 2025
Browse Related News:
1. Industrial Protective Fabrics Market to cross $9bn by 2025
https://www.globenewswire.com/news-release/2019/05/02/1814096/0/en/Industrial-Protective-Fabrics-Market-to-cross-9bn-by-2025-Global-Market-Insights-Inc.html
2. Industrial Protective Footwear Market Statistics, 2019-2024
https://www.reuters.com/brandfeatures/venture-capital/article?id=103494
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Info:
Name: Arun Hegde
Email: Send Email
Organization: Global Market Insights,Inc.
Phone: 18886890688
Website: https://www.gminsights.com/industry-analysis/ballistic-protection-market
Source: MarketersMedia
Release ID: 509201
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