Ballistic Protection Market Report 2025

The ballistic protection market size has grown strongly in recent years. It will grow from $13.99 billion in 2024 to $14.83 billion in 2025 at a compound annual growth rate (CAGR) of 6%. The growth in the historic period can be attributed to military modernization programs, global conflict and terrorism, rise in law enforcement spending, and focus on soldier survivability.

The ballistic protection market size is expected to see strong growth in the next few years. It will grow to $18.47 billion in 2029 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to rising threats from asymmetric warfare, urban warfare preparedness, focus on comfort and mobility, cybersecurity integration, and commercial applications. Major trends in the forecast period include technological integration, technological advancements in materials, material advancements, smart textiles and wearables, integration of energy-absorbing technologies, and R&D in nanotechnology.

The rise in terrorist activities is expected to drive growth in the ballistic protection market in the coming years. Terrorist activities involve actions or threats aimed at advancing a political, religious, or ideological agenda, often to coerce or influence governments through intimidation. Ballistic protection enables the safe apprehension of suspects and offers defense against such activities, contributing to market growth as these threats escalate. For example, in March 2023, the Global Terrorism Index 2023, published by the Institute for Economics & Peace, an Australia-based research and education think tank, reported that in 2022, terrorist attacks resulted in an average of 1.7 fatalities per incident, an increase from 1.3 deaths per incident in 2021, highlighting a growing deadliness of these attacks. Thus, the increasing prevalence of terrorist activities is driving demand for ballistic protection.

The escalation in defense expenditure is poised to fuel the ballistic protection market's advancement. This refers to the allocation of government funds toward military purposes, encompassing the enhancement and maintenance of armed forces, technological advancements, and operational expenses. Heightened defense spending facilitates the development of lightweight, durable materials crucial for creating effective ballistic protection equipment. The Stockholm International Peace Research Institute reported a 3.7% real-term increase in global military expenditure in 2022, reaching a historic high of $2.24 trillion. This upswing substantiates the correlation between increased defense spending and the growth of the ballistic protection sector.

Innovative product development, exemplified by the introduction of Kevlar EXO, is pivotal in meeting the escalating demand for advanced protection gear in the ballistic protection market. Kevlar EXO, a cutting-edge aramid fiber unveiled by DuPont de Nemours, Inc. in April 2023, offers unparalleled protection, lightness, and flexibility. Specifically designed to enhance user comfort, Kevlar EXO serves as a prime material for body armor vests, ensuring peak flexibility and superior ballistics performance among aramid fibers. Its introduction underscores a commitment to meeting evolving market demands through groundbreaking technological advancements.

The emergence of product innovation stands as a prominent trend in the ballistic protection market, with major companies spearheading developments to fortify their market positions. In February 2022, Schuberth GmbH, a German manufacturer specializing in safety helmets and protective gear, unveiled the SCHUBERTH B.Ko.S., a revolutionary ballistic head protection system. This innovative system integrates universal clips adaptable to numerous slots, including night vision shrouds, and incorporates a rear rail for accommodating battery packs, ensuring optimal helmet balance and enhancing power supply security. This exemplifies a strategic focus on pioneering products to bolster market competitiveness and address evolving industry needs.

In March 2023, Iten Defense LLC, a prominent U.S. manufacturer specializing in advanced composite armor, successfully acquired Transparent Armor Solutions. The acquisition, conducted for an undisclosed sum, aims to leverage the collective resources, enhancing Iten's capabilities by integrating Transparent Armor Solutions' expertise. This strategic move is anticipated to broaden Iten's product portfolio, incorporating transparent armor solutions catering to ground vehicles and infrastructure markets. Transparent Armor Solutions, known for its proficiency in manufacturing ballistic glass and transparent armor, serves as a valuable addition to Iten's strategic growth plans.

Major companies operating in the ballistic protection market include Avon Protection plc., BAE Systems plc, DuPont de Nemours Inc., Honeywell International Inc., Point Blank Enterprises Inc., Rheinmetall AG, Saab AB, Koninklijke Ten Cate BV, Teijin Limited, Survitec Group Limited, ArmorWorks Enterprises LLC, Revision Military Inc., ArmorSource LLC, Southern States LLC, MKU Limited, GENTEX Corporation, Tencate Advanced Armor, Ceradyne Inc., Craig International Ballistics Pty Ltd, EnGarde Body Armor, Safariland LLC, Blackhawk Industries Inc., Armor Express, Ballistic Body Armor Pty Ltd, BBI Detection, C.P.E. Production Oy, CQC Limited, DMS Group, Eagle Industries SAS, Hellweg International, HighCom Security Inc., International Armored Group.

North America was the largest region in the ballistic protection market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global ballistic protection market report during the forecast period. The regions covered in the ballistic protection market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the ballistic protection market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Ballistic protection encompasses body armor designed to defend against various forms of attack or defense, providing shielding for the body and eyes against threats of diverse sizes, shapes, and impact velocities.

Within ballistic protection, the primary product categories include personal protection equipment and vehicle protection equipment. Personal protective equipment encompasses attire and accessories worn to minimize exposure to workplace hazards that could lead to severe illnesses or injuries. Materials commonly employed in this field include aramid, carbon fiber composites, glass fiber and thermoplastic, ceramic, among others. Ballistic protection finds application across land, airborne, and marine domains, serving purposes in defense, homeland security, commercial sectors, and other diverse areas.

The ballistic protection market research report is one of a series of new reports that provides ballistic protection market statistics, including ballistic protection industry global market size, regional shares, competitors with a ballistic protection market share, detailed ballistic protection market segments, market trends and opportunities, and any further data you may need to thrive in the aballistic protection industry. This ballistic protection market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The ballistic protection market consists of sales of body armor, vest, and shield. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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