Ballistic Protection Market to witness 4.7% CAGR over the Next five Years
The report on Ballistic Protection Market is a study offering rich insights on the market opportunities, trends, forecasts, and competitive analysis.
(EMAILWIRE.COM, February 26, 2019 )
Stratview Research has launched a research report on Ballistic Protection Market. The objective of this report is to identify the Trend, Forecast, Competitive Analysis, and Growth Opportunity of Ballistic Protection Market from 2016 to 2021.
This report is segmented in four ways to provide a 360-degree holistic view. The segments are –
● by Product Type (Personal Protective Equipment, and Vehicle Armor)
● by Material Type (Aramid Fiber, Glass Fiber, and Others)
● by Application Type (Defense, Homeland Security, and Fabrics)
● and by Region
○ North America (Country Analysis: USA, Canada, and Mexico)
○ Europe (Country Analysis: Germany, France, UK, Italy, Russia, and Rest of the Europe)
○ Asia-Pacific (Country Analysis: China, Japan, India, and Rest of the Asia-Pacific)
○ Rest of the World (Country Analysis: Middle East and Latin America)
Stratview Research, has presented the study of Ballistic Protection Market over the trend period of 2010 to 2015 and forecast period of 2016 to 2021. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
The key ballistic protection equipment manufacturers are BAE Systems, E.I. DuPont De Nemours, Honeywell International, Royal TenCate NV, and Teijin Aramid. Lightweight product and new application development are the key strategies adopted by the key players to gain competitive edge in the market.
Go through the detailed scope: https://www.stratviewresearch.com/toc/176/ballistic-protection-market.html
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Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/176/ballistic-protection-market.html
Increasing government spending in strengthening the defense sector
The purpose of the ballistic protection products is to protect soldiers, army vehicles, and homeland security & law enforcement forces from bullets, explosive materials, mortar, mines, electrical shocks, heat, chemicals, and biohazards.
The ballistic protection market offers good growth opportunity and is likely to grow at 4.7% CAGR during the forecast period of 2016 to 2021. Increasing government spending in strengthening the defense sector, increasing conflicts between countries, and rising terrorist & extremist activities are some of the major factors driving the demand of ballistic protection globally.
Soft armor to experience the fastest growth
The ballistic protection market is segmented into two categories; Personal Protective Equipment and Vehicle Armor. Personal protective equipment is further segmented into three categories namely soft armor, hard armor, and protective headgear. Soft armor is expected to experience the fastest growth over the next five years, driven by increasing demand from defense and law enforcement forces.
Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.
Stratview Research has launched a research report on Ballistic Protection Market. The objective of this report is to identify the Trend, Forecast, Competitive Analysis, and Growth Opportunity of Ballistic Protection Market from 2016 to 2021.
This report is segmented in four ways to provide a 360-degree holistic view. The segments are –
● by Product Type (Personal Protective Equipment, and Vehicle Armor)
● by Material Type (Aramid Fiber, Glass Fiber, and Others)
● by Application Type (Defense, Homeland Security, and Fabrics)
● and by Region
○ North America (Country Analysis: USA, Canada, and Mexico)
○ Europe (Country Analysis: Germany, France, UK, Italy, Russia, and Rest of the Europe)
○ Asia-Pacific (Country Analysis: China, Japan, India, and Rest of the Asia-Pacific)
○ Rest of the World (Country Analysis: Middle East and Latin America)
Stratview Research, has presented the study of Ballistic Protection Market over the trend period of 2010 to 2015 and forecast period of 2016 to 2021. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
The key ballistic protection equipment manufacturers are BAE Systems, E.I. DuPont De Nemours, Honeywell International, Royal TenCate NV, and Teijin Aramid. Lightweight product and new application development are the key strategies adopted by the key players to gain competitive edge in the market.
Go through the detailed scope: https://www.stratviewresearch.com/toc/176/ballistic-protection-market.html
Or
Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/176/ballistic-protection-market.html
Increasing government spending in strengthening the defense sector
The purpose of the ballistic protection products is to protect soldiers, army vehicles, and homeland security & law enforcement forces from bullets, explosive materials, mortar, mines, electrical shocks, heat, chemicals, and biohazards.
The ballistic protection market offers good growth opportunity and is likely to grow at 4.7% CAGR during the forecast period of 2016 to 2021. Increasing government spending in strengthening the defense sector, increasing conflicts between countries, and rising terrorist & extremist activities are some of the major factors driving the demand of ballistic protection globally.
Soft armor to experience the fastest growth
The ballistic protection market is segmented into two categories; Personal Protective Equipment and Vehicle Armor. Personal protective equipment is further segmented into three categories namely soft armor, hard armor, and protective headgear. Soft armor is expected to experience the fastest growth over the next five years, driven by increasing demand from defense and law enforcement forces.
Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.
Contact Information:
Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
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Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results