30 January 2021
Visiongain has published a new report on Ballistic Protection Market Report 2021-2031: By Material (Metals & Alloys, Composites, Ceramics, Bullet Proof Glass, Textiles and Fabrics) By Application (Body Armor & Personal Protection Equipment, Vehicular Protection, Ballistic Shelters and Blocks, Artillery & Weapon Systems) By Platform (Aircraft, Rotorcraft, UAVs, Armored Vehicles, UGVs) By End user (Defense, Homeland Security) and Leading Regional/ Country market analysis.
Global Ballistic Protection market was valued at US$ xx billion in 2021 and is projected to reach at a market value of US$ xx billion by 2031. The growth of this market can be attributed to the increasing need for enhanced protection of military personnel, and advancement in lightweight and stronger materials for combat helmets.
Military personnel face dangerous situations during military operations or mission and have a high risk of being injured from a bullet, a flying shrapnel and indirect fire. Hence, it is necessary that military personnel use enhanced ballistic protective gear such as ballistic helmets, and body armor. Hence, the need for enhanced protection to save the soldiers from ballistic attacks is one of the major factors contributing to the growth of ballistic protection market.
Homeland security which includes law enforcement is responsible for defending the country from any domestic riots and conflicts. During any internal conflicts or riots, law enforcement officers are required to be equipped with advance technology helmets to shield themselves from bullets, flying glass, and gun shots. The potential demand from homeland security for latest technological helmets may contribute to the growth of the ballistic protection market.
The protective gear such as ballistic helmets and body armor for military personnel needs to be lightweight so that they do not weigh the soldier down. With advancement in lightweight and stronger materials for advance combat helmets, it will enable soldiers to move more easily and comfortably. For instance, in 2018, Representatives of the U.S. Army Natick Soldier Research, Development and Engineering Center (Massachusetts, U.S.), developed lightweight combat helmets using para-aramid fibers, and ultra-high molecular weight polyethylene (UHMWPE) to enhance soldier protection.
COVID-19 Impact on Ballistic Protection Market
The COVID-19 pandemic has impacted the various economic conditions of countries across the globe. Despite the pandemic, the defense industry is still witnessing a strong demand from the various military organizations. However, due to the pandemic most of the manufacturing facilities have been shut down and has also resulted in decline of production due to low manpower. This will also lead to delay in military programs.
The key players in the Ballistic Protection market are highly engaged in inorganic and organic strategies so as to strengthen their market position. These key players offer a wide range of products and invest heavily on R&D activity. Some of the company’s profiled in this report include 3m, Point Blank Enterprises, Seyntex, BAE Systems, Rheinmentall AG, Saab AB, MKU Limited, Revision Military, Paul Boye Technologies, and Cooneen Group.
• In March 2017, Revision Military received a contract from the U.S. Army to produce lighter combat helmets for the US Army. This five year Advanced Combat Helmet Generation II contract is worth at around USD 98 million. Under this contract, Revision Military will produce a new helmet that weighs an average of 22% less than the one currently in use with the US Army.
• In May 2019, Gentex Corporation has received a contract from U.S. Special Operations Command (USSOCOM) worth USD 95 million to supply SOCOM with its Ops-Core FAST SF Super High Cut Helmet.
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