Ballistic Protective Equipment Market To Reach $6.70 Billion By 2030

Ballistic Protective Equipment Market Growth & Trends

The global ballistic protective equipment market size is anticipated to reach USD 6.70 billion by 2030, registering at a CAGR of 5.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing tensions between nations and across borders have heightened the demand for ballistic protection products like headgear, bulletproof vests, shields, armored car, eyewear, and missiles among different end-users.

Technological proliferation is pivotal in the industry, and the market is witnessing a high demand for innovative gears such as DEFCON, liquid body armor, and dragon skin. Furthermore, the escalating need for ensuring the safety of soldiers and military personnel is leading to a large-scale procurement of armor wear by government agencies.

A rise in military conflict is increasing the need for protective gear for safeguarding the armed forces mainly in the emerging economies such as China and India. These military super powers are continuously focusing on the replacement of the legacy military product and also consequently rising their spending in the defense sector. Such modernization activities are creating tremendous opportunities for expansion of ballistic protective equipment market.

Ultra-high molecular weight polyethylene (UHMWPE) products are anticipated to witness the fastest growth over the forecast period at a CAGR of 4.6% over the next nine years. Several government initiatives are encouraging the usage of such lightweight and durable materials for developing ballistic suits, which are anticipated to increase the UHMWPE material demand over the forecast period.

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Ballistic Protective Equipment Market Report Highlights

• Head protection gear is anticipated to emerge as the fastest growing end-use and is expected to reach USD 1,449 million by 2030

• The aramid fiber segment led the market and accounted for more than 33% of the total revenue in 2023

• The ultra-high molecular weight polyethylene (UHMWPE) is anticipated to emerge as the fastest-growing material segment

• North America emerged as the leading regional segment and accounted for 38.6% of the total revenue share in 2023

Ballistic Protective Equipment Market Segmentation

Grand View Research has segmented the global ballistic protective equipment market report based on raw material, product, end-use, and region:

Ballistic Protective Equipment Raw Material Outlook (Revenue, USD Million, 2018 - 2030)

• Aramid

• Composites

• UHMWPE

• Steel

• Others

Ballistic Protective Equipment Product Outlook (Revenue, USD Million, 2018 - 2030)

• Head Protection

• Soft Armor

• Hard Armor

Ballistic Protective Equipment End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Defense

• Law Enforcement & Security

• Commercial

Ballistic Protective Equipment Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • France

  • Germany

  • Italy

  • Russia

  • Spain

  • UK

• Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

• Central & South America

  • Brazil

  • Argentina

• Middle East & Africa

  • Saudi Arabia

  • UAE

  • Israel

List of Key Players of Ballistic Protective Equipment Market

• Seyntex N.V.

• BAE Systems, Plc

• Rheinmetall AG

• Honeywell International, Inc.

• Point Blank Enterprise, Inc.

• Morgan Advanced Materials

• ArmorSource LLC

• Craig International Ballistics

• Survitec Group Ltd

• Safe Life Defense

• Tactical Assault Gear (TAG)

• Hellweg International Pty. Ltd

• MKU Limited

• Mehler Vario System