Next Generation Ballistic Protection Armor Market : Rising Allocations On analysis And Innovation
The next generation ballistic protection armor market is one of the major markets globally with a huge growth potential. Increasing terrorism attacks and growing violence globally are some of the major factor boosting the demand of next generation ballistic protection armor market in the coming years.
Based on type, the next generation ballistic protection armor market is segmented into personal protective equipment (PPE) and vehicle armor. Among various types, in 2016, the personal protective equipment (PPE) segment dominated the next generation ballistic protection armor market and expected to be the same during the forecast period of 2017 – 2025. Personal protective equipment (PPE) is further be segmented into protective headgear, hard armor and soft armor. Soft body armor is mainly used for regular bullet where as hard armor, which is rigid body armor, is used in high risk situations by combat soldiers and police tactical units. Vehicle armor states to the armor plating mainly used in military vehicles to survive the impact of bullets, shrapnel and missiles protecting the person inside from the enemy attack.
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Based on material types, the next generation ballistic protection armor market is segmented into fiber, glass, kevlar, lexan and others. Among various end user, in 2016, the kevlar segment dominated the next generation ballistic protection armor market followed by fiber and expected to be the same during the forecast period of 2017 – 2025. Technological advancement to improve the survivability of soldier is one of the key factor fueling the demand of kevlar segment in next generation ballistic protection armor market during the forecast period.
Based on application, the next generation ballistic protection armor market is segmented into defense, commercial and homeland security. Among various end user, in 2016, the defense segment dominated the next generation ballistic protection armor market followed by commercial and expected to be the same during the forecast period of 2017 – 2025. External and internal security threats and commercial security awareness are some of the key factor fueling the market for the next generation ballistic protection armor.
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The Asia-Pacific region is anticipated to be the key growth area for next generation ballistic protection armor in the coming years. India, China, Japan, Thailand, Malaysia, South Korea and Singapore all have next generation ballistic protection armor replacements in the coming years.