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(Transportation-News.com, December 28, 2018 )
Stratview Research announces the launch of a new research report on Ballistic Protection Market. This 206 page extensive report from Stratview Research, studies the Ballistic Protection Market over the trend period of 2011 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.
Click here to read the detailed description: https://www.stratviewresearch.com/176/ballistic-protection-market.html
This Ballistic Protection Market analysis has been segmented in four ways, keeping in mind the interest of all the stakeholders across the value chain.
● by Product Type (Personal Protective Equipment, and Vehicle Armor)
● by Material Type (Aramid Fiber, Glass Fiber, and Others) – Aramid fiber is expected to remain the largest material type segment.
● by Application Type (Defense, Homeland Security, and Fabrics)
● and by Region (North America, Europe, Asia-Pacific, and RoW) – North America to remain the largest market.
Go through the detailed TOC: https://www.stratviewresearch.com/toc/176/ballistic-protection-market.html
The Ballistic Protection Market Insights
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.
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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.
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.
The supply chain of this market comprises of raw material suppliers, fiber glass manufacturers, fabric manufacturers, ballistic protection equipment manufacturers, distributors, and governments. 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.
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
Ritesh Gandecha
+1-313-307-4176
sales@stratviewresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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