New Research: Lucintel Predicts a Bright Future for the Ballistic Protection Market

Did you know that Lucintel recently published a ballistic protection market research report entitled “Growth Opportunities in the Global Ballistic Protection Market”?
This market report for ballistic protection identifies and predicts future opportunities for growth in global ballistic protection industry for various segments as well as for various regions such as North America, Europe, Asia-Pacific, and the Rest of the World. It also identifies growth opportunities for ballistic protection in defence, commercial, and homeland security market.
North America is expected to remain the largest region during the forecast period due to the highest procurement of military vehicles and body armors in this region.
According to Lucintel’s market report, the global ballistic protection market is expected to reach an estimated $9.0 billion by 2022 and is forecast to grow at a CAGR of 3.5% from 2017 to 2022. The major drivers of growth for the global ballistic protection market are increasing defense budget in developing countries and increasing terror activities leading to growth in demand for ballistic protection equipment. Some of the dominant players in the global flat glass market are BAE Systems PLC, Point Blank Enterprises, Rheinmetall AG, Royal TenCate, and Ceradyne, Inc.
On the basis of its comprehensive research, Lucintel forecasts that the body armor segment is expected to show above average growth during the forecast period.
There are some interesting developments in global flat glass market as competition heats up and players try to increase their market share. Some of the emerging trends shaping the market dynamics include increasing usage of advanced nanotechnology in flat glass, solar control glazing for automotive and building glass, development of lightweight glazing glass, and increasing use of hybrid guide plates.
Read more about this report at

http://www.lucintel.com/ballistic_protection_market_2017_2022.aspx

Feel free to download research content by clicking:

http://www.lucintel.com/rb/ballistic_protection_market_2017_2022.aspx

You can also get sample pages by clicking:

http://www.lucintel.com/ds/ballistic_protection_market_2017_2022.aspx

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