Rising Defence Expenditure and Growing Exports to Shape the Future for Bulletproof vest manufacturers in India: Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Growth of ballistic protection market is anticipated to be led by growing military strength of the country, expanding defence budgets and inclining global demand for domestically manufactured bulletproof vests and other ballistic equipments. Bulletproof Vests/Jackets had dominated the market in the country over the years in terms of both value and volume. The leading players in ballistic protection industry are MKU, Indian Armor, TATA Advanced Materials, Starwire and Shri Lakshmi Defence Ltd. Ken Research announced its latest publication on “India Ballistic Protection Market Outlook to 2021 – Rising Defence Expenditure and Growing Exports to Shape the Future” The report covers various aspects such as overall size of the ballistic protection market in terms of value and volume, segmentation on the basis of types of products, domestic sales and exports and others. The report also covers future outlook and projections of the industry. Additionally, the report offers prevalent trends, developments and challenges in industry and SWOT analysis of the current market. The report also covers the competitive landscape of the industry and comprehensive profile of leading players operating in the market. The report also serves as a benchmark for existing players and every new player who wish to capitalize the market potential and investors who are looking forward to venture into the ballistic protection market in India. Personal ballistic protection equipment includes reinforced clothing for a user to wear and protect him from bullets or other shrapnel that may cause harm to the individual. The most commonly used personal ballistic equipment is bullet proof vest/ jacket. They are primarily used to protect the major part of the torso of the wearer, since it is the region of the body that offers the maximum target area for an assailant. Ballistic boots and shoes are also extensively used as they protect the feet from injuries and also help to maintain the temperature of the feet which is critical in high altitudes for the wearer. Bomb suits or demining suits, on the other hand are used by special cells of the armed forces or police forces. The market for these products is relatively smaller, since these equipments are used for special purposes. The current tender process to procure such equipments in India is very complex and long. Since individual states manage their own defence decisions and the state government rarely mentions their requirement until they finally come out with a tender, the tender process takes a long process and breaks to complete the final procurement and fund disbursal. Hence many domestic companies focus on exporting the products to other countries. In FY’2016, the largest share in the personal ballistic protection market in India was countered by bullet proof vests. This considerable share has been witnessed owing to the fact that vests are the most commonly used form of protection gear. The risk of personal safety for VIPs and HNWIs has also led to a rise in the demand for these products, primarily bullet proof vests, which has been instrumental in helping this increase in demand. “Increasing demand of ballistic protection in the country had increased its production in the country. The leading and the emerging companies should focus on the international market as huge demand for Indian ballistic products, especially vests is arising from foreign military and police forces. Large number of Indian companies are already supplying to significant number of clients all over the world. Entities such as British Armed Forces, US Department of Defense, United States Agency for International Development (USAID), United Nations Development Program (UNDP), Ghana Armed Force, Royal Thai Army and Royal Thai Navy, Japan Maritime self-defense forces and Nepalese army buy bulletproof jackets/vests in large quantities from Indian manufacturers.” according to the Research Analyst, Ken Research. Key Topics Covered in the Report: India Ballistic Protection Market Introduction and Size by value and volume India Ballistic Protection Market Segmentation (By types of products and import and domestic production) India Ballistic Vest/Jacket Protection Market size by value and volume India Ballistic Vest/Jacket Protection Market Segmentation (By domestic sales and exports) India Ballistic Boots Market size by value and volume India Ballistic Blankets Market size by value and volume India Ballistic Blankets Market Segmentation (By domestic sales and exports) India Demining Suits Market size by value and volume India Bomb Suits Market size by value and volume India Ballistic Helmet Market size by value and volume India Ballistic Helmet Market Segmentation (By domestic sales and exports) Company Profile of Leading Players in India Ballistic Protection Market SWOT analysis of India Ballistic Protection Market India Ballistic Protection Market Future Outlook and Projections Key Product Mentioned in the Report Bulletproof Vest/Jackets Ballistic Helmets Ballistic Boots Demining Suits Bomb Suits Ballistic/Bomb Blankets Bulletproof Glass Armored Vehicles Companies Covered in the Report MKU Indian Armor TATA Advanced Material Starwire Shri Lakshmi Defence Ltd For more information about the publication, refer to below link: https://www.kenresearch.com/defense-and-security/weapon/india-ballistic-protection-market/54087-16.html Related Reports: https://www.kenresearch.com/defense-and-security/security-devices/india-electronic-security-market-2020/30045-16.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: India Ballistic Blankets Market, India Ballistic Blankets Market size, India Ballistic Helmet Market, India Ballistic Helmet Market Size, India Ballistic Protection Market, India Bulletproof Glass Market Size, India Demining Suits Market size, India’s Vehicle Ballistic Protection Market, Players in India Ballistic Protection Market