India Ballistic Helmets Market Consumption and Production Report 2019 - Ken Research

PITAMPURA, India - Feb. 23, 2015 - PRLog -- ·         Future Growth of India Ballistic Products is expected to be led by Personal Protective Equipments.

·         The market leader, MKU is expected to maintain focus on Emerging Markets and towards strengthening of innovative products to compete with other players in the industry

Ken Research announced its latest publication on “India Ballistic Protection Market Outlook to 2019 - Rising Defence Expenditure and Emergence of Global Players (https://www.kenresearch.com/chemicals-materials/polymers/india-ballistic-protection-market-research-report/621-101.html)” which provides a comprehensive analysis of the personal protective equipments as well as armored vehicles in India. The report covers various aspects such as market size of India personal Protective Equipments, segmentation on the basis of Ballistic vests, Ballistic helmets, Ballistic Bomb Suits, demining suits, Ballistic helmets and Ballistic blankets. The report also provides the snapshot on ballistic armored vehicle market. The report also highlights the major trends and developments of all the segments in India Ballistic Protection Industry over the years. Future analysis of the industry along with its various market segments is provided on the basis of revenues over the next five years.

The need for ballistic protection has been growing in India with the rise in threat of domestic and cross-border terrorism. Apart from terrorism, local extremist outfits such as Indian Mujahideen, Bodo militants, Maoist-Naxalite insurgency in several of its states has led to the deployment of military and paramilitary forces in these regions. The personal protective equipments are available in the form of vests, jackets, helmets, boots, shoes and shoulder pads among others. There are specialized suits available for the buyers of such products such as demining suits and bomb suits which have been designed specifically to protect against certain types of explosions. In FY’2014, the largest share in the personal ballistic protection market in India was captured by bullet proof vests which accounted for ~% of the overall market revenues. This considerable share has been witnessed owing to the fact that vests are the most commonly used form of protection gear.

According to the research report, the India Ballistic Protection Industry will grow at a considerable CAGR rate thus exceeding USD ~ billion by 2019 due to the rising defence expenditure and emergence of global players.

“Personal ballistic protection equipment manufacturers are slowly getting more domestic orders. This has been instrumental in reducing the share of imports in the market. Moreover, they are adding to the domestic capacity to their units in India. This depicts that the Indian manufacturers are coming of age and can supply to the Indian military as well. In the future, a larger share of the total market is expected to be procured domestically and India is expected to export larger amounts of personal ballistic products to the rest of the world, according to the Research Analyst, Ken Research.

Key Topics Covered in the Report:

Ballistic Protection Market

Personal Ballistic Protection Market

-          Market Size by Consumption, Revenue

-          Market Segmentation by

o   Products

o   Imports and Domestic Procurement

-          Vehicle Ballistic Protection Market

-          Trends and Development

-          SWOT

-          Government Policies

-          Competitive Landscape

-          Future Outlook

-          Macro Economic Parameters

Key Products Mentioned in the Report

-          Ballistic Vests/Jackets

-          Ballistic Boots

-          Ballistic Blankets

-          Demining Suits

-          Bomb Suits

-          Ballistic Helmets

Companies Covered in the Report

-          MKU

-          Shri Lakshmi Defence Limited

-          Jeet and Jeet Glass

-          Indian Armour

-          Star Wire Private Limited

-          Ashok Leyland Defence Systems

-          Defence Land Systems India

Source: https://www.kenresearch.com/chemicals-materials/polymers/india-ballistic-protection-market-research-report/621-101.html