Global Ballistic Protection Equipment Demand Gains Momentum, Analysed by SDI in Its In-demand Report Available at MarketPublishers.com
11 May 2016 • by Natalie Aster
LONDON – Today’s warfare has become increasingly unsymmetrical in nature, and comprises guerrilla conflicts, counterinsurgency, and anti-terror operations, among others. Similar scenarios are observed in the law enforcement field wherein criminals are currently more equipped to mortally injure responding officers, thus calling for investments in ballistic protection equipment. The main factors determining suppliers’ market penetration include performance enhancements in the areas such as wearability.
Fast-paced development in materials utilised for ballistic protection have resulted in subtle reductions of costs for certain variants, which makes it possible for militaries of developing countries and also paramilitary units and police forces to initiate organisation-wide deployment.
Strong government rules and regulations that force the use of protective clothing have boosted demand. In a like manner, the factor that is also expected to impact the sales of ballistic protection equipment is the growing trend of supplying body armour comprising headgear to first responders such as firefighters and paramedics.
In the mature markets of the USA and Europe, national security departments are including military surplus vehicles in their squads with a view to tackling the surging terrorism threat and the availability of advanced weapons in retail stores, which is resulting in high-risk situations dealing with armed criminals.
Topical report “The Ballistic Protection Market - Key Drivers, Trends and New Developments” elaborated by Strategic Defence Intelligence (SDI) provides reliable insights into, and an evaluation of the industry. The study explores the development of the ballistic protection sector reviewing the modernisation pattern that has impacted the global product development with respect to meeting customers’ needs. It details the factors pushing the demand and uptake of ballistic protection equipment in the two segments – national security and military users. The report casts light on the versatile technological advancements and innovations witnessed in the domain and also limelights how suppliers have utilised these advances. It gives a review of the ballistic protection requirements across the top 5 nations in the sector as well as the latest procurements executed by these nations. The report canvasses the competitive scene, and offers detailed profiles of the 5 leading firms in the global marketplace including information with respect to top products, strategic incentives, key alliances, and financials.
More reports by the publisher can be found at SDI page.