India Ballistic Protection Market Outlook to 2019 - Rising Defence Expenditure and Emergence of Global Players
The report titled “India Ballistic Protection Market Outlook to 2019 – Rising Defence Expenditure and Emergence of Global Players” 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 and 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.
India personal ballistic protection market comprises of multiple products such as vests, bomb suits, ballistic boots, ballistic blankets and demining suits among others. These products are not very useful when the need is to protect more than just the primary user of these products. The market size in terms of revenues in India was recorded at INR ~ million in FY’2009. It has grown steadily over the period of FY’2009-FY’2014 at a CAGR of ~%, which was registered at INR ~ million in FY’2014. This growth in revenues was led by surge in armed forces in India, which was complemented with growth in defence budget allocation.
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 due to rise in the demand for bullet proof vests by the military personnel and security agents protecting VIPs and the HNWIs of the country. Ballistic boots has contributed the second largest share of ~% in the overall market revenues. These boots are largely used by the military forces. Ballistic helmets, on the other hand have contributed ~% of the overall market consumption value. These helmets are used in complementarily with bullet proof vests, thereby possessed a substantial share.
Major players operating in the industry includes MKU, Shri Lakshmi Defence Limited, Jeet and Jeet Glass, Indian Armour, Star Wire Private Limited, Ashok Leyland Defence Systems, Defence Land Systems India.
India’s personal ballistic protection market showcases promising prospects in the future as the market is estimated to grow at a CAGR of 10.7% over the period of FY’2015-FY’2019. The revenues from India Ballistic Protection market is likely to increase to INR ~ million by FY’2019. This is envisaged with higher government purchases, liberalization in FDI policies for defence sector, emergence of domestic manufacturers as well as growth in army strength in India.
KEY TOPICS COVERED IN THE REPORT
India personal ballistic protection market comprises of multiple products such as vests, bomb suits, ballistic boots, ballistic blankets and demining suits among others. These products are not very useful when the need is to protect more than just the primary user of these products. The market size in terms of revenues in India was recorded at INR ~ million in FY’2009. It has grown steadily over the period of FY’2009-FY’2014 at a CAGR of ~%, which was registered at INR ~ million in FY’2014. This growth in revenues was led by surge in armed forces in India, which was complemented with growth in defence budget allocation.
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 due to rise in the demand for bullet proof vests by the military personnel and security agents protecting VIPs and the HNWIs of the country. Ballistic boots has contributed the second largest share of ~% in the overall market revenues. These boots are largely used by the military forces. Ballistic helmets, on the other hand have contributed ~% of the overall market consumption value. These helmets are used in complementarily with bullet proof vests, thereby possessed a substantial share.
Major players operating in the industry includes MKU, Shri Lakshmi Defence Limited, Jeet and Jeet Glass, Indian Armour, Star Wire Private Limited, Ashok Leyland Defence Systems, Defence Land Systems India.
India’s personal ballistic protection market showcases promising prospects in the future as the market is estimated to grow at a CAGR of 10.7% over the period of FY’2015-FY’2019. The revenues from India Ballistic Protection market is likely to increase to INR ~ million by FY’2019. This is envisaged with higher government purchases, liberalization in FDI policies for defence sector, emergence of domestic manufacturers as well as growth in army strength in India.
KEY TOPICS COVERED IN THE REPORT
- The market size of the Personal ballistic Protection market.
- The market size of the Ballistic Vests market.
- The market size of the ballistic Boots Market.
- The market size of the Ballistic Blankets Market.
- The market size of the Demining Suits Market.
- The market size of the Bomb Suits Market.
- The market size of the ballistic Helmets Market.
- The market size of the Vehicles Ballistic Protection Market.
- Market segmentation of the Personal ballistic Protection market on the basis of imported and domestic procurement.
- Trends and Development in the India Ballistic Protection Industry
- SWOT Analysis of the India Ballistic Protection Industry.
- Government Regulations in the India Ballistic Protection Industry
- Competitive landscape and detailed company profiles of the major manufacturers of Ballistic equipments.
- Future outlook and projections of the India Ballistic Protection Industry
1. INDIA BALLISTIC PROTECTION MARKET INTRODUCTION
1.1. Comparative Analysis with Global Industry
2. INDIA PERSONAL BALLISTIC PROTECTION MARKET INTRODUCTION
2.1. India Personal Ballistic Protection Market Size, FY’2009-FY’2014
2.1.1. By Revenues, FY’2009-FY’2014
2.1.2. By Consumption Volume, FY’2009-FY’2014
2.1.3. Projected Requirement of Personal Ballistic Protection Equipment, FY’2014
3. INDIAN PERSONAL BALLISTIC PROTECTION MARKET SEGMENTATION, FY’2014
3.1. By Products, FY’2014
3.2. By Imports and Domestic Procurement, FY’2014
3.3. India Ballistic Vests/Jackets Market Introduction
3.3.1. India Ballistic Vests/Jackets Market Size, FY’2009-FY’2014
3.3.1.1. By Revenues, FY’2009-FY’2014
3.3.2. By Consumption Volume, FY’2009-FY’2014
3.4. India Ballistic Boots Market Introduction
3.4.1. India Ballistic Boots Market Size, FY’2009-FY’2014
3.4.1.1. By Revenues, FY’2009-FY’2014
3.4.2. By Consumption Volume, FY’2009-FY’2014
3.5. India Ballistic Blankets Market Introduction
3.5.1. India Ballistic Blankets Market Size, FY’2009-FY’2014
3.5.1.1. By Revenues, FY’2009-FY’2014
3.5.2. By Consumption Volume, FY’2009-FY’2014
3.6. India Demining Suits Market Introduction
3.6.1. India Demining Suits Market Size, FY’2009-FY’2014
3.6.1.1. By Revenues, FY’2009-FY’2014
3.6.2. By Consumption Volume, FY’2009-FY’2014
3.7. India Bomb Suits Market Introduction
3.7.1. India Bomb Suits Market Size, FY’2009-FY’2014
3.7.1.1. By Revenues, FY’2009-FY’2014
3.7.2. By Consumption Volume, FY’2009-FY’2014
3.8. India Ballistic Helmets Market Introduction
3.8.1. India Ballistic Helmets Market Size, FY’2009-FY’2014
3.8.1.1. By Revenues, FY’2009-FY’2014
3.8.2. By Consumption Volume, FY’2009-FY’2014
4. INDIA’S VEHICLE BALLISTIC PROTECTION MARKET INTRODUCTION AND MARKET SIZE, FY’2014
5. TRENDS IN INDIA’S BALLISTIC PROTECTION MARKET
Rise in Domestic Production
Increase in Demand from Civilians
Increased Cross-Border Activity
Modernisation of Indian Military Forces
Online Sales of Bullet Proof heads
Keeping Pace with Global Trends
Tender Driven Market
Large Requirement and Supply Gap
6. SWOT ANALYSIS OF INDIA’S BALLISTIC PROTECTION MARKET
6.1. Strengths
Minimal Marketing Expenses
Perpetual Demand
Technological monopoly
6.2. Weaknesses
Low Number of Civilian Users
Stringent Laws in Defence Industry
6.3. Opportunities
Concentrated Market
Modernisation of the Indian Defence Personnel
FDI in Defence Sector
6.4. Threats
Import Substitutions
Growing Dependence on Imports
7. GOVERNMENT POLICIES FOR PERSONAL BALLISTIC PROTECTION ARMOUR
8. COMPETITIVE LANDSCAPE OF MAJOR PLAYERS IN INDIA BALLISTIC PROTECTION MARKET
9. INDIAN PERSONAL BALLISTIC PROTECTION MARKET FUTURE OUTLOOK AND PROJECTIONS, FY’2015-FY’2019
9.1. Impact of Higher Government Purchases
9.2. Impact of Foreign Capital and Technology
9.3. Impact of Domestic Production
10. MACROECONOMIC FACTORS AFFECTING INDIAN BALLISTIC PROTECTION MARKET
10.1. Number of HNWIs in India, 2008-2018
10.2. Indian Military Forces’ Strength, 2008-2018
10.3. Defence Budget in India, FY’2009-FY’2019
10.4. FDI Inflows in Defence Sector of India, FY’2009-FY’2019
11. APPENDIX
11.1. Market Definitions
11.2. Abbreviations
11.3. Research Methodology
Data Collection Methods
Approach
Variables (Dependent and Independent)
Multi Factor Based Sensitivity Model
Final Conclusion
11.4. Disclaimer
1.1. Comparative Analysis with Global Industry
2. INDIA PERSONAL BALLISTIC PROTECTION MARKET INTRODUCTION
2.1. India Personal Ballistic Protection Market Size, FY’2009-FY’2014
2.1.1. By Revenues, FY’2009-FY’2014
2.1.2. By Consumption Volume, FY’2009-FY’2014
2.1.3. Projected Requirement of Personal Ballistic Protection Equipment, FY’2014
3. INDIAN PERSONAL BALLISTIC PROTECTION MARKET SEGMENTATION, FY’2014
3.1. By Products, FY’2014
3.2. By Imports and Domestic Procurement, FY’2014
3.3. India Ballistic Vests/Jackets Market Introduction
3.3.1. India Ballistic Vests/Jackets Market Size, FY’2009-FY’2014
3.3.1.1. By Revenues, FY’2009-FY’2014
3.3.2. By Consumption Volume, FY’2009-FY’2014
3.4. India Ballistic Boots Market Introduction
3.4.1. India Ballistic Boots Market Size, FY’2009-FY’2014
3.4.1.1. By Revenues, FY’2009-FY’2014
3.4.2. By Consumption Volume, FY’2009-FY’2014
3.5. India Ballistic Blankets Market Introduction
3.5.1. India Ballistic Blankets Market Size, FY’2009-FY’2014
3.5.1.1. By Revenues, FY’2009-FY’2014
3.5.2. By Consumption Volume, FY’2009-FY’2014
3.6. India Demining Suits Market Introduction
3.6.1. India Demining Suits Market Size, FY’2009-FY’2014
3.6.1.1. By Revenues, FY’2009-FY’2014
3.6.2. By Consumption Volume, FY’2009-FY’2014
3.7. India Bomb Suits Market Introduction
3.7.1. India Bomb Suits Market Size, FY’2009-FY’2014
3.7.1.1. By Revenues, FY’2009-FY’2014
3.7.2. By Consumption Volume, FY’2009-FY’2014
3.8. India Ballistic Helmets Market Introduction
3.8.1. India Ballistic Helmets Market Size, FY’2009-FY’2014
3.8.1.1. By Revenues, FY’2009-FY’2014
3.8.2. By Consumption Volume, FY’2009-FY’2014
4. INDIA’S VEHICLE BALLISTIC PROTECTION MARKET INTRODUCTION AND MARKET SIZE, FY’2014
5. TRENDS IN INDIA’S BALLISTIC PROTECTION MARKET
Rise in Domestic Production
Increase in Demand from Civilians
Increased Cross-Border Activity
Modernisation of Indian Military Forces
Online Sales of Bullet Proof heads
Keeping Pace with Global Trends
Tender Driven Market
Large Requirement and Supply Gap
6. SWOT ANALYSIS OF INDIA’S BALLISTIC PROTECTION MARKET
6.1. Strengths
Minimal Marketing Expenses
Perpetual Demand
Technological monopoly
6.2. Weaknesses
Low Number of Civilian Users
Stringent Laws in Defence Industry
6.3. Opportunities
Concentrated Market
Modernisation of the Indian Defence Personnel
FDI in Defence Sector
6.4. Threats
Import Substitutions
Growing Dependence on Imports
7. GOVERNMENT POLICIES FOR PERSONAL BALLISTIC PROTECTION ARMOUR
8. COMPETITIVE LANDSCAPE OF MAJOR PLAYERS IN INDIA BALLISTIC PROTECTION MARKET
9. INDIAN PERSONAL BALLISTIC PROTECTION MARKET FUTURE OUTLOOK AND PROJECTIONS, FY’2015-FY’2019
9.1. Impact of Higher Government Purchases
9.2. Impact of Foreign Capital and Technology
9.3. Impact of Domestic Production
10. MACROECONOMIC FACTORS AFFECTING INDIAN BALLISTIC PROTECTION MARKET
10.1. Number of HNWIs in India, 2008-2018
10.2. Indian Military Forces’ Strength, 2008-2018
10.3. Defence Budget in India, FY’2009-FY’2019
10.4. FDI Inflows in Defence Sector of India, FY’2009-FY’2019
11. APPENDIX
11.1. Market Definitions
11.2. Abbreviations
11.3. Research Methodology
Data Collection Methods
Approach
Variables (Dependent and Independent)
Multi Factor Based Sensitivity Model
Final Conclusion
11.4. Disclaimer
LIST OF FIGURES
Figure 1: India Personal Ballistic Protection Market Size on the Basis of Revenues in INR Million, FY’2009-FY’2014
Figure 2: India Personal Ballistic Protection Market Size on the Basis of Consumption Volume in Units, FY’2009-FY’2014
Figure 3: India Personal Ballistic Market Segmentation by Products on the Basis of Revenues in Percentage (%), FY’2014
Figure 4: India Personal Ballistic Protection Market Segmentation on the Basis of Procurement of Demand in Percentage (%), FY’2014
Figure 5: India Ballistic Vests/Jackets Market Size on the Basis of Revenues in INR Million, FY’2009-FY’2014
Figure 6: India Ballistic Vests/Jackets Market Size on the Basis of Consumption in Units, FY’2009-FY’2014
Figure 7: India Ballistic Boots Market Size on the Basis of Revenues in INR Million, FY’2009-FY’2014
Figure 8: India Ballistic Boots Market Size on the Basis of Consumption in Units, FY’2009-FY’2014
Figure 9: India Ballistic Blankets Market Size on the Basis of Revenues in INR Million, FY’2009-FY’2014
Figure 10: India Ballistic Blankets Market Size on the Basis of Consumption Volume in Units, FY’2009-FY’2014
Figure 11: India Demining Suits Market Size on the Basis of Revenues in INR Million, FY’2009-FY’2014
Figure 12: India Demining Suits Market Size on the Basis of Consumption Volume in Units, FY’2009-FY’2014
Figure 13: India Bomb Suits Market Size on the Basis of Revenues in INR Million, FY’2009-FY’2014
Figure 14: India Bomb Suits Market Size on the Basis of Consumption Volume in Units, FY’2009-FY’2014
Figure 15: India Ballistic Helmets Market Size on the Basis of Revenues in INR Million, FY’2009-FY’2014
Figure 16: India Ballistic Helmets Market Size on the Basis of Consumption Volume in Units, FY’2009-FY’2014
Figure 17: Number of HNWIs in India in Thousands, 2008-2018
Figure 18: Indian Armed Forces' Strength in Thousands, 2008-2018
Figure 19: Indian Defence Budget in INR Billion FY'2009-FY'2019
Figure 20: Cumulative FDI in Indian Defence Sector since April 2000 in INR Million, FY’2009-FY’2019
Figure 1: India Personal Ballistic Protection Market Size on the Basis of Revenues in INR Million, FY’2009-FY’2014
Figure 2: India Personal Ballistic Protection Market Size on the Basis of Consumption Volume in Units, FY’2009-FY’2014
Figure 3: India Personal Ballistic Market Segmentation by Products on the Basis of Revenues in Percentage (%), FY’2014
Figure 4: India Personal Ballistic Protection Market Segmentation on the Basis of Procurement of Demand in Percentage (%), FY’2014
Figure 5: India Ballistic Vests/Jackets Market Size on the Basis of Revenues in INR Million, FY’2009-FY’2014
Figure 6: India Ballistic Vests/Jackets Market Size on the Basis of Consumption in Units, FY’2009-FY’2014
Figure 7: India Ballistic Boots Market Size on the Basis of Revenues in INR Million, FY’2009-FY’2014
Figure 8: India Ballistic Boots Market Size on the Basis of Consumption in Units, FY’2009-FY’2014
Figure 9: India Ballistic Blankets Market Size on the Basis of Revenues in INR Million, FY’2009-FY’2014
Figure 10: India Ballistic Blankets Market Size on the Basis of Consumption Volume in Units, FY’2009-FY’2014
Figure 11: India Demining Suits Market Size on the Basis of Revenues in INR Million, FY’2009-FY’2014
Figure 12: India Demining Suits Market Size on the Basis of Consumption Volume in Units, FY’2009-FY’2014
Figure 13: India Bomb Suits Market Size on the Basis of Revenues in INR Million, FY’2009-FY’2014
Figure 14: India Bomb Suits Market Size on the Basis of Consumption Volume in Units, FY’2009-FY’2014
Figure 15: India Ballistic Helmets Market Size on the Basis of Revenues in INR Million, FY’2009-FY’2014
Figure 16: India Ballistic Helmets Market Size on the Basis of Consumption Volume in Units, FY’2009-FY’2014
Figure 17: Number of HNWIs in India in Thousands, 2008-2018
Figure 18: Indian Armed Forces' Strength in Thousands, 2008-2018
Figure 19: Indian Defence Budget in INR Billion FY'2009-FY'2019
Figure 20: Cumulative FDI in Indian Defence Sector since April 2000 in INR Million, FY’2009-FY’2019
LIST OF TABLES
Table 1: Requirement and Procurement Gap in India’s Ballistic Protection Market, FY'2014
Table 2: India Personal Ballistic Market Segmentation by Products on the Basis of Revenues in INR Million, FY’2014
Table 3: India Personal Ballistic Protection Market Segmentation on the Basis of Procurement of Demand in Units, FY’2014
Table 4: India Armoured Fighting Vehicle and Civilian Vehicles Market Size, FY’2014
Table 5: Competitive Landscape of Major Players (MKU, Shri Lakshmi Defence Limited, Jeet and Jeet Glass, Indian Armour, Star Wire Private Limited, Ashok Leyland Defence Systems, Defence Land Systems India) in India’s Ballistic Protection Market
Table 6: India Personal Ballistic Protection Market Size on the Basis of Revenues in INR Million, FY'2015-FY'2019
Table 7: Correlation Coefficients Output for Indian Personal ballistic Protection Market
Table 8: Regression Coefficients Output for Indian Personal Ballistic Protection Market Consumption Value
Table 1: Requirement and Procurement Gap in India’s Ballistic Protection Market, FY'2014
Table 2: India Personal Ballistic Market Segmentation by Products on the Basis of Revenues in INR Million, FY’2014
Table 3: India Personal Ballistic Protection Market Segmentation on the Basis of Procurement of Demand in Units, FY’2014
Table 4: India Armoured Fighting Vehicle and Civilian Vehicles Market Size, FY’2014
Table 5: Competitive Landscape of Major Players (MKU, Shri Lakshmi Defence Limited, Jeet and Jeet Glass, Indian Armour, Star Wire Private Limited, Ashok Leyland Defence Systems, Defence Land Systems India) in India’s Ballistic Protection Market
Table 6: India Personal Ballistic Protection Market Size on the Basis of Revenues in INR Million, FY'2015-FY'2019
Table 7: Correlation Coefficients Output for Indian Personal ballistic Protection Market
Table 8: Regression Coefficients Output for Indian Personal Ballistic Protection Market Consumption Value
