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The future of the ballistic protection market in India looks good with opportunities in the defense, commercial, and homeland security market. The major drivers of growth for this market are increasing defense budget in developing countries and increasing terror activities leading to growth in demand for ballistic protection equipment.
 
Emerging trends, which have a direct impact on the dynamics of the industry, include increase in protection level though advancements of armors and increase in usage of lightweight materials. 
 
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of ballistic protection market in India report, download the report brochure. 
 
Ballistic Protection Market in India by Segment:
2014-2025 (US $M) (Randomized Data)
Ballistic Protection Market in India by Segment


Trends and Forecasts for Ballistic Protection Market
in India: 2014-2025 (US $M) (Randomized Data)

Trends and Forecasts for Ballistic Protection Market in India

The study includes a forecast for the ballistic protection market in India by type, subtype (body armor), and end-use as follows: 
 
Ballistic protection market by type (Value ($ million) from 2014 to 2025):
  • Body Armor
  • Vehicle Armor 

Ballistic protection market by Subtype (Body Armor) (Value ($ million) from 2014 to 2025):
  • Soft  body armor
  • Hard body armor
  • Protective headgear

Ballistic protection market by End-Use (Value ($ million) from  2014 to 2025):
  • Defense
  • Homeland Security
  • Commercial
On the basis of its comprehensive research, Lucintel forecasts that body armor segment is expected to show above average growth during the forecast period. 
 
Within the ballistic protection market, defense segment is expected to remain the largest segment. Increasing defense budgets and upgradation of equipment are the major drivers, which would spur growth for this segment over the forecast period. 

Some of the features of “Opportunities for the Ballistic Protection Market in India 2014-2025: Trends, Forecast, and Opportunity Analysis” include:
  • Market size estimates: Ballistic protection market size estimation in terms of value ($B) and volume (Million Tons) shipment.
  • Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by type, subtype (body armor), and end-use.
  • Segmentation analysis: Ballistic protection market size by type (body armor and vehicle armor), subtype body armor (soft body armor, hard body armor, and protective headgear), and end-use (defense, commercial, and homeland security) in terms of value.
  • Growth opportunities: Analysis on growth opportunities in different type, subtype (body armor), and end-use.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers the following 7 key questions:
Q.1 What are some of the potential, high-growth opportunities for ballistic protection market in India by type (body armor and vehicle armor), subtype body armor (soft body armor, hard body armor, and protective headgear), and end-use (defense, commercial, and homeland security)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the key factors affecting market dynamics? What are the drivers and challenges in ballistic protection market? 
Q.4 What are the business risks and threats of this market?
Q.5 What are emerging trends in this market and reasons behind them? 
Q.6 What are some of the changing demands of customers in ballistic protection market?
Q.7 What are the new developments in the market? Which companies are leading these developments?
Table of Contents

1. Executive Summary
 
2. Ballistic Protection Market Dynamics
2.1: Introduction, Background and Classification
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2014 to 2025
3.1: Macroeconomic Trends (2014-2019) and Forecast (2020-2025)
3.2: Trends (2014-2019) and Forecast (2020-2025) for Ballistic Protection Market in India
3.3: Trends (2014-2019) and Forecast (2020-2025) for Ballistic Protection Market in India
        by Type
3.3.1: Vehicle Armor
3.3.2: Body Armor
3.4: Trends (2014-2019) and Forecast (2020-2025) for Ballistic Protection Market in India
        by Subtype (Body Armor)
3.4.1: Soft  body armor
3.4.2: Hard body armor
3.4.3: Protective headgear
3.5: Trends (2014-2019) and Forecast (2020-2025) for Ballistic Protection Market in India
        by Application
3.5.1: Defense
3.5.2: Homeland Security
3.5.3: Civil
 
4. Competitor Analysis
4.1: Product Portfolio Analysis
4.2: Porter’s Five Forces Analysis
 
5. Growth Opportunities (2014-2025) and Strategic Analysis
5.1: Growth Opportunity Analysis
5.1.1: Growth Opportunities (2014-2025) for the Ballistic Protection Market in India
           by Product Type
5.1.2: Growth Opportunities (2014-2025) for the Ballistic Protection Market in India
           by Application
5.1.3: Growth Opportunities (2014-2025) for the Ballistic Protection Market in India
           by Subtype
5.2: Emerging Trends in Ballistic Protection Market

6. Company Profiles of Leading Players
.

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25 figures/charts and 12 tables are provided in this roughly 60-page report.
Lucintel has been in the business of market research and management consulting since 1998 and has published over 600 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
 
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted in the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts in the ballistic protection market in India.
 
Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Primary Interviews by Job Function

Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
 
Lucintel's methodology for market research

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