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India Ballistic Protection Market Outlook To 2021: Ken Research


Ballistic protection market comprises of defence equipments which are used by people to protect themselves against the projectiles that may be launched from a firearm or an explosive device. – PowerPoint PPT presentation

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Title: India Ballistic Protection Market Outlook To 2021: Ken Research

India Ballistic Protection Market Outlook To
2021 Ken Research
  • How Is the India Ballistic Protection Market
  • Ballistic protection market comprises of defence
    equipments which are used by people to protect
    themselves against the projectiles that may be
    launched from a firearm or an explosive device.
    The most commonly used forms of ballistic
    protection are bullet proof vest and bullet proof
    vehicles. Bullet proof vests can be made strong
    enough to withstand attacks from handguns,
    sub-machine guns as well as modern assault
    rifles. 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.

  • As the casualties and fatalities from stray
    explosives and firings rise in these regions, the
    need for protective armor by the general public
    has been growing.
  • Moreover, there is a constant demand from the
    armed forces in India, since the countrys
    borders are shared with China and Pakistan. The
    market for personal protective garments in India
    has flourished in the past five years, owing to
    the extension in demand. This was supported with
    a surge in supply, owing to the presence of
    global as well as domestic players in the market.
  • India personal ballistic protection market size
    in terms of revenues in India was recorded at INR
    million in FY2011. The revenues have increased
    to INR million in FY2016, at a CAGR of
    during the period. In terms of volume the market
    has been evaluated at in FY2016.
  • The market is expected to grow in the future as
    the demand for these products is set to increase
    under a host of new measures that have been taken
    under the new administration in India.

  • How Each Segment Contributes in Overall Ballistic
    Protection Market?
  • The personal protective equipments are available
    in the form of vests, jackets, helmets, boots,
    shoes and shoulder pads among others.
  • In FY2016, the largest share in the personal
    ballistic protection market in India was
    countered by bullet proof vests which accounted
    for of the overall market revenues.
  • Ballistic boots has contributed the second
    largest share of in the overall market
  • ballistic blankets, though being used in very
    small quantities and by a handful of users, has
    dominated as the fourth largest segment, with a
    share of during FY2016. Bomb Squad Outfits
    have gathered a revenue share of in the
    ballistic protection market during FY2016.
  • These suits have multiple layers of clothing and
    protection as the users have to try and defuse an
    explosive device from close range. Demining suits
    has accounted for revenues share during
  • India Personal Ballistic Protection market has
    been segmented on the basis of procurement of
    demand from domestic and imported. In the recent
    years, the domestic industry has showcased a
    growth momentum.

  • With several small time players entering into the
    industry, and Faridabad area in Haryana becoming
    the manufacturing hub for such products, the
    domestic procurement can be expected to
    contribute a larger share to the market. This is
    likely to enhance the share of domestically
    manufactured products by a substantial amount as
    compared to the level during FY2016.
  • Which Segments have Driven the size of The India
    Ballistic Protection Market industry?
  • India Ballistic Vests/Jackets MarketThe market
    for bulletproof vests in largely export oriented
    as of FY2016. Exports accounted for a share of
    in the volume sales of ballistic vests/jackets
    market in India during FY2016.
  • India Ballistic Vests/Jackets Market has grown at
    a steady CAGR of in terms of sales volume
    during the period FY2011-FY2016. Over the
    period FY2012-FY2016 the market for bulletproof
    vests has generated significant demand from
    different units of the Indian Army as well as
    police forces of J K, Assam, Manipur Nagaland
    and several other Indian states. In the year
    FY2016, the total market value of the bullet
    proof vests had reached a total of INR million.

  • India Ballistic Boots Market
  • Ballistic boots have been produced with the major
    focus towards preventing damage from bullets and
    other shrapnel to the legs and feet of users.
    Generally, the use of such boots is not very
    common due to the unlikelihood of a user getting
    assaulted with the focus at the feet.
  • These boots are generally made with the help of
    aromatic polyamide fabrics such as Kevlar and
  • These fabrics are added in multiple layers to the
    basic design of a boot which will help increase
    the strength of boots and protect against the
    damage from a bullet. These boots are treated
    with chemicals to make them impervious to water
    which is instrumental in their use in higher
    altitudes by the armed forces.
  • The companies indulged into the manufacturing of
    Ballistic Boots are namely MKU, Star Wire, India
    Armor Systems and several others. These companies
    account for a substantial proportion in the
    overall market, while the rest is captured by
    global players. The future of this industry is
    highly dependent upon the military strength,
    since the growth in military is likely to propel
    the demand for ballistic boots as well.

  • India Ballistic Blankets Market
  • Similar to ballistic vests and helmets, the
    market for ballistic blanket in India has been
    dominated by exports during FY2016. Exports have
    captured a share of in the total sales of
    ballistic blanket market during FY2016.
  • India Demining Suits Market
  • Demining Suits in India are primarily used by the
    armed forces that are tasked with the detection
    and disposing of mines.
  • The suits are sometimes considered equivalent to
    bomb suits but the specifications and the
    functions of the suits are much different.
  • Globally, the world is moving towards banning
    landmines as they harm the civilians of a nation
    long after the war is over during which the
    landmines were planted by the invading country.
    Moves by different countries on this agenda have
    helped reduce the fatalities resulting from
    landmine explosions.
  • Furthermore, modern-age equipment such as
    demining robots have been developed that help
    reduce the number of injuries and drastically
    reduce the risk to human lives due to landmines

  • Due to this the revenue of demining suits have
    declined from INR million in FY2011 to INR
    million in FY2016. In terms of volume, units
    of demining suits have been sold in India during
  • Although, the sales volume of demining suits is
    relatively lower in India, but they are
    nevertheless important for the defence sector of
    the country. A demining suit weighs around kg
    and provides different level of protection to
    different parts of the body.
  • India Bomb Suits Market
  • A bomb suit, which is also known as explosive
    ordinance disposal suit, has its end users in
    defence personnel. These suits are largely used
    by the bomb diffusers or by the people who
    attempts to dispose a bomb.
  • The bomb suits are generally made with high
    strength aromatic polyamide polymer fabrics such
    as Kevlar. The suits have extra padding in their
    built to protect against the massive impact of
  • The market size for Bomb Suits in India has
    consistently grown during the period
    FY2011-FY2015, before witnessing a considerable
    dip in FY2016.

  • The demand for bomb suits from civil population
    is almost negligible, since a large proportion of
    demand is emerged through bomb squads and the
    military forces that indulge in the diffusion of
    explosive devices.
  • The revenues of Bomb suits market in India were
    posted at INR million during FY2011, which
    reduced to INR million in FY2016. In terms of
    sales, number of bomb suits was consumed in
  • The revenues of the bomb squad outfit market
    declined by a significant rate of in FY2016.
    This decline has been attributed to lack of bomb
    threats and explosions in the country over the
    past few years.
  • India Ballistic Helmet MarketIndia ballistic
    helmet market is highly export driven with export
    accounting for share in the total sales during
    FY2016. Indian ballistic helmet vendors export
    to forces in over countries. British, German,
    Spanish and French armies and police forces from
    Japan to the US are some of the clients
    manufacturers of ballistic helmets in India are
    catering to as of FY2016.

  • The market of ballistic helmets in India has been
    constantly growing year on year. In FY2011, the
    market was valued at INR million which has
    enhanced to INR million in FY2016 at a CAGR of
    . The market was buoyed by high demand for
    ballistic protection products from the Indian
    government for its military forces. This has been
    attributed as the leading factor behind the surge
    in revenues over the years FY2011-FY2016.
  • India Armored Vehicle MarketVehicle Protection
    is considered as the armoring of vehicles, which
    makes the vehicle impervious to bullets fired
    towards them. The users are safer inside an
    armored vehicle than wearing just a bulletproof
    vest and other clothing.
  • The armored vehicles are used for a number of
    purposes and are primarily divided into two broad
    categories armored fighting vehicles and
    armored civilian vehicles.
  • The armored fighting vehicles are used by the
    military forces of a nation. These vehicles do
    not include armored tanks but generic armored
    fighting vehicles such as the C8 fighting vehicle
    developed by Concord Safety Solutions.

The market for armored fighting vehicles has been
registered at units. The average price for an
armored military vehicle is INR lakh as of
FY2016. On the other hand, civilian vehicles
have been upgraded into armor protected vehicles
during FY2016. Average cost of modifying a
civilian vehicle into armor protected vehicle is
INR lakh as of FY2016. India Bulletproof
Glass Market Bulletproof Glass market has grown
at a gradual pace over the period
FY2011-FY2016. Bulletproof glass is primarily
used in armored vehicles in order to protect
HNWIs and military personnel. Furthermore,
bullet-proof glass is also used to protect
employees and objects of great value in banks,
government buildings, convenience stores, liquor
stores, jeweler stores, post offices, churches
and schools. Bullet-proof glass used in India is
majorly of two types, laminated glass and
polycarbonate thermoplastic. The laminated glass
is a heavy and thick type of glass which usually
4 inches thick, but can be made up to 8 inches
thick. On the other hand, the polycarbonate
thermoplastic is layered between sheets of glass
so that the force from bullets or an object will
Average price of bulletproof glass in India is
INR per square feet as of FY2016. Inclining
sales of armored vehicles and growing military
strength of the country have earmarked the sales
volume for bulletproof at square feet in
FY2016. The market has also been supported by
growing number of banks and HNWIs in the country
over the period FY2011-FY2016. Supported by
this, the revenues for the market have been
registered at INR million in FY2016 How The
Competition Is Structured in India Ballistic
Protection market? The market for ballistic
equipments in India has several players which
have established themselves into the Indian
geography. Some of the major players operating in
this industry are namely Star Wire, MKU, India
Armor Systems, Tata Advanced Materials, Sri
Lakshmi Defence and others. MKU, Tata Advanced
Materials and Indian Armor are the leading
players in the industry as of FY2016. MKU has
one of the largest production capacities in the
ballistic protection market of the country. As of
FY2016, MKU can produce ballistic helmets,
ballistic jackets, amour inserts and amour
kits per year. On the other hand, TATA Advanced
Materials posted revenue of INR crores in
FY2015 which amplified from INR crores in
What are the Future Prospectes for India
Ballistic Protection market? Indias personal
ballistic protection market showcases promising
prospects in the future as the market is
estimated to grow at a CAGR of over the period
of FY2017-FY2021 in terms of sales volume in
units. Indian army has a requirement for
ballistic jackets. The government has sanctioned
the order of to provide bulletproof jackets by
the end of 2017. More jackets will be supplied
over the course of 2018-2020. This has been
projected to provide a considerable boost over
the period FY2016-2021. Tension between India
and Pakistan is also increasing which will
further raise the demand for other ballistic
protection equipments such as ballistic helmets,
boots, blankets and others over the period
FY2017-FY2018. The market is expected to reach
units in FY2021. Further support to the market
will be provided by fresh FDI inflows into the
market and the growing demand of the ballistic
protection products from the Indian government.
  • Companies Cited in the Report
  • List of Companies
    Companies Covered in the Report

  • Major Players
  • MKU
  • Indian Armour
  • TATA Advanced Materials
  • Starwire
  • Shri Lakshmi Defence Ltd
  • Jeet and Jeet Glass and Chemicals
  • Key Factors Considered in the Report
  • Comprehensive analysis of the India ballistic
    Protection market and its segments
  • Listed major players and their competitive
  • Identified major industry developments in last
    few years and assessed the future growth of the
  • Future Outlook and Projections

For more information about the publication, refer
to below link https//
rket/54087-16.html Related Reports https//www.k
html Contact Us Ken ResearchAnkur Gupta, Head
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