GLOBAL BALLISTIC PROTECTION MARKET
- Potentially low cost “Smart Clothing” using 3-D printing technology to render military with wearable computer.
- AVON Rubber to supply body armour worth up to $333 Million to US Defense Logistics Agency.
- An Indian firm MKU, which supplies equipment to UN and NATO, to deliver 159 thousand indigenous helmets to Indian military.
- Scientists are working on advance composites to make lighter and stronger body armour.
- India to procure more than 185 thousand ballistic protection equipment in the next 3-4 years.
- $16 Billion deal between Russia and India includes Hi-Tech civilian protection equipment among other things.
Sensitive political and social issues are creating internal as well as external tensions across the world. Governments of such countries are increasing their defense budget to equip their military and citizens with advance ballistic protection.
Research and experiments are being done with advanced composites, to improve vehicle and body armour, providing lighter and more effective protection from varieties of threats.
GLOBAL BALLISTIC PROTECTION MARKET SEGMENTATION
BY AREA OF APPLICATION
Humans need armour to protect themselves from injury in different dangerous situations. Varieties of ballistic products depending on the threat level is being used since long-time now. Few examples of ballistic products used in military and homeland security are mentioned below.
|Protective vest and jacket||Bulletproof vest|
|Ballistic plate panel|
|Vehicle armours with ballistic plates and panels.|
- Quality and grade of ballistic products used in military is better as compared to homeland security.
BY TEXTILE USED IN MAKING OF PRODUCTS
In terms of textiles, ballistic protection can be divided into two categories: soft and hard.
Soft Armour: – In this type of equipment, ballistic protection is provided by the soft, flexible textile. They are comfortable and easy to carry around. It can protect us from many types of pistol calibers. Common name in this case is Kevlar.
Hard Armour: – It comprise ceramic armour plates, like boron nitride, tungsten disulphide, tungsten carbide, aluminium nitride etc. These are coated with high-modulus organic polymers, such as Twaron, Spectra and Dyneema.
BY THREAT LEVEL
According to NIJ (National Institute of Justice) Armour Protection level, threat level is decided on the basis of certain calibers and their impact velocity. They can be listed as-
|THREAT LEVEL||TESTED AGAINST|
|Level II A||· 9 mm and 0.40 S&W ammunition fired from short barrel handguns.|
· No rifle ammunition protection.
|Level II||· 9 mm and 0.357 magnum ammunition fired from short barrel handguns.|
· No rifle ammunition protection.
|Level III A||· 0.357SIG and 0.44 Magnum ammunition|
|Level III||· Tested to stop 7.62mm FMJ lead core rifle ammunition.|
|Level IV||· 0.30cal steel core armour piercing rifle ammunition.|
BY REGION/ GEOGRAPHY
Amid rising tension at the borders between Mexico and U.S. and riots inside the country due to several political and public issues, both the country’s government are in run to procure more ballistic protection equipment.
AVON Rubber to supply body armour worth up to $333 Million to US Defense Logistics Agency.
France, UK, Germany, Italy and Russia are spending big on defense to procure advance military gears in coming years. Political issues have steered a new wave inside European countries and body armours to protect civilians as well as military personnel are required in huge numbers.
Asia pacific countries specially China, India, Australia and Japan most likely to procure more than 500 thousand ballistic protection equipment in the coming years.
India to procure more than 185 thousand ballistic protection equipment in the next 3-4 years.
- Potentially low cost “Smart Clothing”, which includes wireless communication, built-in microcomputer, larger surface area for data reading, is being manufactured using 3-D printing technology.
- Various form of aramid fibre Twaron has been developed by scientist which can absorb bullet’s impact more quickly and dissipate energy through adjacent fibres.
- Dyneema fibre material is being used extensively to make ballistic protection equipment to make it safer, stronger and lighter.
- India USD 16 billion deal with Russia includes Hi-Tech civilian protection products.
|2||Scope of the report|
|7||Insights from Industry stakeholders|
|8||Cost breakdown of Product by sub-components and average profit margin|
|9||Disruptive innovation in the Industry|
|10||Technology trends in the Industry|
|11||Consumer trends in the industry|
|12||Recent Production Milestones|
|13||Component Manufacturing in US, EU and China|
|14||COVID-19 impact on overall market|
|15||COVID-19 impact on Production of components|
|16||COVID-19 impact on Point of sale|
|17||Market Segmentation, Dynamics and Forecast by Geography, 2020-2025|
|18||Market Segmentation, Dynamics and Forecast by Product Type, 2020-2025|
|19||Market Segmentation, Dynamics and Forecast by Application, 2020-2025|
|20||Market Segmentation, Dynamics and Forecast by End use, 2020-2025|
|21||Product installation rate by OEM, 2020|
|22||Incline/Decline in Average B-2-B selling price in past 5 years|
|23||Competition from substitute products|
|24||Gross margin and average profitability of suppliers|
|25||New product development in past 12 months|
|26||M&A in past 12 months|
|27||Growth strategy of leading players|
|28||Market share of vendors, 2020|
|30||Unmet needs and opportunity for new suppliers|