The
changing nature of modern day warfare has become increasingly asymmetric in
nature and includes guerrilla warfare, counter-insurgency, and
counter-terrorism operations. Similar scenarios play out in the law enforcement
domain wherein criminals are more equipped now to fatally injure responding
officers, thus necessitating investment in ballistic protection equipment.
Improvements in weight and wearability remain major factors determining a
supplier's market penetration with most new development projects directed
specifically towards performance enhancements in these two areas
Key
Findings
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Rapid development in materials used for ballistic protection have led to slight
cost reductions for some variants, which makes it possible for militaries of
developing nations as well as paramilitary and police forces to institute
organization-wide deployment
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-
Strong governmental regulations that require the use of protective clothing
have increased demand. Similarly, a major factor that is also anticipated to
influence sales of ballistic protection equipment is the burgeoning trend of
supplying body armor including headgear to emergency first responders such as
paramedics and firefighters
-
In mature markets such as the US and Europe, homeland security departments are
including military surplus vehicles in their squads in order to tackle the
increasing threat from terrorism and the availability of state-of-the-art
weapons in commercial stores, which is leading to high-risk situations involving
armed criminals
Synopsis
The
Ballistic Protection Market - Key Drivers, Trends and New Developments report
offers insights into the industry with an analysis based on key trends, drivers
and new developments in the domain. This report analyzes factors that influence
demand for ballistic protection equipment, impact of government regulations,
key market influencers and challenges faced by industry participants.
In
particular, it provides an in-depth analysis of the following:
-
Evolution of the ballistic protection market: Provides a snapshot of the
modernization pattern that has affected global product development in terms of
meeting customer requirements
-
Factors affecting Homeland Security and Military users: Tailored requirements
that affect the demand and adoption of ballistic protection equipment in both
these segments. Key trends and issues that are faced by suppliers as well as
customers in both these segments
-
Technology Trends and New Developments: technological advances and pure
innovations that have been witnessed in the domain and how suppliers have
utilized these advances
-
Country Overview and Recent Procurements: Snapshot of ballistic protection
requirements in 5 major countries/spenders in the domain and recent
procurements that were or are being executed by these countries
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Supplier Analysis: Analysis of 5 major companies in the global market, provides
an overview of key players, together with information regarding major products,
key alliances, strategic initiatives, and financial analysis
Reasons
To Buy
-
Determine prospective investment areas based on trend analysis of the global
ballistic protection market
-
Gain in-depth understanding about the underlying factors driving demand for
different ballistic protection equipment in both Homeland Security and Military
domains across the world and identify the opportunities offered by the current
scenario
-
Strengthen your understanding of the market in terms of demand drivers,
industry trends, and the latest technological developments, among others.
-
Identify the major channels that are driving the global ballistic protection
market, providing a clear picture about future opportunities that can be
tapped, resulting in revenue expansion.
-
Make correct business decisions based on thorough analysis of the competitive
landscape of the sector with detailed profiles of major ballistic protection
suppliers which include information about their products, alliances, recent
contract wins and financial analysis wherever available.
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Radiant Insights, Inc
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