Ballistic Protection Market Opportunities 2031
Ballistic protection offers protection from fragments, bullets, grenades, ballistic missiles, mortars and mines among. Ballistic protection equipment is made from carbon fiber composites, ceramic, lexan, aramid and glass. Ballistic protection is used in tank armor to prevent missile or anti-tank gun attacks from penetrating the tank's body. Furthermore, to protect against incoming bullets, ballistic security includes personal protection devices such as ballistic helmets and bulletproof vests. Some of the factors expected to boost the growth of the ballistic protection market in the forecast period include rising defense budgets among emerging economies, the demand for technologically advanced weapons, and the research and development for making armor more lightweight.
MARKET DYNAMICS
The global ballistic protection market is driven by an increase in defense spending, an increase in demand for ballistic protection equipment due to increased terror activities, and an increase in the adoption of light and composite materials for ballistic protection. Furthermore, the market is expected to expand due to an increase in demand for ballistic resistant aerial vehicles, personal defense devices, and high-strength materials. However, the market's growth is hampered by the high cost of ballistic equipment and the heavy weight of the equipment, which reduces mobility.
MARKET SCOPE
The "Global Ballistic Protection Market Analysis to 2031" is a specialized and in-depth study of the ballistic protection market with a special focus on the global market trend analysis. The report aims to provide an overview of ballistic protection market with detailed market segmentation by product, material, application, platform, technology. The global ballistic protection market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading ballistic protection market player and offers key trends and opportunities in the ballistic protection market.
MARKET SEGMENTATION
The global ballistic protection market is segmented on the basis of product, material, application, platform, technology. On the basis of product the market is segmented as, personal protection equipment, cockpit ballistic protection, ballistic door, ballistic floors, engine protection, others. On the basis of material the market is segmented as, bulletproof glass, composites, ceramics, metals and alloys, fabric, alloys. On the basis of application the market is segmented as, homeland security, military and commercial. On the basis of platform the market is bifurcated as, airborne, marine, land. Further, on the basis of technology the market is segmented as, soft armor, hard armor.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global ballistic protection market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The ballistic protection market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting ballistic protection market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's five forces analysis highlighting the factors affecting the ballistic protection market in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global ballistic protection market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The ballistic protection market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting ballistic protection market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's five forces analysis highlighting the factors affecting the ballistic protection market in these regions.
MARKET PLAYERS
The reports cover key developments in the ballistic protection market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from ballistic protection market are anticipated to lucrative growth opportunities in the future with the rising demand for ballistic protection market. Below mentioned is the list of few companies engaged in the ballistic protection market.
The report also includes the profiles of key ballistic protection market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Saab AB
- Craig International Ballistics Pty Ltd
- BAE Systems
- 3M
- Permali
- Revision Military
- MKU Limited
- Survitec Group Limited
- Point Blank Enterprises
- Rheinmetall AG
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Ballistic Protection Market - By Product
1.3.2 Ballistic Protection Market - By Material
1.3.3 Ballistic Protection Market - By Application
1.3.4 Ballistic Protection Market - By Platform
1.3.5 Ballistic Protection Market - By Technology
1.3.6 Ballistic Protection Market - By Region
1.3.6.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. BALLISTIC PROTECTION MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. BALLISTIC PROTECTION MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. BALLISTIC PROTECTION MARKET - GLOBAL MARKET ANALYSIS
6.1. BALLISTIC PROTECTION - GLOBAL MARKET OVERVIEW
6.2. BALLISTIC PROTECTION - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. BALLISTIC PROTECTION MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. PERSONAL PROTECTION EQUIPMENT
7.3.1. Overview
7.3.2. Personal Protection Equipment Market Forecast and Analysis
7.4. COCKPIT BALLISTIC PROTECTION
7.4.1. Overview
7.4.2. Cockpit Ballistic Protection Market Forecast and Analysis
7.5. BALLISTIC DOOR
7.5.1. Overview
7.5.2. Ballistic Door Market Forecast and Analysis
7.6. BALLISTIC FLOORS
7.6.1. Overview
7.6.2. Ballistic Floors Market Forecast and Analysis
7.7. ENGINE PROTECTION
7.7.1. Overview
7.7.2. Engine Protection Market Forecast and Analysis
7.8. HULL AND BODY
7.8.1. Overview
7.8.2. Hull and Body Market Forecast and Analysis
7.9. OTHERS
7.9.1. Overview
7.9.2. Others Market Forecast and Analysis
8. BALLISTIC PROTECTION MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL
8.1. OVERVIEW
8.2. MATERIAL MARKET FORECASTS AND ANALYSIS
8.3. BULLETPROOF GLASS
8.3.1. Overview
8.3.2. Bulletproof Glass Market Forecast and Analysis
8.4. COMPOSITES
8.4.1. Overview
8.4.2. Composites Market Forecast and Analysis
8.5. CERAMICS
8.5.1. Overview
8.5.2. Ceramics Market Forecast and Analysis
8.6. METALS AND ALLOYS
8.6.1. Overview
8.6.2. Metals and Alloys Market Forecast and Analysis
8.7. FABRIC
8.7.1. Overview
8.7.2. Fabric Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. BALLISTIC PROTECTION MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. HOMELAND SECURITY
9.3.1. Overview
9.3.2. Homeland Security Market Forecast and Analysis
9.4. MILITARY
9.4.1. Overview
9.4.2. Military Market Forecast and Analysis
9.5. COMMERCIAL
9.5.1. Overview
9.5.2. Commercial Market Forecast and Analysis
10. BALLISTIC PROTECTION MARKET - REVENUE AND FORECASTS TO 2028 - PLATFORM
10.1. OVERVIEW
10.2. PLATFORM MARKET FORECASTS AND ANALYSIS
10.3. AIRBORNE
10.3.1. Overview
10.3.2. Airborne Market Forecast and Analysis
10.4. MARINE
10.4.1. Overview
10.4.2. Marine Market Forecast and Analysis
10.5. LAND
10.5.1. Overview
10.5.2. Land Market Forecast and Analysis
11. BALLISTIC PROTECTION MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
11.1. OVERVIEW
11.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
11.3. SOFT ARMOR
11.3.1. Overview
11.3.2. Soft Armor Market Forecast and Analysis
11.4. HARD ARMOR
11.4.1. Overview
11.4.2. Hard Armor Market Forecast and Analysis
12. BALLISTIC PROTECTION MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
12.1. NORTH AMERICA
12.1.1 North America Ballistic Protection Market Overview
12.1.2 North America Ballistic Protection Market Forecasts and Analysis
12.1.3 North America Ballistic Protection Market Forecasts and Analysis - By Product
12.1.4 North America Ballistic Protection Market Forecasts and Analysis - By Material
12.1.5 North America Ballistic Protection Market Forecasts and Analysis - By Application
12.1.6 North America Ballistic Protection Market Forecasts and Analysis - By Platform
12.1.7 North America Ballistic Protection Market Forecasts and Analysis - By Technology
12.1.8 North America Ballistic Protection Market Forecasts and Analysis - By Countries
12.1.8.1 United States Ballistic Protection Market
12.1.8.1.1 United States Ballistic Protection Market by Product
12.1.8.1.2 United States Ballistic Protection Market by Material
12.1.8.1.3 United States Ballistic Protection Market by Application
12.1.8.1.4 United States Ballistic Protection Market by Platform
12.1.8.1.5 United States Ballistic Protection Market by Technology
12.1.8.2 Canada Ballistic Protection Market
12.1.8.2.1 Canada Ballistic Protection Market by Product
12.1.8.2.2 Canada Ballistic Protection Market by Material
12.1.8.2.3 Canada Ballistic Protection Market by Application
12.1.8.2.4 Canada Ballistic Protection Market by Platform
12.1.8.2.5 Canada Ballistic Protection Market by Technology
12.1.8.3 Mexico Ballistic Protection Market
12.1.8.3.1 Mexico Ballistic Protection Market by Product
12.1.8.3.2 Mexico Ballistic Protection Market by Material
12.1.8.3.3 Mexico Ballistic Protection Market by Application
12.1.8.3.4 Mexico Ballistic Protection Market by Platform
12.1.8.3.5 Mexico Ballistic Protection Market by Technology
12.2. EUROPE
12.2.1 Europe Ballistic Protection Market Overview
12.2.2 Europe Ballistic Protection Market Forecasts and Analysis
12.2.3 Europe Ballistic Protection Market Forecasts and Analysis - By Product
12.2.4 Europe Ballistic Protection Market Forecasts and Analysis - By Material
12.2.5 Europe Ballistic Protection Market Forecasts and Analysis - By Application
12.2.6 Europe Ballistic Protection Market Forecasts and Analysis - By Platform
12.2.7 Europe Ballistic Protection Market Forecasts and Analysis - By Technology
12.2.8 Europe Ballistic Protection Market Forecasts and Analysis - By Countries
12.2.8.1 Germany Ballistic Protection Market
12.2.8.1.1 Germany Ballistic Protection Market by Product
12.2.8.1.2 Germany Ballistic Protection Market by Material
12.2.8.1.3 Germany Ballistic Protection Market by Application
12.2.8.1.4 Germany Ballistic Protection Market by Platform
12.2.8.1.5 Germany Ballistic Protection Market by Technology
12.2.8.2 France Ballistic Protection Market
12.2.8.2.1 France Ballistic Protection Market by Product
12.2.8.2.2 France Ballistic Protection Market by Material
12.2.8.2.3 France Ballistic Protection Market by Application
12.2.8.2.4 France Ballistic Protection Market by Platform
12.2.8.2.5 France Ballistic Protection Market by Technology
12.2.8.3 Italy Ballistic Protection Market
12.2.8.3.1 Italy Ballistic Protection Market by Product
12.2.8.3.2 Italy Ballistic Protection Market by Material
12.2.8.3.3 Italy Ballistic Protection Market by Application
12.2.8.3.4 Italy Ballistic Protection Market by Platform
12.2.8.3.5 Italy Ballistic Protection Market by Technology
12.2.8.4 United Kingdom Ballistic Protection Market
12.2.8.4.1 United Kingdom Ballistic Protection Market by Product
12.2.8.4.2 United Kingdom Ballistic Protection Market by Material
12.2.8.4.3 United Kingdom Ballistic Protection Market by Application
12.2.8.4.4 United Kingdom Ballistic Protection Market by Platform
12.2.8.4.5 United Kingdom Ballistic Protection Market by Technology
12.2.8.5 Russia Ballistic Protection Market
12.2.8.5.1 Russia Ballistic Protection Market by Product
12.2.8.5.2 Russia Ballistic Protection Market by Material
12.2.8.5.3 Russia Ballistic Protection Market by Application
12.2.8.5.4 Russia Ballistic Protection Market by Platform
12.2.8.5.5 Russia Ballistic Protection Market by Technology
12.2.8.6 Rest of Europe Ballistic Protection Market
12.2.8.6.1 Rest of Europe Ballistic Protection Market by Product
12.2.8.6.2 Rest of Europe Ballistic Protection Market by Material
12.2.8.6.3 Rest of Europe Ballistic Protection Market by Application
12.2.8.6.4 Rest of Europe Ballistic Protection Market by Platform
12.2.8.6.5 Rest of Europe Ballistic Protection Market by Technology
12.3. ASIA-PACIFIC
12.3.1 Asia-Pacific Ballistic Protection Market Overview
12.3.2 Asia-Pacific Ballistic Protection Market Forecasts and Analysis
12.3.3 Asia-Pacific Ballistic Protection Market Forecasts and Analysis - By Product
12.3.4 Asia-Pacific Ballistic Protection Market Forecasts and Analysis - By Material
12.3.5 Asia-Pacific Ballistic Protection Market Forecasts and Analysis - By Application
12.3.6 Asia-Pacific Ballistic Protection Market Forecasts and Analysis - By Platform
12.3.7 Asia-Pacific Ballistic Protection Market Forecasts and Analysis - By Technology
12.3.8 Asia-Pacific Ballistic Protection Market Forecasts and Analysis - By Countries
12.3.8.1 Australia Ballistic Protection Market
12.3.8.1.1 Australia Ballistic Protection Market by Product
12.3.8.1.2 Australia Ballistic Protection Market by Material
12.3.8.1.3 Australia Ballistic Protection Market by Application
12.3.8.1.4 Australia Ballistic Protection Market by Platform
12.3.8.1.5 Australia Ballistic Protection Market by Technology
12.3.8.2 China Ballistic Protection Market
12.3.8.2.1 China Ballistic Protection Market by Product
12.3.8.2.2 China Ballistic Protection Market by Material
12.3.8.2.3 China Ballistic Protection Market by Application
12.3.8.2.4 China Ballistic Protection Market by Platform
12.3.8.2.5 China Ballistic Protection Market by Technology
12.3.8.3 India Ballistic Protection Market
12.3.8.3.1 India Ballistic Protection Market by Product
12.3.8.3.2 India Ballistic Protection Market by Material
12.3.8.3.3 India Ballistic Protection Market by Application
12.3.8.3.4 India Ballistic Protection Market by Platform
12.3.8.3.5 India Ballistic Protection Market by Technology
12.3.8.4 Japan Ballistic Protection Market
12.3.8.4.1 Japan Ballistic Protection Market by Product
12.3.8.4.2 Japan Ballistic Protection Market by Material
12.3.8.4.3 Japan Ballistic Protection Market by Application
12.3.8.4.4 Japan Ballistic Protection Market by Platform
12.3.8.4.5 Japan Ballistic Protection Market by Technology
12.3.8.5 South Korea Ballistic Protection Market
12.3.8.5.1 South Korea Ballistic Protection Market by Product
12.3.8.5.2 South Korea Ballistic Protection Market by Material
12.3.8.5.3 South Korea Ballistic Protection Market by Application
12.3.8.5.4 South Korea Ballistic Protection Market by Platform
12.3.8.5.5 South Korea Ballistic Protection Market by Technology
12.3.8.6 Rest of Asia-Pacific Ballistic Protection Market
12.3.8.6.1 Rest of Asia-Pacific Ballistic Protection Market by Product
12.3.8.6.2 Rest of Asia-Pacific Ballistic Protection Market by Material
12.3.8.6.3 Rest of Asia-Pacific Ballistic Protection Market by Application
12.3.8.6.4 Rest of Asia-Pacific Ballistic Protection Market by Platform
12.3.8.6.5 Rest of Asia-Pacific Ballistic Protection Market by Technology
12.4. MIDDLE EAST AND AFRICA
12.4.1 Middle East and Africa Ballistic Protection Market Overview
12.4.2 Middle East and Africa Ballistic Protection Market Forecasts and Analysis
12.4.3 Middle East and Africa Ballistic Protection Market Forecasts and Analysis - By Product
12.4.4 Middle East and Africa Ballistic Protection Market Forecasts and Analysis - By Material
12.4.5 Middle East and Africa Ballistic Protection Market Forecasts and Analysis - By Application
12.4.6 Middle East and Africa Ballistic Protection Market Forecasts and Analysis - By Platform
12.4.7 Middle East and Africa Ballistic Protection Market Forecasts and Analysis - By Technology
12.4.8 Middle East and Africa Ballistic Protection Market Forecasts and Analysis - By Countries
12.4.8.1 South Africa Ballistic Protection Market
12.4.8.1.1 South Africa Ballistic Protection Market by Product
12.4.8.1.2 South Africa Ballistic Protection Market by Material
12.4.8.1.3 South Africa Ballistic Protection Market by Application
12.4.8.1.4 South Africa Ballistic Protection Market by Platform
12.4.8.1.5 South Africa Ballistic Protection Market by Technology
12.4.8.2 Saudi Arabia Ballistic Protection Market
12.4.8.2.1 Saudi Arabia Ballistic Protection Market by Product
12.4.8.2.2 Saudi Arabia Ballistic Protection Market by Material
12.4.8.2.3 Saudi Arabia Ballistic Protection Market by Application
12.4.8.2.4 Saudi Arabia Ballistic Protection Market by Platform
12.4.8.2.5 Saudi Arabia Ballistic Protection Market by Technology
12.4.8.3 U.A.E Ballistic Protection Market
12.4.8.3.1 U.A.E Ballistic Protection Market by Product
12.4.8.3.2 U.A.E Ballistic Protection Market by Material
12.4.8.3.3 U.A.E Ballistic Protection Market by Application
12.4.8.3.4 U.A.E Ballistic Protection Market by Platform
12.4.8.3.5 U.A.E Ballistic Protection Market by Technology
12.4.8.4 Rest of Middle East and Africa Ballistic Protection Market
12.4.8.4.1 Rest of Middle East and Africa Ballistic Protection Market by Product
12.4.8.4.2 Rest of Middle East and Africa Ballistic Protection Market by Material
12.4.8.4.3 Rest of Middle East and Africa Ballistic Protection Market by Application
12.4.8.4.4 Rest of Middle East and Africa Ballistic Protection Market by Platform
12.4.8.4.5 Rest of Middle East and Africa Ballistic Protection Market by Technology
12.5. SOUTH AND CENTRAL AMERICA
12.5.1 South and Central America Ballistic Protection Market Overview
12.5.2 South and Central America Ballistic Protection Market Forecasts and Analysis
12.5.3 South and Central America Ballistic Protection Market Forecasts and Analysis - By Product
12.5.4 South and Central America Ballistic Protection Market Forecasts and Analysis - By Material
12.5.5 South and Central America Ballistic Protection Market Forecasts and Analysis - By Application
12.5.6 South and Central America Ballistic Protection Market Forecasts and Analysis - By Platform
12.5.7 South and Central America Ballistic Protection Market Forecasts and Analysis - By Technology
12.5.8 South and Central America Ballistic Protection Market Forecasts and Analysis - By Countries
12.5.8.1 Brazil Ballistic Protection Market
12.5.8.1.1 Brazil Ballistic Protection Market by Product
12.5.8.1.2 Brazil Ballistic Protection Market by Material
12.5.8.1.3 Brazil Ballistic Protection Market by Application
12.5.8.1.4 Brazil Ballistic Protection Market by Platform
12.5.8.1.5 Brazil Ballistic Protection Market by Technology
12.5.8.2 Argentina Ballistic Protection Market
12.5.8.2.1 Argentina Ballistic Protection Market by Product
12.5.8.2.2 Argentina Ballistic Protection Market by Material
12.5.8.2.3 Argentina Ballistic Protection Market by Application
12.5.8.2.4 Argentina Ballistic Protection Market by Platform
12.5.8.2.5 Argentina Ballistic Protection Market by Technology
12.5.8.3 Rest of South and Central America Ballistic Protection Market
12.5.8.3.1 Rest of South and Central America Ballistic Protection Market by Product
12.5.8.3.2 Rest of South and Central America Ballistic Protection Market by Material
12.5.8.3.3 Rest of South and Central America Ballistic Protection Market by Application
12.5.8.3.4 Rest of South and Central America Ballistic Protection Market by Platform
12.5.8.3.5 Rest of South and Central America Ballistic Protection Market by Technology
13. INDUSTRY LANDSCAPE
13.1. MERGERS AND ACQUISITIONS
13.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3. NEW PRODUCT LAUNCHES
13.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14. BALLISTIC PROTECTION MARKET, KEY COMPANY PROFILES
14.1. SAAB AB
14.1.1. Key Facts
14.1.2. Business Description
14.1.3. Products and Services
14.1.4. Financial Overview
14.1.5. SWOT Analysis
14.1.6. Key Developments
14.2. CRAIG INTERNATIONAL BALLISTICS PTY LTD
14.2.1. Key Facts
14.2.2. Business Description
14.2.3. Products and Services
14.2.4. Financial Overview
14.2.5. SWOT Analysis
14.2.6. Key Developments
14.3. BAE SYSTEMS
14.3.1. Key Facts
14.3.2. Business Description
14.3.3. Products and Services
14.3.4. Financial Overview
14.3.5. SWOT Analysis
14.3.6. Key Developments
14.4. 3M
14.4.1. Key Facts
14.4.2. Business Description
14.4.3. Products and Services
14.4.4. Financial Overview
14.4.5. SWOT Analysis
14.4.6. Key Developments
14.5. PERMALI
14.5.1. Key Facts
14.5.2. Business Description
14.5.3. Products and Services
14.5.4. Financial Overview
14.5.5. SWOT Analysis
14.5.6. Key Developments
14.6. REVISION MILITARY
14.6.1. Key Facts
14.6.2. Business Description
14.6.3. Products and Services
14.6.4. Financial Overview
14.6.5. SWOT Analysis
14.6.6. Key Developments
14.7. MKU LIMITED
14.7.1. Key Facts
14.7.2. Business Description
14.7.3. Products and Services
14.7.4. Financial Overview
14.7.5. SWOT Analysis
14.7.6. Key Developments
14.8. SURVITEC GROUP LIMITED
14.8.1. Key Facts
14.8.2. Business Description
14.8.3. Products and Services
14.8.4. Financial Overview
14.8.5. SWOT Analysis
14.8.6. Key Developments
14.9. POINT BLANK ENTERPRISES
14.9.1. Key Facts
14.9.2. Business Description
14.9.3. Products and Services
14.9.4. Financial Overview
14.9.5. SWOT Analysis
14.9.6. Key Developments
14.10. RHEINMETALL AG
14.10.1. Key Facts
14.10.2. Business Description
14.10.3. Products and Services
14.10.4. Financial Overview
14.10.5. SWOT Analysis
14.10.6. Key Developments
15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
1. Saab AB
2. Craig International Ballistics Pty Ltd
3. BAE Systems
4. 3M
5. Permali
6. Revision Military
7. MKU Limited
8. Survitec Group Limited
9. Point Blank Enterprises
10. Rheinmetall AG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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