PUBLISHER: Value Market Research | PRODUCT CODE: 1307004
PUBLISHER: Value Market Research | PRODUCT CODE: 1307004
The global demand for Bulletproof Glass Market is presumed to reach the market size of nearly USD 29.99 BN by 2030 from USD 9.81 BN in 2022 with a CAGR of 14.99% under the study period of 2023 - 2030. Regarding volume, the market was calculated XX Thousand Sq. Meters in 2022 and forecast to touch XX Thousand Sq. Meters by 2030 with a CAGR of XX% during 2023-2030.
Bulletproof glass (ballistic glass or bullet-resistant glass) is a type of strong and durable glass that is designed to resist penetration by bullets or other types of projectiles. The glass is typically made by combining multiple layers of glass with layers of a thermoplastic material, such as polycarbonate, polyurethane, or polyvinyl butyral (PVB), which acts as a binding agent. The thickness and number of layers of these glasses vary depending on the level of protection required. The glass is rated based on its ability to stop bullets of different calibres and velocities.
The growing security concerns worldwide are a major factor driving the demand for bulletproof glass. Governments, military organizations, and private entities are investing in security solutions to protect against terrorist attacks, armed robberies, and other threats. The increase in crime rates in several countries has led to a rise in demand for these types of glasses. Retail stores, banks, and other institutions are using bulletproof glass to protect against armed robberies and smash-and-grab thefts. The growth in the construction industry, particularly in emerging economies, is also supporting this market. The glass is used in the construction of high-rise buildings, government buildings, and other structures that require high levels of security. The advancements in technology have led to the development of new and improved varieties that offer higher levels of protection. The use of advanced materials and manufacturing processes has made these glasses more affordable and accessible. The automotive industry is the fastest-growing market for bulletproof glass. The glass is used in armoured vehicles, police cars, and other vehicles that require high levels of protection. The military and defence sector is also its major consumer. The glass is used in the construction of military vehicles, aircraft, and other equipment that require high levels of protection.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of bulletproof glass. The growth and trends of Bulletproof Glass Industry provide a holistic approach to this study.
This section of the bulletproof glass market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Bulletproof Glass market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the bulletproof glass market include Asahi Glass Co., Ltd. (Japan), China Specialty Glass AG (China), Nippon Sheet Co., Ltd. (Japan), Saint-Gobain S.A. (France), Consolidated Glass Holdings, Inc. (U.S.), Total Security Solutions (U.S.), SCHOTT AG (Germany), D.W. Price Security (U.K.), Smartglass International Ltd. (Ireland), Apogee Enterprises, Inc. (U.S.), and National Glass (South Africa). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.