Bulletproof Glass Market
Bulletproof Glass Market Overview
An overview of conceptual frameworks, analytical approaches of the bulletproof glass market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Bulletproof glass market is expected to grow with significant rate in the near future.
The global bulletproof glass market in 2020 is estimated for more than US$ 5.5 Bn and expected to reach a value of US$ 14.7 Bn by 2028 with a significant CAGR of 13.1%.
Bulletproof Glass Market Definition
Bulletproof glass, also known as ballistic glass, bullet resistant glass transparent armor, is a very strong yet optical transparent material that is resistant to being penetrated when struck. Bulletproof glass is a combination of two or more glasses, among which one is hard and one is soft. The function of soft layer is to make the glass more elastic so that it can flex instead of being scattered. It is constructed using a number of layers of laminated glasses. This ensures that the number of players is directly proportional to the protection.
Bulletproof Glass Market Dynamics
Increasing demand for security and safety concerns and growing security needs in various verticals including banking, finance, investigation, education, etc. are the prime factors boosting the growth of this market.
Moreover, the increasing demand for value-added automobile accessories and technically advanced products coupled with the growing numbers of armored cash trucks and display cases in high-end Jewellery and accessories shops is also increasing the demand of bulletproof glasses across the globe.
The bulletproof glass market is expected to increase at a significant CAGR over the forecast period owing to the increasing automotive and commercial applications of ballistic glasses, the militarization of law enforcement agencies in numerous countries and increasing terror attacks.
In addition, the increasing research and development activities for the development of a more advanced version of bulletproof glasses also fuel the growth of this market. However, the fluctuating cost of the raw material may restrict the growth of bulletproof glass market.
However, the decreasing defense budget of developed regions coupled with the strict regulatory guidelines and changes in ballistic glasses proposed by several green councils may hamper the growth of this market.
Bulletproof Glass Market Key Players
Bulletproof glass market is mainly dominated by American Glass Products, Asahi Glass Co., Ltd., China Specialty Glass AG, Consolidated Glass Holdings, Inc., Guangdong Golden Glass Technologies Limited, Guardian Glass, Nippon Sheet Co., Ltd., Saint-Gobain S.A., Schott AG, Taiwan Glass Ind. Corp and Total Security Solutions.
Bulletproof Glass Market Segmentation
The bulletproof glass market is segmented on the basis of security levels, application type, end-user, and region.
On the basis of security levels, the bulletproof glass market can be segmented into security level-1, security level-2, security level-3 and security level-4 to 8. On the basis of application, the bulletproof glass market can be segmented into defense & VIP vehicles, ATM booths & teller stations, cash-in-transit vehicles, commercial buildings, government & law enforcement and others. On the basis of the end user, the bulletproof glass market can be segmented into automotive, military, banking & finance, construction and others.
Bulletproof Glass Market Regional Analysis and Overview
On the basis of region, the global bulletproof glass market is segmented into six regions namely North America, Latin America, Asia Pacific, Europe, Middle East, and Africa. North America bulletproof glass market is expected to be the most dominating market throughout the forecast period. Growing number of terrorist attacks coupled with the adoption of technically advanced bulletproof glasses in the region are some of the revenue-boosting factors.
MMC Overview on Bulletproof Glass Market Report
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.
A research report on the bulletproof glass market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market. The report is titled as ‘Bulletproof Glass Market: Opportunity Analysis and Future Assessment 2020-2028’.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
• New product designs and launches
• Current product compliance
• Reimbursement
• Concerns for use of Bulletproof glass
• Advantage of Bulletproof glass over other modalities
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
1. Global Bulletproof Glass Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Bulletproof Glass Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Bulletproof Glass Market Snapshot
2.4. Global Bulletproof Glass Market Size And Forecast, 2019–2027
2.4.1. Introduction
2.4.2. Market Value Forecast And Annual Growth Rate (AGR) Comparison (2019–2027)
2.5. Global Bulletproof Glass Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Key Regulations
2.7. Porter’s Five Forces Model
3. Global Bulletproof Glass Market, By Security Levels
3.1. Introduction
3.1.1. Annual Growth Rate Comparison, By Security Levels
3.1.2. BPS Analysis, By Security Levels
3.2. Market Revenue (US$Mn) Forecast, By Security Levels
3.2.1. Security Level-1
3.2.2. Security Level-2
3.2.3. Security Level-3
3.2.4. Security Level-4 to 8
3.3. Global Bulletproof Glass Market Attractiveness Index, By Security Levels
4. Global Bulletproof Glass Market, By Application
4.1. Introduction
4.1.1. Annual Growth Rate Comparison, By Application
4.1.2. BPS Analysis, By Application
4.2. Market Revenue (US$Mn) Forecast, By Application
4.2.1. Defence & VIP Vehicles
4.2.2. ATM Booths & Teller Stations
4.2.3. Cash-in-Transit Vehicles
4.2.4. Commercial Buildings
4.2.5. Government & Law Enforcement
4.2.6. Others
4.3. Global Bulletproof Glass Market Attractiveness Index, By Application
5. Global Bulletproof Glass Market, By End User
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By End User
5.1.2. BPS Analysis, By End User
5.2. Market Revenue (US$Mn) Forecast, By End User
5.2.1. Automotive
5.2.2. Military
5.2.3. Banking & Finance
5.2.4. Construction
5.2.5. Others
5.3. Global Bulletproof Glass Market Attractiveness Index, By End User
6. Global Bulletproof Glass Market, By Region
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Region
6.1.2. BPS Analysis, By Region
6.2. Market Revenue (US$Mn) Forecast, By Region
6.2.1. North America
6.2.2. Latin America
6.2.3. Europe
6.2.4. Asia Pacific
6.2.5. Middle East
6.2.6. Africa
6.3. Global Bulletproof Glass Market Attractiveness Index, By Region
7. North America Bulletproof Glass Market Analysis And Forecast, 2019–2027
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Country
7.1.2. BPS Analysis, By Country
7.2. Market Revenue (US$Mn) Forecast, By Country
7.2.1. U.S. Bulletproof Glass Market
7.2.2. Canada Bulletproof Glass Market
7.3. North America Bulletproof Glass Market, By Security Levels
7.3.1. Security Level-1
7.3.2. Security Level-2
7.3.3. Security Level-3
7.3.4. Security Level-4 to 8
7.4. North America Bulletproof Glass Market, By Application
7.4.1. Defence & VIP Vehicles
7.4.2. ATM Booths & Teller Stations
7.4.3. Cash-in-Transit Vehicles
7.4.4. Commercial Buildings
7.4.5. Government & Law Enforcement
7.4.6. Others
7.5. North America Bulletproof Glass Market, By End User
7.5.1. Automotive
7.5.2. Military
7.5.3. Banking & Finance
7.5.4. Construction
7.5.5. Others
7.6. North America Bulletproof Glass Market Attractiveness Index
7.6.1. By Country
7.6.2. By Security Levels
7.6.3. By Application
7.6.4. By End User
8. Latin America Bulletproof Glass Market Analysis And Forecast, 2019–2027
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Country
8.1.2. BPS Analysis, By Country
8.2. Market Revenue (US$Mn) Forecast, By Country
8.2.1. Brazil Bulletproof Glass Market
8.2.2. Mexico Bulletproof Glass Market
8.2.3. Argentina Bulletproof Glass Market
8.2.4. Rest Of Latin America Bulletproof Glass Market
8.3. Latin America Bulletproof Glass Market, By Security Levels
8.3.1. Security Level-1
8.3.2. Security Level-2
8.3.3. Security Level-3
8.3.4. Security Level-4 to 8
8.4. Latin America Bulletproof Glass Market, By Application
8.4.1. Defence & VIP Vehicles
8.4.2. ATM Booths & Teller Stations
8.4.3. Cash-in-Transit Vehicles
8.4.4. Commercial Buildings
8.4.5. Government & Law Enforcement
8.4.6. Others
8.5. Latin America Bulletproof Glass Market, By End User
8.5.1. Automotive
8.5.2. Military
8.5.3. Banking & Finance
8.5.4. Construction
8.5.5. Others
8.6. Latin America Bulletproof Glass Market Attractiveness Index
8.6.1. By Country
8.6.2. By Security Levels
8.6.3. By Application
8.6.4. By End User
9. Europe Bulletproof Glass Market Analysis and Forecast, 2019–2027
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market Revenue (US$Mn) Forecast, By Country
9.2.1. U.K. Bulletproof Glass Market
9.2.2. Germany Bulletproof Glass Market
9.2.3. Italy Bulletproof Glass Market
9.2.4. France Bulletproof Glass Market
9.2.5. Spain Bulletproof Glass Market
9.2.6. Russia Bulletproof Glass Market
9.2.7. Poland Bulletproof Glass Market
9.2.8. BENELUX Bulletproof Glass Market
9.2.9. NORDIC Bulletproof Glass Market
9.2.10. Rest Of Europe Bulletproof Glass Market
9.3. Europe Bulletproof Glass Market, By Security Levels
9.3.1. Security Level-1
9.3.2. Security Level-2
9.3.3. Security Level-3
9.3.4. Security Level-4 to 8
9.4. Europe Bulletproof Glass Market, By Application
9.4.1. Defence & VIP Vehicles
9.4.2. ATM Booths & Teller Stations
9.4.3. Cash-in-Transit Vehicles
9.4.4. Commercial Buildings
9.4.5. Government & Law Enforcement
9.4.6. Others
9.5. Europe Bulletproof Glass Market, By End User
9.5.1. Automotive
9.5.2. Military
9.5.3. Banking & Finance
9.5.4. Construction
9.5.5. Others
9.6. Europe Bulletproof Glass Market Attractiveness Index
9.6.1. By Country
9.6.2. By Security Levels
9.6.3. By Application
9.6.4. By End User
10. Asia Pacific Bulletproof Glass Market Analysis and Forecast, 2019–2027
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market Revenue (US$Mn) Forecast, By Country
10.2.1. China Bulletproof Glass Market
10.2.2. India Bulletproof Glass Market
10.2.3. Japan Bulletproof Glass Market
10.2.4. Australia And New Zealand Bulletproof Glass Market
10.2.5. South Korea Bulletproof Glass Market
10.2.6. ASEAN Bulletproof Glass Market
10.2.7. Rest Of Asia Pacific Bulletproof Glass Market
10.3. Asia Pacific Bulletproof Glass Market, By Security Levels
10.3.1. Security Level-1
10.3.2. Security Level-2
10.3.3. Security Level-3
10.3.4. Security Level-4 to 8
10.4. Asia Pacific Bulletproof Glass Market, By Application
10.4.1. Defence & VIP Vehicles
10.4.2. ATM Booths & Teller Stations
10.4.3. Cash-in-Transit Vehicles
10.4.4. Commercial Buildings
10.4.5. Government & Law Enforcement
10.4.6. Others
10.5. Asia Pacific Bulletproof Glass Market, By End User
10.5.1. Automotive
10.5.2. Military
10.5.3. Banking & Finance
10.5.4. Construction
10.5.5. Others
10.6. Asia Pacific Bulletproof Glass Market Attractiveness Index
10.6.1. By Country
10.6.2. By Security Levels
10.6.3. By Application
10.6.4. By End User
11. Middle East Bulletproof Glass Market, By Region
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market Revenue (US$Mn) Forecast, By Country
11.2.1. GCC Countries Bulletproof Glass Market
11.2.2. Israel Bulletproof Glass Market
11.2.3. Oman Bulletproof Glass Market
11.2.4. Rest Of Middle East Bulletproof Glass Market
11.3. Middle East Bulletproof Glass Market, By Security Levels
11.3.1. Security Level-1
11.3.2. Security Level-2
11.3.3. Security Level-3
11.3.4. Security Level-4 to 8
11.4. Middle East Bulletproof Glass Market, By Application
11.4.1. Defence & VIP Vehicles
11.4.2. ATM Booths & Teller Stations
11.4.3. Cash-in-Transit Vehicles
11.4.4. Commercial Buildings
11.4.5. Government & Law Enforcement
11.4.6. Others
11.5. Middle East Bulletproof Glass Market, By End User
11.5.1. Automotive
11.5.2. Military
11.5.3. Banking & Finance
11.5.4. Construction
11.5.5. Others
11.6. Middle East Bulletproof Glass Market Attractiveness Index
11.6.1. By Country
11.6.2. By Security Levels
11.6.3. By Application
11.6.4. By End User
12. Africa Bulletproof Glass Market, By Region
12.1. Introduction
12.1.1. Annual Growth Rate Comparison, By Country
12.1.2. BPS Analysis, By Country
12.2. Market Revenue (US$Mn) Forecast, By Country
12.2.1. South Africa Bulletproof Glass Market
12.2.2. Egypt Bulletproof Glass Market
12.2.3. North Africa Bulletproof Glass Market
12.2.4. Rest Of Africa Bulletproof Glass Market
12.3. Africa Bulletproof Glass Market, By Security Levels
12.3.1. Security Level-1
12.3.2. Security Level-2
12.3.3. Security Level-3
12.3.4. Security Level-4 to 8
12.4. Africa Bulletproof Glass Market, By Application
12.4.1. Defence & VIP Vehicles
12.4.2. ATM Booths & Teller Stations
12.4.3. Cash-in-Transit Vehicles
12.4.4. Commercial Buildings
12.4.5. Government & Law Enforcement
12.4.6. Others
12.5. Africa Bulletproof Glass Market, By End User
12.5.1. Automotive
12.5.2. Military
12.5.3. Banking & Finance
12.5.4. Construction
12.5.5. Others
12.6. Africa Bulletproof Glass Market Attractiveness Index
12.6.1. By Country
12.6.2. By Security Levels
12.6.3. By Application
12.6.4. By End User
13. Recommendation
13.1. Market Strategy
14. Competitive Landscape
14.1. Competition Dashboard
14.2. List and Company Overview of Global Key Players
14.3. Company Profiles
14.3.1. American Glass Products
14.3.1.1. Company Overview
14.3.1.2. Financial Overview
14.3.1.3. Product Portfolio
14.3.1.4. Key Developments
14.3.1.5. Business Strategies
14.3.2. Asahi Glass Co., Ltd.
14.3.3. China Specialty Glass AG
14.3.4. Consolidated Glass Holdings, Inc.
14.3.5. Guangdong Golden Glass Technologies Limited
14.3.6. Guardian Glass
14.3.7. Nippon Sheet Co., Ltd.
14.3.8. Saint-Gobain S.A.
14.3.9. Schott AG
14.3.10. Taiwan Glass Ind. Corp.
14.3.11. Total Security Solutions
15. Acronyms