Bulletproof Glass Market Set to Experience Phenomenal Growth from...

Bulletproof Glass Market Set to Experience Phenomenal Growth from 2022 to 2028

Posted 2023-01-30 09:38:36

Stratview Research publishes a new report titled Bulletproof Glass Market which is segmented by Application (ATM Booths & Teller Stations, Cash-In-Transit Vehicles, Commercial Buildings, Defense & VIP Vehicles, Government & Law Enforcement, and Others), By End User (Automotive, Banking & Finance, Construction, Military, and Others), and by Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The UK, Russia, and Rest of Europe], Asia-Pacific [China, Japan, India, and Rest of Asia-Pacific], and Rest of the World [Saudi Arabia, Brazil, and Others]).

Market Insights

The global Bulletproof Glass Market was estimated at US$ 6.7 Billion in 2021 and is expected to grow at a CAGR of 10.5% during 2022-2028 to reach US$ 13.2 Billion in 2028. Furthermore, the increased requirement for bulletproof glasses in the financial institution due to the high risk of robberies fosters the growth in the global market attributed to high growth in the finance industry. Such glasses are mandatory for the finance industry, thus boosting huge growth.

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Key players active in the market –

The following are some of the key players in the BULLETPROOF GLASS Market:

Asahi Glass Co., Ltd.,
China Specialty Glass AG,
Nippon Sheet Co., Ltd.,
Saint-Gobain SA.
American Glass Products

Global Bulletproof Glass Market Report Segments:

The Bulletproof Glass Market is segmented into the following categories:

Application Type

The market is bifurcated into ATM booths & teller stations, cash-in-transit vehicles, commercial buildings, defense & VIP vehicles, government & law enforcement, and others. The defense & VIP vehicles are expected to remain the biggest market for bulletproof glass in the forecast period. These glasses are frequently used for vehicles by military and VIPs to ensure safety in case of an ambush or attack.

End-user Type

The market is segmented as fixed automotive, banking & finance, construction, military, and others. The automotive industry accounts for the largest market share in 2021, with the increasing demand for bulletproof glasses as a value-added feature in premium cars.

Regional Analysis

North America is likely to maintain its supremacy in the bulletproof glass market throughout the forecast period. This is mostly due to the increase in the rate of gun violence and the increase in riots within the region.

Why is this report beneficial?

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

It also offers –

- Market Overview

- Key Manufacturers Profiles

- Market Analysis by Region

- Market Segment by Type

- Market Segment by Application

- Raw Material and Supply Chain

- Other Key Research Findings

All the data compiled by the market experts is the outcome of rigorous primary and secondary research conducted on the market players and reliable sources, including company white papers, journals, press releases, and more.

Customization of the report –

At Stratview Research, the market researchers make a note of opportunities, drawbacks/bottlenecks, estimations, and information related to the market using experienced skills and verified methodologies. Our research reports offer an exceptional experience of innovative solutions and outcomes to the users. If required, user can also opt for customization of the report.

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