Bulletproof Glass Market - Forecast(2021 - 2026)

 Bulletproof Glass Market size is forecast to reach $8.36 Billion by 2025, after growing at a CAGR of 13.7% during 2020-2025. Bulletproof glass is an armor which is transparent and offers its users high protection. Since the bullet-resistant product has become a primary necessity for safety problems in different industries. The demand for bullet-proof glass in the forecast is motivated by public safety and security issues. Further, increases the overall market demand during forecast period.

• Request Sample

Report Coverage

The “Bulletproof Glass Market report – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Bulletproof Glass Industry.

 

By Security Levels: Security Level-1, Security Level-2, Security Level-3Security Level-4 to8, and others.

By Application: Defense, VIP Vehicles, Government & Law Enforcement, Cash-In-Transit Vehicles, Commercial Buildings, ATM Booths & Teller Stations and Others.

By End User: Automotive, Military, Construction, Banking & Finance and Others.

By Geography: North America, South America, Europe, APAC, and RoW

• Inquiry Before Buying

Key Takeaways

• The reasons for demand growth are the government's initiatives to encourage bullet proof glass use and the proof glass manufacturer's heavy investment.
• A typical bullet proof glass consists of different layers of thermoplastics and laminated glass that form a dense bullet-proof crystal. When a bullet enters, the stresses associated with the impact the bullet creates on the glass can very easily be treated. Such bullet proof glasses have such advanced characteristics as the preferred option in large numbers of military bases and other cars with blinds.
• Growth in the military segment will be guided by increasing the use of bulletproof glass in military installations, bomb disposal, mine detection and intelligence control, combat tanks, and infantry vehicles.
• The key trends found in the bullet-resistant glass market in India focus players on providing customer solutions for bulletproofing, collaborating with security organizations, and focusing on providing value-added goods that include additional features such as heat insulation / fireproof and UV protection.

• Schedule a Call

Application - Segment Analysis

Defense segment has been the primary market for Bulletproof Glass for many years at a CAGR. Bullet-Proof glasses are used to defend ballistic ally from all potential attacks. The military around the globe uses such transparent armors extensively. As of 2019, the US has more than USD 675 billion in its largest military budget in the world. About 8.8 percent of Saudi Arabia's most important GDP in the world spends on defense. Bulletproof lenses are constructed out of a thermoplastic film of laminated glass. The requisite degree of protection also defines the bullet-resistant glass thickness. Since the thicker, splinter and stronger bulletproof glass is faced with a greater threat from military vehicles than civil ones, it is designed to be mounted. In addition, structures such as cabinets with special bulletproof view windows have also been built. During the forecast period, all the above-mentioned factors should drive the bulletproof glass market.

End Use - Segment Analysis

Automotive segment has been the primary market for Bulletproof Glass for many years at a CAGR 12.6%. Bullet-resistant glass is one of the most important component of a passenger armored vehicle; most shooters aim at the windows because they can see through it. The ballistic glass is made of highly resistant, optically advanced, and transparent materials which in combination can stop most of the bullets available in the world today. A combination of several layers of glass and avant-garde flexible, transparent materials provide for the best of optics and protection ranging from low-level hand-gun to high power rifle ballistic protection. Unfortunately, bullet resistance, for both windshields and side windows, does come with a higher price tag than standard windshields and side windows, armored windows. It also makes a vehicle heavier. It is more expensive to manufacture and, if broken, more expensive to replace. These vehicles usually are retrofitted with bullet-resistant glass as factory installation by automobile manufacturers is extremely limited and generally reserved for luxury brands like Audi, BMW and Mercedes.

We also publish more than 100 reports every month in "Lifesciences and Healthcare”, Go through the Domain if there are any other areas for which you would like to get a market research study."