Bulletproof Glass Market Report, by End-Use Industry (Financial Services Industry, Automotive Industry, Construction Industry, and Others), by Application (Defense & VIP Vehicles, Cash-In-Transit Vehicles, Commercial Buildings, Government & Law Enforcement Bodies, ATM Booths & Teller Stations, and Others), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)- Size, Share, Trends, and Forecast 2019 - 2027

  • Published On : Jul 2019 |
  • Pages : 154 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Global Bulletproof Glass Market - Insights

Global bulletproof glass market is expected to witness significant growth during the forecast period of 2019–2027. Growing demand for bulletproof glass from the transportation and automotive sectors, requirement for safety measures, rising number of commercial, residential and infrastructure applications, increasing government concerns with respect to public safety and security, followed by infrastructure development in emerging economies are some of the factors driving the market growth. With the rise in crime rates and terror attacks around the world, has led to an increase in safety and security concerns which is expected to propel growth of the bulletproof glass market across the globe. As a result, key players in the market are adopting various business strategies such as partnerships to strengthen their foothold in the global market. For instance, in October 2013, Grey Mountain Partners acquired Dlubak Corp., a subsidiary of Consolidated Glass Holdings, Inc. which manufactures bullet-resistant glass in its fabrication plant located in Blairsville, U.S.

Figure 1. Global Bulletproof Glass Market Share (%), by Region (2018 & 2027)

Bulletproof Glass  | Coherent Market Insights
 
Source: Coherent Market Insights, 2018-19

North America Bulletproof Glass Market accounted for largest share in 2018

North America is expected to be the largest and fastest growing region in the bulletproof glass market during the forecast period (2019-2027) owing to increasing demand for bulletproof glass from the automobile industry. Manufacturers such as BMW, Ford, Audi, and Volkswagen are launching bulletproof vehicles in the region which is projected to augment growth of the bulletproof glass market in North America. Furthermore, increasing defense expenditure as well as increasing research and development activities for development of advanced bulletproof glass by the U.S. government, followed by growth in segments such as infrastructure and healthcare is also expected to spur demand for bulletproof glass during the forecast period. According to Coherent Market Insights analysis, the U.S. defense expenditure increased from US$ 521 Bn in 2017 to US$ 639 Bn in 2018, which, in turn, is expected to drive demand for bulletproof security glass in the next few years. Additionally, increasing number of armed robberies in the U.S. is also expected to contribute to the growing demand for bulletproof glass in the region, thereby augmenting the global bulletproof glass market growth.

Figure 2. Global Bulletproof Glass Market Share (%), By End-Use Industry (2018 & 2027)

Bulletproof Glass  | Coherent Market Insights

Source: Coherent Market Insights, 2018-19

On the basis of end-use industry, the global bulletproof glass market is segmented into the financial services industry, automotive industry, construction industry, and others. The automotive industry segment is expected to be the largest and fastest growing segment in the global bulletproof glass market during forecast period, owing to increasing deployment of bulletproof glass in the automotive sector. Armored vehicles used by VIP personnel, government embassies, and banks are fitted with bulletproof glass. Furthermore, the side and rear windows, vehicle windscreens and glass panel roofs are fitted with bulletproof glass, which can protect the vehicle from ballistic attacks. For instance, Lasco International Group, based in the U.S, provides bullet resistant flat glass and laminated window auto glass to the automotive industry. The armored auto glass segment of the company reproduces the original shape, safety and comfort, dimensions, and tight blending tolerance of the glass, and thereby optimizing the bullet resistant capacity of the glass meant for application in the automotive industry.

Furthermore, researchers of bulletproof glass are focused on technological innovations, particularly for military application. For instance, in June 2017, Tomsk Polytechnic University researchers are working on developing the transparent ceramics production technology which is used to make bullet resistant glass for military and defense purposes. This technology aims to reduce the weight of the glass by two to three times and thereby increase the ballistic strength of the glass. These factors are expected to drive growth of the global bulletproof glass market in the near future.

Key companies

Some of the key players operating in the global bulletproof glass industry include Saint-Gobain, Asahi Glass Co., Ltd. (AGC Inc.), Nippon Sheet Glass Co., Ltd, GUARDIAN GLASS LLC, ?i?ecam Group, Taiwan Glass Industry Corporation, SCHOTT AG, Phoenicia, Scheuten, and Consolidated Glass Holdings, Inc. among others.

Bulletproof glass, also known as ballistic glass, transparent armor or bullet resistant glass, is an important element of security systems installed at places which are likely to encounter violent assaults such as premium vehicles, armored cash-in-transit trucks, banks, display cases, ATM booths, and other applications that call for advanced security features and may require protection from bullets and small projectiles. Bullet proof glass is made from a variety of materials which include polycarbonates, thermoplastics, acrylics, and glass-clad polycarbonates, depending on the level of protection required for an application. Most bulletproof glass is made of layers that contain one or more of these materials or conventional tempered glass. Bulletproof glass is intended to resist one or more rounds of bullets depending on the thickness of the glass or the weapon that is used to fire at it.

Market Dynamics

Increasing automotive and commercial applications of bulletproof glass and militarization of law enforcement agencies around the world is driving the global bulletproof glass market. Moreover, key players are focusing on product innovations to meet the increasing demand for bulletproof glass from the defense and military industry. For instance, Saint-Gobain Crystals is one of the key manufacturers and suppliers of transparent sapphire glass armoring for military vehicles. The company's transparent armor replaces the conventional glass armor with an advanced ceramic-based product, which is comprised of the large sheets of sapphire laminated with a multiple layers of glass and polycarbonate. However, higher cost of raw materials such as polycarbonate is expected to hinder growth of the global bulletproof glass market.

Key features of the study:

  • This report provides an in-depth analysis of the global bulletproof glass market size (US$ Million), and compound annual growth rate (CAGR %) for the forecast period (2019– 2027), considering 2018 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by leading players
  • It profiles leading players in the global bulletproof glass market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, photodiode sensors market capital, key developments, strategies, and future plans
  • Companies covered as part of global bulletproof glass market study includes Saint-Gobain, Asahi Glass Co., Ltd. (AGC Inc.), Nippon Sheet Glass Co., Ltd, GUARDIAN GLASS LLC, Şişecam Group, Taiwan Glass Industry Corporation, SCHOTT AG, Phoenicia, Scheuten, and Consolidated Glass Holdings, Inc. among others
  • Insights from this report will allow marketers and management authorities of companies to make informed decisions regarding their future product launches, product upgrades, market expansion, and marketing tactics
  • The global bulletproof glass market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global bulletproof glass market

Detailed Segmentation:

  • Global Bulletproof Glass Market, By End-Use Industry:
    • Financial Services Industry
    • Automotive Industry
    • Construction Industry
    • Others
  • Global Bulletproof Glass Market, By Application:
    • Defense & VIP Vehicles
    • Cash-In-Transit Vehicles
    • Commercial Buildings
    • Government & Law Enforcement Bodies
    • ATM Booths & Teller Stations
    • Others
  • Global Bulletproof Glass Market, By Geography:
    • North America
      • By End-Use Industry:
        • Financial Services Industry
        • Automotive Industry
        • Construction Industry
        • Others
      • By Application:
        • Defense & VIP Vehicles
        • Cash-In-Transit Vehicles
        • Commercial Buildings
        • Government & Law Enforcement Bodies
        • ATM Booths & Teller Stations
        • Others
      • By Country:
        • U.S.
        • Canada
    • Europe
      • By End-Use Industry:
        • Financial Services Industry
        • Automotive Industry
        • Construction Industry
        • Others
      • By Application:
        • Defense & VIP Vehicles
        • Cash-In-Transit Vehicles
        • Commercial Buildings
        • Government & Law Enforcement Bodies
        • ATM Booths & Teller Stations
        • Others
      • By Country:
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By End-Use Industry:
        • Financial Services Industry
        • Automotive Industry
        • Construction Industry
        • Others
      • By Application:
        • Defense & VIP Vehicles
        • Cash-In-Transit Vehicles
        • Commercial Buildings
        • Government & Law Enforcement Bodies
        • ATM Booths & Teller Stations
        • Others
      • By Country:
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • By End-Use Industry:
        • Financial Services Industry
        • Automotive Industry
        • Construction Industry
        • Others
      • By Application:
        • Defense & VIP Vehicles
        • Cash-In-Transit Vehicles
        • Commercial Buildings
        • Government & Law Enforcement Bodies
        • ATM Booths & Teller Stations
        • Others
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Middle East & Africa
      • By End-Use Industry:
        • Financial Services Industry
        • Automotive Industry
        • Construction Industry
        • Others
      • By Application:
        • Defense & VIP Vehicles
        • Cash-In-Transit Vehicles
        • Commercial Buildings
        • Government & Law Enforcement Bodies
        • ATM Booths & Teller Stations
        • Others
      • By Country:
        • GCC Countries
        • South Africa
        • Rest of Middle East & Africa
  • Company Profiles
    • Saint-Gobain *
      • Company Introduction
      • Key Developments
      • Financial Overview
      • Strategic Overview
    • Asahi Glass Co., Ltd. (AGC Inc.)
    • Nippon Sheet Glass Co., Ltd
    • GUARDIAN GLASS LLC
    • Şişecam Group
    • Taiwan Glass Industry Corporation
    • SCHOTT AG
    • Phoenicia
    • Scheuten
    • Consolidated Glass Holdings, Inc.

 “*” marked represents similar segmentation in other categories in the respective section.

Table Of Content

Section 1

Research Objectives and Assumption

  • Research Objectives
  • Assumptions
  • Abbreviations

Section 2

Market Purview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Top 3 Market Findings
    • Top 3 Market Opportunity
    • Market Snippet By End-Use Industry
    • Market Snippet By Application
    • Market Snippet By Region
  • CMI Opportunity Map (COM)

Section 3

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Challenges
    • Impact Analysis
  • Market Opportunities
    • Key Trends

Section 4

Global Bulletproof Glass Market, By End-Use Industry, 2017 - 2027 (US$ Million)

  • Introduction
    • Market Share Analysis, 2018 and 2027 (%)
  • Segment Trends
  • Financial Services Industry
    • Introduction
    • Market Size and Forecast, 2017 - 2027, (US$ Million)
  • Automotive Industry
    • Introduction
    • Market Size and Forecast, 2017 - 2027, (US$ Million)
  • Construction Industry
    • Introduction
    • Market Size and Forecast, 2017 - 2027, (US$ Million)
  • Others
    • Introduction
    • Market Size and Forecast, 2017 - 2027, (US$ Million)

Section 5

Global Bulletproof Glass Market, By Application, 2017 - 2027 (US$ Million)

  • Introduction
    • Market Share Analysis, 2018 and 2027 (%)
  • Segment Trends
  • Defense & VIP Vehicles
    • Introduction
    • Market Size and Forecast, 2017 - 2027, (US$ Million)
  • Cash-In-Transit Vehicles
    • Introduction
    • Market Size and Forecast, 2017 - 2027, (US$ Million)
  • Commercial Buildings
    • Introduction
    • Market Size and Forecast, 2017 - 2027, (US$ Million)
  • Government & Law Enforcement Bodies
    • Introduction
    • Market Size and Forecast, 2017 - 2027, (US$ Million)
  • ATM Booths & Teller Stations
    • Introduction
    • Market Size and Forecast, 2017 - 2027, (US$ Million)
  • Others
    • Introduction
    • Market Size and Forecast, 2017 - 2027, (US$ Million)

Section 6

Global Bulletproof Glass Market, By Geography, 2017 - 2027 (US$ Million)

    • Introduction
    • Market Share Analysis, By Region, 2018 and 2027 (%)
  • North America
  • Introduction
    • Market Size and Forecast, By End-Use Industry, 2017 - 2027 (US$ Million)
    • Market Size and Forecast, By Application, 2017 - 2027 (US$ Million)
    • Market Share Analysis, By Country 2018 and 2027 (%)
  • Country Trend
    • S.
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million)
    • Canada
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million)
  • Europe
  • Introduction
    • Market Size and Forecast, By End-Use Industry, 2017 - 2027 (US$ Million)
    • Market Size and Forecast, By Application, 2017 - 2027 (US$ Million)
    • Market Share Analysis, By Country 2018 and 2027 (%)
  • Country Trend
    • Germany
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million)
    • Italy
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million)
    • France
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million)
    • Spain
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million)
    • Russia
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million)
    • Rest of Europe
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million)
  • Asia Pacific
  • Introduction
    • Market Size and Forecast, By End-Use Industry, 2017 - 2027 (US$ Million)
    • Market Size and Forecast, By Application, 2017 - 2027 (US$ Million)
    • Market Share Analysis, By Country 2018 and 2027 (%)
  • Country Trend
    • China
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million)
    • India
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million)
    • Japan
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million)
    • ASEAN
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million)
    • Australia
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million)
    • South Korea
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million)
    • Rest of Asia Pacific
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million)
  • Latin America
  • Introduction
    • Market Size and Forecast, By End-Use Industry, 2017 - 2027 (US$ Million)
    • Market Size and Forecast, By Application, 2017 - 2027 (US$ Million)
    • Market Share Analysis, By Country 2018 and 2027 (%)
  • Country Trend
    • Brazil
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million)
    • Mexico
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million)
    • Argentina
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million)
    • Rest of Latin America
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million)
  • Middle East
  • Introduction
    • Market Size and Forecast, By End-Use Industry, 2017 - 2027 (US$ Million)
    • Market Size and Forecast, By Application, 2017 - 2027 (US$ Million)
    • Market Share Analysis, By Country 2018 and 2027 (%)
  • Country Trend
    • GCC Countries
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million)
    • South Africa
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million)
    • Rest of Middle East & Africa
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million)

Section 7

Competitive Landscape

  • Competitive Positioning of Players, 2018
  • Company Profiles
  • Saint-Gobain
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Recent Developments/Updates
      • Asahi Glass Co., Ltd. (AGC Inc.)
      • Nippon Sheet Glass Co., Ltd
      • GUARDIAN GLASS LLC
      • Şişecam Group
      • Taiwan Glass Industry Corporation
      • SCHOTT AG
      • Phoenicia
      • Scheuten
      • Consolidated Glass Holdings, Inc.

Section 8

  • References
  • Research Methodology
  • About us and Sales Contact

*Browse 60 market data tables and 40 figures on "Global Bulletproof Glass Market" - Global forecast to 2027”.

 

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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