Bulletproof Glass Market Driven by Rise in the Number of Financial Institutions Coupled With Demand for High Security in Many Applications: Radiant Insights, Inc.

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Radiant Insights, Inc.

04 Sep, 2018, 10:45 BST

SAN FRANCISCO, September 4, 2018 /PRNewswire/ --

Global Bulletproof Glass Industry is expected to rise at a positive CAGR in the forthcoming period. A bulletproof glass, as the name suggests, resists a strong attack from attackers and particularly offers a strong resistance for an object to penetrate. Technically, it is made from layers of two or multiple glass under a hard-soft combination. Commercially, the importance of bulletproof glass is increasing due to rise in number of financial institutions and commercial outlets.Bulletproof glass industry is driven by factors such as growing needs of security coupled with increase in mob and terrorist attacks. The market is paving the way further in terms of deployment in trucks, bank vehicles, and ATM booths. Rise in the number of financial institutions coupled with demand for high security in many applications in developing economies is witnessing a significant contribution to the market growth in the forecast period.

Bulletproof glass industry is fragmented into end-use, application, and geography. End-use segmentation for bulletproof glass market includes banking & finance, construction & automotive. Application segment for bulletproof glass market includes cash-in transit, defense & VIP vehicles, and commercial buildings. VIP vehicles and commercial buildings segment account for a major share in the market due to high demand and rise in infrastructural development.Regional segmentation for bulletproof glass industry includes North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. North America dominates the global market due to rise in resistive techniques used by manufacturers due to increase in thefts and robberies. Other factors like high demand for bulletproof glass in vehicles are likely to create favorable opportunities in the forecast period. Use of bulletproof glass for defence service vehicles also contributes to the market growth in the forecast period.

Access 129 page research report with TOC on "Bulletproof Glass Industry" available with Radiant Insights, Inc. @ https://www.radiantinsights.com/research/global-bulletproof-glass-industry-2018

Asia-Pacific's bulletproof glass industry is expected to gain a positive traction in the forthcoming period due to raise in finance sector and infrastructural development activities. Presence of untapped potential in APAC's market leading to lucrative opportunities is likely to gain a positive traction in the forthcoming period. Prominent players in the bulletproof glass industry include Asahi Glass Co Ltd, China Specialty Co, Saint-Gobain S.A., Consolidated Glass Holdings Inc, SCHOTT AG, Total Security Solutions, SCHOTT AG, D.W. Price Security, Apogee Enterprises Inc and National Glass

In this report, the global Bulletproof Glass market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Bulletproof Glass in these regions, from 2013 to 2025 (forecast), covering 

•    North America

•    Europe

•    China

•    Japan

•    Southeast Asia

•    India

Global Bulletproof Glass market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including 

•    Asahi Glass

•    NSG

•    Saint-Gobain

•    Guardian

•    Sisecam

•    SCHOTT

•    Global Security Glazing

•    Dupont

•    ESG Secure

•    Romag

•    KS-Security

•    C3S

•    D.W. Price Security

•    O'Brien

•    Viridian

•    Armor Glass

•    Dlubak Glass

•    Glass South Africa

•    Fuyao Group

•    CSG Holding

•    Xinyi Glass

•    Guangdong Golden Glass

•    Lvyuan Glass

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into 

•    Unidirectional

•    Two-Way

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including 

•    Aviation

•    Bank

•    Vehicles & Ships

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SOURCE Radiant Insights, Inc.