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Global Bulletproof Glass Market to reach USD 15.09 billion by the end of 2029.

Global Bulletproof Glass Market Size study & Forecast, by Type (Solid Acrylic, Traditional Laminated, Polycarbonate, Glass-clad Polycarbonate, Other) By Industry (Automotive, Buildings and Construction, Defense, Other) and Regional Analysis, 2022-2029

Product Code: CMAM-92544092
Publish Date: 5-05-2023
Page: 200

Global Bulletproof Glass Market is valued at approximately USD 6.74 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 10.6% over the forecast period 2022-2029. Bulletproof glass, also known as ballistic glass, is a type of strong and durable glass that is designed to resist the impact of bullets and other projectiles. The Bulletproof Glass market is expanding because of factors such as increasing incidence of riots and growing rate of gun violence.

Bulletproof glass is commonly used in high-security locations such as banks, embassies, government buildings, and other sensitive locations where there is a risk of armed attack. Its prevalence has progressively increased during the last few decades. According to Statista, over 9,000 riot cases due to land and property disputes were reported across India in 2021. In addition, over 4000 rivalry or animosity riot cases and over 3000 family dispute cases were reported in the country. Furthermore, the Indian state of Haryana had about eight riot cases per 100,000 inhabitants in 2021. This was followed by the coastal state of Maharashtra, with seven cases per 100 thousand inhabitants in the state. Another important component driving space increase is the rate of gun violence. According to the Centers for Disease Control and Prevention, In 2020, 54% of all gun-related deaths in the U.S. were suicides, while 43% were murdered. The remaining gun deaths that year were unintentional, involved law enforcement or had undetermined circumstances. In addition, in 2020, as per The National Crime Records Bureau, 44789 firearm cases have been registered in India. Also, rising consumer awareness for personal safety and increasing the development of safety features in automobiles would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Bulletproof Glass stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Bulletproof Glass Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the increase in the rate of gun violence within the region. Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the increasing number of construction projects undertaken in developing countries such as India and China require high-end safety and security in the market space.

Major market player included in this report are:

AGC Inc
China Specialty Glass AG
Nippon Sheet Co., Ltd.
Saint-Gobain S.A.
Consolidated Glass Holdings, Inc.
Total Security Solutions
SCHOTT AG
D.W. Price Security
Smartglass International Ltd.
Apogee Enterprises, Inc.

Recent Developments in the Market:
Ø In February 2023, Saint-Gobain SA acquired UP Twiga Fiberglass Ltd in India. UP Twiga strengthens Saint-position Gobain’s in interior and facade solutions in India, which will benefit from higher building performance requirements and a strong demand for thermal, and energy-efficient solutions.

Global Bulletproof Glass Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Industry, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

Type
Solid Acrylic
Traditional Laminated
Polycarbonate
Glass-clad Polycarbonate
Other

Industry
Automotive
Buildings and Construction
Defense
Other

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Bulletproof Glass Market, by Region, 2019-2029 (USD Billion)
1.2.2. Bulletproof Glass Market, by Type, 2019-2029 (USD Billion)
1.2.3. Bulletproof Glass Market, by Industry, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Bulletproof Glass Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Bulletproof Glass Market Dynamics
3.1. Bulletproof Glass Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Increasing incidence of riots
3.1.1.2. Growing rate of gun violence
3.1.2. Market Challenges
3.1.2.1. High Cost of Bulletproof Glass
3.1.3. Market Opportunities
3.1.3.1. Rising consumer awareness for personal safety
3.1.3.2. Increasing development of safety features in automobiles
Chapter 4. Global Bulletproof Glass Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Bulletproof Glass Market, by Type
6.1. Market Snapshot
6.2. Global Bulletproof Glass Market by Type, Performance – Potential Analysis
6.3. Global Bulletproof Glass Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Bulletproof Glass Market, Sub Segment Analysis
6.4.1. Solid Acrylic
6.4.2. Traditional Laminated
6.4.3. Polycarbonate
6.4.4. Glass-clad Polycarbonate
6.4.5. Other
Chapter 7. Global Bulletproof Glass Market, by Industry
7.1. Market Snapshot
7.2. Global Bulletproof Glass Market by Industry, Performance – Potential Analysis
7.3. Global Bulletproof Glass Market Estimates & Forecasts by Industry 2019-2029 (USD Billion)
7.4. Bulletproof Glass Market, Sub Segment Analysis
7.4.1. Automotive
7.4.2. Buildings and Construction
7.4.3. Defense
7.4.4. Other
Chapter 8. Global Bulletproof Glass Market, Regional Analysis
8.1. Bulletproof Glass Market, Regional Market Snapshot
8.2. North America Bulletproof Glass Market
8.2.1. U.S. Bulletproof Glass Market
8.2.1.1. Type breakdown estimates & forecasts, 2019-2029
8.2.1.2. Industry breakdown estimates & forecasts, 2019-2029
8.2.2. Canada Bulletproof Glass Market
8.3. Europe Bulletproof Glass Market Snapshot
8.3.1. U.K. Bulletproof Glass Market
8.3.2. Germany Bulletproof Glass Market
8.3.3. France Bulletproof Glass Market
8.3.4. Spain Bulletproof Glass Market
8.3.5. Italy Bulletproof Glass Market
8.3.6. Rest of Europe Bulletproof Glass Market
8.4. Asia-Pacific Bulletproof Glass Market Snapshot
8.4.1. China Bulletproof Glass Market
8.4.2. India Bulletproof Glass Market
8.4.3. Japan Bulletproof Glass Market
8.4.4. Australia Bulletproof Glass Market
8.4.5. South Korea Bulletproof Glass Market
8.4.6. Rest of Asia Pacific Bulletproof Glass Market
8.5. Latin America Bulletproof Glass Market Snapshot
8.5.1. Brazil Bulletproof Glass Market
8.5.2. Mexico Bulletproof Glass Market
8.5.3. Rest of Latin America Bulletproof Glass Market
8.6. Rest of The World Bulletproof Glass Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. AGC Inc
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. China Specialty Glass AG
9.2.3. Nippon Sheet Co., Ltd.
9.2.4. Saint-Gobain S.A.
9.2.5. Consolidated Glass Holdings, Inc.
9.2.6. Total Security Solutions
9.2.7. SCHOTT AG
9.2.8. D.W. Price Security
9.2.9. Smartglass International Ltd.
9.2.10. Apogee Enterprises, Inc.

Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Data Collection:
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In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
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To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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