Global Bulletproof Security Glass Market Outlook to 2026: CAGR to Grow at 11.3%
DUBLIN, Sept. 13, 2018 /PRNewswire/ --
The "Global Bulletproof Security Glass Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026" report has been added to ResearchAndMarkets.com's offering.
The global bulletproof security glass market accounted for US$ 4.24 Bn in 2017, and is expanding at a CAGR of 11.3% from 2018 to 2026.
The bulletproof glass market is mainly driven by growing demand of global automotive industry. This coupled with growing demand from tech savvy consumers for various value added automobile products is also propelling the growth of bullet proof security glass market in the automobile segment during the forecast period.
In addition, increasing expansion of financial institutions and services in developing countries followed by huge infrastructural development is also expected to augment the market demand during the forecast period.
Growing demand from defense and military installations is also driving the global bulletproof security glass market. Trend shows that manufactures are focusing on developing innovative bulletproof security glasses owing to the rising security concerns from defense and military industry. For example, Saint-Gobain Crystals deals with transparent sapphire glass armoring that aims to protect military vehicles.
Increasing demand owing to rising security concerns following higher crime rates and terror attacks are other factors expected to drive the global bulletproof security glass market.
However, regulatory bodies are focusing on lowering emission rates which has hampered the process of development of lighter bulletproof glass which in turn is restraining the market growth during the forecast period. In addition, increasing cost of various raw materials such as polycarbonate is also expected to hamper the growth of this market.
The global bulletproof security glass market has been segmented by end-user, application and geography. In 2017, automotive segment dominated the global bulletproof security glass market by end-users. The growth is mainly attributed to growing use of armored vehicles to prevent blast attacks.
Manufacturers are mainly focusing on developing new bulletproof security glasses to cater to the rising security concerns arising out of automobile industry. For example, Tyneside Safety Glass, based in UK, provides various bulletproof security glass that includes flat panel glass and curved glass constructions for motorsport vehicles, production cars, hobby kit cars and recycling collection lorries among others to cater to the security concerns that arise out of its automotive segment.
In terms of application, defense & VIP vehicles segment held the largest revenue and volume share in 2017 owing to rising incidences of terrorism, political violence and civil unrest. Hence users are resorting to bulletproof security glass for defense and VIP vehicles.
In terms of geography, North America is the most prominent market and held the largest market share both in terms of value and volume in the global bulletproof glass market. High demand of bulletproof security glass products in the U.S from various end user industries that includes automobile, defense and security is expected to trigger the market growth in North America region during the forecast period.
Manufacturers in the U.S. and Canada are also focusing on investing in research and development and expanding its operation to develop innovative bulletproof security glasses which in turn is driving the North America bulletproof security glass market during the forecast period. For example, Prelco Inc, based in Canada, expanded its operation of specialized glass manufacturing in Saint-Jacques by providing glass products that includes bulletproof security glasses for automobile, industrial and commercial market.
Key Topics Covered
Chapter 1 Preface
1.1 Report Scope and Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I - Secondary Research
1.3.2 Phase II - Primary Research
1.3.3 Phase III - Expert Panel Review
1.3.4 Approach Adopted
1.3.5 Top-Down Approach
1.3.6 Bottom-Up Approach
1.3.7 Assumptions
1.4 Market Segmentation
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Bulletproof Security Glass Market
2.1.1 Global Bulletproof Security Glass Market, by End-user, 2017 (000 Sq. Meters) (US$ Bn)
2.1.2 Global Bulletproof Security Glass Market, by Application, 2017 (000 Sq. Meters) (US$ Bn)
2.1.3 Global Bulletproof Security Glass Market, by Geography, 2017 (000 Sq. Meters) (US$ Bn)
Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.1.1 Increase in Automotive and Commercial application
3.2.1.2 Rising Security Concerns following Higher Crime Rates and Terror Attacks
3.2.1.3 Driver
3.2.2 Market Restraints
3.2.2.1 Increasing Cost of Raw Materials
3.2.2.2 Restraint
3.2.3 Market Opportunities
3.2.3.1 Increase in Defense Expenditure of Developing economies
3.2.3.2 Increase in Research and Development Expenditure to develop new technology for Bulletproof Security Glasses
3.3 Attractive Investment Proposition, by Geography, 2017
3.4 Market Positioning of Key Players, 2017
Chapter 4 Global Bulletproof Security Glass Market, by End-user
4.1 Overview
4.1.1 Global Bulletproof security glass Market Value Share, by End-user, 2017 & 2026 (Value, %)
4.1.2 Global Bulletproof Security Glass Market, by End-user, 2016 - 2026 (000 Sq. Meters) (US$ Bn)
4.2 Automotive
4.2.1 Global Automotive Bulletproof Security Glass Market, 2016 - 2026 (000 Sq. Meters) (US$ Bn)
4.3 Military
4.3.1 Global Military Bulletproof Security Glass Market, 2016 - 2026 (000 Sq. Meters) (US$ Bn)
4.4 Construction
4.4.1 Global Construction Bulletproof Security Glass Market, 2016 - 2026 (000 Sq. Meters) (US$ Bn)
4.5 Banking and Finance
4.5.1 Global Banking and Finance Bulletproof Security Glass Market, 2016 - 2026 (000 Sq. Meters) (US$ Bn)
4.6 Others (election departments, presidential gatherings)
4.6.1 Global Others Bulletproof Security Glass Market, 2016 - 2026 (000 Sq. Meters) (US$ Bn)
Chapter 5 Global Bulletproof Security Glass Market, by Application
5.1 Overview
5.1.1 Global Bulletproof Security Glass Market Value Share, by Application, 2017 & 2026 (Value, %)
5.1.2 Global Bulletproof Security Glass Market, by Application, 2016 - 2026 (000 Sq. Meters) (US$ Bn)
5.2 Defense & VIP Vehicles
5.2.1 Global Bulletproof Security Glass Market, by Defense & VIP vehicles, 2016 - 2026 (000 Sq. Meters) (US$ Bn)
5.3 Cash-in-Transit Vehicles
5.3.1 Global Bulletproof Security Glass Market, by Cash-in-Transit Vehicles, 2016 - 2026 (000 Sq. Meters) (US$ Bn)
5.4 Commercial Buildings
5.4.1 Global Bulletproof Security Glass Market, by Commercial Buildings, 2016 - 2026 (000 Sq. Meters) (US$ Bn)
5.5 Government & Law Enforcement Bodies
5.5.1 Global Bulletproof Security Glass Market, by Government & Law Enforcement Bodies, 2016 - 2026 (000 Sq. Meters) (US$ Bn)
5.6 ATM Booths & Teller Stations
5.6.1 Global Bulletproof Security Glass Market, by ATM Booths & Teller Stations, 2016 - 2026 (000 Sq. Meters) (US$ Bn)
5.7 Others
5.7.1 Global Bulletproof Security Glass Market, by Others, 2016 - 2026 (000 Sq. Meters) (US$ Bn)
Chapter 6 Global Bulletproof Security Glass Market, by Geography
6.1 Overview
6.1.1 Global Bulletproof Security Glass Market Value Share, by Geography, 2017 & 2026 (Value %)
6.1.2 Global Bulletproof Security Glass Market, by Geography 2016 - 2026 (000 Sq. Meters) (US$ Bn)
6.2 North America
6.2.1 North America Bulletproof Security Glass Market, by End-user, 2016 - 2026 (000 Sq. Meters) (US$ Bn)
6.2.2 North America Bulletproof Security Glass Market, by Application, 2016 - 2026 (000 Sq. Meters) (US$ Bn)
6.2.3 North America Bulletproof Security Glass Market, by Country (000 Sq. Meters) (US$ Bn)
6.3 Europe
6.3.1 Europe Bulletproof Security Glass Market, by End-user, 2016 - 2026 (000 Sq. Meters) (US$ Bn)
6.3.2 Europe Bulletproof Security Glass Market, by Application, 2016 - 2026 (000 Sq. Meters) (US$ Bn)
6.3.3 Europe Bulletproof Security Glass Market, by Country/Region (000 Sq. Meters) (US$ Bn)
6.4 Asia Pacific
6.4.1 Asia Pacific Bulletproof Security Glass Market, by End-user, 2016 - 2026 (000 Sq. Meters) (US$ Bn)
6.4.2 Asia Pacific Bulletproof Security Glass Market, by Application, 2016 - 2026 (000 Sq. Meters) (US$ Bn)
6.4.3 Asia Pacific Bulletproof security glass Market, by Country/Region (000 Sq. Meters) (US$ Bn)
6.5 Latin America
6.5.1 Latin America Bulletproof Security Glass Market, by End-user, 2016 - 2026 (000 Sq. Meters) (US$ Bn)
6.5.2 Latin America Bulletproof Security Glass Market, by Application, 2016 - 2026 (000 Sq. Meters) (US$ Bn)
6.5.3 Latin America Bulletproof Security Glass Market, by Country/Region (000 Sq. Meters) (US$ Bn)
6.6 Middle East & Africa
6.6.1 Middle East & Africa Bulletproof Security Glass Market, by End-user, 2016 - 2026 (000 Sq. Meters) (US$ Bn)
6.6.2 Middle East & Africa Bulletproof Security Glass Market, by Application, 2016 - 2026 (000 Sq. Meters) (US$ Bn)
6.6.3 Middle East & Africa Bulletproof Security Glass Market, by Region (000 Sq. Meters) (US$ Bn)
Chapter 7 Company Profiles
7.1 Saint-Gobain S.A.
7.2 Asahi Glass Co. Ltd.
7.3 Taiwan Glass Ind. Corp
7.4 American Glass Products
7.5 Schott AG
7.6 Consolidated Glass Holdings Inc.
7.7 China Specialty Glass AG
7.8 Nippon Sheet Glass Co. Ltd
7.9 Guangdong Golden Glass Technologies Limited
7.10 Total Security Solutions
7.11 Guardian Glass
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