LONDON, July 13, 2017 /PRNewswire/ --
Highlights
· The global
bulletproof glass market is projected to grow at a CAGR of 13.6 %
from 2017 to 2022
· The global
bulletproof glass market is projected to reach USD 7.65 billion by 2022, at a CAGR of 13.6% from
2017 to 2022.
· The major
reasons for the growth of the bulletproof glass market include the
increasing incidences of security threats, political disputes,
civil unrest, armed conflicts, and terrorism, globally.
· Automotive is
the largest segment of the bulletproof glass market
· The automotive
segment led the bulletproof glass market in 2016.
· Defense &
VIP vehicles is the fastest-growing application segment in the
global bulletproof glass market
· The defense
& VIP vehicles application segment is projected to witness the
highest growth from 2017 to 2022.
· The increasing
use of bulletproof glass to ensure safety and security of VIPs, and
officials of various embassies and governments, among others is
expected to contribute towards the growth of the bulletproof glass
market.
· North America led the global bulletproof glass
market in 2016
"The global bulletproof glass market is projected to grow at
a CAGR of 13.6 % from 2017 to 2022"
The global bulletproof glass market is projected to reach
USD 7.65 billion by 2022, at a CAGR
of 13.6% from 2017 to 2022. The major reasons for the growth of the
bulletproof glass market include the increasing incidences of
security threats, political disputes, civil unrest, armed
conflicts, and terrorism, globally.
"Automotive is the largest segment of the bulletproof glass
market"
The automotive segment led the bulletproof glass market in 2016. In
the automotive segment, armored vehicles are used by governments,
embassies, banks, VIPs, and others for protection from ballistic or
blast attacks. Bulletproof glass is commonly used in windscreens,
side and rear windows, and glass panel roofs on a vehicle to
protect from ballistic attacks.
"Defense & VIP vehicles is the fastest-growing application
segment in the global bulletproof glass market"
The defense & VIP vehicles application segment is projected to
witness the highest growth from 2017 to 2022. The increasing use of
bulletproof glass to ensure safety and security of VIPs, and
officials of various embassies and governments, among others is
expected to contribute towards the growth of the bulletproof glass
market.
"North America led the global
bulletproof glass market in 2016"
North America led the global
bulletproof glass market in 2016. The bulletproof glass market in
North America is projected to
witness the highest growth in the coming years. Growing demand for
bulletproof glass across various end users is anticipated to have a
positive impact on the growth of the bulletproof glass market in
the region.
Profile break-up of primary participants for the report:
• By Company Type: Tier 1 – 35%, Tier 2 – 35%, Tier 3 – 30%
• By Designation: C level – 25%, Director level – 30%, Others1 –
45%
• By Region: North America – 35%,
Europe –24%, Asia-Pacific – 20%, Middle East & Africa – 12%, South & Central America – 9%¬
Others1 include sales, marketing, and product managers
Furthermore, as a part of qualitative analysis, the research
provides a comprehensive review of the major market drivers,
restraints, opportunities, and challenges. It also discusses
competitive strategies adopted by key market players, such as Asahi
Glass Co., Ltd. (Japan), China
Specialty Glass AG (China), Nippon
Sheet Co., Ltd. (Japan),
Saint-Gobain S.A. (France),
Consolidated Glass Holdings, Inc. (U.S.), Total Security Solutions
(U.S.), SCHOTT AG (Germany), D.W. Price Security (U.K.),
Smartglass International Ltd. (Ireland), Apogee Enterprises, Inc. (U.S.), and
National Glass (South Africa).
Research Coverage:
The report defines, segments, and projects the global bulletproof
glass market on the basis of end user, application, security level,
and region. It provides detailed information regarding the major
factors influencing the growth of the market, such as drivers,
restraints, opportunities, and industry-specific challenges. It
also strategically profiles key players and comprehensively
analyzes their market share and core competencies and tracks and
analyzes competitive developments.
Reasons to buy the report:
The report will help the market leaders/new entrants in this market
by providing them the closest approximations of the revenue numbers
for the overall bulletproof glass market and the subsegments. This
report will help stakeholders to understand the competitor
landscape better and gain more insights to position their
businesses better and make suitable go-to-market strategies. The
report also helps the stakeholders understand the pulse of the
market and provides them information on the main market drivers,
restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Market Penetration: Comprehensive information on bulletproof
glass offered by top players in the bulletproof glass market
• Product Development/Innovation: Detailed insight on technologies,
and research & development activities in the bulletproof glass
market
• Market Development: Comprehensive information about lucrative
emerging markets – the report analyzes the markets for bulletproof
glasses across regions
• Market Diversification: Exhaustive information about
manufacturers, untapped geographies, expansions, and investments in
the bulletproof glass market
• Competitive Assessment: In-depth assessment of market shares,
strategies, products, and manufacturing capabilities of the leading
players in the bulletproof glass market
Download the full report:
https://www.reportbuyer.com/product/4970266/
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