Bullet Proof Glass Market 2023-2032: Business Outlook, Growth, Segments, Future Scope And Industry Analysis || Asahi Glass Co. Ltd., Apogee Enterprises Inc., Armortex, Saint-Gobain, Schott AG, Smartglass International Limited

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Bullet Proof Glass Market Size, Growth Rate, And Forecast

The global bullet proof glass market size is expected to grow from $5.99 billion in 2022 to $6.76 billion in 2023 at a compound annual growth rate (CAGR) of 12.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global bullet proof glass market size is expected to reach $10.48 billion in 2027 at a CAGR of 11.6%.

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Bullet Proof Glass Market Drivers

The growing number of terrorist attacks across the globe is expected to propel the growth of the bulletproof glass market going forward. Terrorist attacks refer to the unlawful use of violence or threats to terrorize or compel a civilian population or government to achieve political, social, or ideological goals. Businesses and government organizations are increasingly preferring bulletproof glass as a security measure due to reasons such as protection against bullets, gunfire, explosives, vandalism during terrorist attacks. For instance, in March 2023, according to the Institute for Economics and Peace (IEP), an Australia-based non-profit research organization dedicated to the study of peace, the Sahel region in sub-Saharan Africa accounted for 43% of global terrorism deaths in 2022, of which Burkina Faso and Mali accounted for 73% of terrorism deaths in the Sahel in 2022. Additionally, deaths in Burkina Faso increased by 50% to 1,135 and in Mali by 56% to 944 in 2022. With the majority of attacks occurring in the Middle East and North Africa, followed by South Asia and Sub-Saharan Africa. Therefore, the growing number of terrorist attacks across the globe is driving the growth of bulletproof glass.

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Bullet Proof Glass Market Segments

• By Type: Solid Acrylic, Traditional Laminated, Polycarbonate, Glass-Clad Polycarbonate, Other Types

• By Security Levels: Security Level-1, Security Level-2, Security Level-3, Security Level-4 to 8

• By Application: Defense And VIP Vehicles, ATM Booths And Teller Stations, Cash-in-Transit Vehicles, Commercial Buildings, Government And Law Enforcement, Other Application

• By End-Use: Automotive, Military, Banking And Finance, Construction, Other End-Use

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the bullet proof glass market.

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Bullet Proof Glass Market Key Players
Major competitors in the bullet proof glass market are Asahi Glass Co. Ltd., Apogee Enterprises Inc., Armortex, Saint-Gobain, Schott AG, Smartglass International Limited, Total Security Solutions, Consolidated Glass Holdings Inc., Taiwan Glass Industry Corporation, Binswanger Glass, National Glass Distribution, Fuyao North America Inc.

The Business Research Company's "Global Bullet Proof Glass Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Bullet Proof Glass Market Include:
1. Executive Summary
2. Bullet Proof Glass Market Characteristics
3. Bullet Proof Glass Market Trends And Strategies
4. Bullet Proof Glass Market - Macro Economic Scenario
5. Bullet Proof Glass Market Size And Growth
………………
27. Bullet Proof Glass Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Bullet Proof Glass Market
29. Bullet Proof Glass Market Future Outlook and Potential Analysis
30. Appendix

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