U S Bulletproof Glass Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2023 –2030 |
 Market Size (Base Year) |
|
 Market Size (Forecast Year) |
|
 CAGR |
% |
| Major Markets Players |
U.S. Bulletproof Glass Market, By End-User (Automotive, Military, Construction, Banking and Finance and Others), Application (Defense and VIP Vehicles, Government and Law Enforcement, Cash-In-Transit Vehicles, Commercial Buildings, ATM Booths and Teller Stations and Others), Security Levels (Level-1, Level-2, Level-3, Level-4 to 8, Others) - Industry Trends and Forecast to 2030.
U.S. Bulletproof Glass Market Analysis and Size
An increase in the number of burglaries and bank robberies in the United States is the major reasons for the high demand for the bullet proof glasses in this region. Furthermore, the United States is the largest exporter, manufacturer and consumer of bullet-proof glasses because of heavy spending in its military budget. For instance, United States defense outlays in 2018 was USD 621.7 billion and increased to the amount of more than USD 675 billion in 2019. As a result of this, the demand for the bulletproof glass increases, which will expected surge the growth of the market.
Data Bridge Market Research analyses that the bulletproof glass market is expected to reach USD 3,754.22 billion by 2030, which is USD 2,105 billion in 2022, registering a CAGR of 7.5% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand..
U.S. Bulletproof Glass Market Scope and Segmentation
|
Report Metric |
Details |
|
Forecast Period |
2023 to 2030 |
|
Base Year |
2022 |
|
Historic Years |
2021 (Customizable to 2015-2020) |
|
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
|
Segments Covered |
End-User (Automotive, Military, Construction, Banking and Finance and Others), Application (Defense and VIP Vehicles, Government and Law Enforcement, Cash-In-Transit Vehicles, Commercial Buildings, ATM Booths and Teller Stations and Others), Security Levels (Level-1, Level-2, Level-3, Level-4 to 8, Others) |
|
Market Players Covered |
Nippon Sheet Glass Co., Ltd (Japan), Saint-Gobain (France), SCHOTT AG (Germany), AGC Inc. (Japan), Taiwan Glass Industry Corporation (Taiwan), Asahi India Glass Limited (India), Guangzhou Topo Glass Co., Ltd. (China), PPG Industries, Inc. (U.S.), Xinyi Glass Holdings Limited., (China), Total Security Solutions (U.S.), Qingdao Tsing Glass Co. Limited (China), Dellner Romag (U.K.), Guardian Industries Holdings (U.S.), ESG (U.S.), Glasstronn India Private Limited (India) |
|
Market Opportunities |
|
Market Definition
Bulletproof glass is also called ballistic glass, bullet-resistant and transparent armor. It is a type of bullet-resistant thermoplastic that comprises traditional tempered glass. It is generally manufactured by using polycarbonate, thermoplastic, and laminated glass. Polycarbonate is used in bulletproof glass as a soft material. Laminated glass is also a safety glass that goals to hold the glass pieces together when shattered.
U.S. Bulletproof Glass Market Dynamics
Drivers
- Increasing need for safety and protection
There is a rising need for safety and protection. In various industries, such as air traffic control, banking, finance, construction, science, government and education, bullet-proof glasses are in great demand because of increased security requirements. An increasing number of crime terrorist attacks and consequent vehicle developments to increase security is expected to impel the market growth.
- Growing investments in defense and military sector
Bullet proof glasses are used as ballistic protection in defense sector against any type of threat that could happen anytime. These transparent ballistic protection armors are widely used by militaries and defense across this region. According to a survey, in 2019, the United States has the military budget accounting for more than USD 675 billion in defense which is the highest in the all over the world.
Opportunities
- Major players are adopting various growth strategies for the expansion of market
The major market players are adopting various growth strategies, such as acquisitions and collaborations which will create lucrative opportunities for the growth of the bulletproof glass market in this region. For instance, Total Security Solutions extended its Michigan Manufacturing facility with the Grand Opening of a New Facility in 2019 to offer end-to-end bulletproof security services. This new facility is located just down the road from the former space with TSS's administrative and manufacturing capabilities.
- Increasing usage of bulletproof glass in automotive sector
Increasing usage of bulletproof glass in the automotive sector is expected to create lucrative opportunities for the growth of the market during the forecast period. For instance, in 2018, Tesla launched the Model S P100D, an electric car fitted with bulletproof security glass.
Restraints/ Challenges
- High costs associated with the bulletproof glass
The high costs associated with the bulletproof glass is expected to hamper the growth of the market in this region during the forecast period. The testing of bulletproof glass is complex and wide-ranging which adds the cost to the bulletproof glass. As a result, governments and civilians cannot afford this, which will likely obstruct market growth.
- Non-compliance of standard qualities
Manufacturers in this region do not seem to fulfil the international quality standards due to insufficient research and development activities which eventually affects the export activities of the bulletproof glass. As a result of this, the market will negatively hampered during the forecast period.
This bulletproof glass market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the bulletproof glass market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In 2021, Vetrotech Saint-Gobain, a growing expert in fire safety and high-security glass solutions with expertise of over four decades, unveiled a new bullet-resistant glass, a 65mm thick Vetrogard. The product has been developed, tested and certified in India. Vetrotech's first-of-its-kind NIJ bullet-resistant glass in India has been tested to the NIJ standard for Level 3 bullet resistance.
U.S. Bulletproof Glass Market Scope
The bulletproof glass market is segmented on the basis of end-user, application and security levels. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
End-User
- Automotive
- Military
- Construction
- Banking and Finance
- Others
- Presidential Gatherings
- Election Department
Application
- Defense and VIP Vehicles
- Government and Law Enforcement
- Cash-In-Transit Vehicles
- Commercial Buildings
- ATM Booths and Teller Stations
- Others
- Post Offices
- Jewellery Shop
- Retail Stores
- Gas Stations
- Pharmacies
- Schools
- Police Stations
- Government Facilities
Security Levels
- Level-1
- Level-2
- Level-3
- Level-4 to 8
- Others
Competitive Landscape and Bulletproof Glass Market Share Analysis
The bulletproof glass market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to bulletproof glass market.
- Some of the major players operating in the bulletproof glass market are:
- Nippon Sheet Glass Co., Ltd (Japan)
- Saint-Gobain (France)
- SCHOTT AG (Germany)
- AGC Inc. (Japan)
- Taiwan Glass Industry Corporation (Taiwan)
- Asahi India Glass Limited (India)
- Guangzhou Topo Glass Co., Ltd. (China)
- PPG Industries, Inc. (U.S.)
- Xinyi Glass Holdings Limited., (China)
- Total Security Solutions (U.S.)
- Qingdao Tsing Glass Co. Limited (China)
- Dellner Romag (U.K.)
- Guardian Industries Holdings (U.S.)
- ESG (U.S.)
- Glasstronn India Private Limited (India)
SKU-
Get online access to the report on the World's First Market Intelligence Cloud
- Interactive Data Analysis Dashboard
- Company Analysis Dashboard for high growth potential opportunities
- Research Analyst Access for customization & queries
- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
- Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
