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Global bulletproof glass market is estimated to grow at a CAGR of 10.1% during the forecast period. The increasing rate of terrorist attacks, and the rapidly rising application of bulletproof glass in the automotive sector for manufacturing windscreens, side windows, and back screens, to provide transparency and protection from external attacks are projected to drive market growth. For instance, in October 2020, a man fired a dozen shots in the direction of the Wake County Sheriff’s Office. During the riots, 178 buildings were damaged, after that crews installed bulletproof glass around the Wake County Public Safety Center and Wake County Courthouse as part of a $4 million repair project aimed at fortifying government buildings in downtown Raleigh. Wake County awarded HITT Contracting, Inc. with two contracts totalling $4 million-
- A $1.3 million repair project at the Public Safety Center included the installation of ballistic-grade glass windows, anti-graffiti coating on the walls, repairs to the front arch, pressure washing and cleaning.
- A $2.7 million project at the Wake County Courthouse included bulletproof glass on the street-level entrances, facade improvements and a $500,000 renovation of the front plaza facing Fayetteville Street.
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In addition, the aviation, and maritime industries, which operate in high-pressure conditions need bulletproof glass that can be shatter-resistant and withstand high pressure. For instance, in March 2023, Iten Defense a portfolio company of Edgewater Capital Partners, completed the acquisition of Transparent Armor Solutions. The acquisition of TAS assists in expanding Iten Defense’s solution offering to include transparent armor, complementing its current composite armor solutions for maritime vessels, fixed- and rotary-wing aircrafts, and tactical vehicles. Iten Defense’s extensive technical expertise and specialized knowledge in ballistic armor enable the customers to meet strict performance requirements for mission-critical applications. Moreover, in October 2021, Sicurtec unveiled high-security glass with polycarbonate that was up to 50 % thinner and lighter than conventional "bulletproof glass". To meet the increasing requirements, Sicurtec has invested more than 1.4 million in a completely new production technology for the bonding of polycarbonate and float glass (soda-lime glass). Sicurtec Slim is a very thin and extremely light safety glass to protect people and valuables inside buildings. The glass aimed to protect valuables, such as in jewellers' shops, museums, and private homes.
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Market Coverage
- Segment Covered-
o By Type
o By Application
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- including Apogee Enterprises, Inc., Nippon Sheet Glass Co., Ltd., Binswanger Enterprises, LLC, Centigon France SAS, PPG Industries, Inc., and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Bulletproof Glass Market Report Segment
By Type
- Acrylic
- Traditional Laminated Glass
- Polycarbonate
- Glass-Clad Polycarbonate
- Ballistic Insulated Glass
- Others
By Application
- Banks
- Postal
- Telecommunications
- Insurance
- Defense and Military
- Other (Automotive, Construction)
Reasons to Buying From us -
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
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Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Article source: https://article-realm.com/article/Internet-Business/71207-Bulletproof-Glass-Market-Global-Growth-and-Revenue-Insights-by-2031.html
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