Bullet Proof Glass Global Market
The Bullet Proof Glass Global Market Report 2023, provides comprehensive information on the Bullet Proof Glass market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Bullet Proof Glass Global Market Report 2023, 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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Product innovations are the key trend gaining popularity in the bulletproof glass market. Major companies operating in the bulletproof glass market are introducing innovative products such as UL-rated ballistic insulated glass to sustain their position in the market. For instance, in January 2020, Total Security Solutions, a US-based company that designs, manufactures, and installs bullet-resistant barrier systems launched DEFENDER insulated ballistic glass, which is an insulated ballistic glass with UL-Level 1 ballistic protection. It has a superior light transmission and an air gap between two panes of glass, making it a true double-pane glass. Additionally, the product is lightweight and easy to retrofit into existing window frames, which makes it ideal for use in school buildings, corporate offices, utility offices or payment centers, and municipal buildings.
The Bullet Proof Glass market is segmented:
1) By Type: Solid Acrylic, Traditional Laminated, Polycarbonate, Glass-Clad Polycarbonate, Other Types
2) By Security Levels: Security Level-1, Security Level-2, Security Level-3, Security Level-4 to 8
3) By Application: Defense And VIP Vehicles, ATM Booths And Teller Stations, Cash-in-Transit Vehicles, Commercial Buildings, Government And Law Enforcement, Other Application
4) By End-Use: Automotive, Military, Banking And Finance, Construction, Other End-Use
North America was the largest region in the Bullet Proof Glass market in 2022.
The table of contents in TBRC’s Bullet Proof Glass market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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