Bulletproof Glass Market: By Type, End-user Industry, Application and Geography

Bulletproof Glass Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Solid Acrylic, Traditional Laminated, Polycarbonate, Glass-clad Polycarbonate, Ballistic Insulated Glass and Others), End-user Industry (Automotive, Buildings and Construction, Defense and Military, Banking and Finance, Others), Application (Military and VIP Vehicles, ATM booths and Teller Stations, Cash-in-transit, Bank Security, Commercial Buildings, Government and Law enforcement, Jewelry and Retail shops) and Region

Bulletproof Market size was valued at US$ 7,453.8 million in 2023 and is poised to grow at a CAGR of 8.2% from 2024-2030. Bulletproof Glass is made up of a different layer of polycarbonate plastics that is optically transparent and strong and particularly resistant to penetration by any projectile. It is made up of a combination of two or more soft and hard glasses. The softer layer makes it more elastic, so it flexes but doesn’t shatter, whereas the harder one makes it hold together. According to a study conducted in the UK, bulletproof glasses usage has increased significantly in the last five years from 7.5 million to 17 million. This huge increase is due to the increased crime trend during the recession. The most likely reason for the demand for bulletproof glass is the availability of handguns in society that are used for self-defense. The ever-increasing safety concerns, increased terrorist attacks, and crime rates in stadiums and arenas, convenience stores and gas station, financial institutions, lodging facilities, and school are some factors that lead to the increase in the level of the bulletproof glass market.

With the increased need for increased safety in military equipment worldwide, the bulletproof market plays a vital role in meeting the needs and standards of every country. However, the COVID-19 pandemic disrupted the import and export of the bulletproof glass market. Other than that, the declining defense budget of some countries, the higher price of raw material, and difficulty in their installation has affected the bulletproof glass market negatively. However, strong demand from retail shops, banks, military, government bodies, and liquor stores has led to a tremendous increase in the bulletproof market post-pandemic and is expected to burgeon the market in the forecast years.

Bullet Proof Glass Market Key Developments:

  • In January 2023, Asahi India Glass Limited announced a partnership with Enormous Brands to produce films for AIS Windows, a brand of complete window and door solutions. Through this partnership, AIS Windows aims to make a significant impact on windows and doors.
  • In April 2021, Ashok Leyland launched its “Light Bullet Proof Vehicles (LBPV)” an armoured vehicle to the Indian Air Force. LBPV is an adapted version of Lockheed Martin’s (LM) CVNG (Common Vehicle Next Gen)
  • In March 2019, Austin Senate announced an investment of $100 Million for bulletproof glass, for school security.

Bulletproof Glass Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

8.20%

Largest Market

Asia Pacific

Fastest Growing Market

Asia Pacific

Bulletproof Market Dynamics

The market is expected to rise owing to increased threat to public safety and security, increasing terrorist attacks, and rise in the risk of thefts and robberies. Government regulations accelerate the bulletproof market to ensure maximum safety associated with public, and private bodies and financial institutions. The defense sector is anticipated to witness tremendous opportunities in the bulletproof glass market. This can be subjected to the increasing population, increase in the defense budget, war crisis between different countries, territorial expansions and the need to bolster the military strength of the nation. Bulletproof glasses have diverse applications in different industries such as construction, automobiles, banks and financial bodies, governmental bodies and, majorly the defence sector. These factors are anticipated to boost the market growth during the forecasted period.

Bulletproof Glass Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 7,453.8 million

Market CAGR

8.20%

By Type

  • Solid Acrylic
  • Traditional Laminated
  • Polycarbonate
  • Glass-clad Polycarbonate
  • Ballistic insulated glass
  • Other Types

By Application

  • Military and VIP vehicles
  • ATM booths and Teller Stations
  • Cash-in-transit
  • Bank Security
  • Commercial Buildings
  • Government and law enforcement
  • Jewellery and Retail shops

By End User

  • Automotive
  • Buildings and Construction
  • Defence and Military
  • Banking and Finance
  • Other End-user Industries

Key Features of the Report

  • The bulletproof glass market report provides granular level information about the market size, regional market share, historic market (2019-2023) and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

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Frequently Asked Questions

The global bulletproof glass market size was valued at US$ 7,453.8 million in 2023 and is projected to grow at a CAGR of 8.2% from 2024-2030.

The increased use of bulletproof glass in the automotive industry is a key opportunity for companies to enhance their revenue over the forecast years

An increase in the use of bulletproof glass in banks, vehicles, government bodies, and in the military is a major trend in the bulletproof glass market

The key players in the bulletproof glass market are Nippon Sheet Glass Co. Ltd, Total Security Solutions, CHOTT AG, China Specialty Glass AG, Consolidated Glass Holdings Inc and Asahi Glass Co. Ltd.

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Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

1.Executive Summary
2.Global Bulletproof Glass Market Introduction 
2.1.Global Bulletproof Glass Market  - Taxonomy
2.2.Global Bulletproof Glass Market  - Definitions
2.2.1.Type 
2.2.2.Application
2.2.3.End Users
2.2.4.Region
3.Global Bulletproof Glass Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Bulletproof Glass Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Bulletproof Glass Market  By Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Solid Acrylic
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Traditional Laminated
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Polycarbonate
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Glass-clad Polycarbonate
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Ballistic insulated glass
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. Other Types
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
6.Global Bulletproof Glass Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Military and VIP vehicles
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. ATM booths and Teller Stations
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Cash-in-transit
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Bank Security
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Commercial Buildings
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Government and law enforcement
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
6.7. Jewellery and Retail shops
6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.7.3. Market Opportunity Analysis 
7.Global Bulletproof Glass Market  By End Users, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Automotive
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Buildings and Construction
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Defence and Military
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Banking and Finance
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Other End-user Industries
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.Global Bulletproof Glass Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Bulletproof Glass Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Type  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Solid Acrylic
9.1.2.Traditional Laminated
9.1.3.Polycarbonate
9.1.4.Glass-clad Polycarbonate
9.1.5.Ballistic insulated glass
9.1.6.Other Types
9.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Military and VIP vehicles
9.2.2.ATM booths and Teller Stations
9.2.3.Cash-in-transit
9.2.4.Bank Security
9.2.5.Commercial Buildings
9.2.6.Government and law enforcement
9.2.7.Jewellery and Retail shops
9.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Automotive
9.3.2.Buildings and Construction
9.3.3.Defence and Military
9.3.4.Banking and Finance
9.3.5.Other End-user Industries
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Bulletproof Glass Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Solid Acrylic
10.1.2.Traditional Laminated
10.1.3.Polycarbonate
10.1.4.Glass-clad Polycarbonate
10.1.5.Ballistic insulated glass
10.1.6.Other Types
10.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Military and VIP vehicles
10.2.2.ATM booths and Teller Stations
10.2.3.Cash-in-transit
10.2.4.Bank Security
10.2.5.Commercial Buildings
10.2.6.Government and law enforcement
10.2.7.Jewellery and Retail shops
10.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Automotive
10.3.2.Buildings and Construction
10.3.3.Defence and Military
10.3.4.Banking and Finance
10.3.5.Other End-user Industries
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
10.4.6.Rest of EU
11.Asia Pacific (APAC) Bulletproof Glass Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Solid Acrylic
11.1.2.Traditional Laminated
11.1.3.Polycarbonate
11.1.4.Glass-clad Polycarbonate
11.1.5.Ballistic insulated glass
11.1.6.Other Types
11.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Military and VIP vehicles
11.2.2.ATM booths and Teller Stations
11.2.3.Cash-in-transit
11.2.4.Bank Security
11.2.5.Commercial Buildings
11.2.6.Government and law enforcement
11.2.7.Jewellery and Retail shops
11.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Automotive
11.3.2.Buildings and Construction
11.3.3.Defence and Military
11.3.4.Banking and Finance
11.3.5.Other End-user Industries
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Bulletproof Glass Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Solid Acrylic
12.1.2.Traditional Laminated
12.1.3.Polycarbonate
12.1.4.Glass-clad Polycarbonate
12.1.5.Ballistic insulated glass
12.1.6.Other Types
12.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Military and VIP vehicles
12.2.2.ATM booths and Teller Stations
12.2.3.Cash-in-transit
12.2.4.Bank Security
12.2.5.Commercial Buildings
12.2.6.Government and law enforcement
12.2.7.Jewellery and Retail shops
12.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Automotive
12.3.2.Buildings and Construction
12.3.3.Defence and Military
12.3.4.Banking and Finance
12.3.5.Other End-user Industries
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Bulletproof Glass Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Solid Acrylic
13.1.2.Traditional Laminated
13.1.3.Polycarbonate
13.1.4.Glass-clad Polycarbonate
13.1.5.Ballistic insulated glass
13.1.6.Other Types
13.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Military and VIP vehicles
13.2.2.ATM booths and Teller Stations
13.2.3.Cash-in-transit
13.2.4.Bank Security
13.2.5.Commercial Buildings
13.2.6.Government and law enforcement
13.2.7.Jewellery and Retail shops
13.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Automotive
13.3.2.Buildings and Construction
13.3.3.Defence and Military
13.3.4.Banking and Finance
13.3.5.Other End-user Industries
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Nippon Sheet Glass Co., Ltd
14.2.2.Total Security Solutions
14.2.3.CHOTT AG
14.2.4.China Specialty Glass AG
14.2.5.Consolidated Glass Holdings Inc
14.2.6.Asahi Glass Co. Ltd
14.2.7.Apogee Enterprises Inc.
14.2.8.Saint-Gobain
14.2.9.AGC Inc.
14.2.10.Smartglass International Limited
14.2.11.SCHOTT AG
14.2.12.CSG Holdings Co., Ltd.
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • Nippon Sheet Glass Co., Ltd
  • Total Security Solutions
  • CHOTT AG
  • China Specialty Glass AG
  • Consolidated Glass Holdings Inc
  • Asahi Glass Co. Ltd
  • Apogee Enterprises Inc.
  • Saint-Gobain
  • AGC Inc.
  • Smartglass International Limited
  • SCHOTT AG
  • CSG Holdings Co., Ltd.
  • Armortex

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