Stratview Research has published a new report titled “Bulletproof Glass Market” which is segmented by Application (ATM Booths & Teller Stations, Cash-In-Transit Vehicles, Commercial Buildings, Defense & VIP Vehicles, Government & Law Enforcement, and Others), By End User (Automotive, Banking & Finance, Construction, Military, and Others), and by Region Asia-Pacific [China, Japan, India, and Rest of Asia-Pacific], and Rest of the World [Brazil, Saudi Arabia, and Others]).
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The market is bifurcated into various segments. Below given is the segment-wise analysis -
Based on the application, the market is bifurcated into ATM booths & teller stations, cash-in-transit vehicles, commercial buildings, defense & VIP vehicles, government & law enforcement, and others. The defense & VIP vehicles are expected to remain the biggest market for bulletproof glass in the forecast period. These glasses are frequently used for vehicles by military and VIPs to ensure safety in case of an ambush or attack.
Based on the end-user, the market is segmented as fixed automotive, banking & finance, construction, military, and others. The automotive industry accounts for the largest market share in 2021, with the increasing demand for bulletproof glasses as a value-added feature in premium cars.
For instance, In June 2022, the SVI engineering completed the bulletproof taming of the Toyota Land Cruiser 300, which provides full protection against assault rifles such as R1, R5, and AK47.
Which Region is expected to remain the largest market?
In terms of regions, North America is likely to maintain its supremacy in the bulletproof glass market throughout the forecast period. This is mostly due to the increase in the rate of gun violence and the increase in riots within the region. The escalating inclination toward enhancing the protection of infrastructures from wars and terrorist attacks is creating an enormous opportunity for the North American bulletproof glass market.
Who are the Key Players in the Market?
This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the Bulletproof Glass Market:
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