Asia Pacific Bulletproof Glass market size was around USD 2.54 billion in 2018. It is expected to grow at a CAGR of 17.32% to reach USD 2.77 billion by 2023.
The progressively growing demand for bullet resistant glass from the car segment has been one of the principal factors contributing to the development of the marketplace over the last few years. The call for bulletproof automobiles from numerous celebrities and dignitaries is inducing several automobile manufacturers inclusive of BMW, Audi, Ford, Volkswagen, and others to manufacture armoured motors and additionally meet their customization requests. Moreover, the authorities are likewise one of the predominant end-users of armoured vehicles, and this trend is expected to rise during the forecast period.
The market is segmented by End user and by Application. By End User, the market is segmented into Military, Automobiles, Bankers & Financers, and Constructions. The Military segment is anticipated to experience a higher growth rate in terms of market share, because the use of bulletproof glass is expected to grow to meet the increasing security demands. By Application, the market is divided into Cash-in Transit, VVIP, VIP & Defence Vehicles and Corporate Infrastructures. Defence & VIP vehicles are the most important segment of the worldwide bulletproof glass market. This segment consists of combat motors, transportation of personnel, optimum motors, VVIP motors, motors utilized by governments, embassies, and others for protection from ballistic or blast assaults. The customers have resorted to bulletproof glass armoured vehicles for protection because of the growing incidences of terrorism, political violence, and civil unrest in some parts of the world.
By geography, the market is segmented into India, China, Korea, Japan, India, Australia, and others. China and India dominated this regional Bulletproof Glass market in 2018, due to the increasing military budgets and the rise in political tensions across the border. This trend is not expected to change anytime soon.
Key players in the market include Smartglass International Ltd. (Ireland), Nippon Sheet Co., Ltd. (Japan), Asahi Glass Co., Ltd. (Japan), Consolidated Glass Holdings, Inc. (U.S.), Total Security Solutions (U.S.), SCHOTT AG (Germany), Apogee Enterprises, Inc. (U.S.), and National Glass (South Africa).
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Application
5.1.1 Cash-in-Transit Vehicles
5.1.2 Corporate Infrastructures
5.1.3 VVIP/ VIP & Defence Vehicles
5.1.4 ATM Booths & Teller Stations
5.1.5 Government & Law Enforcement
5.1.6 Y-o-Y Growth Analysis, By Application
5.1.7 Market Attractiveness Analysis, By Application
5.1.8 Market Share Analysis, By Application
5.2 End Users
5.2.1 Military
5.2.2 Automobiles
5.2.3 Bankers & Financers
5.2.4 Constructions
5.2.5 Y-o-Y Growth Analysis, By End Users
5.2.6 Market Attractiveness Analysis, By End Users
5.2.7 Market Share Analysis, By End Users
5.3 Security Service levels
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Security Service levels
6.1.3.3 By End Users
6.1.3.4 By Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Security Service levels
6.1.4.3 By End Users
6.1.4.4 By Application
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Security Service levels
6.1.5.3 By End Users
6.1.5.4 By Application
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Smartglass International Ltd
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Nippon Sheet Co., Ltd.
8.3 Asahi Glass Co., Ltd.
8.4 Consolidated Glass Holdings, Inc.
8.5 Total Security Solutions
8.6 SCHOTT AG
8.7 Apogee Enterprises, Inc.
8.8 National Glass
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
