Recent Developments

As far back as Tesla began manufacturing its electric cars, the Model S and Model X reliably increased excellent security appraisals from the National Highway Traffic Safety Administration (NHTSA). For US-based firm Armormax, nonetheless, the Model S P100D could, in any case, turn out to be even more secure.

Armorax has strengthened the Model S P100D with bulletproof glass. Because of the 2-inch bullet proof glass utilized on the vehicle, none of the electric vehicle's windows open any longer. In any case, for all time shut windows are a little cost to pay for the electric vehicle's capacity to redirect discharge from powerful rifles and handguns.

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Market Segmentation:

Market Data Forecast published a report named the Middle East and Africa Bulletproof Glass market size was around USD 0.56 billion in 2018. It is expected to grow at a CAGR of 13.59% to reach USD 1.05 billion by 2023.

Report segmented as:

End User:

Military
 Automobiles
 Bankers & Financers
Constructions
Application:

Cash-in-Transit
 VVIP
 VIP & Defence Vehicles
 Corporate Infrastructures
Based on the end user, 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. Under application, 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 armored vehicles for protection because of the growing incidences of terrorism, political violence, and civil unrest in some parts of the world.

Geographical Segmentation:

Based on geography, the Middle East & Africa market is analyzed under various regions namely the Middle East and Africa. Middle East regions account for the largest share in the market and are expected to grow at the fastest pace.

Key Market Players:

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.)
National Glass (South Africa)
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The Scope of the report:

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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