China Leads Global Bulletproof Glass Market, TechNavio Reports

Renewable energy
  • Key End-User Segments include Construction Sector, Finance Sector, Automotive Sector, Government Sector and the Defense Sector

TechNavio, an independent London-based research firm has found that China leads the Global Bulletproof Glass Market in terms of revenue generation for the 2012-2016 period.

Globally, China’s construction, financial services and automobile sectors are rapidly adopting bulletproof glass for safety, high-end security and preventing intrusions. Several drivers are adding to the growth from this region, including a sound GDP (gross domestic product), demand for automotive vehicles and increasing need for the use of bulletproof glass in ATMs and bank branches.

However, challenges like rising energy costs and the price of raw materials in the Bulletproof Security Glass market in China are posing a problem for vendors.  In spite of this, increasing trends like rapid urbanization will be having a positive influence on the Housing sector, thereby boosting the demand for bulletproof glass used for safety purposes.

To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted an in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in order of importance. 

If you are interested in more information on this topic and our upcoming research on the Bulletproof Security Glass Market in China 2012-2016  please send an e-mail to media@TechNavio.com

About TechNavio
TechNavio is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.

TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.

TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of the Global Bulletproof Glass Market. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from TechNavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes.

Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.

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