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Bulletproof Glass Market to Reach $29.5 billion, Globally, by 2033 at 12.5% CAGR: Allied Market Research

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The global bulletproof glass market is expanding due to rise in security concerns, increase in defense investments, surge in its demand in automotive & banking sectors, and advancements in glass technology enhancing strength, durability, & transparency.

WILMINGTON, Del., May 5, 2025 /PRNewswire/ — Allied Market Research published a report, titled, ‘Bulletproof Glass Market by Application (Bank Security System, Cash-in-Transit, Defense & VIP Vehicles, Government & Law Enforcement, and Others), End User (Automotive, Banking & Finance, Construction, Military, and Others), and Security Level (Security Level-1, Security Level-2, Security Level-3, and Security Level 4 to 8): Global Opportunity Analysis and Industry Forecast, 2024-2033′. According to the report, the ‘bulletproof glass market’ was valued at $9.3 billion in 2023, and is estimated to reach $29.5 billion by 2033, growing at a CAGR of 12.5% from 2024 to 2033.

Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/A10516

Prime Determinants of Growth

The growth of the bulletproof glass market is driven by rise in security concerns across various sectors, including defense, banking, and commercial buildings. Increase in terrorist activities, violent crimes, and geopolitical tensions has led to higher demand for protective solutions. In addition, the automotive industry is witnessing a surge in the adoption of bulletproof glass for armored vehicles. Technological advancements, such as lightweight and multi-layered glass, further support market expansion. In addition, government regulations mandating security measures in public infrastructure contribute to market growth.

Report Coverage & Details:

Report Coverage

Details

Forecast Period

2024–2033

Base Year

2023

Market Size in 2023

$9.3 billion

Market Size in 2033

$29.5 billion

CAGR

12.5 %

No. of Pages in Report

394

Segments covered

Application, End User, Security Level, and Region.

Drivers

 Rise in Security Concerns Surge in investments in Defense & Military Increase in its Use in Automotive & Transportation

 

Opportunity

 Advancements in Lightweight & Flexible Bulletproof Glass Integration with Smart Glass Technologies

 

Restraints

 High Production & Installation Costs Weight & Thickness Limitations

 

Impact of Russia-Ukraine War Scenario

On February 24, 2022 The RussiaUkraine war has significantly influenced the bulletproof glass market due to heightened security concerns and increased defense spending worldwide. The conflict has led to a surge in demand for armored vehicles, military installations, and secure infrastructure, driving the adoption of bulletproof glass. Governments and private entities are investing in enhanced protective solutions for law enforcement, financial institutions, and commercial establishments.The war has disrupted supply chains, affecting the availability of raw materials and leading to price fluctuations. In response, manufacturers are exploring alternative sourcing strategies and regional production hubs. The ongoing geopolitical instability continues to fuel market growth as nations prioritize security measures to safeguard personnel, assets, and critical infrastructure from potential threats.

Buy This Research Report (394 Pages PDF with Insights, Charts, Tables, and Figures): https://www.alliedmarketresearch.com/checkout-final/327685ef334aac80e634cc2ad41780dc 

The defense and VIP vehicles segment held the highest market share in 2023.

On the basis of application, the defense and VIP vehicles segment held the highest market share in 2023, accounting for more than one-fourth of the global bulletproof glass market revenue. This is due to surge in security concerns and increasing military expenditures. Governments worldwide are investing in armored vehicles to protect personnel from ballistic threats, driving demand for advanced bulletproof glass. However, the bank security system segment is projected to manifest the fastest CAGR of 15.9% from 2023 to 2033, this is due to rise in concerns over thefts, robberies, and attacks on financial institutions. Increased investments in secure infrastructure, strict regulatory mandates, and advancements in bulletproof glass technology are driving adoption in banking security applications.

The automotive segment held the highest market share in 2023.

On the basis of end user, the automotive held the highest market share in 2023, accounting for more than one-third of the global bulletproof glass market revenue. This is due to increase in demand for armored vehicles in military, law enforcement, and VIP transportation. Rising security concerns, technological advancements in lightweight bulletproof glass, and government initiatives for vehicle protection further fueled market growth in this automotive. However, the construction segment is projected to manifest the fastest CAGR of 16.2% from 2023 to 2033, This is due to increasing security concerns in commercial buildings, government facilities, and public spaces. Rise in investments in high-security infrastructure, stricter safety regulations, and advancements in durable, impact-resistant glass are driving demand for bulletproof glass in construction.

The security level-2 segment held the highest market share in 2023.

On the basis of security level, the security level-2 segment held the highest market share in 2023, accounting for more than one-third of the global bulletpproof glass market revenue. This is primarily due to its widespread use in banks, retail stores, and commercial buildings. It offers protection against medium-level threats, such as handguns, while remaining cost-effective and lightweight, making it a preferred choice for various security applications. However, the security level-4 to 8 segment is projected to manifest the fastest CAGR of 15.0% from 2023 to 2033, This is due to rise in threats requiring higher ballistic protection. Increasing demand from military, law enforcement, and high-security facilities, along with advancements in multi-layered glass technology, is driving adoption for enhanced resistance against high-powered rifles and firearms.

North America held the highest market share in 2023.

On the basis of region, North America held the highest market share in terms of revenue in 2023, accounting more than one-third of the global bulletproof glass market revenue. This is due to high defense spending, stringent security regulations, and increasing threats from violent crimes and terrorism. The strong presence of key manufacturers, rise in demand for armored vehicles, and its widespread adoption in banks, government buildings, & commercial spaces further drive market growth. In addition, technological advancements and investments in high-security infrastructure contribute to the region’s dominant position in the bulletproof glass market.

However, Asia-Pacific is expected to witness the fastest CAGR of 15.1% from 2023 to 2033, this is due to rising security concerns, increasing defense budgets, and rapid urbanization. Growing investments in high-security infrastructure, expanding automotive and construction sectors, and advancements in bulletproof glass technology further drive market growth across the region.

Enquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/A10516

Leading Market Players: –

Apogee Enterprises, Inc.China Specialty Glass Co. Ltd.Consolidated Glass Holdings Inc.Total Security SolutionsNippon Sheet Glass Co. Ltd.Saint Gobain S.A.Armar GlassAGC Inc.SCHOTT AGbinswanger Glass

The report provides a detailed analysis of these key players of the global bulletproof glass proof market. These players have adopted different strategies such as expansion and product launch to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

Explore AMR’s Extensive ongoing Coverage on Aerospace and Defense Domain: 

Non-lethal Weapons Market: Global Opportunity Analysis and Industry Forecast, 2021–2028C5ISR Market: Global Opportunity Analysis and Industry Forecast, 2020-2030Gunshot Detection Market: Global Opportunity Analysis and Industry Forecast, 2021-2031Small Arms Market: Global Opportunity Analysis and Industry Forecast, 2023-2032Shooting Ranges Market: Global Opportunity Analysis and Industry Forecast, 2021-2031Anti-Drone Market: Global Opportunity Analysis and Industry Forecast, 2021-2031Military Drones Market: Global Opportunity Analysis and Industry Forecast, 2021-2031Bulletproof Vests Market: Global Opportunity Analysis and Industry Forecast, 2023-2032Air Defense Systems Market: Global Opportunity Analysis and Industry Forecast, 2021-2031Ballistic Protection Market: Global Opportunity Analysis and Industry Forecast, 2021-2031

About Us

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides end-to-end solutions along with information, education, advocacy, and networking resources to SMEs and early-stage start-ups to bring excellence to their processes. In addition, we offer a nurturing environment required to develop and grow businesses, including business planning; virtual support; market intelligence; acquiring resources; and getting direct access to finance, suppliers, and other experts to boost the growth of businesses and entrepreneurs.

Our bundled and hassle-free business support systems are customized to meet the needs of SME consultants and industry leaders. Moreover, our large network of skilled consultants and experts help start-ups get the business on a roll.

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Addepar Raises $230 Million at $3.25 Billion Valuation in Series G Investment Round

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Vitruvian Partners and WestCap Co-Lead Round with Support from 8VC, Valor Equity Partners and EDBI

NEW YORK, May 13, 2025 /PRNewswire/ — Addepar, a leading global technology and data platform that investment professionals rely on to make the most informed, data-driven investment decisions, announced today the closing of its $230 million Series G investment round. The round was co-led by Vitruvian Partners, headquartered in London, and returning investor, New York-based WestCap, with additional participation from longtime partners 8VC and Valor Equity Partners. Global investor EDBI, operating under SG Growth Capital—the investment platform of the Singapore Economic Development Board (EDB) and Enterprise Singapore—also joined this round as a new investor.

Addepar’s clients use its platform to manage and advise on more than $7 trillion in client assets, up from $5 trillion just a year ago. The company adds more than $25 billion in new assets on average each week, and serves more than 1,200 client firms across more than 50 countries. Addepar is the platform of choice for single-family offices, RIAs, large banks, institutional asset owners and alternative fund managers. With hundreds of thousands of users worldwide, Addepar has become a leader in wealth and investment management technology and data, and delivers outsized value specifically in times of market volatility.

“This investment round reflects the deep trust our investors have in our mission, and the exceptional value we consistently deliver to our clients,” said Eric Poirier, Chief Executive Officer at Addepar. “Since day one, our focus has been on building a unified platform that equips investment professionals with advanced technology, precise data, and actionable insights—essential tools for achieving extraordinary outcomes in today’s rapidly evolving financial landscape. This funding aims to reward everyone who has contributed to our mission during our first 15 years, and reinforces our commitment to empowering the world’s leading firms with deep and lasting innovation. It ensures that our clients are empowered with the right technology, data and tools to navigate the full range of market conditions with confidence.”

Addepar continues to invest over $100 million annually in research and development and is on track to achieve profitability in 2025. The proceeds from its Series G financing will primarily be used to provide liquidity to employees and other investors through a tender offer, allowing them to realize the value of their contributions. In addition, it will further accelerate investments in innovation and client capabilities, enabling firms to differentiate themselves in an increasingly competitive market. Addepar continues to deliver exceptional client satisfaction and retention, strong revenue growth, and rapid product innovation at scale.

“Addepar has established itself as a category leader in investment technology with a strong track record of innovation and measurable global impact,” said Luuk Remmen, Partner at Vitruvian Partners. “We’re proud to bring more than capital to this partnership—offering strategic insight to help accelerate Addepar’s next phase of global growth and extend its transformative solutions to more investment professionals worldwide.”

“We’re proud to deepen our partnership with Addepar as they push the boundaries of innovation across the wealth management ecosystem, providing essential solutions for today’s investment managers,” said Jaime Hildreth, Partner at WestCap and Addepar board member. “We recognized Eric and the Addepar team’s vision from the outset and will continue to work alongside their team to build, scale, and pioneer the future of investment management.”

Born in response to the 2008 global financial crisis, Addepar has maintained an unwavering focus on empowering investment professionals with the best data, technology and insights. In doing so, it has set a new standard for the world’s leading wealth managers and investors.

“Addepar is building the global operating system for investment professionals—connecting data, insight, and action in one powerful platform,” said Joe Lonsdale, General Partner at 8VC and Addepar’s Co-founder and Chairman of the Board. “This milestone reflects the market’s belief in that vision and the strength of the team driving it. As Addepar expands its global reach, it’s redefining how capital is managed and decisions are made across the investment ecosystem.”

Today, amid significant market turbulence and economic uncertainty, Addepar is uniquely positioned to double down on innovation—expanding its platform to help clients navigate volatility, manage risk, and deliver differentiated value to their own clients with greater speed, accuracy, and insight. As the company continues to grow, it remains deeply committed to driving meaningful, long-term impact across global markets by empowering firms to act with greater clarity and confidence.

About Addepar
Addepar is a global technology and data company that helps investment professionals provide the most informed, precise guidance for their clients. Hundreds of thousands of users have entrusted Addepar to empower smarter investment decisions and better advice over the last decade. With client presence in more than 50 countries, Addepar’s platform aggregates portfolio, market and client data for more than $7 trillion in assets. Addepar’s open platform integrates with more than 100 software, data and services partners to deliver a complete solution for a wide range of firms and use cases. Addepar embraces a global flexible workforce model with offices in Silicon Valley, New York City, Salt Lake City, Chicago, London, Edinburgh, Pune and Dubai.

About Vitruvian Partners
Vitruvian Partners is a global growth-focused investor with offices across London, Stockholm, Munich, Madrid, Luxembourg, Mumbai, Singapore, Shanghai, Miami, and San Francisco. Vitruvian focuses on dynamic situations characterized by rapid growth and change across asset-light industries. Vitruvian has over $20 billion of active funds which have backed many global winners and leaders in their sectors, including Wise, Marqeta, CFC, Global-e, Darktrace, Just Eat, and Skyscanner. Further information can be found at www.vitruvianpartners.com

About WestCap
WestCap is a strategic operating and investing firm that partners with visionary leaders to build generational businesses. Our team is comprised of seasoned industry leaders and entrepreneurs who guide companies through the most pivotal stages of growth. Some of our notable investments include Airbnb, StubHub, Ipreo, Addepar, Hopper, iCapital, SIMON, and GoodLeap. The firm has offices in New York, San Francisco and London. For more information, please visit www.westcap.com.

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Antaisolar Showcases Full-Scenario PV Mounting Solutions at Intersolar Europe 2025, Secures 120MW Distribution Contract

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MUNICH, May 13, 2025 /PRNewswire/ — May 7-9, Antaisolar participated in Intersolar Europe 2025, presenting its distinctive brand identity and comprehensive photovoltaic (PV) mounting solutions tailored for the European market. The showcase included smart tracking systems, distributed rooftop solutions, carports, and ground-mounted structures.

As a key global PV market, Europe is projected to see demand reach a hundred-gigawatt scale in 2025. Different regions exhibit diverse requirements shaped by geography, industrial structures, and energy policies—ranging from large-scale ground-mounted power plants to commercial/industrial rooftops, and emerging applications in innovative scenarios. Antaisolar has keenly identified these nuances, developing specialized solutions such as the TAI-Space multi-rotation single-axis 1P independent tracking system for utility-scale projects, the MetaRoof series for rooftop installations, four-pillar PV carports, and integrated fence/balcony systems. Antaisolar highlighted its next-generation solar roof designing platform – SolarAid, dedicated to simplifying the design and quoting process of rooftop PV projects for both end-users and distributors.

The company’s ability to deliver market-specific solutions stems from its robust localized support framework. Anchored by its R&D center in Spain and subsidiary in the Netherlands, Antaisolar provides localized design services, rapid delivery, and comprehensive operation/maintenance support—ensuring products align seamlessly with regional regulatory requirements, climatic conditions, and market expectations across Europe.

During Intersolar Europe 2025, Antaisolar further strengthened its European footprint by signing a 120MW distribution agreement with French distributor Sunliberty, underscoring Antaisolar’s growing influence in the region. With Europe’s energy transition accelerating, the PV market’s potential is set to expand further. Antaisolar is poised to leverage its all scenario mounting solutions and SolarAid intelligent system to offer European customers more efficient, reliable, and cost-effective choices, driving the continent’s shift toward sustainable energy.

About Antaisolar:

Antaisolar, expert in digital intelligent PV mounting system solutions, is a pioneer in renewable energy solutions specializing in structure and automation control. It ranks among the top 500 global new energy companies and is one of the top ten tracking system brands worldwide.As of 2024, the company’s cumulative global shipment has reached 41.7GW, with leading positions in markets such as Japan, Australia, and Southeast Asia.

Learn More: antaisolar.com

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Oracle and Entanglement Partner to Deliver Advanced Security to Governments and Enterprises

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AUSTIN, Texas, May 13, 2025 /PRNewswire/ — Oracle and seQure, an Entanglement company and Oracle partner, today announced that governments and enterprises can deploy Ground-Truth on Oracle Cloud Infrastructure (OCI). Ground-Truth is a cybersecurity and data observability service that helps automate the detection of threats and vulnerabilities and can reduce event alerts by 90 percent. Previously only available on-premises, Ground-Truth is now available across Oracle’s distributed cloud including public, government, sovereign, and dedicated regions.

By joining Oracle’s defense ecosystem, seQure can empower customers to deploy advanced, AI-driven threat detection while addressing data residency requirements. This helps customers maintain operational agility in complex environments, address regulatory, security, and performance requirements, and get the full benefits of the cloud and sovereign AI.

Reducing false alarms with greater speed and accuracy
Ground-Truth is a zero-trust enterprise continuous monitoring platform that can deliver higher speed, accuracy, and scalability for detecting unknown cyber threats and anomalies. It leverages quantum-inspired algorithms, AI, machine learning, and high-performance computing to deliver real-time threat detection and anomaly identification. This helps customers reduce operational costs and false positives compared to traditional rule-based methods.

“Deploying Ground-Truth on OCI enables seQure to scale and bring its advanced threat detection capabilities to even more governments and enterprises,” said Rand Waldron, vice president, Oracle. “This partnership helps our combined customers identify unknown cyber threats and anomalies faster and more accurately. In addition, it enables customers to benefit from OCI’s built-in security, leading performance, and flexibility.”

Deploying Ground-Truth on OCI enables customers to gain access to:

Automated detection of novel threats and vulnerabilities in under one second.AI-powered operations without rules, leveraging diverse models.Streamlined API-driven integration with existing security stacks spanning corporate networks, Internet of Things, supervisory control and data acquisition, and other operational technology environments.Continuous adaptation to evolving environments through unsupervised learning techniques.High-capacity data processing (up to 20TB of data per day) with speeds up to 1000x faster.Ultra-low false positive rates (<9.9 percent for corporate networks, <3 percent for IoT/SCADA/OT systems).

“Ground-Truth’s AI provides fidelity in threat detection with minimal false positives for both Network and Cyber Security applications,” said Jason Turner, chairman and CEO, Entanglement. “OCI’s high-performance infrastructure and scaling was essential for deploying this solution and enabling us to provide our customers with the benefits of automated scaling, robust security features, and predictable pricing.”

About Oracle’s Partner Program
Oracle’s partner program helps Oracle, and its partners drive joint customer success and business momentum. The newly enhanced program provides partners with choice and flexibility, offering several program pathways and a robust range of foundational benefits spanning training and enablement, go-to-market collaboration, technical accelerators, and success support. To learn more, visit https://www.oracle.com/partner/.

About Entanglement
Entanglement is a next generation computing and AI company powered by a team of world-renowned scientists, researchers, mathematicians, and engineers. By fusing quantum-inspired algorithms, combinatorial optimization, machine learning, AGI, and advanced computing platforms, the company delivers secure, high- performance solutions with unrivaled speed, accuracy, and scalability. For more information, visit www.entanglement.ai

About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

Trademarks
Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing.  

 

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