Global Bulletproof Glass Market to Grow 19 Percent by 2016
TechNavio analysts forecast the global bulletproof glass market to grow at a compound annual growth rate of about 19 percent between 2012 to 2016, according to its report Global Bulletproof Glass Market 2012-2016. Key factors contributing to this market growth are the fast-paced growth in the automobile industry, as well as urbanization, according to an Oct. 23 release about the report. Sluggish demand from the construction industry, however, could pose a challenge to the growth of this market, TechNavio reports.
TechNavio's report was prepared based on an in-depth market analysis with input from industry experts. The report covers the markets in North America, Europe and China, as well as the sector's landscape and its growth prospects in the coming years.