The global Blast Resistant and Bulletproof Buildings market size is valued at US$ 1.22 Billion in 2024 and is expected to reach US$ 2.46 Billion by 2031, grow at a compound annual growth rate (CAGR) of 10.5% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2023/2024: |
US$ 1.22 Bn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 - 2031 |
Forecast Period 2023/2024 to 2030/2031 CAGR: |
10.50% |
2030/2031 Value Projection: |
US$ 2.46 Bn |
Figure 1. Global Blast Resistant and Bulletproof Buildings Market Share (%), by Region, 2024
Blast Resistant and Bulletproof Buildings are used to protect occupants from blast, forced entry and wind/impact threats at work sites that present hazardous hazards. Having accurate start and stop dates for these units helps speed up the demobilization process, ensuring an efficient staggered schedule of trucks to remove them from your site.
Market Dynamics:
Security concerns, urbanization and infrastructure development is anticipated to drive growth of the global blast resistant and bulletproof buildings market over the forecast period. Moreover, geopolitical tensions, technological advancements is also expected to boost the growth of the global blast resistant and bulletproof buildings market over the forecast period. Government and military contracts, critical infrastructure protection, financial institutions and high-value assets, urban development projects are expected to create growth opportunities for the global blast resistant and bulletproof buildings market during the forecast period.
Stringent government regulations mandating construction of secure buildings that conform to certain safety standards have significantly boosted demand. Rising geopolitical tensions between countries have encouraged commercial and industrial facilities to invest in fortified structures in high-risk regions. Rapid urbanization coupled with increasing construction of critical infrastructure like embassies, military facilities and government buildings provide considerable opportunities.
However, weight and design constraints, limited retrofitting opportunities, technological advancements are expected to hamper growth of the blast resistant and bulletproof buildings market over the forecast period.
Key features of the study:
- this report provides in-depth analysis of the blast resistant and bulletproof buildings market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the blast resistant and bulletproof buildings market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include The Armortex Group, Inc., Total Security Solutions (TSS), Insulgard Security Products, Protective Structures, Ltd., Saab AB, Fenestration Solutions, Inc., RTS Tactical, Strongwell Corporation, Oshkosh Corporation, Hunter Buildings, Fortress Protective Buildings, Mb. Industries.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The blast resistant and bulletproof buildings market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the blast resistant and bulletproof buildings market.
Detailed Segmentation:
- By Type of Protection:
- Blast Resistant Buildings
- Low-Level Blast Resistance
- Medium-Level Blast Resistance
- High-Level Blast Resistance
- Bulletproof Buildings
- Handgun Resistance
- Rifle Resistance
- High-Power Rifle Resistance
- By End-use Industry:
- Government and Military
- Commercial
- Critical Infrastructure
- Educational Institutions
- Healthcare
- Residential
- By Construction Material:
- Ballistic Steel
- Reinforced Concrete
- Ballistic Glass
- Composite Materials
- By Threat Level:
- Low Threat
- Medium Threat
- High Threat
- By Geography:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
- Company Profile:
- The Armortex Group, Inc.
- Total Security Solutions (TSS)
- Insulgard Security Products
- Protective Structures, Ltd.
- Saab AB
- Fenestration Solutions, Inc.
- RTS Tactical
- Strongwell Corporation
- Oshkosh Corporation
- Hunter Buildings
- Fortress Protective Buildings
- Mb Industries