CBRN Defense Market By Type (Chemical, Biological, Radiological, Nuclear, Explosive), Equipment (Protective Wearables, Respiratory Systems, Detection & Monitoring Systems, Decontamination Systems, Simulators, Information Management Software), End User (Commercial, Defense), Industry Trends, Estimation & Forecast, 2017 – 2025
CBRN Defense Market Overview:
CBRN Defense Market is expected to grow with a CAGR of XX% during the forecast period of 2018 to 2025.
CBRN defense is a defensive procedure, considered in such situations where chemical, biological, radiological, nuclear warfare or terrorism hazards are present. Global CBRN defense market is anticipated to grow with a healthy grow rate in the upcoming years due to easy availability of the CBRN weapons and increasing threats from hostile groups & nations. However, market saturation in developed nations might hinder the market growth. Moreover, lack of sufficient funding and investment might pose as a prominent challenge for CBRN defense industry. On the other hand, use of CBRN safety measures by emergency medical services would provide lucrative opportunities for the market in near future. Geographically, North America is expected to lead the market throughout the forecast period.
Key players profiled in the report:
FLIR Systems, Inc., Chemring Group PLC, Bruker Corporation, Smiths Group plc., and Argon Electronics Ltd. among others.
North America contributed for the majority of the market share and is expected to see continuous growth in demand for CBRN defense supplies. On the other hand, Europe stood second in the global market owing to rising threat of terrorist activities in the region. In terms of growth, Asia-Pacific is expected to lead the market with fastest CAGR as the government-based organizations are modernizing and redesigning their protection against terrorist attack.
Key benefits offered from the report include
- An in-depth analysis of the CBRN Defense market, with current and future trends to elucidate the imminent investment pockets
- Analysis of Global CBRN Defense Market with respect to key segments such as type, equipment and end-user
- A comprehensive regional analysis of Global CBRN Defense Market has been covered in the report
- The quantitative analysis of the market from 2017 to 2025 is provided to elaborate the market potential and compound annual growth rate (CAGR) between 2018 and 2025
- Profile of the major players in the Global CBRN Defense Market will be provided, which include product & services, key financials, new developments & business strategies
Scope of the Global CBRN Defense Market:
- Protective Wearables
- Detection & Monitoring Systems
- Respiratory Systems
- Decontamination Systems
- Information Management Software
- North America