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Explosive Ordnance Disposal Equipment Market Projected to Grow at a Steady Pace During 2020-25
Explosive Ordnance Disposal Equipment Market Projected to Grow at a Steady Pace During 2020-25
Explosive Ordnance Disposal (EOD) equipment refers to the tools and equipment used to detect, dispose and provide protection during explosive disposal operations.

The Explosive Ordnance Disposal Equipment research report published by Stratview Research, is an in-depth analysis of the latest developments, market size, future technologies, market drivers, upcoming challenges, with key company profiles. The research study provides market overview, opportunities in the market, sales and revenue by region and much more business intel.

This research analyses niche markets, potential threats, and competitive strategy in various segments based on the Explosive Ordnance Disposal Equipment Market competitive landscape and development model in various parts of the world. This research throws light on the business strategies of the key players that might help in the growth of other companies during the pandemic era.

Impact of COVID-19 on Explosive Ordnance Disposal Equipment Market

As the world grapples with one of its greatest health pandemic, the economic and social disruption has affected millions of enterprises. The revenues have gone down in the year 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition. Stratview Research throws light on in-depth insights related to rapid alterations in the key players in each industry, growth and decline due to COVID-19, etc. The researchers at Stratview Research are regularly connecting with the clients and other key players of almost all the industries, regarding the impact of COVID-19 on their businesses.

Key Players:

  • Northrop Grumman Corporation
  • Safariland LLC
  • Reamda Ltd.
  • NABCO Inc
  • Scanna Msc Ltd
  • iRobot Corporation
  • API Technologies Corp.
  • Du Pont (E.I) De Nemours
  • Cobham plc
  • Chemring Group PLC.

Growth drivers and Market Value:

This report, from Stratview Research Explosive Ordnance Disposal Equipment Market value and growth drivers over the trend period of 2020-25. According to the report -

Explosive ordnance disposal equipment market is likely to witness a steady CAGR of 4.1% during the forecast period. The growth is attributed to increasing demand for military ground robots which are programmed to diffuse bombs and other explosives as it is safer to diffuse bombs through robots than manually. Increasing number of militancy groups across the globe is further resulting into increase in demand for the explosive ordnance disposal equipment market.

Segment Analysis:

By Equipment Type

Based on the equipment type, the explosive ordnance disposal equipment market is segmented as portable X-ray systems, projected water disrupters, bomb containment chambers, EOD suits and blankets, EOD robots, Explosive Detectors, search mirrors, and others. The explosive detector segment is estimated to grow with the highest CAGR during the forecast period. Growing use of explosive detectors in public places such as malls and airports due to safety concerns with increasing threats from terrorists and militants across the globe is resulting into high growth in demand for EOD explosive detectors during the forecast period.

By Region

In terms of regions, North America is estimated to be the largest market for explosive ordnance disposal equipment during the forecast period due to huge investment in soldier modernization through warfare training and advanced defense equipment.

Competitive Analysis: Understanding your rivalry is critical to your success. This section includes an analysis of your key competitors, their products/services, their differentiators, and market shares, etc.

Target Market and Audience: Identifying and prioritizing specific target markets is another key part of any industry, where research is crucial. Stratview Research’s report will help you find more about the demographics and buying behaviours of your potential customers.

Key Considerations for Market Forecast:

-        Impact of lockdown, supply chain disruptions.

-        Pre and post-COVID-19 market estimates

-        Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan

Impact of COVID-19 on the Global Market

The Explosive Ordnance Disposal Equipment report compiled by Stratview Research offers in-depth study of market opportunities and market impact that are stirred due to the COVID-19 pandemic. The detailed research report focuses upon the direct and indirect impact of COVID-19 with new product launches, M&As, supply chain overview, government regulations, strategies adopted by related market, etc.

Sneak peek into the Report:

The report provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • Market forecast analysis
  • Competitive landscape and dynamics: Market share, product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends & Key success factors

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E-mail: sales@stratviewresearch.com

Direct: +1-313-307-4176

Customization of the Report:

This report can be customized to meet the client’s requirements. In order to provide more accurate market forecast, all the reports are updated before delivery.

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About Us: Stratview Research is a trusted global market intelligence and strategic consulting firm providing inclusive range of services to multiple clients across a wide array of industries. Our team of veterans and analysts have extensive experience in executing custom research projects for mid-sized to fortune companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, and more.