According to the latest report by IMARC Group, titled,“CBRN Defense Market Share: Global Industry Trends, Share,Growth, Opportunity and Forecast 2021-2026,” finds that the global CBRN defense market expected to grow at a CAGR of 6.3% during forecast period.
Chemical, Biological, Radiological, and Nuclear (CBRN) refers to materials or weapons that have the ability to create both mass casualties and disruption of society. CBRN defense includes protection, contamination, mitigation and avoidance to identify defense measures wherein advanced research and development of medical countermeasures are necessary. In recent years, CBRN defense has gained traction as the procurement of the chemicals and materials for manufacturing CBRN weapons has become easier than conventional arms.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
CBRN Defense Market Trends:
The global CBRN defense market is primarily driven by the growing number of terrorist activities. Due to this, the concerned authorities are deploying CBRN defense that causes mass and deliberate malicious acts to kill, sicken and disrupt society. Furthermore, there has been an introduction of advanced CBRN security products developed by several leading players with improved efficacy, detection capabilities and rapid decontamination functions. They have also launched CBRN reconnaissance vehicles with real-time monitoring capabilities, georeferencing chemical compounds, and LASER technology for long-range CBRN threat detection. On account of these factors, the market is expected to witness positive growth in the coming years.
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CBRN Defense Market 2021-2026 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Argon Electronics (UK) Ltd., Avon Protection Systems Inc., Blücher GmbH, Bruker Corporation, Chemring Group PLC, Cristanini SPA, Environics Oy, FLIR System, Kärcher Futuretech GmbH (Alfred Kärcher SE & Co. KG.), MSA Safety Inc., Smiths Group PLC and Thales Group.
The report has segmented the market on the basis on region, threat type, equipment and end use.
Breakup by Threat Type:
- Chemical
- Biological
- Radiological
- Nuclear
Breakup by Equipment:
- Protective Wearables
- Respiratory Systems
- Detection and Monitoring Systems
- Decontamination Systems
- Simulators
- Others
Breakup by End Use:
- Military
- Civil and Law Enforcement
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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