IMARC Group, a leading market research company, has recently releases report titled “CBRN Defense Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global CBRN defense market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the CBRN defense market?
Report Attributes | Details |
Market Size in 2022 | US$ 19.5 Billion |
Market Forecast in 2028 | US$ 27.1 Billion |
Growth rate (2023 to 2028) | CAGR of 5.6% |
Base Year of the Analysis | 2022 |
Forecast Period | 2023-2028 |
What is CBRN defense?
Chemical, biological, radiological, and nuclear (CBRN) defense refers to the protective measures taken in situations where chemical, biological, radiological, or nuclear warfare hazards may be present. Conventional arms and ammunition systems are being increasingly replaced by CBRN weapons owing to their lethal potential for affecting the target on a much larger scale. CBRN defense comprises of passive protection, contamination avoidance, mitigation, etc. Examples of such defense systems include protective wearables, respiratory systems, detection and monitoring systems, decontamination systems, simulators, etc. CBRN defense equipment are utilized by military and law enforcement bodies across the globe.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.
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What are the growth prospects and trends in the CBRN defense industry?
The escalating risk of CBRN terrorism and nuclear warfare is one of the primary factors driving the CBRN defense market. Moreover, the adoption of advanced safety measures by various authorities concerned with medical services and the introduction of CBRN-related medical countermeasures are further catalyzing the market growth. Besides this, the growing ease of procurement of chemicals and materials for manufacturing CBRN weapons is propelling the demand for suitable defense systems across countries. Additionally, several demilitarization initiatives, such as the reduction of CBRN weapon stockpiles, and the expanding investments in CBRN resistance technologies are augmenting the global market. Apart from this, the launch of CBRN reconnaissance vehicles with real-time monitoring capabilities, georeferencing chemical compounds, LASER technology, etc., is acting as another significant growth-inducing factor.
What is included in market segmentation?
The report has segmented the market into the following categories:
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 (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa
Who are the key players operating in the industry?
The report covers the major market players including:
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
Thales Group..
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