Market Research Report
Global CBRN defense Market Size study, by Function (Detection, Protection, Decontamination, Simulation & Training), Application (Military, Civil Law Enforcement) and Regional Forecasts 2021-2027
|Published by||Bizwit Research & Consulting LLP||Product code||1009740|
Delivery time: 2-3 business days
|Global CBRN defense Market Size study, by Function (Detection, Protection, Decontamination, Simulation & Training), Application (Military, Civil Law Enforcement) and Regional Forecasts 2021-2027|
|Published: June 5, 2021||Content info:||
Global CBRN defense Market is valued approximately USD 17.84 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5 % over the forecast period 2021-2027. CBRN is the short form which is used to describe the malicious use of Chemical, Biological, Radiological and Nuclear materials or weapons to cause significant harm or disruption. Growing threats from terrorists and rising military budgets for the protection of military personnel has led the adoption of CBRN defense across the forecast period. For instance, As per STOCKHOLM INTERNATIONAL PEACE RESEARCH INSTITUTE (SIPRI) Total global military expenditure rose to $1981 billion last year, an increase of 2.6 per cent in real terms from 2019. However, high manufacturing costs impedes the growth of the market over the forecast period of 2021-2027. Also, increasing use of nuclear energy and the integration of CBRN training, the adoption & demand for CBRN defense is likely to increase.
Global CBRN defense Market is segmented on the basis of geographical region as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the technology advancement and major defense equipment industry located in this region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as rising military budget and constant threats from terrorist organizations would create profitable growth prospects for the CBRN defense Market across Asia-Pacific region.
Major market player included in this report are:
FLIR Systems Inc
Chemring Group PLC
MSA Safety, Inc.
Smith's Group PLC
Argon Electronics (UK) Ltd.
Airboss Defense Inc.
Karcher Futuretech GmbH
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Simulation & Training
Civil Law Enforcement
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global CBRN defense Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
List of figures