Market Research Report
CBRN Defense Market by Type, Equipment (Protective Wearables, Respiratory Systems, Detection & Monitoring Systems, Decontamination Systems, Simulators, Information Management Software), End User (Defense, Civil, & Commercial) - Global Forecast to 2022
|Published by||MarketsandMarkets||Product code||545447|
|Published||Content info||154 Pages
|CBRN Defense Market by Type, Equipment (Protective Wearables, Respiratory Systems, Detection & Monitoring Systems, Decontamination Systems, Simulators, Information Management Software), End User (Defense, Civil, & Commercial) - Global Forecast to 2022|
|Published: August 18, 2017||Content info: 154 Pages||
The CBRN defense market is projected to grow from USD 14.68 billion in 2016 to USD 19.15 billion by 2022, at a CAGR of 4.65% from 2017 to 2022 during the forecast period. Growth in this market is attributed to the rise in transnational disputes, threats from terrorist groups, and hostile neighboring countries. However, factors such as market saturation in developed countries can restrain the growth of the CBRN defense market in the near future.
Based on type, the chemical segment is estimated to lead the CBRN defense market in 2017. Growth in this market is attributed to the increasing demand for protection against Chemical Warfare Agents (CWA). These include various protective wearables, detection equipment, and chemical simulators. Use of chemical CBRN protection equipment in the civil and commercial sectors is due to the growth in chemical industries and requirement for protection against toxic industrial chemicals.
Based on equipment, the protective wearables segment is estimated to lead the CBRN defense market in 2017, which can be attributed to investments by various nations in CBRN protective clothing. North America is expected to lead in the protective wearables segment during the forecast period, largely the US and Canada.
North America led the CBRN defense market in 2017, which has been studied for the US and Canada. The US leads the CBRN Defense market in North America. Factors responsible for the leading position of North America are the investments in CBRN equipment, threat from terrorism, and increase in transnational disputes. Technological advancements by major players also contribute to the growth of the CBRN defense market in the region.
Break-up of the profile of primary participants for this report:
Major players in the CBRN defense market are FLIR Systems, Inc. (US), Chemring Group PLC (UK), Bruker Corporation (US), Smiths Group plc. (UK), and Argon Electronics (UK) Ltd., among others.
The study segments the CBRN defense market on the basis of type (chemical, biological, radiological and nuclear), equipment (protective wearables, respiratory systems, detection & monitoring systems, decontamination systems, simulators, and information management systems), end user (civil & commercial, defense), and region (North America, Europe, Asia Pacific, Middle East & Africa, and Rest of the World). The report provides in-depth market intelligence regarding the market dynamics and major factors that influence the growth of the CBRN defense market (drivers, restraints, opportunities, and industry-specific challenges), along with an analysis of micromarkets with respect to individual growth trends, future prospects, and their contribution to the CBRN defense market.
From an insight perspective, this research report focuses on various levels of analyses - industry analysis (industry trends); market share analysis of top players; company profiles; emerging and high-growth segments of the market; high-growth regions; and market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
*Details on Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.