Nov 28, 2017   SOURCE: BusinessWire

Global CBRN Defence Market 2018-2023 - Purpose (Detection, Protection, Decontamination, and Simulation & Training) & Application (Military and Civil law enforcement) - Research and Markets

The "CBRN Defence Market - Trends, Growth, Industry Analysis, Forecast (2018-2023)" report has been added to Research and Markets' offering.

The Global CBRN Defence Market is expected to grow at a CAGR of 4.3% in the forecast period 2015-2020. Chemical and biological compounds are replacing bullets and missiles as they are capable of dealing aerial damage with single hit. These compounds are able to spread quickly through air, water, land, food and physical contact. Thus containment and prevention of contact with CBRN agents is the top priority.

The CBRN threat is real but international laws have prevented CBRN from being used yet. The biggest market growth for CBRND is in providing protective equipment, warning and detection systems. Globally government is expecting an impending terrorist attack with CBRN agents and hence are preparing for the worst, hence CBRND market is expected to see a large demand in the forecast period.

The war preparation against terrorism will be the major driver for CBRND in the global front, with major focus and increase in budget in the regions surrounding Africa, Middle East, Asia- pacific, and Europe. The use of unconfirmed chemical WMDs in the Iran-Iraq conflict will need a huge supply of CBRND products and manpower over the 2015-2020 period for neutralisation of after-effects. The Israel's annexure of Palestine saw the usage of chemical agents against civilians in 2009. This has led the government to form CBRND teams in both armed forces and civilian law enforcement in the region.

Geographically, the North American region is expected to see a continuous growth in demand for CBRND supplies, with United States and Canada in lead. Europe too will see a growth in the CBRND market due to rising threat of terrorists compounded by the spillage of industrial pollutants due to accidents.

Asia Pacific region is expected to see a demand increase of CBRND detection and containment products. The eastern Asia is also expected to drive the demand for CBRND protective suits, contamination meters, CBRN Detection vehicles and containment capsules.

Argon Electronics, Blucher Gmbh, Bruker, Chemring, Smiths Detection and FLIR Systems Inc are few of the key players in this field. The Market is segmented by and Geography - Market forecast and Analysis (2017-2023)

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Overview And Trends

4. Market Dynamics

5. Global CBRN Defence Market, Segmented By Purpose

6. Global CBRN Defence Market, Segmented By Application

7. Global CBRN Defence Market, Segmented By Geography

8. Competitive Landscape

9. Key Vendor Analysis (Overview, Products & Services, Strategies)

10. Future Outlook Of The Market

Companies Mentioned

  • Argon Electronics
  • Avon Rubber Plc
  • Biofire Defense Llc
  • Bioquell Plc
  • Blcher Gmbh
  • Bruker Corporation
  • Chemring Group Plc
  • Cnim Group
  • Environics Oy
  • Flir Systems Inc
  • Krcher Futuretech Gmbh
  • Nbc Sys
  • Owr Gmbh
  • Paul Boy Technologies Sa
  • Proengin Sa
  • Smiths Group Plc
  • Thermo Fisher Scientific Inc
  • Tyco International Plc

For more information about this report visit https://www.researchandmarkets.com/research/w5f4vf/cbrn_defence