Apr 5, 2022   SOURCE: BusinessWire

Global CBRN Defense Market to 2026 - Rise in Use of CBRN Safety Measures by Emergency Medical Services Presents Opportunities - ResearchAndMarkets.com

The "CBRN Defense Market by Type, End Use (Defense and Civil & Commercial), Equipment (Protective Wearables, Respiratory Systems, Detection & Monitoring Systems, Decontamination Systems, Simulators, Information Management Software) & Region - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.

The global CBRN defense market is projected to grow from USD 17.4 billion in 2021 to USD 22.2 billion by 2026, at a CAGR of 5.0% during the forecast period.

Based on Type, chemical segment is estimated to witness the largest share of the CBRN Defense market from 2021 to 2026.

Based on type, chemical segment of the CBRN Defense market is estimated to held the dominant market share in 2021. The chemical defense segment includes detection, identification, and protective equipment used against chemical agents such as Toxic Industrial Chemicals (TIC), Toxic Industrial Materials (TIM), and Chemical War Agents (CWA). The protective equipment used for CBRN defense includes protective wearables such as hazmat suits, gas masks, gloves, and footwear. Equipment such as portable devices and laboratory test instruments are used for the detection of chemical agents. Due to increase in chemical warfare threats globally, will drive this segment.

For instance, in December 2021, U.S. Defense Threat Reduction Agency's Joint Science and Technology Office awarded an contract worth USD 15.7 million to Teledyne FLIR to develop augmented reality software that can pinpoint chemical threats and map them for the military.

Based on Equipment, protective wearables segment of the CBRN Defense market is projected to witness the largest share in 2021.

Based on equipment, protective wearables segment is projected to lead the CBRN Defense market during the forecast period. Protective wearables provide protection against CBRN threats. The protective wearables include protective clothing, protective gas mask and hoods, escape devices, protective shoes, and protective gloves. The main users of CBRN defense equipment include first responders in the police, fire safety department, and hazmat safety officers in the commercial and civil sectors. Military users include CBRN response teams in the armed forces. The level and contamination determine which type of CBRN protective wearable can be used. This segment is leading due to fully integrated Mopp-4 suit for the highest chemical and biological threat protection, wide industrial application, and advancement in technology.

Based on end use, defense segment is estimated to account for the largest share of the CBRN Defense market from 2021 to 2026.

Based on end use, defense segment is estimated to account for the largest share of the CBRN Defense during the forecast period. The defense segment includes military and homeland security. Military users include the army, navy, and air force. The CBRN defense equipment used by the defense segment includes protective wearables, detection equipment, and decontamination systems. Homeland security personnel using CBRN defense equipment comprises first responders in the police, fire safety departments, and hazmat safety officers. The defense segment in Asia Pacific is projected to grow at the highest CAGR during the forecast period.

The Asia Pacific market is projected to contribute the largest share from 2021 to 2026 in the CBRN Defense market

Based on region, Asia Pacific is expected to lead the CBRN Defense market from 2021 to 2026 in terms of market share. An increase in the instances of terror attacks in the Asia Pacific region has led countries of the region to enhance their CBRN defense capabilities. In addition, the increase in defense expenditures of India and China, among others, and the expansion of military commands in emerging economies have accelerated the demand for CBRN Defense in the Asia Pacific region. The demand for CBRN defense solutions can be attributed to the increasing investments by countries for the development and procurement of advanced CBRN defense solutions for their armed forces, border protection, biowarfare programs.

Prominent players from this region include Rheinmetall Defence (Germany), Smiths Group PLC (UK), and Chemring Group PLC (UK).

Market Dynamics

Drivers

  • Increased Defense Spending Globally
  • Growing Technological Innovations
  • Favorable Regulations and International Agreements
  • Ease of Availability of Cbrn Weapons

Restraints

  • Lack of Investment in Research and Development
  • Saturated Market in Developed Countries

Opportunities

  • Rise in Use of Cbrn Safety Measures by Emergency Medical Services
  • Emerging Markets in Southeast Asia
  • Lack of Adequate Training

Challenges

  • Recovery from Pandemic
  • Lack of Sufficient Funding

Companies Mentioned

  • Airboss Defense Group Inc.
  • Argon Electronics (Uk) Ltd.
  • Arktis Radiation Detectors Ltd
  • Avon Protection plc
  • Battelle Memorial Institute
  • Bioquell, An Ecolab Solution
  • Blucher Gmbh
  • Bruker Corporation
  • Chemring Group plc
  • Cristanini Spa
  • Cubic Corporation
  • Environics Oy
  • HDT Global
  • Indra
  • Karcher Futuretech Gmbh
  • Leidos
  • Msa Safety, Inc.
  • Nexter Group Knds
  • Qinetiq
  • Rapiscan Systems
  • Rheinmetall Defence
  • Saab Ab
  • Smiths Group plc
  • Teledyne Flir LLC
  • Thales Group

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