CBRN Defense Industry Sizeworth $22.2 billion by 2026

CBRN Defense Industry worth $21.4 billion by 2028

According to a research report "CBRN Defense Market by Type, End Use, Equipment (Protective Wearables, Respiratory Systems, Detection & Monitoring Systems, Decontamination Systems, Simulators, Information Management Software) & Region – Global Forecast to 2028" The CBRN Defensemarket is estimated at USD 16.1 billion in 2023 and is projected to reach USD 21.4 billion by 2028, at a CAGR of 5.8 % from 2023 to 2028. Governments, armed forces, and first responders employ defense measures to counter Chemical, Biological, Radiological, Nuclear (CBRN), and high yield explosives threats. These solutions encompass detection, identification, and prevention techniques. The CBRN defense market has experienced significant evolution, driven by escalating geopolitical tensions. Modern technologies like virtual reality, augmented reality, and the Internet of Things (IoT) have been introduced on the supply side of the market. Anticipated exponential growth is attributed to the growing demand for CBRN defense equipment across various industries, supported by increased global military spending.

Browse 205 market data Tables and 60 Figures spread through 241 Pages and in-depth TOC on "CBRN Defense Market by Type, End Use, Equipment (Protective Wearables, Respiratory Systems, Detection & Monitoring Systems, Decontamination Systems, Simulators, Information Management Software) & Region – Global Forecast to 2028"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/cbrn-defense-market-112383226.html

The CBRN Defense Market includes major players Rheinmetall Defence (Germany), Thales Group (France), Smiths Group PLC (UK), Teledyne FLIR LLC (US), Bruker Corporation (US). These players have spread their business across various countries.

Based on Type, chemical segment is estimated to witness the largest share of the CBRN Defense market from 2023 to 2028.

Based on type, the market is segmented into Chemical, Biological, Radiological, Nuclear and Explosives. The chemical segment of the CBRN Defense market is estimated to hold the dominant position in the market in 2023. CBRN defense relies on protective gear like hazmat suits, gas masks, gloves, and footwear. Detection of chemical agents is facilitated by portable devices and laboratory test instruments. The surge in global chemical warfare threats serves as a significant driver for the growth of this equipment segment.

Based on Equipment, protective wearables segment of the CBRN Defense market is projected to witness the largest share in 2023.

Based on equipment, the protective wearables segment is projected to lead the CBRN Defense market during the forecast period. Protection against CBRN threats is provided by protective wearables, encompassing protective clothing, gas masks and hoods, escape devices, footwear, and gloves. Primary users of CBRN defense equipment are first responders in the police, fire safety department, and hazmat safety officers in commercial and civil sectors. Military users include CBRN response teams within the armed forces. The choice of CBRN protective wearables is determined by the level and nature of contamination. This segment is at the forefront due to the availability of fully integrated Mopp-4 suits, offering the highest chemical and biological threat protection. Its prominence is further underscored by wide-ranging industrial applications and technological advancements.

Based on end use, the defense & government segment is estimated to account for the largest share of the CBRN Defense market from 2023 to 2028.

Based on end use, the defense & government segment is estimated to account for the largest share of the CBRN Defense during the forecast period. CBRN defense equipment within the defense sector encompasses protective wearables, detection tools, and decontamination systems. Homeland security personnel, including first responders in the police, fire safety departments, and hazmat safety officers, utilize this equipment. Notably, the defense & government segment in the Asia Pacific region is anticipated to experience the highest compound annual growth rate (CAGR) throughout the forecast period.

The Asia Pacific market is projected to contribute the largest share from 2023 to 2028 in the CBRN Defense market.

The Asia Pacific region is forecasted to lead the CBRN Defense market in terms of market share from 2023 to 2028. The Asia Pacific region has witnessed a rise in terror attacks, prompting countries in the area to bolster their CBRN defense capabilities. Notably, the increased defense expenditures of nations such as India and China, coupled with the expansion of military commands in emerging economies, have spurred the demand for CBRN defense in this region. The growing need for CBRN defense solutions is a result of heightened investments by countries, focusing on the development and procurement of advanced CBRN defense measures for their armed forces, border protection, and biowarfare programs.

The primary strategy employed by key players to maintain their presence in the CBRN Defense market was the establishment of contracts, complemented by the introduction of new products featuring advanced technologies. Additionally, numerous companies engaged in collaborations to establish dedicated research and development centers for advanced CBRN Defense solutions. The market is largely controlled by a select group of globally recognized players, including Rheinmetall Defence (Germany), Thales Group (France), Smiths Group PLC (UK), Teledyne FLIR LLC (US), Bruker Corporation (US), among others.

Don’t miss out on business opportunities in CBRN Defense Market. Speak to our analyst and gain crucial industry insighs that will help your businessgrow.

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on TwitterLinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

CBRN Defense Market Size,  Share & Growth Report
Report Code
AS 5513
PR Published ON
1/15/2024
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the CBRN Defense Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status
...

Digital Virtual Assistant - MarketsandMarkets

Home