CBRN Defense Market

Contracts, New Product Launches, Agreements, And Acquisitions are Among the Key Strategies Adopted by Leading Players to Grow in the CBRN Defense Market

In 2017, the CBRN defense market is estimated to be led by FLIR Systems, Inc. (US), Chemring Group PLC (UK), Bruker Corporation (US), Smiths Group plc. (UK), and Argon Electronics (UK) Ltd., among others, and are expected to continue to lead till 2022.

Contracts is the key strategy adopted by industry players to grow in the CBRN defense market. The core competencies of these market players include their widespread geographical presence and increased investments in R&D.

FLIR Systems, Inc. (US) is a leading player in the CBRN defense market and operates through varied business segments, such as surveillance, instruments, security, OEM & emerging markets, maritime, and detection. The company provides CBRN defense products through its instruments segment. Core competencies of the company include chemical, biological, radiological, and explosive detection. The company majorly focuses on securing contracts and undertaking collaborations to improve its position in the CBRN defense   market. In May 2017, FLIR Systems, Inc. won a contract from the US DoD worth USD 54.2 million for the delivery of 50 CBRN dismounted reconnaissance sets, kits, and outfits. In August 2015, the company won a contract worth USD 30 million from the US Army for the delivery of CIDAS systems.

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Bruker Corporation (US) operates its business through two business segments, namely, Bruker Scientific Instruments (BSI) and Bruker Energy & Supercon Technologies (BEST). The company provides CBRN defense through its Bruker Scientific Instruments (BSI) segment. The company provides various CBRN detection systems and laboratory testing equipment. It majorly focuses on securing contracts, new product launches and mergers and acquisitions to strengthen its position in the CBRN defense equipment market. In January 2017, Bruker Corporation acquired Hysitron, Inc. which manufactures nanomechanical test instrumentation. In December 2016, the company received a contract from the German Civil Defense Authority (BBK) to deliver 300 RAID M-100 hand held chemical detectors.

Related Reports:

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

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Report Code
AS 5513
RI Published ON
6/15/2018
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