CBRN Defense Market

Market Leader - CBRN Defense Market

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. Chemical, Biological, Radiological, Nuclear, and high yield explosives defense solutions are the defense measures used by governments, armed forces, and first responders against CBRN threats by detection, identification, and prevention techniques. The CBRN defense market has evolved considerably owing to rising geopolitical tensions. The supply side of the market has witnessed the introduction of modern technologies such as virtual reality, augmented reality, and the Internet of Things (IoT). This market is expected to have exponential growth owing to the surge in demand for CBRN defense equipment across industries. Increased military spending globally is a major factor driving the market.

Major manufacturers in this market are based in North America and Europe. Rheinmetall Defence (Germany), Smiths Group PLC (UK), Teledyne FLIR LLC (US), Bruker Corporation (US), and Chemring Group PLC (UK), are among a few leading players operating in the CBRN Defense market.

Rheinmetall Defence is a part of Rheinmetall AG. The company manufacturers defense equipment and systems for government, military, and security forces. Rheinmetall Defence is amongst the top five players in the market owing to its large revenue through its product segment in the mobile CBRN reconnaissance systems. It has a wide variety of product portfolios, such as the Fuchs/Fox armored NBC reconnaissance system dealing with CBRN threats.

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Smiths Group PLC is involved in designing, developing, and manufacturing various products for the medical devices, contraband, and threat detection, communications, and energy markets across the world. Smiths Detection, a part of Smiths Group PLC, deals with CBRN threat detection. The company is in the top 5 market players because of its global presence and wide product portfolio.

Teledyne FLIR LLC is a global leader in developing technologies in advanced sensors and integrated sensor systems for gathering data related to people, objects, and substances for governments, industries, and commercial markets. It is a subsidiary of Teledyne Technologies (US). The company manufactures, markets, and distributes technologies to enhance the perception and awareness of CRBNE defense. Teledyne FLIR provides CRBNE defense systems such as airborne systems, CRBN detectors, thermal detection cameras, and integrated solutions. The company’s clients include governments and industries.

Bruker Corporation operates through three business segments: Bruker Life Science, BEST Nano, and Bruker Energy & Supercon Technologies (BEST). The company has a presence in major countries of the world. The company produces CBRN detection and identification equipment such as Ion mobility spectrometer, mobile gas chromatography, and radiological detection equipment.

Chemring Group PLC operates through three main business segments: counter-measures, sensors & electronics, and energetic systems. It offers CRBN defense systems through the sensors & electronics systems segment, which is engaged in developing and manufacturing chemical and biological threat detection equipment, IED detection equipment, IED electronic countermeasures, explosive ordnance disposal equipment, and network protection technologies. The company has a global presence and a wide product portfolio. The company’s growth is driven by its contracts with government agencies and acquisitions.

Related Reports:

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

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Report Code
AS 5513
RI Published ON
2/28/2022
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