 |
Full CBRN Security Market Description is Available at:
In addition, the initiatives for training the armed troops for
protection of civilians during incidents of CBRN attacks are also
escalating the demand for CBRN security worldwide. Various
governmental and non-governmental organizations worldwide are
investing in the development of effective CBRN security solutions.
However, the economic condition of a country often poses as a major
restraint in the investment and procurement of enhanced CBRN
solutions from developed nations.
Based on segmentation by type, the global CBRN security market has
been categorized into chemical, biological, radiological and nuclear
security. With the adoption of advancing technology and increasing
research initiatives worldwide, new generation CBRN security
equipment are launched in market primarily focusing on use by the
government organizations, military and law enforcement agencies.
Additionally, the concerns for protection of civilian lives by
natural or intentional CBRN incidents is boosting the demand for CBRN
security systems based on functions such as protection equipment,
detection, decontamination and simulation. Owing to these factors,
the global CBRN security market is growing at a rapid pace.
Demand for nuclear security segment is increasing globally at a very
high pace owing to the congressional mandates and restrictions by
international laws against the use of nuclear weapons. Additionally,
the chemical security segment is gaining importance among various
military and law enforcement agencies, owing to evidences of
terrorist organizations procuring chemical agents to develop weapons
of mass destruction.
Request the Sample Research Report at:
Based on the geographical segmentation, North America lead the global
CBRN security market with market revenue share more than thirty
percent in 2014 and is expected to continue its dominance throughout
the forecast period from 2015 to 2021. Growing interest for effective
CBRN control and increasing adoption of enhanced security systems to
prevent CBRN incident are the major factors driving the growth of the
CBRN security market in North America. Following North America, the
largest market in the global CBRN security market was estimated to be
Europe. Owing to increasing threat from terrorist organizations and
various biological diseases in Europe, the market for CBRN Security
in the region is expected to surge in during the forecast period.
Considering the developing economies and the escalating arms race in
the Asia Pacific (APAC), the CBRN security market in the region is
presently estimated to be growing at a CAGR of 4.6% from 2015 to
2021. APAC is estimated to be the fastest growing region in the
global CBRN security market currently. The Rest of the World (RoW)
CBRN security market is growing primarily owing to the political
disputes, increasing power of various anti-national organizations,
and existing crime rackets in the region. Competition and investment
in the market are expected to be fuelled by the advancing
technological developments, which in turn are expected to offer
lucrative opportunities over the forecast period.
Segmentation on the basis of function includes protection, detection,
decontamination and simulation. Protection is estimated to be the
largest segment in the global CBRN security market by functions.
Whereas, decontamination is estimated to be the most attractive
segment in the global CBRN security market over the forecast period,
followed by detection. The key players in the CBRN security market
are Argon Electronics (U.K.) Ltd., Bruker Corporation, FLIR Systems,
Inc., Blücher GmbH, HDT Global, AirBoss Defense, Inc., General
Dynamics Corporation, MSA Safety, Inc., Kärcher Futuretech GmbH and
Thales Group among others.
Download the Brochure of this Market Report at:
No comments:
Post a Comment