CBRN Security Market -
The global chemical, biological, radiological, and nuclear (CBRN)
security market is driven by the escalating demand for efficient CBRN
incident combat equipment. Moreover, the rising importance of the
safety of civilian lives during CBRN incidents caused artificially,
naturally, or intentionally is expected to contribute towards the
growth of the global CBRN security market. The global chemical,
biological, radiological, and nuclear (CBRN) security market is
segmented on the basis of geography, function, and type. Based on
geography, the global CBRN market is divided into Europe, Asia
Pacific, North America, and Rest of the World. In 2014, North America
led the global CBRN security market due to the rising adoption of
effective security systems and the increasing interest in effective
CBRN control.
Some of the leading players operating in the global CBRN security
market are Argon Electronics (U.K.) Ltd., FLIR Systems, Inc., HDT
Global, General Dynamics Corporation, Kärcher Futuretech GmbH,
Thales Group, Bruker Corporation, Blücher GmbH, AirBoss Defense,
Inc., and MSA Safety, Inc. By function, the global CBRN security
market is classified into detection, protection, decontamination, and
simulation systems. Although the simulation segment is currently
progressing at a slow pace, it is expected to be the fastest growing
segment in the years to come. Factors such as unfavorable
geopolitical issues and demilitarization initiatives adopted by many
nations are predicted to benefit the global market for CBRN security
in the next few years.
CBRN Security Analysis Report: http://bit.ly/1VZx4XV
By type, the global chemical, biological, radiological, and nuclear
(CBRN) security market is classified into nuclear, radiological,
biological, and chemical security. Currently, leading players are
focusing on introducing new-generation CBRN security equipment by
adopting better research initiatives and advanced technology. The
high cost of installation, refurbishment, and maintenance is
predicted to hamper the growth of the global CBRN security market in
the years to come. However, military modernization programs and the
rising demand for CBRN security in the Middle East and Africa and
Asia Pacific are predicted to create new growth opportunities in the
global CBRN security market.
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