Growing investments in CBRN resistance technologies and rise in safety measures taken by authorities concerned with medical services are expected to drive the demand for global CBRN defense market in the forecast period, 2023-2027.
According to TechSci Research report, “CBRN Defense Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027”, the global CBRN defense market is anticipated to witness robust growth in the forecast period, 2023-2027. Chemical, biological, radiological, and nuclear (CBRN) defense systems are used to create mass destruction to control or stabilize combat situations. The public and private players are working on the integration of advanced technologies in CBRN systems to have the upper hand in warlike situations. Due to the access to CBRN materials of terrorist groups and non-state actors, international threats have been on the rise, which has made the government bodies support and invest heavily in the CBRN systems.
However, the CBRN defense industry is still at a nascent stage and requires sufficient funding, and the lack of funding may restrain the global CBRN defense market growth in the forecast period.
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The global CBRN defense market is segmented into type, equipment, purpose, end use, regional distribution, and competitive landscape.
Based on type, the market is divided into chemical, biological, radiological, nuclear, and explosive. The chemical segment is expected to hold the largest market share in the forecast period, 2023-2027. The chemical defense segment consists of detection, protective, and identification equipment used against chemical agents such as Toxic Industrial Materials (TIM), Chemical War Agents (CWA), and Toxic Industrial Chemicals (TIC). Laboratory test instruments and portable devices are used for the detection of chemical agents. The protective equipment used in CBRN defense includes gloves, footwear, and hazmat suits.
Based on equipment, the market is divided into protective wearables, respiratory systems, detection & monitoring systems, decontamination systems, simulators, and information management software. Protective wearables are expected to capture the highest market share over the next five years. They provide protection against the CBRN threats and include protective shoes, protective gloves, escape devices, protective clothing, and protective masks and hoods. Protective wearables witness high demand from the armed forces response team, first responders in police, and fire safety department, amongst others. The growing focus on the worker’s safety and providing them with necessary equipment while decontaminating the sources are expected to accelerate the segment demand over the next five years.
Based on purpose, the market is divided into detection, protection, decontamination, simulation, and training. The protection segment is expected to witness the fastest incremental growth in the forecast period. The growing focus of authorities on enhancing the safety and security of defense personnel and civilians againsnt CBRN is expected to influence the market demand positively. The government is working on deploying the defense solutions at public places such as across country and state borders, airports, and public transportations to protect the civilians from mass destruction equipment is expected to fuel the market demand over the next five years.
Based on end use, the market is divided into armed forces, homeland security, civil & commercial. Armed forces are expected to hold the largest market share in the forecast period, 2023-2027. The defense equipment used by the armed forces in CBRN defense is decontamination equipment, protection wearables, and detection equipment. The rise in the adoption of advanced defense solutions and military drones and procurement of manned and unmanned aerial vehicles with CBRN capabilities is expected to boost the segment demand.
Major market players operating in the global CBRN defense market are:
- Teledyne Flir LLC
- Chemring Group PLC
- Bruker Corporation
- Thales Group
- Msa Safety, Inc.
- Smiths Group PLC
- Avon Protection PLC
- Airboss Defense Group Inc.
- Cubic Corporation
- Rheinmetall AG
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“On the basis of regional analysis, the Asia-pacific region is expected to witness the highest growth over the next five years, 2023-2027. The rise in terrorism activities and cross-border conflicts led the countries in the Asia-pacific region to focus on enhancing their CBRN capabilities. The increase in the investments from developing countries for developing and procuring advanced CBRN solutions is expected to accelerate the market demand. Also, the high defense expenditure in countries like China, India, and Japan and the expansion of the armed forces in developing countries is further expected to contribute to the global CBRN defense market growth till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“CBRN Defense Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Type (Chemical, Biological, Radiological, Nuclear, Explosive), By Equipment (Protective Wearables, Respiratory Systems, Detection & Monitoring Systems, Decontamination Systems, Simulators, Information Management Software), By Purpose (Detection, Protection, Decontamination, Simulation and Training), By End Use (Armed Forces, Homeland Security, Civil & Commercial), and By Region”, has evaluated the future growth potential of global CBRN defense market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global CBRN defense market.
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