You are here
The CBRNE Detection Equipment Market is expected to reach $12.98 billion by 2023.
CBRNE detection equipment market worth $9,673.3 million in 2017 and is expected to grow with CAGR of 5.5% till 2023. In the recent times, the major CBRNE incidents are commonly performed by using chemical agents
According to the new market research report by IndustryARC titled “CBRNE Detection Equipment Market (2018-2023)”, the market is driven by the growth of CBRNE incidents across the world and the need for security.
Americas dominates the CBRNE Detection Equipment Market during the forecast period:
Americas has the largest share in the CBRNE Detection Equipment Market.It is expected to reach $1.5 Billion by 2023 at a CAGR of 5.1%. The US is the main country which is the top CBRNE equipment manufacturer and is also a consumer of CBRNE equipment. Middle Eastern and African regions are also growing rapidly. Americas and Europe hold 59.0% of the total market share.
In the Asia Pacific, countries like China, India, South Korea, and Syria are the emerging economies in the region.
CBRNE Detection Equipment Market Analysis done in the full Report:
The commercial and logistics security segment is the fastest growing segment with a huge demand for the CBRNE equipment. This segment is related to harbors, airports, transportations malls, shopping malls, and other commercial locations, where import and export takes place. Illicit trading has become a major problem nowadays, since explosive transportation is a part of it. Hence, commercial and logistics security is needed for continuous monitoring at vulnerable places.
Excerpts on Market Growth Factors:
• The need for detecting CBRNE materials is the main factor driving the CBRNE Detection Equipment Market. Since the post damage attack costs are high, in terms of death and loss of property, it is necessary to follow precautions for avoiding the CBRNE attacks.
• Protective equipment is required for end users like the defense industry, first responders, and persons related to law enforcement. To protect themselves and othersfrom threats, these end user industries require more sensitive equipment. . This factor is slated to drive the growth of CBRNE detection technologies in the coming years.
To access the full report click on the below link:
Key players of the CBRNE Detection Equipment Industry:
The key players of the CBRNE Detection Equipment Market include Thermo Fisher, Smiths, Bruker, Environics, and Drager. They manufacture chemical detectors such as FirsDefender RM, HazMatlD Elite, Tracer III-V/III-SD, ChemPro100i and X-am 2000.
CBRNE Detection Equipment Market report is segmented as below:
CBRNE equipment has applications among end users such as armed forces, emergency responders, fire brigades, Special Forces, and commercial & logistics security.
A. By Detection
B. By System
C. By End User
D. By Geography(covers 17+ countries)
E. By Entropy
A. Wearable Medical Devices Market
B. Dialysis Equipment Market
IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.
IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications in a Market. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business.
We look forward to support the client to be able to better address their customer needs, stay ahead in the market, become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.