CBRN Defense Market Is Expected To Grow At A CAGR Of Around 5% During 2016-2021
Market Synopsis of CBRN Defense Market
The global CBRN Defense market is expected to grow at a CAGR of around 5% during 2016-2021. This growth is driven due to significant demand and procurement of CBRN defense in military and civil law enforcement applications.
As per the MRFR analysis, an increased investment in CBRND is one of the key drivers for global CBRN Defense market. The challenges associated with the market are defense budget cuts, threat of extremist attacks, its severe impact on environment, and threat to national security would hamper the market growth.
The Americas is leading the global CBRN Defense market in 2015, however APAC will have the fastest growth in terms of overall sales and growth rate and will outpace other regions in the forecast period. China, India, and Pakistan in particular, are pursuing new sea-based nuclear delivery systems, cruise missile, and ballistic missile, and possess over 500 nuclear arsenals.
Market Segmentation of CBRN Defense Market
Global CBRN Defense Market segmented as
- By Purpose: Detection, Protection, Decontamination and Simulation & Training
- By Applications: Military and Civil Law Enforcement
- By Geography
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- In 2015, the market was led by Americas with a share of around 38%.
The leading market players in the global CBRN Defense market primarily include
- Alfred Karcher
- Bruker Corporation
- Chemring Group
- Elbit Systems and Smiths Detection
The other prominent vendors include:
- AirBoss of America Corporation
- Rheinmetall AG and Thales Group
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Study Objectives of CBRN Defense Market
- To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global CBRN Defense Market
- To provide insights about factors affecting the market growth
- To analyse the Global CBRN Defense Market based on various factors- price analysis, supply chain analysis, porter’s five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
- To provide country-level analysis of the market with respect to the current market size and future prospective
- To provide country-level analysis of the market for segment by purpose and applications
- To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market
- To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global CBRN Defense Market
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Regional and Country Analysis of CBRN Defense Market
As per the MRFR analysis, the Americas CBRN Defense market is poised to reach Billion in 2021, to grow at a CAGR of around 4% during the forecasted period.
The reports also cover country level analysis:
Americas (North & Latin)
- Rest of Europe
Asia – Pacific
- Australia/New Zealand
- Rest of Asia-Pacific
Middle East & Africa
- Rest of Middle East & Africa
The market report for CBRN Defense of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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