Global CBRNE Defense System Market Value to Reach $20.23bn by 2025

"The global CBRNE defense system market value is projected to reach $20.23 billion by 2025, reveals the premium market intelligence study. The study also highlights that the market value is set to witness a CAGR of 4.10% during the period 2020-2025.

The comprehensive study of the global CBRNE defense system market extensively covers the following:

• Market numbers on micro-segments that are influencing the market
• More than 500 products present in the market
• Evaluation of over 50 companies
• Detailed global and regional market share analysis including the scrutiny of more than 15 countries
• Impact of COVID-19 on the global CBRNE defense system market

The study encompasses the market growth drivers, opportunities, market restraining factors, competition mapping, and segmental analysis.

This study indicates that the increasing usage of CBRNE weapons by terrorist groups, shifting geopolitical environment, and rising adoption of protective wearables in CBRNE environments, among other factors, are fueling the growth of the market.

The study highlights the various emerging opportunities, such as designing advanced technologies for the detection of CBRNE threats, developments in unmanned Systems for the detection and disposal of CBRNE threats, and adopting simulator technology to enhance CBRNE training, which can be leveraged by players operating in the market.

In order to gain a holistic view of the market, data from different segments of the market has been analyzed minutely. These segments include application, end user, component, contamination type, and region. Each of these segments is further categorized into sub-segments and micro-segments to compile an in-depth study.

Haidar Ali, a Lead Analyst, states, " Companies across the world are investing a significant amount of resources in developing advanced CBRNE defense technologies to counter hazardous threats. Governments are adopting advanced cutting-edge technologies in their infrastructure that detect and identify CBRNE threats by employing multiple data sources and uses data fusion, pattern matching, machine learning, and adversary modeling techniques.”

Key insights are drawn from in-depth interviews with the key opinion leaders of more than 20 leading companies, market participants, and vendors. The key players profiled in the report include 3M, AB Precision (Poole) Ltd, Airboss Defense Inc., Argon Electronics Ltd., Avon Rubber PLC, Block Engineering, LLC., Bruker Corporation, Chemring Group PLC, Cristanini SPA, Critical Solutions International (CSI), Environics Oy., FLIR Systems, Inc., HoldFast System, Kärcher Futuretech GmbH, MSA Safety, Inc., OPEC CBRNE, Rapiscan Systems, and Smiths Group.

The study also offers strategic recommendations that can help organizations track various products, trends, and technologies that are changing the dynamics of the market. The recommendations by BIS Research also offer bespoke research services to help organizations meet their objectives.

Who should buy this report?

• Manufacturers and suppliers of the CBRNE defense equipment
• Defense contractors in the CBRNE defense system market
• Regulatory Bodies that control CBRNE incidents
• CBRNE management software developers

How can market intelligence on CBRNE defense system add value to an organization’s decision-making process?

• Aids in product development
• Helps in targeting a segment for launching a new product
• Offers go to market strategies for the different source type
• Supports in diversifying the product portfolio basis risk and progression of technology
• Helps in analyzing technological substitutes and compare the specification
• Aids in understanding the end-user requirement
• Assists in exploring the newer application
• Supports in analyzing the competitors’ geographical scenario

Insightful Questions Covered to Enable Companies to Take Strategic Decisions

• What are the major drivers, challenges, and opportunities behind the demand for the global CBRNE defense system market during the forecast period, 2020-2025?
• How has COVID-19 affected the growth of the global CBRNE defense system market?
• Who are the key players in the global CBRNE defense system market, and what is the competitive benchmarking?
• What new strategies are being adopted by the existing market players to make a mark in the industry?
• How is each segment of the global CBRNE defense system market expected to grow during the forecast period, and what is the revenue anticipated to be generated by each of the segments by the end of 2025?
• What are the trends in the global CBRNE defense system market across different regions? What was the revenue generated in 2019, and what are the estimates for 2025?
• Which region is expected to contribute the most to the global CBRNE defense system market during the forecast period?"

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