CBRN Defense Market Was Valued At USD 17,504.6 Million in 2030, With a Projected CAGR of 5.72% From 2024 to 2030
CBRN Defense Market Trends, Growth, Forecast 2030 | MRFR
Market Research Future (MRFR) has published a cooked research report on the “Global CBRN Defense Market” that contains information from 2024 to 2030. The CBRN Defense market is estimated to register a CAGR of 5.72% during the forecast period of 2024 to 2030.
MRFR recognizes the following companies as the key players in the global CBRN Defense market— MSA Safety, Inc, Smiths Group Plc, Teledyne FLIR LLC, Chemring Group Plc, Leidos, Inc, Avon Protection, Blücher GmbH, Argon Electronics (UK) Ltd, Seyntex, Saab AB, and FLIR Systems, Inc.
CBRN Defense Market Highlights
The global CBRN Defense market is accounted to register a CAGR of 5.72% during the forecast period and is estimated to reach USD 17,504.6 Million by 2030.
The CBRN Defense Market involves the development and deployment of measures to protect against Chemical, Biological, Radiological, and Nuclear (CBRN) threats. This includes the manufacturing and distribution of specialized equipment, technologies, and strategies to detect, mitigate, and respond to potential CBRN hazards in military, civilian, and emergency response contexts.
Segment Analysis
The global CBRN Defense market has been segmented based on Type, System and Application.
On the basis of Type, the market is segmented into Chemical, Biological, Radiological and Nuclear..
Based on System, the global CBRN Defense market has been segmented into Protective Wearable Systems, Respiratory Systems, Detection and Monitoring Systems, Decontamination Systems, Simulators, Information Management Software and Colpro System.
Based on Application, the global CBRN Defense market has been segmented into Military and Civil Law Enforcement.
Based on Function, the global CBRN Defense market has been segmented into Protection, Detection, Decontamination and Simulation & Training.
Regional Analysis
The global CBRN Defense market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe CBRN Defense market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The CBRN Defense market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World CBRN Defense market comprises of Middle East, Africa, and Latin America.
The North America CBRN Defense Market dominated this market in 2022 Over the next 20 years, air freight traffic RTKs are expected to increase across the Middle East and Africa at CAGRs of 5.9% and 6.1%, respectively. There are huge investments being made in the Middle East to build new airports and terminals in the primary cargo centres of the region.
Additionally, North America is the market leader in CBRN defence. In the upcoming years, it is anticipated to maintain its market dominance. The expanding adoption of CBRN defence systems and the rising requirement for military personnel trained in counter-CBRN or CBRN defence activities can be credited for a large portion of the predicted demand for CBRN defences. The region continues to face rising CBRN threats against its armed forces and general populace as a result of quick advances in biological and chemical research and technology. The demand for CBRN defence systems to address the ever-increasing CBRN threat is driving the steady growth of the European CBRN Defence market. Based on national markets, the Asia-Pacific CBRN Defence market has been divided into China, Japan, India, South Korea, and the rest of Asia-Pacific.
Key Findings of the Study
- The global CBRN Defense market is expected to reach USD 17,504.6 Million by 2030, at a CAGR of 5.72% during the forecast period.
- The North America CBRN Defense Market dominated this market in 2022 Over the next 20 years, air freight traffic RTKs are expected to increase across the Middle East and Africa at CAGRs of 5.9% and 6.1%, respectively.
- Based on Application, Military and Civil Law Enforcement.
- MSA Safety, Inc, Smiths Group Plc, Teledyne FLIR LLC, Chemring Group Plc, Leidos, Inc, Avon Protection, Blücher GmbH, Argon Electronics (UK) Ltd, Seyntex, Saab AB, and FLIR Systems, Inc.