What is Chemical Biological Radiological Nuclear Cbrn Security Market?
Chemical, biological, radiological, and nuclear (CBRN) security refers to a safety and security solution, equipment, and technology that addresses chemical, biological, radiological, and nuclear hazards. These hazards are primarily aimed at endangering human health and public property. To deal with CBRN threats, the majority of governments maintain special reserve forces. CBRN security systems are mostly purchased by military and law enforcement agencies through contracts and agreements. CBRN threat security activities are linked to a set of actions aimed at lowering the risk of injury to groups or individuals as a result of CBRN agent exposure. The global CBRN security market is being driven by an alarming increase in terrorism activities, a changing global political stance, and technological advancements in weapons and ammunition.
Highlights from Chemical Biological Radiological Nuclear Cbrn Security Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Bruker Corporation (United States), AirBoss of America Corp (Canada), HDT Global (United States), Scott Safety (United States), Argon Electronics (UK) Ltd. (United Kingdom), Avon Rubber PLC. (United States), BioFire Defense, LLC (United States), Blucher GMBH (Germany), FLIR Systems, Inc. (United States) and Thales Group (France) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Chemical Biological Radiological Nuclear Cbrn Security market throughout the forecasted period.
Bruker Corporation (United States), AirBoss of America Corp (Canada), HDT Global (United States), Scott Safety (United States), Argon Electronics (UK) Ltd. (United Kingdom), Avon Rubber PLC. (United States), BioFire Defense, LLC (United States), Blucher GMBH (Germany), FLIR Systems, Inc. (United States) and Thales Group (France) are some of the key players profiled in the study. Chemical Biological Radiological Nuclear Cbrn Security Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Military and Defense and Law Enforcement |
Type | Chemical Security, Biological Security, Radiological Security and Nuclear Security |
On the basis of geography, the market of Chemical Biological Radiological Nuclear Cbrn Security has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rapid Technological Advancement Of Weapons & Ammunition
Market Growth Drivers:
Growing In Terrorism Activities Globally and Upsurge The Reality Of CBRN Attacks, Both From State As Well As Non-State Actors
Challenges:
Lack Of Availability Of Resources Hamper The Growth and Changing Political Situations Fluctuating Defense Budgets For Security Systems
Restraints:
High Costs Associated With CBRN Security Services & Products Harms The Growth and Regulatory Compliances With The CBRN Security
Opportunities:
Government Investing Heavily On Defense Leads The Demand For CBRN Security Services and Rising Security Budgets of Developing Economies
Key Target Audience
Chemical Biological Radiological Nuclear CBRN Security, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
Market Leaders & Development Strategies
On 19 November 2021, Bruker Corporation announced the acquisition of MOLECUBES NV, a dynamic innovator in benchtop preclinical nuclear molecular imaging (NMI) systems. This acquisition strengthens Bruker’s position as a leading NMI solutions provider in preclinical and translational imaging research.
In February 2019, for the sake of worldwide military and public safety, FLIR Systems, Inc. stated that it has entered into a binding agreement to buy Endeavour Robotics Holding, Inc. Highly maneuverable and simple to use, Endeavou's ground robots are used for explosive ordnance disposal (EOD), reconnaissance, inspection, and hazardous materials assistance for military, law enforcement, and industrial customers at stand-off range.
International Atomic Energy Agency (IAEA) is an international organization that promotes the peaceful use of nuclear energy and assists member states in strengthening their nuclear security measures. They develop international standards, guidelines, and recommendations for nuclear security, including the prevention and detection of illicit trafficking of nuclear materials.