Dublin, April 11, 2023 (GLOBE NEWSWIRE) -- The "Global Chemical, Biological, Radiological, and Nuclear (CBRN) Security Market (2023-2028) by Type, Function, Application, End-User, & Geography, Competitive Analysis, Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Chemical, Biological, Radiological, & Nuclear (CBRN) Security Market is estimated to be USD 13.49 Bn in 2023 and is expected to reach USD 19.04 Bn by 2028, growing at a CAGR of 7.14%.
Market Dynamics
Drivers
- Increasing Rate of Terrorism Activities
- Rapid Technological Development of Weapons & Ammunition
- Increasing Government Initiatives Towards CBRN Security
Restraints
- High Costs Associated with CBRN Security Services & Products
- Fluctuating Defense Budgets for Security Systems
Opportunities
- Rising Agreements and Contracts with Law Enforcement and Military Agencies
- Rapid Development and Fusion of Several Technologies to Transform CBRN Security
Challenges
- Security and Privacy Concerns
- Lack of Resources
Market Segmentations
The Global Chemical, Biological, Radiological, & Nuclear (CBRN) Security Market is segmented based on Type, Function, Application, End-User, and Geography.
- By Type, the market is classified into Chemical Security, Nuclear Security, Biological Security, and Radiological Security.
- By Function, the market is classified into Decontamination, Protection, Detection, and Simulation.
- By Application, the market is classified into Military and Law Enforcement.
- By End-User, the market is classified into Agriculture & Forestry, Civil Engineering, Energy & Utilities, Government, Media & Entertainment, Military & Defense and Others.
- By Geography, the market is classified into Americas, Europe, Middle East & Africa, and Asia-Pacific.
Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the Global Chemical, Biological, Radiological, & Nuclear (CBRN) Security Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
The analyst analyses the Global Chemical, Biological, Radiological, & Nuclear (CBRN) Security Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Chemical, Biological, Radiological, & Nuclear (CBRN) Security Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Report Highlights:
- A complete analysis of the market, including the parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 174 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value (USD) in 2023 | $13.49 Billion |
| Forecasted Market Value (USD) by 2028 | $19.04 Billion |
| Compound Annual Growth Rate | 7.1% |
| Regions Covered | Global |
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Dynamics
5 Market Analysis
6 Global Chemical, Biological, Radiological, & Nuclear (CBRN) Security Market, By Type
7 Global Chemical, Biological, Radiological, & Nuclear (CBRN) Security Market, By Function
8 Global Chemical, Biological, Radiological, & Nuclear (CBRN) Security Market, By Application
9 Global Chemical, Biological, Radiological, & Nuclear (CBRN) Security Market, By End-User
10 Americas' Chemical, Biological, Radiological, & Nuclear (CBRN) Security Market
11 Europe's Chemical, Biological, Radiological, & Nuclear (CBRN) Security Market
12 Middle East and Africa's Chemical, Biological, Radiological, & Nuclear (CBRN) Security Market
13 APAC's Chemical, Biological, Radiological, & Nuclear (CBRN) Security Market
14 Competitive Landscape
15 Company Profiles
16 Appendix
Companies Mentioned
- AirBoss of America Corp.
- Argon Electronics (UK) Ltd.
- Avon Protection PLC
- BioFire Defense, LLC
- Blucher GMBH
- Bruker Corp.
- Dharma Magna
- FLIR Systems, Inc.
- General Dynamics Corp.
- HDT Global
- Honeywell Safety
- Karcher Futuretech GmbH
- Leidos Holdings, Inc.
- MSA Safety, Inc.
- Northrop Grumman Corp.
- Smiths Detection
- Survitec Group
- Thales Group
- Thermo Fisher Scientific, Inc.
- Tingley Rubber Corp.
For more information about this report visit https://www.researchandmarkets.com/r/ts99ai
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