Dublin, Oct. 09, 2023 (GLOBE NEWSWIRE) -- The "CBRN Defense - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global CBRN Defense Market to Reach $28.9 Billion by 2030
The global market for CBRN Defense estimated at US$19.6 Billion in the year 2022, is projected to reach a revised size of US$28.9 Billion by 2030, growing at a CAGR of 5% over the analysis period 2022-2030.
Chemical, one of the segments analyzed in the report, is projected to record 5.5% CAGR and reach US$14.4 Billion by the end of the analysis period. Growth in the Biological segment is estimated at 4.8% CAGR for the next 8-year period.
The report delves into specific segments, including Chemical, Radiological, Biological, Protective Wearables, Detection & Monitoring Systems, Decontamination Systems, Simulators, Information Management Software, Defense, Civil & Commercial, and Other Types, making it a valuable resource for industry professionals and decision-makers.
The U.S. Market is Estimated at $5.9 Billion, While China is Forecast to Grow at 4.8% CAGR
The CBRN Defense market in the U.S. is estimated at US$5.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5.1 Billion by the year 2030 trailing a CAGR of 4.8% over the analysis period 2022 to 2030.
This report offers a comprehensive analysis of the CBRN Defense market, covering various aspects such as annual sales from 2014 to 2030, historical data from 2014 to 2021, and a 16-year perspective for the years 2014, 2023, and 2030. The analysis encompasses different geographic regions, including the USA, Canada, Japan, China, Europe, Asia-Pacific, and the Rest of the World, providing insights into this market's past, current, and future trends.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.6% and 4.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR.
What`s New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and trademarked research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
MARKET OVERVIEW
- As the Threat of Biological and Chemical Warfare Becomes Real, CBRN Defense Spirals Into the Spotlight on the Back of Increased Focus on Preparedness and Response
- Russian Allegations of Biological Weapons Activities in Ukraine Brings this Hidden Yet Ever-Present Threat Back Into the Spotlight
- Worries Over Geopolitical Conflicts & Galloping Inflation Overtakes Concerns About the Now Receding COVID-19 Pandemic
- Shaken by the War, Global Oil Prices Spiral & Feed Inflationary Pressures: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2022
- War-Induced Commodity Price Increases & Broad Based Price Pressures Mark the Return of Global Inflation in 2022: Global Inflation Rates (In %) for the Years 2019 Through 2022
- After the Pandemic, Global Economic Uncertainty Surges Again Amid the Russia-Ukraine War, Lowering Growth Expectations for 2022: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
- Competition
- CBRN Defense - Global Key Competitors Percentage Market Share in 2023 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
- What Are Biological, Chemical & Radiation Weapons? How Do We Prepare to Protect Against Them & What's the Role of CBRN Defense?
- Pandemic Fails to Deter Global Military Spending, Which Spirals to All Time High in 2021, a Sign of Good Times to Prevail for CBRN Defense
- Robust Defense Spending Opens Opportunities for Increased Investments in CBRN Defense Equipment & Training Tools: World Military Expenditure (In US$ Billion) for Years 2019, 2020 and 2021
- Recent Market Activity
- Innovations
MARKET TRENDS & DRIVERS
- As the World Steps Up Military Spending in the Wake of the Russia Ukraine War, CBRN Defense Solutions are Poised to Benefit from the Unfortunate State of Global Geo-Political Affairs
- Germany's Historic Military Investments in 2022 Exemplifies the Prevailing Global Sentiment that the World is a Dangerous Place Where the Threat of Authoritarian States Can be Resisted Only With Big-Ticket Military Capabilities: Military Spending by Top Countries in 2022 (E) (In US$ Billion)
- The Nuclear Arms Race Begins as Countries Scramble to Deal With Nuclear Risks in an Increasingly Multipolar World Made Nervous by Putin's Nuclear Sabre Rattling: Global Inventory of Nuclear Warheads by Country for the Year 2021 (In Units)
- Accusations Over Alleged Use of Chemical & Biological Weapons in the Russia Ukraine War Brings This Dirty Battle Strategy Back Into the Spotlight
- Rising Conflicts in the South China Sea to Spur Growth in the Asian Market
- Increased Activity on the Nuclear Decommissioning Front Drives the Need for Radiation Protection & Emergency Response Training During Decommissioning of Nuclear Installations
- Increased Nuclear Decommissioning Activity Drives Demand for CBRNe Training Simulators for Safe Preparation for Emergencies & CBRNe Equipment for Occupational Protection: Global Market for Nuclear Decommissioning Services (In US$ Million) for Years 2021, 2023, 2025 and 2027
- Limited Success of Global Efforts in Curbing the Proliferation of Biological, Chemical, Radiation Weapons Drives the Need for CBRN Defense for Preparedness & Response
- A Review of the Many Reasons Why the Military is Stepping Up Focus on Equipping the Infantry With CBRN Training Tools
- Continued Reliance on Infantry to Respond to Chemical, Biological, Radiological Threats to Benefit Demand for CBRN Training & Simulation Equipment & Tools: Global Military Manpower (In Million) by Country
- Radiation Safety Training Storms Into the Spotlight
- Special Focus on CBRN and HazMat Training
- COVID-19 Steps up Focus on Using Simulators for CBRN Training
- Emphasis on Safety in CBRNE Training Grows Stronger
FOCUS ON SELECT PLAYERS(Total 83 Featured)
- Bruker Corporation
- Cubic Corporation
- Bertin Technologies
- Blucher GmbH
- CQC Limited
- AirBoss of America Corporation
- Arktis Radiation Detectors Ltd.
- Constructions industrielles de la Mediterranee SA (CNIM)
- Argon Electronics Ltd.
- Cristanini Spa
- Bruhn NewTech, Inc.
- BioFire Defense
- CBRNergetics Ltd
- Bioquell
- 908 Devices Inc.
For more information about this report visit https://www.researchandmarkets.com/r/xvstj0
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