Chemical, Biological, Radiological and Nuclear (CBRN) security has become a major concern because of increasing terrorist activities and hostile environment in Asia Pacific and Middle Eastern regions. Considering the level of damage that can be caused by CBRN incidents, CBRN security has become an essential part of strategic security preparedness of countries prone to terrorist threats.
By activities, CBRN security can be categorised into four submarkets: Detection, protection, decontamination and simulation & training. Decontamination is estimated to be the most attractive segment followed by detection. Moreover, the countries also need to focus on training armed forces for protection of civilians against CBRN incidents. By types, nuclear security holds the largest revenue share; however, with increasing terrorist threats demand for chemical and biological security is also intensifying.
Growing investments in the CBRN resistance technologies would be the major driver of CBRN security market. In addition, manufacturers of CBRN security products are developing products with better effectiveness, detection capabilities, and rapid decontamination functions. The major restraints for growth of CBRN security products is soaring cost in research, design and development of CBRN security equipment; although it is expected to go down gradually.
Major companies operating in CBRN security market are Bruker Corporation, Argon Electronics, Blucher GmbH, FLIR Systems, AirBoss Defense, Inc., General Dynamics Corporation, MSA Safety, Inc., Karcher Futuretech GmbH, Thales Group among others.
Geographically, North America is leading the CBRN security market in term of faster adoption of CBRN security solutions due to increasing threat from hostile countries. Asia Pacific and Europe collectively controls half of the CBRN security market and lag behind North America.
ASDReport.com’s reports can meet your market research requirements pertaining to CBRN security. The reports covers broad topics related to CBRN defense like, homeland security and emergency management, critical infrastructure protection, surveillance market for hazard protection, CBRN detection, biodefense, among others.