Companies specialising in CBRN Defence Systems set to continue to benefit from homeland security investment

Monday 10 March 2014, Amsterdam

Fresh analysis of the CBRN defence market has found that it still offers opportunities for growth even as a decade of high investment is scaled back. Emerging markets in particular present significant opportunities, especially as a result of their relative capability gaps in CBRN defence compared to established markets. The threat of CBRN terrorism, however remote and the prospect of incidents such as the Fukushima Daiichi meltdown will also continue to shape the psychological factors driving growth in the CBRN defence market.

A detailed analysis of the latest political, economic and technological trends lies at the heart of the unparalleled quantitative and qualitative analysis of the CBRN defence market. This 292 page report provides a thorough quantitative and qualitative analysis of the global CBRN defence market, 4 submarkets, the largest 20 national markets and leading 30 companies in the CBRN defence market with 330 tables and charts, 632 companies and other organisations mentioned and 248 contracts detailing major ongoing programmes. The analysis also presents revenues from the CBRN defence market for each company alongside market prospects.

The report also includes a detailed qualitative strengths, weaknesses, opportunities and threats (SWOT) analysis of the CBRN defence market underpinning the forecasts for the period 2014-2024. The CBRN Defence Market Forecast 2014: Leading Companies For Chemical, Biological, Radiological and Nuclear Detection Equipment therefore provides an unrivalled level of detail in its analysis of market trends and commercial prospects.

The report’s findings are reinforced by exclusive expert interviews with Avon Protection and Bruker Corporation, two of the leading companies in the CBRN defence market.

The analyst responsible for the CBRN defence market research summarised its findings:

“Our research indicates that the continued prioritisation of homeland security investment, even as defence budgets in established markets come under pressure, will sustain CBRN defence spending between 2014 and 2024. The main driver of growth beyond modest levels however will be in emerging markets which lack established CBRN response plans and have substantial capability gaps. The drive to acquire or expand nuclear energy production in many parts of the world will also directly boost CBRN defence spending in the detection and protection submarkets to ensure operational safety. Nations will also seek to reduce proliferation risks which have been heightened by the use of chemical weapons in Syria.

The CBRN defence market is fragmented with a spectrum of companies specialising in chemical, biological, radiological or nuclear defence with further specialisation evident at the submarket level of detection, protection, decontamination and simulation technologies. Competition will increase as companies develop interoperable solutions that can be deployed by a range of end users stretching from military personnel to first responders and emergency services. The drive to expand market penetration in new regions outside core North American and European markets will further intensify competition.”

The CBRN Defence Market Forecast 2014: Leading Companies For Chemical, Biological, Radiological and Nuclear Detection Equipment report is an invaluable reference offering extensive market analysis and evaluation of future commercial prospects.