Market Overview

Chemical, Biological, Radiological and Nuclear (CBRN) Security Market: Global Analysis & Outlook 2018-2024 - ResearchAndMarkets.com

Share:

The "Chemical,
Biological, Radiological and Nuclear (CBRN) Security Market: Global
Industry Analysis, Trends, Market Size and Forecasts up to 2024"

report has been added to ResearchAndMarkets.com's
offering.

The report predicts the global Chemical, Biological, Radiological and
Nuclear (CBRN) Security Market to grow with a CAGR of 4.2% over the
forecast period of 2018-2024.

Increased threat from terrorist organizations and rise in demand for
radiopharmaceuticals are the major factors driving the growth of the
chemical, biological, radiological, and nuclear security market.
Additionally, growing worldwide concern over the prevention of CBRN
attack has driven the growth of the CBRN security market. However, high
installation, and maintenance costs are the factors likely to restrain
the growth of the CBRN market over the forecast period.

Furthermore, with the continuous increase in technological advancements
and increase in research initiatives worldwide are providing several
growth opportunities for the key players in the CBRN market. On the
other hand, new age security equipment such as alarm and fire monitoring
systems are launched that should be developed for government
organizations, military, and law enforcement agencies.

Among the geographies, Asia Pacific dominated the CBRN market followed
by North America and Europe. Additionally, increasing threats of
terrorist attacks and rising applications of radiopharmaceuticals in the
medical treatments are anticipated to upsurge the demand for CBRN
security in the North American Regions. Moreover, the countries such as
India, China, France, and Germany are anticipated to generate high
demand for the CBRN security in the upcoming years.

On the other hand, increasing defense budgets that includes adoption of
CBRN security systems is expected to be the factor boosting the growth
among the regional markets of the Asia Pacific regions. However, the
increasing demand for the CBRN security in the countries such as India,
China and Brazil are the key factors driving the growth of the CBRN
security during the years to come.

Market Analysis by:

  • Type
  • Function
  • Application
  • Region

Company Profiles for:

  • Argon Electronics Ltd.
  • Bruker Corporation
  • FLIR Systems Inc.
  • Blcher GmbH
  • HDT Global

For more information about this report visit https://www.researchandmarkets.com/research/rppmbc/chemical?w=4

View Comments and Join the Discussion!