CBRNE Defense System Market is Estimated to Cross $20.23 Billion by 2025

The chemical, biological, radiological, nuclear, and explosives (CBRNE) weapons, also called the weapons of mass destruction (WMD), have been utilized by both non-state and state actors throughout the course of history. Due to the ease of availability of CBRNE materials in the open market worldwide, the weaponization and dissemination of CBRNE weapons became quite simple. Major global leaders such as the U.S., the U.K., Germany, France, Russia, and China, are dedicatedly investing a significant amount of their resources in eliminating the CBRNE threats. These nations are employing special CBRNE responders, emergency units, and military forces to quickly addressing the CBRNE incident.

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According to the market analysis by BIS Research, the global CBRNE defense system market generated $13.56 billion in 2019 and is projected to reach the valuation of $20.23 billion by 2025 while registering a CAGR of 4.10% during the forecast period 2020-2025. In terms of units, in 2019, 58.10 million units of CBRNE defense systems were procured, and this number is estimated to reach 87.47 million units by 2025 at a CAGR of 3.96% during the forecast period.

The market growth is favored by several factors such as the increasing procurement of CBRNE defense systems to counter threats, the shifting geopolitical environment, and the growing need for early warning systems and equipment to counter CBRNE accidents. However, the decreasing funding for the CBRNE defense systems and the market saturation for CBRNE defense equipment providers in developed economies pose a threat to the rising growth curve of this emerging technology.

During the COVID-19 pandemic, the governments were forced to pause all the operations that involved traveling and mass gathering, and hence, the commercial market had stopped the production and supply of the equipment. To control the infection rate, governments employed additional biological testing centers and procured a significant number of biological protective equipment. In countries such as India, China, Brazil, and the U.S., due to an exponential increase in COVID-19 cases, the governments required advanced biological protective equipment, which increased the sales of the biological equipment suppliers. Therefore, the COVID-19 impact fueled the commercial and civilian CBRNE defense market. However, the military CBRNE defense market experienced a negative impact due to the possible defense budget cuts in several countries around the world.

In terms of application, the protection segment acquired the highest market value in 2019 and is estimated to retain its dominance during the forecast period. Based on the end-user, the military segment acquired the highest market value of $7.15 billion in 2019 and is projected to dominate the segment. Employing military forces for addressing CBRNE events has significantly added value to the country’s CBRNE defense capabilities. The military force capabilities comprise specialized niche proficiencies, namely in medical expertise about the treatment of CBRNE casualties, identification, detection of non-conventional warfare weapons, and decontamination.

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The leading companies involved in the CBRNE defense system market include 3M, Airboss Defense Inc., AB Precision (Poole), Bruker Corporation, Chemring Group PLC, Critical Solutions International (CSI), OPEC CBRNE, Smiths Group, HoldFast System, Block Engineering LLC, and FLIR Systems Inc., among others.

Other related market research report by BIS Research:

Global Super Soldier Wearable Technology Market: https://bisresearch.com/industry-report/super-soldier-wearable-technology-market.html

Global Air Defense Systems Market: https://bisresearch.com/industry-report/air-defense-systems-market.html

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