Explosive Ordnance Disposal Equipment Market 2023: Size, Share, Growth, Trends, Regions, Type And Forecast To 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Explosive Ordnance Disposal Equipment Market Size, Growth Rate, And Forecast
The global explosive ordnance disposal equipment market size is expected to grow from $5.58 billion in 2022 to $5.85 billion in 2023 at a compound annual growth rate (CAGR) of 4.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global explosive ordnance disposal equipment market size is expected to reach $6.95 billion in 2027 at a CAGR of 4.4%.

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Explosive Ordnance Disposal Equipment Market Drivers
The increase in terrorist activity is expected to propel the growth of the explosive ordnance disposal equipment market going forward. Terrorism activity is the intentional use of violent means or threats to achieve political, religious, or ideological objectives by inducing fear or coercion among civilians. To counteract terrorist activity, specialists use explosive ordnance disposal (EOD) equipment for the safe detection, removal, and destruction of dangerous weapons like landmines and other explosive remnants.

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Explosive Ordnance Disposal Equipment Market Segments
1) By Equipment Type: Portable X-Ray Systems, Projected Water Disrupters, Bomb Containment Chambers, EOD Suits And Blankets, EOD Robots, Explosive Detectors, Search Mirrors, Other Equipment Types
2) By Technology: Trace, Bulk
3) By Application: Defense, Law Enforcement
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Explosive Ordnance Disposal Equipment Market.

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Explosive Ordnance Disposal Equipment Market Key Players
Major competitors in the Explosive Ordnance Disposal Equipment Market include Northrop Grumman Corporation, Reamda Limited, NABCO Incorporated, Scanna MSC Limited, iRobot Corporation, API Technologies Corp., E. I. du Pont de Nemours and Company (DuPont), Cobham Plc., Chemring Group Plc., United Shield International Limited, Armtrac Limited, Med-Eng. Holdings ULC, Westminster International Limited, ALCOR System Inc., and API Microelectronics Limited

The Business Research Company's "Global Explosive Ordnance Disposal Equipment Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Explosive Ordnance Disposal Equipment Market Include:
1. Executive Summary
2. Explosive Ordnance Disposal Equipment Market Characteristics
3. Explosive Ordnance Disposal Equipment Market Trends And Strategies
4. Explosive Ordnance Disposal Equipment Market - Macro Economic Scenario
5. Explosive Ordnance Disposal Equipment Market Size And Growth
........
26. Africa Explosive Ordnance Disposal Equipment Market
27. Explosive Ordnance Disposal Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Explosive Ordnance Disposal Equipment Market
29. Explosive Ordnance Disposal Equipment Market Future Outlook and Potential Analysis
30. Appendix

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