China Chemical, Biological, Radiological, and Nuclear (CBRN) Security Market to Valuation of USD 2083.4 Million By 2030 | Infinium Global Research

The China Chemical, Biological, Radiological, and Nuclear (CBRN) Security Market, valued at USD 1306.7 million in 2022, is set for an impressive expansion, projected to reach USD 2083.4 million by 2030. This growth is forecasted to occur at a CAGR of 6.89% over the forecast period. The market's remarkable upward trajectory is driven by a confluence of factors, including increased threat levels from terrorist organizations, a growing demand for radiopharmaceuticals, and rising global concerns over preventing CBRN attacks.

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The CBRN security market in China encompasses various segments, including chemical security, biological security, radiological security, and nuclear security. Among these, nuclear security is expected to maintain its dominance throughout the forecast period due to a rapidly increasing demand for nuclear security measures.

The functions of CBRN security systems include decontamination, protection, detection, and simulation. The protection segment is projected to maintain its dominance, reflecting the significance of safeguarding against CBRN threats.

The military segment is anticipated to exhibit the highest Compound Annual Growth Rate (CAGR) among the application segments during the forecast period, reflecting the heightened need for CBRN security measures in the defense industry.

Competitive Landscape:

Key players in the China CBRN security market, such as Environics Oy, Thales Group, Temet, Bruker Corporation, and Teledyne FLIR, are actively engaging in organic strategies, including partnerships, new product developments, and mergers & acquisitions, to strengthen their market position.

The defense industry is a significant source of radiation exposure, with factors such as the handling and maintenance of nuclear weapons, the transport of nuclear waste, and the use of monitors and detectors driving the usage of CBRN detection and monitoring devices. China's increasing military spending, as a share of national government spending, is providing a favorable environment for manufacturers of CBRN detection and monitoring devices.

Additionally, the emergence and widespread reach of terrorist organizations, an unbalanced geopolitical climate, and advancements in radiological and nuclear technologies have elevated the threats to homeland security in China. Recognizing the potential human and economic loss from these threats, security, military, and defense organizations have increased their investments in effectively detecting and preventing radiological attacks.

The increasing awareness of CBRN attacks, both from state and non-state actors, has led to a growing demand for new response frameworks and systems in the CBRN security industry. Collaboration among industry players to develop effective response frameworks and the increasing use of CBRN attacks in terrorism have driven investments and interest in CBRN security strategies across China.

Despite the promising outlook, the high installation and maintenance costs of CBRN security systems present a significant challenge to the market's growth. Lead, a crucial raw material for radiation safety accessories, is increasingly in demand in other industries, potentially raising costs and necessitating the development of alternative raw materials. The Chinese government has demonstrated support for investments in this sector, offering financial incentives to CBRN security project vendors.

Research and development activities are expected to play a pivotal role in boosting the CBRN security market, with new applications and capabilities emerging in CBRN detection, monitoring, and safety products. Technological advancements in unmanned systems, including unmanned ground vehicles (UGVs) and unmanned aerial vehicles (UAVs), have the potential to mitigate risks in hostile environments, particularly in response to CBRN attacks. These developments open new growth opportunities in the China CBRN security market.

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Table of Content

Chapter 1. Report Overview

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

Chapter 3. Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.2.4. Challenges

3.3. PEST-Analysis

3.4. Porter's Diamond Model for China Chemical, Biological, Radiological and Nuclear (CBRN) Security Market

3.5. IGR-Growth Matrix Analysis

3.6. Competitive Landscape in China Chemical, Biological, Radiological and Nuclear (CBRN) Security Market

Chapter 4. China Chemical, Biological, Radiological and Nuclear (CBRN) Security Market by Type

4.1. Chemical Security

4.2. Biological Security

4.3. Radiological Security

4.4. Nuclear Security

Chapter 5. China Chemical, Biological, Radiological and Nuclear (CBRN) Security Market by Function

5.1. Decontamination

5.2. Protection

5.3. Detection

5.4. Simulation

Chapter 6. China Chemical, Biological, Radiological and Nuclear (CBRN) Security Market by Application

6.1. Military

6.2. Law Enforcement

Chapter 7. Company Profiles

7.1 Bruker Corporation

7.1.1 Overview

7.1.2 Company Snapshot

7.1.3 Product Portfolio

7.1.4 Recent Developments

7.2 FLIR Systems (Teledyne)

7.2.1 Overview

7.2.2 Company Snapshot

7.2.3 Product Portfolio

7.2.4 Recent Developments

7.3 Environics Oy

7.3.1 Overview

7.3.2 Company Snapshot

7.3.3 Product Portfolio

7.4 Thales Group

7.4.1 Overview

7.4.2 Company Snapshot

7.4.3 Product Portfolio

7.5 Temet

7.5.1 Overview

7.5.2 Company Snapshot

7.5.3 Product Portfolio

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Reasons to Buy this Report:

=> Comprehensive analysis of regional markets of China Chemical, Biological, Radiological and Nuclear (CBRN) Security.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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