openPR Logo
Press release

CBRN Defense Market 2018 Headed for Growth and Global Expansion by 2021

CBRN Defense Market 2018 Headed for Growth and Global Expansion

CBRN Defense Market - Overview:

The technological innovations in the fields of biotechnology, nuclear energy, and life sciences give positive impact on humanity. However such advancement is also a threat that can further lead to CBRN terrorism.

Demilitarization initiatives such as reduction of CBRN weapons stockpile and growing investments in the CBRN resistance technologies are on rise and at the same time the vendors are expected to devise advanced CBRN security products with enhanced effectiveness, detection capabilities, and rapid decontamination functions. The increasing use of nuclear energy and the integration of CBRN training are some key drivers of the market.

The ongoing anti-CBRN programs have been severely affected by budget cuts and sequestration in the U.S. since 2011. This has had an adverse impact on the development and procurement of the CBRND systems. Major programs were put on hold, and most of them were canceled, which in turn affected the industries margins and profitability. The increasing threats of extremist attacks and proliferation of CBRN weapons are some major challenges faced by the market.
The introduction of the CBRN reconnaissance vehicle is the latest trend in the market. The vehicle helps in the long-range detection of CBRNE threats. They are also equipped with services such as light amplification by stimulated emission of radiation (LASER), real-time monitoring and georeferencing of chemical compounds, which aid in efficient detection and identification of CBRN threats. The development of polymer nanofibers and increased COTS procurement are the latest trends in the market.

Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/1296

Key Players

Alfred Kärcher GmbH & Co. KG(Germany), Bruker(U.S.), Cherming group(U.K.), Smiths Detection(U.K.), America Corporation(U.S.), Battelle(U.S.), Bioquell(U.K.), Rheinmetall AG(Germany) and Thales Group(France), Elbit Systems(Israel) are the key companies in the market. Their focus is primarily on the implementation of lightweight materials, more of electric technologies, and robust systems.

The global CBRN market is expected to grow at a CAGR of nearly 5% during 2017-2023.

Regional Analysis
The nuclear attack in Japan (Hiroshima and Nagasaki in August, 1945) during the World War II and the nuclear test explosions (in the Soviet Union in 1949, U.K. in 1952, France in 1960, and China in 1964), had fatal impact. Thus, International Court of Justice declared the use of nuclear weapons as illegal and contrary to international law, in 1996. In the same year, the Comprehensive Nuclear Test Ban Treaty (CTBT) was signed at the United Nations (UN), by the U.S., Russia, China, France, and the U.K., which concluded on banning the nuclear test explosions.

The upgrades planned in North America and Europe and threats of terrorism from hostile neighboring regions such as Middle East and Asia Pacific are driving the global CBRN defense market and are expected to grow during the forecast period.

Construction of 60 reactors are carried out over 13 countries, which includes China, Bangladesh, India, Poland, Russia, South Korea, Taiwan, Turkey, and the UAE.
U.S, in particular, makes the largest investments in its nuclear warheads, globally. In 2015, the U.S. Army is estimated to have over 7,100 nuclear warheads, with more than 4,700 warheads assigned for use in military vehicles.

Both Washington and Moscow signed the chemical weapons convention (CWC) of the 1990s, which forbid the use, production, and stockpiling of chemical weapons. The process of safe disposal of the chemicals and munitions took over 20 years.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/cbrn-defense-market-1296

There are still more than 3,000 tons of chemical weapons left in the U.S., stored at two remaining facilities at Pueblo in Colorado, and Bluegrass in Kentucky. In 2015, the officials plan to destroy the major store in Pueblo, which has 2,600 tons of mustard blister chemicals stored in liquid and projectile form. The process is expected to be completed in four years. Additionally, 523 tons of mustard agent, VX, and sarin nerve agents are stored in the Bluegrass plant in Kentucky. Officials predict that destroying that arsenal, which is slated to start in 2020, will be completed in 2023.

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release CBRN Defense Market 2018 Headed for Growth and Global Expansion by 2021 here

News-ID: 994592 • Views:

More Releases from Market Research Future (MRFR)

US Digital Twin Market Expected to Reach US$ 64.50 Billion by 2032 | CAGR 43.50% [PDF Version]
US Digital Twin Market Expected to Reach US$ 64.50 Billion by 2032 | CAGR 43.50% …
A recent report published by Market Research Future titled "United States Digital Twin Market Research Report Information By Application (Predictive Maintenance, Business Optimization, Product Design & Development, and Others), By End User (Aerospace & Defense, Automotive & Transportation, Healthcare, Retail, Manufacturing, Energy & Utilities, Real Estate, IT and Telecom and Others)" reveals that the global market was valued at $3.587 billion in 2023. It is projected to grow at a
US Business Intelligence Market is Anticipated to Reach $ 15.3 Billion by 2032 | A CAGR 9.80%
US Business Intelligence Market is Anticipated to Reach $ 15.3 Billion by 2032 | …
Market Research Future®, a globally acclaimed market research firm, has released an in-depth report titled "US Business Intelligence Market Research Report Information by Technology (Mobile BI, Cloud BI, and Social BI), By Service (Hosted and Managed), By Deployment (On-Premises and On Cloud), By Component (Hardware and Software)" - Forecast till 2032 ✦ Market Overview: The US business intelligence market is a dynamic and rapidly evolving sector that leverages technology and data analytics
Food Packaging Market Size, Share, Segmentation, Regional Analysis and Growth Forecasts by 2030 | Amcor Limited, Coveris Holdings S.A, The Smurfit Kappa Group plc, Mondi Plc
Food Packaging Market Size, Share, Segmentation, Regional Analysis and Growth Fo …
The Food packaging market, an indispensable facet of the larger packaging industry, is not just about encasing food products; it's a dynamic landscape constantly evolving to meet consumer demands, regulatory requirements, and sustainability imperatives. The food packaging market is vast and multifaceted, encompassing a myriad of materials, formats, and technologies. From flexible pouches and cartons to rigid plastics and metal cans, the array of packaging options available today is staggering. Moreover,
Cloud AI Market is Anticipated to Reach USD 1068.0 Billion by 2032 | A CAGR 36.0%
Cloud AI Market is Anticipated to Reach USD 1068.0 Billion by 2032 | A CAGR 36.0 …
Market Research Future®, a globally acclaimed market research firm, has released an in-depth report titled "Cloud AI Market Research Report: Information By Type (Solution and Service) and By End User (BFSI, Healthcare, Automotive, Retail, Government, Education, and Other)" - Forecast till 2032 The Cloud AI market has witnessed remarkable growth in recent years, propelled by the growing demand for AI-powered solutions that can enhance business operations, customer experiences, and decision-making processes.

All 5 Releases


More Releases for CBRN

CBRN Defense Market worth $22.2 billion by 2026
According to a research report "CBRN Defense Market by Type, End Use (Defense and Civil & Commercial), Equipment (Protective Wearables, Respiratory Systems, Detection & Monitoring Systems, Decontamination Systems, Simulators, Information Management Software) & Region - Forecast to 2026" published by MarketsandMarkets, CBRN Defense market is projected to grow from USD 17.4 billion in 2021 to USD 22.2 billion by 2026, at a CAGR of 5.0% during the forecast period. Chemical,
Global CBRN Protective Equipment Market Analysis (2020-2025)
Global Info Research offers a latest published report on CBRN Protective Equipment Analysis and Forecast 2020-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global CBRN Protective Equipment Concentrate players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years. Click to view the full report TOC, figure
Global CBRN Defense Market 2020 Business Strategies – CBRN defense market incl …
The Zion Market Research added a new report “CBRN Defense Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024” in its database, which provides an expert and in-depth analysis of key business trends and future market development prospects, key drivers and restraints, profiles of major market players, segmentation and forecasting. CBRN Defense Market Market research report which provides an in-depth examination of the market scenario regarding market size, share,
Global CBRN Defense Market 2020 | CBRN defense market include Thales Group, Bruk …
The Global CBRN Defense Market report focuses market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the CBRN Defense Market development in worldwide. The report offers a precise evaluation of market size, share, demand, revenue, and growth rates. It presents current trends in the global market and projects the revenue and potential developments of key players. The report contains reviews of the
Chemical, Biological, Radiological and Nuclear (CBRN) Security Market 2025 | Ind …
A fresh report has been added to the wide database of Market Research Report Search Engine (MRRSE). The research study is titled “Chemical, Biological, Radiological and Nuclear (CBRN) Security Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025” which encloses important data about the production, consumption, revenue and market share, merged with information related to the market scope and product overview. To Get Sample Copy of
CBRN Defense Market : Trends And Industry Analysis
The foremost aim of the report is to provide accurate market estimation and to forecast the global CBRN Defense market on the basis of market segmentation. Significant segments of the market have been analyzed along with the geographical insights. The study also provides detailed analysis of top impacting factors such as drivers, restraints & opportunities and their influence over the market. The report provides the detailed market size breakdown with