CBRN Defense Market: Industry Latest Trends & Global Outlook 2016-2024
Sarasota, FL -- (SBWIRE) -- 09/15/2017 -- The CBRN stands for chemical, biological, radiological, and the nuclear type of defense. This type of defense takes special measures for the safety in the situations where there are chances of having nuclear, chemical, radiological, and biological hazards. Such cases mainly occur during terrorist attacks. The CBRN defense inhabits avoidance of the contamination, CBRN passive protection, and CBRN mitigation. If a CBRN incident occurs then it is completely hazardous as it causes a situation of mass casualty. In most of the cases, the CRBN incidents are intentional and cause great loss of human lives and property.
The global CBRN defense market is fragmented into its type, equipment, and end-user. On the basis of the type, the global market is segregated into biological, nuclear, chemical, and radiological. On the basis of the equipment, the market is categorized into information management software, decontamination systems, respiratory systems, protective wearables, detection & monitoring systems, and simulators. On the basis of the end-user, the market is divided into defense, civil, and commercial.
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The growth of the CBRN defense market can be attributed to the increase in the safety measures by the authorities that are concerned with the medical services. The growth opportunity for the CBRN market is the growing demand for the training of the CBRN simulator. On the basis of the type segment, it is the chemical sector that will hold the largest share in the market. The end-users of the chemical defense equipment include the fire safety department, first responders in the police, and Hazmat safety officers in the civil and the commercial sectors. On the basis of the equipment, the protective wearables segment will contribute the major share in the growth of the market. The protective wearables are designed for the protection of first responders which include the counter terrorism teams and the firefighters.
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The geographical diversification of the global CBRN defense market includes the Western European, Eastern Europe, Latin America, Middle East and Africa, and North America regions. The region that will project to show a significant market growth in the CBRN defense market is the North America. In the North America, the regions that are contributing largely to the market growth are the U.S. and Canada. The factors that are contributing to the growth in these regions are the advancements that are made in the military capabilities of the U.S. and Canada and a lot of investments that are made in the defense sector.
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The key market players that are involved in the CBRN defense market include Thales Group, Bruker Corporation, Chemring Group Plc., Smiths Group Plc., FLIR Systems, Inc., MSA Safety, Inc., and Argon Electronics Ltd.
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