Chemical, Biological, Radiological and Nuclear (CBRN) Security Market by Type (Nuclear Security, Radiological, Biological, and Chemical), by Function (Protection, Decontamination, Function, Simulation, and Detection), by application (Law Enforcement and Military), By Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) - Global Industry Size, Share, Trends, Demand and Competitive Analysis Forecast Report 2024 to 2029

Updated On: January, 2024
ID: 9627
Pages: 175

Chemical, Biological, Radiological, and Nuclear Security Market 2026:

The Chemical, Biological, Radiological, and Nuclear (CBRN) Security Market is likely to reach an extent of USD 18.35 billion by the end of the assessment period, recording a CAGR of 4.7% throughout the estimated period (2022 - 2027).

Chemical, biological, radiological, and nuclear security instruments offer a comprehensive system for nuclear detection and identification, particularly designed to meet the requirements of the armed forces and civil security. Also, defense consists of passive protection, pollution prevention, and mitigation. An episode varies from an occurrence of hazardous material in two degrees, which can be a certain and mass loss circumstance. However, planned incidents occur when the materials are released into the environment with the intent of terrorism when the hazardous elements are intentionally released into the environment.

Recent Developments:

On July 30, 2015, For the Cranston and the City of Narragansett, U.S. Senators Jack Reed and Sheldon Whitehouse grants USD 410,000 federal. Additionally, the City of Narragansett received $ 24,000 for the NASLA BOAT training. In addition, it received USD 360,000 to acquire the fire, rescue, and CBRNe boats.

On April 21, 2016, Safran entered into a Morpho Detection sale agreement with Smith Group Plc. Morpho detection provides solutions to detect and identify CBRN threats, as well as other illegal elements that improve security at airports, borders, and sensitive sites and events. By becoming a member of Smith Group Plc, you will design and manufacture sensors that detect and identify explosives, weapons, chemicals, and other contraband.

On February 12, 2019, FLIR Systems, INC announced the conclusion of a final agreement to acquire Endeavor Robotics Holdings, Inc. for global military and public security. Endeavor's highly mobile and easy-to-use ground robots act as advanced detection and actuation by providing explosive ordnance disposal (EOD), reconnaissance, inspection, and support of hazardous materials for troops, police, and remote industrial users.

Market Drivers and Restraints:

The main cause driving the worldwide market is the rising demand for CBRN security in evolving countries such as Brazil, China, India, among others. In addition, African countries should continue to constantly spend on CBRN surveillance systems to mitigate growing threats, for example, Ebola in the region. Furthermore, the constant increase in technological advances and the increase in research initiatives around the world offer numerous growth opportunities to key players in the market for chemical, biological, radiological, and nuclear safety (CBRN). Once again, new age security equipment is launched, such as fire alarm and monitoring systems, which must be developed for government, military and police organizations. Furthermore, growing global concern about CBRN attack prevention has spurred growth in the market for chemical, biological, radiological, and nuclear (CBRN) security. On the flip side, high setup and maintenance costs are estimated to slow the expansion of the global chemical, biological, radiological and nuclear safety (CBRN) market in the future.

Market Trends:

The portable projector segment is expected to have the largest share of the global CBRN security market. Portable Protective Equipment is portable equipment designed primarily to protect first responders from exposure to CBRN materials, including firefighters and anti-terror teams. Portable equipment includes protective clothing, protective gloves, protective masks and hoods, and protective footwear. The mandatory rules for the use of such portable protection equipment by CBRN agents and Hazmat professionals are stimulating the CBRN security market worldwide.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021 – 2026

Base Year

2020

Forecast Period

2022 - 2027

CAGR

4.7%

Segments Covered

Type, Function, Application

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Chemical, Biological, Radiological and Nuclear (CBRN) Security Market comprises prominent players like Elbit Systems, Thales Group, Alfred Kärcher GmbH & Co. KG, Rheinmetall AG, Bioquell, Battelle, America Corporation, Smiths Detection, Cherming Group, and Bruker

Chemical, Biological, Radiological and Nuclear (CBRN) Security Market Segmentation:

The report on the global chemical, biological, radiological, and nuclear security market covers segments like type, function, and application.

Depending on the type, the world market is classified as chemical, biological, radiological, and nuclear safety. Depending on its function, the global market for chemical, biological, radiological and nuclear safety is classified as decontamination, protection, detection, and simulation. Depending on the application, the global market is classified as military and police.

Impact of COVID-19 on Chemical, Biological, Radiological, and Nuclear (CBRN) Security Market:

The COVID-19 pandemic is of great concern to consumers, businesses, and communities around the world. The impact of COVID-19 in CBRN implies low demand and productivity, operational and supply chain interruptions and a serious impact on the health of workers. The market is experiencing a load because there is bulk production due to their on-site work, which cannot be done remotely. As the CBRN industry includes a large workforce, the impact of COVID-19 is severe. As CBRN's profit margins are entirely dependent on production capacity or bulk production, on-site manufacturing was halted due to the COVID-19 pandemic situation. These tasks performed by the workforce cannot be performed remotely.

Regional Analysis:

The Market for Chemical, Biological, Radiological, and Nuclear (CBRN) Security has been categorized by region into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa. The North American region has a substantial portion of the global CBRN security market. CBRN security systems have grown in importance in the United States, due to the increase in related attacks in the country, which has raised internal security concerns. As a result, many measures have been devised in terms of policy development and emergency responders to combat CBRN attacks by national security. The strategy is the result of a process that involves the identification of ongoing research activities and performance evaluation. The country is also investing significantly in the development of R&D for CBRN security systems. In 2017, the US Army USA Awarded $ 8.27 billion to 170 companies for ten years under a contract to improve R&D activities for CBRN security as part of joint research and development, acquisition and production programs for supply programs.

 Europe is the second leading region of the CBRN security market due to the imitation of various projects, the participation of the government through financing and assistance to SMEs. The ENCIRCLE addresses the difficulties faced by small and medium-sized companies that facilitate the development of new CBRN solutions for the growing market. Furthermore, CBRN defense and civil security have become an important industrial sector, contributing significantly to the market.

Leading Company:

Alfred Kärcher GmbH & Co. KG had the largest share of the Chemical, Biological, Radiological and Nuclear (CBRN) Security Market in terms of sales and revenue in 2019.

Key Players:

The Chemical, Biological, Radiological and Nuclear (CBRN) Security Market comprises prominent players like Elbit Systems, Thales Group, Alfred Kärcher GmbH & Co. KG, Rheinmetall AG, Bioquell, Battelle, America Corporation, Smiths Detection, Cherming Group, and Bruker

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