Share on

Explosive Ordnance Disposal Equipment Market is Segmented by Equipment Type (Projected Water Disruptors, Portable X-ray Systems, EOD Suits and Blankets, Search Mirrors, Bomb Containment Chambers, Explosive Detectors, EOD Robots, and Others), By Application Type (Law Enforcement and Defense), and by Region- Global Forecast Period 2022 to 2027

Published: March, 2023
ID: 11638
Pages: 145
Formats: report pdf report excel report power bi report ppt

Explosive Ordnance Disposal (EOD) Equipment Market Forecast 2026:

Explosive Ordnance Disposal (EOD) Equipment Market is worth US $ xx million in 2021, and it is estimated that it will reach a valuation of US $ xx million by the end of 2026 with an annual compound rate of 5.32% between 2021 and 2026.

Explosive Ordnance Disposal (EOD) can be defined as the tools and equipment used to provide detection, handling, and protection during explosives handling operations. Explosive Ordnance Disposal (EOD) Equipment consists of tools that are used to provide detection, handling and protection in the event of explosives handling operations. Defense and police force modernization programs in various countries are expected to drive demand for Explosive Ordnance Disposal (EOD) Equipment around the world.

Explosive Ordnance Disposal (EOD) Equipment Market Growth:

The increase in terrorist activity is one of the main factors that is expected to increase the demand for Explosive Ordnance Disposal (EOD) Equipment during the forecast period.

Explosive Ordnance Disposal (EOD) Equipment Market Drivers:

The growth in the Explosive Ordnance Disposal (EOD) Equipment is due to the increasing demand for military ground robots programmed to spread bombs and other explosives because it is safer to spread bombs via robots than manually.

The growing concern about military security and the adoption of EOD bots are the main reasons for the growth of the explosive weapons market. The constant threat from outside radical groups is increasing the demand for public safety and further expanding the Explosive Ordnance Disposal (EOD) Equipment market. All of these factors are expected to strengthen the Explosive Ordnance Disposal (EOD) Equipment market in the future. Therefore, it has become essential for the military to use effective Explosive Ordnance Disposal (EOD) equipment to ensure minimal casualties and continuous transportation services along the border. This may be partly due to the growing need to strengthen borders, especially in some countries that face strained relations with neighbors or commercial rivals, perceived as a threat of military attack.

Increased military spending and increased cross-border problems are major drivers of the Explosive Ordnance Disposal (EOD) Equipment market. Increasing advances in the military sector, as well as military modernization activities around the world, are creating enormous opportunities for the Explosive Ordnance Disposal (EOD) Equipment market during the forecast period. Increasing threats from terrorists and rebel groups are accelerating market growth as governments must purchase EOD tools and equipment to detect and spread explosives quickly and effectively.

The increasing emphasis on the use of UGVs and robotic explosives handling units in EOD activities to reduce threats to military and law enforcement personnel is expected to create new opportunities for players in the future. The increase in terrorist activity and cases of cross-border conflicts in many parts of the world have led to an increase in the cross-border use of explosives. This, in turn, is expected to be an important factor in the growth of the Explosive Ordnance Disposal (EOD) Equipment market. In addition, the growth of the general EOD equipment market includes a variety of military and police modernization programs that are expected to stimulate the Explosive Ordnance Disposal (EOD) Equipment market growth in the coming years.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021 – 2026

Base Year

2020

Forecast Period

2022 - 2027

CAGR

5.32%

Segments Covered

By equipment type, On the basis of type of 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

Reamda Ltd., Northrop Grumman Corporation, NABCO Inc, Scanna MSC Ltd, API Technologies Corp, United Shield International Ltd., Cobham Plc, Du Pont (EI) De Nemours, iRobot Corporation and Safariland, LLC.

Explosive Ordnance Disposal (EOD) Equipment Market Segmentation:

By equipment Type:The Explosive Ordnance Disposal (EOD) Equipment market is segmented into spray water destruction devices, portable X-ray systems, EOD suits and blankets, bomb containment chambers, explosion detectors, search mirrors, EOD robots., etc. The segment that is leading the market is explosive detectors segment with the highest growth rate during the forecast period. As the threat from terrorists and militants increases around the world, security concerns are driving the growing demand for EOD explosives detectors during the forecast period as the use of explosives detectors in public places such as centers increases. commercial and airports.

On the basis of type of application:The Explosive Ordnance Disposal (EOD) Equipment market is segmented as Law Enforcement and Defense. The defense sector is expected to remain the largest segment by application during the forecast period due to the deployment of soldier modernization programs using EOD robots and the use of other counter-terrorism equipment and strategies.

Regional Analysis:

The Asia Pacific Explosive Ordnance Disposal (EOD) Equipment region is expected to show the fastest growth during the forecast period of 2022 - 2027. Regional disputes across borders with India, China and Pakistan have led to increased investment in military equipment. Furthermore, the increasing vulnerability and terrorist threats in these countries require several institutions to use advanced Explosive Ordnance Disposal (EOD) Equipment. North America dominated the Explosive Ordnance Disposal (EOD) Equipment market in terms of revenue. In addition, demand for portable X-rays and EOD robots is expected to increase in North America. Portable X-ray systems are primarily designed to detect hidden explosives. Furthermore, because North America attaches great importance to the defense and law enforcement activities of the US government, it has invested heavily in modernizing its soldiers, including the provision of advanced equipment, including training. severe combat and Explosive Ordnance Disposal (EOD) Equipment.

Major Key Players in Explosive Ordnance Disposal (EOD) Equipment Market:

Major players in the global Explosive Ordnance Disposal (EOD) Equipment market include Reamda Ltd., Northrop Grumman Corporation, NABCO Inc, Scanna MSC Ltd, API Technologies Corp, United Shield International Ltd., Cobham Plc, Du Pont (EI) De Nemours, iRobot Corporation and Safariland, LLC.

Please wait. . . . Your request is being processed

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2500

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: [email protected]

Click for Request Sample