Enjoy complimentary customisation on priority with our Enterprise License!
The chemical, biological, radiological, and nuclear defense (CBRND) market share is expected to increase by USD 5.16 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.43%.
This chemical, biological, radiological, and nuclear defense (CBRND) market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers chemical, biological, radiological, and nuclear defense (CBRND) market segmentation by product (CBRN protection, CBRN detection, CBRN decontamination, and CBRN simulation and training) and geography (North America, Europe, APAC, Middle East and Africa, and South America). The chemical, biological, radiological, and nuclear defense (CBRND) market report also offers information on several market vendors, including 3M Co., AirBoss of America Corp., Alfred Karcher SE and Co. KG, Avon Rubber Plc, Bruker Corp., Chemring Group Plc, Ecolab Inc., Elbit Systems Ltd., Environics Oy, Kromek Group Plc, Leidos Holdings Inc., MSA Safety Inc., Northrop Grumman Corp., QinetiQ Group Plc, Rheinmetall AG, Saab AB, Smiths Detection Group Ltd., Thales Group, Thermo Fisher Scientific Inc., and Teledyne Technologies Inc. among others.
Download the Free Report Sample to Unlock the Chemical, biological, radiological, and nuclear defense (CBRND) Market Size for the Forecast Period and Other Important Statistics
Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The growing chemical and biological warfare by militants is notably driving the chemical, biological, radiological, and nuclear defense (CBRND) market growth, although factors such as soldier protection system funding constraints may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the chemical, biological, radiological, and nuclear defense (CBRND) industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Chemical, Biological, Radiological, and Nuclear Defense (CBRND) Market Driver
One of the key factors driving growth in the chemical, biological, radiological, and nuclear defense (CBRND) market is the growing chemical and biological warfare by militants. Countries are witnessing growing instances of asymmetric warfare that are creating global tensions. Internal and external security threats affect a country's growth and development and its international relations with other countries. Over the past few years, there has been an increase in the number of conflicts globally. The growing tension among the nations has led to many civilian causalities owing to the usage of CBRN weapons by militants. This has led to an increase in the demand for CBRN defensive products such as personal protection equipment, detection systems, vehicle-mounted improvised explosive devices (IEDs) detection systems, detonators, and decontamination devices. The losses in terms of life and equipment have triggered the enhancement of CBRND for troops. Thus, despite budgetary constraints, regions such as North America and Europe are investing in improving CBRND for both troops and vehicles.
Key Chemical, Biological, Radiological, and Nuclear Defense (CBRND) Market Trend
The development of chlorobutyl skin in gas masks is another factor supporting the chemical, biological, radiological, and nuclear defense (CBRND) market share growth. The masks that are currently used in chemical warfare do not provide the utmost protection against a variety of toxic agents and gasses that are used in wars or terror attacks. Chemical weapons such as nerve agents, once inhaled, can directly attack the respiratory systems of the soldiers and be fatal. Thus, even a small exposure to the contaminated air can pose a significant risk to the soldiers. Many new innovations are taking place in the market to address these challenges. Chlorobutyl provides high resistance to flex-fatigue, effective heat tolerance, and allows good adhesion. In addition, it is also nearly impermeable to chemical and biological agents and has a longer shelf life compared to the current gas filters.
Key Chemical, Biological, Radiological, and Nuclear Defense (CBRND) Market Challenge
The soldier protection system funding constraints will be a major challenge for the chemical, biological, radiological, and nuclear defense (CBRND) market during the forecast period. North America had the highest share of the market because of its high defense budget; however, sequestration measures in the US are expected to have an adverse effect on the market. The Budget Control Act passed by the US Congress in 2011 aims to reduce the overall military spending by $487 billion over the next ten years. Due to the challenging budgetary environment, the US military sector needs to reduce costs while procuring, maintaining, enhancing, and developing effective soldier protection systems. The decrease in the defense budget is expected to slow down or prohibit the development of various equipment used by military, police, and law enforcement personnel. This indicates that defense budgetary constraints pose a strong challenge to the growth of the vendors in the CBRND market.
This chemical, biological, radiological, and nuclear defense (CBRND) market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global chemical, biological, radiological, and nuclear defense (CBRND) market as a part of the global aerospace and defense market within the global capital goods market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the chemical, biological, radiological, and nuclear defense (CBRND) market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the chemical, biological, radiological, and nuclear defense (CBRND) market encompasses successful business strategies deployed by the key vendors. The chemical, biological, radiological, and nuclear defense (CBRND) market is fragmented and the vendors are deploying growth strategies such as diversification of geographical markets, in tandem with the product offerings to compete in the market.
airbossofamerica.com - The company manufactures and distributes personal protection and safety products, primarily for CBRN hazards. It also manufactures and distributes anti-vibration and noise dampening automotive parts.
The company provides threat prevention products, patient isolation, and threat mitigation products.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The chemical, biological, radiological, and nuclear defense (CBRND) market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the chemical, biological, radiological, and nuclear defense (CBRND) market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Product
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.