CBRN Defense Market: Global Trends and Forecast 2022

Recent publication of several market studies on the evolution of the CBRN Defense Market (Nuclear, Radiological, Biological and Chemical, also known as CBRNe)  globally confirms the growth trend of a fundamental and critical sector in the current international conjuncture within Defense and Security  Policies and Strategies at world-wide level.

Several media have echoed these market studies that confirm the forecast of strong growth in the next five years (period 2017-2022) of the CBRNe  Defense Market  globally.

Analysts estimate global CBRNe market  at 12.3 billion euros in 2016, with an annual CAGR growth of 4.65% until 2022, which would raise the market to a total value of 16 billion euros.

Published studies confirm that the most important segment continues to be Individual Protection for people from threats of attacks or incidents with biological, chemical (CWAs and TICs) and radiological agents.

However, it should be spotlighted the growing relevance that CBRNe Decontamination segment is presenting and which is expected to grow over the next 5 years, as well as the segment of the Detection and Analysis teams, is also highlighted.

In reference to CBRN  Decontamination segment, undoubtedly the development of chemical and biological decontamination technologies for electronic equipment and sensitive material (which will ensure effective decontamination while preserving  functionality  of the equipment) will be one of the factors that will mark the evolution of the segment in the coming years.

It will also be very significant the role that the development of new Decontamination Agents will have in the period 2017-2022. Decontamination agents  must optimize the CBRN capabilities of the countries to deal with CBRNE incidents with any type of chemical agent (TICs or CWAs), radiological or biological.

Analyzing the geographic markets,  US market remains the largest in the world and analysts' forecasts estimate that it will continue to be in the period until 2022.

Another important aspect of these studies is the significant growth that CBRNe  Defense segment  is having in the civil sector, due to the need to increase the CBRN capabilities  of the First Responder units  within emergency agencies, firefighters or civil protection.

Defense and Security strategies in different countries need to equip these first responders with the capabilities needed to cope with CBRN chemical  (TICs) accidents as well as threats of terrorist attacks in urban or civilian environments with biological, radiological and chemical agents (CWAs).

In the following links you can find more information about Defense CBRNe market research mentioned:

http://www.prnewswire.com/news-releases/cbrn-defense-market-by-type-equipment-end-user---global-forecast-to-2022-300509398.html

http://www.prnewswire.com/news-releases/cbrn-defense-market-by-type-equipment--end-user---global-forecast-to-2022-300509636.html

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