CBRN Defense Market Insights and Global Forecast to 2022 - PowerPoint PPT Presentation

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CBRN Defense Market Insights and Global Forecast to 2022

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CBRN Defense Market is projected to grow from USD 14.68 Billion in 2016 to USD 19.15 Billion by 2022, at a CAGR of 4.65% during the forecast period. – PowerPoint PPT presentation

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Title: CBRN Defense Market Insights and Global Forecast to 2022


1
According to the new market research the report
"CBRN Defense Market by Type, Equipment
(Protective Wearables, Respiratory Systems,
Detection Monitoring Systems, Decontamination
Systems, Simulators, Information Management
Software), End User (Defense, Civil,
Commercial) - Global Forecast to 2022", The CBRN
defense market is projected to grow from an
estimated USD 15.26 Billion in 2017 to USD 19.15
Billion by 2022, at a CAGR of 4.65 from 2017
to 2022. Growth in this market can be attributed
to the rise in safety measures by medical
services authorities. Also, increasing demand for
CBRN simulator training is a major growth
opportunity for the CBRN defense
market. Download PDF Brochure _at_ https//www.market
sandmarkets.com/pdfdownloadNew.asp?id112383226 Th
e chemical segment is estimated to account for
the largest share in the CBRN defense market in
2017 and is projected to grow at the highest
CAGR during the forecast period Based on type,
the chemical segment is estimated to account for
the largest share in the CBRN defense market in
2017 and is projected to grow at the highest CAGR
during the forecast period. The main users of
chemical defense equipment include first
responders in the police, fire safety department,
and Hazmat safety officers in commercial and
civil sectors. Military users including CBRN
response teams in armed forces are increasingly
procuring CBRN defense equipment. Emergency
Medical Services (EMS) across the globe have
taken stringent steps toward CBRN defense to
make patient safety their top priority. The EMS
are responsible for managing potential chemical
disasters, whether these result from industrial
accidents or terrorist activities. In India, the
Hazardous Substances Management Division, which
is the nodal point within the Ministry for the
Management of Chemical Emergencies and Hazardous
Substances, has taken strict steps towards
managing CBRN. The protective wearables segment
is estimated to account for the largest share of
the CBRN market in 2017 and is projected to grow
at the highest CAGR during the forecast
period Based on equipment, the protective
wearables segment is estimated to account for
the largest share in the CBRN defense market in
2017 and is projected to grow at the highest
CAGR during the forecast period. Protective
wearables are equipment designed for protection
of first responders such as firefighters and
counter terrorism teams from CBRN material
exposure. This equipment includes protective
clothing,
2
protective gloves, protective footwear, and
protective masks hoods. Growth of this segment
can be attributed to the mandatory requirement of
protective wearables for field CBRN officers
across the world. The defense segment is
projected to grow at the highest CAGR during the
forecast period Based on end user, the defense
segment is projected to grow at the highest CAGR
during the forecast period. Growth of this
segment can be attributed to the increased
requirement of efficient tools and equipment for
homeland security personnel that use CBRN
defense equipment, including first responders in
the police, fire safety department, and Hazmat
safety officers. The North America protective
wearables market is projected to witness the
highest growth during the forecast period The
CBRN defense market in North America is projected
to grow at the highest CAGR from 2017 to 2022.
Countries in this region include the US and
Canada. Substantial investments by the US in
defense and advancements in military capabilities
of the US and Canada are some of the factors
driving the CBRN defense market in North
America. Key Market Players Major players in the
CBRN defense market are Flir Systems, INC, Thales
Group, Chemring Group Plc, Bruker Corporation,
MSA Safety, Inc., and Smiths Group Plc, among
others. Ask for Sample Report _at_ https//www.market
sandmarkets.com/requestsampleNew.asp?id112383226
About MarketsandMarkets MarketsandMarkets
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