CBRN Defense Market Overview by Industry, Trend and Global Forecast (2021-2026)

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In-Depth Analysis of CBRN Defense Market Growth
and Global Forecast to 2026
According to the Latest industry research by
MarketsandMarkets, CBRN Defense Market is
projected to grow from USD 17.4 billion in 2021
to USD 22.2 billion by 2026, at a CAGR of 5.0
during the forecast period. Chemical, Biological,
Radiological, Nuclear, and high yield explosives
defense solutions are the defense measures used
by governments, armed forces, and first
responders against CBRN threats by
detection, identification, and prevention
techniques. The CBRN defense market has
evolved considerably owing to rising
geopolitical tensions. The supply side of
the market has witnessed the
introduction of modern technologies such as
virtual reality, augmented reality, and the
Internet of Things (IoT). This market is expected
to have exponential growth owing to the surge in
demand for CBRN defense equipment across
industries. Increased military spending globally
is a major factor driving the market. Download
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dfdownloadNew.asp?id112383226 Based on Type,
chemical segment is estimated to witness the
largest share of the CBRN Defense market from
2021 to 2026 Based on type, chemical segment of
the CBRN Defense market is estimated to held the
dominant market share in 2021. The chemical
defense segment includes detection,
identification, and protective equipment used
against chemical agents such as Toxic Industrial
Chemicals (TIC), Toxic Industrial Materials
(TIM), and Chemical War Agents (CWA). The
protective equipment used for CBRN defense
includes protective wearables such as hazmat
suits, gas masks, gloves, and footwear. Equipment
such as portable devices and laboratory test
instruments are used for the detection of
chemical agents. Due to increase in chemical
warfare threats globally, will drive this
segment. For instance, in December 2021,
U.S. Defense Threat Reduction Agencys
Joint Science and Technology Office awarded
an contract worth USD 15.7 million to
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Teledyne FLIR to develop augmented reality
software that can pinpoint chemical threats and
map them for the military. Based on Equipment,
the protective wearable segment of the CBRN
Defense market is projected to witness the
largest share in 2021 Based on equipment,
protective wearables segment is projected to lead
the CBRN Defense market during the forecast
period. Protective wearables provide protection
against CBRN threats. The protective wearables
include protective clothing, protective gas mask
and hoods, escape devices, protective shoes, and
protective gloves. The main users of CBRN
defense equipment include first responders in the
police, fire safety department, and hazmat
safety officers in the commercial and civil
sectors. Military users include CBRN response
teams in the armed forces. The level and
contamination determine which type of CBRN
protective wearable can be used. This segment is
leading due to fully integrated Mopp-4 suit for
the highest chemical and biological threat
protection, wide industrial application, and
advancement in technology. Based on end use,
defense segment is estimated to account for the
largest share of the CBRN Defense market from
2021 to 2026 Based on end use, defense segment is
estimated to account for the largest share of the
CBRN Defense during the forecast period. The
defense segment includes military and homeland
security. Military users include the army, navy,
and air force. The CBRN defense equipment used
by the defense segment includes protective
wearables, detection equipment, and
decontamination systems. Homeland security
personnel using CBRN defense equipment comprises
first responders in the police, fire safety
departments, and hazmat safety officers. The
defense segment in Asia Pacific is projected to
grow at the highest CAGR during the forecast
period. The Asia Pacific market is projected to
contribute the largest share from 2021 to 2026
in the CBRN Defense market Based on region, Asia
Pacific is expected to lead the CBRN Defense
market from 2021 to 2026 in terms of market
share. An increase in the instances of terror
attacks in the Asia Pacific region has led
countries of the region to enhance their CBRN
defense capabilities. In addition, the increase
in defense expenditures of India and China,
among others, and the expansion of military
commands in emerging economies have accelerated
the demand for CBRN Defense in the Asia Pacific
region. The demand for CBRN defense solutions
can be attributed to the increasing investments
by countries for the development and procurement
of advanced CBRN defense solutions for their
armed forces, border protection, biowarfare
programs. Key Market Players CBRN Defense market
is dominated by a few globally established
players such as Rheinmetall Defence (Germany),
Smiths Group PLC (UK), Teledyne FLIR LLC (US),
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Bruker Corporation (US), and Chemring Group PLC
(UK), among others, are the key manufacturers
that secured CBRN Defense contracts in the last
few years. Major focus was given to the
contracts and new product development due to
increase in the demand for CBRN Defense
equipments and the growth of emerging markets
have encouraged companies to adopt this strategy
to enter new markets. Ask for Sample Report
_at_ https//www.marketsandmarkets.com/requestsampleN
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