Thursday 23 May, 2024
HomeIndustryIndustry NewsCBRN Defence market to be worth over $21 billion by 2028

CBRN Defence market to be worth over $21 billion by 2028

The market for Chemical, Biological, Radiological, Nuclear, (CBRN) and high-yield explosives is expected to experience substantial growth in the coming years.

According to a recent report by MarketsandMarkets, the CBRN market is projected to increase from USD 16.1 billion in 2023 to an estimated USD 21.4 billion by 2028, showing a Compound Annual Growth Rate (CAGR) of 5.8%. The report provides a detailed analysis of the market, including its segmentation by type, equipment, and end-use.

The CBRN Defence market is categorized into different types, namely Chemical, Biological, Radiological, Nuclear, and Explosives. As of 2023, the chemical segment is anticipated to hold the largest share of the market.

The use of CBRN defence is dependent on various protective gear such as hazmat suits, gas masks, gloves, and footwear. The detection of chemical agents is made possible by portable devices and laboratory test instruments. The rise in global chemical warfare threats is a significant factor that drives the growth of this equipment segment.

The protective wearables segment is expected to lead the CBRN Defense market during the forecast period based on equipment. Protective wearables include protective clothing, gas masks and hoods, escape devices, footwear, and gloves, providing protection against CBRN threats.

The primary users of CBRN defense equipment are first responders in the police, fire safety department, and hazmat safety officers in commercial and civil sectors. CBRN response teams within the armed forces are also military users. The choice of CBRN protective wearables depends on the level and nature of contamination.

The availability of fully integrated Mopp-4 suits, which offer the highest chemical and biological threat protection, has placed this segment at the forefront. Its importance is further emphasized by the wide-ranging industrial applications and technological advancements.

The market is largely controlled by a select group of globally recognized players, including Rheinmetall Defence (Germany), Thales Group (France), Smiths Group PLC (UK), Teledyne FLIR LLC (US), Bruker Corporation (US), among others.

News Desk
News Desk
Defence Today covers global defence and security news. Send press releases to:

related articles


read more