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Chemical, Biological, Radiological & Nuclear (CBRN) Security Market Trends

  • Report ID: GMI7640
  • Published Date: Dec 2023
  • Report Format: PDF

Chemical, Biological, Radiological & Nuclear Security Market Trends

Pandemic fears caused a spike in interest in the chemical, biological, radiological & nuclear security industry, propelling the development of specialized solutions in response to biological threats. The accuracy of CBRN threat detection has increased due to the integration of advanced sensor technology with AI integration. Comprehensive CBRN response tactics are fostered by increased interagency coordination. The industry incorporates the Internet of Things (IoT) to share data and monitor in real-time, improving connectivity to enable quick reactions to possible risks.
 

The protection of vital infrastructure, which includes public areas, transportation hubs, and utilities against CBRN threats, is attracting more investments in the CBRN security market. Enhancing supply chain resilience for CBRN detection and protection equipment is the major focus of global initiatives. Focus on nuclear security is also leading to the creation of sophisticated radiation-detecting systems. To improve the overall CBRN event preparation and response teams, realistic training programs should be put into place. When implementing CBRN security solutions, the industry places a strong emphasis on following international standards and complying with regulations.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market valuation of the chemical, biological, radiological & nuclear security reached over USD 18.4 billion in 2023 and is anticipated to grow at over 5% CAGR between 2023 and 2032, due to the rising international cooperation and collaboration.

The military & defense end use segment held over 30% share of of the chemical, biological, radiological & nuclear security market in 2023, owing to the escalating global security threats.

North America recorded over 30% share of the CBRN security market in 2023, attributed to the rising risks, heightened security concerns, and government initiatives.

Some of the major chemical, biological, radiological & nuclear security firms are AirBoss of America Corp., Argon Electronics (UK) Ltd., Bruker Corporation, Chemring Group PLC, FLIR Systems, Inc., and Rheinmetall AG.

Chemical, Biological, Radiological & Nuclear Security Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 280
  • Countries covered: 22
  • Pages: 220
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