CBRN is short for chemical, biological, radioactive, and nuclear. CBRN defence deals with assessing, implementing, or preventing warfare that flushes onto these fronts. While international decree and agreement ideally prohibits the use of CBRN warfare by any nation, it remains a hot topic of interest to every economy globally, both emergent and prominent.
Valued at US$ XX in 2017, the global CBRN defence market is expected to register a compound annual growth rate of XX% over the period 2017-2022 to reach a valuation worth US$ XX by 2022.
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Chemical and biological weapons are replacing conventional arms and ammunition in warfare owing to their capability of affecting the target on a much more massive scale. While chemical and biological weapons might be small and not as immediate as typical explosives, they render a long-lasting impact, affecting mortality rates of the current population’s generation and those yet to come. Currently, the global CBRN defence market is focused on decontamination, prevention, and treatment of imminent threats.
Treatment and containment after contact is very challenging and comes with a high mortality rate. Current market trends are towards decontamination of affected areas and quarantining affected bodies. While CBRN hasn’t taken much centre stage in current era warfare, the threat it poses is very much real.
Currently, the biggest market growth for the CBRN defence industry is the provision of protective gear, equipment, and warning and detection systems. Improved growth rates are anticipated in the forthcoming years over improvisation of current safety equipment, especially considering the current variants being very outdated.
War preparation against the terrorism issue that had sprung up in recent times in regions surrounding Africa, Middle-East, Asia-Pacific, and Europe is also expected to boost the market’s anticipated growth I significant ways. Speculated use of chemical warfare in the Iran-Iraq and Israel-Palestine conflicts has necessitated the need for a constant supply of CBRN defence and treatment equipment, thus empowering the market’s role in those specific regions.
The global CBRN defence market is segmented by purpose into four different submarkets, namely detection, protection, decontamination, and simulation and training. The market is also segmented into military and civil law enforcement on the basis of application.
The global CBRN defence market is geographically segregated into Asia-Pacific, Europe, MEA (Middle-East and Africa), North America, and Latin America.
Currently, North America dominates the global market owing to sheer defence spending capacity of the USA and Canada.
Europe too is expected to witness a significant growth over the forecast period due to rising threats of terrorism and associated activities in neigh bouring regions.
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Asia-Pacific is expected to emerge a very prominent player in the market over the forthcoming years owing to increased defence expenditure (especially into nuclear warfare) by emergent economies in the region, namely India, Pakistan, China, North Korea, and many others.
Key players in the market include Alfred Karcher, Bruker Corporation, Battelle, Bioquell, AirBoss of America Corporation, Chemring Group, Elbit Systems and Smiths Detection, Rheinmetall AG and Thales Group.
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