Market Research Industry Today
CBRN Security Market will be Driven by Need for Effective CBRN Control and Launch of Advanced Security Systems
CBRN security includes the preventive and protective measures to combat circumstances that involve danger and hazardous agents. Due to the need for maintenance of economic stability and constant concern for the protection of civilian lives, the market for CBRN security is growing rapidly across the globe.
Key Factors Boosting the CBRN Security Market
The growing threats from various terrorist organizations and geo-political issues are the key drivers of the global chemical, biological, radiological, and nuclear (CBRN) security market. Today, the international campaign against the terrorist organization ISIS, several geostrategic situations surrounding the Syrian Civil War, as well as the constantly spreading threat of Ebola in West Africa have pushed the demand for chemical, biological, radiological, and nuclear (CBRN) security across the globe.
The market is also driven by the rising demand for sophisticated and effective CBRN combat devices. An increase in specialized security systems and devices such as capsule cradles and handheld detection equipment has further armed troops and civilians with effectiveness and accuracy in detection, protection, and decontamination of dangerous agents during CBRN attack situations. The increasing need for security and safety of civilian lives during CBRN attacks caused either artificially or naturally has significantly boosted the demand for CBRN security in the world.
Get free sample report:http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=6475
All the above mentioned factors are expected to push the market for CBRN to a value of US$11.9 bn by 2021, up from US$9.1 bn in 2014. The market is expected to expand at a CAGR of 3.80% from 2015 to 2021, according to Transparency Market Research’s recent study on the CBRN security market.
Developers of CBRN Systems Aim at Improving Performance and Functionality of Security Devices
In an environment of heightened security tension and worldwide governments working ceaselessly toward ensuring the safety of their citizens by developing innovative, effective, and advanced CBRN platform technologies and devices, CBRN defense remains a critical part of the strategic security and infrastructure protection across all nations in the world.
CBRN security systems are expected to provide accurate and quick information to emergency responders and defense personnel in order to perform well in times of unanticipated situations that involve deliberate release of CBRN agents.
At present, the current trend in the CBRN market is to build advanced detectors that have high selectivity and sensitivity, rapid monitoring speed, reduced false alarm rates, compactness, and real-time detection capability. In addition, industries such as networking, semiconductor integrated circuit (IC), IT, and telecommunications are advancing into developing sophisticated modeling and simulation tools that would aid emergency responders in the decision-making process at the time of a CBRN incident.
U.S. Expected to Witness Increasing Adoption of CBRN Security Systems until 2019
The U.S. is currently the largest market for CBRN security in the world. This region is expected to continue holding its leading position throughout the forecast period. Various initiatives undertaken by the government and the military to reduce threats from terrorist organizations are contributing to the growth of the CBRN security market in North America.
The demand for CBRN security systems is significant in North America due to the increasing interest for effective CBRN control and adoption of advanced security systems to prevent severe CBRN incidents.
Browse Full Global CBRN Security Market Report With Complete TOC @ http://www.transparencymarketresearch.com/cbrn-security-market.html
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insights for decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, TMR employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Contact
Mr. Nachiket Ghumare
90 State Street Suite 700
Albany NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Share on Social Media
Other Industry News
Ready to start publishing
Sign Up today!