Market Size of CBRNE Defense Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 6.90 % |
| Fastest Growing Market | North America |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Chemical, Biological, Radiological, Nuclear and Explosives (CBRNe) Defense Market Analysis
The CBRNe defense market is anticipated to increase from USD 14.21 billion in 2022 to USD 22.06 billion in 2028, registering a CAGR of 6.9% during the forecast period.
- The COVID-19 situation forced governments to procure personal protective equipment (PPE) equipment, disinfectants, and detection systems. It caught most countries off-guard and underequipped to produce locally, and they were forced to procure huge quantities of PPE units from the international market. However, the increased demand for PPE equipment was expected to be short-term.
- The CBRNe defense market is growing with an increase in the number of terrorist attacks worldwide, using CBRNe agents to carry out the attacks. The increase in the number of threats, as well as attacks carried out by making use of chemical, biological, and radioactive weapons, in recent years, led to various governments increasing their security measures globally.
- Nowadays, the procurement of chemicals and materials for manufacturing the CBRNe weapons has become easier than ever before, and this raises concerns about the increasing threat from CBRNe weapons that are propelling the growth of the CBRNe defense market in the years to come.
- Technological developments in unmanned systems, especially unmanned ground vehicles (UGVs) and unmanned aerial vehicles (UAVs), demonstrated the potential of remotely operated capabilities in alleviating the risks to humans in hostile environments resulting due to the CBRNe attacks. In terms of CBRNe defense missions, unmanned systems can perform a wide variety of tasks that range from reconnaissance and surveillance to detection and decontamination.
- Governments are also expected to invest in CBRNe defense equipment for the future, leading to a rise in both local production capacity as well as an increase in procurement quantity over the next few years. Ports across the world are expected to make international travel security checks stricter, mainly to identify, isolate, and prevent the transmission of communicable diseases.
