The latest market report published by Credence Research, Inc. ?Global CBRNE Detection Equipment Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 - 2022,? the CBRNE detection equipment market was valued at USD 8,523.8 Mn in 2015, and is expected to reach USD 11,972.1 Mn by 2022, expanding at a CAGR of 5.0% from 2016 to 2022.

Browse the full report CBRNE Detection Equipment Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 ? 2022 at http://www.credenceresearch.com/report/cbrne-detection-equipment-market

Market Insights

Chemical, biological, radiological nuclear and explosive (CBRNE) materials when released into environment are considered as Hazardous Materials (HAZMAT) and the devices used to detect these materials are called as CBRNE detection equipment.  Rescue and treatment of victims and control and containment of hazards play a critical role and are complicated in nature due to the possible presence of chemical, biological, nuclear, radiological and explosive substances and thus pose an immediate threat to safety and health of emergency responders. Since the emergency responders bear the highest health risk from such threats, their protection and skill development is vital for overall population and global safety. The key factors assisting the growth of CBRNE detection system market are growing threat from terrorist organizations and growing use of nuclear power and new chemical entities for civilian purposes. CBRNE detection equipment market withholds several opportunities such as intensive investment in R& D efforts, advanced technologies and system for first response squads and an ideal amalgamated support from organizations and governments across the globe. This industry continues to innovate and introduce novel defense mechanisms. However, defense budgets potentially impact research and development. On the other hand, rivalry among the market players may affect the overall defense industry. The competing firms my not collaborate to improve value operations and thus urge the defense authorities to shell put more money. Thus, flexibility of incorporating emerging technologies can be affected by the overall market competition.

Market Competition Assessment

In 2015, Bruker Detection and Thermo Fisher Scientific, Inc. dominated the CBRNE detection equipment market. These two companies are the leading CBRNE detection equipment and systems manufacturers in the world and have also investing huge in terms of R&D operations to develop advanced detection systems and equipment. According to market experts competition in CBRNE detection equipment market is high and barriers are high. Competition is medium because the key market players and companies entering in the market are clustered in North America and Europe and barriers are high because the research is very specialized and requires a significant amount of investment, usually by the government or private donors, while the risks to profitability remain very high.

Key Market Movements

• North America is expected to lead the global CBRNE detection equipment market due to international missions, the threat of terrorism in the U.S., congressional mandate towards demilitarization.
• Threats from organized and unorganized terrorist groups along with neighboring countries expected to support the market growth
• Rising application of nuclear energy in power generation also carries risk related to terrorist attacks which is also one of the key market driver.

Browse the full report CBRNE Detection Equipment Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 ? 2022 at http://www.credenceresearch.com/report/cbrne-detection-equipment-market

Chemical, biological, radiological and nuclear defense (CBRN defense or CBRNE defense) is protective measures taken in situations in which chemical, biological, radiological or nuclear warfare (including terrorism) hazards may be present. CBRN defense consists of CBRN passive protection, contamination avoidance and CBRN mitigation.

A CBRN incident differs from a hazardous material incident in both scope (i.e., CBRN can be a mass casualty situation) and intent. CBRN incidents are responded to under the assumption that they are intentional and malicious; evidence preservation and perpetrator apprehension are of greater concern than with HAZMAT incidents.

A 2011 forecast concluded that worldwide government spending on CBRN defence products and services would reach US$8.38bn that year.[1]In the military area, there is CBRN equipment and personnel by all the Armed Forces. The Brazilian Army has two specific teams: the 1st Chemical, Biological, Radiological and Nuclear Defense Battalion, which is based at Rio de Janeiro and is responsible by decontaminating military equipment, weapon and personnel, and the Chemical, Biological, Radiological and Nuclear Defense Company, based at Goiânia and part of the Brazilian Special Operations Command, that makes the decontamination and defense in CBRN situations. The Brazilian Presidential Guard and Army Police also have CBRN units.

The Brazilian Marine Corps has the CDefNBQR (Nuclear, Biological, Chemical and Radiological Defense Center)[7][8][9] that controls the ARAMAR Nuclear, Biological, Chemical and Radiological Defense Battalion, at Iperó, São Paulo, conceived to provide the physical security and to perform CBRN emergencies control actions at the Centro Experimental Aramar, responsible for developing Brazilian Navy nuclear researches;[10] the Itaguaí Nuclear, Biological, Chemical and Radiological Defense Battalion, at Itaguaí, Rio de Janeiro, where it's going to be hosted the first Brazilian Navy nuclear-powered submarine; and the Nuclear, Biological, Chemical and Radiological Defense Company, at Duque de Caxias, Rio de Janeiro. The Air Force is making special teams for transporting victims from CBRN attacks/accidents. Source: Wikipedia

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