CBRN Defense Market Research Report 2019 by Size, Share, Trend, Global Analysis, Future Strategic Planning and Consumption by Forecast to 2023

CBRN Defense Market Research Report- Global Forecast to 2023, biological, radiological and nuclear (CBRN) security market to witness a healthy growth over the next several years. Market Research Future (MRFR) reports that the global CBRN security market will exhibits a 5% CAGR between 2017 and 2023. Growing defence expenditure worldwide is reflecting favourably on the market. CBRN defence system is a combination of protective gears used in situations where there is risk of high chemical, biological, radiological and nuclear exposure.

Governments are investing in CBRN security to protect civilian lives. Development of chemical weapons and their increased usage has become a major concern. These weapons have severe impacts on human life, wildlife and environment moreover their effects can last for years. Such grave risks have prompted development of effective defence systems that can detect, protect, and decontaminate. 

Governments and international organizations are taking steps towards reduce CBRN threats. Anti-WMD and anti-CBRN initiatives are being taken in various countries across the global. In 1996, the International Court of Justice (ICJ) pronounced the use of nuclear weapons as illegal. During the same year, Comprehensive Nuclear Test Ban Treaty (CTBT) was signed at the United Nation (UN) by Russia, France, China, the U.K, and the U.S.

The U.S. accounts for the largest number of nuclear warheads in the world. The country also has a large stockpile of chemical weapons. The U.S. federal government is taking steps to systematically dispose these inventories. Currently, 3,000 ton of chemical weapons are stored in facilities at Bluegrass in Kentucky and Pueblo in Colorado. Officials have initiated depletion process of the Pueblo inventory. These inventories are expected to be destroyed completely within few years’ time.

CBRN Defense Market by Purpose (Detection, Protection, Decontamination and Simulation & Training), by Application (Military and Civil Law Enforcement), and by Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South America) - Forecast To 2023 @ https://www.marketresearchfuture.com/reports/cbrn-defense-market-1296