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BCC Research Publishes a New Report On Global Markets for Surveillance and Monitoring of Explosive, Chemical, Biological, and Nuclear (Ecbn) Hazards.
Date:8/18/2013

Wellesley, MA (PRWEB) August 18, 2013

According to a new technical market research report, SURVEILLANCE AND MONITORING OF EXPLOSIVE, CHEMICAL, BIOLOGICAL AND NUCLEAR HAZARDS (SAS005D), from BCC Research (http://www.bccresearch.com), the market for surveillance and monitoring of ECBN (Explosive, Chemical, Biological, and Nuclear) hazards was valued at $148.3 billion in 2012 and is expected to reach $169.5 billion in 2013. The report forecasts total market value to surpass $387.9 billion in 2019, after increasing at a five-year compound annual growth rate of 14.9%.

The demand for radiation/nuclear hazard monitoring equipment increased dramatically after the Chernobyl disaster in Russia in 1986. The industry for monitoring these hazards continued to grow after a number of significant global hazard events. Some of the major events that impacted the growth of the industry include the terrorist acts of September 11, 2001 and the earthquake and tsunami-induced disaster at the Fukushima nuclear power plant in Japan in 2011.

The employment or threat of explosives, chemical, biological, radiological, and nuclear weapons including toxic industrial materials presents serious challenges to peaceful countries worldwide. The deadly, destructive, and disruptive effects of these weapons and materials demand continuous vigilance by all concerned, and every country must train for and remain prepared to face the threat they pose.

BCC Research’s new report shows how the past few years have seen enormous advances in exciting and promising new technologies designed to detect and monitor ECBN hazards and to protect the personnel who must deal with them. The ECBN industry is characterized by equipm
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