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The Global CBRN Market 2013-2023 - Market Size and Drivers: Market Profile

2.2.5 Threats emanating from unstable governments and radical terrorism expected to drive investment in CBRN defense in the Middle East
2.2.6 Brazil expected to be the highest spender on CBRN defense in the Latin American region
2.2.7 Markets in Africa expected to increase over the forecast period
2.3 CBRN defense Sub–Sector Market Size Composition
2.3.1 CBRN detection and protection to account for 60% of the market during the forecast period
2.3.2 Market for CBRN detection to register a CAGR of 4.1%
2.3.3 CBRN protection market to experience robust growth over the forecast period
2.3.4 CBRN Decontamination market to grow at a CAGR of 4.5%
2.3.5 CBRN simulation market to be driven by a rising emphasis on training and development of emergency response teams
2.3.6 Market for CBRN disposal to decline over the forecast period
2.4 Demand Drivers and Growth Stimulators
2.4.1 Threat from terrorist organizations and hostile neighboring countries expected to fuel global demand
2.4.2 Easy availability of CBRN device technology is increasing the need for countries to take added precaution
2.4.3 Increasing use of nuclear energy for civilian purposes
2.4.4 Demilitarization mandates of the US and Russia expected to remain major drivers of CBRN defense expenditure over the forecast period
2.5 Defense Budget Spending Review
2.5.1 European capital expenditure expected to increase during the forecast period
2.5.2 Asian defense budgets expected to increase at a robust pace
2.5.3 North American defense expenditure projected to decline marginally during the forecast period
2.5.4 Modernization programs likely to drive defense expenditure in South American countries
2.5.5 Military budgets of African countries expected to increase during the forecast period
2.5.6 Defense budgets of Middle Eastern countries likely to increase during the fo
Source: PRWeb
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