The CBRN security market is primarily driven by escalating demand for effective CBRN incident combat equipment globally. The increasing importance for the security and safety of civilian lives during CBRN incidents, caused either naturally, artificially, or intentionally is boosting the demand for CBRN security worldwide. The CBRN security systems and equipment facilitate the armed troops by providing effectiveness and accuracy in protection, detection and decontamination of the harmful agents during CBRN attack situations.

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In terms of segmentation by types, the nuclear security segment held the highest revenue share accounting for more than thirty percent of the overall market in 2014. With the increasing threats from terrorist organizations, the requirement for chemical and biological security is also escalating at substantial growth rate globally. In terms of functions, the decontamination equipment segment, detection equipment segment and protection equipment segment are evaluated to be growing at significant rates worldwide. The simulation systems segment is currently growing at a slower pace; however, this segment is expected to gain pace over the forecast period from 2015 to 2021.

Geographically, North America lead the global CBRN security market with market revenue share more than thirty percent in 2014 and is expected to continue its dominance throughout the forecast period. Growing interest for effective CBRN control and increasing adoption of enhanced security systems to prevent CBRN incident are the major factors driving the growth of the CBRN security market in North America. Moreover, the initiatives undertaken by the governments and military to minimize threats from terrorist organizations are contributing to the growth of CBRN security market in North America. The U.S. is presently estimated to be the largest market for CBRN security in the world and is expected to continue holding the position throughout the forecast period.

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Owing to increasing threat from terrorist organizations in Europe, the market for CBRN Security in the region is expected to surge in during the forecast period. Additionally, unfavorable geo-political conflicts among nations increase the probability of deployment of CBRN weaponry with intent to cause damage and harm the economy. Countries such as Russia, Germany, the U.K., France, and Italy among others are constantly undertaking initiatives for upgrade their military and law enforcement technologies for providing safety and security to civilians.

Following the escalating arms race in the Asia Pacific (APAC), the CBRN security market in the region is presently estimated to be growing at a CAGR of 4.6% from 2015 to 2021. APAC is estimated to be the fastest growing region in the global CBRN security market currently. The emergence of regional CBRN security OEMs from in APAC is expected to offer lucrative opportunities to the existing and emerging players in the market. Europe and Asia Pacific are estimated to collectively account for more than fifty five percent of the global market revenue share.

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