marketreports

The Chemical Biological Radiological Nuclear & Explosives (CBRNE) Detection Equipment market is classified on the basis of detection, portability type, system, end user, and geographical regions. Due to increased security, safety and law enforcements within public and private places, people are becoming more secure and conscious about critical situations and incidents. This has led to a reduction in terrorism and, in turn, boosted the growth of the CBRNE detection equipment market. The CBRNE Detection Equipment Market is estimated to grow at a CAGR of 4.89% during the forecast period 2018–2023. The Middle East and Africa regions are forecast to be the fastest growing markets during the forecast period 2018–2023. The regions are estimated to grow at a combined CAGR of 6.73%, which can be mainly attributed to the domestic disturbances in these regions over the past few years. The increase in concern to protect civilian lives, which includes preventive measure to safeguard them from h...