Agriculture Robots Market Global Scenario Chemical, Biological, Radiological, Nuclear Market

Global Chemical, Biological, Radiological, and Nuclear (CBRN) Security
Market is Expected to Reach $14 Billion by 2024, Says Variant Market
Research
Global Chemical, Biological, Radiological, and Nuclear (CBRN) Security
Market Report, published by Variant Market Research, forecast that the global market
is expected to reach $14 billion by 2024 from $10 billion in 2016, growing at a CAGR of
3.7% from 2016 to 2024. By geography, Asia-pacific and Rest of the World are
expected to grow at a CAGR of 4.6% and 3.8%, respectively, during the forecast period.
CBRN incidents can occur accidentally, intentionally, or naturally. Growing worldwide
concern over the prevention of CBRN attack has propelled the growth of the CBRN
security market globally. Various developing countries such as China and India are
increasing their expenditure in adequate security structure to prevent the occurrence of
nuclear accidents. Increased threat from terrorist organizations, demilitarization
initiatives adopted by various nations, and rise in worldwide demand for
radiopharmaceuticals are the major factors driving the global CBRN security market.
However, high installation and maintenance cost would restrain the market growth in
coming years. Technological advancement in CBRN security equipment would provide
several growth opportunities for the market in coming years.
Browse Complete Report @ https://www.variantmarketresearch.com/report-
categories/defense-aerospace/chemical-biological-radiological-and-nuclear-cbrn-
security-market