Published on: February 14, 2022
Explosive ordnance disposal equipment market size will increase at a steady pace. The rise in terrorist attacks across the region and the development of advanced portable X-ray systems will be key factors influencing market growth during the forecast period. iRobot Corporation, Safariland, LLC, Northrop Grumman Corporation, Scanna Msc Ltd., NABCO, Inc., and United Shield International Ltd. are some of the key vendors in this marketspace.
This report provides a comprehensive analysis of the growth opportunities, market segmentations, prospects in various regions and key countries, implications of new market trends, and the impact of domestic and global market players.
iRobot Corporation, Safariland, LLC, Northrop Grumman Corporation, Scanna Msc Ltd., NABCO, Inc., and United Shield International Ltd are some of the key explosive ordnance disposal equipment market vendors covered in this report.
The market is competitive and with the upcoming number of growth opportunities for market vendors, the competitive landscape is set to intensify further. The key players are adopting various strategies including collaborations, M&As, and the development of innovative products to enhance their customer base.
Covering key vendor revenue, business expansion strategies, portfolio analysis, threat from new entrants and substitutes, and competitive benchmarking, our vendor analysis will help clients plan go-to-market strategies and new product launches.
The development of advanced portable X-ray systems and the rising terrorist attacks across the region are the key trends that will influence market growth. As a result, the market size will increase at a steady YOY rate during the forecast period.
However, factors such as the declining defence budget due to COVID-19 will hinder the demand for explosive ordnance disposal equipment posing as a key challenge for vendor growth.
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Parent Market - Aerospace and Defense IndustryThe explosive ordnance disposal equipment market is catalogued under the aerospace and defense industry. This industry was worth $2774.57 billion in 2020 and will grow at a moderate pace during the forecast period. |
The global market for explosive ordnance disposal equipment has been segmented by application and geography. Based on application, the market has been further segmented into defense and law enforcement.
Based on Geography
By geography, the report analyzes the market by key regions North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA).
Regional-specific analysis also provide insights of the upcoming demand for explosive ordnance disposal equipment across key countries in these regions.
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Scope of the Report |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Parent Market |
Aerospace and Defense |
Parent Market Size |
$2774.57 billion |
By Market Segmentation by Application |
Defense | Law enforcement |
Regional analysis |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA) |
Companies profiled |
iRobot Corporation, Safariland, LLC, Northrop Grumman Corporation, Scanna Msc Ltd., NABCO, Inc., and United Shield International Ltd |
Top Market Trend |
The rise in terrorist attacks across the region | Development of advanced portable X-ray systems |
Report Benefits |
Market trends analysis, Competitor market share and strategies, Company profiling and competitive benchmarking, Growth opportunities in global and regional levels, Business implications of market risks and challenges, |