Published on: February 14, 2022


Explosive Ordnance Disposal Equipment Market by Application and Geography - Forecast and Analysis 2022-2026 Market Analysis

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.



What will be the Explosive Ordnance Disposal Equipment Market Size be in 2023?



Explosive-Ordnance-Disposal-Equipment-Market-Size



Who are the Key Vendors in the Explosive Ordnance Disposal Equipment Market?



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.



Explosive-Ordnance-Disposal-Equipment-Market-Report



What are the Upcoming Explosive Ordnance Disposal Equipment Market Trends?



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 Industry



The 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.




Explosive Ordnance Disposal Equipment Market Segmentation



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.



Key Explosive Ordnance Disposal Equipment Market Report Benefits




  • Gain in-depth insights about your market that will aid in making strategic decisions related to market entry, partnerships, new product launch, and more.

  • Identify the most profitable product/service segments which will help in upgrading product offerings, portfolio expansion, and market entry.

  • Accurate prediction on explosive ordnance disposal equipment market CAGR, market size, and growth potential.

  • Insights on the market’s growth & opportunities in the global and regional levels.

  • Get a clear understanding on the business implications of key market trends.

  • Detailed analysis of market challenges and risks.

  • Comprehensive data that covers region-, segment-, and company-specific information.

  • Identify key competitors and the products/services they offer, their market share, and business strategies including investments & M&As.



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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,