Explosive Ordnance Disposal (EOD) Equipment Market Size, Share, Report, Analysis, Trends & Forecast to 2026
Dec 10, 2018
According to Stratistics MRC, the Global Explosive Ordnance Disposal (EOD) Equipment Market is accounted for $6.51 billion in 2017 and is expected to reach $11.47 billion by 2026 growing at a CAGR of 6.5% during the forecast period.
Gaithersburg, Maryland, , U.S. - December 10, 2018 /MarketersMedia/ —
Some of the key factors driving the market growth include transformation programs in various military and law enforcement agencies, increasing terrorist activities, instances of cross-border battles in various regions across the world and growing demand for advanced & efficient devices for national and civil safety. However, the high cost of this equipment's and huge investments made by the leading governments that are not properly utilized to their full potential are hampering the market growth.
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Explosive Ordnance Disposal (EOD) Equipment is used in the process by which harmful explosive is extracted safely. Where, water disruptor’s type used of water-projectile shaped control to detect and rescind explosives, blasting the device beside and splitting any exploding connections prior than any fuse or anti-tampering device on where the bomb can react. EOD equipment’s help disposes of old or unstable explosives, such as ones used in quarrying, mining, or old/unstable fireworks and ammunition. It assists specialist police units, raid and entry teams with booby-traps detection and prevention, and they help in conducting post-blast investigations.
Based on Application, Law Enforcement segment is expected to show remarkable growth during the forecast period. High adoption of EOD in law enforcement owing to increasing terror attacks coupled with growing concern with respect to the safety of citizens and the growing adoption of technically advanced equipment for law enforcement has driven the growth of this segment. By Geography, North America is anticipated to grow high rate during the forecast period. It’s due to Increasing investment in the improvement of military and defense service mainly in the U.S is driving the regional market growth. Thus, that application found in places of large civilian population such as stations, airports, and subways in this region.
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Some of the key players in the market are E. I. du Pont de Nemours and Company, Chemring Group, Northrop Grumman Corporation, Scanna MSC Ltd., United Shield International LLC, Safariland LLC, iRobot Corporation, NABCO Systems LLC., API Technologies Corp., Cobham plc and Reamda Ltd.
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Types Covered:
• EOD Suits and Blankets
• Explosive Detectors
• Search Mirrors
• Body Armors and Anti-mine Boots
• Bomb Containment Chambers
• Mine Detectors
• EOD Robots
• Projected Water Disruptors
• Portable X-Ray Machines
• Demining Tools
Applications Covered:
• Law Enforcement
• Defense
Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
UK
Italy
France
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
Contact Info:
Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929
Website: http://www.strategymrc.com
Source: MarketersMedia
Release ID: 456908
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