The Explosive Ordnance Disposal Equipment Global Market Report 2023, provides comprehensive information on the explosive ordnance disposal equipment market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Explosive Ordnance Disposal Equipment Global Market Report 2023, the global explosive ordnance disposal equipment market size is expected to grow from $5.58 billion in 2022 to $5.85 billion in 2023 at a compound annual growth rate (CAGR) of 4.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global explosive ordnance disposal equipment market size is expected to reach $6.95 billion in 2027 at a CAGR of 4.4%.
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Technological advancements are a key trend gaining popularity in the explosive ordnance disposal equipment market. EOD equipment manufacturers are introducing next-generation bomb disposal suits to maintain their position in the market. For instance, in December 2020, NP Aerospace, a UK-based company specializing in the design, development, and manufacture of advanced protective equipment and materials, launched the 4030 ELITE Bomb Disposal Suit and Helmet System. This next-generation EOD protection system offers superior survivability, advanced ergonomics, and reduced weight. The suit is designed to be scalable, allowing for the integration of communication and cooling systems into the base suit without requiring full-scale upgrades. This provides a cost-effective benefit for defense and security organizations.
The explosive ordnance disposal equipment market is segmented:
1) By Equipment Type: Portable X-Ray Systems, Projected Water Disrupters, Bomb Containment Chambers, EOD Suits And Blankets, EOD Robots, Explosive Detectors, Search
Mirrors, Other Equipment Types
2) By Technology: Trace, Bulk
3) By Application: Defense, Law Enforcement
North America was the largest region in the explosive ordnance disposal equipment market in 2022.
The table of contents in TBRC’s explosive ordnance disposal equipment market report includes:
1. Executive Summary
2. Explosive Ordnance Disposal Equipment Market Characteristics
3. Explosive Ordnance Disposal Equipment Market Trends And Strategies
4. Explosive Ordnance Disposal Equipment Market – Macro Economic Scenario
5. Explosive Ordnance Disposal Equipment Market Size And Growth
….
26. Africa Explosive Ordnance Disposal Equipment Market
27. Explosive Ordnance Disposal Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Explosive Ordnance Disposal Equipment Market
29. Explosive Ordnance Disposal Equipment Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
Northrop Grumman Corporation
Reamda Limited
NABCO Incorporated
Scanna MSC Limited
iRobot Corporation
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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