Predicting Explosive Growth: Explosive Ordnance Disposal Equipment Market Set to Reach $7.73 Billion by 2029

Explosive Ordnance Disposal Equipment

The size of the explosive ordnance disposal equipment market has been growing steadily in recent years. The market was worth $6.08 billion in 2024 and is projected to grow to $6.34 billion in 2025, indicating a compound annual growth rate (CAGR) of 4.3%. This growth in the historic period can be attributed to global security concerns, increasing IED threats, homeland security initiatives, humanitarian mine clearance, military modernization programs, and improvements in training programs. Further growth is expected in the coming years. It is projected to reach $7.73 billion in 2029 at a CAGR of 5.1%. Innovations in multifunctional EOD systems, focus on lightweight materials, global demining and clearance efforts, public safety applications, and modular interoperable systems will support this growth.

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What are Key Drivers for the Explosive Ordnance Disposal Equipment Market Growth?
An increase in terrorist activity drives the growth of the explosive ordnance disposal equipment market. Terrorist activities involve the deliberate use of violence or threats to achieve political, religious, or ideological goals, evoking fear and coercion among civilians. EOD equipment is widely used to safely detect, remove, and destroy dangerous weapons like landmines and other explosive remnants to counter these threats. According to the Global Terrorism Index 2023, published by the Institute for Economics & Peace, terrorist attacks are becoming more lethal, leading to higher demand for EOD equipment.

What are the Major Segments in the Explosive Ordnance Disposal Equipment Market?
– 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
– By Technology: Trace, Bulk
– By Application: Defense, Law Enforcement

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Who are the Major Players in the Explosive Ordnance Disposal Equipment Market?
Some of the major companies operating in the explosive ordnance disposal equipment market include  Northrop Grumman Corporation, Reamda Limited, NABCO Incorporated, Scanna MSC Limited, iRobot Corporation, API Technologies Corp., E. I. du Pont de Nemours and Company (DuPont), Cobham Plc., Chemring Group plc, United Shield International Limited, Armtrac Limited, Med-Eng. Holdings ULC, Westminster International Limited, ALCOR System Inc., API Microelectronics Limited, L3Harris Technologies Inc., FLIR Systems Inc., Safariland LLC, Allen Vanguard Corporation, Avon Protection Systems Inc., BBI Detection Systems Ltd., Bruker Detection Corporation, Brogan Industries Inc., Novatel Inc., Beijing Huaxin Kangbao Technology Co. Ltd., Nanjing Qiaohua Robotics Technology Co. Ltd., Hangzhou Qiandong Special Machinery Co. Ltd., Changsha JingAn Jian’an Technology Co.Ltd., General Electric Company.

What are the Emerging Trends in the Explosive Ordnance Disposal Equipment Market?
Companies in the explosive ordnance disposal equipment market are working on innovative solutions like chemical agent identifiers. These are devices designed to detect and identify chemical agents or hazardous substances. For instance, in March 2023, Smiths Detection, a global leader in screening technologies, launched ‘Lightweight Chemical Detector (LCD) 4’, a body-worn toxic chemical detector that enables mobile detection of explosives, narcotics, and highly toxic chemicals.

Which Region Will Lead the Explosive Ordnance Disposal Equipment Market?
North America was the largest region in the explosive ordnance disposal equipment market in 2024. Meanwhile, Asia-Pacific is expected to be the fastest-growing region in the coming years. Other regions covered in the market report include Western Europe, Eastern Europe, South America, Middle East, and Africa.

What Does The Explosive Ordnance Disposal Equipment Market Report 2025 Offer?
The Explosive Ordnance Disposal Equipment Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities. Explosive ordnance disposal equipment is a type of military ammunition used by all three services – armies, navies, and airforces. It enables the successful completion of operations and elimination of real threats.

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