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Explosive Ordnance Disposal Equipment Market (Equipment Type - Portable X-Ray Systems, EOD Suits, and Blankets, EOD Robots, Projected Water Disruptors, Bomb Containment Chambers and Projected Water Disruptors; Application - Defense, and Law Enforcement): Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

  • Published : July, 2018

  • Rep Id : AT0072

  • Category : Automotive, Aerospace & Defence

  • Status : Published

This report provides exclusive insights into the COVID-19 impact on the Explosive Ordnance Disposal Equipment Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Explosive Ordnance Disposal Equipment Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Explosive Ordnance Disposal Equipment Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.

A recent report published by Infinium Global Research on explosive ordnance disposal equipment market provides an in-depth analysis of segments and sub-segments in global as well as regional explosive ordnance disposal equipment market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional explosive ordnance disposal equipment market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global explosive ordnance disposal equipment market. According to the report the global explosive ordnance disposal equipment market is projected to grow at a CAGR of 4.1% over the forecast period of 2018-2024.


Market Insight

Army explosive ordnance disposal (EOD) falls under the Joint Service EOD field. EOD technicians from all facilities train and fight together. Explosive ordnance disposal specialist Soldiers are the Army's distinguished planned and technical explosives experts. They are warriors who are properly trained, equipped, and integrated to attack, defeat, and exploit unexploded weaponry, improvised explosive devices, and weapons of mass destruction.

 

Rising terrorist activities and instances of cross border conflicts in various regions across the world have led to an increased usage of explosives across the border. This, in turn, is anticipated to be a major driving factor for the growth of the explosive ordnance disposal equipment market. Additionally, growth in the overall EOD equipment the market includes modernization programs in various military and law enforcement agencies that are likely to fuel the growth of the market over the upcoming years. However, the high cost of this equipment’s and heavy investments made by the leading governments that are not properly utilized to their full potential is anticipated to hamper the growth of the explosive ordnance disposal market over the forecast period.

 

 On the other hand, an increasing number of instances of terrorist attacks is also expected to boost the demand for explosive modernization disposal equipment globally. Furthermore, military enhancement activities have opened several doors of opportunities for the explosive ordnance disposal equipment market over the upcoming year’s. Moreover, a surge in technical advances in armor and containment has resulted in the rising popularity of the explosive ordnance disposal market worldwide.

 

Among the geographies, North America dominated the explosive ordnance disposal market in terms of revenue. In addition, North America is expected to establish high demand for the equipment such as portable X-rays and EOD robots. Portable X-ray systems are majorly designed for detecting hidden explosives. Moreover, North America has invested heavily in soldier modernization, including tough warfare training and the provision of advanced equipment, including explosive ordnance disposal equipment due to high importance given to defense and law enforcement activities by the U.S. government.

 

Segment Covered

The report on the global explosive ordnance disposal equipment market covers segments such as equipment type and application. On the basis of equipment type the global explosive ordnance disposal equipment market is categorized into a portable X-ray systems, EOD suits, and blankets, EOD robots, projected water disruptors, bomb containment chambers and projected water disruptors. On the basis of application the global explosive ordnance disposal equipment market is categorized into defense and law enforcement.

 

Geographic Coverage

The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain and Rest of Europe are included in the European region. 


Explosive Ordnance Disposal Equipment Market


The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2018-2024.

 

Companies Profiled:

The report provides profiles of the companies in the global explosive ordnance disposal equipment market such as Northrop Grumman Corporation, Reamda Ltd., Scanna MSC Ltd, NABCO Inc, United Shield International Ltd., API Technologies Corp, Du Pont (E.I.) De Nemours, Cobham Plc, iRobot Corporation and Safariland, LLC.

 

Report Highlights:

The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global explosive ordnance disposal equipment market. Moreover, the IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of explosive ordnance disposal equipment market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the explosive ordnance disposal equipment market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the explosive ordnance disposal equipment market to understand the present and future trends in this market and formulate their strategies accordingly.


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