Global Spending on CBRN Defence to Reach $8.91bn in 2012, According to Visiongain
21 May 2012 • by Natalie Aster
The widely held view that the September 11 2001 attacks in the US propelled chemical, biological, radiological and nuclear (CBRN) defence onto a much higher trajectory still remains true in a new decade. Those attacks and the anthrax scare that followed continue to sustain spending on CBRN defence in many jurisdictions, although many companies participating in this market increasingly find expenditure being pared back. This is particularly the case since the global financial crisis in 2007-2010 triggered a new era of austerity and sharp budget cuts, although it is believed this can often be overplayed. Spending on CBRN defence is certainly more sensitive to budget constraints than for visible high profile defence assets such as missiles or radar technology.
According to the report “The CBRN Defence Market 2012-2022” by Visiongain, global spending on CBRN defence will reach $8.91bn in 2012.
The CBRN Defence Market 2012-2022
Published: February, 2012
Price: US$ 2.953,00
In a year that saw the seventh review round of the Biological and Toxic Weapons Convention, 2011 and 2012 demonstrated that demand for CBRN defence remains a priority. As developed countries continue to refine their organisational and technological approach to potential CBRN threats, many key emerging markets are also ramping up programmes to acquire solutions that provide detection, protection and treatment.
US Secretary of State Hilary Clinton sought to maintain wariness among delegates of the Biological and Toxic Weapons Convention Review in Geneva in late 2011 by claiming that militant group Al-Qaeda in the Arabian Peninsula had that year called on sympathisers with microbiology or chemistry degrees to develop weapons of mass destruction.
Such discoveries perpetuate global expenditure on CBRN technology, as does the existence of militant or violent separatist groups generally. This is particularly the case in an increasing number of emerging markets, where unprecedented rapid economic growth threatens a struggle for control over power and wealth.
More information can be found in the report “The CBRN Defence Market 2012-2022” by Visiongain.
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