Thinktank says CBRN defense market worth $7.9 billion and growing

The independent defense industries Visiongain thinktank has announced that the global chemical, biological, radiological and nuclear defense market in 2009 was worth $7.9 billion.

The motivation and technical ability to carry out a biological, chemical, radiological or nuclear attack was previously unavailable to most terrorists. A February threat assessment by U.S. intelligence agencies, however, announced that, if al-Qaeda were to develop such weapons, they would be deployed against Western targets.

In anticipation of the rising fear of a CBRN attack, South Africa has brought in CBRN equipment to use against possible attacks during the 2010 FIFA World Cup, which the nation will host.

Visiongain has said that it foresees a continuing demand for equipment to be utilized by CBRN first responders in both the military and civil domain, including by emergency services, which have seen extensive training programs delivered to prepare personnel on how to respond to an attack.

The thinktank has also said that CBRN detection, protection and decontamination systems will be more widely adopted around the world, especially in the quickly expanding Asia-Pacific market.

Government spending to protect citizens from CBRN terrorism is expected to continue as experts see the global terrorist threat remaining at an elevated level for years to come.

Visiongain has said that the defense market would expand dramatically if a CBRN attack were deployed on a major economic power in Asia, Europe or North America.