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Explosive Ordnance Disposal (EOD) Equipment Market By Equipment Type (Body Armors And Anti-Mine Boots, Portable X-Ray Machines, Bomb Containment Chambers, EOD Robots, Mine Detectors, Demining Tools, Projected Water Disruptors), By Application (Defense, Law Enforcement) - Growth, Share, Opportunities & Competitive Analysis, 2017 - 2025

Explosive ordnance disposal (EOD) equipment refers to the equipment and tools used to locate, detect, dispose of, and provide protection during explosive disposal operations. The global explosive ordnance disposal (EOD) equipment market has been segmented by equipment type, application, and geography. The overall explosive ordnance disposal (EOD) equipment comprises various components such as body armor and anti-mine boots; portable x-ray machines; bomb containment chambers, EOD robots; mine detectors; demining tools; and projected water disruptors. Various agencies across the world make use of all these components while detecting, locating, and disposing of explosives with minimal damage to nearby property and pedestrians. Growing investments in explosive disposal, accompanied by technological advancements in armor and containment technologies, have led to the growing popularity of EOD equipment in numerous countries across the world. In terms of application, the overall explosive ordnance disposal (EOD) equipment has been segmented into defense and law enforcement. Despite the defense, the sector is the largest consumer of EOD equipment worldwide, and the rate of adoption of advanced EOD equipment in the law enforcement segment has been witnessing a continued increase. Some of the developed markets for EOD equipment, including the U.S. and Western Europe, have increasingly introduced the usage of EOD equipment in their local and state-level agencies on account of rising terror threats and vulnerabilities.

Some of the major factors driving growth in the overall EOD equipment market include modernization programs in various military and law enforcement agencies. Regional conflicts, especially in geographies including the Asia Pacific, the Middle East, and Africa, have resulted in a significant demand for advanced explosive disposal solutions in recent years. In addition, rising terror activities in regions including North America, Europe, and Asia Pacific have made it imperative for numerous governments to empower and equip local law enforcement agencies with the latest technological tools in order to ensure prompt action and containment. Thereby, the global EOD equipment market is expected to witness significant growth in various regions across the world.

The report titled "Global Explosive Ordnance Disposal (EOD) Equipment Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025" offers strategic insights into the global explosive ordnance disposal (EOD) equipment market, along with the market size and estimates for the duration 2015–2025. The said research study covers an in-depth analysis of multiple market segments based on equipment type, application, and cross-sectional study across different geographies and sub-geographies. The study covers the comparative analysis of different segments for the years 2016 and 2025. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities. In addition, the report covers a section providing production and pricing trends in some of the major markets.

In order to help strategic decision-makers, the report also includes competitive profiling of the leading providers of explosive ordnance disposal (EOD) equipment, market positioning, and key developments. Some of the major players profiled in the report are Northrop Grumman Corporation, E. I. du Pont de Nemours and Company, Armtrac Limited, Chemring Group PLC, Safariland, LLC, iRobot Corporation, Scanna MSC Ltd., United Shield International LLC, NABCO Systems, LLC, API Technologies Corp., Cobham Plc, and Reamda Ltd.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the explosive ordnance disposal (EOD) equipment industry
  • Market fuelers, market impediments, and their impact on market growth
  • in-depth competitive environment analysis
  • Trailing 2-year market size data (2015–2016)

Overall, the research study provides a holistic view of the global explosive ordnance disposal (EOD) equipment market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.

The global explosive ordnance disposal (EOD) equipment market is segmented, based on application, into the following categories:

  • Defense
  • Law Enforcement

On the basis of application, the overall explosive ordnance disposal (EOD) equipment market was led by the defense segment in 2016. The segment accounted for more than a fourth of the overall explosive ordnance disposal (EOD) equipment market across the globe. With continued regional conflicts across numerous borders around the world, the defense sector is expected to witness continued growth in the following years. Thereby, the segment is expected to maintain its largest share in the overall explosive ordnance disposal (EOD) equipment market throughout the forecast period.

The law enforcement segment has been witnessing rising adoption of advanced EOD equipment in recent years. Factors such as rising instances of terror attacks in some of the major countries across the world have led to growing concerns pertaining to public safety. Furthermore, various terrorist and anti-social groups have been making increasing use of explosives and mines in order to spread terror and disrupt civilian activities. As a result, numerous governments across the world have been investing in order to better equip regional bomb squads and policing agencies to provide a higher degree of public safety. Thereby, the law enforcement segment is expected to witness a higher growth rate during the forecast period from 2017 to 2025.

The global explosive ordnance disposal (EOD) equipment market has been segmented on the basis of geographical regions, as per the following regions and countries:

  • North America
  • U.S.
  • rest of North America
  • Europe
  • U.K.
  • Germany
  • France
  • Russia
  • Rest of Europe
  • Asia Pacific
  • Japan
  • China
  • India
  • Rest of Asia Pacific
  • Rest of the World (RoW)
  • Middle East and Africa (MEA)
  • Latin America

In 2016, North America represented the largest market for EOD equipment in terms of revenue. The region accounted for more than 35% of the overall EOD equipment sales in 2016 across the world. With rising vulnerabilities and terror threats in the U.S., the overall North American EOD equipment market is expected to witness continued growth in the following years. Due to recent terror attacks and growing concerns about various terrorist organizations, the Europe region is expected to see a significant increase in investment in equipping various law enforcement agencies. Thereby, the European EOD equipment market is expected to grow at a faster rate as compared to the North American region in the following years.

The Asia Pacific region is expected to witness the fastest growth during the forecast period from 2017 to 2025. Regional conflicts across the borders with India, Pakistan, China, and Bangladesh have resulted in higher investments in military equipment. In addition, rising vulnerabilities and terror threats in these countries have made it imperative for various agencies to make use of advanced EOD equipment. Thereby, the Asia Pacific region is expected to surpass North America in the overall EOD equipment market in terms of revenue.

Frequently Asked Questions: 

The market for Explosive Ordnance Disposal (EOD) Equipment is expected to reach US$ 6,199.6 Mn in 2025

The Explosive Ordnance Disposal (EOD) Equipment market is expected to see significant CAGR growth over the coming years, at 4.8%.

The report is forecasted from 2017-2025.

The base year of this report is 2016.

Northrop Grumman Corporation,E. I. du Pont de Nemours and Company,Armtrac Limited,Chemring Group PLC,Safariland, LLC are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Jul 2017
Category:  Aerospace & defense
Report ID:   58543
Report Format:   PDF
Pages:   120
Rating:    4.5 (60)
Delivery Time: 24 Hours to 48 Hours   
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