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Explosive Ordnance Disposal (EOD) Equipment Market Value to Reach $12,192.29 million by 2028: Stratistics MRC

2021 - 2028 Global Explosive Ordnance Disposal (EOD) Equipment Market

2021 - 2028 Global Explosive Ordnance Disposal (EOD) Equipment Market

HYDERABAD, TELANGANA, INDIA, December 29, 2021 / -- Explosive Ordnance Disposal (EOD) Equipment Market Forecasts to 2028 – Global Analysis By Equipment Type (Bomb Containment Chambers, Projected Water Disruptors), Application (Defense, Law Enforcement) and By Geography

According to Stratistics MRC, the Global Explosive Ordnance Disposal (EOD) Equipment Market is accounted for $7,311.85 million in 2020 and is expected to reach $12,192.29 million by 2028 growing at a CAGR of 6.6% during the forecast period. Transformation programs in various military and law enforcement agencies, increasing terrorist activities, instances of cross-border battles in various regions across the world are the major factors propelling the market growth. However, the high cost of this equipment and huge investments is hampering the market growth.

Some of the key players profiled in the Explosive Ordnance Disposal (EOD) Equipment Market include API Technologies Corp, Armtrac Limited, Chemring Group PLC, Cobham plc, E. I. du Pont de Nemours and Company, iRobot Corporation, NABCO Inc, Northrop Grumman Corporation, Reamda Ltd., Safariland, LLC., ScannaMsc Ltd, and United Shield International Ltd.

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