MRO Magazine

Research and Markets: Global Surveillance Market for Hazard Protection 2015-2019 with L-3 Communications, Northrop Grumman, Safran & Smiths Detection Dominating


March 23, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/bb2n9q/global) has announced the addition of the “Global Surveillance Market for Hazard Protection 2015-2019” report to their offering.

The analysts forecast the Global Surveillance market for Hazard Protection to grow at a CAGR of 16.1% over the period 2014-2019

The advances in technology is a major trend in the market. The evolution of viruses is causing difficulties in the development of successful vaccines. The hazard protection solutions being used currently fail to scan the minute presence of viruses, leading to widespread illnesses and deaths.

According to the report, the increasing number of terrorist activities worldwide is a key driver in the market. It has become necessary for emergency personnel like firefighters, police and emergency medical workers to use protection equipment to safeguard against risk.

Further, the report states that the initial costs of protection equipment and surveillance systems are quite high, which has become a challenge for the market. Organizations are bearing the cost of replacement and upgrades of hazard protection solutions.

Hazards can be of various forms that include:

  • Hazards at construction sites, mining sites, and oil and gas exploration sites
  • Hazards due to the outbreak of viruses
  • Hazards due to the chemical , biological, and nuclear explosions
  • Hazards caused due to terrorist activities

Protection from hazards can be achieved by using the following methods:

  • Surveillance systems
  • Protection equipment
  • Decontamination solutions

To calculate the market size, the report considers the revenue generated from the sales of the following components:

  • Surveillance systems
  • Protection equipment
  • Decontamination solutions

The Global Surveillance market for Hazard Protection is segmented on the basis of the following:

  • End-users: Nuclear, Government and Defense, Manufacturing, Construction, and Mining
  • Geography: the Americas, the EMEA region, and the APAC region

Key Vendors

  • L-3 Communications
  • Northrop Grumman
  • Safran
  • Smiths Detection

Other Prominent Vendors

  • Aigis Blast Protection
  • AirBoss Defense
  • Airsense Analytics
  • Argon Electronics
  • Autoclear
  • Avon Protection Systems
  • Bertin Technologies
  • Tradeways
  • Unival Group
  • Veritide

For more information visit http://www.researchandmarkets.com/research/bb2n9q/global

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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