{"id":110476,"date":"2021-04-01T21:00:00","date_gmt":"2021-04-01T21:00:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2857524"},"modified":"2021-04-01T21:00:00","modified_gmt":"2021-04-01T21:00:00","slug":"will-explosive-ordnance-disposal-eod-equipment-market-carry-its-growth-momentum-post-covid-19-read-more-to-know","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2021\/04\/01\/will-explosive-ordnance-disposal-eod-equipment-market-carry-its-growth-momentum-post-covid-19-read-more-to-know\/","title":{"rendered":"Will Explosive Ordnance Disposal (EOD) Equipment Market carry its growth momentum post COVID-19? Read more to know."},"content":{"rendered":"

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The Explosive Ordnance Disposal (EOD) Equipment Market is expected to grow at CAGR of 4.1% during 2020-2025, according to a report from Stratview Research.<\/p>\n

\"Explosive<\/p>\n

COVID-19 pandemic \u2013 Boon or a Curse to the industry?<\/strong><\/p>\n

The outbreak of COVID-19 has severely impacted several industries across the world. Tough government measures such as lockdown of major economies, has pressed the \u2018pause button\u2019 for most of the industries. For most of the industries, the revenue has gone down in 2020 and has resumed an uptrend gradually from 2021.<\/p>\n

Key insights on <\/strong>Explosive Ordnance Disposal (EOD) Equipment Market<\/strong><\/p>\n

Explosive ordnance disposal equipment market\u00a0<\/a><\/strong>is likely to witness a steady\u00a0CAGR of 4.1%<\/strong>\u00a0during the forecast period. The growth is attributed to increasing demand for military ground robots which are programmed to diffuse bombs and other explosives as it is safer to diffuse bombs through robots than manually. Increasing number of militancy groups across the globe is further resulting into increase in demand for the explosive ordnance disposal equipment market.<\/p>\n

Regional Insights<\/strong><\/p>\n

In terms of regions,\u00a0North America is estimated to be the largest market<\/strong>\u00a0for explosive ordnance disposal equipment during the forecast period due to huge investment in soldier modernization through warfare training and advanced defense equipment.<\/p>\n

Wish to get a free sample? Click here: <\/strong>https:\/\/www.stratviewresearch.com\/Request-Sample\/1216\/explosive-ordnance-disposal-equipment-market.html#form<\/a><\/p>\n

Market Scope & Segmentation<\/strong><\/p>\n

Explosive Ordnance Disposal Equipment Market Share: By Equipment Type<\/strong><\/p>\n

Based on the equipment type, the explosive ordnance disposal equipment market is segmented as portable X-ray systems, projected water disrupters, bomb containment chambers, EOD suits and blankets, EOD robots, Explosive Detectors, search mirrors, and others.\u00a0The explosive detector segment is estimated to grow with the highest CAGR<\/strong>\u00a0during the forecast period. Growing use of explosive detectors in public places such as malls and airports due to safety concerns with increasing threats from terrorists and militants across the globe is resulting into high growth in demand for EOD explosive detectors during the forecast period.<\/p>\n

Explosive Ordnance Disposal Equipment Market Share: By Application Type<\/strong><\/p>\n

Based on the application type, the explosive ordnance disposal equipment market is segmented as defense and law enforcement.\u00a0The defense industry segment is expected to remain the largest segment by application<\/strong>\u00a0over the forecast period, owing to increasing deployment of soldier modernization programs that employ EOD robots as well as the use of other counter-terrorism equipment and strategies.<\/p>\n

Go through the Table of Contents: <\/strong>https:\/\/www.stratviewresearch.com\/toc\/1216\/explosive-ordnance-disposal-equipment-market.html<\/a><\/p>\n

Which key questions will this report answer?<\/strong><\/p>\n

This market research report focuses to deliver relevant information regarding the market trends, structure and growth during the forecast period of 2020-2025. It also offers insights into different market segments and other factors affecting the market.<\/p>\n

Some of the key questions answered by the report are:<\/p>\n