Explosive Ordnance Disposal Market Report 2024 (Global Edition)

Global Explosive Ordnance Disposal Market Report 2024 Market Size Split by Equipment Type (Portable X-ray Systems, Projected Water Disruptors, Bomb Containment Chambers, EOD Robots, Explosive Detector...

Explosive Ordnance Disposal Market Report Description

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Explosive Ordnance Disposal Market Insights Video

Competitive Landscape of the Explosive Ordnance Disposal Market

The competitive landscape of the Explosive Ordnance Disposal market is characterized by a diverse range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established manufacturers, specialized Explosive Ordnance Disposal companies, and emerging start-ups aiming to disrupt the market with innovative solutions.

March 2023: Vidisco, a provider of advanced portable X-ray detection solutions, introduced 'Guardian,' an innovative system designed for the safe detection and neutralization of various types of ammunition in the field. The Guardian system enhances the safety of defense forces by detecting live ammunition during EOD operations. (Source: https://internationalsecurityjournal.com/vidisco-portable-x-ray-system-ammunition-detection/ )

Top Companies Market Share in Explosive Ordnance Disposal Industry: (In no particular order of Rank)

• L3Harris Technologies Inc.
• Teledyne FLIR LLC
• Med-Eng Holdings ULC (Cadre Holdings
• Inc.)
• Northrop Grumman Corporation
• Garrett Metal Detectors
• Reamda Ltd.
• Scanna MSC
• NABCO Systems LLC
• United Shield International Ltd.
• Cobham Limited
• ABP
• Westminster International Ltd.
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Explosive Ordnance Disposal Market

Which Region Dominates the Explosive Ordnance Disposal Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. The U.S. is prioritizing the modernization of its soldier protection systems for contingency operations, which includes acquiring new EOD suits and helmets for its armed forces. As part of this initiative, in 2023, the British multinational defense technology company QinetiQ was awarded a contract by the U.S. Navy to build unmanned ground vehicles, specifically the Talon and the MTRS, for bomb disposal purposes. This contract is valued at approximately USD 10.6 million. The MTRS MK2 is designed to enhance the detection, identification, and disposal of Improvised Explosive Devices (IEDs) and similar threats, employing ground robots equipped with payloads for IED disposal.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Explosive Ordnance Disposal market for several reasons. ? Many countries across the Asia Pacific are swiftly modernizing their armed forces in response to geopolitical tensions and territorial disputes. This includes significant investments in advanced EOD technologies and equipment to bolster defense capabilities. Increased defense budgets are facilitating the acquisition of cutting-edge EOD equipment, such as detection systems, robotic platforms, and protective gear for EOD personnel, aimed at enhancing operational efficiency and safety. India, for instance, allocated US$ 74.7 billion to its defense budget in 2024, ranking fourth globally. With ambitions to become a major defense exporter, India has set a target of US$ 6.02 billion (Rs. 50,000 crore) in annual defense exports by 2028-29. In its Interim Budget for 2024-25, US$ 2.9 billion (Rs. 23,855 crore) was allocated to DRDO (Defense Research and Development Organization), with an additional corpus of US$ 12.0 billion (Rs. 1 lakh crore) earmarked for Deep Tech, offering long-term loans to tech-focused companies to foster innovation in defense technologies within India. Moreover, the Union Budget for 2022-23 earmarked 25% of the defense R&D budget for private industry and startups, aiming to catalyze the development of new defense technologies in India.

 

The current report Scope analyzes Explosive Ordnance Disposal Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Explosive Ordnance Disposal

According to Cognitive Market Research, the global Explosive Ordnance Disposal market size was estimated at USD 5561.5 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 2224.6 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Explosive Ordnance Disposal market with a market size of USD 1755.2 million in 2024 and is projected to grow at a CAGR of 6.8% during the forecast period. The demand is amplified by the nation's need to enhance military capabilities through advanced robotic and autonomous systems, aiming to maintain superiority in defense operations and mitigate evolving threats effectively.
• The Canada Explosive Ordnance Disposal market had a market share of USD 266.9 million in 2024 and is projected to grow at a CAGR of 7.8% during the forecast period. Canada's efforts to bolster national security infrastructure and respond to domestic and international security challenges to Increased Usage of Explosive Ordnance Disposal.
• The Mexico Explosive Ordnance Disposal market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 202.4 million in 2024.

Europe Explosive Ordnance Disposal

According to Cognitive Market Research, the global Explosive Ordnance Disposal market size was estimated at USD 5561.5 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 1668.4 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031.

• The United Kingdom Explosive Ordnance Disposal market had a market share of USD 280.3 million in 2024 and is projected to grow at a CAGR of 8.1% during the forecast period. In the UK, Explosive Ordnance Disposal sales witness an upswing due to the nation's need to counter domestic terrorism threats and enhance national security measures.
• The France Explosive Ordnance Disposal market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 153.5 million in 2024.
• According to Cognitive Market Research, the German Explosive Ordnance Disposal market size was valued at USD 330.3 million in 2024 and is projected to grow at a CAGR of 7.5% during the forecast period. In Germany, Explosive Ordnance Disposal sales surged due to efforts to modernize defense capabilities, respond to regional security challenges, and ensure effective crisis management through investments in state-of-the-art EOD equipment and expertise.
• The Italy Explosive Ordnance Disposal market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 143.4 million in 2024.
• The Russia Explosive Ordnance Disposal market is projected to witness growth at a CAGR of 6.3% during the forecast period, with a market size of USD 258.6 million in 2024.
• The Spain Explosive Ordnance Disposal market is projected to witness growth at a CAGR of 6.4% during the forecast period with a market size of USD 136.8 million in 2024
• The Luxembourg Explosive Ordnance Disposal market is projected to witness growth at a CAGR of 7.4% during the forecast period, with a market size of USD 51.7 million in 2024.
• The Portugal Explosive Ordnance Disposal market is projected to witness growth at a CAGR of 7.1% during the forecast period, with a market size of USD 35.0 million in 2024.
• The Greece Explosive Ordnance Disposal market is projected to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD 20.0 million in 2024.
• Rest of Europe's Explosive Ordnance Disposal market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD 258.6 million in 2024.

Asia Pacific Explosive Ordnance Disposal

According to Cognitive Market Research, the global Explosive Ordnance Disposal market size was estimated at USD 5561.5 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1279.1 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.8% from 2024 to 2031.

• According to Cognitive Market Research, the China Explosive Ordnance Disposal market size was valued at USD 575.6 million in 2024 and is projected to grow at a CAGR of 10.3% during the forecast period. Explosive Ordnance Disposal sales surged in China due to the increasing security concerns related to domestic terrorism, regional instability, and the protection of critical infrastructure.
• The Japan Explosive Ordnance Disposal market is projected to witness growth at a CAGR of 9.3% during the forecast period, with a market size of USD 176.5 million in 2024.
• The India Explosive Ordnance Disposal market had a market share of USD 153.5 million in 2024 and is projected to grow at a CAGR of 12.6% during the forecast period. India's efforts to modernize defense forces, enhance counterterrorism capabilities, and secure borders against various threats, contributed to the dominance of the Explosive Ordnance Disposal Market.
• The South Korea Explosive Ordnance Disposal market is projected to witness growth at a CAGR of 9.9% during the forecast period, with a market size of USD 127.9 million in 2024.
• The Australia Explosive Ordnance Disposal market is projected to witness growth at a CAGR of 10.5% during the forecast period, with a market size of USD 66.5 million in 2024.
• The South East Asia Explosive Ordnance Disposal market is projected to witness growth at a CAGR of 11.8% during the forecast period, with a market size of USD 88.2 million in 2024.
• The Rest of Asia Pacific Explosive Ordnance Disposal market is projected to witness growth at a CAGR of 10.6% during the forecast period, with a market size of USD 90.8 million in 2024.

South America Explosive Ordnance Disposal

According to Cognitive Market Research, the global Explosive Ordnance Disposal market size was estimated at USD 5561.5 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 278.0 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Explosive Ordnance Disposal market size was valued at USD 119.0 million in 2024 and is projected to grow at a CAGR of 8.8% during the forecast period. Explosive Ordnance Disposal sales flourish in Brazil due to the significant crime rates, including violent crimes and homicides.
• Argentina's Explosive Ordnance Disposal market had a market share of USD 46.7 million in 2024 and is projected to grow at a CAGR of 9.1% during the forecast period. Argentina's security concerns related to terrorism, organized crime, and potential threats to public safety, driving the market.
• Colombia's Explosive Ordnance Disposal market is projected to witness growth at a CAGR of 8.0% during the forecast period with a market size of USD 24.7 million in 2024.
• Peru Explosive Ordnance Disposal market is projected to witness growth at a CAGR of 8.4% during the forecast period with a market size of USD 22.8 million in 2024.
• Chile's Explosive Ordnance Disposal market is projected to witness growth at a CAGR of 8.5% during the forecast period with a market size of USD 20.0 million in 2024.
• The Rest of Latin America Explosive Ordnance Disposal market is projected to witness growth at a CAGR of 7.3% during the forecast period, with a market size of USD 44.7 million in 2024.

Middle East and Africa Explosive Ordnance Disposal

According to Cognitive Market Research, the global Explosive Ordnance Disposal market size was estimated at USD 5561.5 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 111.2 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031.

• The GCC Countries Explosive Ordnance Disposal market is projected to witness growth at a CAGR of 9.3% during the forecast period with a market size of USD 47.6 million in 2024. Explosive Ordnance Disposal sales flourish due to the significant investments in defense and security infrastructure, heightened by regional geopolitical tensions, the presence of terrorist threats, and the need to protect critical infrastructure.
• The Egypt Explosive Ordnance Disposal market is projected to witness growth at a CAGR of 8.8% during the forecast period, with a market size of USD 11.6 million in 2024.
• The South Africa Explosive Ordnance Disposal market is projected to witness growth at a CAGR of 9.5% during the forecast period, with a market size of USD 17.5 million in 2024. Explosive Ordnance Disposal sales flourish in South Africa due to the high levels of crime involving explosives, particularly in addressing challenges related to organized crime, illegal mining activities, and ensuring public safety amidst security concerns.
• The Turkey Explosive Ordnance Disposal market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD 9.5 million in 2024.
• The Nigeria Explosive Ordnance Disposal market is projected to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD 11.6 million in 2024.
• The Rest of the MEA Explosive Ordnance Disposal market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 13.1 million in 2024.

Explosive Ordnance Disposal Market Analysis

Explosive Ordnance Disposal Market Equipment Type Segment Analysis

According to Cognitive Market Research, Explosive Detectors stand out as the dominating Equipment Type. The persistent threat of terrorism and insurgency worldwide necessitates robust detection capabilities to identify and neutralize explosive devices effectively. Explosive detectors play a crucial role in preemptive and reactive measures to counter these threats, enhancing security in various sectors including defense, transportation, and critical infrastructure.

Portable X-ray Systems emerge as the fastest-growing Equipment Type in the Explosive Ordnance Disposal market. Unlike physical dismantling or manual inspection, Portable X-ray Systems enable non-intrusive inspection of suspicious objects, packages, and containers. This capability is crucial in environments where safety and preservation of evidence are paramount, such as airports, border crossings, and crime scenes.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Explosive Ordnance Disposal Industry. Request a Free Sample PDF!

Explosive Ordnance Disposal Market End User Segment Analysis

According to Cognitive Market Research, the dominating End User is Defense. Defense forces globally face a growing spectrum of threats, including terrorism, insurgency, and asymmetric warfare tactics. These threats often involve improvised explosive devices (IEDs), landmines, unexploded ordnance (UXO), and other explosives that pose significant risks to military personnel, equipment, and civilian populations. Maintaining high levels of operational readiness is critical for defense forces to effectively respond to diverse threats in various operational environments, such as combat zones, peacekeeping missions, and humanitarian operations. EOD capabilities ensure troop safety, mission continuity, and operational success by neutralizing explosive threats swiftly and efficiently.

The fastest-growing End User in the Explosive Ordnance Disposal market is Law Enforcement. Law enforcement agencies face increasing threats from terrorism, extremism, and organized crime syndicates that utilize improvised explosive devices (IEDs) and other explosives. Effective EOD capabilities are essential for mitigating these threats and ensuring public safety. Rapid and effective response to bomb threats, suspicious packages, and explosive devices in public spaces, transportation hubs, government buildings, and critical infrastructure is crucial. Law enforcement EOD units play a pivotal role in neutralizing threats, minimizing disruption, and safeguarding civilians.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Anjali Lawand

Research Associate at Cognitive Market Research

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Anjali Lawand is an accomplished market researcher with a distinct focus on the intricate sector of the Aerospace and Defense. Driven by an unshakable analytical prowess and an insatiable appetite for technological progress, she has committed more than ten years to immersing herself in the ever-evolving panorama that molds the trajectory of aviation, space exploration, and the critical sphere of national security.

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