TechnoMark News

  The global market for explosive ordnance disposal equipment is predicted to witness a positive growth over the coming years. According to a report by Transparency Market Research (TMR), major industry players are indulging in strategic partnerships or mergers and acquisitions to upgrade their product offering and expand their sales. On account of the stronghold of established players such as iRobot Corporation, Scanna Msc Ltd., Safariland, LLC and Northrop Grumman Corporation, the competitive environment in the market is not exactly congenial for aspiring and new companies. North America is predicted to lead the market with over 42% of the total share in revenue, due to region’s continuous preference given to law enforcement and defense activities. TMR predicts that  global explosive ordnance disposal (EOD) equipment market  will achieve avaluation of US$8 bn between 2015 and 2023, the forecast duration. The market, which stood a US$5.74 bn in 2015, is th...

  The global market for explosive ordnance disposal equipment is predicted to witness a positive growth over the coming years. According to a report by Transparency Market Research (TMR), major industry players are indulging in strategic partnerships or mergers and acquisitions to upgrade their product offering and expand their sales. On account of the stronghold of established players such as iRobot Corporation, Scanna Msc Ltd., Safariland, LLC and Northrop Grumman Corporation, the competitive environment in the market is not exactly congenial for aspiring and new companies. North America is predicted to lead the market with over 42% of the total share in revenue, due to region’s continuous preference given to law enforcement and defense activities. TMR predicts that  global explosive ordnance disposal (EOD) equipment market  will achieve avaluation of US$8 bn between 2015 and 2023, the forecast duration.  The market, which stood a US$5.74 bn in 2015, is t...

The global market for explosive ordnance disposal equipment is predicted to witness a positive growth over the coming years. According to a report by Transparency Market Research (TMR), major industry players are indulging in strategic partnerships or mergers and acquisitions to upgrade their product offering and expand their sales. On account of the stronghold of established players such as iRobot Corporation, Scanna Msc Ltd., Safariland, LLC and Northrop Grumman Corporation, the competitive environment in the market is not exactly congenial for aspiring and new companies. North America is predicted to lead the market with over 42% of the total share in revenue, due to region’s continuous preference given to law enforcement and defense activities. TMR predicts that  global explosive ordnance disposal (EOD) equipment market  will achieve avaluation of US$8 bn between 2015 and 2023, the forecast duration.  The market, which stood a US$5.74 bn in 2015, is thus expected to e...