Frost and Sullivan offers report on WMD detection market
Business is booming, particularly in the federal sector; some end users, however, are shying away from the sometimes unreliable technology; research firm suggests industry needs better PR
Frost and Sullivan have another report ready for the data hungry and financially well-endowed. Not all of our readers, however, fit the latter half of that description, and so we are pleased to present them with a brief overview of the company’s €5,753 report, “U.S. Chemical Biological and Nuclear (CBN) Detection Markets.” The CBN detection market, readers already know, is booming, with the largest single spender being the U.S. government, with both DHS and DoD installing such systems in all of their critical facilities. “Large government contracts for procuring advanced and efficient detection mechanisms to be installed in buildings have helped both large and small manufacturers in the market to increase their revenues.”
Nevertheless, Frost and Sullivan also reported that the high costs of training and maintence, as well as the high rate of false alarms, is prompting end users to shy away from investing in CBN technology. “Continuous innovation to develop more advanced and sensitive detection techniques and greater public awareness about the importance of installing detection products will further boost the market,” the report explains.
-read more at the Frost and Sullivan Web site
