Market Share of Explosive Ordnance Disposal Industry
The explosive ordnance disposal market is moderately consolidated in nature, with a few local and global players holding significant shares. L3Harris Technologies Inc., Teledyne FLIR LLC, Cobham Limited, Northrop Grumman Corporation, and Med-Eng Holdings ULC (Cadre Holdings, Inc.) are some of the prominent players in the market.
Players focus on incorporating advanced materials and sensor technologies into developing EOD systems to make them more efficient than their competitors’ counterparts, which will help them gain new contracts in the coming years. Several players are focusing on developing EOD robots, which are expected to become the backbone of EOD operations in the coming years. Strategic partnerships and collaborations between players are expected to help them develop advanced systems during the forecast period, thereby contributing to their collective growth in the market.
Explosive Ordnance Disposal Market Leaders
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L3Harris Technologies, Inc.
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Northrop Grumman Corporation
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Teledyne FLIR LLC
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Cobham Limited
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Med-Eng Holdings ULC (Cadre Holdings, Inc.)
*Disclaimer: Major Players sorted in no particular order
