Explosive Trace Detection Market: Global Industrial Analysis, Size, Share, Growth, Trends, and Forecast, 2018 - 2024

Report Code: ZMR-2973 | Report Format : | Status : Upcoming |

Abstract

Explosive Trace Detection Market: Overview

Explosive trace detectors are the equipment’s used to identify explosives. It is used in airports, borders, shopping malls, multiplexes, heritage sites and at other vulnerable sites. It is light weighted, portable and small in size in order to reach the small-scale areas. Highest sensitivity explosive detectors are best as they can detect the lowest amount of explosives. Moreover, the time taken by explosive detectors to obtain its maximum potential of tracing explosives must be less.

Explosive Trace Detection Market: Growth factors

The increasing risk of terrorism across the globe is one of the major factors for increasing demand for explosive detectors at airports, embassies, and others. Explosive Detectors are most prominently used to prevent any terrorist activities. Moreover, the opening of new shopping malls, multiplexes and increasing number of public events are other reasons, boosting the demand for explosive detectors for safety purposes. Furthermore, in many places government has made use of explosive detectors mandatory and is investing a large amount of money in ETDs. Also, the long-term contracts between the government and key market players play a vital role in accelerating the market growth. In addition, there are many heritage sites that are protected by using explosive trace detectors. However, explosive trace detection is a labor-intensive process and requires fast screening which could be a major restraint for the market.

Explosive Trace Detection Market: Segmentation

Explosive Trace Detectors (ETDs) is segmented on the basis of product, techniques, and application. The product type consists of vehicle-mounted, handheld and other detectors. Handheld detectors have highest growth rate due to its portability feature. Some of the techniques used in the process of explosive trace detection include colorimetric, ion mobility spectrometry, thermo redox, chemiluminescence, amplifying fluorescent polymer, and mass spectrometry. Further, the application segment is categorized into army and defense, public safety, commercial, law enforcement, among others.

Explosive Trace Detection Market: Regional analysis

NorthAmerica is having the largest market share of explosive trace detectors due to a large number of explosive detectors manufacturers and suppliers. It is expected that North America will continue to hold the largest market share of explosive trace detectors in near future.

Due to recent terrorist activities, Europe is anticipated to have potential growth opportunities. Law Enforcement, demand for safety at public places, the opening of new public avenues in Asia-Pacific region has to lead to higher potential growth for explosive detectors.

Explosive Trace Detection Market: Competitive Players

 Some of the leading key players in explosive trace detection market are Nuctech, Smiths Detection, OSI Systems, Morpho Detection, L-3 Communication, Autoclear, Chemring Group PLC, American Science and Engineering, FLIR Systems, Leidos Holdings, Analogic Corporation, Safron SA, Kromek Group PLC, Elbit Systems Ltd.

Explosive Trace Detection Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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