Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 6.58 Billion | USD 11.94 Billion | 6.14% | 2024 |
The global mass threat detection system market size was worth around USD 6.58 Billion in 2024 and is predicted to grow to around USD 11.94 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 6.14% between 2025 and 2034. The report analyzes the global mass threat detection system market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the mass threat detection system industry.
Mass threat detection systems are products that find a spectrum of applications in subway stations and mass banquets. They are used for identifying individuals who carry prohibited and suspicious goods. Mass threat detection systems have proved to be a remarkable tool for a slew of businesses, firms, and public spaces that include schools, arenas, office buildings, and concert venues. These products play a key role in preventing mass shootings, burglary, trespassing, and theft activities and this has enhanced their use across various end-use sectors across the globe.
Rise in the terrorism across the globe will spur the growth of the market globally
Rising security threats and terrorist activities globally have led to a massive need for surveillance activities and this will prompt the growth of the mass threat detection system market globally. Strict government laws regulating the use of security equipment will prompt global market expansion. Apart from this, large-scale use of mass threat detection systems in military & defense, industrial, public utilities, industrial, commercial, and residential sectors will embellish the market trends globally. Furthermore, a surge in the use of these systems at railway stations, supermarkets, retail shops, malls, cinema theatres, and sports stadiums will further augment the business space. Geopolitical instabilities and territorial conflicts have enhanced product demand across the globe. The need for surveillance at public events will further enlarge the scope of the global market. Mass threat detection systems are regularly used for detecting the location of explosives, narcotics, sources of radiation & UV rays, and radars. Apart from this, new product launches have contributed profitably towards the global market earnings. For instance, in February 2022, Evolv Technology, a key manufacturer of AI-based weapon detection security screening systems, introduced a video & mass notification integrated security screening tool.
Growing issues about data breaches & violations can curtail the global industry expansion
Concerns about data intrusion and violation of data privacy can put the brakes on the expansion of the mass threat detection system industry across the globe. Additionally, high costs and budget constraints can further retard the growth of the global industry.
A rise in the demand for robotics in the service sector can generate new growth prospects for the market globally
A surge in the use of robotics in the service sector, along with a need for refurbishing the aging infrastructure, will open new growth avenues for the mass threat detection system market across the globe. The large-scale popularity of biometric systems in offices and commercial setups will further promote the global market demand.
The surge in the interoperability requirements for firms can challenge the global industry surge over 2023-2030
The rise in the need for interoperability and technological restrictions related to the use of the product has posed a big challenge for the global mass threat detection system industry. The growing complexity of the system can further deter the penetration of the product across various end-use sectors.
The global mass threat detection system market is segmented based on technology, detection type, application, end-user, and region.
Based on technology, the global mass threat detection system market is divided into X-ray, infrared, radar, electromagnetic, and ultrasound.
On the basis of detection type, the global mass threat detection system market is segregated into explosive detection, intrusion detection, chemical & biological detection, radiation detection, and narcotics detection. Furthermore, the chemical & biological detection segment, which garnered nearly half of the global market share in 2024, is projected to record the highest CAGR in the upcoming years. The growth of the segment in the forthcoming years can be due to surging security issues related to chemical & biological attacks such as attacks from terrorists making use of bio-chemical weapons of mass destruction.
By application, the global mass threat detection system market is split into airport security, public transportation, stadiums & events, government buildings, and border control.
Based on end-user, the global mass threat detection system industry is bifurcated into military & defense, homeland security, law enforcement, and critical infrastructure. Moreover, the military & defense segment, which accounted lucratively towards the global industry share in 2024, is set to retain its dominant position in the global industry in the years ahead. The segmental expansion over the projected timeline can be subject to a rise in the use of mass threat detection instruments in gathering confidential information for surveillance.
Report Attributes | Report Details |
---|---|
Report Name | Mass Threat Detection System Market |
Market Size in 2024 | USD 6.58 Billion |
Market Forecast in 2034 | USD 11.94 Billion |
Growth Rate | CAGR of 6.14% |
Number of Pages | 226 |
Key Companies Covered | Parsons Corporation, Honeywell Systems, Smith Group Plc, Rapiscan Systems, Siemens AG, Thales S.A., FLIR Systems Inc., OSI Systems Inc., Safran SA, Ameristar Perimeter Security, Aventura Technologies, Axis Communications AB, Avigilon, Lockheed Martin Corporation, Raytheon Company, Northrop Grumman Corporation, Anixter International, Chemring Group PLC, Cobham Plc, and others., and others. |
Segments Covered | By Technology, By Detection Type, By Application, By End-user, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2020 to 2023 |
Forecast Year | 2025 - 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America is likely to retain its global market dominance during the forecast period
North America, which accounted for half of the global mass threat detection system market revenue in 2024, will be the leading region during the assessment timeframe. Moreover, the growth of the regional market over the assessment period can be subject to the presence of key suppliers & manufacturers of border security and mass threat detection systems in the U.S. Apart from this, new launches will further accentuate the growth of the market in the region. For instance, in June 2023, Evolv Technology released Evolv Express® 6.0, an upgraded version of an AI-based weapon detection system for schools, clinics, stadiums, hospitals, and warehouses. For the record, in March 2022, Evolv Express was the only advanced system to be awarded the U.S. DHS SAFETY Act Designation as a QATT in the U.S. Such strategic moves will help the market in the region chart a profitable growth trajectory on the map of mass threat detection system business.
The Asia-Pacific mass threat detection system industry is set to register the highest CAGR in the next couple of years due to high-security concerns in the various countries of the Asia-Pacific zone. Apart from this, supportive government legislation, rising industrialization, and the need to protect key assets of organizations will proliferate the regional industry expansion. The need for workplace safety and reducing potential risks in manufacturing units will prop up the industry landscape in the Asia-Pacific region.
The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the mass threat detection system market on a global and regional basis.
The global mass threat detection system market is dominated by players like:
The global mass threat detection system market is segmented as follows;
By Technology
By Detection Type
By Application
By End-user
By Region
FrequentlyAsked Questions
Mass threat detection systems are products that find a spectrum of applications in subway stations and mass banquets.
The global mass threat detection system market growth is owing to strict government laws regulating the use of security equipment.
According to a study, the global mass threat detection system market size was worth around USD 6.58 Billion in 2024 and is expected to reach USD 11.94 Billion by 2034.
The global mass threat detection system market is expected to grow at a CAGR of 6.14% during the forecast period.
North America is expected to dominate the mass threat detection system market over the forecast period.
Leading players in the global mass threat detection system market include Parsons Corporation, Honeywell Systems, Smith Group Plc, Rapiscan Systems, Siemens AG, Thales S.A., FLIR Systems Inc., OSI Systems Inc., Safran SA, Ameristar Perimeter Security, Aventura Technologies, Axis Communications AB, Avigilon, Lockheed Martin Corporation, Raytheon Company, Northrop Grumman Corporation, Anixter International, Chemring Group PLC, Cobham Plc, among others.
The report explores crucial aspects of the mass threat detection system market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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