The Global Explosive Detection Technologies Market size was valued at $6.12 Billion in 2019 and is to reach $14.61 Billion by 2030, growing at a CAGR of 9.2% from 2020 to 2030.
Explosive detection technology refers to systems or equipment used to identify explosives destructively. Explosive detection is commonly used in ports, airports, and border control. There are two types of explosive detection equipment: trace detection and bulk detection. Various technologies are used, including explosive X-rays, infrared, biosensors, and optical and non-optical. Several types of instruments are used to detect traces of explosive substances, with ion mobility spectroscopy (IMS) being the most commonly used technique., especially at US airports. Gas chromatography (GC) is also used for the detection to separate molecules before detection.
Market Dynamics:
Drivers:
The increasing incidence of terrorist attacks has forced security forces and other agencies to implement various security measures to counteract them. A terrorist attack at Brussels Airport in March 2016 and a suicide bombing at Istanbul Atatürk Airport in June 2016. Various government agencies worldwide are focusing on improving existing security facilities at airports. These factors are expected to drive the growth of the global explosive detection technology market over the forecast period. Moreover, rising passenger numbers at international airports are expected to propel explosive detection technologies market growth in the near future.
Restraints:
In border security, various border checks are performed on vehicles, baggage, passengers, and containers. This detection is done using mass detection or trace detection techniques. For chemical trace detection, ion mobility spectroscopy techniques are utilized. Small amounts of explosive residue left on hands, laptops, and other items are detected with cotton swabs. In this test, the sample is vaporized and chemical ions are separated. An alarm is triggered when a sample is detected.
However, this process is labor-intensive and slow for large volumes. Additionally, since explosive trace detection is often used in crowded places, detection must be fast enough to cover many screenings quickly. These factors are expected to hamper the explosive detection technologies market growth in the near future.
Key players:
-
Analogic Corporation,
-
Chemring Group Plc,
-
Cobham Plc,
-
Flir Systems, Inc,
-
Westminster International Ltd.,
-
L-3 Technologies, Inc,
-
Osi Systems,
-
Smiths Group Plc,
-
Nuctech Co. Ltd.,
-
Novo Dr Ltd.
Market Segmentation:
Explosive Detection Technologies Market, By Product Type,
-
Vehicle Mounted
-
Handheld
-
Robotics
-
Others
Explosive Detection Technologies Market, By Technology,
-
Trace
-
Bulk
Explosive Detection Technologies Market, By End User,
-
Military and Defense
-
Cargo and Transport
-
Aviation
-
Public Place
-
Others
Explosive Detection Technologies Market, By Region
-
North America
-
U.S.
-
Canada
-
-
Europe
-
U.K.
-
Germany
-
France
-
-
Asia-Pacific
-
China
-
India
-
Japan
-
South Korea
-
Malaysia
-
Philippines
-
-
Latin America
-
Brazil
-
Rest of Latin America
-
-
Middle East & Africa (MEA)
-
GCC
-
North Africa
-
South Africa
-
Regional Analysis:
Among the regional markets, North America holds a major share of the explosive detection equipment market in terms of revenue. This is due to the presence of major companies, technological advances, and increased investment in research and development activities to develop innovative products.
The Asia Pacific explosives detection equipment market is expected to grow fastest at a CAGR during the forecast period. The rise in terrorist activities, demand for advanced surveillance equipment, and defense budgets in emerging economies such as India and China are key factors expected to drive market growth in this region.
Scope of the Report:
Report Metric |
Details |
Market Size Available for Years |
2020–2030 |
Base Year Considered |
2020 |
Forecast Period |
2021–2030 |
Forecast Unit |
Value (USD) |
Segments Covered |
Offering, Technology, Application, End-User, and Region |
Regions Covered |
North America, Europe, Asia-Pacific, and LAMEA |
Companies Covered |
Analogic Corporation, Chemring Group Plc, Cobham Plc, Flir Systems, Inc, Westminster International Ltd., L-3 Technologies, Inc, Osi Systems, Smiths Group Plc, Nuctech Co. Ltd., Novo Dr. Ltd. |
User
Tab Content
Introduction
Our market research is an extensive, iterative process that takes into account a combination of primary and secondary research tools with the aim of minimizing deviation and producing the most precise estimate and prediction. For the future course of action, this approach meticulously outlines the actual changes and industry trends. It gives incredibly valuable data that is drawn from the insights and opinions of analysts and professionals. Our papers include in-depth research and analysis based on several factual inputs obtained from expert interviews, accurate data, and local information.
Market Size Estimation
The overall size of the market has been estimated and validated using both top-down and bottom-up methods. The sizes of other market subsegments have also been thoroughly estimated using these methodologies.
In the top-down technique, the market is divided into segments based on the percentage share of each segment. This method assisted in determining the size of each segment's market. The market size of each segment and its sub-segments was then divided into regional market sizes. This Approach helps mainly with the new Product Launch. It uses Multi-variate Regression Model coupled with Vendor based primary research inputs to forecast to the Market Size.
In the Bottom-Up approach, comprehensive study of key players has to be done wherein we add the market size of the major key players to understand the national market size which helps to determine the regional market size and eventually the complete market size. Companies annual report along with data from paid and unpaid resources like reports from government agencies and organizations like world bank provide the data for this approach.
Avail 25% Discount
Report Benefits
-
Free Customization Available
-
30% discount on your next purchase
-
Dedicated account manager
-
Query resolution within 24 hours
-
Permission to print the report