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With a projected CAGR of 11.2% from 2024–2031, the worldwide explosive detector market is expected to expand from an initial valuation of $6.99 billion in 2023 to $12.10 billion in 2031.
One non-destructive inspection tool that can be used to find explosives and other combustible materials is an explosive detector. These gadgets find widespread application in public places including airports, seaports, national borders, and government buildings. Preventing terrorism and organized crime requires the important role of explosives detection at seaports, land borders, and airports.
A state-of-the-art non-destructive inspection method for identifying potentially explosive materials is explosive detection. Bulk detection and trace detection are two categories of explosive detection methods. The detection of explosives in bulk is accomplished using systems that rely on X-rays. Chemically detecting explosives through the collection and analysis of minute quantities of explosive particles is known as trace detection. Both international and domestic airport security checkpoints make use of explosive detectors.
According to industry forecasts, the rising demand for automated security systems will propel the market forward. Its primary function is to identify potential explosives in minute items. Also expected to increase the industry is the global uptick in terrorism attacks. The market is poised for future potential due to the development of more efficient and affordable explosive detectors. The market expansion, however, is being hindered by rising cyber risks and falling government investment on explosive detectors.
Government regulation for greater and effective security checking, particularly at critical establishments like airports and railway stations, and the rise in terrorist activities across the globe are the key factors driving the explosive detector market. When it comes to public safety, however, homemade explosives and the possibility of device failure are obstacles to commercial growth. In contrast, the explosive detector market is anticipated to see promising growth opportunities due to stringent government laws pertaining to safety measures in sensitive areas.
Terrorist attacks throughout the world have made it lawful to search anybody attending a public event, such as an awards ceremony or a meeting with prominent figures. We do this to lessen the risk of assaults, assuming any exist. Screening objects in public places and gatherings has become necessary due to the increasing number of terrorist attacks, making it crucial to protect these key locations. In addition, explosive detectors are commonly utilized and recognized nowadays due to the persistent threat of terrorism.
The worldwide trend toward government regulations requiring the installation of explosive detectors in certain critical infrastructure, such as airports and railway stations, is likely to drive demand for these devices and, by extension, the explosive detector market. This trend is evident in both developing and developed nations. The primary reason the market will flourish even more is the rapid expansion of infrastructure in developing countries.
Russia, China, India, Saudi Arabia, and Oman are among the countries whose defense budgets have seen significant increases in recent years. The market trend for explosive detectors used in various aerospace and aviation products is on the rise. As the air cargo industry expands, the importance of air transportation is expected to soar. The aircraft industry must invest heavily in research and development if it wants to remain competitive on a global scale. There is an explosion in the volume of intelligence data from many bands and media in the aerospace and defense sector, necessitating rapid analysis through signal processing. The explosive detector market is anticipated to experience a boost due to the rising deployment of explosive detectors in aerospace radar signal applications that are capable of higher-speed and higher-frequency measurements.
Report Coverage
Global Explosive Detector research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Explosive Detector report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Explosive Detector competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Explosive Detector market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Explosive Detector market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Explosive Detector market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
NOVO DR LTD., L-3 TECHNOLOGIES, INC, FLIR SYSTEMS, INC, OSI SYSTEMS, NUCTECH CO. LTD., COBHAM PLC, WESTMINSTER INTERNATIONAL LTD., Chemring Group PLC, Analogic Corporation, SMITHS GROUP PLC
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Explosive Detector market based on the below-mentioned segments:
Global Explosive Detector Market, By Product Type
Vehicle Mounted
Handheld
Robotics
others
Global Explosive Detector market, By Technology
Trace
Bulk
Global Explosive Detector Market, By End User
Military and Defense
Cargo and Transport
Aviation
Public Place
Others
Global Explosive Detector market, Regional Analysis
One non-destructive inspection tool that can be used to find explosives and other combustible materials is an explosive detector. These gadgets find widespread application in public places including airports, seaports, national borders, and government buildings. Preventing terrorism and organized crime requires the important role of explosives detection at seaports, land borders, and airports.
A state-of-the-art non-destructive inspection method for identifying potentially explosive materials is explosive detection. Bulk detection and trace detection are two categories of explosive detection methods. The detection of explosives in bulk is accomplished using systems that rely on X-rays. Chemically detecting explosives through the collection and analysis of minute quantities of explosive particles is known as trace detection. Both international and domestic airport security checkpoints make use of explosive detectors.
According to industry forecasts, the rising demand for automated security systems will propel the market forward. Its primary function is to identify potential explosives in minute items. Also expected to increase the industry is the global uptick in terrorism attacks. The market is poised for future potential due to the development of more efficient and affordable explosive detectors. The market expansion, however, is being hindered by rising cyber risks and falling government investment on explosive detectors.
Government regulation for greater and effective security checking, particularly at critical establishments like airports and railway stations, and the rise in terrorist activities across the globe are the key factors driving the explosive detector market. When it comes to public safety, however, homemade explosives and the possibility of device failure are obstacles to commercial growth. In contrast, the explosive detector market is anticipated to see promising growth opportunities due to stringent government laws pertaining to safety measures in sensitive areas.
Terrorist attacks throughout the world have made it lawful to search anybody attending a public event, such as an awards ceremony or a meeting with prominent figures. We do this to lessen the risk of assaults, assuming any exist. Screening objects in public places and gatherings has become necessary due to the increasing number of terrorist attacks, making it crucial to protect these key locations. In addition, explosive detectors are commonly utilized and recognized nowadays due to the persistent threat of terrorism.
The worldwide trend toward government regulations requiring the installation of explosive detectors in certain critical infrastructure, such as airports and railway stations, is likely to drive demand for these devices and, by extension, the explosive detector market. This trend is evident in both developing and developed nations. The primary reason the market will flourish even more is the rapid expansion of infrastructure in developing countries.
Russia, China, India, Saudi Arabia, and Oman are among the countries whose defense budgets have seen significant increases in recent years. The market trend for explosive detectors used in various aerospace and aviation products is on the rise. As the air cargo industry expands, the importance of air transportation is expected to soar. The aircraft industry must invest heavily in research and development if it wants to remain competitive on a global scale. There is an explosion in the volume of intelligence data from many bands and media in the aerospace and defense sector, necessitating rapid analysis through signal processing. The explosive detector market is anticipated to experience a boost due to the rising deployment of explosive detectors in aerospace radar signal applications that are capable of higher-speed and higher-frequency measurements.
Report Coverage
Global Explosive Detector research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Explosive Detector report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Explosive Detector competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Explosive Detector market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2023 |
| Forecast Period | 2023-2031 |
| Historical Period | 2017-2022 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | NOVO DR LTD., L-3 TECHNOLOGIES, INC, FLIR SYSTEMS, INC, OSI SYSTEMS, NUCTECH CO. LTD., COBHAM PLC, WESTMINSTER INTERNATIONAL LTD., Chemring Group PLC, Analogic Corporation, SMITHS GROUP PLC |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Explosive Detector Market from 2022 to 2031.
- Market Forecast for Explosive Detector Market from 2022 to 2031.
- Regional Market Share and Revenue from 2022 to 2031.
- Country Market share within region from 2022 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Explosive Detector competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Explosive Detector
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Explosive Detector market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Explosive Detector market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
NOVO DR LTD., L-3 TECHNOLOGIES, INC, FLIR SYSTEMS, INC, OSI SYSTEMS, NUCTECH CO. LTD., COBHAM PLC, WESTMINSTER INTERNATIONAL LTD., Chemring Group PLC, Analogic Corporation, SMITHS GROUP PLC
Primary Target Market
- Market Players of Explosive Detector
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Explosive Detector market based on the below-mentioned segments:
Global Explosive Detector Market, By Product Type
Vehicle Mounted
Handheld
Robotics
others
Global Explosive Detector market, By Technology
Trace
Bulk
Global Explosive Detector Market, By End User
Military and Defense
Cargo and Transport
Aviation
Public Place
Others
Global Explosive Detector market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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