Explosive Detectors Market Size, Share & Industry Analysis, By Technology (Trace Detector, Bulk Detector), By Product Type (Vehicle Mounted, Handheld, Robotics, Others), By End User (Military & Defence, Cargo & Transport, Aviation, Public Places, Others) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI102597 | Status : Ongoing

KEY MARKET INSIGHTS

The global explosive detectors market is undergoing notable growth, with a substantial CAGR expected during the forecast period leading up to 2032. Explosive detection is a technologically advanced non-destructive inspection process to determine explosive material. Explosive detection techniques can be classified as bulk detection and trace detection. In bulk detection X-ray-based technologies are used to detect explosive material. Trace detection involves the chemical detection of explosives by collecting and analysing small amounts of explosive particles. Explosive detectors are used in the security check-in department of international as well as a domestic airport.

The factor expected to drive the market is the increasing usage of automatic security equipment. It is used to detect the explosives of small objects. Moreover, the rise in terrorist activities across the globe anticipated to boost the market. The innovation of more reliable and cost-effective explosive detectors are the upcoming opportunities for the market. However, increasing cyber threats and decreasing government spending on explosive detectors are affecting the explosive detectors industry growth.

Key Market Driver -

Rise in Terrorist Activities across the Globe

Key Market Restraint -

Increasing Cyber Threats and Decreasing Government Spending on Explosive Detectors

Explosive Detectors Market Segmentation:

By technology, the explosive detectors market is segmented into the trace detector and bulk detector. Based on product type, the market is segmented into vehicle-mounted, handheld, robotics, and others. Based on end user, the market is categorized into military & defence, cargo & transport, aviation, public places, and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players Covered:

American Science & Engineering, Inc

Analogic Corporation

Chemring Group PLC

Flir Systems, Inc

Implant Sciences Corporation (ISC)

L-3 Communications Holdings, Inc

Leidos Holdings, Inc

Nuctech Co. Ltd

OSI Systems, Inc

Safran SA

Smiths group Plc

others

Key Insights

Explosive detection techniques

Increasing cyber threats

Regional Analysis:

The global explosive detectors market has been segmented into North America, Europe, Asia Pacific, and Rest of the World. North America is expected to be the largest market for explosive detectors during the forecast period.

Asia-Pacific witnesses to be the fastest-growing region during the forecast period. Increasing government initiatives led to the potential growth of explosive detectors in China. In China, increasing focus on airport security is anticipated to boost the market. Europe registers a remarkable market share during the forecast period due to the rise in terrorist activities in France. In the Middle East & Africa, increasing infrastructural development of the international airport in South America and the Middle East & Africa is propelling the market.

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Market Segmentation:

ATTRIBUTE	DETAILS
By Technology	Trace Detector Bulk Detector
By Product Type	Vehicle Mounted Handheld Robotics Others
By End User	Military & Defence Cargo & Transport Aviation Public Places Others
By Geography	North America (The U.S., Canada) Europe (The UK, Germany, France, Russia, and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, and Rest of Asia Pacific) Rest of the World (South America, and the Middle East & Africa)

Explosive Detectors Market Industry Developments

In September 2019, UK-based Smiths Detection and the US Transportation Security Administration has secured a contract with a valuation of USD 96.8 million to supply checkpoint CT systems. In this contract technologically advanced X-ray programme is used to identify the explosive components.

In April 2019, German based Smiths Detection’s distributor Dainippon has secured a contract with Ezeiza International Airport (Argentina) to deliver a high-speed explosives detection system.

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PUBLISHING STATUS: Ongoing
BASE YEAR: 2023
HISTORICAL DATA: 2019-2022

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