Explosive Detection Equipment Market Emerging Trends and Company Profiles to Watch-Cobham, DSA Detection, FLIR Systems, Autoclear in 2017-2025
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Global Explosive Detection Equipment Market: Dynamics
Numerous government legislations aimed at improving safety and security of citizens as well as infrastructure form a key driver for the global explosive detection equipment market. The growing number of air passengers is influencing airport authorities to mandate the application of advanced security in aircraft as well as airports. The aviation sector, being one of the most vulnerable pertaining to terrorist attacks, is expected to drive the market for global explosive detection equipment at a significant pace during the forecast period. Attributing to the special physical properties of plastic explosives, they are not easily detectable by explosive detection equipment, which is a concerning challenge for manufacturers.
Robotics-based explosive detection equipment is an ongoing trend in the market. The technology is relatively more efficient and consumers less power. Mergers and acquisitions among companies, in order to enhance capabilities in explosives detection equipment and technologies, is also an ongoing trend witnessed globally.
Global Explosive Detection Equipment Market: Segmentation
The global explosive detection equipment market can be segmented by product type, technology, application and end use.
On the basis of the type of product, the global explosive detection equipment market can be segmented as:
On the basis of the type of technology, the global explosive detection equipment market can be segmented as:
Colorimetric & automated colorimetric
On the basis of the type of application, the global explosive detection equipment market can be segmented as:
On the basis of the end use, the global explosive detection equipment market can be segmented as:
Commercial spaces (malls, retail, private offices, etc.)
Government (railway stations, tourist spots, etc.)
Global Explosive Detection Equipment Market: Regional Outlook
The constantly growing threat of terrorist activities in various forms is boosting the demand for explosive detection equipment across the globe. Every nation is investing significantly in the safety and security of its citizens and infrastructure, which in turn is expected to drive the worldwide demand for explosive detection equipment. Substantial spending in European countries on security equipment in airports is expected to drive the market for explosive detection equipment over the forecast period. Ongoing disputes among Asian countries, such as India, Pakistan and China, often regarding territorial intrusions, is creating an intense situation, due to which governments have increased security measures and thereby spurred the demand for explosive detection equipment. Conflicts in geographical as well as political regions of the Middle East have led to an increase in the demand for safety equipment, such as explosive detection, which in turn is fueling the growth of the explosive detection equipment market in the region. Strict safety concerns in the North America region, especially after the 9/11 incident, have led to an increase in the demand for explosive detection equipment.
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Global Explosive Detection Equipment Market: Market Participants
Examples of some of the market participants identified across the value chain of the global explosive detection equipment market include:
American Innovations, Inc.
L3 Technologies Inc.
Chemring Group PLC
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:
Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies
The main aim of the report is to:
Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution
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