The increasing incidences of the terrorist attacks have risen the need for the security agencies and other VIP establishments-especially airports-to improve their security and safety measures.
Sarasota, FL -- (SBWIRE) -- 03/16/2017 -- Zion Market Research, the market research group announced the analysis report titled "Explosive Detectors Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024"
Explosive Detectors Market: Overview
To detect the explosives of little magnitude various technologies are used depending on the size of the object; this is done by using automatic security equipment which is known as explosive detectors. This detection of the explosives can be done using two technologies bulk detectors and trace detectors. The detection of the explosives and other harmful objects has become very crucial in the recent times owing to the rise in the terrorist attacks. Thus there has been an increase in the research and development activities in this field.
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Explosive Detectors Market: Segmentation
The global explosive detectors market is segmented into its technology, product type, vertical, and region. Based on the technology, the global market is segregated into bulk detectors and trace detectors. On the basis of the product type, the market is categorized into vehicle-mounted, robotics, handheld, and biosensors. The different verticals where the explosive detectors are used include cargo and transport, public places, military and defense, commercial, aviation, and others. Region-wise, the global market is diversified into North America, Europe, Asia-Pacific, and Rest of the World.
Explosive Detectors Market: Growth Factors
The increasing incidences of the terrorist attacks have risen the need for the security agencies and other VIP establishments-especially airports-to improve their security and safety measures. This factor is driving the explosive detectors market. Different governments across the globe are making it a point to invest in improving their security infrastructure for the safety of their citizens. Thus the demand for the explosive detectors is growing. The new product development and launch is the new trend in the explosive detectors market. The key market players that are involved in the explosive detectors manufacturing adopt the method of partnership and contract in order to supply the various explosive detection technologies to the non-government and government bodies. However, the increasing numbers of improvised explosive devices (IEDs) pose hindrance to the market growth. The robotics-based detectors hold the largest market share of the explosive detectors market owing to its greater level of control and the increased efficiency. The robotics segment is going to play a crucial role in changing the landscape of the explosive detectors market. The vertical where the explosive detectors are used on a large scale is the aviation.
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Explosive Detectors Market: Regional Analysis
The region that dominates the explosive detectors market is the North America. This growth is due to the factor that there is large number of presence of the security vendors in this region. North America is followed by Europe and Asia-Pacific. There is increasing number of opportunities in the explosive detectors market in the European region. The increasing number of the terrorist attacks have attributed to the market growth in the Asia-Pacific region.
Explosive Detectors Market: Competitive Players
The key market players in the explosive detectors market include Guangzhou Skyscanner Electronic Equipment Co. Ltd., Smiths Group Plc., Elbit Systems Ltd., Implant Sciences Inc., Security Electronic Equipment Co. Ltd., Shanghai WeiEn Security Equipment Co. Ltd., Safran SA, L-3 Communications Holdings Inc., Kunshan Sanxun Electronics Technology Co. Ltd., OSI Systems Inc., Chemring Group Plc., Kromek Group Plc., Suzhou Aoteng Electron Technology Co. Ltd., and Tongfang Weishi Technology Co. Ltd.
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Explosive Detectors Market: Regional Segment Analysis
Middle East and Africa
What Report Provides
Full in-depth analysis of the parent market
Important changes in market dynamics
Segmentation details of the market
Former, on-going, and projected market analysis in terms of volume and value
Assessment of niche industry developments
Market share analysis
Key strategies of major players
Emerging segments and regional markets
Testimonials to companies in order to fortify their foothold in the market.
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