Explosive Detection Technologies Market

Explosive Detection Technologies Market, By Function, By Technology, By End User, And By Geography (North America, Latin America, Europe, Asia Pacific, Middle East and Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030

Explosive detection technology is technology used for detection of explosive material at Airports, border petrol security and ports. The explosive detection technology is divided into two types’ bulk detection and trace detection. There are various types of technologies used for the explosive detection. For instance, in bulk detection X-ray, Infrared, Electromagnetic and Others. In trace detection optical, non-optical, biosensors and others. The explosive detection technology finds its applications in critical infrastructure, military and defense, and airports. Several types of explosive detection equipment’s are used such as ion mobility spectrometry (IMS), this machine used to detect the traces of explosive material at airports. Another such type of equipment is gas chromatography (GC) it is used to separate molecules before detection.

Moreover government over the world making strict regulation for the explosive manufacturing to use certain easily detectable substances in the explosives. Such as, Montreal Convention 1991, a detection taggant is mandatory when explosives are made to make detection easier. For instance, Semtex, is adding DMDNB, a chemical substance easily detected by explosive detection equipment.

Market Dynamics:

Rising thread of explosive attacks is expected to create significant growth opportunities for the adoption of explosive detection technologies over the forecast period. Moreover, method of attack is changing from tradition explosive attack to humanoid explosive attack, this mandates security agencies to change their explosive detection techniques. This factor is driving the growth of the explosive detection technology market.

However, strict rules and regulation related to Explosive detection technology development and investment in research and development at initial stages are expected to hamper the growth of explosive detection technology market the forecast period.

Key features of the study:

• This report provides in-depth analysis of the global Explosive Detection Technologies market, and provides market size (US$ bn) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global Explosive Detection Technologies market based on the following parameters– company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Elbit Systems Ltd., Safran SA, Smiths Group plc, Implant Sciences Inc., Chemring Group PLC, L-3 Communications Holdings Inc., Kromek Group plc, OSI Systems Inc., Guangzhou Skyscanner Electronic Equipment Co. Ltd., Tongfang Weishi Technology Co., Ltd., Shanghai WeiEn Security Equipment Co., Ltd., Security Electronic Equipment Co., Ltd., Suzhou Aoteng Electron Technology Co., Ltd., and Kunshan Sanxun Electronic Technology Co., Ltd.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global Explosive Detection Technologies market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Explosive Detection Technologies market

Detailed Segmentation:

• Global Explosive Detection Technologies Market, By Function:
• Automated
• Manual
• Global Explosive Detection Technologies Market, By Technology:
• Bulk Detection
• X-ray
• Infrared
• Electromagnetic
• Others
• Trace Detection
• Optical
• Non-optical
• Biosensors
• Others
• Global Explosive Detection Technologies Market, By End User:
• Airport
• Critical Infrastructure
• Ports and Borders
• Military and Defense
• Global Explosive Detection Technologies Market, By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
• Company Profiles:
• Elbit Systems Ltd.
• Safran SA
• Smiths Group plc
• Implant Sciences Inc.
• Chemring Group PLC
• L-3 Communications Holdings Inc.
• Kromek Group plc
• OSI Systems Inc.
• Guangzhou Skyscanner Electronic Equipment Co. Ltd.
• Tongfang Weishi Technology Co., Ltd.
• Shanghai WeiEn Security Equipment Co., Ltd.
• Security Electronic Equipment Co., Ltd.
• Suzhou Aoteng Electron Technology Co., Ltd.
• Kunshan Sanxun Electronic Technology Co., Ltd.