Explosive Trace Detection Market Size, Share, By Product (Handheld, Portable, and Fixed-Point/Standalone), Technology (Chemiluminescence, Thermos-Redox, Amplifying Fluorescent Polymer, Mass Spectrometry, Ion Mobility Spectrometry, Colorimetric, and Others), End-User (Commercial, Defense, Public Safety, Law Enforcement, and Others), and Region - Trends, Analysis, and Forecast till 2035
Explosive trace detection market is projected to grow from US$ 1.2 billion in 2019 to US$ 3.5 billion by 2029. The explosive trace detection market is expected to register moderate growth over the forecast period. This is attributed to increasing terrorist activities across the globe, coupled with rising demand for tighter screening process.
The report "Explosive Trace Detection Market, by Product Type (Handheld, Vehicle-Mounted, and Other Detectors (Robotics and Biosensors), by Application (Military and Defense, Transportation and Logistics, Public Safety and Law Enforcement, Commercial, and Others (Residential, Aviation, etc), and Region - Global Forecast to 2029"
Key Highlights:
On November 2015, Smiths Detection, Inc had launched TRACE-PRO is a revolutionary explosives detector for fast identification and evidence collection.
On February 5, 2019, FLIR Systems, Inc hadlaunched uncooled thermal camera designed for detecting methane gas.
Key Market Insights from the report:
The explosive trace detection market accounted for US$ 1.2 billion in 2019 and is projected to register a moderate CAGR of 10.4% over the forecast period. The market report has been segmented on the basis of product type, application, and region.
By product type segmentation, the robotics segment accounted for major revenue share in 2019. This is due to robotics have higher efficiency and greater levels of control.
By application, the explosive trace detection market is segmented into military and defense, transportation and logistics, public safety and law enforcement, commercial, and others. Others application sub-segment is classified into residential, aviation, etc.
By region, North America explosive trace detection market is accounted for major revenue share of the explosive trace detection market and is further anticipated to maintain its dominance over the forecast period, owing to presence of major players in the countries of North America region. The market in Europe is expected to account for major revenue share in explosive trace detection market during forecast period in 2019.
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Segmentation:
By Product:
Handheld
Portable
Fixed-Point/Standalone
By Technology:
Chemiluminescence
Thermos-Redox
Amplifying Fluorescent Polymer
Mass Spectrometry
Ion Mobility Spectrometry
Colorimetric
Others
By End-User:
Commercial
Defense
Public Safety
Law Enforcement
Others
By Region:
North America
U.S.
Canada
Europe
Germany
U.K.
France
Russia
Italy
Spain
Netherlands
Rest of Europe
Asia Pacific
China
India
Japan
Australia
Indonesia
Malaysia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Argentina
Rest of Latin America
Middle East & Africa
GCC
Israel
South Africa
Rest of Middle East & Africa
Global Explosive Trace Detection Market Competitive Landscape & Key Players
Leidos
Smiths Detection Group Ltd.
Teledyne FLIR LLC
Bruker
Analogic Corporation
NUTECH COMPANY LIMITED
OSI Systems, Inc.
Rapiscan Systems
Autoclear
DetectaChem
Chemring Group PLC
American Innovations
Key Questions Answered in This Report
1. What was the size of the Explosive Trace Detection Market in 2024?
2. What is the expected growth rate of the Explosive Trace Detection Market during 2025-2035?
3. What are the key factors driving the Explosive Trace Detection Market?
4. What is the breakup of the Explosive Trace Detection Market based on the distribution channel?
5. What are the key regions in the Explosive Trace Detection Market?
6. Who are the key players/companies in the Explosive Trace Detection Market?
7. What are the drivers, restraints, and opportunities in the Explosive Trace Detection Market?
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