Skip to main content

Explosive Detectors Market by Technology, Bulk, Product type, Application & Geography – Global Forecast 2020


According to the MarketsandMarkets forecast, the Explosive Detectors Market size, in terms of value, is expected to grow from USD 3.56 Billion in 2015 to USD 6.12 Billion by 2020, at a CAGR of 11.4% between 2015 and 2020. The rising terrorist activities across the globe, various government legislations for enhanced security screening, and increasing demand for tighter screening process and antiterrorism activities create a huge demand for explosive detectors across the world. With the intensified risk of terrorism, security professionals at nuclear power plants, embassies, high-risk facilities, transportation, and government agencies are exploring explosives detection, as part of a comprehensive security approach to help protect the citizens and important infrastructure from terrorist threats.
The scope of this report covers the explosive detectors market segmented on the basis of technology, product types, verticals, and geography. The IMS-based trace explosive detectors market is expected to hold the largest market share between 2015 and 2020. The market for mass spectrometry-based trace detectors is expected to grow at the highest rate during the forecast period, as it can overcome most of the limitations of IMS explosive detectors in terms of quantitative capability and selectivity. The market for X-ray systems is expected to hold the largest market share and dominate the bulk market between 2015 and 2020. X-ray systems are especially used at airports where security is a major concern. X-ray systems are in demand in the market as they can detect explosives, weapons, and contraband carried by passengers on their person and/or in their baggage.


Robotics-based explosive detectors to play a key role in the explosive detectors market
The market for robotics-based detectors is expected to hold the largest share of the explosive detectors market between 2015 and 2020 owing to their higher efficiency and greater levels of control. Robotics is expected to play a key role in changing the explosive detectors landscape. The recent advancements in unmanned systems have significantly increased the addressable market base of robotics explosive detectors.
North America is expected to hold the largest market share and dominate the explosive detectors market between 2015 and 2020 owing to the presence of large number of security vendors. Europe also offers potential growth opportunities, given the in recent terrorist attacks and the presence of critical infrastructure in the region.

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Comments

Popular posts from this blog

Global Mobile Video Surveillance Market Size, Demand Analysis, Growth Rate and Deep Industry Research Reports

According to the new market research report  " Mobile Video Surveillance Market  by Offering (Hardware (Cameras, Storage Solutions), Software (Video Analytics, VMS), Service), Application (Trains & Trams, Buses, Transport Vehicles, Police Cars, Drones), Vertical, and Geography - Global Forecast to 2023" , The mobile video surveillance market was valued at 1.40 Billion in 2017 and is expected to reach USD 2.32 Billion by 2023, at a CAGR of 8.77% between 2017 and 2023. The increasing installation of surveillance cameras, improving infrastructure and deployment capabilities, rising demand for intelligent and scalable mobile video surveillance solutions, rising demand for cloud-based surveillance solutions, and growing adoption of IP cameras are the driving factors for the mobile video surveillance market growth. Hardware includes cameras, storage solutions, video encoders, and so on. Hardware components have become technologically more advanced and affordable. The ri...

Global Low Noise Amplifier (LNA) Market Inclined to Deliver Positive Growth Results until 2023

The Low Noise Amplifier (LNA) Market is expected to be worth USD 3.00 billion by 2023, at a CAGR of 13.8% between 2017 and 2023. The rapid development of space programs worldwide, evolution of 5G technology, and commercialization of IoT provide the key opportunities for the market . Some of the key factors driving the growth of this market are the huge demand from the smartphone market, adoption of E Band to meet growing bandwidth demand, and increasing usage of long-term evolution (LTE) technology . The major players of the LNA market are NXP Semiconductors N.V. ( Netherlands ), Analog Devices, Inc. ( US ), Infineon Technologies AG ( Germany ), L3 Narda-MITEQ (US), Qorvo, Inc. ( US ), Skyworks Solutions, Inc. ( US ), ON Semiconductor Corp. ( US ), Panasonic Corp. (Japan), Texas Instruments, Inc. ( US ), and Teledyne Microwave Solutions ( US ). The key innovators in the market are Custom MMIC (US), MACOM Technology Solutions Holdings, Inc. ( US ), SAGE Millimet...

Global Mobile Biometrics Market Inclined to Deliver Positive Growth Results until 2022

The Mobile Biometrics Market is expected to grow from USD 4.03 Billion in 2015 to USD 49.33 Billion by 2022, at a CAGR of 29.3% between 2016 and 2022. The industrial consensus on developing intelligence in mobile devices drives the use of biometric technology. In the last few years, most of the smart phone companies have launched biometrics-enabled phones. While the focus is currently on fingerprint recognition technology, the market is trending toward advanced biometric technologies such as face, voice, iris, and others. Mobile biometrics is a technology used for security and authentication . The mobile biometrics market has witnessed enormous developments in the past few years. In the current scenario, consumer electronics industry holds the largest share of the market. Consumer electronics companies have shown extensive growth and hold a major share of the global mobile biometrics market. The mobile biometrics market is mainly driven by the strategic contracts, partnership...