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.
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Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
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