Market Size of Explosive Trace Detection Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
CAGR | > 8.00 % |
Fastest Growing Market | Europe |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Explosive Trace Detection Market Analysis
The explosive trace detection market is expected to grow at a CAGR of more than 8% during the forecast period.
Explosives trace detectors (ETDs) are used by public safety organizations to vehicles, screen packages, luggage, and other items for tiny residues of explosives. The ETDs are used in various end-user industries. The explosive trace detection market witnessed the significant impact of the COVID-19 pandemic. Production halts from OEMs, supply chain disruptions due to lockdowns, and reduced demand from end users hinder the market growth during the pandemic period. The market showcased recovery after the pandemic in 2021 due to relaxations in lockdown restrictions and increasing airline operations.
An explosive trace detection system that samples an explosive trace from the surface of an object. The system is used to check the presence and type of explosive. Increasing security screening rules and regulations from the various security agencies drive the growth of the market. The Transportation Security Administration (TSA) is responsible for the security of travelers across the United States. TSA uses various technologies to conduct passenger screening at the security checkpoint. It uses millimeter wave advanced imaging technology to screen passengers for metallic as well as non-metallic threats such as weapons and explosives.
Furthermore, increasing terrorist activities and illegal weapon transfer lead to rising security concerns which drive the growth of the market.
Explosive Trace Detection Industry Segmentation
Explosive trace detection (ETD) is a technology used to detect explosives of small magnitude. These detectors are used to screen baggage and passengers at commercial, military, and government facilities.
The explosive trace detection market is segmented based on product, end-use, and geography. By product, the market is segmented into a handheld, portable/movable, and fixed. By end-use, the market is segmented into commercial, defense, and others. The other segment consists of security agencies such as law enforcement, public safety, homeland security, etc. The market sizing and forecasts have been provided in value (USD million).
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Commercial | |
Defense | |
Others (Public safety, Law Enforcement, Homeland Security, etc) |
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Explosive Trace Detection Market Size Summary
The explosive trace detection market is poised for substantial growth, driven by increasing security concerns and stringent regulations across various sectors. Explosive trace detectors (ETDs) play a crucial role in ensuring safety by screening vehicles, packages, and luggage for minute residues of explosives. The market experienced disruptions during the COVID-19 pandemic due to production halts and supply chain issues, but it rebounded as restrictions eased and airline operations resumed. The demand for ETDs is further fueled by rising terrorist activities and illegal weapon transfers, prompting enhanced security measures, particularly in the aviation sector. The commercial segment is expected to witness significant expansion, supported by the growing need for advanced security systems to combat terrorism and ensure passenger safety.
Regionally, the Asia Pacific is anticipated to exhibit notable growth in the explosive trace detection market, driven by increased defense spending and heightened security concerns in countries like China and India. The procurement of advanced detection devices by law enforcement agencies and airport authorities is propelling market expansion in this region. The market is characterized by a fragmented landscape with numerous global and local players, including Teledyne FLIR LLC, OSI Systems Inc., Leidos, Smiths Detection Group Ltd., and Analogic Corporation, actively engaged in developing cutting-edge ETD technologies. Strategic initiatives such as contracts, mergers, and acquisitions are further propelling market growth, as seen in recent collaborations and deployments of advanced detection systems in various countries.
Explosive Trace Detection Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Product
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2.1.1 Handheld
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2.1.2 Portable/Movable
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2.1.3 Fixed
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2.2 End Use
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2.2.1 Commercial
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2.2.2 Defense
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2.2.3 Others (Public safety, Law Enforcement, Homeland Security, etc)
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.2 Europe
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2.3.2.1 Germany
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Russia
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2.3.2.5 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 India
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2.3.3.2 China
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2.3.3.3 Japan
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2.3.3.4 South Korea
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2.3.3.5 Rest of Asia-Pacific
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2.3.4 Latin America
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2.3.4.1 Brazil
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2.3.4.2 Rest of Latin America
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2.3.5 Middle-East and Africa
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2.3.5.1 United Arab Emirates
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2.3.5.2 Saudi Arabia
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2.3.5.3 Egypt
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2.3.5.4 Rest of Middle-East and Africa
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Explosive Trace Detection Market Size FAQs
What is the current Explosive Trace Detection Market size?
The Explosive Trace Detection Market is projected to register a CAGR of greater than 8% during the forecast period (2024-2029)
Who are the key players in Explosive Trace Detection Market?
Teledyne FLIR LLC, OSI Systems, Inc., Leidos, Smiths Detection Group Ltd. and Analogic Corporation are the major companies operating in the Explosive Trace Detection Market.