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Explosive Detection Equipment Market Analysis North America, APAC, Europe, Middle East and Africa, South America - US, China, India, France, UK - Size and Forecast 2024-2028

Explosive Detection Equipment Market Analysis North America, APAC, Europe, Middle East and Africa, South America - US, China, India, France, UK - Size and Forecast 2024-2028

Published: Jul 2024 150 Pages SKU: IRTNTR44382

Market Overview at a Glance

$2.68 B
Market Opportunity
7.08%
CAGR
6.49
YoY growth 2023-2024(%)

Explosive Detection Equipment Market Size 2024-2028

The explosive detection equipment market size is forecast to increase by USD 2.68 billion at a CAGR of 7.08% between 2023 and 2028.

  • The Explosive Detection Equipment (EDE) market is experiencing significant growth due to the increasing passenger traffic in various transportation sectors, including aviation and public transportation. This trend is driving the demand for advanced and efficient EDE solutions to ensure safety and security. Another key driver is the emergence of laser spectroscopy detection technology, which offers high accuracy and sensitivity in detecting explosives, making it a preferred choice for security agencies and transportation companies. However, the market is not without challenges. The confidence breach due to the sale of counterfeit or substandard EDE products poses a significant threat to market growth.
  • To mitigate this risk, manufacturers must focus on ensuring product quality and compliance with international safety standards. Companies seeking to capitalize on market opportunities and navigate challenges effectively should invest in research and development to innovate and differentiate their offerings, while also building strong partnerships and collaborations to expand their reach and enhance their capabilities. Additionally, adhering to regulatory requirements and maintaining transparency in business practices are essential to maintaining customer trust and loyalty.

What will be the Size of the Explosive Detection Equipment Market during the forecast period?

Explosive Detection Equipment Market Size

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  • The market encompasses various technologies and applications, including robotics, LED indicator lights, handheld detectors, LCD/LED screens, and thermal neutron activation. These solutions find extensive use in transportation, aviation, public spaces, and border control points to ensure safety against terrorism and the detection of flammable materials. Handheld detectors employ advanced technologies such as laser spectroscopy and spaser for quick and accurate identification of explosives. Robotics and vehicle-mounted devices enhance the capabilities of these systems, enabling real-time monitoring of large areas. Thermal neutron activation and x-rays are essential techniques for bulk detection at ports and airports, while LCD/LED screens and graphene-based sensors contribute to the development of portable and lightweight devices.
  • The military sector also relies on fixed and advanced systems for securing bases and monitoring potential threats. The transportation sector's growing focus on safety and security, coupled with increasing terrorism threats, drives the demand for advanced explosive detection equipment. The market is expected to witness significant growth as technological advancements continue to improve the accuracy and efficiency of these systems. Innovations such as the integration of AI and machine learning algorithms into explosive detection equipment are expected to revolutionize the market, offering enhanced threat detection capabilities and improved operational efficiency. Additionally, the adoption of these technologies in various industries, including aviation, transportation, and military, is expected to further fuel market growth.
  • The integration of LED indicator lights and LCD/LED screens into explosive detection equipment enhances the user experience, providing real-time alerts and visual cues for quick response to potential threats. These advancements, along with the development of portable and lightweight devices, enable rapid and efficient threat detection in various settings. The aviation industry's stringent security measures and the increasing number of passengers and cargo shipments drive the demand for advanced explosive detection equipment at airports. The market is expected to witness significant growth as technological advancements continue to improve the accuracy and efficiency of these systems.
  • The growing trend of border control points and ports implementing advanced security measures to prevent the smuggling of explosives is expected to fuel the market's growth. The integration of AI and machine learning algorithms into these systems enables real-time threat detection and improves operational efficiency. The military sector's reliance on advanced explosive detection equipment for securing bases and monitoring potential threats is a significant market driver. The integration of robotics and vehicle-mounted devices enhances the capabilities of these systems, enabling real-time monitoring of large areas and improving overall security. The transportation sector's increasing focus on safety and security, coupled with the growing threat of terrorism, drives the demand for advanced explosive detection equipment.
  • The integration of AI and machine learning algorithms into these systems offers enhanced threat detection capabilities and improved operational efficiency, making them an essential component of modern transportation infrastructure. The adoption of advanced technologies such as laser spectroscopy, spaser, and graphene in explosive detection equipment is expected to revolutionize the market, offering improved accuracy and efficiency. These innovations, along with the growing trend of integrating AI and machine learning algorithms, are expected to fuel the market's growth and transform the way explosive threats are detected and addressed. The integration of LED indicator lights and LCD/LED screens into explosive detection equipment enhances the user experience, providing real-time alerts and visual cues for quick response to potential threats.
  • The development of portable and lightweight devices, along with the integration of advanced technologies, enables rapid and efficient threat detection in various settings, making these systems an essential component of modern security infrastructure. In summary, the market is driven by the growing need for advanced security solutions in various industries, including transportation, aviation, and military. The integration of AI and machine learning algorithms, along with the adoption of advanced technologies such as laser spectroscopy, spaser, and graphene, is expected to revolutionize the market and offer improved accuracy and efficiency. The use of LED indicator lights and LCD/LED screens enhances the user experience, while the development of portable and lightweight devices enables rapid and efficient threat detection in various settings.

How is this Explosive Detection Equipment Industry segmented?

The explosive detection equipment industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

  • Type
    • Hand-held detectors
    • Ground-mounted screeners
    • Vehicle-mounted mobile detectors
  • Geography
    • North America
      • US
    • APAC
      • China
      • India
    • Europe
      • France
      • UK
    • Middle East and Africa
      • South America

      By Type Insights

      The hand-held detectors segment is estimated to witness significant growth during the forecast period.

      The escalating number of terrorist activities and inncies worldwide has fueled the demand for advanced security solutions, particularly in the detection of improvised explosive devices (IEDs). Handheld explosive detectors have emerged as a critical tool for security personnel, enabling them to swiftly identify and neutralize potential threats in public spaces, airports, ports, and other high-risk areas. These devices are instrumental in detecting various explosive materials, including TNT, nitrates, peroxides, nitramines, and chlorates. The market for handheld explosive detectors is witnessing significant growth due to the increasing defense spending and the need for enhanced security measures. In recent years, technological advancements have led to the integration of artificial intelligence, thermal neutron activation, and laser spectroscopy in these devices, enhancing their accuracy and efficiency.

      For instance, OSI Systems' ZBV-EPT handheld explosive trace detector uses advanced spectroscopic technology to identify explosives and narcotics. Moreover, the integration of graphene and other advanced materials in handheld explosive detectors has led to the development of portable, lightweight, and durable devices. For example, the EVD3500 Handheld Explosive Trace Detector by Westminster Group Plc is a portable device that uses a combination of chemical and spectroscopic sensors to detect explosives. Law enforcement agencies and military forces are increasingly adopting handheld explosive detectors to secure borders, public places, and transportation systems. The devices are also being integrated into robotics and ground penetration radar systems to enhance their capabilities.

      For instance, the U.S. Department of Defense is investing in research and development of Spaser technology, which uses sound waves to detect explosives, reducing the need for physical contact with suspicious materials. In the aviation industry, handheld explosive detectors are being used extensively to secure airports and aircraft. For example, the Transportation Security Administration (TSA) in the United States uses a variety of explosive detection systems, including X-ray machines and trace detection equipment, to secure airports and airplanes. In summary, the market for handheld explosive detectors is witnessing significant growth due to the increasing threat of terrorism and the need for advanced security solutions.

      The integration of advanced technologies and materials is driving innovation in the market, leading to the development of portable, efficient, and accurate devices. The market is expected to continue growing in the coming years, driven by the increasing demand for security solutions in various industries and applications.

      Explosive Detection Equipment Market Size

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      The Hand-held detectors segment was valued at USD 2 billion in 2018 and showed a gradual increase during the forecast period.

      Regional Analysis

      North America is estimated to contribute 38% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

      Explosive Detection Equipment Market Share by Geography

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      The market in North America, with the US as its leading contributor, is experiencing significant growth due to heightened security concerns and the need for advanced screening technologies. IEDs, a major threat identified by the Department of Homeland Security (DHS) since the early 2000s, have necessitated collaborative efforts between federal agencies, public and private entities, and partners to counteract their impact. The US, as both a consumer and exporter of such equipment, is investing in upgrading its existing detection capabilities to ensure national security and efficient public services. Inorganic Nitrates, Chlorates, and Peroxides are integral components of IEDs, making the detection of these chemicals crucial in preventing potential terrorist activities.

      Ground penetration radar, laser spectroscopy, and X-rays are among the technologies employed in explosive detection equipment to identify these substances. Military and law enforcement agencies utilize these tools to secure borders, airports, ports, public spaces, and transportation systems. Graphene, a revolutionary material, is being explored for its potential in developing more sensitive and efficient explosive detection systems. Similarly, the integration of Artificial Intelligence and Robotics in explosive detection equipment is enhancing their capabilities and accuracy. Thermal neutron activation, a detection technique, is used to identify Nitramines and other radiological components, providing an additional layer of security.

      The global market for explosive detection equipment is driven by the increasing threat of terrorism, territorial disputes, and war. The need for advanced, portable, and cost-effective solutions has led to continuous innovation and development in this field. Companies such as OSI Systems, with their advanced ZBV-E100 explosive detection portal, are at the forefront of this technological advancement. In summary, the market is witnessing significant growth due to the evolving threat landscape and the need for advanced, efficient, and cost-effective solutions. The integration of advanced technologies like Artificial Intelligence, Robotics, and Graphene is driving innovation and enhancing the capabilities of these systems.

      The US, as a key player in this market, is investing in upgrading its existing detection capabilities and collaborating with partners to counter the rising threat of IEDs and other explosive devices.

      Market Dynamics

      Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

      What are the key market drivers leading to the rise in the adoption of Explosive Detection Equipment Industry?

      • Increase in passenger traffic is the key driver of the market. 

      • The market has experienced significant growth due to the increasing number of air passengers and heightened security measures at airport terminals. With the in air travel, airports face the challenge of managing increased traffic while maintaining stringent security protocols. Advanced machinery is being incorporated to quickly scan personnel and baggage for explosives and other threats, including chemical weapons. These technologies, both handheld and ground-mounted, are essential for accommodating cyclic fluctuations in passenger inflow during peak seasons. The need for efficient and accurate explosive detection is paramount to ensure the safety and security of travelers.
      • The market is driven by various factors, including growing concerns over terror threats, increasing government investments in security infrastructure, and the adoption of advanced technologies for threat detection. The market is expected to continue its growth trajectory in the coming years.

      What are the market trends shaping the Explosive Detection Equipment Industry?

      • Emergence of laser spectroscopy detection technology is the upcoming market trend. 

      • Laser spectroscopy detection technology, developed by Laser Detect Systems (LDS), is a pioneering solution for explosive and substance detection. This Israeli innovation combines standoff and trace detection capabilities, eliminating the need for sampling. It functions by integrating multiple spectral analysis and data fusion tools into real-time data collected through a laser beam aimed at the target. The technology's versatility allows for the detection of various substances, including explosives, narcotics, chemicals, biological agents, and minerals, by correlating their spectral signatures with a known substance database.
      • The portable technology can be integrated into static, mobile, and handheld detectors, extending its applicability beyond security checks. Furthermore, it can identify and characterize individually manufactured materials, leading to the potential tracking of their production sources, enhancing threat prevention efforts.

      What challenges does the Explosive Detection Equipment Industry face during its growth?

      • Confidence breach due to the sale of counterfeit products is a key challenge affecting the industry growth. 

      • The market has faced scrutiny due to past incidents of fraudulent sales. In some instances, defense agencies in the Middle East and Asia Pacific regions were sold counterfeit explosive detection equipment, resulting in devastating consequences. Notably, the deployment of non-functional fake bomb detectors, such as the ADE 651 produced by ATSC in the UK, led to the tragic loss of innocent lives and extensive property damage.
      • These incidents underscore the importance of ensuring the authenticity and functionality of explosive detection equipment to prevent potential harm and maintain security. The market for explosive detection equipment continues to evolve, driven by technological advancements and the growing need for enhanced security measures.

      Exclusive Customer Landscape

      The explosive detection equipment market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the explosive detection equipment market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

      Explosive Detection Equipment Market Share by Geography

       Customer Landscape

      Key Companies & Market Insights

      Companies are implementing various strategies, such as strategic alliances, explosive detection equipment market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.

      Agilent Technologies Inc. - The company specializes in advanced explosive detection solutions for aviation security, featuring the innovative LEDS System with Cobalt Insight200 and Handheld SORS Technology. These systems provide swift, accurate identification of liquid explosives, enhancing safety and security protocols. The LEDS System integrates advanced spectroscopic techniques, while the Handheld SORS Technology offers portable, on-the-go screening capabilities. Both systems contribute to the company's commitment to delivering cutting-edge, reliable detection solutions.

      The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

      • Agilent Technologies Inc.
      • Analogic Corp.
      • Autoclear LLC
      • BAE Systems Plc
      • Chemring Group Plc
      • DetectaChem Inc.
      • iSENTECH
      • Kromek Group Plc
      • L3Harris Technologies Inc.
      • LASER DETECT SYSTEM LLC
      • Leidos Holdings Inc.
      • Morphix Technologies
      • Novatest Srl
      • OSI Systems Inc.
      • Security Electronic Equipment Co. Ltd.
      • Smiths Detection Group Ltd.
      • Suzhou Aoteng Electron Technology Co. Ltd.
      • Teledyne FLIR LLC
      • Westminster Group Plc

      Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

      Research Analyst Overview

      The market encompasses a wide range of technologies designed to identify and neutralize potentially harmful chemical components used in various forms of explosives. The market's growth is driven by the persistent threat of anti-social activities, including the use of TNT, large-vehicle borne IEDs, and homemade bombs, in both military conflicts and terrorist attacks. Military applications continue to dominate the market due to the significant role explosives play in warfare. However, the need for enhanced security measures in public spaces, transportation, and critical infrastructure sectors, such as airports and ports, has led to an increasing demand for portable and advanced explosive detection systems.

      Ground penetration radar, thermal neutron activation analysis, and laser spectroscopy are some of the technologies employed in the market to detect a variety of explosive components, including inorganic nitrates, nitroaromatics, peroxides, nitramines, and chlorates. These technologies have shown promising results in the detection of both organic and inorganic explosives. Recent advancements in robotics, artificial intelligence, and sensor technologies have led to the development of more sophisticated and efficient explosive detection systems. For instance, OSIsystems' SPASER technology uses a high-powered laser to generate shockwaves that can detect the presence of explosives. Similarly, the integration of LED indicator lights and LCD/LED screens in portable devices enhances their usability and ease of deployment.

      Defense spending, territorial disputes, and the threat of terrorism continue to fuel the demand for advanced explosive detection equipment. The market is expected to grow significantly in the coming years as governments and law enforcement agencies invest in new technologies to enhance their security capabilities. The transportation sector, particularly aviation, has been a major focus area for explosive detection technology development. The use of X-rays, thermal imaging, and other advanced technologies has become standard practice in airport security procedures. However, the threat of aerial bombs and the increasing use of flammable materials in terrorist attacks have led to the development of more advanced aerial bomb detection systems.

      The market for explosive detection equipment is highly competitive, with numerous players offering a range of solutions. Companies are investing in research and development to create more efficient, portable, and cost-effective solutions. For example, the use of graphene in explosive detection sensors has shown promising results in improving sensitivity and reducing false positives. In , the market is a dynamic and evolving industry driven by the persistent threat of anti-social activities and the need for enhanced security measures in various sectors. The market is expected to grow significantly in the coming years as governments and organizations invest in advanced technologies to detect and neutralize explosives.

      The integration of artificial intelligence, robotics, and sensor technologies is expected to drive innovation and efficiency in the market.

      Market Scope

      Report Coverage

      Details

      Page number

      150

      Base year

      2023

      Historic period

      2018-2022

      Forecast period

      2024-2028

      Growth momentum & CAGR

      Accelerate at a CAGR of 7.08%

      Market growth 2024-2028

      USD 2678.8 million

      Market structure

      Fragmented

      YoY growth 2023-2024(%)

      6.49

      Key countries

      US, China, India, France, and UK

      Competitive landscape

      Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

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      What are the Key Data Covered in this Explosive Detection Equipment Market Research and Growth Report?

      • CAGR of the Explosive Detection Equipment industry during the forecast period
      • Detailed information on factors that will drive the growth and forecasting between 2024 and 2028
      • Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
      • Accurate predictions about upcoming growth and trends and changes in consumer behaviour
      • Growth of the market across North America, APAC, Europe, Middle East and Africa, and South America
      • Thorough analysis of the market’s competitive landscape and detailed information about companies
      • Comprehensive analysis of factors that will challenge the explosive detection equipment market growth of industry companies

      We can help! Our analysts can customize this explosive detection equipment market research report to meet your requirements.

      Get in touch

       

      1 Executive Summary

      • 1.1 Market overview
        • Executive Summary - Chart on Market Overview
        • Executive Summary - Data Table on Market Overview
        • Executive Summary - Chart on Global Market Characteristics
        • Executive Summary - Chart on Market by Geography
        • Executive Summary - Chart on Market Segmentation by Type
        • Executive Summary - Chart on Incremental Growth
        • Executive Summary - Data Table on Incremental Growth
        • Executive Summary - Chart on Company Market Positioning

      2 Market Landscape

      • 2.1 Market ecosystem
        • Parent Market
        • Data Table on - Parent Market
      • 2.2 Market characteristics
        • Market characteristics analysis
      • 2.3 Value chain analysis
        • Value Chain Analysis

      3 Market Sizing

      • 3.1 Market definition
        • Offerings of companies included in the market definition
      • 3.2 Market segment analysis
        • Market segments
      • 3.3 Market size 2023
        • 3.4 Market outlook: Forecast for 2023-2028
          • Chart on Global - Market size and forecast 2023-2028 ($ million)
          • Data Table on Global - Market size and forecast 2023-2028 ($ million)
          • Chart on Global Market: Year-over-year growth 2023-2028 (%)
          • Data Table on Global Market: Year-over-year growth 2023-2028 (%)

        4 Historic Market Size

        • 4.1 Global Explosive Detection Equipment Market 2018 - 2022
          • Historic Market Size - Data Table on Global Explosive Detection Equipment Market 2018 - 2022 ($ million)
        • 4.2 Type segment analysis 2018 - 2022
          • Historic Market Size - Type Segment 2018 - 2022 ($ million)
        • 4.3 Geography segment analysis 2018 - 2022
          • Historic Market Size - Geography Segment 2018 - 2022 ($ million)
        • 4.4 Country segment analysis 2018 - 2022
          • Historic Market Size - Country Segment 2018 - 2022 ($ million)

        5 Five Forces Analysis

        • 5.1 Five forces summary
          • Five forces analysis - Comparison between 2023 and 2028
        • 5.2 Bargaining power of buyers
          • Bargaining power of buyers - Impact of key factors 2023 and 2028
        • 5.3 Bargaining power of suppliers
          • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
        • 5.4 Threat of new entrants
          • Threat of new entrants - Impact of key factors in 2023 and 2028
        • 5.5 Threat of substitutes
          • Threat of substitutes - Impact of key factors in 2023 and 2028
        • 5.6 Threat of rivalry
          • Threat of rivalry - Impact of key factors in 2023 and 2028
        • 5.7 Market condition
          • Chart on Market condition - Five forces 2023 and 2028

        6 Market Segmentation by Type

        • 6.1 Market segments
          • Chart on Type - Market share 2023-2028 (%)
          • Data Table on Type - Market share 2023-2028 (%)
        • 6.2 Comparison by Type
          • Chart on Comparison by Type
          • Data Table on Comparison by Type
        • 6.3 Hand-held detectors - Market size and forecast 2023-2028
          • Chart on Hand-held detectors - Market size and forecast 2023-2028 ($ million)
          • Data Table on Hand-held detectors - Market size and forecast 2023-2028 ($ million)
          • Chart on Hand-held detectors - Year-over-year growth 2023-2028 (%)
          • Data Table on Hand-held detectors - Year-over-year growth 2023-2028 (%)
        • 6.4 Ground-mounted screeners - Market size and forecast 2023-2028
          • Chart on Ground-mounted screeners - Market size and forecast 2023-2028 ($ million)
          • Data Table on Ground-mounted screeners - Market size and forecast 2023-2028 ($ million)
          • Chart on Ground-mounted screeners - Year-over-year growth 2023-2028 (%)
          • Data Table on Ground-mounted screeners - Year-over-year growth 2023-2028 (%)
        • 6.5 Vehicle-mounted mobile detectors - Market size and forecast 2023-2028
          • Chart on Vehicle-mounted mobile detectors - Market size and forecast 2023-2028 ($ million)
          • Data Table on Vehicle-mounted mobile detectors - Market size and forecast 2023-2028 ($ million)
          • Chart on Vehicle-mounted mobile detectors - Year-over-year growth 2023-2028 (%)
          • Data Table on Vehicle-mounted mobile detectors - Year-over-year growth 2023-2028 (%)
        • 6.6 Market opportunity by Type
          • Market opportunity by Type ($ million)
          • Data Table on Market opportunity by Type ($ million)

        7 Customer Landscape

        • 7.1 Customer landscape overview
          • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

        8 Geographic Landscape

        • 8.1 Geographic segmentation
          • Chart on Market share by geography 2023-2028 (%)
          • Data Table on Market share by geography 2023-2028 (%)
        • 8.2 Geographic comparison
          • Chart on Geographic comparison
          • Data Table on Geographic comparison
        • 8.3 North America - Market size and forecast 2023-2028
          • Chart on North America - Market size and forecast 2023-2028 ($ million)
          • Data Table on North America - Market size and forecast 2023-2028 ($ million)
          • Chart on North America - Year-over-year growth 2023-2028 (%)
          • Data Table on North America - Year-over-year growth 2023-2028 (%)
        • 8.4 APAC - Market size and forecast 2023-2028
          • Chart on APAC - Market size and forecast 2023-2028 ($ million)
          • Data Table on APAC - Market size and forecast 2023-2028 ($ million)
          • Chart on APAC - Year-over-year growth 2023-2028 (%)
          • Data Table on APAC - Year-over-year growth 2023-2028 (%)
        • 8.5 Europe - Market size and forecast 2023-2028
          • Chart on Europe - Market size and forecast 2023-2028 ($ million)
          • Data Table on Europe - Market size and forecast 2023-2028 ($ million)
          • Chart on Europe - Year-over-year growth 2023-2028 (%)
          • Data Table on Europe - Year-over-year growth 2023-2028 (%)
        • 8.6 Middle East and Africa - Market size and forecast 2023-2028
          • Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
          • Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
          • Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
          • Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
        • 8.7 South America - Market size and forecast 2023-2028
          • Chart on South America - Market size and forecast 2023-2028 ($ million)
          • Data Table on South America - Market size and forecast 2023-2028 ($ million)
          • Chart on South America - Year-over-year growth 2023-2028 (%)
          • Data Table on South America - Year-over-year growth 2023-2028 (%)
        • 8.8 US - Market size and forecast 2023-2028
          • Chart on US - Market size and forecast 2023-2028 ($ million)
          • Data Table on US - Market size and forecast 2023-2028 ($ million)
          • Chart on US - Year-over-year growth 2023-2028 (%)
          • Data Table on US - Year-over-year growth 2023-2028 (%)
        • 8.9 China - Market size and forecast 2023-2028
          • Chart on China - Market size and forecast 2023-2028 ($ million)
          • Data Table on China - Market size and forecast 2023-2028 ($ million)
          • Chart on China - Year-over-year growth 2023-2028 (%)
          • Data Table on China - Year-over-year growth 2023-2028 (%)
        • 8.10 India - Market size and forecast 2023-2028
          • Chart on India - Market size and forecast 2023-2028 ($ million)
          • Data Table on India - Market size and forecast 2023-2028 ($ million)
          • Chart on India - Year-over-year growth 2023-2028 (%)
          • Data Table on India - Year-over-year growth 2023-2028 (%)
        • 8.11 France - Market size and forecast 2023-2028
          • Chart on France - Market size and forecast 2023-2028 ($ million)
          • Data Table on France - Market size and forecast 2023-2028 ($ million)
          • Chart on France - Year-over-year growth 2023-2028 (%)
          • Data Table on France - Year-over-year growth 2023-2028 (%)
        • 8.12 UK - Market size and forecast 2023-2028
          • Chart on UK - Market size and forecast 2023-2028 ($ million)
          • Data Table on UK - Market size and forecast 2023-2028 ($ million)
          • Chart on UK - Year-over-year growth 2023-2028 (%)
          • Data Table on UK - Year-over-year growth 2023-2028 (%)
        • 8.13 Market opportunity by geography
          • Market opportunity by geography ($ million)
          • Data Tables on Market opportunity by geography ($ million)

        9 Drivers, Challenges, and Opportunity/Restraints

        • 9.1 Market drivers
          • 9.2 Market challenges
            • 9.3 Impact of drivers and challenges
              • Impact of drivers and challenges in 2023 and 2028
            • 9.4 Market opportunities/restraints

              10 Competitive Landscape

              • 10.1 Overview
                • 10.2 Competitive Landscape
                  • Overview on criticality of inputs and factors of differentiation
                • 10.3 Landscape disruption
                  • Overview on factors of disruption
                • 10.4 Industry risks
                  • Impact of key risks on business

                11 Competitive Analysis

                • 11.1 Companies profiled
                  • Companies covered
                • 11.2 Market positioning of companies
                  • Matrix on companies position and classification
                • 11.3 Agilent Technologies Inc.
                  • Agilent Technologies Inc. - Overview
                  • Agilent Technologies Inc. - Business segments
                  • Agilent Technologies Inc. - Key news
                  • Agilent Technologies Inc. - Key offerings
                  • Agilent Technologies Inc. - Segment focus
                • 11.4 Chemring Group Plc
                  • Chemring Group Plc - Overview
                  • Chemring Group Plc - Business segments
                  • Chemring Group Plc - Key offerings
                  • Chemring Group Plc - Segment focus
                • 11.5 iSENTECH
                  • iSENTECH - Overview
                  • iSENTECH - Product / Service
                  • iSENTECH - Key offerings
                • 11.6 Kromek Group Plc
                  • Kromek Group Plc - Overview
                  • Kromek Group Plc - Product / Service
                  • Kromek Group Plc - Key offerings
                • 11.7 L3Harris Technologies Inc.
                  • L3Harris Technologies Inc. - Overview
                  • L3Harris Technologies Inc. - Business segments
                  • L3Harris Technologies Inc. - Key news
                  • L3Harris Technologies Inc. - Key offerings
                  • L3Harris Technologies Inc. - Segment focus
                • 11.8 OSI Systems Inc.
                  • OSI Systems Inc. - Overview
                  • OSI Systems Inc. - Business segments
                  • OSI Systems Inc. - Key offerings
                  • OSI Systems Inc. - Segment focus
                • 11.9 Security Electronic Equipment Co. Ltd.
                  • Security Electronic Equipment Co. Ltd. - Overview
                  • Security Electronic Equipment Co. Ltd. - Product / Service
                  • Security Electronic Equipment Co. Ltd. - Key offerings
                • 11.10 Smiths Detection Group Ltd.
                  • Smiths Detection Group Ltd. - Overview
                  • Smiths Detection Group Ltd. - Product / Service
                  • Smiths Detection Group Ltd. - Key offerings
                • 11.11 Suzhou Aoteng Electron Technology Co. Ltd.
                  • Suzhou Aoteng Electron Technology Co. Ltd. - Overview
                  • Suzhou Aoteng Electron Technology Co. Ltd. - Product / Service
                  • Suzhou Aoteng Electron Technology Co. Ltd. - Key offerings
                • 11.12 Teledyne FLIR LLC
                  • Teledyne FLIR LLC - Overview
                  • Teledyne FLIR LLC - Product / Service
                  • Teledyne FLIR LLC - Key offerings

                12 Appendix

                • 12.1 Scope of the report
                  • 12.2 Inclusions and exclusions checklist
                    • Inclusions checklist
                    • Exclusions checklist
                  • 12.3 Currency conversion rates for US$
                    • Currency conversion rates for US$
                  • 12.4 Research methodology
                    • Research methodology
                  • 12.5 Data procurement
                    • Information sources
                  • 12.6 Data validation
                    • Data validation
                  • 12.7 Validation techniques employed for market sizing
                    • Validation techniques employed for market sizing
                  • 12.8 Data synthesis
                    • Data synthesis
                  • 12.9 360 degree market analysis
                    • 360 degree market analysis
                  • 12.10 List of abbreviations
                    • List of abbreviations

                  Research Methodology

                  Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                  INFORMATION SOURCES

                  Primary sources

                  • Manufacturers and suppliers
                  • Channel partners
                  • Industry experts
                  • Strategic decision makers

                  Secondary sources

                  • Industry journals and periodicals
                  • Government data
                  • Financial reports of key industry players
                  • Historical data
                  • Press releases

                  DATA ANALYSIS

                  Data Synthesis

                  • Collation of data
                  • Estimation of key figures
                  • Analysis of derived insights

                  Data Validation

                  • Triangulation with data models
                  • Reference against proprietary databases
                  • Corroboration with industry experts

                  REPORT WRITING

                  Qualitative

                  • Market drivers
                  • Market challenges
                  • Market trends
                  • Five forces analysis

                  Quantitative

                  • Market size and forecast
                  • Market segmentation
                  • Geographical insights
                  • Competitive landscape

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                  Frequently Asked Questions

                  Explosive Detection Equipment market growth will increase by $ 2678.8 mn during 2024-2028.

                  The Explosive Detection Equipment market is expected to grow at a CAGR of 7.08% during 2024-2028.

                  Explosive Detection Equipment market is segmented by Type( Hand-held detectors, Ground-mounted screeners, Vehicle-mounted mobile detectors) Geographic( North America, APAC, Europe, MEA, South America)

                  Agilent Technologies Inc., Analogic Corp., Autoclear LLC, BAE Systems Plc, Chemring Group Plc, DetectaChem Inc., iSENTECH, Kromek Group Plc, L3Harris Technologies Inc., LASER DETECT SYSTEM LLC, Leidos Holdings Inc., Morphix Technologies, Novatest Srl, OSI Systems Inc., Security Electronic Equipment Co. Ltd., Smiths Detection Group Ltd., Suzhou Aoteng Electron Technology Co. Ltd., Teledyne FLIR LLC, Westminster Group Plc are a few of the key vendors in the Explosive Detection Equipment market.

                  North America will register the highest growth rate of 38% among the other regions. Therefore, the Explosive Detection Equipment market in North America is expected to garner significant business opportunities for the vendors during the forecast period.

                  US, China, India, France, UK

                  • Increase in passenger trafficThere has been a rapid increase in the number of air passengers in recent years is the driving factor this market.
                  • which has resulted in significant changes in the standard operating procedures (SOPs) of airport terminals to cater to the increased flow of traffic along with minimum capacity constraints while ensuring zero lapses in security protocols. Terror threats have augmented the level of security implemented at various checkpoints is the driving factor this market.
                  • resulting in the incorporation of advanced machinery to perform rapid scanning of personnel and baggage for explosives and other threats such as chemical weapons.  In addition to processing incoming passengers for security checks is the driving factor this market.
                  • the airports are also required to accommodate cyclic fluctuations in passenger inflow during peak seasons is the driving factor this market.
                  • which leads to a higher need for advanced scanning technologies is the driving factor this market.
                  • both handheld and ground-mounted. Thus is the driving factor this market.
                  • it is necessary for airports to upgrade their existing systems and facilities to maintain efficiency while simultaneously coping with the pressure associated with the cost of expansion and profitability. Numerous projects are currently underway globally for the expansion of the operational capacity of airports.    In Africa is the driving factor this market.
                  • several projects are underway in countries is the driving factor this market.
                  • including the Democratic Republic of Congo is the driving factor this market.
                  • Cameroon is the driving factor this market.
                  • Tanzania is the driving factor this market.
                  • and Kenya is the driving factor this market.
                  • to improve the safety is the driving factor this market.
                  • security is the driving factor this market.
                  • and operations of public transport hubs through strategic infrastructure investments and capacity planning as per passenger inflow data collected over the last decade.  Several projects are in the pipeline for enhancing the country and regional capacities of terminals at major tourist hubs in APAC for better management of climate and disaster risks aimed at streamlining and improving the management of tourist flow through the region.    Companies are expanding their product offering with compact systems to ensure minimal installation constraints in tight spaces at various entry and exit points in an airport. Faster check-in processes are being ensured through the introduction of automated passenger scanning systems such as EntryScan from Rapiscan Systems. Such advanced systems are also capable of scanning for a wide range of targeted substances is the driving factor this market.
                  • including concealed threats. Thus is the driving factor this market.
                  • the adoption of advanced automated scanning systems will significantly contribute to the global explosive detection equipment market during the forecast period.   is the driving factor this market.

                  The Explosive Detection Equipment market vendors should focus on grabbing business opportunities from the Hand-held detectors segment as it accounted for the largest market share in the base year.