Global explosive detection equipment market size will grow more than USD 3.10 billion during 2019-2023. This report offers an analysis of the market based on application (hand-held detectors, ground-mounted screeners, and vehicle-mounted mobile detectors) and presents in-depth insights into the growth prospects of the market across geographic regions such as APAC, Europe, the Middle East and Africa, and North America. The report also analyzes the market’s competitive landscape and offers information on several companies including Chemring Group, Cobham, FLIR Systems, L3 Technologies, and Smiths Group.

Below are some of the key findings from this explosive detection equipment market analysis report

Explosive Detection Equipment Market

See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.

Get a FREE sample now!
Global explosive detection equipment industry overview

Enhanced security mandates of authorities is one of the critical reasons that is expected to drive explosive detection equipment market growth. The focus on implementing preventive security programs for offshore oil and gas transport sectors, aviation, air cargo supply chain, and maritime is increasing to comply with global standards. For instance, terrorists use ammonium nitrate in crafting explosives. This encouraged the department of homeland security to formulate the ammonium nitrate security program. This program prevents the misappropriate use of chemicals in acts of terrorism by regulating the sales and transfer of ammonium nitrate from a manufacturing facility. Such security mandates boost the procurement of anti-explosive detectors and scanners.

The advent of wearable explosive detection equipment has also propelled the adoption of anti-explosive detectors and scanners. This will drive the explosive detection equipment market to grow at a CAGR of almost 9% during the forecast period. To ensure an effective identification of explosives, used in improvised explosive devices (IED), organizations are augmenting security standards to encourage the use of reliable compact and portable IED detection equipment. Handheld devices integrated with emerging technologies such as SiN-VAPOR efficiently detect explosives and chemical warfare agents.
Top explosive detection equipment companies covered in this market research report

The explosive detection equipment market is highly fragmented. Market players are leveraging advanced technologies to offer high-quality products to meet the evolving needs of the end-user industries. By offering a complete analysis of the market’s competitive landscape and information on the products offered by the companies, this explosive detection equipment industry analysis report helps clients to identify new growth opportunities and design innovative strategies to improve their share in the market.
https://www.technavio.com/report/global-explosive-detection-equipment-market-industry-analysis?tnplus=&utm_source=off_page&utm_medium=web2.0&utm_campaign=2020-ch-W26