Explosives Trace Detection Market Specifications,Top Companies,Revenue and Applications Report 2022

Global Explosives Trace Detection Market is expected to grow at a significant CAGR in the upcoming years as the scope is increasing across the globe. The need and growing concern for homeland security and safety are expected to drive growth in the industry. Rise in terrorist activities and threat of criminal attacks have forced several governments to fortify security measures.  Heavy investments are being made on adoption of high-end technology to combat terrorism and provide homeland security. The ETD technology effectively addresses security needs and helps to monitor, detect, and prevent commercial facilities from threats.

The technology forms a key modality and has gained prominence within the defense sector, homeland security, and public safety infrastructure. ETD ensures secured air, sea, and land transportations. Furthermore, it helps in ensuring public safety, critical infrastructure protection, and law enforcement. The explosives trace detection market is expected to gain traction owing to substantial investments in public transportation & aviation security sector along with public spaces & venues security. Explosives trace detection provides secured facilities exclusively to first responders such as firefighters and police officers. Counter terrorism operations and activities, and tighter screening process are among the key factors driving market growth.

The explosives trace detection market can be segmented based on technology, and applications. Explosives trace detection employs several advanced technologies such as automated colorimetric, Ion Mobility Spectrometry (IMS), Thermo-REDOX, Chemiluminescence, Amplifying Fluorescent Polymer (AFP), and Mass Spectrometry (MS). Automated Colorimetric technology is the simplest and most widely used technology for finding hidden explosives. The ETD technology is widely used to provide secured facilities for homeland safety & security and transportation security. The technology is extensively used for applications such as people’s screening, radiation detection, industrial & mining and standoff threat detection, homeland safety & security.

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Based on the product type, ETDs comprise hand-held and tabletop detectors. Hand-held ETDs are portable devices that enable discovery of explosives and include bomb detection devices and radiation & metal detectors. Tabletop detectors include monitors and baggage scanning systems and metal detector door frames. The explosives trace detection market is expected to flourish in the European region owing to surge in demand for ETD systems at spaces & venues such as public gathering locations, shopping malls, amusement parks, and sports arenas. Furthermore, hike in European security funding post terror attacks has impelled growth in the industry.

The explosives trace detection market is expected to witness significant growth in North American countries such as the U.S. and Canada. This growth can be attributed to the need of screening billions of luggage items and baggage at airports and seaports. Moreover, countries such as the U.S. along with the European Union have enforced 100% cargo screening on all passenger flights. This has subsequently bolstered growth in the industry. Asian countries such as China, India, and Japan have witnessed steady growth in airport passengers and air cargo traffic. This has led rise in demand for explosives trace detectors in the region. Moreover, China’s heavy investments in public security and new airports along with Indian Increasing government investments and initiatives in counter terrorism activities have incited explosives trace detection market growth.

Market growth prominently depends on government funding. Any decrease in this funding can directly have an impact on the explosives trace detection market. Explosives trace detection is a complex and expensive endeavor. Lack of detectable signatures for volatile objects and variety of methods to deploy such weapons pose a major threat to the market. Detectors with high sensitivity and selectivity are very expensive and due to lack of cost-efficient detectors, market growth is hindered. Receptor-based nanosensors have poor selectivity and physically are very small to detect explosives’ traces in a specific time frame. Key players dominating the explosives trace detection market include Auto Clear US, Biosensor Applications AB, Electronic Sensor Technology, FLIR Systems, Hitachi Ltd., Ion Applications Inc., Nuctech, OSI Systems Inc., Safran S.A., Smiths Detection Group PLC, and Thermo Fisher Scientific Inc.

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