Scope of the Study
Explosives trace detection technology is used to intercept, and to prevent access, by people who have handled explosives. It is used at airports, ports, cargo facilities and at the access control points of critical infrastructure. Whereas, Narcotics trace detection technology is used at the entrances to prisons, remand centres, pop concerts and nightclubs. It helps to intercept and detain people who have handled narcotics and to identify either users or traffickers of substances. Both of them, that is explosives and narcotics trace detection is used in customs facilities.
The market study is being classified by Type (Explosive trace detection and Narcotics trace detection) and major geographies with country level break-up.
L3 Technologies (United States), Smith’s Group (United Kingdom), DetectaChem (United States), Electronic Sensor Technology (United States), American Innovations (United States), Autoclear (United States), MS Tech (United States), Bruker (United States), FLIR Systems (United States) and Red X Defense (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Scanna MSC (United Kingdom) and Scintrex Trace Corporation (Canada).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Explosives and Narcotics Trace Detection Technology(ETD) market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Explosives and Narcotics Trace Detection Technology(ETD) market by Type, Application and Region.
On the basis of geography, the market of Explosives and Narcotics Trace Detection Technology(ETD) has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Terrorism Across the World Leading to Use of Explosives
- Increasing Security Screenings at Different Places
- Increasing Demand for ETD Devices
- High Costs of Operations and Maintenance
- Rising Investment in Detection Technology by Defense Sector
- Public Safety Hazards Owing to Use of Radioactive Sources
Key Target AudienceDevice Manufacturers, Raw material suppliers, Government associations, Research organisations and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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