Explosive Detection Technology Market Size, Share, Trends, Demand, Segments, Leading Companies and Forecast till 2024
Explosive Detection Technology Market Size, Share, Trends, Demand, Segments, Leading Companies and Forecast till 2024
Blog Article
Explosive detection technology market is anticipated to grow at a CAGR of 6.3% during the forecast period (2024-2031). The explosive detection technology market is driven by increasing security concerns, stringent regulations, technological advancements, increasing air passenger traffic, military modernization programs, investments in R&D, emerging new threats, integration of AI and ML, growing demand for non-intrusive screening solutions, and public safety concerns. These factors drive the adoption of explosive detection technologies across sectors such as transportation, aviation, defense, law enforcement, and critical infrastructure protection. Advancements in sensor technologies, such as trace detection systems and X-ray scanners, improve detection accuracy and speed. The growing demand for non-intrusive screening solutions and public safety concerns further drive the adoption of explosive detection technologies.
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The increasing number of passengers and flights drives explosive detection technology market expansion owing to the increasing demand for aviation security solutions. According to the Government of India, in April 2023, the domestic airlines transported 112.9 million passengers in 2022 compared to 87.4 million in 2022, a 29.1% increase. Airlines carried 45.9 million international passengers between January and September 2023, a noteworthy 39.6% increase over the 32.9 million passengers carried over the same period in 2022.
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Market Coverage
Market number available for – 2024-2031
Base year- 2024
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others
Global Explosive Detection Technology Market Report Segment
By Technology Type
Trace Detector
Bulk Detector
By Function
Manual
Handheld
Automated
By End-User
Airport
Critical Infrastructure
Ports and Borders
Military and Defense
Global Explosive Detection Technology Market Report Segment by Region
North America
United States
copyright
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World
Latin America
Middle East & Africa
The Report Covers
Market value data analysis of 2023 and forecast to 2031.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global explosive detection technology market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying ‘who-stands-where’ in the market.
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