Global Explosive Detection Equipment Market Report 2023: Stringent Government Regulations Pertaining to Safety in Public Areas Boosts Growth

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May 03, 2023, 13:45 ET

DUBLIN, May 3, 2023 /PRNewswire/ -- The "Global Explosive Detection Equipment Market by Product Type (Ground-Mounted Screeners, Handheld Detectors, Robotics), Mobility (Fixed, Portable), End-Use - Cumulative Impact of High Inflation - Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.

The Global Explosive Detection Equipment Market size was estimated at USD 7,291.23 million in 2022, USD 7,943.79 million in 2023, and is projected to grow at a CAGR of 9.40% to reach USD 14,967.13 million by 2030.

Market Dynamics

Drivers

Rising Terrorist Activities Across the Globe
Stringent Government Regulations Pertaining to Safety in Public Areas
Increasing Expenditure on Military Equipment

Restraints

High Cost of Explosive Equipment

Opportunities

Advancements in Technology and Design
Introduction of Laser Spectroscope Detection Technology

Challenges

Risk of Cyber Attack

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make better decisions. In this report, the years 2018 and 2021 are considered as historical years, 2022 as the base year, 2023 as the estimated year, and years from 2024 to 2030 are considered as the forecast period.

Market Segmentation & Coverage:

Based on Product Type, the market is studied across Ground-Mounted Screeners, Handheld Detectors, Robotics, and Vehicle-Mounted Mobile Detectors.
Based on Mobility, the market is studied across Fixed and Portable.
Based on End-Use, the market is studied across Aviation, Cargo & Transport, Military & Defense, and Public Places.
Based on Region, the market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes vendors in the Global Explosive Detection Equipment Market. based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) and placed into four quadrants (F: Forefront, P: Pathfinder, N: Niche, and V: Vital). The Global Explosive Detection Equipment Market FPNV Positioning Matrix representation/visualization further aids businesses in better decision-making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market, providing the idea of revenue generation into the overall market compared to other vendors in the space. This provides insights on vendors performance in terms of revenue generation and customer base compared to others. The Global Explosive Detection Equipment Market Share Analysis offers an idea of the size and competitiveness of the vendors for the base year. The outcome reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report answers questions such as:

1. What is the market size and forecast of the Global Explosive Detection Equipment Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Explosive Detection Equipment Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Explosive Detection Equipment Market?
4. What is the competitive strategic window for opportunities in the Global Explosive Detection Equipment Market?
5. What are the technology trends and regulatory frameworks in the Global Explosive Detection Equipment Market?
6. What is the market share of the leading vendors in the Global Explosive Detection Equipment Market?
7. What modes and strategic moves are considered suitable for entering the Global Explosive Detection Equipment Market?

Key Topics Covered:

1. Preface

2. Research Methodology

3. Executive Summary

4. Market Overview

5. Market Insights

6. Explosive Detection Equipment Market, by Product Type

7. Explosive Detection Equipment Market, by Mobility

8. Explosive Detection Equipment Market, by End-Use

9. Americas Explosive Detection Equipment Market

10. Asia-Pacific Explosive Detection Equipment Market

11. Europe, Middle East & Africa Explosive Detection Equipment Market

12. Competitive Landscape

13. Company Usability Profiles

14. Appendix

Companies Mentioned

Analogic Corporation
Chemring Group PLC
Cobham Plc
Flir Systems, Inc.
Implant Science Corporation
L-3 Technologies, Inc.
Leidos Holdings Inc.
Novo Dr Ltd.
Nuctech Co. Ltd.
OSI Systems
Safran SA
Smiths Group Plc
Westminster International Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/bd11u1

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