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Global “Explosive Trace Detection (ETD) Market” report shows a detailed evaluation of the market, analysis, and discussion on important industry inclines, market size, market share forecast and profile of top industry players. the growth rate of the Explosive Trace Detection (ETD) market over the forecast period 2019-2023. Explosive Trace Detection (ETD) market includes drivers, restraints, risks, opportunities and challenges analysis.
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Explosive Trace Detection (ETD) market is giving the major share of 8.55% in 2018 and projected to grow at compound annual growth rate (CAGR) of more than almost 11% during forecast period 2019-2023.
About this market
The rapid increase in air passenger numbers has resulted in significant changes in the standard operating procedure (SOP) of airport terminals as they need to manage this growth with minimum capacity constraints while ensuring no lapses in security protocols. Terror threats have augmented the level of security at various checkpoints, resulting in the incorporation of advanced machinery to perform rapid scanning of people and baggage for explosives and other threats such as chemical weapons. Hence, companies are expanding their product offerings with compact systems to ensure minimal installation constraints in tight spaces at various entry and exit points in an airport. Thus, the growing adoption of advanced automated scanning systems will significantly contribute to the global ETD market during the forecast period. Our analysts have predicted that the explosive trace detection (ETD) market will register a CAGR of almost 11% by 2023.
Explosive Trace Detection (ETD) market report highlights the economy, past and emerging trend of industry, and availability of basic resources. furthermore, the market report explains development trend, analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out in the end, the report makes some important proposals for a new project of Explosive Trace Detection (ETD) market before evaluating its possibility.
Covered in this report
Report cover strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market. Explosive Trace Detection (ETD) Market include Market driver, Market trend, and Other prominent vendors.
Key Vendorsof Explosive Trace Detection (ETD) Market:
Dynamics of Explosive Trace Detection (ETD) Market
Market Driver: rapidly increase in passenger trafficMarket Trend: emergence of unmanned systems- based detectorsMarket Challenge: threat of fake positives from daily consumablesEvolution of concealment techniques used by terror organizations Global transport systems are targeted by terrorist organizations for inflicting mass casualties and causing substantial damage to the economy of a country. The frequency of terrorist attacks at surface transportation targets such as crowded train stations, commuter trains, subways, and substances. Increasing procurement levels are, therefore, expected to boost the global ETD market during the forecast period. Confidence breach due to sale of counterfeit products The global ETD market is subjected to global criticism due to the scams that the market witnessed during the last decade. The instances of widespread sales of counterfeit detectors to security agencies of various countries have lowered the level of confidence on the authenticity of handheld products. Moreover, the low trust levels have reduced the number of contracts placed for such devices, which, in turn, have limited the growth opportunities for the global ETD market.
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Geographical Segmentation of Explosive Trace Detection (ETD) Market:
Objectives of Explosive Trace Detection (ETD) Market Report:
Detailed TOC of Global Explosive Trace Detection (ETD) Market 2019-2023
TOC of Explosive Trace Detection (ETD) Market ReportPART 01: EXECUTIVE SUMMARY PART 02: SCOPE OF THE REPORT •2.1 Preface •2.2 Preface •2.3 Currency conversion rates for US$ PART 03: MARKET LANDSCAPE •Market ecosystem •Market characteristics •Market segmentation analysis PART 04: MARKET SIZING •Market definition •Market sizing 2018 •Market size and forecast 2018-2023 PART 05: FIVE FORCES ANALYSIS •Bargaining power of buyers •Bargaining power of suppliers •Threat of new entrants •Threat of substitutes •Threat of rivalry •Market condition PART 06: MARKET SEGMENTATION BY APPLICATION •Market segmentation by application •Comparison by application •Infrastructure, border security, and public safety – Market size and forecast 2018-2023 •Defense – Market size and forecast 2018-2023 •Airport, transportation, and logistics security – Market size and forecast 2018-2023 •Market opportunity by application PART 07: CUSTOMER LANDSCAPE PART 08: GEOGRAPHIC LANDSCAPE •Geographic segmentation •Geographic comparison •North America – Market size and forecast 2018-2023 •APAC – Market size and forecast 2018-2023 •Europe – Market size and forecast 2018-2023 •MEA – Market size and forecast 2018-2023 •South America – Market size and forecast 2018-2023 •Key leading countries •Market opportunity PART 09: DRIVERS AND CHALLENGES •Market drivers •Market challenges PART 10: MARKET TRENDS •Advent of wearable explosive detection equipment •Emergence of unmanned systems-based detectors •Advent of AI tools in EDS •Emergence of Laser Spectroscopy Detection Technology PART 11: VENDOR LANDSCAPE •Overview •Landscape disruption •Competitive scenario PART 12: VENDOR ANALYSIS •
No. of Pages: – 124
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