(MENAFN- America News Hour) In a recent published report, Kenneth Research has updated the market report for Explosives Trace Detection Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Explosives Trace Detection Market products.
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Kenneth Research has recently published a report on 'Explosives Trace Detection Market' which has been added into its pool of market research reports. The report provides a full assessment on the micro- and macro-environmental factors associated with the growth of the market by utilizing analytical tools such as Porter's five forces analysis and PESTEL analysis. Readers reading this report can find a comprehensive analysis on the growth prospects of the market, along with the potential business opportunities and the latest trends in the industry. Moreover, the study on Explosives Trace Detection Market focuses on the latest business dynamics, market challenges and growth drivers that are influencing the market growth, along with the market size and the compounded average growth rate (CAGR) for the forecast period 2021 2025.
Explosives Trace Detection Systems & Detectors (ETD) are a key modality in homeland security, military and public safety. Uses of ETD include air, sea and land transportation security, force protection, law enforcement, CIP and the private sector security.
A comeback of the Explosives Trace Detection (ETD) market is forecasted, generating a solid 2015-2022 CAGR of 6%.
The Explosive Trace Detection market growth is driven by the following:
The 2015-2016 ISIS-inspired and other terror groups attacks across Europe, Middle East and Africa drove governments to overhaul their counter terror explosives screening infrastructure and funding
The election of Donald Trump as U.S. president promising, throughout his campaign, a tough fight against Islamist extremism terror at home and abroad and to invest in law and order (e.g.,“I am the law-and-order candidate”), will boost the federal U.S. ETD-related budgets
During the past 3 years, explosive-based terror accounted for 56% of over 36,000 worldwide terror attacks.
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The“Explosives Trace Detection (ETD): Technologies & Global Market – 2017-2022” report, segmented into 43 submarkets offers for each submarket 2015-2016 data and assessments, as well as 2017-2022 forecast and analysis. In 610 pages, 130 tables and 135 figures, the report analyzes and projects the market and technologies from several perspectives, including:
The projected 2017-2022 growth of Air-Passengers and Air-Cargo CAGR of 5%
Growth of the Asia-Pacific and GCC airport industry markets
The need to replace or upgrade thousands of outdated ETD devices with state-of-the-art systems
The“Explosives Trace Detection (ETD): Technologies & Global Market – 2017-2022” report examines each dollar spent in the market via 5 orthogonal money trails: regional markets, national markets, vertical markets, technology markets and by revenue sources.
5 Vertical markets (transportation security, secured facilities, defense, 1st responders & others)
5 National markets (U.S., Saudi Arabia, China, India, Japan)
5 Regional markets
4 Revenue Sources: sales, MRO, training and other revenue sources
3 Product Configurations (hand-held, table-top and other ETDs)
Questions answered in this 2-volume 610-page mega report include:
What will the Explosives Trace Detection market size be in 2017-2022?
What are the key and pipeline Explosives Trace Detection technologies?
What are the key Explosives Trace Detection market trends?
What are the opportunities to increase your market share?
What is driving this market?
What are the inhibitors to your growth?
What are the risks to your market share?
Who are the key vendors in this market?
What are the threats faced by the key vendors?
The report presents:
24 Major ETD vendors profiles, products and prices Autoclear US (Formerly Control Screening LLC), Biosensor Applications AB, DetectaChem, LLC, Electronic Sensor Technology, Hitachi, Ltd, ICx Technologies (Flir), Implant Sciences Corp., Ion Applications, Inc., Ketech Defence, Mistral Security, Inc, Morpho Detection Inc., NUCTECH Co. Ltd, Red X Defense, SCANNA MSC Ltd., Scent Detection Technologies, Scintrex Trace, Sibel Ltd, Smiths Detection, Syagen Technology, Thermo Fisher Scientific Inc., Westminster International Ltd.
Market analysis (e.g., market dynamics, market drivers and inhibitors)
U.S. government contracts with Explosives Trace Detection suppliers (including general terms & conditions, price lists and more): Control Screening LLC, Federal Resources Supply Co., ICx Technologies Inc., Implant Sciences Corp, Laurus Systems Inc., Morpho Detection, Security 20/20 Inc., Security Detection, Smiths Detection, Treasure Electronics, Inc., Veteran Corps of America, Winvale Group.
Contact info of more than 550 potential ETD customers (authorized air-cargo screening facilities)
Dozens of current and pipeline Explosives Trace Detection technologies including: Ion Mobility Spectroscopy (IMS), ChemiLuminescence (Thermal Energy Analyzers), Electron Capture Detectors (ECD), Surface Acoustic Wave (SAW), Nanotechnology-enabled Technologies for Explosives Detection, Advanced Sample Collection, Dual Sensor ETD Technology, Chemical Warfare and Narcotics Trace Detectors, Receptor-based Technologies, Molecularly Imprinted Polymers, Nano-mechanical Sensors, Electronic Nose, Silica Micro-cantilever, Surface Enhanced Raman Scattering, Protein Coated Carbon Nanotubes, Piezo-resistive Polymer Cantilever, Inkjet Based Wireless ETD Sensor, Amino-silane Coated Nanowires Arrays, Free-surface Microfluidic Control of Surface-Enhanced Raman Spectroscopy, Molecularly Imprinted Polymers, Cantilever Nano Mechanical Sensors, Sensor Array and Neural Network, Temperature-Stepped Desorption, UV-PLF, Non-Contact Explosives Harvesting, Pulsed-Ultraviolet Laser Raman Spectroscopy, Nanowire-Nano-cluster Hybrids, Laser-Induced Breakdown Spectroscopy (LIBS), MEMS-Based Explosive Particle Detection, Remote Particle Stimulation, Laser Vaporization.
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SWOT analysis
Business opportunities
Over 1700 airports statistics: each airport segmented by country and its 2016 & 2020 screened items statistics
Product comparison tables
Product price lists: including list prices and U.S. government prices of 100's systems and their consumables
Competitive analysis & SWOT analysis
The report includes the following 18 Appendices:
Appendix A: Current Explosives & Narcotics Detection Technologies
Appendix B: Pipeline ETD Technologies
Appendix C: Pipeline ETD Systems by Configuration & Application
Appendix D: ETD Business Opportunities
Appendix E: ETD Products: Prices, Technologies, Detection Capabilities & Vendors Comparison
Appendix F: ETD Products Prices & Procurement Contracts
Appendix G: Checked Luggage EDS & ETD Screening Configurations
Appendix H: TSA Air Cargo Facility Regulations
Appendix I: TSA Checked Luggage Systems
Appendix J: The DOJ ETD Evaluation Protocol for 1st Responders
Appendix K: TSA Air Cargo Screening Technology List (ACSTL)
Appendix L: List of Authorized Air-Cargo on Scheduled Passenger Flights Screening Facilities
Appendix M: The Narcotics Trafficking“Industry”
Appendix N: Improvised & Military Explosives
Appendix O: Air Cargo ETD Screening
Appendix P: IATA, Boeing & ICAO Air Travel & Air Cargo Forecast to 2034
Appendix Q: IATA Airport Screening Checkpoints Recommended
Appendix R: Glossary & Abbreviations
Also see our Explosives & Weapons Detection Systems Market, Technologies & Industry – 2018-2025 report for additional information.
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