Explosive Trace Detection Market To Reach $2.65 Billion By 2030

Explosive Trace Detection Market Growth & Trends

The global explosive trace detection market size is expected to reach USD 2.65 billion by 2030, registering a CAGR of 8.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rise in terrorist activities across the globe and increasing the adoption of explosive trace detectors in public safety and law enforcement sectors have bolstered market growth. These devices enable users to experience enhanced security and detection capabilities.

The growing interest of explosive trace detector companies such as Chemring Group PLC in capturing a larger market share in regions such as Middle East is expected to drive the adoption of explosive trace detectors. Additionally, increasing commercial activities are bolstering market growth in the region.

The Asia Pacific regional market is expected to witness considerable growth, owing to the increasing need for public safety. Stringent government regulations pertaining to security screening is also bolstering the market growth. Additionally, increased defense budgets in developing countries in the region are boosting the market.

However, high costs pertaining to the development and maintenance of explosive trace detectors are expected to hinder market growth. Therefore, device providers are focusing on developing affordable solutions that can be used in other application sectors, such as utilities and transportation.

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Explosive Trace Detection Market Report Highlights

• Handheld explosive trace detectors offer visual and audio alerts. Therefore, the segment is expected to exhibit the highest CAGR over the forecast period.

• Demand for explosive trace detectors is expected to increase in the public safety and law enforcement segment owing to benefits such as real-time 3D color images offered by these detectors.

• Asia Pacific is expected to emerge as the fastest-growing region over the forecast period due to increased adoption of explosive trace detectors by the transportation and logistics sector in the region.

Explosive Trace Detection Market Segmentation

Grand View Research has segmented the global explosive trace detection market based on product, technology, end use, region:

Explosive Trace Detection Product Type (Revenue, USD Million, 2018 - 2030)

• Handheld

• Portable/ Movable

• Fixed Point/ Standalone

Explosive Trace Detection Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Chemiluminescence

• Thermo- redox

• Amplifying Fluorescent Polymer

• Mass Spectrometry

• Ion Mobility Spectrometry

• Colorimetrics and Automated Colorimetric

Explosive Trace Detection End Use Outlook (Revenue, USD Million, 2018 - 2030)

• Commercial

• Defense

• Public Safety & Law Enforcement

• Others

Explosive Trace Detection Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

• Asia Pacific

  • Japan

  • China

  • India

  • Australia

  • South Korea

• Latin America

  • Brazil

• MEA

  • South Africa

  • South Arabia

  • UAE

List Of Key Players Explosive Trace Detection Market

• Analogic Corporation

• Autoclear

• Bruker

• DetectaChem

• Teledyne FLIR LLC

• Smiths Detection Group Ltd.

• American Innovations

• Westminster Group Plc

• Implant Sciences Group

• OSI Systems, Inc.