New ARC Advisory Group research on explosive detection technologies reveals that the market for explosive detectors is growing rapidly due to the increase in the usage of automatic security equipment to detect explosives of small magnitude, depending upon the size of objects by using various technologies. Trace detectors and bulk detectors are two major technologies that play a vital role in the detection of explosives.
“Growing urbanization is driving the explosive detection technologies market. The urban security market is large but fragmented and unregulated. The major sub-segments, such as critical infrastructure, mass transit, and crowded spaces, have specific customer needs and challenges. Demand in each sub-segment is growing, driven by increasing urbanization and the response from public and private sector organizations to a wide and ever-increasing range of threats, as they seek to provide better protection for their customers, staff, and assets,” according to Vidya Prasad, Analyst at ARC Advisory Group and key author of ARC’s Explosive Detection Technologies Global Market Research report.
About the Explosive Detection Technologies Research
This ARC research explores current market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the explosive detection technologies market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts by region, revenue type, product type, and technology type.
This new research is available as a Concise Market Analysis Report (PDF) – which provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues.
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