Explosive detection technology market is anticipated to grow at a CAGR of 6.3% during the forecast period (2024-2031). The explosive detection technology market is driven by increasing security concerns, stringent regulations, technological advancements, increasing air passenger traffic, military modernization programs, investments in R&D, emerging new threats, integration of AI and ML, growing demand for non-intrusive screening solutions, and public safety concerns. These factors drive the adoption of explosive detection technologies across sectors such as transportation, aviation, defense, law enforcement, and critical infrastructure protection. Advancements in sensor technologies, such as trace detection systems and X-ray scanners, improve detection accuracy and speed. The growing demand for non-intrusive screening solutions and public safety concerns further drive the adoption of explosive detection technologies.
Get Free Sample link @ https://www.omrglobal.com/request-sample/explosive-detection-technology-market
The demand for advanced security measures, such as explosive detection systems, to identify and stop terrorist attacks is highlighted by the rise in terrorist fatalities considering an improvement in prevalence. According to the Global Terrorism Index 2024 (GTI), presently continues to be a significant risk of terrorism globally. In 2023, there were 8,352 total terrorist fetalities, which is a 22.0% increase from the previous year. This has been the largest number since 2017. Fetalities have gone up by 5.0% even if the attacks of October 7th were excluded. This is despite a 22.0% decline in terrorist incidents to 3,350, which led to a 56.0% rise in the average number of fatalities per assault. This rate represents the lowest in over a decade.
full report of Explosive Detection Technology Market available @ https://www.omrglobal.com/industry-reports/explosive-detection-technology-market
- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Explosive Detection Technology Market Report Segment
By Technology Type
- Trace Detector
- Bulk Detector
By Function
- Manual
- Handheld
- Automated
By End-User
- Airport
- Critical Infrastructure
- Ports and Borders
- Military and Defense
Global Explosive Detection Technology Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global explosive detection technology market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/explosive-detection-technology-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404