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Explosive Detector Market by Technology (Trace Detector and Bulk Detector), Product Type (Vehicle Mounted, Handheld, Robotics, and Others) and End User (Military & Defense, Cargo & Transport, Aviation, Public Places, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023

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Pages: 175
Jul 2017 | 2400 Views
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Author's : komal Sharma
Tables: 46
Charts: 65
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Explosive Detector Market Overview:

Global Explosive Detector Market accounted for $4,531 million in 2016, and is anticipated to reach $8,208 million by 2023, growing at a CAGR of 8.7% from 2017 to 2023. Explosive detector is a device used for detection of certain types and amounts of explosive material by coalescing all data from the operational subsystems and making a decision by a computer as to whether or not an alarm should be activated for subsequent resolution by other explosives-detection equipment or a human operator. Explosives detection technology has long been at the front in the fight against terrorism. Explosive detectors are an integral part of checkpoint and security screening for a wide range of applications.

These detectors offer extremely fast and stable detection with very high selectivity for explosives. They are also very easy to use. These are some key drivers assisting the explosive detector market. Moreover, increase in terrorist activities around the world is expected to accelerate the market. Risk of the failure of the explosive detector and improvised explosives are some of the factors slowing down the market growth. However, government regulations for greater and effective security checking is expected to provide lucrative opportunities to the market.

Market Segmentation

The global explosive detector market is segmented based on technology, product type, end user, and geography. By technology, the market is bifurcated into trace detector and bulk detector. In 2016, the bulk detector segment dominated the global market, in terms of revenue, and is expected to maintain this trend throughout the forecast period, owing to its high price and user-friendly application.

EXPLOSIVE DETECTOR MARKET MARKET SEGMENTATION

On the basis of end user, the market is categorized into military & defense, cargo & transport, aviation, public places, and others. The aviation segment dominated the global market, in terms of revenue, and is expected to maintain this trend. North America accounted for the highest revenue share in the global market in 2016, owing to the presence of key companies and high defense spending.

Geographical scenario

EXPLOSIVE DETECTOR MARKET GEOGRAPHICAL SCENARIO

Top Impacting Factors

EXPLOSIVE DETECTOR MARKET TOP IMPACTING FACTORS

Competition Analysis

Competitive analysis and profiles of the major market players such as Westminster International Ltd., Analogic Corporation, Chemring group PLC, Flir Systems, Inc., NOVO DR Ltd., L-3 Technologies, Inc., Cobham PLC, Nuctech Company Ltd., OSI Systems, Inc., and Smiths Detection is provided in this report.

Key Benefits

  • The study provides an in-depth analysis of the global explosive detector market to elucidate the prominent investment pockets.
  • Current trends and future estimations are outlined to determine the overall market potential and single out profitable trends to gain a stronger foothold in the market.
  • The report provides information about impact analysis and key drivers, restraints, and opportunities.
  • The market is analyzed based on various regions, namely, North America, Europe, Asia-Pacific, and LAMEA.

Explosive Detector Market Key Segments

By Technology

  • Trace Detector
  • Bulk Detector

By Product Type

  • Vehicle Mounted
  • Handheld
  • Robotics
  • Biosensors

By End User

  • Military & defense
  • Cargo & transport
  • Aviation
  • Public places
  • Others

By Geography

  • North America
    • U.S
    • Canada
    • Mexico
  • Asia-Pacific
    • China
    • Japan
    • India
    • Rest of Asia-Pacific.
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • LAMEA
    • Latin America
    • Middle East
    • Africa

KEY PLAYERS

  • Westminster International Ltd.
  • Analogic Corporation
  • Chemring group PLC
  • FLIR Systems, Inc.
  • NOVO DR Ltd.
  • L-3 Technologies, Inc.
  • Cobham PLC
  • Nuctech Company Ltd.
  • OSI Systems, Inc.
  • Smiths Detection

The other players in the value chain include (profiles not included in the report):

  • Hitachi, Ltd.
  • ICx Technologies
  • Mistral Security, Inc.
  • Scent Detection Technologies
 

Chapter: 1 INTRODUCTION

1.1.Report Description
1.2.Key Benefits for Stakeholders
1.3.Key Market Segments
1.4.Research Methodology

1.4.1.Secondary Research
1.4.2.Primary Research
1.4.3.Analyst Tools and Models

Chapter: 2 EXECUTIVE SUMMARY

2.1.CXO Perspective

Chapter: 3 MARKET OVERVIEW

3.1.Market Definition and Scope
3.2.Key Findings

3.2.1.Top Impacting Factors
3.2.2.Top Winning Strategies
3.2.3.Top Investment Pockets

3.3.Porter’s Five Forces Analysis
3.4.Market Share Analysis, 2016
3.5.Market Dynamics

3.5.1.Drivers
3.5.2.Restraint
3.5.3.Opportunity

Chapter: 4 EXPLOSIVE DETECTOR MARKET, BY PRODUCT TYPE

4.1.Overview

4.1.1.Market Size and Forecast

4.2.Vehicle Mounted

4.2.1.Introduction
4.2.2.Key Market Trends, Growth Factors, and Opportunities
4.2.3.Market Size and Forecast

4.3.Handheld

4.3.1.Introduction
4.3.2.Key Market Trends, Growth Factors, and Opportunities
4.3.3.Market Size and Forecast

4.4.Robotics

4.4.1.Introduction
4.4.2.Key Market Trends, Growth Factors, and Opportunities
4.4.3.Market Size and Forecast

4.5.Others

4.5.1.Introduction
4.5.2.Key Market Trends, Growth Factors, and Opportunities
4.5.3.Market Size and Forecast

Chapter: 5 EXPLOSIVE DETECTOR MARKET, BY TECHNOLOGY

5.1.Overview

5.1.1.Market Size and Forecast

5.2.Trace

5.2.1.Introduction
5.2.2.Key Market Trends, Growth Factors, and Opportunities
5.2.3.Market Size and Forecast

5.3.Bulk

5.3.1.Introduction
5.3.2.Key Market Trends, Growth Factors, and Opportunities
5.3.3.Market Size and Forecast

Chapter: 6 EXPLOSIVE DETECTOR MARKET, BY END-USER

6.1.Overview

6.1.1.Market Size and Forecast

6.2.Military & Defence

6.2.1.Introduction
6.2.2.Key Market Trends, Growth Factors, and Opportunities
6.2.3.Market Size and Forecast

6.3.Cargo & Transport

6.3.1.Introduction
6.3.2.Key Market Trends, Growth Factors, and Opportunities
6.3.3.Market Size and Forecast

6.4.Aviation

6.4.1.Introduction
6.4.2.Key Market Trends, Growth Factors, and Opportunities
6.4.3.Market Size and Forecast

6.5.Public Place

6.5.1.Introduction
6.5.2.Key Market Trends, Growth Factors, and Opportunities
6.5.3.Market Size and Forecast

6.6.Others

6.6.1.Introduction
6.6.2.Key Market Trends, Growth Factors, and Opportunities
6.6.3.Market Size and Forecast

Chapter: 7 EXPLOSIVE DETECTOR MARKET, BY GEOGRAPHY

7.1.Overview

7.1.1.Market Size and Forecast

7.2.North America

7.2.1.Introduction
7.2.2.Key Market Trends, Growth Factors, and Opportunities
7.2.3.Market Size and Forecast
7.2.4.U.S.

7.2.4.1.Market Size and Forecast

7.2.5.Canada

7.2.5.1.Market Size and Forecast

7.2.6.Mexico

7.2.6.1.Market Size and Forecast

7.3.Europe

7.3.1.Introduction
7.3.2.Key Market Trends, Growth Factors, and Opportunities
7.3.3.Market Size and Forecast
7.3.4.Germany

7.3.4.1.Market Size and Forecast

7.3.5.France

7.3.5.1.Market Size and Forecast

7.3.6.UK

7.3.6.1.Market Size and Forecast

7.3.7.Rest of Europe

7.3.7.1.Market Size and Forecast

7.4.Asia-Pacific

7.4.1.Introduction
7.4.2.Key Market Trends, Growth Factors and Opportunities
7.4.3.Market Size and Forecast
7.4.4.China

7.4.4.1.Market Size and Forecast

7.4.5.Japan

7.4.5.1.Market Size and Forecast

7.4.6.India

7.4.6.1.Market Size and Forecast

7.4.7.Rest of Asia-Pacific

7.4.7.1.Market Size and Forecast

7.5.LAMEA

7.5.1.Introduction
7.5.2.Key Market Trends, Growth Factors, and Opportunities
7.5.3.Market Size and Forecast
7.5.4.Latin America

7.5.4.1.Market Size and Forecast

7.5.5.Middle East

7.5.5.1.Market Size and Forecast

7.5.6.Africa

7.5.6.1.Market Size and Forecast

Chapter: 8 RELATED INDUSTRY INSIGHTS

8.1.Global Explosion Proof Equipment Market

8.1.1.Executive Summary

8.2.Global Industrial Explosives Market

8.2.1.Executive Summary

Chapter: 9 COMPANY PROFILES

9.1.Analogic Corporation

9.1.1.Company Overview
9.1.2.Operating Business Segments
9.1.3.Business Performance
9.1.4.Key Strategic Moves and Developments

9.2.Chemring Group Plc

9.2.1.Company Overview
9.2.2.Operating Business Segments
9.2.3.Business Performance
9.2.4.Key Strategic Moves and Developments

9.3.Cobham Plc

9.3.1.Company Overview
9.3.2.Operating Business Segments
9.3.3.Business Performance
9.3.4.Key Strategic Moves and Developments

9.4.FLIR Systems, Inc.

9.4.1.Company Overview
9.4.2.Operating Business Segments
9.4.3.Business Performance
9.4.4.Key Strategic Moves and Developments

9.5.Westminster International Ltd.

9.5.1.Company Overview
9.5.2.Operating Business Segments
9.5.3.Business Performance
9.5.4.Key Strategic Moves and Developments

9.6.L-3 Communication

9.6.1.Company Overview
9.6.2.Operating Business Segments
9.6.3.Business Performance
9.6.4.Key Strategic Moves and Developments

9.7.OSI Systems

9.7.1.Company Overview
9.7.2.Operating Business Segments
9.7.3.Business Performance
9.7.4.Key Strategic Moves and Developments

9.8.Smiths Detection

9.8.1.Company Overview
9.8.2.Operating Business Segments
9.8.3.Business Performance
9.8.4.Key Strategic Moves and Developments

9.9.Nuctech Co. Ltd.

9.9.1.Company Overview
9.9.2.Operating Business Segments
9.9.3.Key Strategic Moves and Developments

9.10.Novo Dr Ltd.

9.10.1.Company Overview
9.10.2.Operating Business Segments
9.10.3.Key Strategic Moves and Developments

LIST OF TABLES

TABLE 1.GLOBAL EXPLOSIVE DETECTOR MARKET, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 2.VEHICLE MOUNTED EXPLOSIVE DETECTOR MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 3.HANDHELD EXPLOSIVE DETECTOR MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 4.ROBOTICS EXPLOSIVE DETECTOR MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 5.OTHERS EXPLOSIVE DETECTOR MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 6.GLOBAL EXPLOSIVE DETECTOR MARKET, BY TECHNOLOGY, 2016-2023 ($MILLION)
TABLE 7.TRACE EXPLOSIVE DETECTOR MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 8.BULK EXPLOSIVE DETECTOR MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 9.GLOBAL EXPLOSIVE DETECTOR MARKET, BY END-USER, 2016-2023 ($MILLION)
TABLE 10.MILITARY & DEFENSE END-USER MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 11.CARGO & TRANSPORT END-USER MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 12.AVIATION END-USER MARKET, BY GEOGRAPHY, 2016-2023    ($MILLION)
TABLE 13.PUBLIC PLACE END-USER MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 14.OTHERS END-USER MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 15.EXPLOSIVE DETECTOR MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 16.NORTH AMERICA EXPLOSIVE DETECTOR MARKET, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 17.NORTH AMERICA EXPLOSIVE DETECTOR MARKET, BY END-USER, 2016-2023 ($MILLION)
TABLE 18.NORTH AMERICA EXPLOSIVE DETECTOR MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 19.EUROPE EXPLOSIVE DETECTOR MARKET, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 20.EUROPE EXPLOSIVE DETECTOR MARKET, BY END-USER, 2016-2023 ($MILLION)
TABLE 21.EUROPE EXPLOSIVE DETECTOR MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 22.ASIA-PACIFIC EXPLOSIVE DETECTOR MARKET, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 23.ASIA-PACIFIC EXPLOSIVE DETECTOR MARKET, BY END-USER, 2016-2023 ($MILLION)
TABLE 24.ASIA-PACIFIC EXPLOSIVE DETECTOR MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 25.LAMEA EXPLOSIVE DETECTOR MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 26.LAMEA EXPLOSIVE DETECTOR MARKET, BY END-USER, 2016-2023 ($MILLION)
TABLE 27.LAMEA EXPLOSIVE DETECTOR MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 28.ANALOGIC CORPORATION: COMPANY SNAPSHOT
TABLE 29.ANALOGIC CORPORATION: OPERATING SEGMENTS
TABLE 30.CHERMING GROUP PLC: COMPANY SNAPSHOT
TABLE 31.CHERMING GROUP PLC: OPERATING SEGMENTS
TABLE 32.COBHAM PLC: COMPANY SNAPSHOT
TABLE 33.COBHAM PLC: OPERATING SEGMENTS
TABLE 34.FLIR SYSTEMS INC.: COMPANY SNAPSHOT
TABLE 35.WESTMINSTER INTERNATIONAL LTD.: COMPANY SNAPSHOT
TABLE 36.WESTMINSTER INTERNATIONAL LTD.: OPERATING SEGMENTS
TABLE 37.L-3 COMMUNICATION: COMPANY SNAPSHOT
TABLE 38.L-3 COMMUNICATION: OPERATING SEGMENTS
TABLE 39.OSI SYSTEMS: COMPANY SNAPSHOT
TABLE 40.OSI SYSTEMS: OPERATING SEGMENTS
TABLE 41.SMITHS DETECTION: COMPANY SNAPSHOT
TABLE 42.SMITHS DETECTION: OPERATING SEGMENTS
TABLE 43.NUCTECH CO. LTD.: COMPANY SNAPSHOT
TABLE 44.NUCTECH CO. LTD.: OPERATING SEGMENTS
TABLE 45.NOVO DR LTD.: COMPANY SNAPSHOT
TABLE 46.ANALOGIC CORPORATION: OPERATING SEGMENTS

LIST OF FIGURES

FIGURE 1.MARKET SEGMENTATION
FIGURE 2.TOP IMPACTING FACTORS
FIGURE 3.TOP WINNING STRATEGIES: PERCENTAGE DISTRIBUTION (2014-2016)
FIGURE 4.TOP INVESTMENT POCKETS IN GLOBAL EXPLOSIVE DETECTOR MARKET, BY END-USER
FIGURE 5.BARGAINING POWER OF SUPPLIERS
FIGURE 6.BARGAINING POWER OF BUYERS
FIGURE 7.THREAT OF SUBSTITUTES
FIGURE 8.THREAT OF NEW ENTRANTS
FIGURE 9.INTENSITY OF COMPETITIVE RIVALRY
FIGURE 10.MARKET SHARE ANALYSIS, 2016
FIGURE 11.COMPARATIVE REGIONAL SHARE ANALYSIS OF VEHICLE MOUNTED EXPLOSIVE DETECTOR MARKET, 2016 & 2023 (%)
FIGURE 12.GLOBAL VEHICLE MOUNTED EXPLOSIVE DETECTOR MARKET, 2016-2023 ($MILLION)
FIGURE 13.GLOBAL VEHICLE MOUNTED EXPLOSIVE DETECTOR MARKET ANALYSIS, 2016 & 2023
FIGURE 14.COMPARATIVE REGIONAL SHARE ANALYSIS OF HANDHELD EXPLOSIVE DETECTOR MARKET, 2016 & 2023 (%)
FIGURE 15.GLOBAL HANDHELD EXPLOSIVE DETECTOR MARKET, 2016-2023 ($MILLION)
FIGURE 16.GLOBAL HANDHELD EXPLOSIVE DETECTOR MARKET ANALYSIS, 2016 & 2023
FIGURE 17.COMPARATIVE REGIONAL SHARE ANALYSIS OF ROBOTICS EXPLOSIVE DETECTOR MARKET, 2016 & 2023 (%)
FIGURE 18.GLOBAL ROBOTICS EXPLOSIVE DETECTOR MARKET, 2016-2023 ($MILLION)
FIGURE 19.GLOBAL ROBOTICS EXPLOSIVE DETECTOR MARKET ANALYSIS, 2016 & 2023
FIGURE 20.COMPARATIVE REGIONAL SHARE ANALYSIS OF OTHERS EXPLOSIVE DETECTOR MARKET, 2016 & 2023 (%)
FIGURE 21.GLOBAL OTHERS EXPLOSIVE DETECTOR MARKET, 2016-2023 ($MILLION)
FIGURE 22.GLOBAL OTHERS EXPLOSIVE DETECTOR MARKET ANALYSIS, 2016 & 2023
FIGURE 23.COMPARATIVE REGIONAL SHARE ANALYSIS OF TRACE EXPLOSIVE DETECTOR MARKET, 2016 & 2023 (%)
FIGURE 24.GLOBAL TRACE EXPLOSIVE DETECTOR MARKET, 2016-2023 ($MILLION)
FIGURE 25.GLOBAL TRACE EXPLOSIVE DETECTOR MARKET ANALYSIS, 2016 & 2023
FIGURE 26.COMPARATIVE REGIONAL SHARE ANALYSIS OF BULK EXPLOSIVE DETECTOR MARKET, 2016 & 2023 (%)
FIGURE 27.GLOBAL BULK EXPLOSIVE DETECTOR MARKET, 2016-2023 ($MILLION)
FIGURE 28.GLOBAL BULK EXPLOSIVE DETECTOR MARKET ANALYSIS, 2016 & 2023
FIGURE 29.COMPARATIVE REGIONAL SHARE ANALYSIS OF MILITARY & DEFENSE END-USER MARKET, 2016 & 2023 (%)
FIGURE 30.GLOBAL MILITARY & DEFENSE END-USER MARKET, 2016-2023 ($MILLION)
FIGURE 31.GLOBAL MILITARY & DEFENSE END-USER MARKET ANALYSIS, 2016 & 2023
FIGURE 32.COMPARATIVE REGIONAL SHARE ANALYSIS OF CARGO & TRANSPORT END-USER MARKET, 2016 & 2023 (%)
FIGURE 33.GLOBAL CARGO & TRANSPORT END-USER MARKET, 2016-2023 ($MILLION)
FIGURE 34.GLOBAL CARGO & TRANSPORT END-USER MARKET ANALYSIS, 2016 & 2023
FIGURE 35.COMPARATIVE REGIONAL SHARE ANALYSIS OF AVIATION END-USER MARKET, 2016 & 2023 (%)
FIGURE 36.GLOBAL AVIATION END-USER MARKET, 2016-2023 ($MILLION)
FIGURE 37.GLOBAL AVIATION END-USER MARKET ANALYSIS, 2016 & 2023
FIGURE 38.COMPARATIVE REGIONAL SHARE ANALYSIS OF PUBLIC PLACE END-USER MARKET, 2016 & 2023 (%)
FIGURE 39.GLOBAL PUBLIC PLACE END-USER MARKET, 2016-2023 ($MILLION)
FIGURE 40.GLOBAL PUBLIC PLACE END-USER MARKET ANALYSIS, 2016 & 2023
FIGURE 41.COMPARATIVE REGIONAL SHARE ANALYSIS OF OTHERS END-USER MARKET, 2016 & 2023 (%)
FIGURE 42.GLOBAL OTHERS END-USER MARKET, 2016-2023 ($MILLION)
FIGURE 43.GLOBAL OTHERS END-USER MARKET ANALYSIS, 2016 & 2023
FIGURE 44.U.S. EXPLOSIVE DETECTOR MARKET, 2016-2023 ($MILLION)
FIGURE 45.CANADA EXPLOSIVE DETECTOR MARKET, 2016-2023 ($MILLION)
FIGURE 46.MEXICO EXPLOSIVE DETECTOR MARKET, 2016-2023 ($MILLION)
FIGURE 47.GERMANY EXPLOSIVE DETECTOR MARKET, 2016-2023 ($MILLION)
FIGURE 48.FRANCE EXPLOSIVE DETECTOR MARKET, 2016-2023 ($MILLION)
FIGURE 49.UK EXPLOSIVE DETECTOR MARKET, 2016-2023 ($MILLION)
FIGURE 50.REST OF EUROPE EXPLOSIVE DETECTOR MARKET, 2016-2023 ($MILLION)
FIGURE 51.CHINA EXPLOSIVE DETECTOR MARKET, 2016-2023 ($MILLION)
FIGURE 52.JAPAN EXPLOSIVE DETECTOR MARKET, 2016-2023 ($MILLION)
FIGURE 53.INDIA EXPLOSIVE DETECTOR MARKET, 2016-2023 ($MILLION)
FIGURE 54.REST OF ASIA-PACIFIC EXPLOSIVE DETECTOR MARKET, 2016-2023 ($MILLION)
FIGURE 55.LATIN AMERICA EXPLOSIVE DETECTOR MARKET, 2016-2023 ($MILLION)
FIGURE 56.MIDDLE EAST EXPLOSIVE DETECTOR MARKET, 2016-2023 ($MILLION)
FIGURE 57.AFRICA EXPLOSIVE DETECTOR MARKET, 2016-2023 ($MILLION)
FIGURE 58.ANALOGIC CORPORATION: COMPANY SNAPSHOT
FIGURE 59.CHERMING GROUP PLC: COMPANY SNAPSHOT
FIGURE 60.COBHAM PLC: COMPANY SNAPSHOT
FIGURE 61.FLIR SYSTEMS INC.: COMPANY SNAPSHOT
FIGURE 62.WESTMINSTER INTERNATIONAL LTD.: COMPANY SNAPSHOT
FIGURE 63.L-3 COMMUNICATION: COMPANY SNAPSHOT
FIGURE 64.OSI SYSTEMS: COMPANY SNAPSHOT
FIGURE 65.SMITHS DETECTION: COMPANY SNAPSHOT

 

The global explosive detector market is expected to witness significant growth in the near future owing to rise in security concerns in the European countries and cross-border conflicts in Asia-Pacific. Earlier, explosive detectors were primarily used in aerospace & defense applications. However, with the advent of advanced technology and increase in awareness about the benefits of explosive detectors, other industries including aviation, cargo & transport and government sectors also adopt explosive detectors to efficient security checking. Key players in the market develop highly sensitive explosive detectors that play a critical role in detection and identification of several explosive materials. Higher security concerns and government regulations in the market, have pushed organizations to adopt explosive detectors, which fuels the growth of the explosive detector market.

Major players in the market are developing low cost, compact, affordable, and energy efficient explosive detectors. These customized affordable explosive detectors are aimed at serving the needs of small and medium-sized enterprises. Increase in government spending in defense sector also provide a major growth opportunity to the players in the market. There have been substantial investments for R&D by public and private organizations in the market to explore further technologies and applications of explosive detectors. However, high prices, complex technologies, and less accuracy in case of improvised explosives restrict the growth of the market. Deteriorated performance in harsh conditions also limit their adoption. In 2016, North America was the major revenue contributor, followed by Europe. In the coming years, growth of explosive detectors in LAMEA and Asia-Pacific it is expected to increase tremendously.

Key players in the explosive market, which include Westminster International Ltd., Analogic Corporation, Chemring group PLC, Flir Systems, Inc., NOVO DR Ltd., L-3 Technologies, Inc., Cobham PLC, Nuctech Company Ltd., OSI Systems, Inc., and Smiths Detection are engaged in the process of product innovation, collaboration, and acquisition to expand their services across various geographies.

 

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