Explosive Trace Detection (ETD) Market Size, Share & Trends Analysis Report By Product Type (Handheld, Vehicle-Mounted), By Application (Military & Defense, Public Safety, Transportation), And Segment Forecasts, 2018 - 2025

Industry Insights

The global explosive trace detection (ETD) market size was valued at USD 977.8 million in 2016 and is expected to register a CAGR of 10.5% over the forecast period. Increasing government regulations for enhanced security screening is a prime factor driving market growth. A rise in terrorist activities across the globe has further elevated demand for these devices and services.

Explosive trace detectors offer advanced features such as integrated GPS, which enables users to receive precise target location and store and share data with other users via wired and wireless connection for enhancing communication. Additionally, they enable users to receive clear images of materials identified through the touchscreen color display.

These devices utilize Ground Penetrating Radar (GPR) technology, which allows users to detect and identify both organic and inorganic materials such as explosives, narcotics, and drugs. They also offer features such as expandable libraries, which assists users in storing large amounts of data.

Factors such as high costs associated with the development and maintenance of explosive trace detectors, coupled with decreasing defense expenditure in developed countries, are likely to hamper the market growth. Furthermore, stringent government regulations pertaining to security screening equipment are expected to hinder the market.

Application Insights

Demand for 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 devices. This segment is expected to register the fastest growth in the explosive trace detection market.

Explosive trace detectors offer functionalities such as LED indicator lights, audible alarms, real-time sensor mapping, and enhanced battery life, which are ideal for military and defense, commercial, transportation, and other sectors. These functions enable users to experience enhanced safety. Explosive trace detectors also provide firmware updates via Wi-Fi connectivity, which keeps the device updated with the latest software.

They feature touchscreen LCD displays that display information pertaining to battery consumption. This feature allows users to manage device usage. Furthermore, explosive trace detectors enable users to store history files and share data from a device via wired and wireless connections, thereby enhancing communication.

Product Type Insights

Handheld detectors are expected to emerge as the fastest-growing segment over the forecast period. Features such as tri-mode operation and open database offer enhanced detection and convenience to users. The market is anticipated to expand at a CAGR of 10.7% over the forecast period.

Vehicle-mounted explosive trace detectors offer features such as Optical Character Recognition (OCR), bumper-to-bumper scanning, and easy match feature. These features enable users to identify each container as it is scanned without consuming much time.

Demand for other detectors such as robotics-based and biosensors is anticipated to increase owing to technological advancements and components such as an onboard computer, compass, and accelerometers offered by these detectors. The segment is expected to exhibit a CAGR of 10.2% over the forecast period.

Regional Insights

The North American market held the largest share in 2016, owing to the presence of prominent explosive trace detector providers such as Autoclear, LLC, and L3 Technologies, Inc. The Asia Pacific region, on the other hand, is expected to witness higher growth opportunities due to the rising demand for public safety and law enforcement. Development activities undertaken by various defense organizations in the field of explosive trace detection are also boosting the market growth. Additionally, increased adoption of these devices in other segments, such as transportation and logistics, is driving the growth of the regional market.

In the MEA region, investments made by prominent explosive trace detector providers such as Chemring Group PLC is bolstering the market growth. For instance, Chemring Group PLC inaugurated its new office in the United Arab Emirates (UAE) to enhance its position in the UAE detection market.

Explosive Trace Detection Market Share Insights

Prominent industry participants include Autoclear, LLC; Smiths Detection, Inc.; American Science and Engineering, Inc.; FLIR Systems, Inc.; OSI Systems, Inc.; Leidos Holdings, Inc.; and Analogic Corporation. Key players in the market are focusing on collaborating with other players. Moreover, they are making large investments in R&D to develop innovative solutions and gain a competitive edge over others.

Various companies also undertake mergers and acquisitions to stay ahead in the market. For instance, in 2016, OSI Systems, Inc. acquired American Science and Engineering, Inc., a developer, manufacturer, and marketer of detection products and X-ray inspection products. The acquisition was worth approximately USD 269 million and was aimed at expanding its screening solutions portfolio.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and analyzes the latest industry trends in each of the sub-segments from 2016 to 2025. For this study, Grand View Research has segmented the global explosive trace detection market report based on product type, application, and region:

• Product Type (Revenue, USD Million, 2014 - 2025)

  • Handheld

  • Vehicle-Mounted

  • Other Detectors

• Application Outlook (Revenue, USD Million, 2014 - 2025)

  • Military & Defense

  • Transportation & Logistics

  • Public Safety & Law Enforcement

  • Commercial

  • Others

• Regional Outlook (Revenue, USD Million, 2014 - 2025)

  • North America

    • The U.S.

    • Canada

  • Europe

    • The U.K.

    • Germany

  • Asia Pacific

    • China

    • Japan

    • India

  • South America

  • MEA