DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/nfcjb6/explosive) has announced the addition of the "Explosive Detectors Market - Forecast to 2020" report to their offering.
The explosive detectors market size, in terms of value, is expected to grow from USD 3.56 Billion in 2015 to USD 6.12 Billion by 2020, at a CAGR of 11.4% between 2015 and 2020.
The explosive detectors market is driven by factors such as the rising terrorist activities across the globe, various government legislations for enhanced security screening, and increasing demand for tighter screening process and anti-terrorism activities.
The robotics-based explosive detectors is expected to hold the largest share of the market during the forecast period. The handheld explosive detectors market is expected to gain traction and grow at the highest CAGR in the next five years. This is the most sustainable product segment of the explosive detectors market owing to the low cost and ease of use. The explosive detectors market is also expected to witness growth in the public places and commercial verticals, with aviation vertical holding the largest market share during the forecast period.
Given the rise in the demand for explosive detectors in the public places and commercial verticals, the explosive detectors market finds huge opportunity in the next five years.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Market, By Technology
8 Market, By Product Type
9 Market, By Vertical
10 Market, By Geography
11 Competitive Landscape
12 Company Profiles
Companies Mentioned:
- American Science & Engineering, Inc.
- Analogic Corporation
- Chemring Group PLC
- Flir Systems, Inc.
- Implant Sciences Corporation
- L-3 Communications Holdings, Inc.
- Leidos Holdings, Inc.
- Nuctech Co. Ltd.
- OSI Systems, Inc.
- Safran SA
-
Smiths Group PLC
For more information visit http://www.researchandmarkets.com/research/nfcjb6/explosive
