Our analysis indicates that the explosive trace detection technologies market will reach a value of $830m in 2013, as governments seek to recapitalize old assets and procure new ones to cover screening requirements.
However, the impact of budget cuts and changes in operational procedures will constrain outlooks, and equivalent year-on-year growth cannot be taken for granted.
While the explosive trace detection market is forecast to grow almost continuously for the next ten years, it is also due to enter a period of significant readjustment that will diminish traditional end-user markets. However, the impact of this will be mitigated by a broadening of the demand base for such devices.
The author of the World Explosive Trace Detection (ETD) Market 2013-2023 report commented that “despite the poor outlook for growth in the next few years for this market’s traditional end-user groups, notably cargo & transport screening, a broadening of the demand base can only benefit the industry in the long term as suppliers access more reliable income streams and are less subject to the vagaries of government expenditure plans.”
The 145 page report contains 116 tables, charts and graphs that add visual analysis in order to explain developing trends within the explosive trace detection market. This report provides forecasts for the period 2013-2023 in terms of value (US$) for the global explosive trace detection market. The report segments the global market into 5 end user submarkets with forecasts from 2013-2023 for Law enforcement, Cargo & Transport, Military, Threat Infrastructure and Civil. The report further subdivides the explosive trace detection technologies into 7 products & service types with submarkets forecasts from 2013-2023 for Handheld ETD, Desktop ETD, Kit ETD, Fixed ETD, R&D, ETD Consumables and ETD Servicing & Operation In addition, 10 leading national explosive trace detection markets are forecast and analysed by visiongain over the period 2013-2023. The report provides profiles and market share data for the 10 leading companies operating within the explosive trace detection market, and includes 2 exclusive expert interviews with companies that are involved with trace detection – Vaporsens and Implant Sciences - providing expert insight alongside analysis.
The World Explosives Trace Detection (ETD) Technologies Market 2013-2023 report will be of value to current and future potential investors into the trace detection industry, as well as companies, agencies and research centres who wish to broaden their knowledge of the explosive trace detection market.
Source: ASDReports - Market Research
Date: Aug 6, 2013