How big is the Europe Trace Detection Market?

The Europe Trace Detection Market size is expected to reach USD 610 million in 2024 and grow at a CAGR of 7.60% to reach USD 860 million by 2029. Read More

What is the current Europe Trace Detection Market size?

In 2024, the Europe Trace Detection Market size is expected to reach USD 610 million. Read More

Who are the key players in Europe Trace Detection Market?

Smiths Detection Group Ltd, Teledyne Flir LLC, Bruker Corporation, Autoclear, LLC and Leidos Holdings, Inc. are the major companies operating in the Europe Trace Detection Market. Read More

What years does this Europe Trace Detection Market cover, and what was the market size in 2023?

In 2023, the Europe Trace Detection Market size was estimated at USD 563.64 million. The report covers the Europe Trace Detection Market historical market size for years: 2022 and 2023. The report also forecasts the Europe Trace Detection Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Europe Trace Detection Market Size & Share Analysis - Industry Research Report

Europe Trace Detection Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The European Trace Detection Market Report is Segmented by Type (Explosive and Narcotics), Product (Handheld, Portable/Movable, and Fixed), End-User Industry (Commercial, Military and Defense, Law Enforcement, Ports and Borders, Public Safety, and Other End-User Industries), and Country (United Kingdom, Germany, France, and Rest of Europe). The Report Offers the Market Sizes and Forecasts for all the Above Segments in Value (USD).

Europe Trace Detection Industry Overview

The European trace detection market is semi-consolidated, with significant players like Smiths Detection Group, Leidos Holdings, Inc., Teledyne Flir LLC, Bruker Corporation, etc. The market players are innovating advanced products and processes to cater to consumers' needs through extensive investment in R&D, product launches, and collaborations.

In June 2024, Darktrace, a global firm in cybersecurity AI, unveiled its latest service: Darktrace Managed Detection & Response (MDR). This service melds Darktrace's top-tier detection and response capabilities with insights from its worldwide analyst team. By harnessing this potent blend, internal security teams benefit from AI-driven threat containment and expert alert oversight within Darktrace environments. This enables teams to redirect their focus towards more strategic initiatives, such as bolstering cyber resilience.
August 2023 - Bruker Corporation announced that Flughafen Zürich AG in Switzerland ordered 60 Bruker DE-tector flex narcotics and explosives trace detectors to support their airport security measures. The installations are planned over 24 months in 2024 and 2025 to improve the screening of passengers at Switzerland’s busiest airport. The next-generation, high-performance Bruker DE-tector flex systems will replace earlier explosive trace detectors at Zuerich Airport. First-generation Bruker ETD detectors have already been deployed at Geneva Airport in Switzerland. The new DE-tector flex systems are certified by ECAC (European Civil Aviation Conference) and utilize a non-radioactive ionization source.