What is the current Explosive Trace Detection Market size?

The Explosive Trace Detection Market is projected to register a CAGR of greater than 8% during the forecast period (2024-2029) Read More

Who are the key players in Explosive Trace Detection Market?

Teledyne FLIR LLC, OSI Systems, Inc., Leidos, Smiths Detection Group Ltd. and Analogic Corporation are the major companies operating in the Explosive Trace Detection Market. Read More

Which is the fastest growing region in Explosive Trace Detection Market?

Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Explosive Trace Detection Market?

In 2024, the North America accounts for the largest market share in Explosive Trace Detection Market. Read More

What years does this Explosive Trace Detection Market cover?

The report covers the Explosive Trace Detection Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Explosive Trace Detection Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Explosive Trace Detection Market - ETD

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

The Report Covers Global Explosive Trace Detection (ETD) Market Forecast & Analysis and it is Segmented by Product (Handheld, Portable/Movable, Fixed), End Use (Commercial, Defense, and Others), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle-East and Africa). The market size and forecasts are provided in terms of value (USD million) for all the above segments.

Explosive Trace Detection Industry Overview

The explosive trace detection market is fragmented in nature with the presence of several global and local players holding significant shares in the explosive trace detection market. Some prominent market players are Teledyne FLIR LLC, OSI Systems Inc., Leidos, Smiths Detection Group Ltd., and Analogic Corporation. Several players are involved in the design and development of advanced explosive trace detectors that are capable of detecting minute explosive particles.

Furthermore, the growing focus of ETD OEMs on business expansion through contracts, mergers and acquisitions, and agreements drive market growth. For instance, in April 2021, The Indian Institute of Technology (IIT)- in Bombay incubated NanoSniff Technologies developed the world's first micro-sensor-based explosive trace detector (ETD). It can detect explosives in less than 10 seconds and also identifies and categorizes explosives into different classes. It can detect all classes of conventional, military, and homemade explosives.