Frost Radar™: Explosive Trace Detectors, 2024

Aerospace, Defence and SecurityFrost Radar™: Explosive Trace Detectors, 2024

A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines

RELEASE DATE
12-Jan-2024
REGION
Global
Deliverable Type
Frost Radar
Research Code: PF55-01-00-00-00
SKU: AE_2023_506
AvailableYesPDF Download

$4,950.00

Special Price $4,455.00 save 10 %

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SKU
AE_2023_506

Frost Radar™: Explosive Trace Detectors, 2024
Published on: 12-Jan-2024 | SKU: AE_2023_506

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$4,950.00

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Explosive trace detector devices and systems detect and identify trace amounts of explosives, illicit substances, and narcotics in airports and transportation, critical infrastructure, and government facilities.

Revenue reached $6 billion globally in 2022 and is expected to grow significantly because of increasing security concerns, regulatory requirements, terrorist activities, defense expenditure, and demand for enhanced safety measures in critical national infrastructure.

Airports are the main customers because of stringent aviation security measures, stricter regulatory frameworks, and an ever- expanding global network. Prisons and border crossings follow.

The market is fragmented, with multiple multinational and local players offering a variety of products. Desktop-based detectors are expected to be the fastest-growing product type because of their portability and ease of use.

The future of the market will be shaped by emerging technologies such as next-generation mass spectrometry and artificial intelligence that will enhance detection accuracy while reducing operational expenses.

This Frost Radar™ benchmarks equipment providers and serves as a foundation for further in-depth analysis and decision- making for industry stakeholders, investors, and policymakers.

Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their vision, current capabilities and growth pipeline, go-to-market strategies, performance over the last three years, approach to innovation, understanding of Mega Trends, product portfolio, and alignment with customer requirements are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™ considering their strengths and the opportunities that best fit those strengths.

Explosive Trace Detectors 2024

  • Explosive Trace Detectors
Purchase includes:
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  • Growth Dialog™ with our experts

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A tailored session with you where we identify the:
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Explosive trace detector devices and systems detect and identify trace amounts of explosives, illicit substances, and narcotics in airports and transportation, critical infrastructure, and government facilities. Revenue reached $6 billion globally in 2022 and is expected to grow significantly because of increasing security concerns, regulatory requirements, terrorist activities, defense expenditure, and demand for enhanced safety measures in critical national infrastructure. Airports are the main customers because of stringent aviation security measures, stricter regulatory frameworks, and an ever- expanding global network. Prisons and border crossings follow. The market is fragmented, with multiple multinational and local players offering a variety of products. Desktop-based detectors are expected to be the fastest-growing product type because of their portability and ease of use. The future of the market will be shaped by emerging technologies such as next-generation mass spectrometry and artificial intelligence that will enhance detection accuracy while reducing operational expenses. This Frost Radar benchmarks equipment providers and serves as a foundation for further in-depth analysis and decision- making for industry stakeholders, investors, and policymakers. Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their vision, current capabilities and growth pipeline, go-to-market strategies, performance over the last three years, approach to innovation, understanding of Mega Trends, product portfolio, and alignment with customer requirements are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar . The publication presents competitive profiles of each company on the Frost Radar considering their strengths and the opportunities that best fit those strengths.
More Information
Deliverable Type Frost Radar
Industries Aerospace, Defence and Security
No Index No
Is Prebook No
Keyword 1 Explosive Detection Technology Trends
Keyword 2 Security Industry Insights
Keyword 3 Explosive Detection Market Forecast
Podcast No
WIP Number PF55-01-00-00-00