DUBLIN, June 2, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Explosive Detection Equipment Market 2017-2021" report to their offering.
The global explosive detection equipment market to grow at a CAGR of 8.51% during the period 2017-2021.
Global Explosive Detection Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is wearable explosive detection equipment. One of the most sort-after trends today in the field of technological devices is wearable products. These products can perform multiple operations.
According to the report, one driver in the market is increasing number of air passengers. The global aviation market is experiencing an exponential increase in the number of air passengers. It is expected that close to 7.2 billion passengers would travel by air in 2035, which is nearly double the number recorded in 2016 (3.8 billion). With this speeding number of passengers into airports, it becomes increasingly important for authorities to organize efficient facilities that consume minimal time in scanning passengers at the entry to terminal buildings.
Further, the report states that one challenge in the market is counterfeit products. The global explosive detection equipment market is facing severe problems with counterfeit products over the last couple of years. A number of cases have been registered against the sale and use of counterfeit products. Bomb detectors play a vital role in saving lives of people, and when these detectors fail to do the required task, they can result in adverse effects.
- FLIR Systems
- L3 Technologies
- Smiths Group
Other prominent vendors:
- Chemring Group
- General Electric (GE)
- Morphix Technologies
- Westminster Group
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by product type
Part 07: Geographical segmentation
Part 08: Decision framework
Part 09: Drivers and challenges
Part 10: Market trends
Part 11: Vendor landscape
Part 12: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/3pz6qg/global_explosive
Laura Wood, Senior Manager
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SOURCE Research and Markets