Explosive Trace Detection ETD Market

The development of an advanced explosive trace detector (ETD) is driving the market growth.

An explosive trace can be sampled from the surface of an object being examined using an explosive trace detection (ETD) system. The presence and kind of explosives are determined by analyzing the trace. Different steps are involved in the detection process, such as sample extraction, vaporization, separation, selection, ionization, analysis, etc. Increased terrorist activity ly spurs market expansion. The TSA approved the itemizer 5X trace detector from Rapiscan Systems in February 2021 for use in air cargo.

Better opportunities will arise in the coming years due to the introduction of cutting-edge technologies like machine learning, big data analytics, based interpretation, and smart sensors. The market's leading companies are concentrating on introducing cutting-edge technologies for increased accuracy.

The latest version of the sophisticated detector mounted on the FLIR Systems Packbot unmanned ground vehicle (UGV) was introduced in November 2019 as the FLIR Fido X4. The Fido X4 uses the business' TrueTrace detection technology and a five-channel sensor array. As a result, it offers extremely accurate detection of different explosives at nano-gram to sub-nano-gram levels. It can detect industrial, commercial, and homemade explosives within ten seconds. Furthermore, IDenta Corporation introduced TANKER in November 2019. It is a method for detecting explosive residue on people, objects, and surfaces.

Smiths Detection: Acquired Morpho Detection, including its ETD portfolio, in a €760 million deal, strengthening its position in the ETD market and expanding its security solutions offerings. (September 2023)

Government regulations and laws governing security screening are driving the market's expansion. The Department of Homeland Security of the United States has authorized the Transportation Security Administration (TSA) to oversee traveler security nationwide. S. The goal of the security screening procedures used by TSA at airports is to stop threats and other illegal items from entering the sterile environment of the airport. An improvised explosive device (IED) was discovered in a bag on the grounds of the Mangalore International Airport in India in January 2020 by the Mangalore police.

Thus, the growing demand for ETD devices from defense and commercial applications drives the market's growth. Thus, driving the Explosive Trace Detection (ETD) market revenue.

The Global Explosive Trace Detection (ETD) Market Industry is experiencing heightened demand due to escalating security concerns across various sectors. Governments and organizations are increasingly investing in advanced ETD systems to mitigate threats from terrorism and criminal activities. For instance, airports and public transportation hubs are adopting these technologies to enhance passenger safety. In 2024, the market is projected to reach 6.81 USD Billion, reflecting the urgent need for reliable detection methods. This trend is likely to continue as global security challenges evolve, necessitating innovative solutions to safeguard public spaces.

By Region, the study provides market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North America Trace Detection (ETD) market will dominate this market. The growth is attributed to the highest defense expenditure and increasing procurement of next-generation ETD devices from law enforcement agencies. FLIR Systems, Inc., Morphix Technologies, OSI Systems, Inc., Leidos Holdings, and others are driving market growth in the region.

Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: EXPLOSIVE TRACE DETECTION (ETD) SHARE BY REGION 2022 (%)

Source Secondary Research, Primary Research, Market Research Future Database and Analyst Review

Europe’s Explosive Trace Detection (ETD) market accounts for the second-largest market share. The presence of key players such as Smiths Detection Group Ltd., RS DYNAMICS, Chemring Group PLC, and others boosts the market's development throughout the region. Rising terrorist attacks and mass shootings raise security concerns, creating a demand for explosive trace detection systems. Further, the German Explosive Trace Detection (ETD) market held the largest market share, and the UK Explosive Trace Detection (ETD) market was the fastest-growing market in the European region.

The Asia Pacific Explosive Trace Detection (ETD) Market is expected to grow at the fastest CAGR from 2023 to 2030. The increase is due to increased investments in aviation security screening from countries such as China, India, Japan, Australia, and others. Rising defense spending, an increasing number of airports, and rising terrorism in the Asia Pacific are driving market growth. Moreover, the India Explosive Trace Detection (ETD) market held the largest market share. The China Explosive Trace Detection (ETD) market was the fastest-growing market in the Asia Pacific region.

Leading market players are investing heavily in research and development to expand their product lines, which will help the Explosive Trace Detection (ETD) market grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Explosive Trace Detection (ETD) industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Explosive Trace Detection (ETD) industry to benefit clients and increase the market sector. The Explosive Trace Detection (ETD) industry has recently offered some of the most significant medical advantages.

Major players in the Explosive Trace Detection (ETD) market, including Smiths Detection Group Ltd. (UK), L3Harris Technologies Inc. (US), OSI Systems Inc. (US), Nuctech Company Limited (China), Teledyne FLIR LLC (US), Chemring Group PLC (UK), Analogic Corporation (US), Leidos Holdings Inc. (US), American Innovations Inc. (US), Biosensor Applications Sweden AB (Sweden) and others, are attempting to increase market demand by investing in research and development operations.

L3Harris Technologies Inc. (US) The American technology company Harris Corporation served as a defense contractor, provider of information technology services, and manufacturer of wireless equipment, tactical radios, electronic systems, night vision devices, and both terrestrial and spaceborne antennas for use in the public, private, and commercial sectors. Their areas of expertise included electronic warfare, microwave weapons, and surveillance systems. To create L3Harris Technologies in 2019, it merged with L3 Technologies.

Smiths Detection Group Ltd. (UK), Smiths Detection's threat detection and security screening technology protects people and infrastructure every minute of every day, making the world a safer place. We provide the solutions required to safeguard society against the threat and illegal movement of explosives, prohibited weapons, contraband, biological threats, toxic chemicals, and narcotics. Our mission is straightforward to provide the security, peace of mind, and freedom of movement the world requires. Smiths Detection’s presence, combined with strong relationships with distributors and representatives, enables the company to provide sales and service support to customers worldwide.

We have manufacturing facilities in France, Germany, Malaysia, the United Kingdom, and the United States, and some also serve as R&D centers of excellence. 17 countries will have sales and service centers to provide coverage.