Albany, New York, May 09, 2017: The rising demand for antiterrorism equipment and strict screening process to protect the people and infrastructure from terrorist attacks is boosting the demand for explosive detectors. Given this scenario, Market Research Reports Search Engine (MRRSE) has publicized the addition of a new market report to its vast online database with a title “Explosive Detectors Market - Global Industry Analysis, Size, Growth, Share, Trends and Forecast 2016 – 2024”. This report on global explosive detectors market is compiled with a purpose of updating the stakeholders about the ongoing market dynamics as well as future outlook of the global market.

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This market report provides a 360-degree assessment of the global explosive detectors market with painstaking insights, statistical estimations, classification and the competitive scenario. A comprehensive strategic study of the global market is included in the report, to help the existing and new market players in formulating business strategies. Market dynamics such as drivers, restraints, challenges, key ongoing trends and opportunities have been scrutinized in detail within the scope of the report. The report predicts that the global explosive detectors market is undergoing substantial growth in the recent years due to increasing terrorist activities across the world and government regulations for enhanced and competent security for the people. Additionally, rising security concerns in the civil aviation industry is also a major factor driving the global market. On the other hand, swelling cyber threats and risk of device failure is likely to hamper the growth of the market. Demand for modern, reliable and cost effective explosive detectors is anticipated to create lucrative opportunities for the vendors operating in global market.

For better analysis, the global explosive detectors market is segregated on the basis of product-type, technology, application and geographical region. On the basis of technology, the global explosive detectors market is divided into bulk detectors and trace detectors. Based on product-type, the market is segmented into handheld, vehicle mounted, robotics, and biosensors. Geographically, the key regions covered in the report are North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Among these regions, North America is likely to witness high adoption rate for explosive detectors across different verticals. Some of the major factors responsible for this growth are the presence of a large number of security companies and rising security threats.

Browse Full Report with TOC: http://www.mrrse.com/explosive-detectors-market

The global explosive detectors market is very competitive with several big and small vendors competing one another. Some of the major companies functioning in the global explosive detectors market are Safran SA, L-3 Communications Holdings Inc., Smiths Group PLC, OSI Systems Inc., Chemring group PLC, Implant Sciences Corporation, Nuctech Co. Ltd., Flir Systems Inc., American Science & Engineering Inc., Analogic Corporation and Leidos Holdings Inc. among others.

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