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Explosive Detection Equipment Market 2019-2023|Enhanced Security Mandate of Authorities to Boost Growth | Technavio

Technavio has been monitoring the explosive detection equipment market, and it is poised to grow by USD 3.10 bn during 2019-2023, progressing at a CAGR of 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio announced its latest market research report titled global explosive detection equipment market 2019-2023 (Graphic: Business Wire)

Enhanced security mandate of authorities has been instrumental in driving the growth of the market. However, challenges with confidence breach due to the sale of counterfeit products might hamper market growth. Request a free sample report

Explosive Detection Equipment Market 2019-2023: Segmentation

Explosive Detection Equipment Market is segmented as below:

Application

  • Hand-Held Detectors
  • Ground-Mounted Screeners
  • Vehicle-Mounted Mobile Detectors

Geographic segmentation

  • APAC
  • Europe
  • the Middle East and Africa
  • North America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR30664

Explosive Detection Equipment Market 2019-2023: Scope

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Our explosive detection equipment market report covers the following areas:

  • Explosive Detection Equipment Market size
  • Explosive Detection Equipment Market trends
  • Explosive Detection Equipment Market industry analysis

This study identifies advent of wearable explosive detection equipment as one of the prime reasons driving the explosive detection equipment market growth during the next few years.

Explosive Detection Equipment Market 2019-2023: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the explosive detection equipment market, including some of the vendors such as Chemring Group, Cobham, FLIR Systems, L3 Technologies, and Smiths Group. Backed with competitive intelligence and benchmarking, our research reports on the explosive detection equipment market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Explosive Detection Equipment Market 2019-2023: Key Highlights

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will assist explosive detection equipment market growth during the next five years
  • Estimation of the explosive detection equipment market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the explosive detection equipment market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of explosive detection equipment market vendors

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200204005665/en/

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