Explosives Trace Detection Markets – Double Volume Over Next 5 years

Check out our latest research on this topic: Explosives Trace Detection (ETD): Technologies & Global Market – 2013-2020

Over the next five years, the US Explosive Trace Detection market can be expected to undergo significant growth.  HSRC’s latest report, “US Explosives Trace Detection (ETD) Technologies & Markets 2010-2014”, forecasts that US ETD markets will expand at a CAGR of 15%, from $182 million today to $421 million in 2014. 

 ETD Systems and Service Market Share by Application [%] – 2008 & 2014

ETDMarket 

Among the factors driving growth in the ETD market are:
  • The Obama administration’s commitment to accelerating the deployment of state-of-the-art airport cabin and checked-baggage screening systems;
  • Currently, no other modality can compete with ETD’s cost-performance in the detection and identification of explosives;
  • The need to secure over 15,000 government and private sector secured facilities;
  • Bi-partisan Congressional pressure on the TSA  to implement 100% air cargo screening on scheduled passenger flights; and
  • The proliferation of ETD-based People Screening Portals as a response to negative public reaction toward MM-Wave and X-Ray based People Screening Portals.

To get a better insight into this market research, please click HERE.