Explosive Trace Detection (ETD) - Global Strategic Business Report

Global Explosive Trace Detection (ETD) Market to Reach $2.8 Billion by 2030

The global market for Explosive Trace Detection (ETD) estimated at US$1.2 Billion in the year 2022, is projected to reach a revised size of US$2.8 Billion by 2030, growing at a CAGR of 11.4% over the analysis period 2022-2030. Handheld, one of the segments analyzed in the report, is projected to record 11.4% CAGR and reach US$1.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Portable / Movable segment is readjusted to a revised 12.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $317.5 Million, While China is Forecast to Grow at 17% CAGR

The Explosive Trace Detection (ETD) market in the U.S. is estimated at US$317.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$685.6 Million by the year 2030 trailing a CAGR of 17% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.2% and 10.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.4% CAGR.

Select Competitors (Total 37 Featured) -

• Autoclear US (Formerly Control Screening LLC)
• Biosensor Applications AB
• DetectaChem LLC
• Electronic Sensor Technology
• Hitachi Ltd
• ICx Technologies (Flir)
• Implant Sciences Corp.
• Ion Applications Inc.
• Ketech Defence
• Mistral Security Inc
• Morpho Detection Inc.
• NUCTECH Co. Ltd
• Red X Defense
• SCANNA MSC Ltd.
• Scent Detection Technologies
• Scintrex Trace
• Sibel Ltd
• Smiths Detection
• Syagen Technology
• Thermo Fisher Scientific Inc.
• Westminster International Ltd.

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
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