Date: Feb 27, 2014 Source: Business Wire (
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DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/76hgzd/global_explosive) has announced the addition of the "Global Explosive Trace Detection (ETD) Technologies Market 2014-2018" report to their offering.
The analysts forecast the Global Explosive Trace Detection market to grow at a CAGR of 13.03 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing demand for tighter screening process and antiterrorism activities. The Global Explosive Trace Detection market has also been witnessing advanced sample collection. However, the decrease in government spending could pose a challenge to the growth of this market.
Key vendors dominating this space are FLIR Systems, OSI Systems Inc., Safran S.A., and Smiths Group PLC.
Other vendors mentioned in the report are American Innovations, Autoclear, BAE Systems, BioSensor Applications, British Airways, Chemimage Corp., ChemSee, Chemspectra, CSECO, Darley Defense, DetectaChem, DSA Detection, Electronic Sensor Technology, Field Forensics, GE Security, Hitachi, Implant Sciences, Inscentinel, Ketech Defence, L-3, Law Enforcement Associates, Mistral Security, Nuctech company Ltd., Princeton Security Technologies, RED X Defence, SAIC, Scanna, Scent Detection Technologies, Spectra fluidics Inc., Thermo scientific, TraceTech Security, Vantage Integrated Security Solutions, Vaporsens, Veteran Corps of America, Westminster International Ltd., and Xplosafe LLC.
Commenting on the report, an analyst from the team said: The process of collecting samples is a basic and important step or process for conducting any experiment or research. Hence, improving the ETD products in terms of using advanced sample collection technology has emerged as a significant trend in the global market since this would help in product improvement and performance of better tests. These new ETD products have the ability to collect the required amount and particles of traces or materials from the object that has to be examined. This advanced sample collection technology can help the ETD devices to efficiently perform all the suspected tests to report the detection of any harmful materials. This new feature is expected to improve the performance of the leading vendors in the market and thereby propel the growth of the market over the next few years.
For more information visit http://www.researchandmarkets.com/research/76hgzd/global_explosive
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