Home > Media & Technology > Security and Surveillance > Explosive Detectors Market
Based on technology, the market is segmented into bulk detectors and trace detectors. The trace detector segment accounted for the largest market share with over 60% in 2023.
Based on product type, the explosive detectors market is divided into handheld, portable, and fixed/stationary. The handheld segment is fastest growing segment at a CAGR of over 10% in 2023. The market value of handheld explosive detectors is expected to reach over USD 8 billion by 2032.
North American explosive detectors market accounted for over 30% of the revenue share in 2023. This dominant position is primarily due to numerous aspects, including increased security concerns, significant investments in security infrastructure, and the presence of key industry participants.
North America, notably the United States, has been a primary target for terrorist activity, prompting both the government and the commercial sector to invest extensively in improved explosive detection systems. The Transportation Security Administration (TSA) and the Department of Homeland Security (DHS) have implemented stringent security regulations and standards, necessitating the deployment of sophisticated explosive detection systems across airports, public venues, and critical infrastructure.
The U.S. led the North American explosive detectors market, owing to significant security investments and the existence of prominent businesses such as L3Harris Technologies, Leidos Holdings, and Teledyne FLIR. Faced with persistent terrorism concerns, the United States undertakes tough regulatory measures, increasing demand for enhanced detection technology across a variety of industries. This strong economic foundation and substantial security budgets ensure that the United States retains its market supremacy over the anticipated decade.
Germany's strong position in the European security market is largely due to its stringent standards and proactive counter-terrorism policy. With a modernized industrial base and a focus on technology innovation, Germany has developed advanced detection systems for airports, seaports, and other facilities. To maintain its position, Germany needs to invest more in AI and machine learning-based security solutions, ensuring it remains the first in the explosives industry and can respond to emerging risks with various technology types.
Japan's explosive detector market is growing due to its emphasis on public safety and disaster preparedness. Advanced technology systems are installed in key transportation points like airports and railway stations to prevent threats. Japan's technological capabilities and investment in smart city projects accelerate the adoption of sophisticated security technologies. The reliability of explosive detection systems, required during global events like the Tokyo Olympics, has increased demand.
South Korea is experiencing rapid growth in the explosive detectors market due to growing security concerns and its strategic position in the Asia Pacific region. The country's importance in global commerce and trade, coupled with potential threats from geopolitical tensions, necessitates modern systems to detect explosives. These systems should protect critical infrastructure, such as transportation networks and public places. South Korea's explosive detectors industry is expected to grow further through technological advancements, government efforts to enhance security capabilities, and partnerships between sectors and academic institutions.