Global Threat Detection Systems Market, By Detection System (Explosive Detection, Radiological and Nuclear Detection, Narcotics Detection and Intrusion Detection), Product (Explosive and Narcotics Detectors, Personal Radiation Detectors (PRD), Dosimeters, Survey Meters, Identifiers, Photo-Ionization Detectors (PID), Air Samplers, Chemical Agent Detectors and Others), Application (Defence, Public Infrastructure, Commercial Places, Industrial, Institutional and Residential (Home Surveillance)), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Growing focus on the technological advancements by the major manufacturers, rising up gradation of existing infrastructure with advanced systems, and increasing application of threat detection systems for a wide range of applications such as defense, public infrastructure, and commercial places, industrial, institutional and residential applications are the major factors attributable to the growth of threat detection systems market. Data Bridge Market Research analyses that the threat detection systems market will exhibit a CAGR of 13.95% for the forecast period of 2021-2028.
Threat detection systems are the solutions that are used to detect threats through large and unrelated data sets using advanced technologies such as big data analytics. These threat detections systems are equipped with modern features and software that automatically identify the abnormalities in data in real time.
Rising globalization and growth in the volume of organizational data will emerge as the major market growth driving factor. Growing need for network visibility and efficient control, surging terrorism and geopolitical conflicts and rising need of large-scale surveillance at public gatherings will further aggravate the market value. Growing expenditure to undertake research and development proficiencies and stringent regulations imposed by the government to strengthen the security solutions will further carve the way for the growth of the market.
However, dearth of knowledge and technological expertise will act as a growth restraint for the market. High costs associated with the threat detection systems will further dampen the growth rate of the market. Lack of a strong IT infrastructure and technological limitations in the underdeveloped economies will further challenge the market growth rate.
This threat detection systems market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on threat detection systems market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Threat Detection Systems Market Scope and Market Size
The threat detection systems market is segmented on the basis of detection type, product and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- Based on detection type, the threat detection systems market has been segmented into explosive detection, bulk detectors, radiological and nuclear detection, narcotics detection and intrusion detection. Explosive detection segment is sub-segmented into trace and detectors and bulk detectors. Trace detectors segment is further bifurcated into ion-mobility spectrometry (IMS), thermo-redox, chemi-luminescence, colorimetric and mass spectrometry. Bulk detectors segment is further bifurcated into x-ray systems, neutron method-based systems and optical detectors. Radiological and nuclear detection segment is sub-segmented into chemical and biological detection and biological agents. Chemical and biological detection segment is further bifurcated into chemical agents, nerve agents, blister agents, choking agents and blood agents.
- Based on product, the threat detection systems market has been segmented into explosive and narcotics detectors, personal radiation detectors (PRD), dosimeters, survey meters, identifiers, photo-ionization detectors (pid), air samplers, chemical agent detectors and others. Explosive and narcotics detectors segment is sub-segmented into trace detectors and bulk detectors. Dosimeters segment is sub-segmented into electronic personal dosimeters (EPD), film bandage dosimeters, mosfet dosimeters, thermo-luminescent dosimeters (TLD) and quartz fibre dosimeters.
- Based on application, the threat detection systems market has been segmented into defense, public infrastructure, and commercial places, industrial, institutional and residential. Public infrastructure segment is sub-segmented into airports, railway stations, sports stadiums and others. Commercial places segment is sub-segmented into business offices, banks and financial institutions, lodging and warehouses. Institutional segment is sub-segmented into educational buildings and government buildings.
Threat Detection Systems Market Country Level Analysis
The threat detection systems market is analysed and market size, volume information is provided by country, detection type, product and application as referenced above.
The countries covered in the threat detection systems market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region dominates the threat detection systems market and will continue to flourish its trend of dominance during the forecast period. This is because of the increasing expenditure for research and development proficiencies in this region. Asia-Pacific region is projected to undergo substantial during the forecast period owing to the rising demand for better security across industrial, defense, commercial, and residential sectors.
The country section of the threat detection systems market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Threat Detection Systems Market Share Analysis
The threat detection systems market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to threat detection systems market.
The major players covered in the threat detection systems market report are Smiths Group plc, Stellar Cyber, Vectra AI, Inc., SYNAPSE TECHNOLOGY CORPORATION, TrapWire, Inc., FLIR Systems Inc., Thales Group., Safran, Rapiscan Systems., Chemring Group PLC, ChemImage Corporation., Mirion Technologies, Inc., Axis Communication AB, LogRhythm, Inc., Coptrz, Collins Aerospace, Lockheed Martin Corporation, Blighter Surveillance Systems Ltd and Analogic Corporation among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.