Impact of covid-19 on Explosive Detection Technologies Market
Terrorist acts (such as mid-air explosions and plane hijackings) have become more common in recent years, causing security agencies and other high-profile businesses, particularly airports, to focus more on establishing various security measures.
Attacks like the March 2016 terror assault at Brussels Airport and the June 2016 suicide bombing at Istanbul Atatürk Airport have transformed the airline industry's threat perception. Various governments throughout the world are now concentrating their efforts on upgrading existing airport security arrangements in their various countries.
In August 2016, the Indian government mandated security audits at all of the country's airports.
Increasing Terror Threat Perception Worldwide to Boost Demand for Explosive Detection Technologies Market
Increased terrorist assaults around the world, particularly in Iran and Syria, have raised global terror threat perceptions. Since 2011, seven terrorist attacks have occurred in Europe's various countries. Terrorist assaults in France on Bastille Day in 2016 and a separate event of an attack on a restaurant in Bangladesh have heightened government focus on strengthening counter terrorism infrastructure in their respective countries.
As a result, there is a growing demand for improved explosive detection devices to assist mitigate the possibility of assaults. As a result, players in the explosive detection technologies market are concentrating on upgrading their products in order to meet the growing need for reliable explosives detection technologies.
Manufacturers to Focus on Commercialization of Low-cost Devices
Chemical explosives have replaced metal explosives due to the increased use of improvised explosive devices. Trained dogs or physical technologies like gas chromatography with mass spectrometers, electronic detection devices, and electrochemical procedures, among others, are very sensitive, selective, and costly.
Equipment costs are projected to be reduced as portable and smaller devices are developed. As a result, creating low-cost devices for detecting chemical explosives in the shortest amount of time could present significant potential for manufacturers in the explosive detection technologies market.
Mass Spectroscopy for Automatic Detection of Explosive Substances to be Profitable
As security has improved, there has been an increase in demand for explosive detection devices that can quickly detect samples of explosive materials adhering to luggage and postal mail surfaces. Companies are offering mass spectrometry-based explosive detection devices to the market in order to reduce inspection time.
Inspection of dangerous and explosive substances can be carried out without slowing down visitor flow by combining this explosive detection equipment with commonly installed X-ray-based detection equipment.
This kind of inspection is expected to deliver great accuracy in the detection of dangerous goods, and it has been identified as a potential investment opportunity for explosive detection technology producers.
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