Research Overview
Threat Perception Accelerates Adoption of Explosive Detection Systems
The 9/11 attacks have changed the dynamics of the explosive detection systems
(EDS) market across the globe. From a niche market poised for growth, it has
become a booming industry fueled by threat perceptions and the on-going efforts
to contain terrorism. Terrorists, functioning independently of nations, instill
immense fear and apprehension in civilians and governments alike with their
technical knowledge about explosives.
This Frost & Sullivan study on the U.S. EDS market analyzes the defense
and security segments for comprehensive information on growth opportunities,
vital trends, and includes strategic conclusions. The analysis also looks at
market restraints and drivers to enable participants in the EDS markets to plan
effectively.
Increased Security Expenditure Helps Ensure Civilian Security
Basic explosives do not require extensive technical knowledge and can be
created with materials commonly available in the United States ? Making
importation redundant. This heightens the threat posed by explosives to civilian
safety.
"Governments have increased efforts toward annihilating this threat
perception and raising security measures to ensure maximum civilian
protection," says the analyst of this research. "For instance, airline
security was greatly expanded when the Congress mandated all checked luggage be
screened for explosives before December 31, 2002, which was effectively
met."
Technical Innovations Key to Enhanced Market Growth
With pressure for increasing security measures mounting, authorities are
seeking innovative and technically enhanced products. Rising awareness levels
are also benefiting the industry by bringing in new money for research,
development, testing, and evaluation. "Once the Department of Defense (DoD)
recognizes a problem, the trickle-down of fresh money and ideas and an expanding
government market in general should have a positive effect upon the entire
market," says the analyst. "This will benefit the EDS segment by
lowering costs and improving technical quality by inventing speedier and
sensitive equipment with reduced chances of false alarms."
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