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U.S. Explosive Detection Systems MarketsPublished by: Frost & Sullivan Published: Nov. 5, 2004 Table of Contents1. Excutive Summary 1. Market Overview 1. Introduction 2. Current Technology and Future Trends 3. Market Drivers a. Threat/threat Perception will Continue to Drive this Market b. Technological Innovation will Widen Market Applications c. The War in Iraq Brings Attention to the Market 4. Market Restraints a. Cost and its Effects on the Market b. Public Acceptance c. EDS Still Too Slow d. Government Inertia Slows Down the Market e. Reactionary Mind-set does not Recognize a Threat until its Too Late 2. Frost and Sullivan Awards 1. Entrepreneurial Company Award 2. Best Bang for the Buck Award 3. Market Leadership Award 4. Product Differentiation Innovation Award 5. Business Development Strategy Leadership Award 2. Explosive Detection Market 1. Market Forecasts and Trends 1. Market Analysis 2. Spending Forecast 3. Market Opportunities 4. Recent Market Developments 2. Competitive Market Analysis 1. Competitive Analysis 2. Competitive Factors 3. Decision Support Database 1. Selected DSD Tables 1. DSD (I) 2. DSD (II) 3. DSD (III) 4. DSD (IV) List Of Figures Chapter 1 Explosive Detection Market: Market Drivers (U.S.) 2003-2009 Explosive Detection Market: Market Restraints (U.S.) 2003-2009 Chapter 2 Explosive Detection Market: Spending Forecast (U.S.) 2001-2009 Explosive Detection Market: Competitive Structure (U.S.), 2003-2009 Explosive Detection Market: Market Share Trends of Major Market Participants (U.S.), 2003-2004 Explosive Detection Market: Competitive Product Analysis AbstractThreat Perception Accelerates Adoption of Explosive Detection SystemsThe 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 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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