- USA, China, UK are the leading countries in the Global Explosive Trace Detection ETD Technologies Market
TechNavio, the independent London-based global research firm, today announced the publication of its research report on the Global Explosive Trace Detection (ETD) Technologies Market. The report finds emergence of dual sensor ETD technologies is a key trend in this market. The analysis is for the forecast period 2014-2018.
As per research analysis, vendors are trying to increase the value of ETD products by focusing on Dual Sensor ETD Technology that is enabling the detector to identify more than one signal, thus helping in multiple applications such as detecting both chemicals and traces. Added to this new feature, the user-friendliness of the products is also emerging as a new trend in the market because these products are easy to operate by untrained employees.
The APAC region will be the most attractive market for ETD manufacturers during the forecast period. This is mainly due to the rapid economic growth in China, Korea, Japan, and India. These countries are trying to improve their infrastructure and technology to the standards of developed nations, which is acting as a driving force for the Global Explosive Trace Detection market.
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentation, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
If you are interested in more information on this topic and our upcoming research on the Global Explosive Trace Detection (ETD) Technologies Market 2014-2018, please send an e-mail to media@TechNavio.com
About TechNavio
TechNavio is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.
TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of Global Explosive Trace Detection (ETD) Technologies Market. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.
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