Dublin, Feb. 22, 2022 (GLOBE NEWSWIRE) -- The "EDS (Tomographic Explosives Detection Systems) & BHS Market - 2022-2026 - with COVID-19 Impact" report has been added to ResearchAndMarkets.com's offering.
The report contains a thorough analysis of 5 vertical, 5 technology sectors and 5 regional markets, detailing 2019-2026 market size. According to the report, the market is expected to grow to $4.8 Billion by 2026.
According to the report, the 2022-2026 EDS and BHS market is affected by the following drivers and inhibitors:
- The COVID-19 pandemic changed the world. In a matter of a few months, the coronavirus pandemic infected millions and killed hundreds of thousands. The associated decline in GDP limited the 2020-2022 EDS and BHS products budgets
- New COVID-19 vaccines mean that the EDS and BHS market will recover by 2023
- The COVID-19 pandemic is forcing security organizations to change the way they operate. They have to focus on the cost-performance of new EDS and BHS and services
- The pandemic drove the decline of air passengers and public transportation, resulting in a 2020-2021 drop in EDS and BHS systems sales. These sectors markets are forecast to recover in 2022-2026
- Annually, billions of luggage items need screening at airports
- E-commerce growth during the pandemic resulted in a >50% hike in need to screen postal items
- Increasing demand for automated EDS systems, requiring less (or more sophisticated) human intervention, raises EDS & BHS equipment and systems (relative to security personnel)
- Increasing value-added EDS generated by 'soft' elements (software, data management, processing algorithms)
- Replacement of timeworn EDS & BHS products
- Contraband smuggling
- China's internal security policy
The report presents a thorough analysis of 5 vertical, 5 technology and 5 regional markets. Furthermore, the report provides updated extensive data of 11 leading EDS & BHS vendors.
Questions answered in this report include:
- What are the Tomographic Explosives Detection Systems (EDS) & BHS Market size, and what are the market trends during 2022-2026?
- What's the COVID-19 pandemic impact on the market?
- What are the EDS & BHS sub-markets that provide attractive business opportunities?
- What drives the EDS & BHS customers to purchase Tomographic Explosives Detection Systems (EDS) & BHS solutions and services?
- What are the EDS & BHS technology & services trends?
- What are the EDS & BHS Technology markets?
- SWOTs (Strengths, Weaknesses, Opportunities and Threats)?
- What are the challenges to market penetration & growth?
- What drives the EDS & BHS customers to purchase Tomographic Explosives Detection Systems (EDS) & BHS solutions and services?
Companies Mentioned
- Analogic Corporation
- Conveyor & Automation Technologies, Inc.
- Dalmec Inc.
- Eurologix Security Ltd
- Hamer-Fischbein
- Leidos, Inc.
- Nuctech Co. Ltd
- Rapiscan Systems, Inc.
- Ross & Baruzzini | Cage Inc.
- Siemens
- Smiths Detection Group Ltd
For more information about this report visit https://www.researchandmarkets.com/r/4sj9ei
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