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Threat Detection Systems Market - Analysis, Technologies & Forecasts to 2022 - Expected to Reach $119.17 billion - Research and MarketsResearch and Markets has announced the addition of the "Threat Detection Systems Market by Detection Type, Product, Application, and Geography - Global Forecast to 2022" report to their offering. The threat detection systems market is expected to grow at a CAGR of 13.11% between 2016 and 2022 to reach USD 119.17 billion by 2022 from USD 48.38 billion in 2015. Threat of terrorism is the key factor which is increasing the demand for the threat detection devices including explosive detector, intrusion detector, radiological and nuclear detector, and others. Increasing demand for threat detection equipment, especially for commercial application, is one of the major factors fueling the growth of this market. The key restraining factor for the growth of the threat detection systems market is the complexities and high acquisition cost of these equipment. North America is expected to hold the largest share of the threat detection systems market during the forecast period, while the market in APAC is expected to grow at the highest rate during the same period. China, Japan, and India are some of the major countries driving the growth of the threat detection systems market in APAC. A significant number of prominent companies offering threat detection equipment are based in North America. This is one of the major factors driving the growth of the threat detection systems market in North America. Companies Mentioned:
Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Threat Detection Systems Market, By Detection Type 8 Threat Detection Systems Market, By Product 9 Threat Detection Systems Market, By Application 10 Geographic Analysis 11 Competitive Landscape 12 Company Profiles For more information about this report visit http://www.researchandmarkets.com/research/s6gbq8/threat_detection View source version on businesswire.com: http://www.businesswire.com/news/home/20161018006239/en/ |