Secure Point Technologies Inc (fka IMSCQ)

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LONDON, Oct. 26, 2015 /PRNewswire/ -- Paris Terror Drives Europe to Lead ETD Market Growth: CAGR 16%

Explosives and Narcotics Trace Detection (ETD) is a key modality within the Homeland Security, military and public safety infrastructure. Uses of ETD include air-sea-land transportation security, force protection, law enforcement, critical infrastructure protection and public safety.Following the January 2015 terror attacks in Paris we forecast that the demand for ETD systems will increase in the European aviation & public transportation security sector, secured facilities, first responders and public venues security.

The multibillion dollar ETD market is to undergo an accelerated growth period driven by:

The January 2015 Paris terror attack leading to a European security funding hike

No competitive explosives and narcotics trace detection products on the horizon

Oil-gas industry security needs

China's massive investments in new airports and public security

Middle Eastern terror

Latin America war on drugs

The Indian government counter terror investments

The U.S. and E.U. legislations enforcing 100% cargo screening on all passenger flights

Homeland Security Research Corporation analysts forecast that the 2015-2020 ETD market (including systems sales, service, consumables and upgrades) will present multi-billion dollar business opportunities growing at a CAGR of 14%.

http://www.prnewswire.com/news-releases/explosives--narcotics-trace-detection-etd-technologies--global-market--2015-2020-300166602.html