Puffer Machines Market to Witness Growth Acceleration During 2018 to 2028

Posted May 22, 2019 by shshah

Fact.MR has announced the addition of the “ Puffer Machines Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2028"report to their offering.
Global Puffer Machines Market: Overview

Extensively enriching security awareness and rapidly emerging technological innovations for security purposes has led to the high growth of puffer machines market. A puffer machine, also termed as trace portal machine, is a new technology security device that aims to detect explosive and drugs at high sensitive areas like airport security screening, border crossing etc. Due to the decreasing efficiency of traditional X-ray machines, puffer machines are being used extensively as a secondary or substitute screening device for more efficient results. Puffer machines has applications in areas such as military and aerospace security check, nuclear plants screening, border checks, commercial places and airport security screening. Due to more sensitivity of Mass Spectrometry (MS) technology based puffer machines than Ion Mobility Spectrometry (IMS) technology, MS technology will experience high growth in the puffer machines market during the forecast period. Innovations, such as less power consumption, less space requirement and easy maintenance are some of the key trends driving the growth of the puffer machines market. The global market for puffer machines consists of a handful of manufacturers and is driven by global players.

Global Puffer Machines Market: Dynamics

A primary factor driving the puffer machines market is the rapid growth of security equipment in developing regions. Since puffer machines provides increased efficiency security results, puffer machines aims to be an alternate security equipment during the forecast period. Increasing terrorism and growing drug trafficking has led to the high growth in the puffer machines market for detecting explosives like RDX, TNT and drugs like Marijuana, cocaine etc. Attributing to the rapidly increasing technological innovations of airports and use of high efficiency screening devices in the developing regions, the puffer machines have witnessed high growth in the market.

Increasing security awareness by the government for providing high screening techniques in areas like nuclear plants, military and defence has aimed to provide high growth to the puffer machines market. High availability of alternatives for the puffer machines has led to the decreasing growth of the puffer machines market. Since, puffer machines are not affordable due to high cost will hinder the growth of the market.

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Global Puffer Machines Market: Segmentation

The global Puffer Machines market can be segmented on the basis of application as:

Airport security
Military and aerospace security
Border security checks
Commercial places security checks
Nuclear plant security screening
The global puffer machines market can be segmented on the basis of technology type as:

Ion mobility spectrometry
Mass spectrometry
The global puffer machines market can be segmented on the basis of the geographical region as:

North America
Latin America
CIS & Russia
Asia Pacific excluding Japan (APEJ)
Middle East & Africa (MEA)
Global Puffer Machines market: Regional Overview

Developed economies of North America and Europe have prominent puffer machine manufacturers with high investment capabilities with significant demand for puffer machines. Also, there is an increasing awareness of security in North America and Europe, which will provide increased opportunities for the puffer machines market. Rapidly increasing airports in the countries of Latin America and MEA will serve a majority of the puffer machines demand in the region. North America will experience high growth for mass-spectrometry-technology-based puffer machines during the forecast period. Increasing urbanization, growing demand for highly efficient security machines will provide rapid growth for puffer machines during the forecast period. Therefore, North America & Europe are expected to account for a larger market size for puffer machines market while the Asia Pacific is pegged to experience higher growth in the puffer machines market during the forecast period. Countries, such as China and Japan are manufacturing puffer machines at lower costs, inventing new trends and driving technology changes. Thus, these countries are expected to encourage the growth of the market. India, being in the top list of largest military base will find enormous use of puffer machines in the near future.

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Global Puffer Machines Market: Key Players

Some of the key players in the Puffer Machines market are,

General Electric Company
Smiths Group Plc
Other Key Players
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Value Chain
Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Chile, Peru, and Rest of Latin America)
Europe [EU -4 (Germany, France, Italy, Spain), BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
CIS & Russia
APEJ (Greater China, India, S. Korea, ASEAN Countries and Rest of APEJ)
Middle East & Africa (GCC Countries, Turkey, Iran, Israel, South Africa, Rest of MEA)
Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
Report Analysis@ https://www.factmr.com/report/2202/puffer-machines-market 
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Issued By factmr
Country United States
Categories Business
Last Updated May 22, 2019