Global Explosives, Weapons and Contraband Detection Market Set to Decline by 9.5% in 2020
The Explosives, Weapons and Contraband (EWC) Detection market is set to decline by a total of 9.5 percent in 2020, according to Omdia’s latest forecast.
Airports and event venues are set to be the most affected industries with revenues set to decline between 13 percent and 42 percent due to the global pandemic. Airports are the primary consumer of EWC equipment. However, due to the global pandemic airline and airport operator’s budgets have been significantly affected due to the sharp decline in air travel traffic.