The Global Contraband Detector Market was worth US$ 3.5 billion in 2019 and is expected to grow at a CAGR of 5.7% through 2030.
Increased investment in public transport systems, integration of advanced technology to enhance in-transit safety, and rise in illegal movement of armaments ammunition are the key factors fueling the adoption of contraband detectors across the globe. The contrabands are materials or substances prohibited by law for free movement. Contraband detectors are used to detect the contrabands to ensure safety of masses.
Materials such as drugs, ammunition and armaments, explosives, and other similar substances are prohibited by low and cannot be mobilized with associated documentations. However, the illegal movement is observed across the globe by the distressing elements of society such as terrorist groups. This has accelerated the demand for advanced contraband detection systems to ensure precise detection of contrabands across public infrastructures.
Contraband detectors are the prime component of security infrastructure across transit facilities and sports complexes. The contraband detector manufacturers are continuously engaged in development of advanced detection systems to ensure utmost security, which is expected to intensify the competition in the market.
Additionally, increased investment in expansion of public transport infrastructures and adoption of advanced technologies in detectors is expected to drive the growth of the global contraband detectors market during the forecast period.
North America contributed a dominating share to the global contraband detectors market in terms of revenue and volume in 2019 and is expected to witness steady positive growth during the forecast period. The demand for contraband detectors across North America is primarily driven by increasing number of public transport infrastructures and implementation of stringent cross border security.
Development and adoption of technologically advanced security systems is expected to contribute towards the growth of North America contraband detector market in coming years. Asia Pacific is expected to be the fastest growing geography during the forecast period owing to the expanding public infrastructure and adoption of advanced security solutions across the major countries.
Major countries across Asia are focusing towards strengthening security infrastructures, which is expected to drive the growth of contraband detector market in coming years. Rising number of sports complexes, and expansion and construction of new public transport infrastructures such as airports and seaports are anticipated to drive the growth of Asia Pacific contraband detectors market during the forecast period.
Contraband Detector Market Share Analysis, by Geography (2022)
The report titled “Contraband Detector Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032” wherein 2021 is historic period, 2022 is the base year, and 2023 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global contraband detector market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global contraband detector market is segmented based on type, technology, screening type, end user, and geography. Based on type, the global contraband detector market is segmented into fixed and portable. Based on technology, the global contraband detector market is segmented into X-ray imaging, metal detection, spectrometry & spectroscopy, and others. Based on end user, the global contraband detector market is segmented into homeland security, transportation, and others. Based on geography, the global contraband detector market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on contraband detector tools and services. Further, market share of prominent companies in the global contraband detector market would also be estimated. the study takes into consideration the key competitive information such as business strategy, product portfolio, key development, swot analysis, and research and development focus of all the contraband detector companies.
The global contraband detector market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution. Product portfolio would focus on all the products under the contraband detector business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global Contraband Detector market.
Major players active in the global contraband detector market include 3DX-Ray Ltd, ADANI Systems, Astrophysics, Inc., Autoclear L.L.C., Aventura Technologies, Inc., Berkeley Varitronics Systems, Inc., Garrett Electronics Inc., Gilardoni S.p.A., Global Security Solutions, Godrej Security Solutions, L3 Security & Detection Systems, Inc., Leidos, Magal Security Systems Ltd., Metrasens, NUCTECH Company Limited, OSI Systems, Inc., PKI Electronic Intelligence GmbH Germany, Polimaster Ltd., Smiths Detection, and Vidisco LTD.
Market Segmentation:
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The contraband detector market is estimated to expand at a CAGR of 5.7% through 2030.
Increased investment in public transport systems, integration of advanced technology to enhance in-transit safety, and rise in illegal movement of armaments ammunition are the key factors fueling the adoption of contraband detectors across the globe.
North America contributed a dominating share to the global contraband detectors market in terms of revenue and volume in 2019 and is expected to witness steady positive growth during the forecast period.
The global contraband detector market segmented on the basis of type, technology, screening type, end user, and geography.
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