Narcotics Scanner Market

Narcotics Scanner Market

Growth Factors of Narcotics Scanner Market

The global narcotics scanner market size was valued at USD 6.87 billion in 2023 and is projected to grow from USD 7.21 billion in 2024 to USD 14,35 billion by 2032, exhibiting a CAGR of 9.0% during the forecast period of 2024-2032.

The COVID-19 pandemic temporarily reduced demand for narcotics scanners due to reduced worldwide availability and travel. However, as smuggling methods evolved and worldwide travel resumed, the desire for advanced, automatic detection technologies has surged, riding market healing and innovation, impeding the narcotics scanner market growth.

Key driving elements for the Narcotics Scanner Market consist of increasing drug trafficking, growing security concerns at borders and airports, and improvements in detection technologies. The growing demand for automated, non-invasive scanners and the want for heightened security in public and business spaces further gas marketplace growth.

The narcotics scanner market is witnessing a surge in integration with security structures. Narcotics scanners have become essential to protection checkpoints at airports, border crossings, and other entry points, expanding the narcotics scanner market share globally. Considering subject operations and private protection programs, these scanners are also being designed in transportable forms. This integration improves safety features and bolsters efforts to combat the global drug alternative.

Comprehensive Analysis of Narcotics Scanner Market

The Narcotics Scanner Market is segmented by product, era, and cease-consumer aid. Regarding products, the marketplace is split into handheld/transportable, fixed, and walkthrough scanners. Handheld scanners are expected to see the fastest increase due to their portability and simplicity of use, whilst constant scanners held the most crucial percentage, driven via their use in baggage, cargo, and car screening. The walkthrough scanners have a significant rate because of the growing global tour. By technology, contraband detection equipment is anticipated to develop fastest, fueled by growing calls for from border and law enforcement corporations. For stop-customers, airports dominate the market because of elevated passenger site visitors and protection needs, whilst seaports are projected to develop swiftly due to heightened drug smuggling via sea routes. Other sectors, such as railway terminals and public areas, are also seeing the growing adoption of narcotics scanners.

The North America region led the narcotics scanner market by benefitting a size of USD 2.76 billion in 2023 due to heightened unlawful drug use activities; countries in North America, along with the U.S. And Mexico, have said enormous increases.

The leading players in the narcotics scanner market significantly impact its growth trajectory and set industry standards. These key players, including OSI Systems Inc. (U.S.), Bruker Corporation (U.S.), FLIR Systems Inc. (U.S.), Aventura Technologies Inc. (U.S.), Leidos, Inc. (U.S.), Smiths Detection Inc. (U.K.), Thermo Fisher Scientific Inc. (U.S.), Mistral Solutions Pvt. Ltd. (India), Autoclear, LLC (U.S.), Nuctech Company Limited (China), Astrophysics Inc. (U.S.), Viken Detection (U.S.), Chemring Group PLC (U.K.), and Klipper Enterprises (India), contribute to a competitive landscape, driving innovation and market advancement.

In November 2023, Nigeria's Federal Executive Council sanctioned purchasing bag scanners for five global airports: Abuja, Lagos, Enugu, Port-Harcourt, and Kano. The agreement additionally consists of providing and installing specialised explosive and narcotic detection screening systems, offering remote and twin-view capabilities.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Unit Value (USD Billion)

Growth Rate CAGR of 9.0% from 2024 to 2032

Segmentation By Product

- Handheld/Portable Scanner

- Fixed Scanner

- Walkthrough Scanner

By Technology

- Contraband Detection Equipment

- Infrared Spectroscopy

- Ion Mobility Spectrum Technology

- Video Scope Inspection System

By End-User

- Airport

- Sea Port

- Railway Terminal

- Law Enforcement

- Defense & Military

- Others

By Geography

- North America (By Product, Technology, End User, and Country)

• The U.S. (By End User)
• Canada (By End User)

- Europe (By Product, Technology, End User, and Country)

• The U.K. (By End User)
• Germany (By End User)
• France (By End User)
• Rest of Europe (By End User)

- Asia-Pacific (By Product, Technology, End User, and Country)

• China (By End User)
• India (By End User)
• Japan (By End User)
• Australia (By End User)
• Rest of Asia-Pacific (By End User)

- Rest of the World (By Product, Technology, End User, and Sub-region)

• Latin America (By End User)

- The Middle East & Africa (By End User)


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