Narcotics Scanner Market Size, Share, and Trends Analysis Report

CAGR :  Diagram

Market Size 2023 (Base Year) USD 646.8 Million
Market Size 2032 (Forecast Year) USD 1261 Million
CAGR 7.7%
Forecast Period 2024 - 2032
Historical Period 2018 - 2023

Narcotics Scanner Market Insights

As per the published report by Market Research Store, the global Narcotics Scanner Market size was estimated at USD 646.8 Million in 2023 and is anticipated to reach USD 1261 Million by 2032, growing at a projected CAGR of 7.7%. The report provides a detailed analysis of the global market, including market trends, market dynamics, and market opportunities during the forecast period (2024-2032). It delves deeper into several market facets, such as market definition, size, growth, forecast, segmentation, competitive analysis, growth drivers, restraints, financial analysis, SWOT analysis, PORTER’s five force analysis, PESTEL analysis, market share analysis, cost-benefit analysis, challenges, restraints, strategic recommendations, and market players.

Global Narcotics Scanner Market Size

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Global Narcotics Scanner Market: Overview

The increase in the trafficking of the substances such as methcathinone, ecstasy, cocaine, and heroin has increased the demand for the narcotics scanner in the sectors such as aviation, law enforcement, and military. The budding threats in the use of the bath salts, fentanyl, and spice are affecting the regions. Furthermore, there has been an increase in the drug trades. The narcotics scanner offers protection from the illegal movement of drugs. There is a surge in the demand of the narcotics scanners as it helps in stopping the drug trade.

Global Narcotics Scanner Market: Segmentation

The market for the narcotics scanner is globally fragmented into its product type, end user, and technology.

On the basis of product type, the global market is segregated into handheld, table-top, and walkthrough.

On the basis of the end user, the market is categorized into train stations, cargo, transportation, critical infrastructure access control, airport, defense, military, law enforcement.

On the basis of technology, the market is divided into video scope inspection system, ion mobility spectrometry technology, and contraband detection equipment.

Global Narcotics Scanner Market: Growth Factors

In the coming years, the narcotics scanner market will witness a considerable market growth. The key factors that will contribute to the market growth are the rise in the investments that are made in the research and development activities for the narcotic scanners by the market players and the requirement for the speedy response to the catastrophic attacks. Advancements that are made in the technology such as the development of the dual sensor technologies and the improvement that is made in the detection quality of narcotics scanners triggers the growth of the narcotics scanner market. The factor that is restraining the narcotics scanner market is the reduced investments from the transport operators.

Narcotics Scanner Market: Report Scope

Report Attributes Report Details
Report Name Narcotics Scanner Market
Market Size in 2023 USD 646.8 Million
Market Forecast in 2032 USD 1261 Million
Growth Rate CAGR of 7.7%
Number of Pages 125
Key Companies Covered Safran SA, OSI Systems, Inc., L-3 Communications Security and Detection Systems, Inc., LaserShield Systems, Inc., KeTech Group Limited, Matrix Security and Surveillance Pvt. Ltd., Bruker Corporation, Mistral Solutions, Jamal Jaroudi Group, Argos Security Services, Inc., Smiths Group Plc., FLIR Systems, Inc., Aventura Technologies, Inc., Klipper Enterprises, Chemring Group Plc., CDex Inc., and Teknicom Solutions
Segments Covered By product type, By end user, By technology and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Global Narcotics Scanner Market: Regional Analysis

Regional diversification of the narcotics scanner market is given as follows Western Europe, the Middle East & Africa, Eastern Europe, Asia Pacific, Latin America, and North America. The region that is dominating the narcotics scanner market is Asia Pacific region. It is expected that Asia Pacific region will continue to dominate the market in the coming years too. The factor that contributes to the market growth in Asia Pacific region is the high rate of adoption of the technologies such as advanced sensors in the narcotics scanners is propelling the growth of the narcotics scanner market. The other regions such as North America and Europe are also contributing a considerable market share in the narcotics scanner market.

Global Narcotics Scanner Market: Competitive Players

The key market players that are involved in the narcotics scanner market include:

  • Safran SA
  • OSI Systems, Inc.
  • L-3 Communications Security and Detection Systems, Inc.
  • LaserShield Systems, Inc.
  • KeTech Group Limited
  • Matrix Security and Surveillance Pvt. Ltd.
  • Bruker Corporation
  • Mistral Solutions
  • Jamal Jaroudi Group
  • Argos Security Services, Inc.
  • Smiths Group Plc.
  • FLIR Systems, Inc.
  • Aventura Technologies, Inc.
  • Klipper Enterprises
  • Chemring Group Plc.
  • CDex Inc.
  • Teknicom Solutions.

The global Narcotics Scanner Market is segmented as follows: 
 
By Product type 

  • handheld 
  • table-top
  • walkthrough

By End user 

  • train stations 
  • cargo
  • transportation
  • critical infrastructure access control
  • airport 
  • defense
  • military 
  • law enforcement

By Technology 

  • video scope inspection system
  • ion mobility spectrometry technology 
  • contraband detection equipment

Global Narcotics Scanner Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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