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The report offers detailed segmentation of the global narcotics scanner market based on end use, technology, product, and region.
The global narcotics scanner market was valued at $6.89 billion in 2020, and is projected to reach $12.59 billion by 2030, registering a CAGR of 6.6%.” - Allied Market ResearchWILMINGTON, DE, UNITED STATES, October 21, 2024 /EINPresswire / -- The global narcotics scanner market was valued at $6.89 billion in 2020, and is projected to reach $12.59 billion by 2030, registering a CAGR of 6.6%. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.
Download Report (263 Pages PDF with Insights, Charts, Tables, Figures) at
Key Factors Influencing the Market:
Rising Drug Trafficking Activities: Increasing global concerns about illegal drug trafficking drive the demand for advanced narcotics detection systems.
Technological Advancements: Development of portable, non-invasive, and faster scanning technologies improves accuracy and ease of use.
Regulatory Requirements: Stringent regulations and policies for drug control and security promote the adoption of narcotics scanners.
Counter-Terrorism Efforts: Growing focus on security measures and counter-terrorism boosts the need for narcotics scanners.
Global Security Concerns: Increased investment in homeland security and defense further propels market growth.
Based on end use, the airport segment contributed to the highest share in 2020, accounting for more than two-fifths of the total share, and is projected to maintain its leadership status during the forecast period. Moreover, this segment is expected to manifest the fastest CAGR of 7.4% from 2021 to 2030. The report also analyzes the segments including railways, seaports, and others.
Based on technology, the ion mobility spectrum technology segment accounted for the highest share in 2020, contributing to around two-fifths of the total share of the global narcotics scanner market, and is projected to maintain its dominant share during the forecast period. In addition, this segment is expected to register the largest CAGR of 7.4% from 2021 to 2030. The report also discusses the segments, including infrared spectroscopy and others.
Market Segmentation:
By Product Type:
Handheld Scanners
Walkthrough Scanners
Tabletop Scanners
Portable Scanners
By Technology:
Ion Mobility Spectrometry (IMS)
Infrared and Raman Spectroscopy
X-ray Diffraction (XRD)
Others (Mass Spectrometry, Nuclear Magnetic Resonance)
By Application:
Law Enforcement Agencies
Airports and Borders
Defense and Military
Commercial and Public Spaces
Rehabilitation Centers
By End-Use Industry:
Government Agencies
Transportation Security
Commercial Enterprises
Defense and Military Organizations
By Region:
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
Key Players in the Market:
Smiths Detection Inc.
Thermo Fisher Scientific Inc.
OSI Systems, Inc.
Bruker Corporation
FLIR Systems, Inc.
L-3 Security & Detection Systems
Autoclear LLC
Nuctech Company Limited
Detectachem Inc.
Astrophysics Inc.
Market Trends:
AI and Machine Learning Integration: Use of AI to enhance detection capabilities and reduce false positives.
Miniaturization of Scanners: Development of smaller, portable scanners that are easy to deploy in the field.
Real-Time Data Analysis: Emphasis on real-time data processing to deliver quicker and more accurate results.
Expansion into Emerging Markets: Increased adoption in regions with high drug trafficking rates, such as Latin America and Southeast Asia.
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Challenges:
High Equipment Costs: Advanced narcotics scanners can be costly, limiting their adoption by smaller organizations.
Technical Limitations: Issues related to accuracy, sensitivity, and the detection of new synthetic drugs.
Privacy Concerns: Potential infringement on privacy during scanning procedures in public spaces.
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Davin Correa
Allied Market Research
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