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The Market for Contraband Detectors is Expected to Grow Exponentially from 2024 to 2032: MRFR

Market Research Future (MRFR) Announces the Publication of its Half-Cooked Research Report— Global Contraband Detectors Market, 2024–2032

According to MRFR, the global market for contraband detectors has been segmented based onscreening, technology, application, deployment,and region.

Growing construction activity for new transit locations,including ports and airports, increasing passenger traffic, and significant growth inair and freight cargo shipmentareexpected to boost the demand for contraband detectors to ensure safety.As per a report by the International Air Transport Association, the global volume of air freight is expected to witness exponential growthastotal freight volumes surpassed 62 million metric tons in 2019 compared to 57 million metric tons in 2016.

Additionally, increasing instances of extremist activities anddrug trafficking have forced governments to adopt stricter security and screening measures involving substantial investments in developing and installing effective surveillance systems. For instance, in 2020, the Indian Coast Guard (ICG),through coordinated air surveillance,impounded contraband worth over USD 200 million.Although, high maintenance and operational costs incurred for contraband detectors may restrict the market's growth during the forecast period.

Based on screening type, the contraband detectorsmarket has been categorized as people, baggage & cargo, and vehicle. The baggage & cargois projected to account for the largest share during the review period. Early adoption of the technology in the baggage & cargo segment and the use in theatres and mallshave led to the growth of technologies in this segment. The advancements in materialsensing and tactical deployment in sensitive areas areexpected to revolutionize the contraband detectors market as well, with new technologies introduced, which will boost the reach and capacity of detectors globally.However, the vehiclesegment is predicted to register the highest CAGR owing to the increasing adoption of this technology.

Based on the technology, the contraband detectorsmarket has been categorized asX-ray, metal detection, spectrometry & spectroscopy, and others. The X-raysegment dominated the market in 2019 owing largely to consumer preference as the technology and ease of adoption. Spectrometry & spectroscopy technology is also projected to witness increasing market share owing to growing awareness regarding the technology coupled with increasing tangible results presented through the extensive use of detection devices. The metal detectionsegment is expected to register the highest CAGR during the forecast period from 2023 to 2032, owing to the growing application of technology in airports, ports, and large social gathering venues.

Regional Analysis

The contraband detectors market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world.

North America, followed by Europe, is expected to be the largest market in the forecast period owing to the high concentration of market players and the abundant availability of competent technical expertise. Additionally, the increasing demand for operative contraband detectors and effective surveillance management of large events and the rising consumer interest in technologies in the region further drive the growth of the contraband detectors market. Additionally, the market in Asia-Pacificis projected to register a significant CAGR during the forecast period.

Key Players

The prominent players in the global contraband detectors industry are Smiths Group (UK), OSI Systems (US), Leidos (US), Nuctech (China), Metrasens (UK), Adani Systems (India), Berkeley Varitronics Systems (US), CEIA (Italy), CSECO (US), and Godrej Security Solutions (India).

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Companies Covered 15
Pages 145
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