Overview and Scope
A contraband detector is a device or system to identify and locate prohibited or illegal items. It is commonly used in security settings to prevent the smuggling of illicit goods or substances.
Sizing and Forecast
The contraband detector market size has grown strongly in recent years. It will grow from $4.63 billion in 2023 to $4.96 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to security concerns, regulatory compliance, global trade growth, organized crime challenges, air travel safety..
The contraband detector market size is expected to see strong growth in the next few years. It will grow to $6.57 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to stricter border controls, market expansion in emerging economies, industry-specific compliance, cross-border terrorism concerns, public infrastructure protection.. Major trends in the forecast period include customization for various applications, adoption of cloud-based data storage, focus on user-friendly interfaces, continuous research and development..
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Segmentation & Regional Insights
The contraband detector market covered in this report is segmented –
1) By Technology: X-ray Imaging, Metal Detection, Spectrometry and Spectroscopy, Other Technologies
2) By Target-Based Screening: People Screening, Baggage And Cargo Screening, Vehicle Screening
3) By Deployment Type: Fixed, Portable
4) By Application: Transportation, Government, Retail, Hospitality, Commercial, Industrial, Education, Events And Sports, Other Applications
North America was the largest region in the global contraband detector market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the contraband detector market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The rising terrorist activities are expected to propel the growth of the contraband detector market going forward. Terrorist activities refer to acts of violence or intimidation by individuals, groups, or organizations to create fear, panic, and disruption within a population. Contraband detectors prevent terrorist activities like carrying weapons, cash, smuggled drugs, bombs, or explosives. They are critical for aviation security, cargo screening, and broader counter-terrorism and national security activities by discovering dangerous substances. For instance, in March 2023, according to Global Terrorism Index 2023, 2022 saw an increase in the average number of terrorist deaths from 1.3 per incident in 2021 to 1.7 per attack in 2022. Therefore, rising terrorist activities are driving the growth of the contraband detector market.
Key Industry Players
Major companies operating in the contraband detector market report are Smiths Group PLC, Nuctech Company Limited, Metrasens, LINEV Systems US Inc., Godrej & Boyce Mfg. Co Ltd., Garrett Electronics Inc., Leidos Holdings Inc., OSI Systems Inc., Costruzioni Elettroniche Industriali Automatismi C.E.I.A. SpA, Campbell/Harris Security Equipment Company, Vidisco Limited, Autoclear LLC, Astrophysics Inc., Berkeley Varitronics Systems Inc., MS Technologies Inc., ADANI Group, L3Harris Technologies Inc., Westminster International Limited, CEIA SpA, Rapiscan Systems Inc., American Science and Engineering Inc., Analogic Corporation, DetectaChem LLC, Fisher Research Laboratory, FLIR Systems Inc., Implant Sciences Corporation, Kromek Group PLC, Morpho Detection LLC, NABCO Systems LLC, Optosecurity Inc., Scanna MSC Limited, Tek84 Engineering Group LLC,
The contraband detector market report table of contents includes:
1. Executive Summary
2. Contraband Detector Market Characteristics
3. Contraband Detector Market Trends And Strategies
4. Contraband Detector Market – Macro Economic Scenario
5. Global Contraband Detector Market Size and Growth
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31. Global Contraband Detector Market Competitive Benchmarking
32. Global Contraband Detector Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Contraband Detector Market
34. Contraband Detector Market Future Outlook and Potential Analysis
35. Appendix
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