Global narcotics scanner market was valued at USD 6.32 billion in 2021
Global narcotics scanner market was valued at USD 6.32
billion in 2021 and it is expected to reach USD 9.92 billion by 2028, at a CAGR
of 6.6% over the forecast period (2022–2028).
Narcotics scanners are specialised security devices used to
identify narcotics and other hazardous materials. Narcotics scanners are used
by law enforcement organisations, special forces, and defence departments
around the world to combat the drug smuggling threat. For the successful
tracking of drugs and related materials, narcotics scanners use ion mobility
spectrum technology, infrared spectroscopy, contraband detection equipment,
video scope inspection system, and other related technology: Governments all
across the world have enacted laws and regulations aimed at reducing drug and
associated material trafficking. The increasing drug trafficking activities in
many countries is a critical driver for the narcotics scanner's growth over the
predicted period.
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Global
Narcotics Scanner Market Segmental Analysis
Global Narcotics scanner market is segmented
based on product, technology, end users. Based on product market is
further segmented into handheld/portable scanner, fixed scanner, walkthrough
scanner. Based on technology market is further segmented into contraband
detection equipment, infrared spectroscopy, ion mobility spectrum technology,
video scope inspection system. Based on end users’ market is further divided
into airport, sea port, railway terminal, law enforcement, defence and
military, others. Based on region market is segmented into North America, Asia
Pacific, Europe, Latin America and Middle East Africa.
Analysis by Application:
Based on product, narcotics scanner market is
segmented into handheld/portable scanner, fixed scanner, walkthrough scanner.
During the forecast period, the handheld/portable
scanner segment is expected to grow the fastest. This increase is due to an
increase in demand for lightweight, user-friendly, and portable scanners from a
variety of end-users, including law enforcement, police, malls, and customs
departments. Handheld scanners are commonly used at checkpoints or during
screening procedures.
In 2020, the fixed scanner segment accounted for a
sizable part of the narcotics scanner market. This high proportion can be
ascribed to the increased use of scanners for baggage, cargo, and vehicle
screening applications. During the forecast period, the globally increasing
logistics and transportation industry is expected to promote market growth.
Due to the obvious rising number of international
and domestic travellers globally, the walkthrough scanner segment had the
second-highest share in the base years.
Analysis by Technology:
Based on technology narcotics scanner market is
further segmented into contraband detection equipment, infrared spectroscopy,
ion mobility spectrum technology, video scope inspection system.
video scope inspection system and spectrum
technology Due to the increased demand for narcotics and contraband detection
by border, prisons, law enforcement, and customs personnel to restrict
unauthorised drug trafficking, the contraband technology segment is expected to
be the fastest-growing section over the projected period. Contraband detection
technology-based equipment detects narcotics, drug traces, explosives, and
other potentially hazardous materials.
Top
Players in the Global Narcotics Scanner Market
·
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.)
·
Thermofisher Scientific Inc. (U.S.)
·
Mistral Solutions Pvt. Ltd. (India)
·
Autoclear, LLC (U.S.)
·
Nuctech Company Limited (China)
·
Astrophysics Inc. (U.S.)
Recent
Developments
February
2021, the Korea Institute of Materials Science researchers developed very quick
and reliable wearable sensors using nanomaterial technology to provide on-site
drug detection. This optical sensor detects narcotics in sweat and amplifies
the optical signal of illegal drugs onto flexible and wearable material.
January
2021, Teledyne Technologies Incorporated, a US-based technology company
acquired FLIR Systems Inc. for an amount of $8.2 billion. Through this
acquisition, Teledyne aimed to grow its portfolio and deliver a full spectrum
of imaging products and technologies. FLIR Systems Inc. is a US-based company
that designs and manufacture drugs and narcotics scanner systems.
An
international customer awarded OSI Systems Inc. a multi-year contract worth USD
16 million in April 2021. OSI Systems Inc. has committed to provide MRO
services for multiple platforms of luggage, vehicle, and cargo inspection
systems that are already implemented at certain checkpoints, according to this
deal.
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