Global Narcotics scanner market

Narcotics Scanner Market Size, Share, Growth Analysis, By Product(Handheld/ Portable scanner, Fixed scanner, Walkthrough scanner), By Technology(Contrab, detection equipment, infrared spectroscopy, ion mobility spectrum technology), By End users(Airport, Seaport, Railway terminal, Law enforcement), By Region - Industry Forecast 2024-2031


Report ID: SQMIG45J2190 | Region: Global | Published Date: July, 2001
Pages: 260 | Tables: 95 | Figures: 76

Narcotics Scanner Market News

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.

Smiths Detection Group Ltd. announced in April 2021 that it has been awarded an indefinite-delivery-indefinite-quantity (ODIQ) contract to provide the HCVP 260 drive-through X-ray inspection system. This contract has been awarded to the United States Departments of Customs and Border Protection (CBP) and Homeland Security. The HCVPZ60 system will be repaired at a Border Patrol checkpoint in Laredo, Texas, by September 2022.

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Narcotics Scanner Market size was valued at USD 2094 million in 2019 and is poised to grow from USD 2232.3 million in 2023 to USD 3431.12 million by 2031, growing at a CAGR of 6.38% in the forecast period (2024-2031).

The Narcotics scanner market is fragmented, with a prominent market player acquiring a sizable portion. Some of the market's leading companies are Aventura Technologies, Inc., TactiScan, Teledyne FLIR LLC, Rapiscan Systems., Smiths Detection Group Ltd., L3Harris Technologies, Inc., Bruker, ARGO-A SECURITY., Klipper Enterprises., Chemring Group PLC, MATRIX Security & Surveillance Ltd., Teknicom Solutions Ltd., Jamal Jaroudi Group, Autoclear., DetectaChem., Kapri Corp., Bowers & Wilkins., OSI Systems, Inc., Safran and CDEX Inc., among other domestic and players. Several large firms are forming multiple strategic alliances in order to increase their market share and get a competitive edge. 'OSI Systems Inc.', 'Smiths Detection', 'Morpho Detection', 'L3 Security & Detection Systems', 'NUCTECH Company Limited', 'Analogic Corporation', 'Safran Identity & Security (Morpho Detection)', 'ADANI Systems Inc.', 'Laser Detect Systems (LDS)', 'Astrophysics Inc.', 'Westminster International Ltd.', 'American Science and Engineering, Inc.', 'CEIA SpA', 'Argus TrueID', 'Viken Detection', 'Godrej Security Solutions', 'Metrasens', 'Scanna MSC Ltd.', 'Adani Group', 'ODSecurity'

Increased alcohol and drug usage around the world According to United Nations data, an estimated 275 million people worldwide aged 15-64, or one out of every 18 people in that age group, had used drugs at least once in the previous years. This equates to 6% of the population aged 15-64 years. Between 2010 and 2019, the estimated number of past-year users of any drug climbed by 22%, from 226 million to 274 million, due in part to worldwide population growth, which increased by 10% among those driving market growth.

The manufacture and distribution of illegal substances has increased dramatically in recent years. The increased violation of drug control laws around the world would increase demand for improved narcotics scanning devices and software with high accuracy and faster screening capability. The primary focus of key scanner manufacturers and research and development teams is on producing compact, pocket-sized, mobile narcotics scanners with real-time data detection and user-friendly data analysis software. These important players are also concentrating on implementing innovative technologies to improve product performance, such as artificial intelligence (AI), dual sensor technology, image processing, and X-ray technologies.

Based on region Narcotics scanner market is segmented into North America, Asia Pacific, Europe, Latin America and Middle East Africa.

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Global Narcotics scanner market

Report ID: SQMIG45J2190

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