What is the Global market size of the Narcotics Scanner Market?

Global Narcotics Scanner Market size was valued at USD 2094 million in 2021 and is poised to grow from USD 2232.3 million in 2022 to USD 3431.12 million by 2030, growing at a CAGR of 6.38% in the forecast period (2023-2030).

Who are the key vendors in the Global Narcotics Scanner Market?

The global 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 global 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'

What is the key driver of the Global Narcotics Scanner Market?

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 global 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.

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

Q: Which region accounted for the largest share in the Global Narcotics Scanner Market?

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

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

Narcotics Scanner Market Insights

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).

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.

US Narcotics Scanner Market is poised to grow at a sustainable CAGR for the next forecast year.

Narcotics Scanner Market Report Snapshots

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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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Narcotics Scanner Market Insights

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What is the market size of Narcotics Scanner Market?

Who are the key vendors in the Narcotics Scanner Market?

What is the key driver of Narcotics Scanner Market?

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Which region accounted for the largest share in Narcotics Scanner Market?

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