Global Narcotics Scanner Market 2017-2021
About Narcotics Scanner
Narcotics are drugs that have several medicinal uses such as severe pain control, anxiety relief, sleep induction, and numbing the senses. However, narcotics are also abused as drugs when taken without the prescription of a physician. These are the non-medicinal uses of narcotics. Narcotics are often smuggled, and this has paved way for the narcotics drug trade. The trafficking of methcathinone (Cat), methamphetamine (Tik), crystal meth, cocaine, ecstasy, and heroin is on the rise. The emerging threats, such as the use of fentanyl, bath salts, and spice (K2), are also adversely impacting communities worldwide. Hence, the problem of drug trade continues to increase. The deployment of narcotics scanners is essential to curb the increasing unauthorized transportation of narcotics between different locations and countries. Narcotics scanners protect country borders from the unauthorized movement of these drugs. The demand for narcotics scanners is high because they help to reduce and stop illegal immigration of individual carrying drugs and drug trade. This protects the prosperity of a nation. Narcotics scanners detect raw drugs, such as powders, tablets, rocks, crystals, and pastes, in a single swipe directly from any surface.
Technavio’s analysts forecast the global narcotics scanner market to grow at a CAGR of 6.01% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global narcotics scanner market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of narcotics scanner.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global narcotics scanner Market 2017-2021
Technavio recognizes the following companies as the key players in the global narcotics scanner market: FLIR Systems, OSI Systems, Safran, and Smiths
Other Prominent Vendors in the market are: Argo-A Security, Autoclear, Aventura Technologies, Bruker, B&W Tek, CDex, Chemring, Detectachem, Decision Sciences International, Jamal Jaroudi, Kapri, Klipper Enterprises, KeTech, Laser Detect Systems, L3 Security and Detection Systems, MATRIX Security and Surveillance, Mistral Solutions, NUCTECH COMPANY, RedXDefense, Safeway Inspection System, Security Electronic Equipment, Shanghai Eastimage Equipment, Teknicom Solutions, Thermo Fisher Scientific, and Vision Mass Communications
Commenting on the report, an analyst from Technavio’s team said: “Narcotics scanners are intended to measure certain signals from substances or chemicals. The market vendors are trying to increase the value of narcotics scanners by adding additional sensors that enable the detector to identify more than one signal. Thus, these scanners will have multiple applications such as detecting both chemicals and traces. The user-friendliness of the products is emerging as a new trend in the market. This is because these products should be easily used by the untrained employees at the checkpoint. The dual-sensor technology and the user-friendliness of the products are enhancing the value to the narcotics scanners. These can have a medium level of impact on the global narcotics scanner market during the forecast period.”
According to the report, the trafficking of illicit substances is increasing worldwide. Hence, corrective methods are being taken, particularly in mass transit locations such as bus and railway stations, airports, and marine ports. Narcotics scanners help in monitoring and scanning people and luggage. In the case of any uncertain event, law enforcement agents are expected to be proactive to look for a suspect, act quickly, rescue victims, and take precautionary measures for the safety of people. A delay in the identification of unknown narcotics and explosives in the form of liquids and solids may result in irrevocable losses. Therefore, the need for quick responses to catastrophic attacks is important and is one of the major drivers for the market.
Further, the report states that the governments of several developing countries have cut down on their investments in various sectors due to the economic crisis. This has led private companies to cut their investments in new and existing projects. Transport operators are also curbing their investments on narcotics scanners. This decrease in investments by transport operators results in lower revenue flow to the leading players. This is because many vendors are dependent on these transport operators for their sales. For example, the leading vendor, Smiths Group, generated more than 50% of its revenue from the transportation segment. The drop in the global investments below the current levels is expected to lead the global narcotics scanner market to experience a hurdle for growth during the forecast period.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit- https://www.technavio.com/report/global-it-security-global-narcotics-scanner-market-2017-2021
FLIR Systems, OSI Systems, Safran, Smiths, Argo-A Security, Autoclear, Aventura Technologies, Bruker, B&W Tek, CDex, Chemring, Detectachem, Decision Sciences International, Jamal Jaroudi, Kapri, Klipper Enterprises, KeTech, Laser Detect Systems, L3 Security and Detection Systems, MATRIX Security and Surveillance, Mistral Solutions, NUCTECH COMPANY, RedXDefense, Safeway Inspection System, Security Electronic Equipment, Shanghai Eastimage Equipment, Teknicom Solutions, Thermo Fisher Scientific, and Vision Mass Communications
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