Global Contraband Detector Market (2021-2026) by Technology, Screening Type, Deployment Type, Application, and Geography , IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis
Introduction
The Global Contraband Detector Market is estimated to be USD 4 Bn in 2021 and is expected to reach USD 5.7 Bn by 2026, growing at a CAGR of 7.5%.
Market Dynamics
Contrabands are explosives or radioactive items, and they come in fixed and portable models. Airports and metro stations use these detectors to check baggage and prevent theft, and guards analyze the scenario to determine its validity. Contraband detectors compare the object's mass density to the forbidden drug or item's. Contraband Detectors are used by Government, transportation, and homeland security.
Excessive use of these devices by extremists has increased in the last two decades. Malls, airports, railway stations, and other significant venues like stadiums and hotels now need security checks and exercises to enter. The recent rise in illegal drug trafficking has fuelled the expansion of the contraband detector industry.
The high initial investment and increased maintenance and operating expenses associated with extensive security systems are among the primary factors limiting the market growth.
Market Segmentation
The Global Contraband Detector Market is segmented further based on Technology, Screening Type, Deployment Type, Application, and Geography.
By Technology, the market is classified into X-ray imaging, Metal Detection, Spectroscopy/Spectrometry, and others.
By Screening Type, the market is classified into People Screening, Baggage and Cargo Screening, and Vehicle Screening.
By Deployment Type, the market is classified into Fixed & Portable.
By Application, the market is classified into Government, Transportation, Retail, Hospitality, Commercial, Industrial, Education. Events and Sports.
By Geography, America is projected to lead the market.
Recent Developments
1. Garrett Electronics Acquires White s Electronics – 20th Oct 2020
2. Intuitive Acquires Orpheus Medical to Expand Informatics Platform for Hospitals – 10th Feb 2020
3. Bruker acquires scientific software solutions provider Arxspan – 3rd Apr 2019
Company Profiles
Some of the companies covered in this report are 3DX-Ray Ltd, Autoclear, CSECO, Global Security Solutions, Leidos, OSI Systems, Scanna, etc.
IGR Competitive Quadrant
The report includes IGR Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
The report offers a comprehensive evaluation of the GLobal Contraband Detector Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
The report also contains the competitive analysis using IGR Positioning Quadrants, Infogence's Proprietary competitive positioning tool.
Report Highlights:
A complete analysis of the market, including parent industry
Important market dynamics and trends
Market segmentation
Historical, current, and projected size of the market based on value and volume
Market shares and strategies of key players
Recommendations to companies for strengthening their foothold in the market
Companies Mentioned
3DX-Ray
ADANI Systems (LINEV Group)
Astrophysics
Autoclear
Aventura Technologies
Berkeley Varitronics Systems
Bruker Corporation
CEIA S
CSECO
Garrett Metal Detectors
Gilardoni Raggi X e Ultrasuon
Global Security Solutions
Godrej Security Solutions
Leidos
Metrasens
Nuctech Company
OSI Systems
PKI Electronic Intelligence
Ranger Facility & Security Management
Scanna
Smiths Group
Vidisco
VOTI Detection
Westminster Investigation & Security Management
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