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Tuesday, November 16, 2021

Global Contraband Detector Market to be Driven by Increasing Demand for Security X-ray Machines in the Forecast Period of 2021-2026

 The new report by Expert Market Research titled, ‘Global Contraband Detector Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global contraband detector market, assessing the market based on its segments like deployment type, technology, target-based screening, mode of application, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

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The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 4.28 Billion
  • Forecast CAGR (2021-2026): 7.2%
  • Forecast Market Size (2026): USD 6.2 Billion

The contraband detector market is being propelled forward by rising demand for security X-ray machines, which use low dose penetrating radiation to identify metallic and non-metallic goods concealed in clothing or cavities. The demand for x-ray imaging technology is predicted to rise throughout the forecast period as more people adopt the latest security measures, accounting for the greatest share of the contraband detector market.

Industry Definition and Major Segments

A contraband detector is a portable safety gadget that identifies hidden items (drugs, explosives, arms, currencies, and so on) in closed carriage cavities, cargo containers, and other objects.

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The industry can be classified on the basis of its deployment type as:

  • Fixed
  • Portable

The industry can be divided on the basis of its technology as:

  • X-ray imaging
  • Metal detection
  • Spectrometry
  • Spectroscopy
  • Others

The industry can be broadly categorised on the basis of its mode of application into:

  • Transportation
  • Government
  • Retail
  • Hospitality
  • Commercial
  • Industrial
  • Education
  • Events and Sports
  • Others

The contraband detector market can be divided based on target-based screening as:

  • People Screening
  • Baggage
  • Cargo Screening
  • Vehicle Screening
  • Others

The EMR report looks into the regional contraband detector markets like:

  • North America
  • Latin America
  • Europe
  • Middle East and Africa
  • Asia Pacific

Market Trends

Growing safety concerns as a result of rising urbanisation, increased government investment in enhancing existing transit systems and constructing new transit locations (for example- airports), and constant technological advancement of security screening technologies are driving the industry. The industry's expansion is being fuelled by the growing need for x-ray imaging technology. Energy transmission, backscatter, and computed tomography are all common x-ray screening modalities. Individuals and baggage are screened using energy transmission and x-ray imaging techniques such as backscatter.

Key Market Players

The major players in the market are L3Harris Technologies, Inc., Smiths Detection Group Ltd, OSI Systems, Inc., Nuctech, Metrasens, Linev Adani, Campbell/Harris Security Equipment Company (CSECO), and Magal Security Systems, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

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**We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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