Nov 12, 2021   SOURCE: BusinessWire

Worldwide Contraband Detector Industry to 2026 - Featuring L3Harris Technologies, OSI Systems and Nuctech Among Others - ResearchAndMarkets.com

The "Global Contraband Detector Market Report and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

According to this report the global contraband detector market attained a value of approximately USD 4277.6 million in 2020. Aided by advancement in contraband detection technology, the market is projected to grow at a CAGR of 7.2% between 2021-2026 further to reach a value of nearly USD 6379.2 million by 2026.

Companies Mentioned

  • L3Harris Technologies, Inc.
  • Smiths Detection Group Ltd
  • OSI Systems, Inc.
  • Nuctech
  • Metrasens
  • Linev Adani
  • Campbell/Harris Security Equipment Company (CSECO)
  • Magal Security Systems

A contraband detector is a device that detects the presence of a concealed prohibited item such as narcotics, explosives, and fake currency, among other contrabands, on a person or in a closed transport carriage cavity such as cargo. The most common type of contraband detection technologies are metal detection and x-ray machines. Rapid advancements into contraband technology with target-based screening is deployed in various transit locations such as airports, seaport, and railway stations, crowd places, and other commercial places for ensuring safety of public and prohibit the illegal movement of prohibited items.

The global market for contraband detectors is being driven by the rising cases of contraband movement like explosives, pocketknives, fake currencies, and narcotics, among others around the world. To monitor the illegal movement of prohibited items, governments around the world are robustly investing on advanced technologies like ion sensors, x-ray imaging, and metal detectors which is substantially aiding the growth of the market. Furthermore, owing to the rising cases of terrorism in commercial and crowded places like malls, sports events and tournaments, and public parks, among others, advanced contraband detector technology find various applications in open spaces, which is another factor contributing to the market growth. The rising demand for contraband detectors airports across the world makes the transportation sector the fastest growing segment of the global market for contraband detector, thus invigorating the overall growth of the market.

Key Topics Covered:

1 Preface

2 Research Methodology

3 Executive Summary

4 Global Contraband Detector Market

4.1 Global Contraband Detector Historical Market (2016-2020) & Forecast (2021-2026)

4.2 Global Contraband Detector Market Breakup by Technology

4.3 Global Contraband Detector Market Breakup by Technology: Historical Market (2016-2020) & Forecast (2021-2026)

4.4 Global Contraband Detector Market Breakup by Target Based Screening

4.5 Global Contraband Detector Market Breakup by Target Based Screening: Historical Market (2016-2020) & Forecast (2021-2026)

4.6 Global Contraband Detector Market Breakup by Deployment Type

4.7 Global Contraband Detector Market Breakup by Deployment Type: Historical Market (2016-2020) & Forecast (2021-2026)

4.8 Global Contraband Detector Market Breakup by Mode of Application

4.9 Global Contraband Detector Market Breakup by Mode of Application: Historical Market (2016-2020) & Forecast (2021-2026)

4.10 Global Contraband Detector Market Breakup by Region

4.11 Global Contraband Detector Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)

5 SWOT Analysis

6 Porter's Five Forces Analysis

7 Key Players & Company Profile Analysis

8 Industry Events and Developments

For more information about this report visit https://www.researchandmarkets.com/r/2k6hw7