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Global Contraband detector Market to reach USD 6.04 million by 2027.

Global Contraband detector Market Size study, by Technology (x-ray imaging, Metal detection, spectrometry and spectroscopy and others), by Screening type (people screening, baggage and cargo screening, vehicle screening), by Deployment (fixed and portable), and Regional Forecasts 2021-2027

Product Code: SASAAD_24418450
Publish Date: 20-01-2021
Page: 200

Global Contraband detector Market is valued approximately at USD 3.64 Million in 2020 and is anticipated to grow with a healthy growth rate of more than 7.8% over the forecast period 2021-2027. Contraband detector is a portable security instrument which detects hidden items such as drug explosives, weapons, currency etc. The global Contraband detector market is being driven by growing security concerns due to rapid urbanization and rising government investments for improvement of existing transit facilities and construction of new transit locations. Furthermore, digital transformation through inclusion of AI technology in security applications as well as high importance of security measures in aviation and retail applications, will provide new opportunities for the global Contraband detector industryAccording to the world health organization, In 2020, About 60% of urban area expansion in developing countries is constructed in near hazard-prone areas and built through informal and unplanned settlements which may create security concern among the people living there. According to the world bank organization more than 80% of global GDP is generated by in urban areas, urbanization can contribute to sustainable growth if managed by well increasing productivity by allowing innovation and ideas to emerge. As a result, increased urbanization and adoption of new technologies will increase the use of more polyester contrabands detector in detecting various devices, which will serve as a catalyst for the Contraband detector industry in the future. However, huge initial investment and higher operational and maintenance costs associated with security systems may impede market growth over the forecast period of 2021-2027.

Asia Pacific, North America, Europe, Latin America, and Rest of the World are the key regions considered for the regional analysis of global contraband detector market. The rising infrastructural development and the growing adoption of advance technologies and touchless enabled technologies makes Asia Pacific a significant region across the world in terms of market share. Whereas Asia pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027 due to the shifting consumer inclination for new technologies and rising government initiatives in the region.

Major market player included in this report are:

Smiths group
OSI systems
Leidos
Nuctech
Metrasens
Adani systems
Berkeley varitronics systems
Ceia
Cseco
Godrej security solutions

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Technology:
X-ray imaging
Metal detection
Spectrometry and spectroscopy
Others
By Screening type:
People screening
Baggage and cargo screening
Vehicle screening
By Deployment:
Fixed
Portable

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Contraband detector Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Contraband Detector Market , by Region, 2019-2027 (USD Billion)
1.2.2. Contraband Detector Market , by Technology, 2019-2027 (USD Billion)
1.2.3. Contraband Detector Market , by Screening type , 2019-2027 (USD Billion)
1.2.4. Contraband Detector Market , by Deployment type, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Contraband Detector Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Contraband Detector Market Dynamics
3.1. Contraband Detector Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Growing security concerns due to rapid urbanization
3.1.1.2. Rising government investments for improvement and construction of transit locations.
3.1.2. Market Restraint
3.1.2.1. Huge initial investment
3.1.2.2. Higher operational and maintenance costs
3.1.3. Market Opportunities
3.1.3.1. Digital transformation through inclusion of AI technology in security applications
3.1.3.2. High importance of security measures in aviation and retail applications
Chapter 4. Global Contraband Detector Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Contraband Detector Market , by Technology
5.1. Market Snapshot
5.2. Global Contraband Detector Market by Technology, Performance – Potential Analysis
5.3. Global Contraband Detector Market Estimates & Forecasts by Technology 2018-2027 (USD Billion)
5.4. Contraband Detector Market , Sub Segment Analysis
5.4.1. X-ray imaging
5.4.2. Metal Detection
5.4.3. Spectrometry and spectroscopy
5.4.4. Others
Chapter 6. Global Contraband Detector Market , by Screening type
a. Market Snapshot
6.1. Global Contraband Detector Market by Screening type, Performance – Potential Analysis
6.2. Global Contraband Detector Market Estimates & Forecasts by Screening type 2018-2027 (USD Billion)
6.3. Contraband Detector Market , Sub Segment Analysis
6.3.1. People screening
6.3.2. Baggage and cargo screening
6.3.3. Vehicle screening
Chapter 7. Global Contraband Detector Market , by Deployment type
b. Market Snapshot
7.1. Global Contraband Detector Market by Deployment type, Performance – Potential Analysis
7.2. Global Contraband Detector Market Estimates & Forecasts by Deployment type 2018-2027 (USD Billion)
7.3. Contraband Detector Market , Sub Segment Analysis
7.3.1. Fixed
7.3.2. Portable
Chapter 8. Global Contraband Detector Market , Regional Analysis
8.1. Contraband Detector Market , Regional Market Snapshot
8.2. North America Contraband Detector Market
8.2.1. U.S. Contraband Detector Market
8.2.1.1. Technology breakdown estimates & forecasts, 2018-2027
8.2.1.2. Screening type breakdown estimates & forecasts, 2018-2027
8.2.1.3. Deployment type breakdown estimates & forecasts, 2018-2027
8.2.2. Canada Contraband Detector Market
8.3. Europe Contraband Detector Market Snapshot
8.3.1. U.K. Contraband Detector Market
8.3.2. Germany Contraband Detector Market
8.3.3. France Contraband Detector Market
8.3.4. Spain Contraband Detector Market
8.3.5. Italy Contraband Detector Market
8.3.6. Rest of Europe Contraband Detector Market
8.4. Asia-Pacific Contraband Detector Market Snapshot
8.4.1. China Contraband Detector Market
8.4.2. India Contraband Detector Market
8.4.3. Japan Contraband Detector Market
8.4.4. Australia Contraband Detector Market
8.4.5. South Korea Contraband Detector Market
8.4.6. Rest of Asia Pacific Contraband Detector Market
8.5. Latin America Contraband Detector Market Snapshot
8.5.1. Brazil Contraband Detector Market
8.5.2. Mexico Contraband Detector Market
8.6. Rest of The World Contraband Detector Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Smiths group
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. OSI systems
9.2.3. Leidos
9.2.4. Nuctech
9.2.5. Metrasens
9.2.6. Adani systems
9.2.7. Berkeley varitronics systems
9.2.8. Ceia
9.2.9. Cseco
9.2.10. Godrej security solutions

Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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