Published Date: 24-Jun-2021
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According to a new report Global Contraband Detector Market, published by KBV research, The Global Contraband Detector Market size is expected to reach $6.6 billion by 2027, rising at a market growth of 7.5% CAGR during the forecast period.
X-ray imaging technology is anticipated to acquire the biggest market share in terms of value and would showcase the same growth trend over the forecast period. It is owing to the high adoption of X-ray imaging-based contraband detector systems at numerous transport locations like seaports, airports, railway stations, and many other applications. In addition, X-ray imaging systems utilize radio waves to identify illegal objects, which can be hidden in people's clothes.
The transportation application segment is estimated to acquire the largest market share over the forecast period. It is owing to the constant demand for contraband detector systems at the transit locations like seaports, airports, railway stations, and others as they are more prone to security threats. It would further surge the demand for contraband detectors in transportation applications. Additionally, the adoption of temperature sensing & touchless contraband detectors at various transit locations has increased because of the global covid-19 pandemic.
The North America market dominated the Global Contraband Detector Market by Region 2020. Asia Pacific region is anticipated to register the highest growth rate in the contraband detector market during the forecast period. The key market players are witnessing a spur in demand for contraband detectors from nations like India, Japan, China, and South Korea. The growing demand for contraband detectors like metal detectors, screening systems, and others in South Korea, Japan, China, and India is anticipated to bolster the growth of the contraband detector market in the Asia Pacific region.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Smiths Group PLC, Godrej & Boyce Mfg. Co. Ltd. (Godrej Security Solutions), OSI Systems, Inc., Leidos Holdings, Inc., Nuctech Company, Ltd. (Tsinghua Tongfang Co., Ltd.), Metrasens Ltd., ADANI Systems, Inc. (LINEV Group), Berkeley Varitronics Systems, Inc., CEIA S.p.A. (Costruzioni Elettroniche Industriali Automatismi), and Campbell/Harris Security Equipment Company.
By Deployment Type
By Screening Type
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