Contraband Detector Market Increasing Demand, Growth Analysis and Future Outlook by 2031


Posted October 14, 2024 by Tan8121

Global contraband detector market is anticipated to grow at a considerable CAGR of 4.5% during the forecast period (2024-2031).

 
Global contraband detector market is anticipated to grow at a considerable CAGR of 4.5% during the forecast period (2024-2031). The contraband detectors are being actively adopted by several governments in their different strategic moves to limit the illegal trafficking of contraband like drugs, weapons, currency, and explosives. The growing demand for contraband detectors by government organizations is a key factor driving the growth of the global contraband detector market.

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In November 2023, the South Carolina Department of Corrections carried out a sting operation at its headquarters owing to their concern with contraband, like drugs and cell phones, getting inside the jail walls. These officials are planning to conduct more random searches in hopes of eliminating illegal contraband from entering their prisons.

In the same month, the Federal Executive Council, FEC, approved the award of a contract for the supply and installation of customized explosive and contraband detection screening systems in five international airports across Nigeria.

Further, in January 2023, the National Agency for Food and Drug Administration and Control launched the Narcotic Drugs Serialisation Pilot Project, in a bid to strengthen the quality and security of medical products in the country’s drug distribution network. The initiative aimed to combat the proliferation of substandard and falsified medicines by implementing a traceability system, addressing challenges posed by unscrupulous elements in the pharmaceutical supply chain.

Market Coverage

The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered- 

o             By Type

o             By End-User

Regions Covered-

o             North America

o             Europe

o             Asia-Pacific

o             Rest of the World

Competitive Landscape- American Science and Engineering Inc., OSI Systems, Inc., Garrett Metal Detector, Smiths Group plc, and Godrej Security Solutions among others.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
Who is the leader in the market?
How are players addressing challenges to sustain growth?
Where is the investment opportunity?

Global Contraband Detector Market Report Segment

By Type

Fixed
Portable/Handheld

By End-User

Airport
Public Transportation
Law Enforcement
Retail & Commercial

A full report of Contraband Detector Market available @ https://www.omrglobal.com/industry-reports/contraband-detector-market

Company Profiles

Adani Systems, Inc.
Astrophysics Inc.
Autoclear LLC
Berkeley Varitronics Systems, Inc.
E.I.A. SpA
Chemring Group PLC
Godrej Security Solutions
Klipper Enterprises
L-3 Communications Security and Detection Systems, Inc. (L3Harris)
Leidos Inc.
Magal Security Systems Ltd.
Metrasens Inc.

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About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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Last Updated October 14, 2024