PUBLISHER: TechNavio | PRODUCT CODE: 1705213
PUBLISHER: TechNavio | PRODUCT CODE: 1705213
The airport narcotics detectors market is forecasted to grow by USD 593 mn during 2024-2029, accelerating at a CAGR of 6.6% during the forecast period. The report on the airport narcotics detectors market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising drug trafficking threats, stringent government regulations, and growing air passenger traffic.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 6.5% |
CAGR | 6.6% |
Incremental Value | $593 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's airport narcotics detectors market is segmented as below:
By Technology
By Application
By Geographical Landscape
This study identifies the introduction of new products as one of the prime reasons driving the airport narcotics detectors market growth during the next few years. Also, integration of ai and ml in airport narcotics detectors and increasing number of contracts will lead to sizable demand in the market.
The report on the airport narcotics detectors market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading airport narcotics detectors market vendors that include 1st Detect Corp., Agilent Technologies Inc., Astrophysics Inc., Bruker Corp., Chemring Group Plc, DetectaChem Inc., EAS Envimet Analytical Systems GmbH, Leidos Holdings Inc., Nuctech Co. Ltd., OSI Systems Inc., Scintrex Ltd, Smiths Detection Group Ltd., Teledyne FLIR LLC, Thermo Fisher Scientific Inc., unival group GmbH, Vidisco Ltd., and Viken Detection Corp.. Also, the airport narcotics detectors market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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