PUBLISHER: SkyQuest | PRODUCT CODE: 1225668
PUBLISHER: SkyQuest | PRODUCT CODE: 1225668
Global Narcotics Scanner Market was valued at USD 6.32 billion in 2021 and it is expected to reach USD 9.92 billion by 2028, at a CAGR of 6.6% over the forecast period (2022-2028).
The demand for narcotic detection is fueled by the rise in drug trafficking, which includes the distribution of substances like cocaine and heroin, among others. Several law enforcement organisations, including the Phoenix (Arizona) Police Department, are putting advanced drugs analysis technologies to use in order to enhance the security and welfare of the communities they serve and protect.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Narcotics Scanner market and various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Narcotics scanner market is segmented based on product, technology, end users. Based on product market is further segmented into handheld/portable scanner, fixed scanner, walkthrough scanner. Based on technology market is further segmented into contraband detection equipment, infrared spectroscopy, ion mobility spectrum technology, video scope inspection system. Based on end users' market is further divided into airport, sea port, railway terminal, law enforcement, defence and military, others. Based on region market is segmented into North America, Asia Pacific, Europe, Latin America and Middle East Africa.
There is an urgent need to implement narcotic scanners to prevent the illicit transportation of drugs due to the advent of cannabinoids (K2 spice), dibutylone, and synthetic cathinones (bath salts), which are visually indistinguishable from one another. The volume of drugs being smuggled into the US is continuing to climb, according to the Office of Field Operations, a US federal law enforcement organisation that oversees activities at more than 300 ports, including 15 pre-clearance stations in the Caribbean, Ireland, and Canada. These elements will fuel market expansion during the coming year.
Demand for drones is rising globally across a wide range of end-use sectors. Use of drones is rising, which also means that more illegal actions are associated with them. Drones are increasingly being used to transport illegal drugs across the border between the United States and Mexico, as well as between India and other developing and industrialised nations. In December 2020, Punjab police arrested two people for using a drone to smuggle drugs and firearms over international borders. As a result, major market competitors face a serious risk from the expanding use of drones to violate drug control laws. It is anticipated that this factor will restrain market growth.
The goal of the narcotics scanning technology, which is expanding in airports, is to apprehend and detain persons who have handled drugs and to identify either consumers or traffickers of illegal substances, thereby promoting market expansion. Drug trafficking, international organised crime, and terrorism frequently transit through airports. As a result, the need for trace detection systems is being fueled by the increasing drug trafficking and criminal activity in the area.