Press release
Narcotics Scanner Market Latest Trends and Demand Analysis 2020- Argos Security Services Inc., Safran Sa, Osi Systems Inc., Flir Systems Inc., Smiths Detection
The narcotics scanner market is expected to record a CAGR of over 6%, during the forecast period of 2018-2023.The scope of the report is limited to product types of narcotics scanners, technologies involved, and various end-user industries. The regions considered in the scope of the report include - North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Request sample copy of this report at
https://www.marketinsightsreports.com/reports/01241063691/global-narcotics-scanner-market-segmented-by-product-type-table-top-handheld-technology-ion-mobility-spectrometry-technology-contraband-detection-equipment-end-user-industry-and-geography-growth-trends-and-forecast-2018-2023/inquiry?source=maeilhk&Mode=21
The rising instances of trafficking of cocaine, heroin, etc., have augmented the demand for narcotic scanners in multiple industries, such as law, aviation, and military. As a result, the adoption rate of narcotics scanners is on the rise, to scan and monitor people and luggage, prevent permanent losses, and ensure the safety of people. However, issues related to lack of investments from the transport operators are estimated to hinder the growth of the market, during the forecast period.
The Global Narcotics Scanner market report chiefly includes following manufacturers-
Argos Security Services Inc., Safran Sa, Osi Systems Inc., Flir Systems Inc., Smiths Detection Inc., L-3 Communications Security And Detection Systems Inc., Aventura Technologies Inc., Lasershield Systems Inc., Klipper Enterprises, Ketech Group Limited, Chemring Group Plc, Matrix Security And Surveillance Pvt Ltd, Teknicom Solutions Ltd And Mistral Solutions Pvt Ltd,
Global Narcotics Scanner Market Scenario-
Increasing Need for Immediate Response to Catastrophic Attacks
According to a World Drug Report published by the United Nations Office on Drugs and Crime (UNODC), the number of illicit drug users witnessed an increase of 32.2%, across the world, between 2006 and 2016. This indicates that there exists a crucial need to tackle the ill effects of drugs, on health, development, peace, and security, worldwide.
Various law enforcement agencies, such as Phoenix (Arizona) Police Department, are implementing sophisticated narcotics analysis technologies that are designed to improve the safety and welfare of the communities they protect and serve. With the emergence of cannabinoids (K2, spice), dibutylone, and synthetic cathinones (bath salts) that are visually indistinguishable from one another in the market, there is a dire need to deploy narcotic scanners to restrict the unauthorized movements of drugs.
Asia-Pacific Poised to Record the Fastest Growth
The Asia-Pacific segment is projected to record the fastest growth in the narcotics scanner market, owing to the increasing inflow of investments for the development of the transit sector, particularly airports. The escalation in the production and use of amphetamines and synthetic drugs, in economies, such as China, Singapore, and Vietnam, is anticipated to play a crucial role in the growth of the market studied.
Moreover, the UN Office on Drugs and Crime reported a massive seizure of 287 million methamphetamine tablets in East Asia, which has raised concerns related to excessive usage of drugs in China, Singapore, and Malaysia. These factors are further expected to drive the demand for narcotic scanners, in order to support the prosperity of countries.
Major Highlights of Narcotics Scanner Market report:
-Narcotics Scanner Market Overview
-Market Competition by Manufacturers
-Industrial Chain, Sourcing Strategy and Downstream Buyers
-Marketing Strategy Analysis, Distributors/Traders
-Market Effect Factors Analysis
-Global Narcotics Scanner Market Forecast (2020-2026)
Inquire for Discount at
https://www.marketinsightsreports.com/reports/01241063691/global-narcotics-scanner-market-segmented-by-product-type-table-top-handheld-technology-ion-mobility-spectrometry-technology-contraband-detection-equipment-end-user-industry-and-geography-growth-trends-and-forecast-2018-2023/discount?source=maeilhk&Mode=21
Key Developments in the Market
-Mar 2018: OSI Systems Inc. facilitated Albanian Customs and State Police, in seizing 1,350 lbs. of cocaine being smuggled into Albania. The narcotics were detected by Rapiscan Eagle scanning systems, operated by the companys Albania subsidiary.
-Nov 2017: Smiths Detection Inc. launched IONSCAN 600, the first explosive trace detection system to be approved on the TSA Air Cargo Screening Technology List (ACSTL), to ensure the security of cargo aboard airplanes. The IONSCAN 600 is a portable desktop trace detection system that detects minute quantities of explosives, in addition to narcotics (such as fentanyl), within seconds.
Contact US:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com.
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Narcotics Scanner Market Latest Trends and Demand Analysis 2020- Argos Security Services Inc., Safran Sa, Osi Systems Inc., Flir Systems Inc., Smiths Detection here
News-ID: 2211294 • Views: …
More Releases from Market Insights Reports
Cold Chain Monitoring Market May See a Big Move | BlueAir, Denso, Eureka Forbes, …
Market Insights Reports published a new research publication on "Cold Chain Monitoring Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Cold Chain Monitoring market was mainly driven by the increasing R&D spending across the world.
Some of the key players…
Outbound Logistics Market Next Big Thing | Major Giants- Draexlmaier, Faurecia, …
Market Insights Reports published a new research publication on "Outbound Logistics Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Outbound Logistics market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in…
Veterinary Telemedicine Market May See a Big Move | Nestle, Deuerer, The J.M. Sm …
Market Insights Reports published a new research publication on "Veterinary Telemedicine Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Veterinary Telemedicine market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in…
Precision Planting Market is Set to Fly High in Years to Come
Market Insights Reports published a new research publication on "Precision Planting Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Precision Planting market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in…
More Releases for Narcotics
Rising Drug Use Amidst Global Challenges Propels Growth In The Narcotics Scanner …
Which drivers are expected to have the greatest impact on the over the narcotics scanner market's growth?
The escalating count of drug users is substantially boosting the narcotics scanner market's expansion. The COVID-19 situation has caused severe poverty, unemployment, social stresses, and mental health problems, exacerbating drug users' dependencies. Narcotics scanners are security instruments used to detect drugs and risky substances consumed by drug addicts. For instance, the Press Information Bureau,…
Narcotics Scanner Market Opportunities and Growth Forecast 2024-2031
The Narcotics Scanner Market is a dynamic and rapidly growing sector, driven by technological advancements in hardware, software, and digital infrastructure. It covers a diverse range of services such as cloud computing, cybersecurity, data analytics, and artificial intelligence. The increasing need for digital transformation across industries is propelling market growth. Emerging technologies like 5G, blockchain, and IoT are further unlocking new opportunities. With continuous innovation, the IT sector is poised…
Narcotics Scanner Market Outlook 2024-2031: Innovations, Demand, and Investment …
The Narcotics Scanner Market is a rapidly evolving sector, driven by advancements in hardware, software, and digital infrastructure. It encompasses a wide range of services, including cloud computing, cybersecurity, data analytics, and artificial intelligence. The increasing demand for digital transformation across industries is fueling growth. Emerging technologies like 5G, blockchain, and IoT are further expanding its potential. With continuous innovation, the IT market is expected to see robust growth in…
Narcotics Scanner Market Size & Share | Growth Analysis - 2032
The narcotics scanner market focuses on devices designed to detect illegal drugs in various settings, including airports, borders, and public spaces. Technological advancements have led to more accurate, portable, and efficient scanners, driving market growth. Increased drug trafficking and stringent government regulations also contribute to demand. Key players are investing in research and development to enhance detection capabilities and user-friendliness. The market is segmented by product type, end-user, and region,…
Enhancing Security: The Role of Narcotics Scanners in Public Safety
Growth in the incidences of drug abuse globally, increased focus of the major players on technological advancementsand increasing application of narcotics scannerfora wide range of applications such as airport, train station, military, cargo, transportation, law enforcement, defense, military, critical infrastructure access control and othersare the major factors attributable to the growth of narcotics scannermarket. Data Bridge Market Research analyses that the narcotics scannermarket will exhibit a CAGR of 6.05% for the forecast period…
Narcotics Detection Equipment Market To Grow Superlatively From 2017-2025
Narcotics Detection Equipment Market: Introduction
Increased manufacturing & trafficking of narcotics as well as the growing adeptness of traffickers in carrying narcotics has made it difficult for the authorities to locate them. To overcome this problem and to prevent trafficking and arrest smugglers, the authorities require technology which can locate narcotics positively.
The narcotics detection equipment is used for easy, reliable and safe inspection. It plays a significant role in preventing…
