Narcotics Scanner Market Size, Status and Forecast 2021- OSI Systems Inc., Bruker Corporation, FLIR Systems Inc., Aventura Technologies Inc., L-3 Security And Detection Systems Inc

The Narcotics Scanner report provides overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses and regional growth of the leading competitors operating in the market on a global and local scale. This study provides information about the growth and revenue during the historic and forecasted period of 2015 to 2025. The structured analysis contains graphical as well as a diagrammatic representation of global Narcotics Scanner Market with its specific geographical regions.

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The narcotics scanner market is expected to register a CAGR of 6.21% over the forecast period 2020 to 2025.

Top leading Manufactures Profiled in Narcotics Scanner Market Report are: OSI Systems Inc., Bruker Corporation, FLIR Systems Inc., Aventura Technologies Inc., L-3 Security And Detection Systems Inc., Smiths Detection Inc., Nuctech Company Limited, Teknicom Solutions Ltd, Astrophysics Inc., Viken Detection, Thermofisher Scientific Inc.

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Regional Analysis for Narcotics Scanner Market:

For a comprehensive understanding of market dynamics, the global Narcotics Scanner market is analyzed across key geographies namely the United States, Europe, China, Japan, Southeast Asia, India, Central & South America. Each of these regions is analyzed based on market findings across major countries in these regions for a macro-level understanding of the market

News and updates

- In December 2019 - OSI Systems Inc. announced that its Security division was awarded contracts collectively valued at approximately USD 15 million by an international port authority, to provide multiple units of the Companys Rapiscan Eagle P60 high-energy X-ray cargo and vehicle inspection systems. It is expected to construct civil works, to support the installation of the systems, as well as provide training, and follow on maintenance and support.?

Segment by Type, the Narcotics Scanner market is segmented into
Portable
Stationary

Segment by Application, the Narcotics Scanner market is segmented into
Airport
Train Station
Others

Narcotics Scanner Market Overview:

The demand for narcotic detection is driven by the increasing instances of trafficking of drugs, such as ,and , among others. Various law enforcement agencies, like 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, there is a dire need to deploy narcotic scanners to restrict the unauthorized movements of drugs.?

- The Office of Field Operations, a US federal law enforcement agency managing operations at over 300 ports, including 15 pre-clearance stations in the Caribbean, Ireland, and Canada, reports continued rise in the number of drugs being smuggled observed in the United States.

- The growing focus of the governments across various regions, to develop a healthy habitat by reducing drug tariffing is boosting the growth of the market. The European Union and its Member States are committed to achieving the goals adopted in the United Nations 2030 Agenda for Sustainable Development. Many aspects of these goals relate directly and indirectly to drug problems. ?

- Owing to this, in January 2019, the UK government-employed scanners that detect drugs on clothes and mail are up and running at 10 of the most challenging jails. The technology can detect invisible traces of drugs, including psychoactive substances, soaked into clothing and paper, a technique increasingly used by criminals attempting to smuggle drugs into prisons. The 10 Prisons Project was announced in August 2018, and it is being funded by an initial EUR 10 million investment.

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Regional Analysis

Asia-Pacific to Witness Significant Growth

- Asia-Pacific is expected to have significant growth in the market studied, due to the increasing inflow of investments for the development of the transit sector, particularly airports. The escalation in the production and use of synthetic drugs amphetamines, in economies, such as Singapore, China, and Vietnam, is anticipated to play a crucial role in the growth of the market. ?

- The United Nations Office on Drugs and Crime (UNODC) estimates that the Asia-Pacific methamphetamine trade alone was worth as much as USD 61.4 billion in 2018, up from an estimated USD 15 billion just five years earlier. The growing focus of the countries in the region to reduce drug trafficking is driving the growth of the market studied.?

- China is a significant contributor to the ongoing narcotics trade in the region. The country has been witnessing drug trafficking majorly from the overseas. Drugs smuggled in from overseas are a source of increasing harm and a potential threat to the health of the nation. According to a report released by China�s National Narcotics Control Commission (CNNCC), found that Chinese seizures of illegal drugs, mostly synthetic drugs, from the Golden Triangle which straddles Laos, Myanmar, and Thailand increased by 17.6% year-on-year to 29.6 metric ton, in 2018. The commission also reported seizing 1.4 metric ton of from South America last year, up 3.4 times from the year before.

Table of Contents:

-Narcotics Scanner Market Overview

-Economic Impact on Industry

-Market Competition by Manufacturers

-Production, Revenue (Value) by Region

-Supply (Production), Consumption, Export, Import by Regions

-Production, Revenue (Value), Price Trend by Type

-Market Analysis by Application

-Manufacturing Cost Analysis

-Industrial Chain, Sourcing Strategy and Downstream Buyers

-Marketing Strategy Analysis, Distributors/Traders

-Market Effect Factors Analysis

-Narcotics Scanner Market Forecast

Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2025Top of Form

In conclusion, Narcotics Scanner market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function a profitable guide for all the Narcotics Scanner Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research report from every individual sector which will be helpful to understand the industry data in the most precise way.

What is the Impact of Covid-19 Outbreak on the Narcotics Scanner?

– Optimistic Scenario: COVID-19 is contained by May or June, With Normalcy returning to global operations through the End of Q2.

– Conservative Scenario: COVID-19 Remains Prevalent, with Continued Impacts Lasting into Q4.

– Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Global Narcotics Scanner.

– Narcotics Scanner Market Size in 2021

– Corporate Strategy the Manufacturers Should Be Thinking About Right Now.

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