Report Id: SNS/SEMI/2316 | July 2022 | Region: Global | 125 Pages
Report Scope & Overview:
The Contraband Detectors Market Size was valued at USD 4.08 billion in 2022, and is expected to reach USD 7.34 billion by 2030 and grow at a CAGR of 7.6% over the forecast period 2023-2030.
Contraband items include illegal substances such as explosives, nuclear materials, and weapons. A contraband detector is a device that detects hidden illegal items like weapons, drugs, and explosives. These detectors are used to secure borders in government and military facilities, as well as at airports and metro stations to check baggage and protect areas from contraband materials. When a contraband detector detects a contraband material, an alarm sounds, and guards investigate to determine whether the alarm is valid or false. Contraband detectors calculate the mass density of the object under inspection and display the difference in densities between the unauthorized contraband material or item and the object in which the contraband is hidden. Contraband detectors are used in a variety of settings, including government buildings, transportation, and homeland security.
MARKET DYNAMICS:
KEY DRIVERS:
Continuous technological advances in security screening systems, as well as revised European Union Threat Detection Standards.
Rising government investments in improving existing transit facilities and building new transit locations, particularly airports.
RESTRAINTS:
Security systems require a significant initial investment as well as higher operational and maintenance costs.
OPPORTUNITIES:
Security measures are extremely important in aviation and retail applications.
AI technology integration in security applications enables digital transformation.
CHALLENGES:
Full-body scanners pose medical risks.
IMPACT OF COVID-19:
The COVID-19 pandemic has devastated several industries worldwide, including live sports and related industries such as broadcasting, hospitality, and transportation. Many scheduled tournament events, including the Tokyo Olympics, have been postponed or altered to conform to social distancing norms. As a result, stakeholders are attempting to estimate the revenue and viewership impact of interrupted revenue generation and a sudden drop in audience engagement and attendance. Global lockdowns, particularly in Asia, have hampered the adoption of contraband detectors in 2020. Over the year, the significant drop in travel and the prolonged closure of public places resulted in the redundancy of purchases and the adoption of contraband detectors. With frequent lifting and re-introduction of shutdowns, both locally and globally, maintenance and operational costs rose significantly during the lockdown period.
Based on Technology, the contraband detectors market is segmented by X-ray Imaging, Spectroscopy/Spectrometry, Metal Detection, and others. During the forecast period, the contraband detector market for x-ray imaging technology is expected to have the highest market share. Backscatter and computed tomography (CT) X-ray screening technologies are widely used in a variety of critical locations around the world. With technological advancements, various x-ray imaging technologies such as backscatter technology, energy transmission, and computed tomography (CT) are seeing increased adoption in transportation, retail, and government applications. As a result, the x-ray imaging technology market will have the largest market share during the forecast period.
Based on Application, the contraband detectors market is segmented by Government, Retail, Hospitality, Industrial, Events and Sports, Transportation, Commercial and Education. During the forecast period, the market for transportation applications is expected to have the largest market share. This is due to the consistent demand for contraband detector systems in transit areas such as airports, seaports, and railway stations, among others. Illicit material transit poses a significant threat to these locations. As a result, there is a greater demand for contraband detectors in transportation applications. Due to the Covid pandemic, there has also been an increase in the use of temperature sensing and touchless contraband detectors in such transit locations. Touchless technological innovations are becoming more popular as a result of hygiene concerns. During the forecast period, such developments are expected to drive the transportation application market.
COMPETITIVE LANDSCAPE:
The key players in the contraband detectors market are Smiths Group, Leidos, Metrasens, Berkeley Varitronics Systems, CSECO, Godrej Security Solutions, OSI Systems, Nuctech, Adani Systems and CEIA.
MARKET SEGMENTS:
By Screening Type
People Screening
Vehicle Screening
Baggage and Cargo Screening
By Deployment Type
Portable
Fixed
By Technology
X-ray Imaging
Spectroscopy/Spectrometry
Metal Detection
Others
By Application
Government
Retail
Hospitality
Industrial
Events and Sports
Transportation
Commercial
Education
REGIONAL ANALYSIS:
From 2022 to 2028, APAC is expected to lead the contraband detector market with the highest CAGR. One of the major driving factors for market growth is the increasing need for security as a result of various infrastructure developments. The rising trend of advanced technology adoption, including AI and touchless-enabled technologies, is expected to create growth opportunities for the APAC contraband detector market. Rising government initiatives in various countries such as China, India, and South Korea to combat terrorism and provide a more secure environment are expected to boost APAC market growth.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Report Attributes | Details |
---|---|
Market Size in 2022 | US$ 4.08 Billion |
Market Size by 2030 | US$ 7.34 Billion |
CAGR | CAGR of 7.6% From 2023 to 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Historical Data | 2020-2021 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Screening Type (People Screening, Vehicle Screening, Baggage And Cargo Screening) • By Deployment Type (Portable, Fixed) • By Technology (X-Ray Imaging, Spectroscopy/Spectrometry, Metal Detection, Other) • By Application (Government, Retail, Hospitality, Industrial, Events And Sports, Transportation, Commercial, Education) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | Smiths Group, Leidos, Metrasens, Berkeley Varitronics Systems, CSECO, Godrej Security Solutions, OSI Systems, Nuctech, Adani Systems and CEIA. |
Key Drivers | • Continuous technological advances in security screening systems, as well as revised European Union Threat Detection Standards. • Rising government investments in improving existing transit facilities and building new transit locations, particularly airports. |
Restraints | • Security systems require a significant initial investment as well as higher operational and maintenance costs. |
Frequently Asked Questions (FAQ) :
The Contraband Detectors Market size was valued at 3.8 billion in 2021 at a CAGR of 7.6%.
The market value is expected to reach USD 6.4 billion by 2028.
The market has been segmented with respect to product, screening type, deployment type, technology and application.
The key players in the contraband detectors market are Smiths Group, Leidos, Metrasens, Berkeley Varitronics Systems, CSECO, Godrej Security Solutions, OSI Systems, Nuctech, Adani Systems and CEIA.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Contraband Detectors Market Segmentation, by screening type
8.1Introduction
8.2 People Screening
8.3 Vehicle Screening
8.4 Baggage and Cargo Screening
9. Contraband Detectors Market Segmentation, by deployment type
9.1Introduction
9.2 Portable
9.3 Fixed
10. Contraband Detectors Market Segmentation, by technology
10.1 Introduction
10.2 X-ray Imaging
10.3 Spectroscopy/Spectrometry
10.4 Metal Detection
10.5 Others
11. Contraband Detectors Market Segmentation, by application
11.1 Introduction
11.2 Government
11.3 Retail
11.4 Hospitality
11.5 Industrial
11.6 Events and Sports
11.7 Transportation
11.8 Commercial
11.9 Education
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13.Company Profiles
13.1 HITACHI LTD.
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Smiths Group
13.3 Leidos
13.4 Metrasens
13.5 Berkeley Varitronics Systems
13.6 CSECO
13.7 Godrej Security Solutions
13.8 OSI Systems
13.9 Nuctech
13.10 Adani Systems
13.11 CEIA
14.Competitive Landscape
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
15.Conclusion
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