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Contraband Detector Market Trends

  • Report ID: GMI8109
  • Published Date: Feb 2024
  • Report Format: PDF

Contraband Detector Market Trends

There is a significant trend toward integrating more advanced technologies in contraband detection systems. Artificial intelligence, machine learning, and advanced imaging techniques are being deployed to enhance the accuracy & efficiency of detection systems. For instance, in December 2022, Hikvision India launched an X-ray baggage scanner integrated with an AI-based intelligent security inspection system. It is equipped with value-added features such as real-time video monitoring, threat detection, and integrated AI. AI algorithms can analyze images & data at unprecedented speeds, reducing human error and increasing the likelihood of identifying contraband items.
 

Non-Intrusive Inspection (NII) technologies, such as X-ray scanners and gamma-ray systems, are becoming more prevalent. These systems enable quick & thorough examination of vehicles, cargo, and luggage without the need for manual searches, streamlining security processes at borders, airports & other critical infrastructure.

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market size of contraband detector reached USD 4.5 billion in 2023 and is set to record substantial growth at over 8% CAGR from 2024 to 2032, propelled by the rising security concerns due to terrorism, smuggling, and illegal immigration, spurring investments from governments & private entities in advanced contraband detection technologies.

X-ray imaging segment accounted for more than 30% of the market share in 2023, owing to the surging global trade volumes and the exponential growth of e-commerce.

North America market held over 30% of the revenue share in 2023, driven by the significant trade volume and economic activity including busy ports of entry & extensive commercial trade routes, surging the demand for robust security measures to prevent contraband smuggling in the region.

Some of the top firms engaged in the market are Leidos Holdings, Inc., OSI Systems, Inc., Smiths Group PLC, Nuctech Company Limited, Metrasens Inc., Adani Systems, Inc., and CEIA SpA.

Contraband Detector Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 14
  • Tables & Figures: 345
  • Countries covered: 22
  • Pages: 250
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