The research and analysis conducted in Narcotics Scanner Report helps clients to predict investment in an emerging market, expansion of market share or success of a new product with the help of global market research analysis. This report has been designed in such a way that it provides very evident understanding of the business environment and Narcotics Scanner industry. Nevertheless, this global market research report unravels many business problems very quickly and easily. Due to high demand and the value of market research for the success of different sectors, Narcotics Scanner Market report is provided that covers many work areas.

Market expectations for likely development openings have been mentioned clearly in this world class Narcotics Scanner Market research report. Competition analysis has been taken into account while preparing this report. A market analysis has turned into a vital piece of every business to settle on smart choices in the organizations which have been viably carried by experienced analysts. This market report provides best solutions for strategy development and implementation depending on client’s needs to extract tangible results. Businesses can bring about an absolute knowhow of general market conditions and tendencies with the information and data covered in this Narcotics Scanner Market report.

Global narcotics scanner market is expected to register a substantial CAGR of 6.17% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the requirement of solutions for the reaction to catastrophe attacks.

Market Definition: Global Narcotics Scanner Market

Narcotics scanners are scanning devices that are used for the detection of any presence of different types of narcotics in objects, packaged products, containers. These scanners employ a wide variety of technologies and are utilized in a wide-variety of applications such as in airports, public areas, transportation stations, various law enforcement applications among others.

Market Drivers:

Rapid rise in incidences of substance abuse is expected to propel the growth of the market
Various innovations and advancements in technologies with a  focus on the detection of different forms of narcotics can also fuel the growth of this market
High levels of investment and expenditure being incurred by the authorities and governments to curb the usage of narcotics while attaining high quality scanning instruments to deploy at various public places acts as a market driver
High volume of drug trafficking being carried out globally is expected to have a positive impact on this market growth

Market Restraint:

Decreasing rate of investment being incurred from the transportation industry for the detection of various substances and elements is the major factor restricting the growth of this market

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Segmentation: Global Narcotics Scanner Market

By Product

Handheld Scanner
Tabletop Scanner
Walkthrough Scanner
Infrared Scanner

By Application

Airport
Train Station
Military
Cargo
Transportation
Law Enforcement
Defense
Military
Critical Infrastructure Access Control
Others
Ports
Malls

By Technology

Ion Mobility Spectrum Technology
Contraband Detection Equipment
Videoscope Inspection System

By Geography

North America
S.
Canada
Mexico
Europe
Germany
Italy
K.
France
Spain
Netherlands
Belgium
Switzerland
Turkey
Russia
Rest of Europe
Asia-Pacific
Japan
China
India
South Korea
Australia
Singapore
Malaysia
Thailand
Indonesia
Philippines
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
South Africa
Egypt
Israel
Rest of Middle East and Africa

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Key Developments in the Market:

In November 2017, Spectral Engines Oy announced the launch of portable drug screening device for police patrol cars, giving them the capability of rapid narcotics detection on-site in a cost efficient manner. The scanner provides the results in the users phone. The scanner can be upgraded to detect other uniquely designed drugs
In October 2017, Smiths Detection Group Ltd. announced that their “IONSCAN 600” is the first approved detection system according to the new requirements of TSA’s Air Cargo Screening Technology List (ACSTL). The device is a portable detection system which can detect explosives as well as narcotics

Competitive Analysis

Global narcotics scanner market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of narcotics scanner market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Major Market Competitors/Players

Few of the major competitors currently working in the global narcotics scanner market are Aventura Technologies, Inc.; TactiScan; FLIR Systems, Inc.; Rapiscan Systems; Smiths Detection Group Ltd.; L3Harris Security & Detection Systems; ARGO-A SECURITY; Bruker; Klipper Enterprises; Chemring Group PLC; MATRIX Security & Surveillance Ltd.; Teknicom Solutions Ltd.; Jamal Jaroudi Group; Autoclear, LLC; DetectaChem; DECISION SCIENCES; Kapri Corp. among others.

The Narcotics Scanner market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Narcotics Scanner market.

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Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Narcotics Scanner market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Narcotics Scanner market. These factors have benefited the growth of the global market for Narcotics Scanner. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

Reasons to Purchase this Report:

Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
Market value USD Million and volume Units Million data for each segment and sub-segment
Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

(**NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.)

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Table of Content:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

Market outline

PART 05: MARKET LANDSCAPE

Market ecosystem
Market characteristics
Market segmentation analysis

PART 06: MARKET SIZING

Market definition
Market sizing 2021
Market size and forecast

PART 07: FIVE FORCES ANALYSIS

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

PART 08: MARKET SEGMENTATION BY PRODUCT

Global Narcotics Scanner market by product
Comparison by product
Market opportunity by product

PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

Global Narcotics Scanner market by distribution channel
Comparison by distribution channel
Global Narcotics Scanner market by offline distribution channel
Global Narcotics Scanner market by online distribution channel
Market opportunity by distribution channel

PART 10: CUSTOMER LANDSCAPE

PART 11: MARKET SEGMENTATION BY END-USER

Global Narcotics Scanner market by end-user
Comparison by end-user

PART 12: REGIONAL LANDSCAPE

Global licensed Narcotics Scanner market by geography
Regional comparison
Licensed Narcotics Scanner market in Americas
Licensed Narcotics Scanner market in EMEA
Licensed Narcotics Scanner market in APAC
Market opportunity

PART 13: DECISION FRAMEWORK

PART 14: DRIVERS AND CHALLENGES

Market drivers
Market challenges

PART 15: MARKET TRENDS

PART 16: VENDOR LANDSCAPE

Overview
Landscape disruption
Competitive scenario

PART 17: VENDOR ANALYSIS

Vendors covered
Vendor classification
Market positioning of vendors

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