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Narcotics Scanner Market Growth Opportunities 2024–2032

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The global narcotics scanner market was valued at USD 6.87 billion in 2023 and is expected to increase from USD 7.21 billion in 2024 to USD 14.35 billion by 2032, reflecting a compound annual growth rate (CAGR) of 9.0% over the forecast period. In 2023, North America led the market, accounting for a 40.17% share.

The narcotics scanner market is experiencing steady growth driven by increasing concerns over drug trafficking, heightened security needs at borders and airports, and advancements in scanning technologies. These devices play a crucial role in law enforcement and customs operations by enabling efficient and accurate detection of illicit substances. Growing investments in security infrastructure and the adoption of advanced screening solutions across various sectors, including transportation and defense, are further fueling market expansion. With rising global awareness and stricter regulations, the demand for narcotics scanners is expected to continue its upward trajectory in the coming years.

Information Source-

https://www.fortunebusinessinsights.com/narcotics-scanner-market-104053

Competitive Landscape

Introduction of Advanced Screeners to Boost the Narcotics Scanner Market Growth

Leading developers of narcotics scanners are focusing on launching advanced and sophisticated screening devices to support drug control operations of law enforcement agencies. These companies are also making targeted investments towards expanding their global market footprint by introducing next-gen scanners in emerging economies.

Narcotics Scanner Market

List of Key Players Covered in the Narcotics Scanners Market Report

Segmentation

By product type, the market’s segments include handheld scanners, tabletop scanners, and walkthrough scanners. Based on technology, this market is divided into ion mobility spectrum technology, contraband detection equipment, and video scope inspection system. On the basis of end-use industry, the market has been grouped into airports, law enforcement, defense & military, public transportation, and others. In terms of geography, the market has been segregated into North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America.

What Does the Report Offer?

The narcotics scanner market report contains a rigorous study of all factors and trends driving and shaping the size, share, and revenue of the market. Further, the report supplies a microscopic examination of the hindrances obstructing the growth of the market, as well as provides a careful analysis of the market segments. Additionally, a detailed assessment of the competitive landscape and regional prospects of the market are also incorporated into the report.

Driving Factor

Illicit Production & Distribution of Drugs amid COVID-19 to Bolster Market Growth

The COVID-19 pandemic has had catastrophic economic consequences, pushing millions of people, who were on the brink of poverty and deprivation prior to the pandemic, over the edge. UNODC’s World Drug Report 2020 states that economic hardship triggered by the coronavirus may lead to a large number of people resorting to illegal drug-related activities to secure their livelihoods. Furthermore, the same report also highlighted that drug markets have grown and expanded in Asia Pacific, particularly Southeast Asia, remaining relatively unaffected by the pandemic. The coronavirus has, therefore, heightened the need for narcotics scanners as smugglers are finding new routes to traffic contraband substances across borders. For example, the UNODC reported a significant increase in the usage of maritime routes to smuggle heroin into Europe amid the pandemic, as trafficking via land routes has become riskier in recent times. Thus, rising drug production and supply activities in the midst of the current health crisis will necessitate the deployment of effective technologies, which favors this market.

Regional Insights

Stringent Border Controls in the US to Aid the North America Market

North America is expected to dominate the narcotics scanners market share during the forecast period due to the growing stringency of border checks in the US. Law enforcement agencies across the US have been utilizing the capabilities of new-age screening technologies to prevent the illegal peddling of drugs, especially from Mexico, in the country. The thriving underworld drug industry in Asia Pacific has forced authorities in this region to rapidly deploy drug-detecting devices, such as narcotics scanners, and curb trafficking activities. In Europe, the high rate of drug smuggling from Central Asia and North Africa will escalate the demand for drug analyzing tools and technologies in the coming years.

Industry Development

In November 2023, Nigeria’s Federal Executive Council approved the procurement of baggage scanners for five major international airports—Abuja, Lagos, Enugu, Port Harcourt, and Kano. The approval also includes a contract for the supply and installation of advanced, customized explosive and narcotic detection screening systems featuring remote access and dual-view capabilities.

In October 2023, Teledyne FLIR Defense, a subsidiary of Teledyne Technologies Incorporated, introduced the Griffin G510x, a cutting-edge portable chemical detector. Specifically designed for field operations, the device can detect and identify explosives and narcotics, including fentanyl. This new model enables first responders and law enforcement personnel to confidently identify street drugs in under five minutes.

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