The Contraband Detector Global Market Report 2023, provides comprehensive information on the contraband detector market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global contraband detector market size is expected to grow from $4.32 billion in 2022 to $4.63 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global contraband detector market size is expected to reach $6.06 billion in 2027 at a CAGR of 7%.
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The inclusion of AI technology is a key trend gaining popularity in the contraband detector market. Major companies operating in the contraband detector market are adopting AI technologies to sustain their position in the market. For instance, in September 2022, OD Security, a Netherlands-based security company, launched the automatic contraband detection software THEIA for contraband detectors. THEIA is a complete body scanner that automatically detects threats. THEIA employs sophisticated artificial intelligence (AI) software to automatically highlight and identify irregularities in scan pictures, directing employees to suspected contraband and enhancing the security of the prison estates by preventing the entry of contraband. THEIA uses machine learning techniques to identify contraband. Large quantities of negative body scan photos were used to train it, increasing general safety, THEIA lowering operator error, and raising general security in jails and other detention facilities.
The contraband detector market is segmented:
1) By Technology: X-ray Imaging, Metal Detection, Spectrometry and Spectroscopy, Other Technologies
2) By Target-Based Screening: People Screening, Baggage And Cargo Screening, Vehicle Screening
3) By Deployment Type: Fixed, Portable
4) By Application: Transportation, Government, Retail, Hospitality, Commercial, Industrial, Education, Events And Sports, Other Applications
North America was the largest region in the contraband detector market in 2022.
The table of contents in TBRC’s contraband detector market report includes:
1. Executive Summary
2. Contraband Detector Market Characteristics
3. Contraband Detector Market Trends And Strategies
4. Contraband Detector Market - Macro Economic Scenario
5. Contraband Detector Market Size And Growth
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26. Africa Contraband Detector Market
27. Contraband Detector Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Contraband Detector Market
29. Contraband Detector Market Future Outlook and Potential Analysis
30. Appendix
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