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Contraband Detector Market Share

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

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Contraband Detector Market Share

Leidos Holdings, Inc. and OSI Systems, Inc. hold a significant share of over 20% in the contraband detector industry. Leidos Holdings, Inc. is a prominent player in the contraband detector industry, providing advanced technologies for detecting illicit substances and materials. Leveraging innovative solutions such as scanners, sensors, and detection algorithms, Leidos offers comprehensive security solutions to government agencies, law enforcement, and border control authorities worldwide.

OSI Systems, Inc. secures a significant share in the contraband detector market through its specialized subsidiary, Rapiscan Systems. Renowned for its high-quality security screening & detection technologies, OSI Systems offers a wide range of products that cater to various sectors including aviation, critical infrastructure, and border security, backed by a strong global sales & support network.

Contraband Detector Market Companies

Major companies operating in the contraband detector industry are:

Leidos Holdings, Inc.
OSI Systems, Inc.
Smiths Group PLC
Nuctech Company Limited
Metrasens Inc.
Adani Systems, Inc.
CEIA SpA

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.