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Narcotics Scanner Market Share

Report ID: GMI8705
Published Date: Mar 2024
Report Format: PDF

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Narcotics Scanner Market Share

Bruker Corporation and FLIR Systems Inc. holds a significant share of over 5.5% in the narcotics scanner market. Leveraging advanced spectroscopy and imaging technologies, the company provides a range of high-performance narcotics scanners tailored for law enforcement, border control, and security agencies. With a global presence and a reputation for reliability and accuracy, Bruker Corporation continues to be a leading provider of narcotics detection solutions.

Furthermore, major players, such as OSI Systems Inc., Bruker Corporation, FLIR Systems Inc., and Smiths Detection Inc., are constantly implementing strategic measures, such as geographical expansion, acquisitions, mergers, collaborations, partnerships, and product or service launches, to gain market shares.

Narcotics Scanner Market Companies

Major companies operating in the narcotics scanner industry are:

Astrophysics Inc.
Aventura Technologies Inc.
Bruker Corporation
Chemring Group PLC
FLIR Systems Inc.
L-3 Security And Detection Systems Inc.
Nuctech Company Limited
OSI Systems Inc.
Smiths Detection Inc.
Thermofisher Scientific Inc.
Viken Detection

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The market size of narcotics scanners surpassed USD 4.3 billion in 2023 and is set to expand at over 6.9% CAGR between 2024 and 2032, owing to the growing demand for stringent security measures in transportation hubs, such as airports, seaports, and train stations.

Handheld narcotics scanners segment is estimated to record over 7.3% CAGR during 2024-2032, as these devices are portable and user-friendly, enabling law enforcement, border control, and security personnel to conduct on-the-spot screenings in a variety of settings.

North America market accounted for more than 30% revenue share in 2023, due to the strong economy and significant investments in security infrastructure.

Some of the top narcotics scanner companies are Astrophysics Inc., Aventura Technologies Inc., Bruker Corporation, Chemring Group PLC, FLIR Systems Inc., L-3 Security And Detection Systems Inc., Nuctech Company Limited, OSI Systems Inc., Smiths Detection Inc., Thermofisher Scientific Inc., and Viken Detection.