The Global Contraband Detector Market Share, Trends, Analysis and Forecasts, 2020-2030 provides insights on key developments, business strategies, research & development activities, supply chain analysis, competitive landscape, and market composition analysis.
The Global Contraband Detector Market was worth US$ 3.5 billion in 2019 and is expected to grow at a CAGR of 5.7% through 2030 and reach US$ 6.35 billion by 2030. Contraband detectors are used for detection of contrabands such as explosives, drugs and other illegal materials prohibited by law. Contraband detectors are the prime component of security infrastructure across transit facilities, sports complexes and private property. The contraband detector manufacturers are inclined towards enhancing the efficiency of security scanners to ensure utmost security. With increasing threats from terrorist organizations and increased illegal arms and ammunition movement across the globe are the prime factors accelerating the demand for contraband detectors. Increased investment in expansion of public transport infrastructures and adoption of advanced technologies in detectors is expected to drive the growth of the global contraband detectors market during the forecast period.
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