Narcotics Scanner Market to Witness Comprehensive Growth by 2030 | Astrophysics Inc., Aventura Technologies

The global narcotics scanner market was valued at $6.89 billion in 2020, and is projected to reach $12.59 billion by 2030, registering a CAGR of 6.6%.

WILMINGTON, DE, UNITED STATES, January 14, 2025 /EINPresswire.com/ -- According to the report published by Allied Market Research, the global narcotics scanner market generated $6.89 billion in 2020, and is expected to generate $12.59 billion by 2030, witnessing a CAGR of 6.6% from 2021 to 2030. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.

Increase in cases of smuggling worldwide and surge in alcohol and drug consumption drive the growth of the global narcotics scanner market. However, prohibition of drug tests at workplaces in some countries hinders the market growth. On the other hand, technological advancements and agreements & contracts with law enforcement and military agencies present new opportunities in the next few years.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 (263 𝐏𝐚𝐠𝐞𝐬 𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞𝐬, 𝐅𝐢𝐠𝐮𝐫𝐞𝐬) 𝐚𝐭 https://www.alliedmarketresearch.com/request-sample/5306

The report offers detailed segmentation of the global narcotics scanner market based on end use, technology, product, and region.

Based on end use, the airport segment contributed to the highest share in 2020, accounting for more than two-fifths of the total share, and is projected to maintain its leadership status during the forecast period. Moreover, this segment is expected to manifest the fastest CAGR of 7.4% from 2021 to 2030. The report also analyzes the segments including railways, seaports, and others.

Key Benefits For Stakeholders
This study presents analytical depiction of the global narcotics scanner market analysis along with the current trends and future estimations to depict imminent investment pockets.

The overall narcotics scanner market opportunity is determined by understanding profitable trends to gain a stronger foothold.

The report presents information related to key drivers, restraints, and opportunities of the global narcotics scanner market with a detailed impact analysis.
The current narcotics scanner market is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

𝐋𝐈𝐌𝐈𝐓𝐄𝐃-𝐓𝐈𝐌𝐄 𝐎𝐅𝐅𝐄𝐑 (𝐓𝐢𝐥𝐥 30 𝐉𝐀𝐍 2025) - 𝐁𝐮𝐲 𝐍𝐨𝐰 & 𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/checkout-final/371ca15a22fc1b0722fff47856f8375e

Based on technology, the ion mobility spectrum technology segment accounted for the highest share in 2020, contributing to around two-fifths of the total share of the global narcotics scanner market, and is projected to maintain its dominant share during the forecast period. In addition, this segment is expected to register the largest CAGR of 7.4% from 2021 to 2030. The report also discusses the segments including infrared spectroscopy and others.

Key Findings Of The Study

By end use, the airport segment is expected to register significant growth during the forecast period.
By technology, ion mobility spectrum technology segment is projected to lead the global market in terms of market share by the end of the forecast period.
By product, the fixed segment is projected to lead the global market, in terms of market share, by the end of the forecast period.
By region, Asia-Pacific dominated the global narcotics scanner market in 2020 in terms of market share.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐓𝐡𝐞 𝐃𝐚𝐭𝐚? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐡𝐞𝐫𝐞 𝐚𝐭 https://www.alliedmarketresearch.com/purchase-enquiry/5306

Based on region, Asia-Pacific held the largest share in 2020, accounting for more than one-third of the total share. However, North America is estimated to portray the highest CAGR of 7.8% during the forecast period.

Leading players of the global narcotics scanner market analyzed in the research include BAE Systems plc
General Dynamics Corporation
Elbit Systems Ltd.
Lockheed Martin Corporation
Israel Aerospace Industries Ltd.
Rafael Advanced Defense Systems Ltd.
Northrop Grumman Corporation
SAAB AB
Rheinmetall AG
Thales Group

𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 :
𝐒𝐮𝐛𝐦𝐚𝐫𝐢𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/submarine-market-A10675
𝐀𝐞𝐫𝐨𝐬𝐩𝐚𝐜𝐞 𝐁𝐞𝐚𝐫𝐢𝐧𝐠𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/aerospace-bearings-market-A14120
𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐀𝐯𝐢𝐨𝐧𝐢𝐜𝐬 𝐒𝐲𝐬𝐭𝐞𝐦𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/commercial-avionics-systems-market

David Correa
Allied Market Research
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