Global Narcotics Scanner Market 2017-2021

Overview of the global narcotics scanner market

As per the Technavio’s market research report, the global narcotics scanner market is expected to grow at steady rate and will post a CAGR of more than 6% during the forecast period. The growing need for quick response to catastrophic attacks will drive the growth prospects for the global narcotics scanner market until the end of 2021. Instances of drug trafficking is increasing on a global level particularly in mass transit locations such as bus and railway stations, airports, and marine ports. As a result, the adoption rate of narcotics scanners is increasing to monitor, scan people and luggage, ensure the safety of people, and prevent irrevocable losses. Since the delay in the identification of unknown narcotics and explosives can result in a huge loss, various law enforcement agents are expected to be proactive to look for a suspect, act quickly, rescue victims, and take precautionary measures for the safety of people, which further drives the demand for narcotics scanners.

The emergence of dual sensor technology will drive the growth prospects for the global narcotics scanner market for the next four years. The narcotics scanner integrated with dual sensor technology multiplies its applications such as detecting both chemicals and traces. Also, the user-friendliness of the product is emerging as a new trend in the market, which will propel the rate of revenue generation in the market.

Competitive landscape and key vendors