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World Narcotics Scanner Market to Grow at 6.01% CAGR to 2021

ReportsnReports.com adds Global Narcotics Scanner Market 2017-2021 latest research report; The analysts forecast global narcotics scanner market to grow at a CAGR of 6.01% during the period 2017-2021.

April 21, 2017 /MarketersMedia/

The narcotics scanner market vendors are trying to increase the value of narcotics scanners by adding additional sensors that enable the detector to identify more than one signal. Thus, these scanners will have multiple applications such as detecting both chemicals and traces. The user-friendliness of the products is emerging as a new trend in the market. This is because these products should be easily used by the untrained employees at the checkpoint. The dual-sensor technology and the user-friendliness of the products are enhancing the value to the narcotics scanners. These can have a medium level of impact on the global narcotics scanner market during the forecast period.

Complete report on narcotics scanner market spread across 70 pages, analyzing 4 major companies and providing 13 data exhibits are now available at http://www.reportsnreports.com/reports/966111-global-narcotics-scanner-market-2017-2021.html

Global Narcotics Scanner Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the global narcotics scanner market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of narcotics scanner.

The following companies as the key players in the global narcotics scanner market: FLIR Systems, OSI Systems, Safran, and Smiths. Other prominent vendors in the market are: Argo-A Security, Autoclear, Aventura Technologies, Bruker, B&W Tek, CDex, Chemring, Detectachem, Decision Sciences International, Jamal Jaroudi, Kapri, Klipper Enterprises, KeTech, Laser Detect Systems, L3 Security and Detection Systems, MATRIX Security and Surveillance, Mistral Solutions, NUCTECH COMPANY, RedXDefense, Safeway Inspection System, Security Electronic Equipment, Shanghai Eastimage Equipment, Teknicom Solutions, Thermo Fisher Scientific, and Vision Mass Communications. Order a copy of Global Narcotics Scanner Market 2017-2021 report @ http://www.reportsnreports.com/purchase.aspx?name=966111

According to the narcotics scanner market report, the trafficking of illicit substances is increasing worldwide. Hence, corrective methods are being taken, particularly in mass transit locations such as bus and railway stations, airports, and marine ports. Narcotics scanners help in monitoring and scanning people and luggage. In the case of any uncertain event, 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. A delay in the identification of unknown narcotics and explosives in the form of liquids and solids may result in irrevocable losses. Therefore, the need for quick responses to catastrophic attacks is important and is one of the major drivers for the market.

Further, the narcotics scanner market report states that the governments of several developing countries have cut down on their investments in various sectors due to the economic crisis. This has led private companies to cut their investments in new and existing projects. Transport operators are also curbing their investments on narcotics scanners. This decrease in investments by transport operators results in lower revenue flow to the leading players. This is because many vendors are dependent on these transport operators for their sales.

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The narcotics scanner market study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Source: MarketersMedia

Release ID: 188887

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