Concealed Weapon Detection Systems Market size is expected to grow from US$ 637.8 Mn in 2022, likely to surge at a vigorous 6.9% CAGR during the assessment period 2022 – 2031
Huge demand for concealed weapon detection systems is being observed in the aviation industry, government sector, and commercial spaces such as educational institutes, banks, and shopping malls as public safety is threatened by anti-social groups. Accurate recognition and detection of concealed contraband and weapons can be done by terahertz body scanners to identify threats that are concealed underneath the clothes of a person or in bags.
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Remarkable advancements with incorporation of sensors, imaging technology, and actuators have created lucrative ground for sales of concealed weapon detection systems.
Configurable terahertz body scanning systems have been widely deployed on a global scale as security screening with concealed weapon detection at ports and borders is gaining pressing importance amidst growing political tensions.
Rise of cross border terrorism and increasing number of terrorist outfits have given every government a reason to invest in the best and the most advanced concealed weapon detection technologies.
Key Takeaways from Global Concealed Weapon Detection Systems Market Study
- Transportation infrastructure to remain the leading segment exhibiting a 2.1x growth during the forecast period
- North America to hold a lion’s share of 41.8% in global concealed weapon detection systems market
- Terahertz body scanners to remain bullish as technological advancements remain unparalleled
- Increased product selling prices, amongst established players, to be seen as markets try to recover from the COVID-19 pandemic
Integration of High Efficiency Sensing Solutions to Boost Adoption
Rising threats of terrorism targeted at public places for mass attacks have created an urgent need for modern, advanced concealed weapon detectors. Security screening combined with concealed weapon detection solutions are used to detect sly threats and contraband items without any physical interaction between security personnel and the person being screened.
Efficient security screening and weapon detection at high public throughput venues like courthouses, airports, museums, and prisons demands use of high efficiency sensing technologies. This demand for efficient concealed weapon detection is motivating companies to develop and integrate high speed sensors into security screening solutions.
Airports, railway stations, metro stations, national borders and tourist attractions, among other venues, are susceptible to illegal operations and terrorism, which can be tackled by incorporating autonomous and covert sensing resources. The integration of high quality, autonomous sensing equipment is expected to play a major role in propelling the growth of the global concealed weapon detection systems market during the forecast period.
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Competition Landscape of Concealed Weapon Detection Market
Concealed weapon detection systems market players are striving to generate new revenue streams by deploying concealed weapon detection systems for new end users operating in market sectors that the company does not usually cater to.
For instance, in August 2019, Smiths Detection Group Ltd. deployed customized X-ray systems with integrated auto-detection software that autonomously detects weapons and explosives, among other contraband. The solution was deployed for a simulated emergency preparedness drill legislated by Land Transport Authority and constituting rail operators at the HarbourFront Station in Singapore.
Key market players are focusing on gaining technological expertise and enhancing their attractiveness in the concealed weapon detection market by acquiring and merging with other key participants in the global security screening technology market. This approach also enables the company to minimize competition on both regional as well as global levels.
More Valuable Insights on Concealed Weapon Detection Market
FMI’s research on the global concealed weapon detection systems market is segmented into three major segments. By product, the global concealed weapon detection systems market is segmented into millimeter wave body scanners, X-ray body scanners and terahertz body scanners. Millimeter wave body scanners are further segregated into active millimeter wave body scanners and passive millimeter wave body scanners, while X-ray body scanners are further segmented into backscatter X-ray scanners and transmission X-ray scanners.
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.