Market Share of Contraband Detector Industry
Thecontraband detector market is fragmented owing to the major players such asChemImage Corporation,Garrett Metal Detectors, andSmiths Group PLC amongothers. Product launches, high expense on research and development, partnerships and acquisitions, etc. are the prime growth strategies adopted by these companies to sustain the competition in the market. Few recent developments are:
- January 2020 -VOTI Detection launched a BioSans MATRIX, which is an X-ray security system based on a 3D perspectivethatprovides clearer and revealing images. Combining machine learning algorithms with the BioSans MATRIX'soperating system neural engine helps to create detailed and vivid images of threats and contraband.
- April 2019 -Smiths Detection added weapon detection to itsiCMORE family. This product is designed for automatic detection of dangerous, prohibited and contraband goods.
Contraband Detector Market Leaders
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American Science and Engineering Inc
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Chemimage Corporation
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Garrett Metal Detectors
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Smiths Group PLC
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Godrej Security Solutions
*Disclaimer: Major Players sorted in no particular order
