Market Share of North America Trace Detection Screening Industry
The North American trace detection screening market is semi-consolidated with several major players like Smiths Group PLC, Teledyne FLIR LLC, Rapiscan Systems Inc., and Bruker Corporation. In terms of market share, few significant players presently dominate the market. With a prominent share in the market, these considerable players are focusing on developing their customer base across foreign countries. These organizations leverage strategic collaborative initiatives to expand their profitability. The competition, rapid technological advancements, and regular changes in consumer preferences are anticipated to threaten the market's growth during the forecast period.
In August 2023, OSI Systems Inc. announced that its Rapiscan Itemiser 5X Explosive Trace Detection (ETD) device had met the qualification standards set by the TSA for inclusion on the Air Cargo Screening Technology List (ACSTL). The ACSTL provides a list of approved technologies for use by the air cargo industry, including carriers, freight forwarders, and shippers, to meet regulatory requirements and enhance cargo security.
In March 2023, Smiths Detection launched its latest CASI (Chemical Agent Identifier) 4 with the LCD XID extension. This extension expands the LCD’s detection capabilities to include street-level Narcotics, Explosive substances, Pharmaceuticals, and other high-toxicity chemical threats.
North America Trace Detection Screening Market Leaders
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Smiths Group plc
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Teledyne FLIR LLC
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Autoclear, LLC.
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Rapiscan Systems, Inc.
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L3 Technologies, Inc.
*Disclaimer: Major Players sorted in no particular order
