The global concealed weapon detection systems market is expected to generate an absolute USD opportunity between 2023 and 2033, with a CAGR of 12.4%. The global market is predicted to increase from US$ 706.7 million in 2023 to US$ 2,281.2 million by 2033. According to FMI’s historical study, the global concealed weapon detection systems market grew at a CAGR of 10.3% between 2018 and 2022.
Concealed weapon detection systems have an installation in several places to efficiently identify if any individual is carrying any weapons with them. Furthermore, its implementation becomes crucial as soon as any particular place gets a spike in crimes, infrastructure, or population. In 2022, demand for concealed weapon detection systems will account for 8% of the worldwide security screening market.
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The market dynamics of the concealed weapon detection system are examined by Future Market Insights. South Asia and Pacific regions are predicted to dominate the global market. The expansion of these regions is linked to the region’s increasing infrastructure, which makes it a key consumer for concealed weapon detection systems.
Several government offices and other public sites are likely to see increased security. Concealed weapon detection systems can aid in the detection of threats, increasing the demand for security systems in certain areas.
Key Takeaways
- Security screening and concealed weapon detection solutions enable the detection of hidden threats and contraband by excluding any physical interaction between security personnel and the public. Furthermore, the rising terrorism threats necessitate the tightening of security in public places. There has been a rise in demand for concealed weapon detection systems.
- Efficient security screening and weapon detection at high footfall places including courthouses, airports, and prisons are expected to demand the usage of high-efficiency sensing technologies. This high demand for efficient security screening and weapon detection is driving companies to develop and integrate high-speed sensors into their security screening solutions.
- Global technology developers are offering concealed weapon detection solutions efficiently integrated with three-dimensional holographic millimeter-wave imaging capabilities. Furthermore, this technology is searching for common applications in the inspection and diagnosis of concealed metal objects in venues like high-security white-collar prisons.
- Propelling demand for concealed weapon detection systems by various automotive sectors coupled with rising safety regulations levied by the regulatory bodies for enhanced safety measures is anticipated to be the major demand driver for concealed weapon detection equipment.
- Flawless integration of technologies such as deep learning, high-definition videography, and sensing equipment will boost demand for concealed weapon detection devices over the forecast period.
- Manufacturers and software developers are rapidly integrating innovative technologies to complete futuristic use cases of concealed weapon detection products. In addition to that, contraband detection solutions have always been in huge demand. This trend is likely to continue throughout the forecast period.
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Competitive Landscape
Concealed weapon detection system providers are concentrating on increasing their production capacity in order to meet the growing demand from commercial customers. In order to facilitate innovation, concealed weapon detection, and security screening market players are focusing on forming partnerships and collaborations with other sensing hardware and software experts in the market.
More Insights into Concealed Weapon Detection Systems Market
The North American area is expected to dominate the global market for concealed weapon detection systems. The market in the United States is increasing at a CAGR of roughly 10.1% throughout the assessment period. The market for concealed weapon detection systems in the United States is predicted to grow by 1.7X by 2033.
In the United States, there has been an increase in gun violence. It is not uncommon for people to carry a gun in public. Almost every adult in the United States can possess or carry a gun. While shootings at schools and places of worship receive more attention, attacks in offices, retail establishments, and restaurants are more common; detection is required in all of these settings.
The development of concealed weapon detection systems, in the East Asian region is predicted to increase rapidly during the assessment period. From 2023 to 2033, China is projected to grow at a CAGR of 9.7%. Between 2023 and 2033, the market is expected to provide an absolute dollar potential of US$ 89.8 million.
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Concealed Weapon Detection Systems Industry Survey
Concealed Weapon Detection Systems Market by Product:
- Millimeter Wave Body Scanners
- Active Millimeter Wave Body Scanners
- Passive Millimeter Wave Body Scanners
- X-ray Body Scanners
- Backscatter X-ray Scanners
- Transmission X-ray Scanners
- Terahertz Body Scanners
- Metal Detectors
Concealed Weapon Detection Systems Market by Type:
- Mobile Concealed Weapon Detection Systems
- Stationary Concealed Weapon Detection Systems
Concealed Weapon Detection Systems Market by Application:
- Transportation Infrastructure
- Correctional Facilities
- Stadium and Sports Arenas
- Military and Defense
- Theme Parks/Amusement Parks
- Academic Institutions
- Corporate Campuses
- Others
Concealed Weapon Detection Systems Market by Region:
- North America Concealed Weapon Detection Systems Market
- Latin America Concealed Weapon Detection Systems Market
- Europe Concealed Weapon Detection Systems Market
- East Asia Concealed Weapon Detection Systems Market
- South Asia & Pacific Concealed Weapon Detection Systems Market
- Middle East & Africa Concealed Weapon Detection Systems Market
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