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Handheld Trace Detector Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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The global handheld trace detector market is projected to witness significant growth in the forecast period due to increasing security concerns in public places. The market size is expected to reach USD 500 million by 2025, driven by demand from airports, transportation hubs, and border security agencies.
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Companies Covered
(Covid 19 Impact Covered)
◍ Smiths Group
◍ L3 Technologies
◍ OSI Systems
◍ Westminster Group
◍ High Technology Detection Systems
◍ FLIR Systems
◍ Bruker
The handheld trace detector market is highly competitive with key players such as Smiths Group, L3 Technologies, OSI Systems, Westminster Group, High Technology Detection Systems, FLIR Systems, and Bruker. These companies offer innovative solutions for the detection of explosives and narcotics, helping to grow the market.
- Smiths Group: $3.3 billion
- L3 Technologies: $10.8 billion
- OSI Systems: $1.2 billion
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