The North America Contraband Detector Market would witness market growth of 7.2% CAGR during the forecast period (2021-2027). Some of the catalysts for the demand & adoption of Thermoelectric Modules includes their ability to improve the efficiency of the vehicle fuel as well as growing awareness about green energy. Thermoelectric modules offer many benefits including accurate temperature control and cycling, less power consumption, and compact geometric size, which are contributing to the growth of this market.
Moreover, several applications across different industries are increasingly using thermoelectric modules for cooling or heating which is expected to boost the growth of the market in the coming years. Furthermore, the growth of the market would witness bright prospects due to the increasing government initiatives promoting the use of the thermoelectric module in various industries. For example, the US department of energy has recently introduced a program which grants state territories to develop energy-efficient homes that would be helpful for families with low income.
The impact of the COVID-19 pandemic is adverse in various industries across North America. Consumers are nowadays spending more on refrigerators and freezer replacements. It is expected to decrease the demand for thermoelectric modules, especially for consumer electronics. A reduction in disposable personal income made the consumer unwilling to replace old appliances as a result of lower purchasing power in the US and Canada.
The North American automotive market has also seen a sharp decline in 2020 that resulted in fewer sales of vehicles in spite of the introduction of new vehicle models with advanced features by major automobile manufacturers. During the pandemic, many current and potential vehicle buyers of North America are not willing to purchase. The commercial aerospace market has also been adversely affected in the US. It is observed that there is a decline in purchasing of civilian aircraft production in 2020, which in turn, leads to a decreased demand for thermoelectric modules in aerospace applications in the US.
The US market dominated the North America Thermoelectric Modules Services Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $64.7 million by 2027. The Canada market is experiencing a CAGR of 11.6% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 10.7% during (2021 - 2027).
Based on Offering, the market is segmented into Hardware and Services. Based on Type, the market is segmented into Bulk, Micro and Thin-Film. Based on Model, the market is segmented into Single Stage and Multi Stage. Based on Functionality, the market is segmented into General Purpose and Deep Cooling. Based on End User, the market is segmented into Consumer Electronics, Automotive, Industrial, Medical & Laboratories, Manufacturing, Telecommunications and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Contraband Detector Market is Estimated to Reach USD 6.6 Billion by 2027 at a CAGR of 7.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report Smiths Group PLC, Godrej & Boyce Mfg. Co. Ltd. (Godrej Security Solutions), OSI Systems, Inc., Leidos Holdings, Inc., Nuctech Company, Ltd. (Tsinghua Tongfang Co., Ltd.), Metrasens Ltd., ADANI Systems, Inc. (LINEV Group), Berkeley Varitronics Systems, Inc., CEIA S.p.A. (Costruzioni Elettroniche Industriali Automatismi), and Campbell/Harris Security Equipment Company.
Scope of the Study
Market Segments Covered in the Report:
By Deployment Type
By Application
- Transportation
- Government
- Commercial
- Retail & eCommerce
- Industrial
- Education
- Hospitality & Events
- Others
By Screening Type
- Baggage & Cargo Screening
- People Screening
- Vehicle Screening
By Technology
- X-ray Imaging
- Metal Detection
- Spectroscopy/Spectrometry
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Smiths Group PLC
- Godrej & Boyce Mfg. Co. Ltd. (Godrej Security Solutions)
- OSI Systems, Inc.
- Leidos Holdings, Inc.
- Nuctech Company, Ltd. (Tsinghua Tongfang Co., Ltd.)
- Metrasens Ltd.
- ADANI Systems, Inc. (LINEV Group)
- Berkeley Varitronics Systems, Inc.
- CEIA S.p.A. (Costruzioni Elettroniche Industriali Automatismi)
- Campbell/Harris Security Equipment Company
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Contraband Detector Market, by Deployment Type
1.4.2 North America Contraband Detector Market, by Application
1.4.3 North America Contraband Detector Market, by Screening Type
1.4.4 North America Contraband Detector Market, by Technology
1.4.5 North America Contraband Detector Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.2.4 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
Chapter 4. North America Contraband Detector Market by Deployment Type
4.1 North America Contraband Detector Fixed Market by Country
4.2 North America Contraband Detector Portable Market by Country
Chapter 5. North America Contraband Detector Market by Application
5.1 North America Transportation Contraband Detector Market by Country
5.2 North America Government Contraband Detector Market by Country
5.3 North America Commercial Contraband Detector Market by Country
5.4 North America Retail & eCommerce Contraband Detector Market by Country
5.5 North America Industrial Contraband Detector Market by Country
5.6 North America Education Contraband Detector Market by Country
5.7 North America Hospitality & Events Contraband Detector Market by Country
5.8 North America Other Application Contraband Detector Market by Country
Chapter 6. North America Contraband Detector Market by Screening Type
6.1 North America Contraband Detector Baggage & Cargo Screening Market by Country
6.2 North America Contraband Detector People Screening Market by Country
6.3 North America Contraband Detector Vehicle Screening Market by Country
Chapter 7. North America Contraband Detector Market by Technology
7.1 North America X-ray Imaging Contraband Detector Market by Country
7.2 North America Metal Detection Contraband Detector Market by Country
7.3 North America Spectroscopy/Spectrometry Contraband Detector Market by Country
7.4 North America Others Contraband Detector Market by Country
Chapter 8. North America Contraband Detector Market by Country
8.1 US Contraband Detector Market
8.1.1 US Contraband Detector Market by Deployment Type
8.1.2 US Contraband Detector Market by Application
8.1.3 US Contraband Detector Market by Screening Type
8.1.4 US Contraband Detector Market by Technology
8.2 Canada Contraband Detector Market
8.2.1 Canada Contraband Detector Market by Deployment Type
8.2.2 Canada Contraband Detector Market by Application
8.2.3 Canada Contraband Detector Market by Screening Type
8.2.4 Canada Contraband Detector Market by Technology
8.3 Mexico Contraband Detector Market
8.3.1 Mexico Contraband Detector Market by Deployment Type
8.3.2 Mexico Contraband Detector Market by Application
8.3.3 Mexico Contraband Detector Market by Screening Type
8.3.4 Mexico Contraband Detector Market by Technology
8.4 Rest of North America Contraband Detector Market
8.4.1 Rest of North America Contraband Detector Market by Deployment Type
8.4.2 Rest of North America Contraband Detector Market by Application
8.4.3 Rest of North America Contraband Detector Market by Screening Type
8.4.4 Rest of North America Contraband Detector Market by Technology
Chapter 9. Company Profiles
9.1 Smiths Group PLC
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.5.3 Acquisition and Mergers:
9.1.5.4 Geographical Expansions:
9.2 Godrej & Boyce Mfg. Co. Ltd. (Godrej Security Solutions)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.3 OSI Systems, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.4 Leidos Holdings, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Acquisition and Mergers:
9.5 Nuctech Company, Ltd. (Tsinghua Tongfang Co., Ltd.)
9.5.1 Company Overview
9.6 Metrasens Ltd.
9.6.1 Company Overview
9.6.2 Recent strategies and developments:
9.6.2.1 Partnerships, Collaborations, and Agreements:
9.6.2.2 Product Launches and Product Expansions:
9.7 ADANI Systems, Inc. (LINEV Group)
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Partnerships, Collaborations, and Agreements:
9.7.2.2 Product Launches and Product Expansions:
9.8 Berkeley Varitronics Systems, Inc.
9.8.1 Company Overview
9.9 CEIA S.p.A. (Costruzioni Elettroniche Industriali Automatismi)
9.9.1 Company Overview
9.10. Campbell/Harris Security Equipment Company
9.10.1 Company Overview
TABLE 1 North America Contraband Detector Market, 2017 - 2020, USD Million
TABLE 2 North America Contraband Detector Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Contraband Detector Market
TABLE 4 Product Launches and Product Expansions– Contraband Detector Market
TABLE 5 Geographical Expansions– Contraband Detector Market
TABLE 6 Acquisition and Mergers– Contraband Detector Market
TABLE 7 North America Contraband Detector Market by Deployment Type, 2017 - 2020, USD Million
TABLE 8 North America Contraband Detector Market by Deployment Type, 2021 - 2027, USD Million
TABLE 9 North America Contraband Detector Fixed Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Contraband Detector Fixed Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Contraband Detector Portable Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Contraband Detector Portable Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Contraband Detector Market by Application, 2017 - 2020, USD Million
TABLE 14 North America Contraband Detector Market by Application, 2021 - 2027, USD Million
TABLE 15 North America Transportation Contraband Detector Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Transportation Contraband Detector Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Government Contraband Detector Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Government Contraband Detector Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Commercial Contraband Detector Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Commercial Contraband Detector Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Retail & eCommerce Contraband Detector Market by Country, 2017 - 2020, USD Million
TABLE 22 North America Retail & eCommerce Contraband Detector Market by Country, 2021 - 2027, USD Million
TABLE 23 North America Industrial Contraband Detector Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Industrial Contraband Detector Market by Country, 2021 - 2027, USD Million
TABLE 25 North America Education Contraband Detector Market by Country, 2017 - 2020, USD Million
TABLE 26 North America Education Contraband Detector Market by Country, 2021 - 2027, USD Million
TABLE 27 North America Hospitality & Events Contraband Detector Market by Country, 2017 - 2020, USD Million
TABLE 28 North America Hospitality & Events Contraband Detector Market by Country, 2021 - 2027, USD Million
TABLE 29 North America Other Application Contraband Detector Market by Country, 2017 - 2020, USD Million
TABLE 30 North America Other Application Contraband Detector Market by Country, 2021 - 2027, USD Million
TABLE 31 North America Contraband Detector Market by Screening Type, 2017 - 2020, USD Million
TABLE 32 North America Contraband Detector Market by Screening Type, 2021 - 2027, USD Million
TABLE 33 North America Contraband Detector Baggage & Cargo Screening Market by Country, 2017 - 2020, USD Million
TABLE 34 North America Contraband Detector Baggage & Cargo Screening Market by Country, 2021 - 2027, USD Million
TABLE 35 North America Contraband Detector People Screening Market by Country, 2017 - 2020, USD Million
TABLE 36 North America Contraband Detector People Screening Market by Country, 2021 - 2027, USD Million
TABLE 37 North America Contraband Detector Vehicle Screening Market by Country, 2017 - 2020, USD Million
TABLE 38 North America Contraband Detector Vehicle Screening Market by Country, 2021 - 2027, USD Million
TABLE 39 North America Contraband Detector Market by Technology, 2017 - 2020, USD Million
TABLE 40 North America Contraband Detector Market by Technology, 2021 - 2027, USD Million
TABLE 41 North America X-ray Imaging Contraband Detector Market by Country, 2017 - 2020, USD Million
TABLE 42 North America X-ray Imaging Contraband Detector Market by Country, 2021 - 2027, USD Million
TABLE 43 North America Metal Detection Contraband Detector Market by Country, 2017 - 2020, USD Million
TABLE 44 North America Metal Detection Contraband Detector Market by Country, 2021 - 2027, USD Million
TABLE 45 North America Spectroscopy/Spectrometry Contraband Detector Market by Country, 2017 - 2020, USD Million
TABLE 46 North America Spectroscopy/Spectrometry Contraband Detector Market by Country, 2021 - 2027, USD Million
TABLE 47 North America Others Contraband Detector Market by Country, 2017 - 2020, USD Million
TABLE 48 North America Others Contraband Detector Market by Country, 2021 - 2027, USD Million
TABLE 49 North America Contraband Detector Market by Country, 2017 - 2020, USD Million
TABLE 50 North America Contraband Detector Market by Country, 2021 - 2027, USD Million
TABLE 51 US Contraband Detector Market, 2017 - 2020, USD Million
TABLE 52 US Contraband Detector Market, 2021 - 2027, USD Million
TABLE 53 US Contraband Detector Market by Deployment Type, 2017 - 2020, USD Million
TABLE 54 US Contraband Detector Market by Deployment Type, 2021 - 2027, USD Million
TABLE 55 US Contraband Detector Market by Application, 2017 - 2020, USD Million
TABLE 56 US Contraband Detector Market by Application, 2021 - 2027, USD Million
TABLE 57 US Contraband Detector Market by Screening Type, 2017 - 2020, USD Million
TABLE 58 US Contraband Detector Market by Screening Type, 2021 - 2027, USD Million
TABLE 59 US Contraband Detector Market by Technology, 2017 - 2020, USD Million
TABLE 60 US Contraband Detector Market by Technology, 2021 - 2027, USD Million
TABLE 61 Canada Contraband Detector Market, 2017 - 2020, USD Million
TABLE 62 Canada Contraband Detector Market, 2021 - 2027, USD Million
TABLE 63 Canada Contraband Detector Market by Deployment Type, 2017 - 2020, USD Million
TABLE 64 Canada Contraband Detector Market by Deployment Type, 2021 - 2027, USD Million
TABLE 65 Canada Contraband Detector Market by Application, 2017 - 2020, USD Million
TABLE 66 Canada Contraband Detector Market by Application, 2021 - 2027, USD Million
TABLE 67 Canada Contraband Detector Market by Screening Type, 2017 - 2020, USD Million
TABLE 68 Canada Contraband Detector Market by Screening Type, 2021 - 2027, USD Million
TABLE 69 Canada Contraband Detector Market by Technology, 2017 - 2020, USD Million
TABLE 70 Canada Contraband Detector Market by Technology, 2021 - 2027, USD Million
TABLE 71 Mexico Contraband Detector Market, 2017 - 2020, USD Million
TABLE 72 Mexico Contraband Detector Market, 2021 - 2027, USD Million
TABLE 73 Mexico Contraband Detector Market by Deployment Type, 2017 - 2020, USD Million
TABLE 74 Mexico Contraband Detector Market by Deployment Type, 2021 - 2027, USD Million
TABLE 75 Mexico Contraband Detector Market by Application, 2017 - 2020, USD Million
TABLE 76 Mexico Contraband Detector Market by Application, 2021 - 2027, USD Million
TABLE 77 Mexico Contraband Detector Market by Screening Type, 2017 - 2020, USD Million
TABLE 78 Mexico Contraband Detector Market by Screening Type, 2021 - 2027, USD Million
TABLE 79 Mexico Contraband Detector Market by Technology, 2017 - 2020, USD Million
TABLE 80 Mexico Contraband Detector Market by Technology, 2021 - 2027, USD Million
TABLE 81 Rest of North America Contraband Detector Market, 2017 - 2020, USD Million
TABLE 82 Rest of North America Contraband Detector Market, 2021 - 2027, USD Million
TABLE 83 Rest of North America Contraband Detector Market by Deployment Type, 2017 - 2020, USD Million
TABLE 84 Rest of North America Contraband Detector Market by Deployment Type, 2021 - 2027, USD Million
TABLE 85 Rest of North America Contraband Detector Market by Application, 2017 - 2020, USD Million
TABLE 86 Rest of North America Contraband Detector Market by Application, 2021 - 2027, USD Million
TABLE 87 Rest of North America Contraband Detector Market by Screening Type, 2017 - 2020, USD Million
TABLE 88 Rest of North America Contraband Detector Market by Screening Type, 2021 - 2027, USD Million
TABLE 89 Rest of North America Contraband Detector Market by Technology, 2017 - 2020, USD Million
TABLE 90 Rest of North America Contraband Detector Market by Technology, 2021 - 2027, USD Million
TABLE 91 Key Information – Smiths Group PLC
TABLE 92 key information – Godrej & Boyce Mfg. Co. Ltd.
TABLE 93 key information – OSI Systems, Inc.
TABLE 94 key information – Leidos Holdings, Inc.
TABLE 95 key information – Nuctech Company, Ltd.
TABLE 96 key information – Metrasens Ltd.
TABLE 97 key information – ADANI Systems, Inc.
TABLE 98 key information – Berkeley Varitronics Systems, Inc.
TABLE 99 key information – CEIA S.p.A.
TABLE 100 key information – Campbell/Harris Security Equipment Company
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Recent strategies and developments: Smiths Group PLC
FIG 5 Recent strategies and developments: Leidos Holdings, Inc.
FIG 6 Recent strategies and developments: Metrasens Ltd.
FIG 7 Recent strategies and developments: ADANI Systems, Inc.