Market Overview:
The global polygraph equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for polygraph tests for various applications such as military, civil, and corporate sectors. Polygraph equipment are used for lie detection purposes and are considered as an important tool for security screening. The global polygraph equipment market is segmented on the basis of type into non-contact and contact types. The non-contact type segment is expected to grow at a higher CAGR during the forecast period from 2018 to 2030, owing to its advantages over contact types such as low risk of injury, no skin conductivity issues, and easy data interpretation. On the basis of application, the global polygraph equipment market is segmented into military, civil, and corporate sectors. The military sector dominates this market due to increasing demand for lie detection tests in order to screen potential threats or enemies in militaries across different regions worldwide.
Product Definition:
Polygraph equipment is used to measure and record physiological responses such as blood pressure, heart rate, respiration, and skin conductivity while a person is answering questions. The importance of polygraph equipment is that it can be used to help determine if someone is lying or telling the truth.
Non-Contact:
Non-contact is a technology that uses electromagnetic waves to obtain information without making physical contact with the subject. The technology has been used in lie detection and voice stress analysis for many years.
Contact:
The global contact and its usage in polygraph equipment market size was valued at USD 6.5 billion in 2016. The increasing use of the Internet, smartphones, social media for communication is expected to drive growth over the forecast period.
Application Insights:
The military application segment accounted for the largest share of more than 60.0% in 2017. Polygraph equipment is widely used in the military field to test soldiers, officers and other personnel for loyalty, betrayal or security threat against them. The use of polygraph has helped authorities weed out spies and traitors from high-level intelligence gathering positions during interrogation as well as confessions obtained through torture.
Civil applications include government agencies, law enforcement agencies and private organizations that deal with sensitive information or classified data handling procedures. These organizations require a reliable method to check if their employees are telling lies during an interview or not so they can make informed decisions based on facts only thus driving the demand for polygraph equipment in civil applications over the forecast period years 2018 to 2030.
Regional Analysis:
North America accounted for the largest market share in 2017. The presence of a large number of polygraph manufacturers and suppliers, coupled with high demand from government agencies to monitor employee behavior, is expected to drive the regional market over the forecast period. Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to rising cases of employee theft and frauds in various countries such as India, China, Japan and Australia. In addition, increasing crime rate due to growing population has led governments across this region including China & Australia & India & Singapore etc., into adopting lie detector tests for security personnel at airports as well as defense department/police departments etc.
The Middle East & Africa (MEA) region also recorded significant growth owing to increasing cases related with national security across major countries such as Iran and Syria among others are expected fuel demand during 2018 - 2030 period.
Growth Factors:
- Increasing demand for polygraph equipment from law enforcement and security agencies for lie detection purposes.
- Rising adoption of polygraph equipment in the corporate sector for pre-employment screening and fraud investigations.
- Growing use of polygraph equipment in the healthcare sector for detecting fraudulent insurance claims and patient records tampering.
- Proliferation of online cheating and cybercrime activities, which is driving the demand for polygraph equipment as a tool to detect deception or falsehoods over digital communication channels such as emails, chat messages, etc.
Scope Of The Report
Report Attributes
Report Details
Report Title
Polygraph Equipment Market Research Report
By Type
Non-Contact, Contact
By Application
Military, Civil
By Companies
Limestone Technologies, Lafayette Instrument Company, Lantuweiye Technology, Limestone Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
125
Number of Tables & Figures
88
Customization Available
Yes, the report can be customized as per your need.
Global Polygraph Equipment Market Report Segments:
The global Polygraph Equipment market is segmented on the basis of:
Types
Non-Contact, Contact
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Military, Civil
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Limestone Technologies
- Lafayette Instrument Company
- Lantuweiye Technology
- Limestone Technologies
Highlights of The Polygraph Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Non-Contact
- Contact
- By Application:
- Military
- Civil
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Polygraph Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Polygraph equipment is a machine that measures the electrical activity of the human body, typically in response to questions asked by investigators. The results of this measurement are used to determine whether someone is lying.
Some of the major companies in the polygraph equipment market are Limestone Technologies, Lafayette Instrument Company, Lantuweiye Technology, Limestone Technologies.
The polygraph equipment market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polygraph Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Polygraph Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polygraph Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Polygraph Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Polygraph Equipment Market Size & Forecast, 2018-2028
4.5.1 Polygraph Equipment Market Size and Y-o-Y Growth
4.5.2 Polygraph Equipment Market Absolute $ Opportunity
Chapter 5 Global Polygraph Equipment Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Polygraph Equipment Market Size Forecast by Type
5.2.1 Non-Contact
5.2.2 Contact
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Polygraph Equipment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Polygraph Equipment Market Size Forecast by Applications
6.2.1 Military
6.2.2 Civil
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polygraph Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Polygraph Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Polygraph Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Polygraph Equipment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Polygraph Equipment Market Size Forecast by Type
9.6.1 Non-Contact
9.6.2 Contact
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Polygraph Equipment Market Size Forecast by Applications
9.10.1 Military
9.10.2 Civil
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Polygraph Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Polygraph Equipment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Polygraph Equipment Market Size Forecast by Type
10.6.1 Non-Contact
10.6.2 Contact
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Polygraph Equipment Market Size Forecast by Applications
10.10.1 Military
10.10.2 Civil
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Polygraph Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Polygraph Equipment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Polygraph Equipment Market Size Forecast by Type
11.6.1 Non-Contact
11.6.2 Contact
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Polygraph Equipment Market Size Forecast by Applications
11.10.1 Military
11.10.2 Civil
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Polygraph Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Polygraph Equipment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Polygraph Equipment Market Size Forecast by Type
12.6.1 Non-Contact
12.6.2 Contact
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Polygraph Equipment Market Size Forecast by Applications
12.10.1 Military
12.10.2 Civil
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Polygraph Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Polygraph Equipment Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Polygraph Equipment Market Size Forecast by Type
13.6.1 Non-Contact
13.6.2 Contact
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Polygraph Equipment Market Size Forecast by Applications
13.10.1 Military
13.10.2 Civil
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Polygraph Equipment Market: Competitive Dashboard
14.2 Global Polygraph Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Limestone Technologies
14.3.2 Lafayette Instrument Company
14.3.3 Lantuweiye Technology
14.3.4 Limestone Technologies
