Market Overview:
The global portable counterfeit detector market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing instances of counterfeiting and rising awareness about the use of counterfeit detectors among consumers and businesses. The global portable counterfeit detector market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into fluorescence recognition, magnetic analysis, infrared penetration, and others. The fluorescence recognition segment is expected to hold a major share in terms of revenue in 2018 owing to its high accuracy rate in detecting counterfeits. On the basis of application, the market is divided into counterfeit money and documents authentication, driver’s licenses authentication passport authentication credit cards/checks/transit passes authentication luxury goods authentication), and others segments.
Product Definition:
A Portable Counterfeit Detector is a device which is used to identify counterfeit currency. It works by scanning the currency and checking it against a database of known counterfeit notes. The importance of Portable Counterfeit Detectors is that they can help to prevent businesses from being scammed by fake money.
Fluorescence Recognition:
The global Fluorescence Recognition market size was valued at USD 1.5 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The growing demand for advanced technologies such as fluorescent recognition in portable counterfeit detector industry is anticipated to drive growth over the forecast period.
Growing counterfeiting activities across the globe has led government authorities to invest heavily on anti-counterfeiting technologies, which will further boost demand for these products globally.
Magnetic Analysis:
Magnetic Analysis is a tool used by industries and government agencies for analyzing the data recorded on magnetic media such as hard drives, credit cards, bank checks and many other products. The analysis of this data provides valuable insights into the authenticity of an object. It also helps to detect counterfeit currency, verify identity & track down criminals.
The global Portable Counterfeit Detector market size was valued at USD 1 billion in 2015.
Application Insights:
The market is segmented by application into counterfeit money and documents, driver's licenses, passports, credit cards, checks, transit passes and luxury goods. The driver's license segment held the largest share in 2017. Counterfeiting of currency is a major concern for governments worldwide as it leads to erosion of public trust in institutions including banks and government. This has led to increased focus on measures taken against this crime which has resulted in greater demand for portable detectors across the globe.
Regional Analysis:
North America dominated the market in 2017 owing to the presence of stringent regulations against counterfeiting and growing demand for high-quality counterfeit detectors. The U.S., in particular, is a major contributor to market growth due to its robust manufacturing base for authentic products coupled with stringent anti-counterfeiting laws.
Asia Pacific is expected to witness significant growth over the forecast period owing to rapid urbanization, increasing population, flourishing e-commerce industry, and rising demand from law enforcement agencies for detecting counterfeit currency notes across countries such as India China Pakistan & Bangladesh (ICP&B). Moreover, developing economies such as India are anticipated t o contribute significantly towards regional market development over the next eight years on account of rapid industrialization along with an increase in foreign investments coupled with supportive government policies & initiatives pertaining toward economic development and social reforms.
Growth Factors:
- Increasing demand for counterfeit detectors in various industries
- Growing awareness about the need for counterfeit detectors
- Proliferation of online shopping and increasing counterfeiting activities
- Technological advancements in counterfeit detection technologies
- Rising demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable Counterfeit Detector Market Research Report
By Type
Fluorescence Recognition, Magnetic Analysis, Infrared Penetration, Others
By Application
Counterfeit money and documents, Authenticate driver’s licenses, passports, credit cards, checks, Transit passes, Fake casino chips, Luxury goods
By Companies
US Korea HotLink, Fraud Fighter, UV Led, Quaker City Paper Company, Dri Mark, Wenzhou Vanmac Trading Co. Ltd, Zhejiang Xinda Machine & Appliance Co. Ltd, Sun Rising Enterprise Co. Ltd
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Portable Counterfeit Detector Market Report Segments:
The global Portable Counterfeit Detector market is segmented on the basis of:
Types
Fluorescence Recognition, Magnetic Analysis, Infrared Penetration, Others
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
Counterfeit money and documents, Authenticate driver’s licenses, passports, credit cards, checks, Transit passes, Fake casino chips, Luxury goods
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:
- US Korea HotLink
- Fraud Fighter
- UV Led
- Quaker City Paper Company
- Dri Mark
- Wenzhou Vanmac Trading Co. Ltd
- Zhejiang Xinda Machine & Appliance Co. Ltd
- Sun Rising Enterprise Co. Ltd
Highlights of The Portable Counterfeit Detector 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:
- Fluorescence Recognition
- Magnetic Analysis
- Infrared Penetration
- Others
- By Application:
- Counterfeit money and documents
- Authenticate driver’s licenses, passports, credit cards, checks, Transit passes
- Fake casino chips
- Luxury goods
- 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 Portable Counterfeit Detector 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
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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?
A portable counterfeit detector is a device that can be used to identify the presence of counterfeit currency or goods. These devices typically use ultraviolet light and an electronic scanner to detect the presence of fake bills or products.
Some of the major companies in the portable counterfeit detector market are US Korea HotLink, Fraud Fighter, UV Led, Quaker City Paper Company, Dri Mark, Wenzhou Vanmac Trading Co. Ltd, Zhejiang Xinda Machine & Appliance Co. Ltd, Sun Rising Enterprise Co. Ltd.
The portable counterfeit detector market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Portable Counterfeit Detector Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Portable Counterfeit Detector Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Portable Counterfeit Detector Market - Supply Chain
4.5. Global Portable Counterfeit Detector Market Forecast
4.5.1. Portable Counterfeit Detector Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Portable Counterfeit Detector Market Size (000 Units) and Y-o-Y Growth
4.5.3. Portable Counterfeit Detector Market Absolute $ Opportunity
5. Global Portable Counterfeit Detector Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Portable Counterfeit Detector Market Size and Volume Forecast by Type
5.3.1. Fluorescence Recognition
5.3.2. Magnetic Analysis
5.3.3. Infrared Penetration
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Portable Counterfeit Detector Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Portable Counterfeit Detector Market Size and Volume Forecast by Application
6.3.1. Counterfeit money and documents
6.3.2. Authenticate drivers licenses, passports, credit cards, checks, Transit passes
6.3.3. Fake casino chips
6.3.4. Luxury goods
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Portable Counterfeit Detector Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Portable Counterfeit Detector Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Portable Counterfeit Detector Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Portable Counterfeit Detector Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Portable Counterfeit Detector Demand Share Forecast, 2019-2026
9. North America Portable Counterfeit Detector Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Portable Counterfeit Detector Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Portable Counterfeit Detector Market Size and Volume Forecast by Application
9.4.1. Counterfeit money and documents
9.4.2. Authenticate drivers licenses, passports, credit cards, checks, Transit passes
9.4.3. Fake casino chips
9.4.4. Luxury goods
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Portable Counterfeit Detector Market Size and Volume Forecast by Type
9.7.1. Fluorescence Recognition
9.7.2. Magnetic Analysis
9.7.3. Infrared Penetration
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Portable Counterfeit Detector Demand Share Forecast, 2019-2026
10. Latin America Portable Counterfeit Detector Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Portable Counterfeit Detector Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Portable Counterfeit Detector Market Size and Volume Forecast by Application
10.4.1. Counterfeit money and documents
10.4.2. Authenticate drivers licenses, passports, credit cards, checks, Transit passes
10.4.3. Fake casino chips
10.4.4. Luxury goods
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Portable Counterfeit Detector Market Size and Volume Forecast by Type
10.7.1. Fluorescence Recognition
10.7.2. Magnetic Analysis
10.7.3. Infrared Penetration
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Portable Counterfeit Detector Demand Share Forecast, 2019-2026
11. Europe Portable Counterfeit Detector Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Portable Counterfeit Detector Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Portable Counterfeit Detector Market Size and Volume Forecast by Application
11.4.1. Counterfeit money and documents
11.4.2. Authenticate drivers licenses, passports, credit cards, checks, Transit passes
11.4.3. Fake casino chips
11.4.4. Luxury goods
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Portable Counterfeit Detector Market Size and Volume Forecast by Type
1.7.1. Fluorescence Recognition
11.7.2. Magnetic Analysis
11.7.3. Infrared Penetration
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Portable Counterfeit Detector Demand Share, 2019-2026
12. Asia Pacific Portable Counterfeit Detector Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Portable Counterfeit Detector Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Portable Counterfeit Detector Market Size and Volume Forecast by Application
12.4.1. Counterfeit money and documents
12.4.2. Authenticate drivers licenses, passports, credit cards, checks, Transit passes
12.4.3. Fake casino chips
12.4.4. Luxury goods
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Portable Counterfeit Detector Market Size and Volume Forecast by Type
12.7.1. Fluorescence Recognition
12.7.2. Magnetic Analysis
12.7.3. Infrared Penetration
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Portable Counterfeit Detector Demand Share, 2019-2026
13. Middle East & Africa Portable Counterfeit Detector Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Portable Counterfeit Detector Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Portable Counterfeit Detector Market Size and Volume Forecast by Application
13.4.1. Counterfeit money and documents
13.4.2. Authenticate drivers licenses, passports, credit cards, checks, Transit passes
13.4.3. Fake casino chips
13.4.4. Luxury goods
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Portable Counterfeit Detector Market Size and Volume Forecast by Type
13.7.1. Fluorescence Recognition
13.7.2. Magnetic Analysis
13.7.3. Infrared Penetration
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Portable Counterfeit Detector Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Portable Counterfeit Detector Market: Market Share Analysis
14.2. Portable Counterfeit Detector Distributors and Customers
14.3. Portable Counterfeit Detector Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. US Korea HotLink
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Fraud Fighter
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. UV Led
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Quaker City Paper Company
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Dri Mark
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Wenzhou Vanmac Trading Co. Ltd
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Zhejiang Xinda Machine & Appliance Co. Ltd
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sun Rising Enterprise Co. Ltd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
