The Global X-ray Security Screening Market size is expected to reach $5.4 billion by 2029, rising at a market growth of 8.3% CAGR during the forecast period.
The security of travelers, property, and infrastructure is guaranteed by X-ray body scanners and X-ray baggage scanners. In addition, security officers must deal with contraband like weapons, explosives, and drugs in a public setting. An X-ray scanner can find hazardous inorganic, organic, and metal substances. An X-ray screening device's main job is to act as a kind of network access to protect people at a particular location.
In order to find any potential hidden contraband or smuggled products, as well as explosives, guns, narcotics, or weapons of mass destruction, it enables officials to inspect the bags & luggage of persons entering. This allows for the detection of such items before any harm or damage is done.
The market expansion might be ascribed to rising dangers like criminal activity and the expanding use of screening methods for checking individuals and goods for the presence of weapons. However, the demand for improved security screenings is also driven by expanding commercial development activity, particularly the creation of big shopping complexes.
Many organizations have employed biometrics technology for physical and logistical access to reduce the hazards linked with data. Access control, theft prevention, leakage control, and staff attendance are all achieved through these technologies. Furthermore, employees using biometrics don't need to carry anything to prove their identity or remember passwords. Compared to other security solutions, this enables the adoption of biometrics technologies much simpler and faster. These advantages should further support market expansion.
The COVID-19 pandemic has had a huge negative impact on the worldwide manufacturing and industrial sector, as per market trends for X-ray security screening, since production facilities have stagnated. On the other hand, this has resulted in a significant increase in demand across industries. Though, the emergence of COVID-19 pushed security groups to alter their methods of operation. Due to the pandemic, improved airport security became more important than ever. According to COVID-19, a biometric system is in demand at airports as it is a useful instrument for access control and enables contactless identity verification.
The increase in criminal activity has an impact on global security laws, standards, and operational efficiency. Terrorism, illegal drug, and weapon trafficking, and illegal immigration are a few examples. In order to meet these high-security standards, security screening procedures, including security officers and screening tools, must be implemented. The intricacy of the current, constantly changing danger has made the deployment of security screening systems necessary in threat-affected locations. Hence, the growth of the X-ray security screening market is being supported during the projection period by the growing need for improved security screening technologies.
Some well-known terrorist attacks committed by groups or individuals include the 2005 London bombings, the infamous 9/11 attacks in the US, the 2019 Easter bombing in Sri Lanka, the 2008 Mumbai attacks, the 2019 mosque shooting in New Zealand, and the 2005 bombs in London and Mumbai. A comprehensive X-ray image of freight is obtained by using X-ray cargo scanners. Any metal or potentially dangerous materials in the freight are highlighted in the X-ray image. Any undesirable acts are stopped as a result.
In comparison to backscatter scanners, transmission scanners use ten times more X-rays. High levels of X-ray exposure can result in cataracts, heritable effects, and an increased risk of cancer and cardiovascular disease. If that is the case, it is advisable to utilize a backscatter scanner instead of a transmission scanner to lessen health hazards or to switch to a millimeter-wave body scanner in favor of the X-ray body scanner to do away with health risks. The market expansion in the approaching years may be hampered by these health concerns related to X-ray security scanners.
By end-use, the X-ray security screening market is segmented into transit, commercial, and government. The transit segment acquired a significant revenue share in the x-ray security screening market in 2022. An increase in passengers globally and ongoing attempts to implement security precautions to provide complete safety for residents and international travelers can be linked to the category growth. The demand for X-ray security screening in the transit segment is anticipated to increase during this.
Based on application, the X-ray security screening market is categorized into product Screening, and people screening. In 2022, the product screening segment witnessed the largest revenue share in the X-ray security screening market. As a result of technology developments, manufacturers can now easily incorporate both traditional screening and new scanning end-uses, fostering the market's expansion. In addition, the risk of criminal activity, like drug trafficking, at airports continues to be the main factor driving the segment's expansion. Therefore, future expansion could rely heavily on promises of upkeep and training.
Report Attribute | Details |
---|---|
Market size value in 2022 | USD 3.1 Billion |
Market size forecast in 2029 | USD 5.4 Billion |
Base Year | 2022 |
Historical Period | 2019 to 2021 |
Forecast Period | 2023 to 2029 |
Revenue Growth Rate | CAGR of 8.3% from 2023 to 2029 |
Number of Pages | 163 |
Number of Table | 253 |
Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Competitive Landscape, Companies Strategic Developments, Company Profiling |
Segments covered | Application, End-use, Region |
Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
Growth Drivers |
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Restraints |
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Region wise, the X-ray security screening market is analyzed across North America, Europe, Asia Pacific and LAMEA. The North America region led the X-ray security screening market by generating maximum revenue share in 2022. The increased demand for these items inside governmental entities is responsible for this expansion. In the defense industry, these goods are also commonly used. Throughout the projected period, the market is anticipated to increase as a result of significant public investments in enhancing the current infrastructure for public safety and security to counter threats like terrorism and illegal immigration.
Free Valuable Insights: Global X-ray Security Screening Market size to reach USD 5.4 Billion by 2029
The major strategies followed by the market participants are Product Launches. Based on the Analysis presented in the Cardinal matrix; Smiths Detection Group Ltd. (Smiths Group plc), Teledyne FLIR LLC (Teledyne Technologies Incorporated), Thales Group S.A., NEC Corporation, and Leidos Holdings, Inc. are the forerunners in the X-ray Security Screening Market. Companies such as Kromek Group plc and Analogic Corporation are some of the key innovators in X-ray Security Screening Market.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Teledyne FLIR LLC (Teledyne Technologies Incorporated), Smiths Detection Group Ltd. (Smiths Group plc), Thales Group S.A., Kromek Group plc, NEC Corporation, Leidos Holdings, Inc., Aware, Inc., Bruker Corporation, OSI Systems, Inc. and Analogic Corporation (Altaris Capital Partners)
By Application
By End Use
By Geography
The Market size is projected to reach USD 5.4 billion by 2029.
Rising cases of terrorist attacks are driving the Market in coming years, however, Health concerns associated with these systems restraints the growth of the Market.
Teledyne FLIR LLC (Teledyne Technologies Incorporated), Smiths Detection Group Ltd. (Smiths Group plc), Thales Group S.A., Kromek Group plc, NEC Corporation, Leidos Holdings, Inc., Aware, Inc., Bruker Corporation, OSI Systems, Inc. and Analogic Corporation (Altaris Capital Partners)
The Government segment is leading the Market by End-use in 2022 thereby, achieving a market value of $2.7 billion by 2029.
The North America market dominated the Market by Region in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $2 billion by 2029.
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