The Global X-Ray
Security Screening Market is expected to reach USD 2.89 billion by 2020,
according to a new study by Grand View Research, Inc. Threats pertaining to
piracy, drug trade, cross-border terrorism, human trafficking, etc., are
anticipated to fuel global x-ray security screening market demand over the
forecast period. The risk of terrorist attack has driven investment in the
aviation security. Further, illegal arms, drug trafficking and immigration have
heightened border security, which is expected to favorably impact the demand
for body & baggage screening systems and explosive detection systems.
 |
Global X-ray Security Screening Market
by end-use, 2012 - 2020 (USD Billion)
|
The sales of
x-ray security and inspection systems significantly rely on the decision of
governmental agencies to upgrade or expand existing border crossing inspection
sites, airports, seaport inspection sites, military facilities, and other
security installations. The decision of governmental agencies to incorporate
new systems or to upgrade existing infrastructure plays an important role in
driving market demand. Further, the aviation sector has to keep pace with
evolving travel environment by adopting several security measures, which is
expected to drive the x-ray security screening market over the next few years.
Development of flexible security screening systems in order to address terror
threats is also anticipated to fuel market demand. In addition, upgrades for
existing installations provide opportunities for market growth. However,
ionizing radiations generated by x-ray security scanners are known to be
carcinogenic, and may hinder market growth over the forecast period.
In depth research report on X-Ray Security Screening Market
Further key findings from the study suggest:
·
The transit sector is poised for high growth over the
forecast period. X-ray security screening systems are primarily used for
baggage screening, and account for substantial usage across the civil aviation
sector.
·
X-ray security screening exhibits high penetration in the
government sector, and accounted for substantial market share in 2013. Upgrades
for existing installations are expected to drive the regional market demand,
particularly across the border security application. The decision of
governmental agencies to incorporate new systems or to upgrade existing
infrastructure plays an important role in driving market demand.
·
Product screening accounted for considerable market share
in 2013, with significant demand originating from the cargo and baggage
screening applications.
·
North America accounted for a sizable share of the global
x-ray security screening market in 2013. The Homeland Security Department has
invested heavily in U.S. customs and border security, which is expected to
catapult the segment demand over the forecast period.
·
A few key industry participants, including OSI Systems
(Rapiscan), Smiths Detection, American Science and Engineering, Morpho
Detection and Analogic Corporation are constantly innovating with considerable
R&D investments to gain competitve advantage, and maintain strong market
position.
·
For the purpose of this study, Grand View Research has
segmented the global x-ray security screening market on the basis of end-use,
application and region:
X-Ray Security Screening End-Use Outlook (Revenue, USD Million, 2012 -
2020)
·
Transit
·
Commercial
·
Government
X-Ray Security Screening Application Outlook (Revenue, USD Million, 2012
- 2020)
·
People Screening
·
Product Screening
X-Ray Security Screening Regional Outlook (USD Million, 2012 - 2020)
·
North America
·
Europe
·
Asia Pacific
·
RoW
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About Grand View Research
Grand View
Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
For more market analysis reports, please visit: http://www.grandviewresearch.com/
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