X-Ray Security Screening System Market Analysis by Size, Share, Growth, Trends up to 2025
Category: #technology |   By Admin |   Date: 2021-02-10  |  Product ID: 467745 | 
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X-Ray Security Screening System Market Analysis by Size, Share, Growth, Trends up to 2025

X-Ray Security Screening System Market Trends covers the companies’ data including Growth potential analysis, Industry segmentation, Business trends, Growth drivers, Price trend analysis. The Report also Gives Detail Analysis on Market concern Like X-Ray Security Screening System Market share, CAGR Status, Market demand and up to date Market Trends with key Market segments.

X-Ray Security Screening System Market is set to exceed USD 3 billion by 2024; according to a new research report.

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Possibilities of skin tissue damage due to ionization effect of the rays is expected to challenge the x-ray security screening system market growth. Growing stringency of regulations put forth by the U.S. Department of Health and Human Services (HHS) and the U.S. Food and Drug Administration (FDA) discouraging the use of high-frequency systems is expected to hamper the x-ray security screening system market growth over the future. However, the growing usage of backscatter x-ray systems, that reduce the health hazards in people scanning applications is expected to gain popularity.

X-ray security screening system market is expected to grow over the estimated timespan, owing to the increasing adoption at the border crossing points to ensure safety and security. Persisting risk of terrorist attacks has encouraged the investment form the aviation sector. The systems are increasingly being implemented in the airports to prevent the harm to passengers, aircrafts, & crew and enhance national security, thus propelling the x-ray security screening system market growth. Growing threats of drug trafficking, illegal arms trade, and illegal immigration has increased the governments of various countries to use these scanning systems at public places including hotels, government sites, transport hubs, and museums & concerts.

The trend of automation of detection process is becoming highly popular in the industry. Resource constraints such as limited staff for operating the equipment and budget are expected to hamper the growth in the long term. The companies are investing in R&D to increase the efficiency of these systems and generate more scans in a given timeframe. For instance, the R&D team of Rapiscan is working to automate the detection and screening process. The company is developing tools that help an operator analyze the image and quickly identify potential threats.

Growing need to scan the cargos at the border checkpoints is driving the demand from transit industry, thus propelling the x-ray security screening system market over the forecast timespan. Companies in the industry offer a portfolio of configurable high-energy radiation scanning systems to keep the trade flowing smoothly. Technologies such as advanced cargo imaging and detection are developed that provides dynamic range and superior penetration views.

Asia Pacific is expected to grow at a fast pace in the industry over the future, owing to growing number of passengers travelling through airways. Growing trade across the borders, particularly in developing countries including India and China is driving the adoption of these systems. Astrophysics, in partnership with the local supplier, will supply these equipment for the 2018 Winter Olympics and Paralympics in South Korea later this year, thus impacting the x-ray security screening system market positively.

Growing instances of terrorist attacks in Europe in the past few years and growing threat from terrorist organizations such as ISIS is expected to drive the regional x-ray security screening system market growth. The November 2015 Paris attacks on multiple locations including music venues, restaurants & bars, and sports stadium compelled the government of France to implement the scanning equipment in all the public places, thereby impacting the industry positively. The bombings in Brussels in March 2016 encouraged the government of Belgium to implement advanced scanning systems in airports and metro stations all over the country. Such threats are expected to compel the government bodies to implement these devices, thus propelling the industry growth over the next seven years.

Some of the major players in x-ray security screening system market include OSI Systems (Rapiscan), Morpho Detection, Smith Detection, Analogic Corporation, L3 Security & Detection Systems, Analogic Corporation, Adani Group, Astrophysics, Inc., and American Science and Engineering. The companies are developing software solutions to enable to view an integrated scanned image. For instance, CV2 software solution by L3 integrates the data from several scanning systems to a centralized display. This allows quick access to the contents of the cargo locally for illegal or contraband items.

X-ray security screening system market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2013 to 2024, for the following segments:

X-ray Security Screening System Market, By Application

Product screening

People screening

X-ray Security Screening System Market, By End-Use

Government

Commercial

Transit industry

The above information is provided on a regional and country basis for the following:

North America

U.S.

Mexico

Canada

Europe

Germany

UK

France

Italy

Russia

Asia Pacific

China

India

Japan

South Korea

Australia

Latin America

Brazil

Argentina

Chile

MEA

Saudi Arabia

UAE

South Africa

Report Content Chapter 1. Methodology and Scope 1.1. Methodology 1.1.1. Initial data exploration 1.1.2. Statistical model and forecast 1.1.3. Industry insights and validation 1.1.4. Definition and forecast parameters 1.2. Data Sources 1.2.1. Primary 1.2.2. Secondary Chapter 2. Executive Summary 2.1. X-ray security screening system industry 360 degree synopsis, 2013 - 2024 2.1.1. Business trends 2.1.2. Regional trends 2.1.3. End-use trends 2.1.4. Application trends Chapter 3. X-Ray Security Screening System Industry Insights 3.1. Industry segmentation 3.2. Industry landscape, 2013 - 2024 3.3. Industry ecosystem analysis 3.3.1. Vendor matrix 3.4. Technology & innovation landscape 3.4.1. High energy x-ray systems 3.4.2. 3D color x-ray 3.5. Regulatory landscape 3.5.1. U.S. 3.5.1.1. Transportation Security Administration (TSA) 3.5.2. Europe 3.5.2.1. Radiation Emitting Devices (RED) Act 3.6. Industry impact forces 3.6.1. Growth drivers 3.6.1.1. High security risks associated terrorist attacks in the U.S. 3.6.1.2. Emergence of stringent security measures in Europe 3.6.1.3. Growing investments in Asia Pacific to develop airport infrastructure 3.6.1.4. Rising focus on airport upgrades in China 3.6.1.5. Growing construction of airports in Singapore 3.6.2. Industry pitfalls and challenges 3.6.2.1. Increasing health concerns 3.6.2.2. Budget constraints 3.7. Growth potential analysis 3.8. Porter's analysis 3.9. Competitive landscape 3.9.1. Strategy dashboard 3.10. PESTEL analysis Chapter 4. X-Ray Security Screening System, By End-use 4.1. X-ray security screening system market share by product, 2016 & 2024 4.2. Transit industry 4.2.1. Market estimates and forecasts, 2013 - 2024 4.3. Commercial 4.3.1. Market estimates and forecasts, 2013 - 2024 4.4. Government 4.4.1. Market estimates and forecasts, 2013 - 2024 Chapter 5. X-Ray Security Screening System, By Application 5.1. X-ray security screening system market share by application, 2016 & 2024 5.2. People screening 5.2.1. Market estimates and forecasts, 2013 - 2024 5.3. Product screening 5.3.1. Market estimates and forecasts, 2013 - 2024

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