X-Ray Security Scanner Market, by Application Type (People, Product), End-User Industry Type (Commercial, Law Enforcement, Aviation and Transportation, and Others), and Region (North America, Europe, Asia-Pacific, and Rest of the World).
X-Ray Security Scanner Market, by Application Type (People, Product), End-User Industry Type (Commercial, Law Enforcement, Aviation and Transportation, and Others), and Region (North America, Europe, Asia-Pacific, and R...
"The X-ray security scanner market is likely to witness a CAGR of 7.1% during the forecast period."
X-ray security scanners are equipment used to ensure the safety of passengers, assets, and facilities. An X-ray security scanner is described as a tool which employs low-level X-ray radiation for screening individuals, baggage, cargo, and any other items with an intension of ensuring the security of all. These scanners have the capability of detecting components which are not metals, as well as metals like bombs, guns and contraband to make public places safe like airports, train stations and government buildings.
The prime factors that are driving the X-ray security scanner market are increasing global trade and evolving security threats across industries.
The X-ray security scanner sector manifests many growth opportunities through the escalating requirement for improved security arrays and technological advancements in the industry. Also, the Asia-Pacific area, which is rubber-stamping its airports and transport system with gigantic resources, is a target of such expansion. The integration of leading-edge technologies such as artificial intelligence, automated threat detection, and user-friendly interfaces in the cybersecurity market have tremendously changed the market, and consequently the way we do business. The growing menace of terror strikes is attributed to an increasing call for strong security systems at key sites, thus leading to robust demands for X-ray security scanners. Mergers, purchases, and cooperation among the leading actors are predicted to enhance innovation and develop market shares. These factors, coupled with the rapidly growing concern for security and the evolution of technologies, will give rise to an increase in the market demand for X-ray security scanners in the future.
X-Ray Security Scanner Market: Snapshot
Growth
7.1% for the next five years
Major End-Use Industry Type
Aviation and Transportation
Region with the highest demand
Asia-Pacific
Key Players
Aventura Technologies Inc., L3 Security and Detection Systems Inc., Smiths Detection Inc., Westminster International Limited, Astrophysics Inc., Rapiscan Systems Inc. (OSI Systems), Autoclear LLC, Adani Systems
"The product segmentaccounted for the largest market share."
Based on the application type, the market is segmented into product and people. The product segment dominated the market in 2020 and is expected to maintain its position during the forecast period. Law enforcement agencies use X-ray scanner for the detection of weapons, explosives, and narcotics in public places.
End-User IndustryInsights
"The aviation and transportation segmentaccounted for the largest market share."
Based on the end-user industry type, the X-Ray security scanner market is segmented as commercial, law enforcement, aviation and transportation, and others. The aviation and transportation segment holds the largest share of the market and is also expected to witness healthy growth during the forecast period. The rapid spread of COVID-19 has severely affected the aviation and transportation industry and thus, has led to negative growth of the segment in 2020.
Regional Trends
"North Americaaccounted for the largest market share."
In terms of regions, North America is estimated to be the largest market for X-ray security scanner during the forecast period. Huge investment towards the aviation and transportation industry along with a well-established security system in the USA is the prime factor behind the dominance of the North American market. Asia-Pacific is expected to witness the highest growth during the forecast period owing to increasing disposable income of consumers, rising RPK, and ongoing investment towards building infrastructure for aviation and transportation industry. Europe is also likely to witness significant growth during the forecast period.
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Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth analysis of the X-Ray Security Scanner Market
How lucrative is the future?
Market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional and country level historical data and forecasts
Which are the most attractive market segments?
Market segment analysis and forecast
Which are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
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10% free customization
The X-ray security scanner market is segmented into the following categories:
By Product Type:
People
Product
Regional Analysis: (North America, Europe, Asia-Pacific, and RoW)
Type Analysis: (Mail and Parcel, and Cargo and Baggage)
By End-User Industry Type:
Commercial
Law Enforcement
Aviation and Transportation
Others
By Region:
North America (Country Analysis: the USA, Canada, and Mexico)
Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.
X-Ray Security Scanner Market Research Report: Features
Market Segmentation
3
Regions Covered
4
Countries/Sub-Regions Covered
15
No. of Figures & Tables
>150
Company Profiles
8
Research Methodology
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.
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Company Profiling
Detailed profiling of additional market players (up to three players)
SWOT analysis of key players (up to three players)
Competitive Benchmarking
Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
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X-ray security scanners are equipment used to ensure the safety of passengers, assets, and facilities. An X-ray security scanner is described as a tool which employs low-level X-ray radiation for screening individuals, baggage, cargo, and any other items with an intension of ensuring the security of all. These scanners have the capability of detecting components which are not metals, as well as metals like bombs, guns and contraband to make public places safe like airports, train stations and government buildings.
Aventura Technologies Inc., L3 Security and Detection Systems Inc., Smiths Detection Inc., Westminster International Limited, Astrophysics Inc., Rapiscan Systems Inc. (OSI Systems), Autoclear LLC, and Adani Systems are among the key players in the x-ray security scanner market.
