X-Ray Security Scanner Market Analysis | 2021-2026

X-Ray Security Scanner Market Analysis | 2021-2026

X-Ray Security Scanner Market Analysis | 2021-2026
Report code - SRCG227 Delivery - 2 Weeks
X-Ray Security Scanner Market Growth, Size, Share, Trend, Forecast, & Industry Analysi See more...

Market Insights

"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

Segment Analysis

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Application Insights

"The product segment accounted 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 Industry Insights

"The aviation and transportation segment accounted 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 America accounted 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 Players

Some of the major players in the X-ray security scanner market are:

  • 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.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.

What deliverables will you get in this report?

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?

Competitive landscape analysis, Market share analysis

How complex is the business environment?

Porter’s five forces analysis, PEST analysis, Life cycle analysis

What are the factors affecting the market?

Drivers & challenges

Will I get the information on my specific requirement?

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.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

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

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

Frequently Asked Questions (FAQs)

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 X-ray security scanner market is expected to witness impressive growth of 7.1% CAGR in the foreseeable future.

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.

North America is expected to be the largest X-ray security scanner market during the next five years.

The product segment is expected to remain dominant in the x-ray security scanner market in the coming years.

Distributors, suppliers, manufacturers, logistics organizations, and government bodies.