X Ray Security Scanner Market Report

X-Ray Security Scanner Market Insights

X-Ray Security Scanner market is likely to witness a CAGR of 7.1% during the forecast period. The prime factors that are driving the X-ray security scanner market are increasing global trades and evolving security threats across industries.

Market Share Analysis

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X-Ray Security Scanner Market Share: By Application Type

Based on the application type, the market is segmented as 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.

X-Ray Security Scanner Market Share: By End-User Industry Type

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 a healthy growth during the forecast period. 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.

X-Ray Security Scanner Market Share: By Region

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 aviation and transportation industry along with 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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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.

Market Scope & Segmentation

X-Ray security scanners are equipment used to ensure safety of passengers, assets, and facilities. The market is segmented based on application type into product and people. Based on end-use industry type into commercial, law enforcement, aviation and transportation, 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.

The X-ray security scanner market is segmented into the following categories. 

X-Ray Security Scanner Market Size, Share, & Forecast, by Product Type:

• People (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Product
  • Regional Analysis: (North America, Europe, Asia-Pacific, and RoW)
  • Type Analysis: (Mail and Parcel, and Cargo and Baggage)

X-Ray Security Scanner Market Size, Share, & Forecast, by End-User Industry Type:

• Commercial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Law Enforcement (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Aviation and Transportation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

X-Ray Security Scanner Market Size, Share, & Forecast, 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)

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Research Methodology

This report offers high-quality insights and is the outcome of 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 the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

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 the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report 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 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the product types by end-user industry type.

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 at sales@stratviewresearch.com.