Security Screening Systems Market Trends, Share, Growth, and Forecast

According to IMARC Group's latest research report, titled "Security Screening Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on the security screening systems market share. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global security screening systems market reached a value of US$ 7.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 10.6 Billion by 2027, exhibiting at a CAGR of 5.9% during 2022-2027.

Security Screening Systems Market Outlook:

Security screening represents the process of manual, visual, and electronic examination of containers, individuals, and packages. It aids in identifying if an object or person is carrying any prohibited and contraband articles, such as concealed weapons and explosives. This procedure is generally conducted before entering any premises. Some of the common places that require effective security screening systems include airports, museums, prisons, courthouses, railway stations, etc. They also include full-body security scanners, people scanners, personnel security screening systems, etc. As such, these tools are usually embedded with advanced imaging technologies.

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Security Screening Systems Market Trends:

The increasing number of cargo and individuals across borders and the launch of numerous favorable policies by government bodies for improving aviation safety are among the primary factors driving the security screening systems market. Besides this, the rising incidences of terrorist activities have led to the development of innovative explosive trace detection (ETD) methods for protection, which is further augmenting the market growth. Moreover, the introduction of sensor and biometric technologies by using voice, face, fingerprint, iris, and retina scanners for safety authentication is also catalyzing the global market. Apart from this, the inflating need for protective equipment that are capable of scanning internal body parts to detect the presence of illicit drugs or smuggled goods is acting as another significant growth-inducing factor. Furthermore, the growing popularity of these tools across the corporate sector to restrict the invasion of unauthorized personnel and promote confidentiality is anticipated to propel the security screening systems market over the forecasted period.

Key Market Segmentation:

Competitive Landscape:

• American Science and Engineering Inc.

• Analogic Corporation

• Argus Global Pty Ltd

• Aware Incorporation

• Digital Barriers PLC

• Magal Security Systems Ltd.

• OSI Systems Inc.

• Safran SA

• Smiths Group PLC.

Breakup by Product Type:

• X-Ray Screening Systems

• Explosive Trace Detector

• Electromagnetic Metal Detector

• Shoe Scanner

• Liquid Scanner

• Biometric Systems

Breakup by Application:

• Transit

• Aviation

• Maritime

• Land Transportation

• Government

• Commercial

Breakup by Region:

• North America (United States, Canada)

• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)

• Europe (Germany, France, United Kingdom, Italy, Spain, Others)

• Latin America (Brazil, Mexico, Others)

• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance

• Market Outlook

• Porter’s Five Forces Analysis

• Market Drivers and Success Factors

• SWOT Analysis

• Value Chain

• Comprehensive Mapping of the Competitive Landscape

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