Global Security Screening Market, By Product (X-Ray Screening Systems, Explosive Trace Detectors (ETD), Electromagnetic Metal Detectors, Shoe Scanners, Liquid Scanners, Biometric Systems), Application (People Screening, Baggage and Cargo Screening, Vehicle Inspection), End Use (Transportation, Retail Stores and Malls, Hospitality, Government, Industrial, Commercial, Educational Institutes, Events and Sports), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights Global Security Screening Market
The security screening market is expected to witness market growth at a rate of 7.40% in the forecast period of 2022 to 2029. Data Bridge Market Research report on security screening market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand for the product for various industrial applications globally is escalating the growth of security screening market.
Security screening refers to a type of system that is widely utilized recognizing threats to safeguard government, public events or people against any threats. The threats include terrorism and trafficking of people, among other unlawful activity.
The increase in terrorist attacks and illegal immigration across the globe acts as one of the major factors driving the growth of security screening market. The easy availability of integrated screening systems due to technological advancements, and improvements in security screening at airports accelerate the market growth. Favorable government regulations supporting screening devices’ installations in order to ensure public safety, and increased demand for large scale security surveillance at public gatherings further influence the market. Additionally, rapid urbanization, surge in investments, public gatherings fuel demand for security enhancement solutions and surge in demand for biometrics solutions in private sector positively affect the security screening market. Furthermore, technological advancements in security screening systems and inclusion of artificial intelligence to bring digital transformation in security applications extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
On the other hand, high cost associated with the installation and maintenance, and concerns regarding privacy are expected to obstruct the market growth. Health hazards of full-body scanning and lack of technical knowledge are projected to challenge the security screening market in the forecast period of 2022-2029.
This security screening market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on security screening market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Security Screening Market Scope and Market Size
The security screening market is segmented on the basis of product, end use and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product, the security screening market is segmented into X-ray screening systems, explosive trace detectors (ETD), electromagnetic metal detectors, shoe scanners, liquid scanners and biometric systems. X-ray screening systems have been further segmented into body scanner, baggage scanner, handheld scanner and cabinet X-ray system. Electromagnetic metal detector has been further segmented into handheld metal detector and walk-through metal detector. Biometric systems have been further segmented into face recognition system, voice recognition system, retina recognition system, IRIS recognition system and fingerprint recognition system.
- Security screening has also been segmented on the basis of application into airport, government applications, border check point, educational institutes, private sector, public places and others.
Security Screening Market Country Level Analysis
The security screening market is segmented on the basis of product, end use and application.
The countries covered in the security screening market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the security screening market due to the high adoption of security screening systems as a result of government regulations directing stringent security checks within the region. Asia-Pacific is expected to witness highest growth during the forecast period of 2022 to 2029 because of the extensive growth of e-commerce in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Security Screening Market Share Analysis
The security screening market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to security screening market.
Some of the major players operating in the security screening market report are merican Science and Engineering, Inc., Analogic Corporation, Argus TrueID, Aware, Inc., Digital Barriers, L3Harris Security & Detection Systems, Magal Security Systems Ltd., OSI Systems, Inc., Safran, Smiths Group plc, 3DX-RAY, Teledyne Technologies Incorporated, NUCTECH COMPANY LIMITED, Astrophysics Inc, C.E.I.A. SpA, Gilardoni S.p.A., Anviz Global Inc., Iris ID, Inc., LAXTON GROUP, Aratek, NEC Corporation, and Cognitec Systems GmbH among others.
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