Crystal Market Research has announced the addition of “X-Ray Security Screening System Market Analysis and Forecasts 2018-2023″ Market Research report to their database.
In 2014, the Global X-ray Security Screening Market was evaluated around USD 1.84 billion and is expected to reach approximately USD 2.87 billion by 2023 while registering itself at a compound annual growth rate (CAGR) of 5.08% over the forecast period owing to increased implementation to screen products/baggage and people for detection of explosives, weapons, chemicals, drugs, etc.
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X-Ray Security Screening System – Competitive Outlook and Trend Analysis:
The global x-ray security screening market is fused with some key players reporting for approximately 55% of the global market share during 2013. The major industry players include Adani Systems, OSI Systems (Rapiscan), Astrophysics, Inc., 3DX-Ray, Smith Detection, Auto Clear US, Gilardoni, Eurologix Security, Kapri, American Science and Engineering (AS&E), L3 Technologies, Analogic Corporation and Morpho Detection. This market faces numerous challenges due to government regulations, production disruptions, and supply-related delays. Increased R&D funding, vertical integration and technological developments are a few major strategies for the market growth.
X-Ray Security Screening System – Industry Trend Analysis:
The x-ray security systems are utilized in the aviation industry, commercial areas, and government sector like institutes, banks, hotels, shopping malls, etc. X-ray security screening devices can examine and detect an object within underneath person’s clothing or baggage efficiently and are vastly adopted over the aviation division. Security checkpoints act as a crucial point for ensuring security and safety at border crossing points, which is frequently the initial defense line against the penetration of illegal weapons, threats, drugs, explosives, contraband, and immigrants. Also, border security has achieved major importance due to the global terrorism and is also anticipated to boost the market demand during the forecast years. The global x-ray security screening industry has developed rapidly, and incorporation of innovative technologies has turned the x-ray security screening safe, fast, and easy-to-use. The abovementioned factors have extended the range of x-ray security screening systems further than industrial usage. Technological developments in hardware like sources, detectors, and software upgrades as well as tubes have bestowed considerably towards improving the x-ray security systems efficiency. Currently, upgrading offered security screening devices provides growth avenues for the global x-ray security screening market. Though, ionizing radiations are referred to be carcinogenic and might hinder the global x-ray security screening industry. Skin cancer is anticipated to be a major concern.
X-Ray Security Screening System – End-user Outlook and Trend Analysis:
The transit section is anticipated to experience significant growth during the forecast years due to growing number of passengers. The aviation segment is intensifying with the rise in a number of passengers globally and takes attempts to keep speed with developing travel atmosphere by adopting numerous security standards, which is also anticipated to propel the global x-ray security screening industry during the approaching years. Expansion of flexible x-ray security screening systems in an attempt to counter the terror threats is also expected to boost industry demand. The rise in air travel demand has ensued in aviation and government authorities enforcing strict safety standards to counter threat and risks while abbreviating the difficulty for the passengers. Moreover, civil aviation segment growth over Russia, the Middle East, and Asia Pacific presents growth opportunities for the global x-ray security screening market.
The global x-ray security screening market is segmented as follows –
X-Ray Security Screening System – By Region:
North America – U.S, Canada, Mexico
Europe – Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific – Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World – Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others
X-Ray Security Screening System – Regional Outlook and Trend Analysis:
The North American regional market appeared as the leading regional market throughout the forecast years. This drift is anticipated to continue during the projected period owing to the installation upgrades and the speedy adoption over the government sector. X-ray scanners are extremely famous with the Defense division, which is anticipated to boost the regional market demand throughout the forecast years. The European region is also projected to observe significant growth during the projected period. The need of improving border security and protect the people from any terror attacks renders market growth opportunities.
X-Ray Security Screening System – By End-user
Transit
Commercial
Government
X-Ray Security Screening System – By Application:
Product Screening
People Screening
X-Ray Security Screening System – Application Outlook and Trend Analysis:
In 2013, product screening section appeared as the leading application section and reported for around 60% of the total market revenue during the same year. Product screening mainly includes parcel/mail, cargo, baggage screening. Product screening systems are being used over the aviation division as well seaports ever more. Growing incidences of human and weapon trafficking, the drug appear to be a severe threat and render growth opportunities for the global x-ray security screening industry.
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X-Ray Security Screening System – Table of Contents:
1.Introduction
1.1.Report Description
1.2.Research Methodology
2.Executive Summary
2.1.Key Highlights
3.Market Overview
3.1.Introduction
3.2.Market Dynamics
…
7.Company Profiles
7.1.3DX-Ray
7.2.Adani
7.3.American Science and Engineering (AS&E)
7.4.Analogic Corporation
7.5.Astrophysics
7.6.Auto Clear US
7.7.Eurologix Security
7.8.Gilardoni
7.9.Kapri
7.10.L-3 Communications
7.11.Leidos (SAIC)
8.Global X-Ray Security Screening System Market Competition, by Manufacturer
8.1.Global X-Ray Security Screening System Sales and Market Share by Manufacturer (2016-2017)
8.2.Global X-Ray Security Screening System Revenue and Market Share by Manufacturer (2016-2017)
8.3.Top 5 X-Ray Security Screening System Manufacturer Market Share
8.4.Market Competition Trend
…
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends.
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customised research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.