Global X-ray Security Screening Market (2021 to 2027) – Growth, Trends, COVID-19 Impact and Forecasts

X-ray Security Screening Market was valued at US$ 4.2 Bn. in 2021. The Global X-ray Security Screening Market size is estimated to grow at a CAGR of 6.6 % over the forecast period.

X-ray Security Screening Market Overview:

X-ray security scanners are used to detect hazardous organic, inorganic, and metallic materials. Full-body scanners and baggage scanners safeguard passengers, facilities, and assets from any danger or threat. The report explores the X-ray Security Screening market's segments (Application, End-user, and Region). Data has been provided by market participants and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2020. The report investigates the X-ray Security Screening market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the X-ray Security Screening market's contemporary competitive scenario. Global X-ray Security Screening Market To know about the Research Methodology:- Request Free Sample Report 2021 is considered as a base year to forecast the market from 2022 to 2027. 2021’s market size is estimated on real numbers and outputs of the key players and major players across the globe. The past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analysis, especially with the impact of lockdown by region.

X-ray Security Screening Market Dynamics:

As a primary target for terrorist attacks, infrastructure must be protected from both internal and external threats. A weak security system at airports, seaports, railway stations, and hotels is resulting in an increase in illegal activities as well as the threat of terror attacks. To prevent terror attacks in public places like airports, trains, hotels, and other illicit activities, body scanning is necessary, along with scanning products. Inventories of cargo are stored at airports. On flights, there is a possibility of smuggling banned substances, such as radiological explosives, weapons, and conventional explosive devices. An X-ray scanner facilitates challenging tasks such as securing, inspecting and tracking cargo containers. There are more terrorist attacks in Europe, more terrorist attacks from terrorist organizations such as ISIS, along with increasing instabilities in Iran, Syria, and Iraq. In the past few years, terrorist attacks in Europe have grown, and terrorist groups such as ISIS are forecasted to have a greater influence on the market for X-ray security screening systems. Growing trading is also driving the growth of the X-Ray scanner market. As more illegal activities such as smuggling are occurring at seaports and airports, the market is expected to grow at significant rate. High levels of radiation from security scanners can cause cataracts and increase the risk of heart attack and stroke. X-ray systems with high frequencies can lead to skin tissue damage, which are hampering the market growth. Growing International airports and transportation centers across the globe, are generating product demand. To avoid financial loss, human life, and baggage mishandling, these areas need to be protected. Therefore, mentioned factors are expected to create growth opportunities for new entrants in the X-ray security scanner market.

X-ray Security Screening Market Trends:

• X-ray security scanners have been widely used by airports for scanning baggage (small and large), people, cargo, and parcels, among others, to identify and detect any hidden threatening items or detect smuggling goods. • The emergence and use of 3D imaging capabilities in x-ray scanners have further increased the need for enhanced functions, design, and capabilities, which are predicted to lead to a great demand for x-ray security scanners. Impact of COVID-19: It restricts the x-ray security screening market during COVID-19, due to lockdown and shutdown, which resist by the government administration. Transport security solutions have been impacted by the temporary closure of international borders. Due to the stoppage of new retail and shopping complex construction projects, security screening solutions saw a decline in demand in the first half of 2020. However, it recovered in the second half of 2020, with the relaxing of lockdown regulations.

X-ray Security Screening Market Segment Analysis:

Based on the Application, the X-ray Security Screening Market is segmented into product screening and people screening. The product screening segment is dominating the market share with 68% in 2021. A major reason for this growth is the increased incidence of drug trafficking, human trafficking, and weapons trafficking across the globe. Global X-ray Security Screening Market 1 Based on End-user, the X-ray Security Screening Market is segmented into the government, commercial, and transit industries. The transit industry holds the largest market share accounting for 38% in 2021. The segment growth is attributed to strict safety measures taken by the government to resist threats and risks, the development of X-ray security systems, an increasing number of passengers, and the government's strict safety measures, the transit industry is experiencing growth.

X-ray Security Screening Market Regional Insights:

North America held the largest market share accounting for 44% in 2021. An effective security system combined with high investment in aviation and transportation in the U.S. is one of the main reasons why the North American market has dominated most of the world's markets for a long time. Government authorities declared the installation updates, and they are increasingly adopting security systems. Asia Pacific is expected to witness significant growth in the forecast period due to continued funding being invested in upgrading the urban infrastructure across the globe and more metro, rail, and monorail projects have been undertaken to balance the burden on this infrastructure. In India, China, and other countries, massive investments in Metrorail and airport projects have made it necessary to safeguard them. This has pushed for an increase in the use of these security scanners. Due to rapid urbanization, it is forecasted that the region will experience a high demand for x-ray security scanners, which will boost the market in this region. The objective of the report is to present a comprehensive analysis of the global X-ray Security Screening Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear, futuristic view of the industry to the decision-makers. The reports also help in understanding the X-ray Security Screening Market dynamic and structure by analyzing the market segments and projecting the X-ray Security Screening Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the X-ray Security Screening Market make the report investor’s guide.

X-ray Security Screening Market Scope: Inquire before buying

Global X-ray Security Screening Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US $ 4.2 Bn.
Forecast Period 2022 to 2027 CAGR: 6.6% Market Size in 2027: US $ 6.16 Bn.
Segments Covered: by Application • Product Screening • People Screening
by End-user • Transit Industry • Commercial • Government

X-ray Security Screening Market, by Region:

• North America • Europe • Asia Pacific • Middle East and Africa • South America

X-ray Security Screening Market Key Players:

OSI Systems Inc. • Minxray Inc. • Smiths Detection Group Ltd. • Scanna MSC • YXLON Interbational • Matrix Technologies • Autoclear LLC • Adani Systems Inc. • Analogic Corporation • Astrophysics Inc. • Soredex • Source-Ray • Hologic • Novanta • FLIR Systems

Frequently Asked Questions:

1. What is the study period for X-ray Security Screening Market? Ans: The study period of this market is 2017-2027. 2. What is the growth rate of the X-ray Security Screening Market? Ans: The X-ray Security Screening Market is growing at a CAGR of 6.6% over the forecast period. 3. Which region has the highest growth rate in X-ray Security Screening Market? Ans: The Asia Pacific region has the highest growth rate in X-ray Security Screening Market. 4. Which region has the largest share in X-ray Security Screening Market? Ans. North America held the highest share in 2021. 5. What are the significant segments operating in the market? Ans. The significant segments are Application, End-user, and by Geography.
1. Global X-ray Security Screening Market Size: Research Methodology 2. Global X-ray Security Screening Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global X-ray Security Screening Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global X-ray Security Screening Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12. COVID-19 Impact 4. Global X-ray Security Screening Market Size Segmentation 4.1. Global X-ray Security Screening Market Size, by Application (2021-2027) • Product Screening • People Screening 4.2. Global X-ray Security Screening Market Size by End-user (2021-2027) • Transit Industry • Commercial • Government 5. North America X-ray Security Screening Market (2021-2027) 5.1. North America X-ray Security Screening Market Size, by Application (2021-2027) • Product Screening • People Screening 5.2. North America X-ray Security Screening Market Size by End-user (2021-2027) • Transit Industry • Commercial • Government 5.3. North America X-ray Security Screening Market, by Country (2021-2027) • United States • Canada • Mexico 6. European X-ray Security Screening Market (2021-2027) 6.1. European X-ray Security Screening Market, by Application (2021-2027) 6.2. European X-ray Security Screening Market, by End-user (2021-2027) 6.3. European X-ray Security Screening Market, by Country (2021-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific X-ray Security Screening Market (2021-2027) 7.1. Asia Pacific X-ray Security Screening Market, by Application (2021-2027) 7.2. Asia Pacific X-ray Security Screening Market, by End-user (2021-2027) 7.3. Asia Pacific X-ray Security Screening Market, by Country (2021-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa X-ray Security Screening Market (2021-2027) 8.1. Middle East and Africa X-ray Security Screening Market, by Application (2021-2027) 8.2. Middle East and Africa X-ray Security Screening Market, by End-user (2021-2027) 8.3. Middle East and Africa X-ray Security Screening Market, by Country (2021-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America X-ray Security Screening Market (2021-2027) 9.1. South America X-ray Security Screening Market, by Application (2021-2027) 9.2. South America X-ray Security Screening Market, by End-user (2021-2027) 9.3. South America X-ray Security Screening Market, by Country (2021-2027) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. OSI Systems Inc. 10.1.1. Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Minxray Inc. 10.3. Smiths Detection Group Ltd. 10.4. Scanna MSC 10.5. YXLON International 10.6. Matrix Technologies 10.7. Autoclear LLC 10.8. Adani Systems Inc. 10.9. Analogic Corporation 10.10. Astrophysics Inc. 10.11. Soredex 10.12. Source-Ray 10.13. Hologic 10.14. Novanta 10.15. FLIR Systems

About This Report

Report ID 100305
Category Information Technology & Telecommunication
Published Date May 2021
Updated Date May 2022
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