Published Date: Jan 2018 | Report ID: GMI505 | Authors: Preeti Wadhwani, Saloni Gankar



Report Format: PDF | Pages: 140 | Base Year: 2016

Industry Trends

X-Ray Security Screening System Market size crossed USD 2 billion in 2016 and is projected to grow at over 5% CAGR from 2017 to 2024. Increasing security concerns due to an increase in terroristic and illegal activities across the world is a prime factor driving the market demand.



The presence of security electronic systems at prime, high-risk locations such as airports and shopping areas can reduce the occurrences of such instances. Additionally, the movement of illegal contraband such as weaponry, drugs, and humans across state and international borders is aiding the market growth.



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The increasing government focus on enforcing safety and security protocols is projecting the growth of the x-ray security screening system market revenue. The governments around the globe are launching plans for the modernization of out-dated equipment and the construction of new transit locations.



The applications in the industry has high advantages over traditional security processes as they can aid in eliminating the inconvenience and inefficiency of manual, body-cavity and baggage searches and streamline the traveller screening process.



The high initial costs associated with replacing existing systems, primarily full-body and vehicle scanners, is challenging the growth of the market. However, the benefits of utilizing these systems outweigh the cost drawbacks in the long-term. Additionally, the equipment also possesses a radiation risk for the occurrence of tissue damage and may pose a threat to the industry.



X-Ray Security Screening System Market Report Coverage Report Coverage Details Base Year: 2016 Market Size in 2016: 2 Billion (USD) Historical Data for: 2013 to 2016 Forecast Period: 2017 to 2024 Forecast Period 2017 to 2024 CAGR: 5% 2024 Value Projection: 3 Billion (USD) Pages: 140 Tables, Charts & Figures: 150 Geographies covered (19): U.S., Mexico, Canada, UK, France, Germany, Italy, Russia, India, Japan, China, South Korea, Australia, Brazil, Argentina, Chile, Saudi Arabia, UAE, South Africa Segments covered: End-Use, Application and Region Companies covered (22): DX-RAY Ltd., Adani Systems Inc., Analogic Corporation, Astrophysics Inc., Autoclear LLC, Eurologix Security Group Ltd., Gilardoni Spa, Kapri Corp, L-, Communications Security & Detection Systems, Leidos Holdings, Inc., MinXray, Inc., Nuctech Company Ltd., OSI Systems, Inc., Scanna MSC Ltd., Smiths Detection, Todd Research Ltd., Totalpost Ltd., Vanderlande, Vidisco Ltd., VJ Technologies Inc., Westminster International Ltd., YXLON International GmbH. Growth Drivers: High security risks associated terrorist attacks in the U.S.

Emergence of stringent security measures in Europe

Growing investments in Asia Pacific to develop airport infrastructure

Rising focus on airport upgrades in China

Growing construction of airports in Singapore Pitfalls & Challenges: Increasing health concerns

Budget constraints

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Market by End-use

Rising occurrences of terroristic activities, with a high emphasis on countries amidst political and religious turmoil, is promoting the growth of the x-ray security screening system market share. This is attributed to rise in government initiatives to protect the general population by installing theses equipment in high-risk locations.



Transit locations such as air and seaports and other locations encountering heavy movement of goods are ideal locations for the terrorist attacks and smuggling activities. The presence of such security equipment, including baggage and millimetre scanners, can detect even trace amount of contrabands situated inside large baggage containers and is driving the market size.



Market by Application

The trends in the x-ray security screening system industry indicates that product screening holds the largest share in 2016 on account of rising occurrences of drug and weaponry movement over the borders. These systems can aid in the scanning of large product volumes such as vehicles and shipment containers.



The people screening segment of the x-ray security screening system market is expected to experience reduced adoption owing to issues pertaining to privacy of the individuals and the occurrence of radiation poisoning among susceptible clients. Moreover, these systems can only detect metal and other contraband outside the body.



Market by Region

Large scale industrialisation and the growth of the e-commerce sector, facilitating the movement of goods to and from the Asia Pacific region is a key factor promoting the market value. Additionally, various government bodies in the regions have launched regulations mandating the usage of these systems for the protection of human life and financial property.



Government focus on the safeguarding of offshore ports from dirty bombs and the increase in traveller traffic at high-risk transit locations such as airports is contributing to the high revenue growth of the x-ray security screening system market during the forecast timespan.



Moreover, the Transportation Security Administration (TSA) has also announced that it is working in collaboration with American airlines for the installation of new security lanes to reduce the inconvenience, invasiveness, and the time taken for the completing a complete body and baggage check.



Competitive Market Share

Vendors operating in the x-ray security screening system market include MinXray, Inc., Adani Systems Inc., L-3 Communications Security & Detection Systems, Smiths Detection, Astrophysics Inc., Kapri Corp, Autoclear LLC, OSI Systems, Inc., Scanna MSC, Westminster International Ltd., and Vanderlande.



Companies are required to undertake business strategies such as product launches, marketing activities, and mergers and acquisitions to sustain growth. The market is highly competitive owing to the presence of a large number of players holding very small market shares. A prominent strategy amongst vendors is to invest in R&D activities for launching of new and advanced systems.



Industry Background

X-ray security screening system industry have high applications within the government and commercial sector for the detection of metal, drugs, weaponry, and other contraband on a person’s body or within a package. These systems are ideal in high-risk, public locations such as airports and hotels that encounter large amounts of travellers on a daily basis and are highly susceptible to illegal activities. Occurrences of suicide bombings and public shootouts can lead to widespread panic, loss of financial property, injuries and deaths.



The X-ray security screening system market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2013 to 2024 , for the following segments:

By Application

Product screening

People screening

By End-Use

Government

Commercial

Transit industry

The above information is provided on a regional and country basis for the following :

North America U.S. Mexico Canada

Europe Germany UK France Italy Russia

Asia Pacific China India Japan South Korea Australia

Latin America Brazil Argentina Chile

MEA Saudi Arabia UAE South Africa





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