X-ray Security Scanner Market Trends with Business Opportunities 2025 - Top Companies are Gilardoni, OSI Systems, Kromek Group, Smiths Detection, NUCTECH COMPANY LIMITED, ADANI

The "X-ray Security Scanner Market Analysis to 2025" is a specialized and in-depth study of the X-ray Security Scanner industry with a focus on the global market trends by by Product Type (Body Scanner and Baggage Scanner), and End-user (Air Transport, Land Security, Commercial Malls & Multiplexes, Government & Banks, and Postal Items). The overall market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. It also provides the overview and forecast for the global X-ray security scanner market based on all the segmentation provided with respect to six major regions including, North America, Europe, Asia-Pacific, Middle East, Africa, and South America.

The major players operating in the market of X-ray security scanner include Astrophysics, Inc., ADANI, Eurologix Security Group, L3 Security & Detection Systems, NUCTECH COMPANY LIMITED, OSI Systems, Inc., Gilardoni S.p.A., Kromek Group plc, Smiths Detection Inc., and TELEDYNE ICM.

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Key Benefits-
- To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global X-ray Security Scanner Market.
- To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)

The sales of X-ray security scanner is largely influenced by numerous factors. On the basis of product type, baggage X-ray security scanner is dominating the global X-ray security scanner market owing to enhanced security requirements at places with large mass population such as airports, shopping malls, stadiums etc. Further, government buildings, customs, and borders need improved safety equipment to evade the risk of terrorism, illegal immigrations, and transfer of contrabands.

Asia Pacific is the leading region in the X-ray security scanners market. The e-commerce industry of Asia Pacific region is flourishing attributed to the presence of several in the developing countries in the region. Further, the rising proliferation of internet connectivity and increasing penetration of smartphones is another factor driving the demand for e-commerce in Asia Pacific. Further, the increasing government spending on the infrastructure sector of the region is propelling the deployment of X-ray security scanners in the region.

X-ray security scanner market is growing globally with increasing development of infrastructure. Airports, being the biggest end-user of these systems, are noticing high investments in their infrastructure. Almost all the countries across the globe are investing in their airport infrastructure by either expanding the existing facilities or constructing new airports. Also, a growth has been noticed in the commercial infrastructure of emerging economies, resulting in construction of new shopping malls, hospitals, stadiums, and other commercial buildings. The deployment of X-ray security scanners in these buildings and airports, is expected to boost the market growth.

E-commerce industry is growing rapidly across the globe, with each passing day, a new e-commerce market is coming into existence and the established markets are reaching new heights. E-commerce sales globally is expected to grow fiercely in 2017, it is expected that the market will account for one-tenth of total retail sales worldwide. China and the U.S. are expected to lead the industry with a share of US$ 1.6 Tn in 2017, which is approx. 70% of total e-commerce market. Furthermore, this will increase the growth of cross-border transfer of goods.

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Further, the market heavily depends on the changing government standards and budgets. For instance, the EU has recently passed a legislation mandating every airports in the region to update their baggage screening systems to comply with standard 3 of ECAC by 2020. However, for U.K. airports, the deadline in 2018. Also, in 2011, EU banned the use of X-ray full-body scanners across all the airports in the region, followed by the U.S. and China.

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