Security Screening Market Estimated to Flourish by 2027 | Leading Players Analogic Corporation, Anviz Global, Aware, Iris ID, L3 Security and Detection Systems, Magal Security Systems Ltd, OSI Systems and Safran SA
Security screening is used in the public places to ensure security and detect illegal objects such as weapons, explosives and liquor among others. The increasing concerns for public safety and increasing government spending for security is the major factor that is expected to drive the growth of this market. The security screening market is expected to grow significantly in APAC in coming years.
Increasing terrorist attacks and increasing security at airports and public places are the major factors that are expected to drive the growth of this market, whereas, high initial investments and performance failures are the major factors might hinder the growth of security screening market.
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Top Leading Market Players:
1. American Science and Engineering, Inc
2. Analogic Corporation
3. Anviz Global
4. Aware, Inc.
5. Iris ID, Inc.
6. L3 Security and Detection Systems
7. Magal Security Systems Ltd
8. OSI Systems, Inc.
9. Safran SA
10. Smiths Detection Inc.
The global security screening market is segmented on the basis of product and application. Based on product, the market is segmented as X-ray scanner, biometric systems, shoe scanner, explosive trace detector, electromagnetic metal detector and liquid scanner. On the basis of the application the market is segmented as border check point, airport, government applications, private sector, public places and others.
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Security Screening 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 report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global security screening market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The security screening market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting security screening market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the security screening market in these regions.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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What our report offers:
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Security Screening Market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the Security Screening, thereby allowing players to develop effective long term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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