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X-Ray Security Screening System Market Growth Analysis & Forecast Report | 2024 | Key player are Adani Systems, MinXray, L-3 Communications Security & Detection Systems, Kapri, Smiths Detection

09-27-2019 08:18 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Research

X-Ray Security Screening System Market

X-Ray Security Screening System Market

One of the impelling factors behind Asia Pacific being a new investment hub for X-ray security screening system market players is its robustly expanding aviation industry. Rapid industrialization & urbanization trends in countries such as China, India, Indonesia, and Korea, have drastically fueled passenger travels in both the domestic and international sector, consequently leading to Asia Pacific evolving as a rather profitable ground for X-ray security screening system industry growth. It is imperative to mention that the anticipated growth in global airport security industry, which has a target CAGR of 7% over 2017-2024 will remarkably impact the revenue graph of X-ray security screening system industry in the coming years.

The product screening application segment of the x-ray security screening system market holds the largest market share as they are used for the detection of illegal weapons, explosives, contraband, toxic materials and narcotics to safeguard people against any kinds of potential threats. The equipment is highly beneficial in cases where packages that cannot be unpacked for checking.

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A high movement of illegal contraband such as drugs, radioactive materials, and weaponry across country borders is further propelling the x-ray security screening system market. The International Atomic Energy Agency (IAEA) reported nearly 2,500 incidents of trafficking of radioactive materials from 1995-2015. In light of such instances, governments of various economies are intensifying their security protocols and deploying advanced technologies in high-stress locations such as airports, transit locations, malls, and other public locations.

It is imperative to note that organic and inorganic substances are facilitated to be detected separately in X-ray security screening systems, as most explosives are organic. On the other hand, X-ray images of such contraband objects can clearly point them out to airport security staff who can then take necessary steps to assure the security of other passengers. Many airports are also employing full body X-ray scanning of passengers to detect weapons or banned objects being carried on the person, thus adding another growth dimension to X-ray security screening system market.

Browse key industry insights spread across 140 pages with 118 market data tables & 32 figures & charts from the report, X-Ray Security Screening System Market in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/x-ray-security-screening-system-market-report

Segmentation of the x-ray security screening system market by end-use indicates that the transit industry sub-segment will have the highest growth. These systems aid in identifying potential threats coming from the evaluation of suspicious packages, vehicle scanning, suspect scanning, custom searches through wall scanning to reduce disruption in the public.

X-ray security screening system market players Adani Systems Inc., MinXray, Inc., L-3 Communications Security & Detection Systems, Kapri Corp, Smiths Detection, OSI Systems, Inc., Astrophysics Inc., Autoclear LLC, Scanna MSC, and Vanderlande. Companies undertake strategies such as mergers, acquisitions, and product launches to sustain growth in the x-ray security screening system industry. For instance, in October 2017, Scanna MSC announced the launch of Rapiscan 620XR VE small frame high performance x-ray screener for building and postal security clients having a low operating space.

Some Point from Table of Contents:

Chapter 4. X-Ray Security Screening System, By End-use
4.1. X-ray security screening system market share by product, 2016 & 2024
4.2. Transit industry
4.2.1. Market estimates and forecasts, 2013 - 2024
4.3. Commercial
4.3.1. Market estimates and forecasts, 2013 - 2024
4.4. Government
4.4.1. Market estimates and forecasts, 2013 - 2024

Chapter 5. X-Ray Security Screening System, By Application

5.1. X-ray security screening system market share by application, 2016 & 2024
5.2. People screening
5.2.1. Market estimates and forecasts, 2013 - 2024
5.3. Product screening
5.3.1. Market estimates and forecasts, 2013 – 2024

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/x-ray-security-screening-system-market-report

Contact us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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