Security Screening Market Size, Share, Growth Analysis and Forecasts 2029-2027 | Key Players Aware, Iris ID, OSI Systems, Smiths Detection, Teledyne ICM
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The major players operating in the market for security screening market are Aware, Inc., Anviz Global, Analogic Corporation, Iris ID, Inc., L3 Security & Detection Systems, Magal Security Systems Ltd, Nuctech Company Limited, OSI Systems, Inc., Smiths Detection Inc., and Teledyne ICM (Teledyne Technologies Incorporated) among others.
The security screening market has been derived from market trends and revenue generation factors from five different regions across the globe namely; North America, Europe, Asia Pacific, Middle East & Africa, and South America. The APAC region holds the highest market share and is projected to be the fastest-growing region as well in the coming years. The APAC region consists of many developing countries that are witnessing high growth in infrastructural projects such as renovation of old airports with new structure equipped with superior technologies and systems. This which would ultimately boost the business of security screening market.
The security screening market by application is segmented into border check point, airport, government application, public places, and others. The airport holds a significant share in the market and is expected to continue its dominance in the forecast period as well. Security is getting more stringent on airports as they are one of the busiest hubs for transportation. With an upsurge in the air passenger traffic worldwide and the efforts to lower waiting time on security lanes, more and more x-ray scanners, metal and explosive detector, baggage screening, cargo screening, and other equipment are being deployed. By product, the market is segmented into X-ray scanner, biometric systems, electromagnetic metal detector, and explosive trace detector. The x-ray security scanner holds the largest market share in the market.
Moreover, the global aerospace industry pertaining to digitization and technological advancements, the scenario of the aviation industry is evolving. It has directed the countries to modernize their existing airports. Countries such as the US, Brazil, Russia, Canada, among others, has a significant number of airports which directly contribute towards the growth of security screening market. Furthermore, new body scanning equipment integrated with next-generation technology is deployed at Melbourne’s Airport. Therefore, with major adoption of security screening equipment at airports due to an upsurge in air passengers which majorly comes from the international market is playing a vital role in accelerating the growth of security screening. The trend is predicted to pitch over the period leading to a huge opportunity for the security screening players.
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The report segments the global security screening market as follows:
Global Security Screening Market – By Product
Explosive Trace Detector
Electromagnetic Metal Detector
Global Security Screening Market – By Application
Border Check point
Global Security Screening Market – By Geography
Asia Pacific (APAC)
Middle EAST & Africa (MEA)
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