COVID 19 PANDEMIC: Security Screening Equipment Market Global Insights, Trends, Demand and Precise Outlook- ATS, Sempurnaindah Multinusantara, Decorative Plastic, Wellmark, VinyRoyal Plasticoates

The Global Security Screening Equipment Market report offers a comprehensive analysis of the market. This report focused on market past and present growth globally. Global research on Global Security Screening Equipment Industry presents a market overview, product details, classification, market concentration, and maturity study. The market value and growth rate from 2020-2026 along with industry size estimates are explained.

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The Security Screening Market was valued at USD 6.93 billion in 2019 and is expected to register a CAGR of 5.1%, during the forecast period 2020-2025.

Security screening has become essential, in order to avoid unethical practices and maintain security within public spaces. Airports account for a significant share of demand for security screening solutions and are expected to continue its dominance over the forecast period, owing to the robust rise in the number of airports and consequent air passenger traffic.

Market Overview:

- Computerized tomography or CT scanners have witnessed an increased popularity, due to the large size and noisiness of the traditional scanners. These are expected to replace the traditional X-ray scanners, particularly in the aviation sector.

- Digital transformation, while incorporating the benefits of machine learning and artificial intelligence, is expected to advance the capabilities of the present systems.

Security screening is the process of allowing individuals to access classified information or to restricted areas, after completion of thorough frisking and background check. Strict security regulations, growth in the tourism industry, developing the aviation security market, rising terrorist activities, and increase in drug, weapon, and human trafficking are driving the security screening market. The wide use of security screening can be seen in airports, ports and borders, defense, critical infrastructure.

The prominent players in the global Security Screening Equipment market are:

Smiths Detection Inc, L-3 Security and Detection Systems Inc., OSI Systems Inc., 3DX-Ray Ltd, Teledyne ICM, Analogic Corporation, Nuctech Company Limited, Astrophysics Inc., CEIA S.p.A, Gilardoni S.p.A

News and Updates:

13 May 2020 Smiths Detection launches Ultraviolet Light Upgrade Kits for checkpoints capable of killing 99.9% of microorganisms on baggage trays

18 Jan 2015 Smiths Detection launches Checkpoint.Evo, an Integrated Airport Security Software Suite

28 Sep 2015 Smiths Detection launches HI-SCAN 6040C, a new generation of X-ray scanners to enhance security in public buildings

27 SEPTEMBER 2019 Smiths Detection introduces new air cargo security scanner

30th March 2019 TSA to launch 3-D tech that will make going through security a walk in the park

27TH FEBRUARY 2019 Rapiscan Systems launches high-performance security inspection devices

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Report Coverage:

Increasing Threat from Terrorism Emphasises the Need for Security Screening at Airports

- The largest market share has been occupied by airports with 65.5% of the market share. Airport security includes perimeter security, command, control and integration, cyber security, communications, surveillance, access control, and screening. Of these, the majority of developments are expected to take place in the screening, Big Data markets and these sectors are particularly witnessing upgrades and new investments as part of the airport security market.
- Aircraft fleet is expected to increase over the years. All regions, including Asia-Pacific, North America, Europe, Latin America, Middle East, Africa, and Russia and Central Asia are expected to witness this rise.
- While air fleet size and passenger traffic are expected to rise significantly over the forecast period, it makes airports more prone to security threats, such as bombs, loots, and robberies, etc. Therefore, with the increasing passenger traffic in aircraft, airports are intensely focusing on security in the airport premises..

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Competitive Landscape:

- November 2018 - Smiths Detection and its local distributor, Eastronics, were selected by the Israel Airport Authority (IAA) to supply 32 advanced checkpoint lanes for Ben Gurion Airport and the new Ramon International Airport, which is due to open in 2019.

- November 2018 - L3 Security & Detection Systems was selected to provide radiation monitoring portals at ports of entry operated by the US Customs and Border Protection agency. The contract is part of a federal program to enhance the detection of radiation in cargo containers and prevent unauthorized nuclear materials from entering the country.

Furthermore, Global Security Screening Equipment Market following points are involved along with a detailed study of each point: -

-Manufacture Analysis -- Generation of this Global Security Screening Equipment Industry is tested about applications, types, and regions with price analysis of players that are covered.

-Sales & Revenue Assessment -- Revenue, sales are planned for this Security Screening Equipment market, including with various essentials along yet another facet is assessed in this section for foremost regions.

-Supply and Effectiveness -- In continuation using earnings, this section studies consumption, and global Security Screening Equipment market. This area also sheds light on the variance between ingestion and distribution. Export and Security Screening Equipment significance data are provided in this part.

-Competitors -- In this section, key players have been studied depending on product portfolio, their Security Screening Equipment market company profile, volume, price, price, and earnings.

-Investigations and Analysis -- Security Screening Equipment market analysis aside from business, the information, and supply, contact information from manufacturers, consumers and providers can also be presented. Additionally, a feasibility study to asset and SWOT analysis for endeavors have been contained.

All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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