X-ray Security Scanner Market 2021 Growth, Prominent Players: Aventura Technologies, Inc., L3 Security and Detection Systems, Inc., Smiths Detection Inc.

The X-ray Security Scanner Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the X-ray Security Scanner market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the X-ray Security Scanner market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the X-ray Security Scanner market.

The X-ray Security Scanner Market was valued at USD 2.73 billion in 2019 and is expected to reach USD 4.07 billion by 2025, at a CAGR of 6.88% over the forecast period 2020 - 2025.

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Top Leading Companies of X-ray Security Scanner Market are - Aventura Technologies, Inc., L3 Security and Detection Systems, Inc., Smiths Detection Inc., Westminster International Limited, Astrophysics Inc., Rapiscan Systems Inc. (OSI Systems), Autoclear, LLC, Adani Systems and others.

Industry News and Updates:

- Jan 2019 - Rapiscan Systems launched its new, high-performance ORION series product line. Three new checkpoint screening solutions, the 918CX, 920CX, and 922CX, are available immediately with additional models planned for the future. This product launch serves as the first of many new offerings from Rapiscan Systems, which will leverage innovations in imaging such as detectors and generators and deep learning algorithms.
- Jan 2019 - OSI Systems, security division received an order for approximately USD 11 million to provide multiple units of its RTT 110 (Real Time Tomography) explosive detection systems that will be installed at a European airport.

Key Market Trends:

Aviation & Transportation Has the Largest Share in the Market

- X-ray security scanners have been a highly implemented solution in the industry for scanning baggage (small and large), people, air cargo, parcels among others to identify and find any hidden threating item or detect for smuggling of any banned items.
- According to the International Air Transport Association (IATA) Air Transport Statistics report 2017, airlines connected a record number of cities worldwide and provided regular services to over 20,000 city pairs in 2017.
- It also carried over 4.1 billion passengers on scheduled services, an increase of 7.3% over the previous year. It indicates the vast number of people and the luggage that goes through a security check. X-ray security scanner helps it to move on time and is, therefore, a preferred for security.

Asia-Pacific to Witness a Huge Demand

- The Asia-Pacific is expected to witness the fastest growth during the forecast period due to continued investment in upgrading the transport infrastructure in the urban areas globally and has seen increased metro, rail, monorail projects being undertaken to distribute the burden on the urban infrastructure.
- Massive investment in Metrorail and airport projects in India, China, and other countries make it essential to safeguard them and has pushed for the increased adoption and use of these security scanners in the transportation segment.
- According to Indian Infrastructure, India will have rupees 1100 billion investments in urban rail transportation segment in the 2018-2019 year.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- X-ray Security Scanner Market Size & Analysis (2016 - 2026)
- Market Share Analysis of X-ray Security Scanner Market (%),2016 - 2026
- X-ray Security Scanner Market Share, By Brand
- X-ray Security Scanner Market Share, By Company
- X-ray Security Scanner Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies X-ray Security Scanner Market Value Analysis & Forecast
- Promising X-ray Security Scanner Development by Major Companies
- Detailed X-ray Security Scanner Portfolio of the Major Companies
- Major Deals in the X-ray Security Scanner Market
- Major Companies Analysis

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