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Security Screening Market worth $15.81 billion by 2030, growing at a CAGR of 6.88% - Exclusive Report by 360iResearch
Security Screening Market | 360iResearch
The Global Security Screening Market to grow from USD 9.91 billion in 2023 to USD 15.81 billion by 2030, at a CAGR of 6.88%.
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Security screening refers to the procedure by which individuals or their belongings are inspected for the presence of prohibited items or substances that could pose a threat to a given environment. This domain encompasses a range of practices and technologies, including manual bag checks and pat-downs to sophisticated systems employing X-rays, metal detectors, and advanced imaging technologies. Their major objective is to enhance safety for the public and safeguard critical infrastructure without causing undue delay or inconvenience. The expansion of the global security screening sector is propelled by increased threats of terrorism, insurgent activities, and escalating crime rates, necessitating stringent security measures. The rise in international travel and trade pushes for advanced screening systems at borders and points of entry. In addition, technological advances in screening equipment, such as 3D imaging and biometric identification, enable more efficient security operations. The high cost of security screening systems is a major barrier, particularly for implementation in developing countries. Privacy concerns and the potential for infringement of civil liberties represent significant social challenges. Additionally, complexities related to the operation and maintenance of sophisticated screening devices can limit their adoption. The development of integrated systems offering real-time data collection and analysis presents considerable opportunities in the security screening domain. Growing investments in infrastructure security across public and private sectors open new avenues for industry expansion. Additionally, integrating artificial intelligence (AI) and machine learning(ML) can revolutionize screening processes, enhancing accuracy and efficiency while creating potential for autonomous security systems.
Market Segmentation & Coverage:
This research report categorizes the Security Screening Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Technology, market is studied across Imaging Technologies, Nonimaging Electromagnetic Technologies, Passenger-Profiling System, and Trace-Detection Technologies. The Imaging Technologies is further studied across Active Milimeter-Wave Imaging, Active X-ray Imaging, and Passive Milimeter-Wave Imaging. The Trace-Detection Technologies is further studied across Boarding Card Scanner, Canine Screening, Hand-Wand Device, and Potal Screening. The Nonimaging Electromagnetic Technologies is projected to witness significant market share during forecast period.
Based on Application, market is studied across Baggage & Cargo Screening, People Screening, and Vehicle Inspection. The Baggage & Cargo Screening is projected to witness significant market share during forecast period.
Based on End-Use, market is studied across Colleges & Universities, Commercial Buildings, Government Buildings & Institutions, Hotels & Resorts, Retail Stores & Malls, Stadiums & Grounds, and Transportation. The Government Buildings & Institutions is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Security Screening Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Security Screening Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Security Screening Market, highlighting leading vendors and their innovative profiles. These include 3DX-RAY, Airport Aviation Security AG, Astrophysics Inc., Aware, Inc., Baotairan (Shenzhen) Technology Group Co., Ltd., BEUMER Group GmbH & Co. KG, Costruzioni Elettroniche Industriali Automatismi S.p.A., Dahua Technology Co., Ltd., Das Electronics Work Private Limited, Evolv Technologies, Inc., Garrett Electronics Inc., Gilardoni S.p.A., International Secure Environments PTY LTD, Leidos, Inc., Micro-X Ltd., NEC Corporation, Nuctech Netherlands B.V., OSI Systems, Inc., Rapiscan Systems, Inc., Raytheon Technologies Corporation, Rohde & Schwarz GmbH & Co. KG, Seico, Inc., Shenzhen Chuangyilong Electronic Technology Co., Ltd., Shenzhen Uni X-ray Technology Limited, Smiths Group PLC, Teledyne Technologies Incorporated, Thales Group, Vanderlande Industries BV, Vehant Technologies, and Zoan Gaoke Electronics Co.,Ltd..
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Security Screening Market, by Technology
7. Security Screening Market, by Application
8. Security Screening Market, by End-Use
9. Americas Security Screening Market
10. Asia-Pacific Security Screening Market
11. Europe, Middle East & Africa Security Screening Market
12. Competitive Landscape
13. Competitive Portfolio
14. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Security Screening Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Security Screening Market?
3. What is the competitive strategic window for opportunities in the Security Screening Market?
4. What are the technology trends and regulatory frameworks in the Security Screening Market?
5. What is the market share of the leading vendors in the Security Screening Market?
6. What modes and strategic moves are considered suitable for entering the Security Screening Market?
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About 360iResearch
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