openPR Logo
Press release

X-ray Security Screening Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023

08-24-2016 09:27 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: credence research

X-ray Security Screening Market - Growth, Share,

Global X-Ray Security Screening Market To Reach US$ 3.12 Bn By 2023

According to a new market report published by Credence Research, Inc. “X-ray Security Screening Market (By Application (Luggage/Product Screening, Human Screening, and Vehicle Screening), By End-use (Government, Transportation (Airway, Waterway, and Railroad Way), and Commercial)) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023”, the global X-ray security screening market is expected to grow at a CAGR of 6.5% during the forecast period 2016 – 2023, reaching US$ 3.12 Bn by 2023.

Browse the full X-ray Security Screening (By Application (Luggage/Product Screening, Human Screening, and Vehicle Screening), By End-use (Government, Transportation (Airway, Waterway, and Railroad Way), and Commercial)) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023 report at credenceresearch.com/report/x-ray-security-screening-market

Product Insights

An X-ray security screening system is a device that detects objects on the desired body or inside a luggage without making any physical contact. Integrating advanced threat detection technologies with flexible and intelligent system designs, X-ray security screening systems enable effective threat recognition. Thus, these devices increasingly find applications across airports, seaports, aircrafts, ships, public gatherings, state boundaries, and commercial infrastructure to counter threats like terrorism and illegal trafficking. The combination of terrorist attack threats, the shortcomings of current technologies, and governments’ willingness to invest on security infrastructure development bodes well for the market growth.

Request for sample @ http://www.credenceresearch.com/sample-request/58025

Competitive Insights:

The global X-ray security screening market is technology driven and highly consolidated across different end-use segments. The leading top 4 players account for over 50% of the global X-ray security screening market revenue. Some of the leading and promising players identified in the global X-ray security screening market include American Science and Engineering Inc., OSI Systems, Inc., Smith Detection, Safran Identity & Security (Morpho Detection), Analogic Corporation, Adani Group, 3DX-Ray Ltd., Aware Incorporation, MinXray Inc., Eurologix Security, L-3 Communications Holdings, and Leidos Holdings, Inc. (SAIC) among others. The market being technology driven has room for technological innovations.

While developed economies like North America and Europe house most of the leading X-ray security screening system manufacturers, they are focusing on penetrating emerging markets like India, Brazil, and China. On the other hand, a new entrant is required to make substantial investment upfront and in research and development activities to better penetrate the market. Growing security concerns coupled with rigorous security measures bodes well for the market growth and competition.

For Customization report http://www.credenceresearch.com/request-for-customization/58025

Key Trends:

Rigorous security measures and government regulations to support market demand
Heavy investments made in developing security infrastructure
Growing security concerns over rising terrorist activities
Increasing demand from civil aviation sector
High upfront cost and privacy intrusion

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Name: Chris Smith (Global Sales Manager)
Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US
E-mail: sales@credenceresearch.com
Ph: 1-800-361-8290
Web: http://www.credenceresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release X-ray Security Screening Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023 here

News-ID: 358097 • Views:

More Releases from credence research

Pharmacy Market Size, Growth | Industry Report, 2023-2032
Pharmacy Market Size, Growth | Industry Report, 2023-2032
The latest market report published by Credence Research, Inc. The demand for the US Retail Pharmacy Market, valued at USD 569.79 Billion in 2023, is projected to soar to USD 948.80 Billion by 2032, marking a robust compound annual growth rate (CAGR) of 5.76% during the period from 2024 to 2032. The US retail pharmacy market stands as a cornerstone of the nation's healthcare infrastructure, serving as the frontline for patient
Medical Headgears Market is Expected to Reach USD 2,184.62 million by 2032 | Credence Research
Medical Headgears Market is Expected to Reach USD 2,184.62 million by 2032 | Cre …
The Medical Headgears Market is poised for substantial growth, with a market value of USD 1,247.86 million in 2024 projected to surge to USD 2,184.62 million by 2032, representing a robust compound annual growth rate (CAGR) of 6.36%. In the realm of healthcare, innovation is key, and this holds true for the field of medical headgears. These devices play a crucial role in various medical applications, from orthodontics to craniofacial
Quality Management Software Market Size, Share, Analysis, Growth & Forecast 2030
Quality Management Software Market Size, Share, Analysis, Growth & Forecast 2030
The latest market report published by Credence Research, Inc. The global demand for Quality Management Software market was valued at USD 9654.8 Million in 2023 and is expected to reach USD 24697.3 Million in 2032, growing at a CAGR of 11.00% between 2024 and 2032. In today's fast-paced and highly competitive business landscape, ensuring the highest level of product or service quality is paramount. Quality management is not just a goal
Commercial Drone Market Size, Growth to Reach USD 56756.3 Million by 2030 | Credence Research
Commercial Drone Market Size, Growth to Reach USD 56756.3 Million by 2030 | Cred …
The latest market report published by Credence Research, Inc. The global demand for Commercial Drone was valued at USD 19482.5 Million in 2022 and is expected to reach USD 56756.3 Million in 2030, growing at a CAGR of 14.30% between 2023 and 2030. In recent years, the commercial drone market has experienced exponential growth, revolutionizing industries and opening up new possibilities for businesses across the globe. From agriculture and construction to

All 5 Releases


More Releases for Screening

Screening Success: High-Throughput Screening (HTS) Market Insights (2023-2033)
Market Outlook: The High-Throughput Screening (HTS) Market is poised for significant growth, playing a pivotal role in accelerating drug discovery and development processes. With advancements in automation, assay technologies, and a focus on identifying potential drug candidates efficiently, the market anticipates robust expansion in the adoption of high-throughput screening methodologies. The outlook is characterized by a surge in demand for rapid and cost-effective screening solutions, the integration of artificial intelligence
Carrier Screening Market: Genetic Health Screening on the Rise | CAGR 13.8%
Allied Market Research recently released 'Global Carrier Screening Market: Outlook and Forecast 2023-2030.' This comprehensive report assesses market risks, identifies emerging opportunities, and offers valuable strategic and tactical decision-making support for the period spanning 2023 to 2030. The market study is thoughtfully segmented by key regions that are pivotal for driving market growth. This report presents insights into market research and development, explores growth drivers, and delves into the evolving
Alcohol Screening Breathalyzer and Alcohol Screening Device Manufacturer | ALCOF …
ALCOFIND, a DA Tech brand, is a trustworthy and flawless maker of alcohol screening breathalyzer. It includes both an advanced alcohol tester and an alcohol screening device.  DA Tech has dedicated itself to the research and development of sensor-related application solutions since its foundation in 2002, firmly establishing itself as a specialized breathalyser company and emerging as a global leader. ALCOFIND breathalyser has quality certifications for the world's major breathalyser markets, including
Cancer Screening Technology Market Update and Forecast to 2025; Breast Cancer Sc …
The Cancer Screening Technology Market recently Published Global Market research study with more than 100 industry informative desk and Figures spread through Pages and easy to understand detailed TOC on “Cancer Screening Technology Market”. The report provides information and the advancing business series information in the sector to the exchange. The report provides a notion connected to the progress of this market movement of significant players of this industry. An examination
Prenatal Screening Market | Global Industry Analysis by First-Trimester Screenin …
Prenatal Screening market 2020 with industry size, share, trends, growth, opportunities, key players and forecast by 2025.The global Prenatal Screening market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. Supply Demand Market Research's latest publication, titled global Prenatal Screening market, offers an insightful take on the drivers and restraints present in
Background Screening Market -Sterling Infosystems, First Aduvatage, HireRight, K …
Background Screening Market Overview: Summary:Background Screening is the process of looking up and compiling criminal records, commercial records, and financial records of an individual or an organization. Background Screening is often requested by employers on job candidates for employment screening, especially on candidates seeking a position that requires high security or a position of trust, such as in a school, courthouse, hospital, financial institution, airport, and government. These checks are traditionally