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Security Screening Market Predicted Double-Digit Growth Rate by 2024

08-21-2017 11:51 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: zion market research

Security Screening Market Predicted Double-Digit Growth Rate

Global Security Screening Market by Overview:

At public places such as railway stations, airports, and others the security screening concerns is a major issue. Security screening helps in detecting objects that are not authorized such as weapons, metal objects, liquor products and others. Screenings of the people and of their luggage are also done to detect hazardous objects. The major places where the security screening is done include airports, border terminal points, and government offices. The popular technique used for the security screening is the biometric system.

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Global Security Screening Market by Segmentation:

The global security screening market is segmented into its applications, products, and geography. Based on the applications, the global market is categorized into railway stations, government offices, educational institutes, airports, border checkpoints, private sector offices and other public places. The public places can be further sub-segmented into shopping malls, cinema halls, temples and commercial complexes and others. On the basis of the products, the market is segregated into X-ray screening system, electromagnetic detector, biometric system and the explosive trace detector. The geographic regions where the security screening market is diversified include Asia-Pacific, Europe, North America and Rest of the World.

Global Security Screening Market by Growth Factors:

The main factor that helps the market to grow is its easy availability owing to the technological advancements. The vendors have shifted their focus on the new screening methods leaving the traditional screening and scanning products methods. The key driver for the market growth is the increasing government support for the installation of the screening devices to ensure the public safety has helped in the growth of the market. Growing security concerns in the field of aviation and the increased demand for the large-scale surveillance at public gatherings are encouraging the market growth. The demand for the installation of the biometric systems in the private sector offices has favorably impacted the market growth. The factors that are restraining the market growth include the high installation costs, the health issues that are caused by the full body scanning and the negative publicity of privacy interruption and defense.

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Global Security Screening Market by Regional Analysis:

The region that dominates the security screening market is the North American region. The factors that are acting favorably for this growth include the strict government regulations for the security checks and the wide usage of the techniques in the public places. The X-ray scanners are the most popular screening device that is used in the defense sector. The region that is following is the Asia-Pacific region; it is owing to the rise in the terrorist attacks in the region. Europe is also contributing towards the market growth and this growth is expected to increase in the coming years.

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Global Security Screening Market by Competitive Players:

The key market players in the security screening market include Magal Security Systems Ltd., American Science and Engineering, Inc., Argus Global Pty Ltd., Digital Barriers Plc., Safran SA, Analogic Corporation, Aware Incorporation, Implant Sciences Corporation, OSI Systems, Incorporation and Smiths Group Plc.

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