Global Security Screening Market Bwc19148

Global Security Screening Market, By Product (X-Ray Scanner, Biometric Systems, Shoe Scanner, Explosive Trace Detector, Electromagnetic Metal Detector, Liquid Scanner), By Technology (Magnetic Imaging, X-ray Imaging, Magnetometer, Others), By Application (Border Check point, Airport, Government Applications, Private Sector, Public Places, Educational Institutions), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa), Market Trend Analysis, Competitive Analysis, Size And Forecast, 2015-2025

  • Published Date: April 2019
  • Report ID: BWC19148
  • Available Format: PDF
  • Page: 120

Report Overview

Global Security Screening Market: Overview

Global Security Screening market is anticipated to worth USD 6,927 million in 2019, with a CAGR of 4.89% during 2019-2025. Global Security Screening Market is projected to witness exponential growth over the coming years in the wake of growing terrorist threats and the need for preventing unethical and unlawful acts. It involves scanning of individuals and their belongings, to avoid unlawful and unethical practices. The demand for security screening has been increasing due to threats related to terrorism, and other unethical and unlawful practices which can lead to economic, financial, and, human loss. The security screening process involves scanning individuals and their stuff through several scanning equipment such as explosive trace detectors, electromagnetic metal detectors, full-body X-ray scanners as well as biometric technology.

Moreover, favorable government regulations supporting the installation of a screening device to ensure public safety is expected to the growth of security screening market in coming years. Also, the advancement in technology leads to the easy availability of integrated screening systems which has enabled the key players to integrate the traditional screening and scanning products in the emerging market. Furthermore, advancement in sensor technology along with the growing need for security measures at various public places is also fueling the growth of global security screening market over the forecast period.

Global Security Screening Market- Product Type Analysis

Global Security Screening Market by product type can be sub-divided into X-Ray Scanner, Biometric Systems, Shoe Scanner, Explosive Trace Detector, Electromagnetic Metal Detector, and Liquid Scanner. X-ray Scanners are expected to have High Growth as One of the Basic Security Equipment. The X-ray scanners market is expected to witness the fastest growth over the forecast period owing to the growing terrorist activities all over the world; it plays a vital role in providing safety and security. They are even gaining prominence in event security. Moreover, the increase in the number of global air passengers, particularly in Asia-Pacific and the Middle East is a key driver for the growth of the X-ray security scanners in global security screening market. Furthermore, with the advancements in technology, X-ray scanning evolved rapidly as it was a safe, effective, and easy-to-use solution.

Global Security Screening Market- Application Analysis

Global Security Screening Market by the application can be sub-divided into Airport, Government Applications, Private Sector, Public Places, and Educational Institutions. Global Security screening market is growing majorly at airports, public places, and private sectors as compared to the other applicable areas. The key factor driving the growth of the market is the increasing number of airports which consequently increasing the need for security screening. Thus, there is a huge scope for this market to grow in the aviation segment also. Moreover, to ensure public safety at public places such as malls, hotels, casinos, hospitals, and to avoid terrorism and unlawful activities security screening is must require. Furthermore, the usage in the private sector involves the office’s premises and business events where security screening is used for attendance, authentication, and access control of employees.

Global Security Screening Market- Regional Analysis

Global Security Screening Market by region can be sub-divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific is projected to be the fastest growing in terms of the CAGR in the security screening market owing to the rise in the amount of terrorism and unethical practices in these regions. Also, APAC is expected to witness the high installation of security systems to address constant terrorist threats. Moreover, North America holds a lion share in the security screening market and is expected to continue its dominance, over the forecast period. The region has implemented several screening methodologies, includes full-body scanning, banning of certain materials & scanners to identify such materials, layered security checks, which is propelling the market value of security screening devices in the region over the coming years.

Global Security Screening Market Competitive Landscape

Companies, such as SRI International, Iris ID, Smartmatic, Anviz Global, MorphoTrak, Cross Match Technologies Inc., Smart Sensors Ltd, American Science and Engineering Inc., Analogic Corporation, Digital Barriers plc OSI Systems Inc., Smiths Group plc, Aware Inc., Argus Global and Faxitron are the key players of Global security screening market.

Objective of the Study:

·         To analyze and forecast market size of the global security screening market, in terms of useful value

·         To examine the careful market segmentation and forecast the market size, in terms of value, on the premise of the region by segmenting global security screening market into 5 regions, namely, North America, Europe, Asia Pacific, Middle East and Africa.

·         To outline, categorized and forecast the global security screening market on the premise of product type, technology and application.

·         To examine competitive developments like expansions, technological advancement, services, and regulative framework within the global security screening market.

·         To pinpoint the drivers and challenges for global security screening market.

·         To spot the profile of leading players, that area unit concerned within the producing and provide off global security screening market.

Key Target Audience:

·         Market research and consulting firms

·         Industry associations

·         Raw material suppliers

·         Global security screening market manufacturers

·         Research organizations and consulting companies

·         Global security screening market suppliers

·         Organizations, associations, and alliances related to security screening

·         Regulatory bodies

Scope of the Report

By Product Type

·         X-Ray Scanner

·         Biometric Systems

·         Shoe Scanner

·         Explosive Trace Detector

·         Electromagnetic Metal Detector

·         Liquid Scanner

By Technology

·         Magnetic Imaging

·         X-ray Imaging

·         Magnetometer

·         Others

By Application

·         Border Check point

·         Airport

·         Government Applications

·         Private Sector

·         Public Places

·         Educational Institutions

In addition, the report provides analysis of the security screening market with respect to the following geographic segments:

·         North America

·         Europe

·         Asia Pacific (APAC)

·         LATAM

·         MEA

Business Questions answer by the report

·         How will the market drivers, restraints and opportunities affect the market dynamics?

·         What will be the market size in terms of value and volume and market statistics with detailed classification

·         Which segment dominates the market or region and one will be the fastest growing and why?

·         A comprehensive survey of the competitive landscape and the market participant players

·         Analysis of strategy adopted by the key player and their impact on other players.

Customization Scope for the Client

Client satisfaction is our first and last priority. And that’s why BlueWeave Consulting offers customization according to Company’s specific needs. The following customization options are available for the report:

Additional Company Information

·         With five additional company detail analysis.

·         Additional country analysis.

·         Detailed segment analysis.