X-Ray Security Screening System Market in Product screening grow at 5.8% CAGR from 2016 to 2023 - PowerPoint PPT Presentation


Title: X-Ray Security Screening System Market in Product screening grow at 5.8% CAGR from 2016 to 2023


1
X-Ray Security Screening System Market share to
hit USD 3 Billion by 2023 Global Market
Insights, Inc
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from X-Ray Security Screening
System Market
  • Global X-Ray security screening system market
    forecast to grow with 5.7 CAGR to surpass USD 3
    billion by 2023. Rising concerns for safety at
    various places such as railways, airports, public
    places, stadiums, government applications,
    private sectors and border check lines will favor
    industry demand from 2016 to 2023.
  • Expanding unlawful and dishonest practices can be
    controlled with the help of x-ray screening
    frameworks thus avoiding economic, and human
    losses. Rising threat of psychological oppression
    and unlawful practices have brought about
    persistent upgrading of security and filtering
    items.
  • Commercial x-ray security screening system market
    will grow with 5.2 CAGR over the forecast
    period. Rising threat of terrorism has surged the
    need for scanning in commercial areas such as
    hotels, shopping malls and banks. The growing
    number of safety concerns on a global scale has
    compelled governments to re-evaluate their safety
    system and adapt new advanced mechanism to
    counter any future assaults. Conformity with
    safety measures and government regulations
    enacted to improve security infrastructure will
    positively impact x-ray security screening system
    market demand.

3
Continued...
  • Psychological oppressor assault dangers have
    driven huge interests in the flight security
    sector. In addition, drug trafficking, unlawful
    arms and movement have raised border security
    thereby driving industry demand. The consistent
    materials and products course through fringe
    intersections and ports are being checked to
    recognize various contrabands to avoid threats.
  • Technological advancements in ensuring the
    fail-safe detection with maximum scanning and
    replacement of obsolete scanning products with
    newer versions are expected to further drive the
    industry growth.
  • Stringent regulations have enforced manufacturers
    to continuously focus on upgrading existing
    technologies related to security products. For
    instance, VisiConsult can inspect suspicious
    objects in contactless way by mobile battery
    operated systems.Battery operated x-ray tubes and
    digital detectors create high resolution image of
    objects. Privacy intrusion of personnel, high
    upfront costs and alternative screening methods
    such as pat-down or frisking check is expected to
    hinder x-ray security screening system market
    demand over the forecast timeframe.

4
China X-Ray Security Screening System Market
size, by end-use, 2012-2023 (USD Million)

5

Browse Full Market Research Report On X-Ray
Security Screening System Market _at_
http//bit.ly/2qGq5qu Request for a Sample of
this Research report _at_ https//www.gminsights.com/
request-sample/detail/505
6
Continued...
  • People screening segment accounted for over 28
    in 2015 and is estimated to have moderate growth
    from 2016 to 2023. Monitoring borders and
    roadways to detect smuggling and intrusion will
    support the segment demand.
  • Europe x-ray security screening system market
    share will have substantial growth from 2016 to
    2023. Recent terrorist attacks in countries such
    as France, Germany, UK and Belgium will support
    the industry growth. MEA x-ray security screening
    system industry share accounted for over 5 of
    the revenue in 2015 and will have considerable
    growth from 2016 to 2023. Countries in the region
    are responding to ongoing disturbances with rapid
    spending on internal and homeland security
    technologies.
  • Companies operating in the x-ray security
    screening system market are Morpho Detection,
    Analogic Corporation, OSI Systems, Rapiscan,
    Adani Systems, and Smiths Detection. The industry
    is characterized by presence of several large and
    small scale vendors offering advanced features
    which are focused on expanding their product
    offerings by investing heavily in RD and
    developing advanced technologies.

7
360 Analysis
  • Application Analysis
  • Product screening accounts for the largest share
    of the overall X-Ray Security Screening System
    Market share and is expected to dominate the
    application segment, with 5.8 CAGR estimation
    from 2016 to 2023. Rising need across the
    aviation as well as government sector for cargo,
    baggage, parcel or mail screening applications
    will surge demand over the forecast timeline.
  • Regional Analysis
  • U.S. X-Ray Security Screening System Market size
    was valued at USD 580 million in 2015, with gains
    estimate at over 5.7 from 2016 to 2023 owing to
    severe security regulations and measures adopted
    by the government. Replacement of outdated
    security screening system will also help the
    region to gain industry share over the forecast
    timeframe. Asia Pacific X-Ray Security Screening
    System Market share is expected to be the fastest
    growing region over the forecast period owing to
    momentous population base that translates to
    large number of travellers.  
  • Competitive Market Share
  • Major companies involved in X-Ray Security
    Screening System Market share are Morpho
    Detection, OSI Systems, Analogic Corporation,
    Adani Systems, Rapiscan, Astrophysics and Smiths
    Detection. Other players are 3DX-Ray, American
    Science and Engineering (ASE), Astrophysics,
    Auto Clear US, Eurologix Security, Gilardoni,
    Kapri and L-3 Communications.


8
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X-Ray Security Screening System Market in Product screening grow at 5.8% CAGR from 2016 to 2023

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Request Sample of Report @ Rising security concerns related to consecutive threat and activities such as illegal arms shipping and drug trafficking is a major factor driving the X-Ray Security Screening System Market size. Compliance with security measures and government regulations to improve the security infrastructure would further attribute to increasing industry demand. – PowerPoint PPT presentation

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Title: X-Ray Security Screening System Market in Product screening grow at 5.8% CAGR from 2016 to 2023


1
X-Ray Security Screening System Market share to
hit USD 3 Billion by 2023 Global Market
Insights, Inc
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from X-Ray Security Screening
System Market
  • Global X-Ray security screening system market
    forecast to grow with 5.7 CAGR to surpass USD 3
    billion by 2023. Rising concerns for safety at
    various places such as railways, airports, public
    places, stadiums, government applications,
    private sectors and border check lines will favor
    industry demand from 2016 to 2023.
  • Expanding unlawful and dishonest practices can be
    controlled with the help of x-ray screening
    frameworks thus avoiding economic, and human
    losses. Rising threat of psychological oppression
    and unlawful practices have brought about
    persistent upgrading of security and filtering
    items.
  • Commercial x-ray security screening system market
    will grow with 5.2 CAGR over the forecast
    period. Rising threat of terrorism has surged the
    need for scanning in commercial areas such as
    hotels, shopping malls and banks. The growing
    number of safety concerns on a global scale has
    compelled governments to re-evaluate their safety
    system and adapt new advanced mechanism to
    counter any future assaults. Conformity with
    safety measures and government regulations
    enacted to improve security infrastructure will
    positively impact x-ray security screening system
    market demand.

3
Continued...
  • Psychological oppressor assault dangers have
    driven huge interests in the flight security
    sector. In addition, drug trafficking, unlawful
    arms and movement have raised border security
    thereby driving industry demand. The consistent
    materials and products course through fringe
    intersections and ports are being checked to
    recognize various contrabands to avoid threats.
  • Technological advancements in ensuring the
    fail-safe detection with maximum scanning and
    replacement of obsolete scanning products with
    newer versions are expected to further drive the
    industry growth.
  • Stringent regulations have enforced manufacturers
    to continuously focus on upgrading existing
    technologies related to security products. For
    instance, VisiConsult can inspect suspicious
    objects in contactless way by mobile battery
    operated systems.Battery operated x-ray tubes and
    digital detectors create high resolution image of
    objects. Privacy intrusion of personnel, high
    upfront costs and alternative screening methods
    such as pat-down or frisking check is expected to
    hinder x-ray security screening system market
    demand over the forecast timeframe.

4
China X-Ray Security Screening System Market
size, by end-use, 2012-2023 (USD Million)

5

Browse Full Market Research Report On X-Ray
Security Screening System Market _at_
http//bit.ly/2qGq5qu Request for a Sample of
this Research report _at_ https//www.gminsights.com/
request-sample/detail/505
6
Continued...
  • People screening segment accounted for over 28
    in 2015 and is estimated to have moderate growth
    from 2016 to 2023. Monitoring borders and
    roadways to detect smuggling and intrusion will
    support the segment demand.
  • Europe x-ray security screening system market
    share will have substantial growth from 2016 to
    2023. Recent terrorist attacks in countries such
    as France, Germany, UK and Belgium will support
    the industry growth. MEA x-ray security screening
    system industry share accounted for over 5 of
    the revenue in 2015 and will have considerable
    growth from 2016 to 2023. Countries in the region
    are responding to ongoing disturbances with rapid
    spending on internal and homeland security
    technologies.
  • Companies operating in the x-ray security
    screening system market are Morpho Detection,
    Analogic Corporation, OSI Systems, Rapiscan,
    Adani Systems, and Smiths Detection. The industry
    is characterized by presence of several large and
    small scale vendors offering advanced features
    which are focused on expanding their product
    offerings by investing heavily in RD and
    developing advanced technologies.

7
360 Analysis
  • Application Analysis
  • Product screening accounts for the largest share
    of the overall X-Ray Security Screening System
    Market share and is expected to dominate the
    application segment, with 5.8 CAGR estimation
    from 2016 to 2023. Rising need across the
    aviation as well as government sector for cargo,
    baggage, parcel or mail screening applications
    will surge demand over the forecast timeline.
  • Regional Analysis
  • U.S. X-Ray Security Screening System Market size
    was valued at USD 580 million in 2015, with gains
    estimate at over 5.7 from 2016 to 2023 owing to
    severe security regulations and measures adopted
    by the government. Replacement of outdated
    security screening system will also help the
    region to gain industry share over the forecast
    timeframe. Asia Pacific X-Ray Security Screening
    System Market share is expected to be the fastest
    growing region over the forecast period owing to
    momentous population base that translates to
    large number of travellers.  
  • Competitive Market Share
  • Major companies involved in X-Ray Security
    Screening System Market share are Morpho
    Detection, OSI Systems, Analogic Corporation,
    Adani Systems, Rapiscan, Astrophysics and Smiths
    Detection. Other players are 3DX-Ray, American
    Science and Engineering (ASE), Astrophysics,
    Auto Clear US, Eurologix Security, Gilardoni,
    Kapri and L-3 Communications.


8
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al Media
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