COVID-19 Impact on the Global Security Screening Market - PowerPoint PPT Presentation

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COVID-19 Impact on the Global Security Screening Market

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The security screening market is estimated to be worth USD 7.5 billion in 2021 and is projected to reach USD 10.1 billion by 2026, at a CAGR of 6.3 %. The global increase in terrorist attacks and illegal immigration, public gatherings fuel demand for security enhancement solutions and surge in demand for biometrics solutions in the private sector are some of the prominent factors for the growth of the security screening market globally. – PowerPoint PPT presentation

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Title: COVID-19 Impact on the Global Security Screening Market


1
MarketsandMarkets Presents
Security Screening Market with Covid-19 Impact
Analysis by Technology (X-Ray, Metal Detection,
Biometric, Spectrometry, Spectroscopy), End Use,
Application (People Screening, Baggage Cargo
Screening, Vehicle Inspection), Region - Global
Forecast to 2026 The security screening market
is estimated to be worth USD 7.5 billion in 2021
and is projected to reach USD 10.1 billion by
2026, at a CAGR of 6.3
2
MarketsandMarkets Presents
The global increase in terrorist attacks and
illegal immigration, public gatherings fuel
demand for security enhancement solutions and
surge in demand for biometrics solutions in the
private sector are some of the prominent factors
for the growth of the security screening market
globally. Download PDF Brochure _at_
https//www.marketsandmarkets.com/pdfdownloadNew.a
sp?id264685413 Biometric technology to hold
the largest market share during the forecast
period in the security screening market The
biometric systems segment holds the largest share
of the security screening market. Biometric
technology has evolved from fingerprint scanners
to facial recognition. Thus, its demand is on the
rise for security screening purposes to enable
authorities to screen a person accurately. 
3
MarketsandMarkets Presents
The use of security screening systems for
transportation application is expected to witness
the highest growth rate during the period 2021
and 2026 The rising passenger traffic has made it
essential to regularly and rigorously inspect
people, cargo, baggage, and vehicles. Individual
and baggage screening is very important at
airports and other transit locations, while cargo
screening plays an important role in preventing
illegal activities at seaports. Many countries
are focusing on installing security measures at
airports, bus depots, and train stations due to
the increasing incidents of terrorist attacks and
crimes
4
MarketsandMarkets Presents
North America to hold the largest share of the
security screening market during the forecast
period North America is expected to be the
leading security screening market due to the
presence of various market players, such as OSI
Systems (US), Leidos (US), Aware Incorporation
(US), and Analogic Corporation (US). These
players deal in security screening products such
as X-ray scanners, metal detectors, and biometric
systems, and are working toward the development
of new products and technology enhancements. 
5
MarketsandMarkets Presents
The report profiles key players such as Smith
Detection (UK), OSI Systems (US), Leidos (US),
Thales (France), NEC (Japan), FLIR Systems (US),
Teledyne ICM (US), Bruker (US), Analogic
Corporation (US), and ADANI Systems (US). Know
more _at_ https//www.marketsandmarkets.com/Market-Re
ports/security-screening-market-264685413.html
6
MarketsandMarkets Presents
About MarketsandMarkets MarketsandMarkets
provides quantified B2B research on 30,000 high
growth niche opportunities/threats which will
impact 70 to 80 of worldwide companies
revenues. Currently servicing 7500 customers
worldwide including 80 of global Fortune 1000
companies as clients. Almost 75,000 top officers
across eight industries worldwide approach
MarketsandMarkets for their painpoints around
revenues decisions.
7
MarketsandMarkets Presents
MarketsandMarketss flagship competitive
intelligence and market research platform,
"Knowledgestore" connects over 200,000 markets
and entire value chains for deeper understanding
of the unmet insights along with market sizing
and forecasts of niche markets. ContactMr.
Aashish MehraMarketsandMarkets INC.630 Dundee
RoadSuite 430Northbrook, IL 60062USA
1-888-600-6441
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