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X-Ray Security Screening Trends and Forecast
The future of the global x-ray security screening market looks promising with opportunities in the transit, commercial, and government markets. The global x-ray security screening market is expected to reach an estimated $6.4 billion by 2030 with a CAGR of 9.3% from 2024 to 2030. The major drivers for this market are rapid expansion of air travel, escalating cross-border illicit goods smuggling, and rising incidents of terrorist attacks.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
X-Ray Security Screening by Segment
The study includes a forecast for the global x-ray security screening by application, end use, and region.
X-Ray Security Screening Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• People Screening
• Product Screening
X-Ray Security Screening Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Transit
• Commercial
• Government
• Others
X-Ray Security Screening Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of X-Ray Security Screening Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies x-ray security screening companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the x-ray security screening companies profiled in this report include-
• Thales
• Smiths Detection
• NEC
• Teledyne FLIR
• Burker
• Analogic
• OSI Systems
• Leidos
• Aware
• Kromek
X-Ray Security Screening Market Insights
Lucintel forecasts that product screening will remain the larger segment over the forecast period due to its rising usage in airports to avoid risk of criminal activities such as drug trafficking.
Within this market, government will remain the largest segment due to extensive use of security screenings by law enforcement and government organizations to enhance security.
North America will remain the largest region over the forecast period due to growing public expenditures towards enhancing the infrastructure of public safety and security to counter threats like illegal immigration and terrorism in the region.
Features of the Global X-Ray Security Screening Market
Market Size Estimates: X-ray security screening market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: X-ray security screening market size by application, end use, and region in terms of value ($B).
Regional Analysis: X-ray security screening market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different applications, end uses, and regions for the x-ray security screening market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the x-ray security screening market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the x-ray security screening market size?
Answer: The global x-ray security screening market is expected to reach an estimated $6.4 billion by 2030.
Q2. What is the growth forecast for x-ray security screening market?
Answer: The global x-ray security screening market is expected to grow with a CAGR of 9.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the x-ray security screening market?
Answer: The major drivers for this market are rapid expansion of air travel, escalating cross-border illicit goods smuggling, and rising incidents of terrorist attacks.
Q4. What are the major segments for x-ray security screening market?
Answer: The future of the x-ray security screening market looks promising with opportunities in the transit, commercial, and government markets.
Q5. Who are the key x-ray security screening market companies?
Answer: Some of the key x-ray security screening companies are as follows:
• Thales
• Smiths Detection
• NEC
• Teledyne FLIR
• Burker
• Analogic
• OSI Systems
• Leidos
• Aware
• Kromek
Q6. Which x-ray security screening market segment will be the largest in future?
Answer: Lucintel forecasts that product screening will remain the larger segment over the forecast period due to its rising usage in airports to avoid risk of criminal activities such as drug trafficking.
Q7. In x-ray security screening market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to growing public expenditures towards enhancing the infrastructure of public safety and security to counter threats like illegal immigration and terrorism in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the x-ray security screening market by application (people screening and product screening), end use (transit, commercial, government, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to X-Ray Security Screening Market, X-Ray Security Screening Market Size, X-Ray Security Screening Market Growth, X-Ray Security Screening Market Analysis, X-Ray Security Screening Market Report, X-Ray Security Screening Market Share, X-Ray Security Screening Market Trends, X-Ray Security Screening Market Forecast, X-Ray Security Screening Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global X-Ray Security Screening Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global X-Ray Security Screening Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global X-Ray Security Screening Market by Application
3.3.1: People Screening
3.3.2: Product Screening
3.4: Global X-Ray Security Screening Market by End Use
3.4.1: Transit
3.4.2: Commercial
3.4.3: Government
3.4.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global X-Ray Security Screening Market by Region
4.2: North American X-Ray Security Screening Market
4.2.2: North American X-Ray Security Screening Market by End Use: Transit, Commercial, Government, and Others
4.3: European X-Ray Security Screening Market
4.3.1: European X-Ray Security Screening Market by Application: People Screening and Product Screening
4.3.2: European X-Ray Security Screening Market by End Use: Transit, Commercial, Government, and Others
4.4: APAC X-Ray Security Screening Market
4.4.1: APAC X-Ray Security Screening Market by Application: People Screening and Product Screening
4.4.2: APAC X-Ray Security Screening Market by End Use: Transit, Commercial, Government, and Others
4.5: ROW X-Ray Security Screening Market
4.5.1: ROW X-Ray Security Screening Market by Application: People Screening and Product Screening
4.5.2: ROW X-Ray Security Screening Market by End Use: Transit, Commercial, Government, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global X-Ray Security Screening Market by Application
6.1.2: Growth Opportunities for the Global X-Ray Security Screening Market by End Use
6.1.3: Growth Opportunities for the Global X-Ray Security Screening Market by Region
6.2: Emerging Trends in the Global X-Ray Security Screening Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global X-Ray Security Screening Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global X-Ray Security Screening Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Thales
7.2: Smiths Detection
7.3: NEC
7.4: Teledyne FLIR
7.5: Burker
7.6: Analogic
7.7: OSI Systems
7.8: Leidos
7.9: Aware
7.10: Kromek
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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