X-Ray Security Screening Systems Market size worth over $4 Bn by 2026
Published Date: November 24, 2020 Authors: Preeti Wadhwani, Saloni Gankar
X-Ray Security Screening Systems Market size is set to surpass USD 4 billion by 2026, according to a new research report by Global Market Insights, Inc.
Technological advancements that enhance x-ray security screening system functionalities will boost the industry growth. The integration of AI into these systems will propel the market expansion. The incorporation of AI in these systems will enable enhanced threat detection, automated processing, and throughput rates. AI enables more accurate, reliable, and high-speed scanning in real time. The technology assists the inspection process by reducing human involvement and significantly improving the screening experience. Leading players, such as Westminster Group PLC and Adani Systems Inc., are focusing on developing AI-based x-ray security screening systems.
The coronavirus (COVID-19) pandemic had a negative impact on the x-ray security screening systems market growth in the first half of 2020 due to large-scale restrictions imposed on travel. A sharp decline in the number of travelers resulted in low demand for x-security screening solutions from airports. The temporary closure of malls, amusement parks, and stadiums impacted the market adversely. However, with relaxations in lockdowns imposed, followed by the reopening of public places, the market demand for x-ray security screening systems will regain traction. With shopping malls functioning normally post the lockdown, there will be demand for high performance screening solutions to ensure public safety.
Services help ensure the efficient functioning of the integrated x-ray security screening system
X-ray security screening system is an integrated system of hardware and software components, high quality services that ensure smooth functioning of the system is crucial. Downtimes in software or failure in hardware in screening systems installed at railways or airports can prove to be risky for public security. This stresses the importance high-quality services to ensure minimal downtimes and system failures. Service providers facilitate remote as well as on-site technical maintenance services that facilitate seamless system functioning after deployment. The rise in the number of x-ray security screening system installations for enhancing public and asset security will fuel the demand for high-quality services.
Government organizations incorporating advanced technologies to ensure the safety of employees and confidential documents will surge the X-ray security screening systems market revenue
X-ray security screening applications in the government sector will showcase steady growth over the coming years owing to the modernizing government administrations in several developed countries that adopt advanced technologies to ensure employee, asset, and document security and privacy. In July 2020, Global Affairs Canada (GAC) signed a contract with a firm owned by the Chinese government to install x-ray scanning software systems and equipment to offer security for 170 Canadian embassies, high commissions, and consulates globally. X-ray security screening solutions are installed in government buildings to scan employees as well as visitors. As terrorists target government buildings to capture confidential documents, the implementation of sophisticated x-ray security screening systems is vital.
Browse key industry insights spread across 300 pages with 302 market data tables and 27 figures & charts from the report, “X-Ray Security Screening Systems Market Size By Component (Solution, Service), By Type (Product Screening, People Screening) By End-Use (Government, Commercial, Transportation [Airways, Railways, Roadways]), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 – 2026” in detail along with the table of contents:
Rising demand for accurate people screening solutions to detect concealed weapons or explosives
Get more details on this report - Request Free Sample PDF
The people screening solutions segment growth will be driven by the high demand for full body screening solutions that enable to detect hidden weapons, hazardous material, drugs, metals or explosives. These canners facilitate people screening without actual contact of the machine and the person. With terrorists adopting innovative ways, such as transportation of non-metallic and plastic weapons, existing people screening systems need to be updated to improve security at public places. Leaders are focusing on enhancing product portfolio to adapt to the latest security requirements.
The U.S. government is focusing on enhancing the security system
The North America x-ray security screening systems market is projected to witness around 3.5% growth rate till 2026 on account of the increasing government focus on strengthening the security system at public places. The government also stresses on ensuring that the security systems are compliant with stringent regulations to ensure the safety of the people being screened. TSA’s x-ray equipment must meet the FDA requirements to limit worker and passenger exposure to radiation. Its occupational safety and health professionals comply with specifications that meet the FDA requirements for screening equipment. The robust food processing industry in the U.S., utilizing advanced technologies for food examination, will also offer growth opportunities to the industry.
Market players focusing on signing contracts with government organizations to deploy their solutions on a large scale
Major companies are capitalizing on the growing market demand for advanced screening systems from commercial, government as well as transportation sectors. For instance, in September 2020, Westminster Group PLC signed a contract with the Palace of Westminster (Houses of Parliament) to replace the existing system with new X-ray security screening systems.
Key participants operating in the market include Astrophysics Inc., Autoclear LLC, Adani Systems Inc., Analogic Corporation, GILARDONI S.p.A., Smiths Detection Group Ltd. (SMITHS Group PLC), Vidisco Ltd., Vanderlande Industries B.V. Kapri Corp, Leidos Holdings Inc., Eurologix Security Holding Group, Minxray Inc., OSI Systems Inc., TOTALPOST MAILING LTD., and Westminster International Ltd. (WESTMINSTER GROUP PLC).
Explore More on Related Topics: