X-Ray Security Screening Systems Market Size worth $3bn by 2024

X-Ray Security Screening Systems Market size is set to exceed USD 3 billion by 2024; according to a new research report by Global Market Insights, Inc.
 

The market growth will be driven by increasing adoption at the border crossing points to ensure safety and security. Persisting risk of terrorist attacks has encouraged the investment form the aviation sector. The systems are increasingly being implemented in the airports to prevent the harm to passengers, aircrafts, & crew and enhance national security, thus propelling the x-ray security screening systems market demand.

 

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Growing threats of drug trafficking, illegal arms trade, and illegal immigration has increased the governments of various countries to use these scanning systems at public places including hotels, government sites, transport hubs, and museums & concerts.
 

China x-ray security screening system market by end-use

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Possibilities of skin tissue damage due to ionization effect of the rays is expected to challenge the market growth. Growing stringency of regulations put forth by the U.S. Department of Health and Human Services (HHS) and the U.S. Food and Drug Administration (FDA) discouraging the use of high-frequency systems is expected to hamper the market value. However, the growing usage of backscatter x-ray systems, that reduce the health hazards in people scanning applications is expected to gain popularity.
 

The trend of automation of detection process is becoming highly popular in the industry. Resource constraints such as limited staff for operating the equipment and budget are expected to hamper the growth in the long term. The companies are investing in R&D to increase the efficiency of these systems and generate more scans in a given timeframe.
 

Browse key industry insights spread across 140 pages with 118 market data tables & 32 figures & charts from the report, “X-Ray Security Screening Systems Market Size By End-Use (Government, Commercial, Transit Industry), By Application (Product Screening, People Screening), Industry Analysis Report, Regional Outlook (U.S., Mexico, Canada, UK, France, Germany, Italy, Russia, India, Japan, China, South Korea, Australia, Brazil, Argentina, Chile, Saudi Arabia, UAE, South Africa), Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/x-ray-security-screening-system-market-report
 

Growing need to scan the cargos at the border checkpoints is driving the demand from transit industry, thus propelling the market in the forecast timespan. Companies in the industry offer a portfolio of configurable high-energy radiation scanning systems to keep the trade flowing smoothly. Technologies such as advanced cargo imaging and detection are developed that provides dynamic range and superior penetration views.
 

Asia Pacific is expected to grow at a fast pace in the industry owing to growing number of passengers travelling through airways. Growing trade across the borders, particularly in developing countries including India and China is driving the adoption of these systems. Astrophysics, in partnership with the local supplier, will supply this equipment for the 2018 Winter Olympics and Paralympics in South Korea later this year, thus impacting the market size positively.
 

Growing instances of terrorist attacks in Europe in the past few years and growing threat from terrorist organizations such as ISIS is expected to drive the regional market growth. The November 2015 Paris attacks on multiple locations including music venues, restaurants & bars, and sports stadium compelled the government of France to implement the scanning equipment in all the public places, thereby impacting the industry positively.
 

Some of the major players in x-ray security screening systems market include OSI Systems (Rapiscan), Morpho Detection, Smith Detection, Analogic Corporation, L3 Security & Detection Systems, Analogic Corporation, Adani Group, Astrophysics, Inc., and American Science and Engineering.
 

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