Security Screening Market by Technology (Imaging Technologies, Non-imaging Electromagnetic Technologies, Passenger-Profiling System), Application (Baggage & Cargo Screening, People Screening, Vehicle Inspection), End-Use - Global Forecast 2024-2030

Security Screening Market by Technology (Imaging Technologies, Non-imaging Electromagnetic Technologies, Passenger-Profiling System), Application (Baggage & Cargo Screening, People Screening, Vehicle Inspection), End-Use - Global Forecast 2024-2030

The Security Screening Market size was estimated at USD 9.91 billion in 2023 and expected to reach USD 10.58 billion in 2024, at a CAGR 6.88% to reach USD 15.81 billion by 2030.

The security screening encompasses all technologies and services designed to detect and prevent prohibited items, unauthorized entry, and threats within public areas and private premises. This includes metal detectors, X-ray screening systems, explosive trace detectors, and biometric systems applied across various end-use sectors such as airports, border checkpoints, government buildings, and private sectors to ensure safety and security. In the dynamic field of security screening, market growth is significantly driven by the escalating need for enhanced security protocols across various sectors, including aviation, transportation, critical infrastructure, large public events, rising global threats, and terrorism concerns, mandating stringent security measures. Technological advancements are pivotal in this sector's expansion, introducing innovative solutions such as biometric screening, AI-based surveillance, and advanced X-ray imaging technologies. These advancements offer enhanced detection capabilities and operational efficiencies, fostering market growth. However, implementing these sophisticated technologies presents several challenges. High installation and maintenance costs can be prohibitive for some stakeholders, while privacy and data protection concerns pose regulatory and acceptance hurdles. Nevertheless, the ongoing development of AI and machine learning algorithms offers prospects for more accurate threat detection and reduced false positives, significantly enhancing the overall efficacy and passenger experience in venues requiring security screening. Additionally, integrating IoT devices with security systems opens new avenues for remote and real-time monitoring, further driving the market's growth potential.

Regional Insights

The Americas, with a stringent focus on aviation and border security, heavily invests in the deployment of advanced screening technologies such as full-body scanners and biometric identification systems. Companies within this region, particularly in the US and Canada, are at the forefront of innovation and production, benefiting from substantial governmental and private sector investments in security infrastructure. In contrast, the APAC region, characterized by its rapid urbanization and infrastructure development, demonstrates a burgeoning demand for security screening technologies in public spaces, transport hubs, and, increasingly in, corporate environments. Production in APAC is driven by local manufacturers and international companies seeking to capitalize on lower production costs and a growing consumer base. The EMEA region presents a highly diversified landscape, with security requirements shaped by various socio-political dynamics and regulatory frameworks. European countries emphasize stringent standards and integration of security systems within public safety networks, while the Middle East is notable for its rapid adoption of advanced technologies for event security and infrastructure protection. African markets, though still emerging, show potential for growth in essential screening technologies, driven by rising security concerns and international investments.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Security Screening Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

• Increasing international and domestic security concerns across the countries
• Introduction of automation in security screening with an increase in the need for large-scale surveillance at public gatherings
• Government initiatives to secure airports and demand for automatic explosive detection equipment

Market Restraints

• High installation and maintenance costs of security screening systems

Market Opportunities

• Integration of advanced technologies in security cameras and smart security solutions
• Evolution of full body scanners and emerging trend of 3D scanners

Market Challenges

• Significant privacy and ethical issues due to enhanced screening technologies

Market Segmentation Analysis

• Technology: Increasing utilization of active millimeter-wave imaging offering detection of concealed weapons or contraband
• Application: Rising usage of security screening for vehicle inspection

Market Disruption Analysis

• Porter’s Five Forces Analysis
• Value Chain & Critical Path Analysis
• Pricing Analysis
• Technology Analysis
• Patent Analysis
• Trade Analysis
• Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Security Screening Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Security Screening Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Advanced X-ray screening helps protect NFL Superbowl

Smiths Detection supplied its high-energy X-ray screening systems to help secure the NFL Super Bowl attended by over 61,000 people at Allegiant Stadium in Las Vegas, Nevada. The company supplied three HCVM cargo screening systems, loaned from U.S. Customs and Border Protection at the Port of Long Beach, California, to meticulously screen all incoming goods in the week leading up to the event.

Canadian Air Transport Security Authority Announces New Airport Screening Services Contracts Français

The Canadian Air Transport Security Authority (CATSA) concluded its extensive 10-month competitive selection process, revealing the preferred contractors for airport security screening services across Canada. Paladin Airport Security Services Ltd. has been awarded contracts for both the Pacific and Prairies regions, while GardaWorld Security Screening Inc. aims to oversee services in the Central and Eastern regions over an initial five-year term. These contracts possess the option for two subsequent five-year extensions at CATSA's discretion. Throughout this transition and beyond, CATSA, alongside its partners, pledges unwavering dedication to maintaining the highest standards of security screening services, emphasizing their commitment to service excellence.

Smiths Detection Launches Advanced Scan Machines in India After BCAS Mandate

Smiths Detection unveiled its next-generation scanning technology in India, aimed at bolstering security measures in the aviation sector in response to the Bureau of Civil Aviation Security's (BCAS) directive. This sophisticated line of scanning equipment, designed with advanced detection capabilities, is set to significantly enhance the efficiency and effectiveness of security protocols at airports across the nation.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Security Screening Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Security Screening Market, highlighting leading vendors and their innovative profiles. These include 3DX-RAY, Airport Aviation Security AG, Astrophysics Inc., Aware, Inc., BEUMER Group GmbH & Co. KG, Costruzioni Elettroniche Industriali Automatismi S.p.A., Das Electronics Work Private Limited, Evolv Technologies, Inc., Garrett Electronics Inc., Gilardoni S.p.A., International Secure Environments Pty Limited, Leidos, Inc., Micro-X Ltd., NEC Corporation, Nuctech Netherlands B.V., OSI Systems, Inc., Rapiscan Systems, Inc., Rohde & Schwarz GmbH & Co. KG, RTX Corporation, Seico, Inc., Shenzhen Baotairan Technology Group Co., Ltd., Shenzhen Chuangyilong Electronic Technology Co., Ltd., Shenzhen Zoan Gaoke Electronics Co.,Ltd., Smiths Group PLC, Teledyne Technologies Incorporated, Thales Group, Vanderlande Industries BV, Vehant Technologies, and Zhejiang Dahua Technology Co., Ltd..

Market Segmentation & Coverage

This research report categorizes the Security Screening Market to forecast the revenues and analyze trends in each of the following sub-markets:

Technology

Imaging Technologies

Active Milimeter-Wave Imaging

Active X-ray Imaging

Passive Milimeter-Wave Imaging

Non-imaging Electromagnetic Technologies

Passenger-Profiling System

Trace-Detection Technologies

Boarding Card Scanner

Canine Screening

Hand-Wand Device

Potal Screening

Application

• Baggage & Cargo Screening
• People Screening
• Vehicle Inspection
• End-Use
• Colleges & Universities
• Commercial Buildings
• Government Buildings & Institutions
• Hotels & Resorts
• Retail Stores & Malls
• Stadiums & Grounds
• Transportation Sector

Region

• Americas
• Argentina
• Brazil
• Canada
• Mexico
• United States
• California
• Florida
• Illinois
• New York
• Ohio
• Pennsylvania
• Texas
• Asia-Pacific
• Australia
• China
• India
• Indonesia
• Japan
• Malaysia
• Philippines
• Singapore
• South Korea
• Taiwan
• Thailand
• Vietnam
• Europe, Middle East & Africa
• Denmark
• Egypt
• Finland
• France
• Germany
• Israel
• Italy
• Netherlands
• Nigeria
• Norway
• Poland
• Qatar
• Russia
• Saudi Arabia
• South Africa
• Spain
• Sweden
• Switzerland
• Turkey
• United Arab Emirates
• United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year