X-Ray Security Screening Market Report: Trends, Forecast and Competitive Analysis to 2030

X-Ray Security Screening Market Report: Trends, Forecast and Competitive Analysis to 2030

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?

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