PUBLISHER: Lucintel | PRODUCT CODE: 1456097
PUBLISHER: Lucintel | PRODUCT CODE: 1456097
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 $6.4 billion by 2030 with a CAGR of 9.3% from 2024 to 2030. The major drivers for this market are rapid expansion of air travel, escalating cross-border illicit goods smuggling, and rising incidents of terrorist attacks.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
X-Ray Security Screening by Segment
The study includes a forecast for the global x-ray security screening by application, end use, and region.
List of X-Ray Security Screening Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies x-ray security screening companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the x-ray security screening companies profiled in this report include-
X-Ray Security Screening Market Insights
Lucintel forecasts that product screening will remain the larger segment over the forecast period due to its rising usage in airports to avoid risk of criminal activities such as drug trafficking.
Within this market, government will remain the largest segment due to extensive use of security screenings by law enforcement and government organizations to enhance security.
North America will remain the largest region over the forecast period due to growing public expenditures towards enhancing the infrastructure of public safety and security to counter threats like illegal immigration and terrorism in the region.
Features of the Global X-Ray Security Screening Market
Market Size Estimates: X-ray security screening market size estimation in terms of value ($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:
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.