Security Screening Market

Security Screening Market Size, Share, Growth Analysis, By End Use(Government Buildings, Airports, Educational Institutes, Public Places), By REGION(North America, U.S., Canada, Mexico) - Industry Forecast 2024-2031


Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Security Screening Market Insights

Market Overview:

The global increase in terrorist attacks and illegal immigration, public gatherings fueling the need for security enhancement solutions, and an increase in demand for biometrics solutions in the private sector are some of the major drivers driving the global expansion of the security screening market. Internet access, for example, has permitted real-time surveillance of remote and vital areas with increased accuracy. Increased cross-border terrorism and smuggling have led to an increase in the deployment of intrusion detection systems around the world. The key players competing in the market are Smith Detection (UK), OSI Systems (US), Leidos (US), Thales (France), and NEC (Japan).

Security Screening Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
ForecastGrowthRate
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Marine by segment aggregation, the contribution of the Marine in Transportation and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Security Screening was estimated to be valued at US$ XX Mn in 2021.

The Security Screening Market is estimated to grow at a CAGR of XX% by 2028.

The Security Screening Market is segmented on the basis of End Use, REGION.

Based on region, the Security Screening Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Security Screening Market are SMITHS GROUP PLC., L-3 COMMUNICATION HOLDINGS., OSI SYSTEMS INC, HONEYWELL INTERNATIONAL INC, LOCKHEED MARTIN CORPORATION, RAYTHEON COMPANY, SECURITY ELECTRONIC EQUIPMENT CO., LIMITED, UNITED TECHNOLOGIES CORPORATION, SAFRAN S.A, ARGUS GLOBAL PTY LTD, GLOBAL SECURITY SCREENING MARKET SEGMENTATION.

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Security Screening Market

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