X-Ray Security Screening System Market Size, Share, Growth Analysis, By Component(Solution, Service), By Type(Product screening, People screening), By Application(Government, Commercial) - Industry Forecast 2024-2031

North America held a commanding 32.7% revenue share in 2022, dominating the world market for X-ray security screening. This market strength is ascribed to substantial government expenditures made to improve infrastructure for public safety and security, particularly in reaction to threats like terrorism and illegal immigration. Unaffected by the method of transportation, all containers entering the United States are thoroughly scanned by U.S. Customs and Border Protection. This thorough examination goes beyond radiation detection to classify around 5% of containers as "high risk," in which case X-ray or gamma-ray imaging technologies are used to examine them. Throughout the projection period, these elements are expected to fuel demand for X-ray security screening systems in the area.

With a fantastic CAGR of 9.6% predicted for the projection period, the Asia Pacific region is anticipated to become the region with the quickest growth. The spike in innovative large-scale commercial developments, the expansion of airport infrastructure, and significant expenditures in other public infrastructure development programs are credited with this fast growth. For example, the Bureau of Civil Aviation Security (BACS) published technical standards for Indian airports in December 2022, allowing the installation of technology that examines luggage without forcing people to take their personal devices out. Security organizations might do away with the requirement that electronic devices be removed by utilizing technologies like computed tomography and neutron beam technology. The expansion of the local X-ray security screening market is predicted to be further fueled by these developments over the forecast period.