Global X-Ray Security Screening System Market

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


Report ID: SQMIG45J2148 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 91 | Figures: 76

X-Ray Security Screening System Market Insights

Global X-Ray Security Screening System Market size was valued at USD 3.3 Billion in 2022 and is poised to grow from USD 3.60 Billion in 2023 to USD 7.23 Billion by 2031, at a CAGR of 9.10% during the forecast period (2024-2031).

Market expansion can be attributed to the increasing security threats, including criminal activities, and the growing adoption of screening techniques for inspecting individuals and goods to detect weapons. Furthermore, the rise in commercial construction, especially the establishment of large shopping centers, is driving demand for advanced security screening solutions.

The X-ray security screening industry has rapidly evolved, offering easy-to-use, fast, and safe screening systems. Advancements in hardware and software have expanded the applications of X-ray security screening beyond industrial use, providing opportunities for upgrading existing installations.

However, concerns about ionizing radiation exposure and potential health risks, such as skin cancers, associated with backscatter scans may hinder market growth. Despite this, the expansion of airports and other commercial infrastructure, coupled with the persistent threat of terrorism and illegal activities due to inadequate security measures, continues to drive the X-ray security screening industry. Preventing terrorist attacks and illicit activities necessitates the use of body scanning and advanced screening technologies.

US X-Ray Security Screening System Market is poised to grow at a sustainable CAGR for the next forecast year.

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X-Ray Security Screening System Market size was valued at USD 3.3 Billion in 2022 and is poised to grow from USD 3.60 Billion in 2023 to USD 7.23 Billion by 2031, at a CAGR of 9.10% during the forecast period (2024-2031).

The market for X-ray security screening displays a competitive and dynamic environment made up of a mix of well-known market players and cutting-edge upstarts. With their wide product portfolios and well-established presences, major companies including Smiths Group plc, Rapiscan Systems (OSI Systems), and L3Harris Technologies lead the market. These businesses continually make research and development investments in order to provide cutting-edge X-ray security screening systems that satisfy the changing requirements of several industries, including aviation, transportation, and critical infrastructure protection. 'Smiths Group plc (United Kingdom)', 'Rapiscan Systems (OSI Systems) (United States)', 'L3Harris Technologies (United States)', 'Nuctech Company Limited (China)', 'Leidos Holdings, Inc. (United States)', 'Astrophysics, Inc. (United States)', 'Adani Systems Inc. (India)', 'Autoclear, LLC (United States)', 'Analogic Corporation (a subsidiary of BK Medical Holding Company, Inc.) (United States)', 'Gilardoni S.p.A. (Italy)', 'Kromek Group plc (United Kingdom)', 'Hamamatsu Photonics K.K. (Japan)', 'Gilardoni S.p.A. (Italy)', 'Vidisco Ltd. (Israel)', 'VMI Security (United States)', 'Shenzhen Security Electronic Equipment Co., Ltd. (China)', 'Todd Research Ltd. (United Kingdom)', 'OSI Systems, Inc. (United States)', 'Teledyne Technologies Incorporated (United States)', 'VJ Technologies, Inc. (United States)'

The need for sophisticated X-ray security screening systems in public places, transportation hubs, and vital infrastructure is rising in response to worries over security threats including terrorism, smuggling, and illegal immigration.

Non-Invasive Screening: The development of non-invasive, less dangerous screening technologies that address privacy and health issues, such millimeter-wave imaging for body scans, is now under process.

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.

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Global X-Ray Security Screening System Market

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