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Global Security Screening Markets Report 2021: Focus on People Screening, Baggage and Cargo Screening, Vehicle Inspection - ResearchAndMarkets.com

September 14, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Sep 14, 2021--

The “Global Security Screening Market” report has been added to ResearchAndMarkets.com’s offering.

Strict security regulations across aviation security market, growing terrorist activities, and the rise in drug, weapon, and human trafficking are driving the sophistication of security screening.

The North America is the largest market for security screening in terms of revenue. Due to the increase in adoption of security screening systems for security checks, especially in public places. Further, APAC is expected to witness the high installation of security systems to address constant terrorist threats.

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Market Drivers

The growing terrorist attack and the increase in need for preventing unethical and unlawful acts is a major key driving factor which expected to boost the global security screening market growth over the forecast period. For instance, as per the Global Terrorism Database documents, in 2018, there were around 9,600 terrorist attacks across the globe, which killed around 22,980 people, including approximately 7,290 perpetrators and 15,690 victims.

Easy availability of integrated screening systems due to continuous technological advancements has enabled vendors to integrate traditional screening and scanning products, thereby propelling the global security screening market growth. Furthermore, favorable government policies supporting screening devices installations to ensure public safety is expected to accelerate the market growth. Moreover, the increase in security concerns in aviation & increased demand for large scale security surveillance at public gatherings are expected to fuel the global security screening market growth throughout the forecast period.

Market Restraints

High installation costs, high risk of negative publicity of defense, and growing privacy concerns are major restraining factors which are expected to hamper the growth of global security screening market during this forecast period. Also, competitive pressure on manufacturers and strong health effects of full body scanning may hinder the growth of global security screening market.

Key Players

The major players in the security screening market are Smiths Detection Inc, OSI Systems Inc., Gilardoni SpA, CEIA SpA, Astrophysics Inc., Nuctech Company, Analogic Corporation, Teledyne ICm, 3DX-Ray Ltd, L-3 Communications Security and Detection Systems Inc., etc.

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These companies have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations, to enhance their market penetration.

Market Taxonomy

By Technology

  • X-Ray Screening
  • Electromagnetic Metal Detection
  • Biometric
  • Spectrometry and Spectroscopy
  • Others

By Application

  • People Screening
  • Baggage and Cargo Screening
  • Vehicle Inspection

By End Use

  • Transportation
  • Retail Stores and Malls
  • Hospitality
  • Government
  • Commercial
  • Industrial
  • Educational Institutes
  • Events & Sports

For more information about this report visit https://www.researchandmarkets.com/r/14492l

View source version on businesswire.com:https://www.businesswire.com/news/home/20210914005899/en/

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KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY SECURITY

SOURCE: Research and Markets

Copyright Business Wire 2021.

PUB: 09/14/2021 12:04 PM/DISC: 09/14/2021 12:04 PM

http://www.businesswire.com/news/home/20210914005899/en