Feb 02, 2022/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the X-Ray Security Scanner Market.

It was estimated prior to this unanticipated outbreak that the X-Ray Security Scanner Market is likely to witness a CAGR of 7.1% during the forecast period. The prime factors that are driving the X-ray security scanner market are increasing global trades and evolving security threats across industries.

X-Ray security scanners are equipment used to ensure safety of passengers, assets, and facilities. The market is segmented based on application type into product and people. Based on end-use industry type into commercial, law enforcement, aviation and transportation, and others.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

By Application Type

Based on the application type, the market is segmented as product and people. The product segment dominated the market in 2020 and is expected to maintain its position during the forecast period. Law enforcement agencies use X-ray scanner for the detection of weapons, explosives, and narcotics in public places.

By End-User Industry Type

Based on the end-user industry type, the X-Ray security scanner market is segmented as commercial, law enforcement, aviation and transportation, and others. The aviation and transportation segment holds the largest share of the market and is also expected to witness a healthy growth during the forecast period. Rapid spread of Covid-19 has severely affected the aviation and transportation industry and thus, has led to negative growth of the segment in 2020.

By Region

In terms of regions, North America is estimated to be the largest market for X-ray security scanner during the forecast period. Huge investment towards aviation and transportation industry along with well-established security system in the USA is the prime factor behind the dominance of the North American market. Asia-Pacific is expected to witness the highest growth during the forecast period owing to increasing disposable income of consumers, rising RPK, and ongoing investment towards building infrastructure for aviation and transportation industry. Europe is also likely to witness significant growth during the forecast period.

Key Players:

Key players operating in the global X-Ray Security Scanner market are-

  • Aventura Technologies Inc.
  • L3 Security and Detection Systems Inc.
  • Smiths Detection Inc.
  • Westminster International Limited
  • Astrophysics Inc.
  • Rapiscan Systems Inc. (OSI Systems)
  • Autoclear LLC
  • Adani Systems.

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The X-Ray Security Scanner analysis report discusses the following heads in great detail:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • COVID-19 Impact Assessment
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Market trend and forecast analysis
  • Market segment trend and forecast
  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends
  • Strategic growth opportunities for the existing and new players
  • Key success factors 

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