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X-Ray Security Screening Market By Application (Product/Luggage Screening, Human Screening, Vehicle Screening), By End-Use (Government, Transportation, Commercial) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2023

Report Scope

This report analyzes the global X-ray security screening market in terms of application, end-use, and geography. Based on application, the global X-ray security screening market is segregated into product screening, human screening, and vehicle screening. Similarly, on the basis of end-use, the global market for X-ray security screening is classified into government, transportation, and commercial. The transportation segment is further categorized into three major categories, namely- airway, waterway, and railroad way. The geographical distribution of the global X-ray security screening market considered in this study encompasses regional markets such as North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

 X-Ray Security Screening Market

Overview:

Security concerns in view of growing terrorist threats and illegal activities such as drug trafficking and illegal arms shipping is identified as the major factor driving demand for X-ray security screening systems. Conformity with government regulations and security measures enacted to improve security infrastructure are further expected to support market demand. In addition, ever evolving technology means that the market would also be benefited from the replacement of obsolete X-ray screening systems. These factors are expected to contribute towards a growth of 6.5% CAGR during the forecast period 2016 – 2023. Issues including high upfront cost and privacy intrusion are expected to pose moderate challenge to the market growth, especially during the first half of the forecast period.

X-Ray Security Screening Market

1.1    Report Description

Purpose of the Report

The purpose of this strategic research study titled “X-ray Security Screening Market - Growth, Share, Opportunities, and Competitive Analysis, 2016 – 2023” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the X-ray security screening market.

1.1.1   Target Audience

  • Industry Investors
  • X-ray security screening system manufacturers
  • Other security system manufacturers
  • Government Agencies
  • Other End-users

1.1.2   USP and Key Offerings

The report titled “Global X-ray Security Screening Market - Growth, Share, Opportunities, and Competitive Analysis, 2016 – 2023” offers strategic insights into the global X-ray security screening market along with the market size and estimates for the duration 2014 to 2023. The said research study covers in-depth analysis of multiple market segments based on application, end-use, and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the key industry participants, their SCOT (Strength, Challenges, Opportunities, and Weaknesses) analysis, market positioning, and recent developments. Other in-depth analysis provided in the report includes:

  • An overview of the global X-ray security screening market
  • Current and future market trends to justify the forthcoming attractive sub-markets within the digital X-ray security screening market
  • Qualitative assessment tools such as market drivers, challenges and future prospects, value chain, and attractive investment proposition.
  • Focus on each level of market segmentation based on product approvals, launch, and current and anticipated market dynamics.
  • A general overview of the industry structure
  • Company profiles highlighting key information about the major players operating in the global X-ray security screening market
  • Market competition scrutiny tools such as market share analysis, fractal map, etc.
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global X-ray security screening market, offering market size and estimates for the period from 2014 to 2023, keeping in mind the above mentioned factors.

On the basis of end-use application, the X-ray security screening market is categorized into following segments:

  • Government
  • Transportation
    • Airways
    • Waterways
    • Railroad ways
  • Commercial

The following figure represents the comparison between different end-use segments with respect to their respective growth rate and penetration rate in the global X-ray security screening market in 2015.

 X-Ray Security Screening Market

As of 2015, the government segment led the global X-ray security screening market closely followed by the transportation segment. The segment accounted for around 43% of the global market revenue in the same year. Over the forecast period 2016 – 2023, the segment is estimated to witness steady growth on account of regulated demand from homeland security applications.  On the other hand, transportation segment is expected to register maximum growth during the forecast period. In view of growing terrorist activities, illegal arms shipping, drug trafficking and immigration through different modes of transportation, the use of X-ray security screening systems for both product and human screening in transit applications is expected to grow considerably.

On the basis of geography, the global X-ray security screening market is segmented into following regions and countries.

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Russia
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Rest of Asia Pacific
  • Rest of the World
    • Latin America
    • Middle East
    • Africa

The contribution of these regions (North America, Europe, Asia Pacific, and RoW) to the global X-ray security screening market in 2015 is as shown in the figure below

 X-Ray Security Screening Market

In base year 2015, North America (comprising U.S. and Canada) was the largest X-ray security screening market worldwide followed by Europe and Asia Pacific respectively. North America alone accounted for over 35% of the total market revenue worldwide in the same year. The trend is expected to continue and the region is expected to retain its dominating position through 2023. The U.S. represents the largest individual X-ray security screening market worldwide.  The X-ray security screening market in the U.S. is primarily shaped by rigorous security measures and regulations adopted by the government. The region is also expected to be benefited by the replacement of outdated X-ray security systems. On the other hand, Asia Pacific is expected to witness healthy growth on account of improving security infrastructure and consequent demand for X-ray security systems.

Choose License Type
Budget Buying
Executive Summary - Brief Global Market Size - Current & Forecast
Regional Market Size - North America
Country Market Size - US
Company Profile – 1
Trusted By
Godaddy
Published Date:  Jul 2016
Category:  Medical Devices
Report ID:   58025
Report Format:   PDF
Pages:   120
Rating:    4.2 (50)
Delivery Time: 24 Hours to 48 Hours   
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