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Market Analysis and Insights: Global Security Screening Market

Security screening market is expected to reach USD 11.81 billion by 2027 witnessing market growth at a rate of 6.90% in the forecast period of 2020 to 2027. Data Bridge Market Research report on security screening market provides analysis and insights regarding the factor such as surging terrorist activities will lead to increasing demand of the security screening market.

Security screening is a type of system which is used in recognising threats to safeguard people, government or public events against any threats such as trafficking of people, terrorism and any other unlawful activity. With the provision of different security screening gadgets such as trace detectors, body X-ray scanner, biometric system, explosive trace detector and others will help in protecting the life of the people.

Increasing need to manage the large scale surveillance at public events, increasing demand of security screening in aviation industry, rising adoption of biometrics in private and public companies, increasing government initiatives regarding the usage of screening products are some of the factors that will enhance the growth of the security screening market in the forecast period of 2020-2027. On the other hand, introduction of multimodal biometric technology and reduction and saving of time in scanning will further create new and ample opportunities for the growth of security screening market in the above mentioned forecast period.

Increasing cost of installation and privacy interruption are acting as market restraints for security screening in the above mentioned forecasted period.

This security screening market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on security screening market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Security Screening Market Scope and Market Size

Security screening market is segmented on the basis of product and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

• Security screening market on the basis of product has been segmented as X-ray screening systems, explosive trace detectors (ETD), electromagnetic metal detectors, shoe scanners, liquid scanners and biometric systems. X-ray screening systems have been further segmented into body scanner, baggage scanner, handheld scanner and cabinet X-ray system. Electromagnetic metal detector has been further segmented into handheld metal detector and walk-through metal detector. Biometric systems have been further segmented into face recognition system, voice recognition system, retina recognition system, IRIS recognition system and fingerprint recognition system.
• Security screening has also been segmented on the basis of application into airport, government applications, border check point, educational institutes, private sector, public places and others.

Security Screening Market Country Level Analysis

Security screening market is analysed and market size, volume information is provided by country, product and application as referenced above.

The countries covered in the security screening market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

North America will dominate the security screening market due to increasing government regulations regarding the usage of screening devices in public places while Asia-Pacific is expected to grow in the forecast period of 2020-2027 because of rising need to install security systems to address terrorist threats.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Security Screening Market Share Analysis

Security screening market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to security screening market.

The major players covered in the security screening market report are American Science and Engineering, Inc., Analogic Corporation, Argus TrueID, Aware, Inc., Digital Barriers, L3Harris Security & Detection Systems, Magal Security Systems Ltd., OSI Systems, Inc., Safran, Smiths Group plc, 3DX-RAY, Teledyne Technologies Incorporated, NUCTECH COMPANY LIMITED, Astrophysics Inc, C.E.I.A. SpA, Gilardoni S.p.A., Anviz Global Inc., Iris ID, Inc., LAXTON GROUP, Aratek, NEC Corporation, Cognitec Systems GmbH among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.