Security screening market size was US$ 7.31 Bn in 2021 and is expected to reach US$ 10.89 Bn by 2029, at a CAGR of 5.10% during the forecast period.
Security Screening Market Overview
The Security Screening Market Report 2020-2029 (Forecast Period) examines market growth determinants, regional-level analysis, Security Screening market distributors, and competitive landscape analysis of major industry players. Every sector of the worldwide Security Screening Market is thoroughly explored in the research report. The segment study reveals critical opportunities in the Security Screening industry through leading segments. The Security Screening market regional research aids readers in acquiring a full grasp of the recent and future developments of the various geographic marketplaces.
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Security Screening Market Scope
The report on Security Screening Market offers a thorough analysis of the industry that is equipped with a major key finding that includes major market drivers, opportunities, challenges, regional outlook, and growth rate. The report acts as a guide for investors as well as stakeholders in the Security Screening industry. The report provides the size of the Security Screening Market and the Compound Annual Growth Rate for the forecast period (2022 to 2029).
The bottom-up approach is used for the estimation of several market sectors. Regional analysis of the Security Screening Market is conducted at the local, regional, and global levels.
Security Screening Market Segmentation:
In 2021, the market was dominated by the airport application. The past few years have seen significant growth in the global aviation industry. The increase in travellers, the expansion of travel and tourism, and the quick uptake of cutting-edge security screening technologies at numerous international and domestic airports are all factors contributing to the market's expansion. One of the most important industries for job creation and economic growth worldwide is travel and tourism. The MMR study estimates that in 2021, the travel and tourism industry will contribute US$8.8 trillion to the global economy, or 10.4% of GDP.
In order to comply with the new COVID-19 sanitary guidelines, standard security screening techniques are also expected to see rapid technological advancements during the forecast period.
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Key Players :
• American Science and Engineering, Inc
• Analogic Corporation
• Argus Global Pty Ltd
• Aware Incorporation
• Digital Barriers plc
• Implant Sciences Corporation
• Magal Security Systems Ltd
• OSI Systems, Incorporation
• Safran SA
• Smiths Group plc
• L3 security and detection system
• 3DX-ray Ltd
• Astrophysics, Inc
• Kromek Group plc
• Housys
• Leidos
• Thales Group
Regional Analysis
The report on the Security Screening Market's growth provides a detailed regional analysis. It analysis the most significant regional divides, such as North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa, has global influence. To keep ahead of the competition, Security Screening market research gains a better perspective and understanding of the market and target audience.
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Key Questions answered in the Security Screening Market Report are:
Key offerings:
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Mar 13, 2023