November 19, 2021
According to a research report titled ‘Global x-ray security screening systems market Size study, by End-use (Transit, Commercial, Government), by Application (People Screening, Product Screening), and Regional Forecasts 2021-2027’, available with MarketStudyReport, global x-ray security screening systems market is likely to garner lucrative returns by 2027.
Rising number of shopping malls will drive up the demand in global x-ray security screening systems market. These systems can accurately and quickly scan individuals and their items. Hypermarkets and mega shopping complexes are gaining popularity in both developed and developing economies. In November 2019, Ajman Mall, a community center in the United Arab Emirates, was transformed into a regional shopping complex with 130 international brands and a huge hypermarket.
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For the unversed, x-ray security screening equipment are commonly used in the airline industry as they can easily scan and detect an object within baggage or beneath a person's cloths. It is also used by the government, aircraft, and businesses like banks, shopping malls, institutes, and hotels.
On the downside, factors like high cost of systems, lack of reliable supporting infrastructure, Covid-19 outbreak are limiting the growth of marketplace. Moreover, carcinogenic radiation emitted using this technology may also stifle the system adoption.
On the basis of end use, worldwide x-ray security screening systems market is categorized into transit, government, commercial. While based on the application, the industry is branched into people screening, and product screening.
Coming to the regional outlook, the industry spans across North America, Europe, Asia Pacific, Latin America, and Rest of the World (ROW). As per the report, North America is leading the industry forecast at present, due to increased demand for luggage & people scanning solutions from the transportation sector. Whereas, Europe market is expected to develop at a fast rate between 2021 and 2027, due to increasing demand for advanced security systems from transportation terminals across the region.
The key players in global x-ray security screening systems marketplace are Astrophysics Inc., OSI Systems Inc., Leidos Holdings Inc., Analogic Corporation, YXLON International GmbH, American Science and Engineering Inc., Vanderlande Industries B.V., Nuctech Company Ltd., and Vidisco Ltd.