The global security screening market is anticipated to grow at a considerable CAGR of 9.1% during the forecast period. The market has been growing owing to the several factors behind it. Some of the top driving factors are:
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1. Growing infrastructure: One of the major factors is increasing infrastructure in prominent areas such as airports, retail stores, educational institutes, banks, seaports, railway stations, and others.
2. Applications of Biometric technology: Biometric technology has been growing in demand owing to its highly usable applications such as fingerprint verification and face recognition for identification. This has helped in the verification of authorized entries, and to identify the criminals via existing information in the government records.
3. Increase in illegal activities and fraud: the illegal activities, and fraud such as illegal immigration, smuggling, and fraud activities have intensified the need for safety and security which has boosted the global security screening market.
4. Rising security of government buildings: the use of security screening by governments, politicians, and law enforcement agencies has been increased to advance security which is also contributing to the growth of the global security screening market.
5. Technological advancement in security screening: With rising new technologies such as alarm systems for detecting illegal things, 3D scanning for deep checking, fast biometric technology, and others in security screening have increased the growth of devices. Ease of handling and installation is one of the major advancements.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Technology
o By Application
o By End-User
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- including 3DX-RAY, Analogic Corp., L3Harris Technologies, Inc., OSI Systems, Inc., Smiths Detection Group Ltd., and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Security Screening Market Report Segment
By Technology
By Application
By End-User
Global Security Screening Market Report Segment by Region
North America
• US
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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