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X-ray security screening system market size from solution segment is anticipated to exhibit over 4% CAGR between 2023-2032. Over the last decade, screening authorities have accelerated the demand for high-performance solutions capable of identifying hazardous substances and objects to mitigate potential threats. Technological advancements have introduced full-body screening solutions designed for public venues that are often exposed to security threats and terrorist activities. Meanwhile, X-ray screening solutions are also gaining momentum across applications such as the scanning of cargo, and shipping containers. A surge in e-commerce freight activities is propelling the use of X-ray scanners to differentiate non-threat objects from prohibited objects.
In terms of revenue share, people screening devices are estimated to reach over USD 3 billion by 2032. A dramatic growth in the number of terrorist attacks has accelerated the need for accurate security scanners and detection devices. High rate of sophisticated crimes is compelling nations to deploy advanced screening systems to detect and prevent terrorist attacks. Airports are increasingly deploying body scanners to trace prohibited items on the traveler including weapons, drugs, and chemicals.
X-ray security screening systems market valuation from transportation applications is projected to surpass USD 3 billion by 2032. Airports, railway stations, metro stations, and bus stations remain the key target areas for terrorists as they are largely crowded spaces. Various developing, and underdeveloped regions lack a robust security infrastructure in metro stations, which increases the risk of terrorist activities. favorable government regulations and significant investments in public security are further accelerating the use of X-ray screening in transportation.
Asia Pacific x-ray security screening system market is projected to expand at over 5% CAGR from 2023-2032. A surge in the development of novel large-scale commercial projects and significant investments in infrastructure development makes APAC a perfect hotspot for X-ray security screening system providers. In recent years, the retail sector across India, and China has experienced sizeable growth with the rapid rise in the construction of mega complexes, and shopping centers. As a result, the need for X-ray security screening devices is high among APAC countries to ensure the safety of the constantly escalating population.