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X-Ray Security Screening System Market Size

Report ID: GMI505
Published Date: Dec 2022
Report Format: PDF

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X-Ray Security Screening System Market Size

X-Ray Security Screening System Market size was worth more than USD 3 billion in 2022 and is projected to witness over 5% CAGR from 2023-2032. Surge in the number of large shopping complexes will accelerate industry growth.

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Rising commercial construction activities, particularly the establishment of large shopping centers will propel the demand for sophisticated x-ray security screening systems. These devices enable faster and more accurate scanning of people as well as products such as bags, and luggage. Rapidly modernizing infrastructure and public needs have led to a substantial rise in the number of mega malls, and hypermarkets in recent years. As a result, advanced security screening systems are swiftly replacing aging inspection techniques as they are extremely time-consuming and prone to errors. The ability of scanners to effectively detect hazardous materials and weapons in hidden compartments of bags is accelerating the deployment of these technologies in public spaces.

X-Ray Security Screening System Market Report Attributes
Report Attribute	Details
Base Year:	2022
X-Ray Security Screening System Market Size in 2022:	USD 3 billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	5%
2032 Value Projection:	USD 6 billion
Historical Data for:	2018 to 2022
No. of Pages:	290
Tables, Charts & Figures:	331
Segments covered:	Component, Type, Application, Region
Growth Drivers:	Increasing terrorist and other related attacks on prominent public infrastructure High security risks associated with terrorist attacks in the U.S. Emergence of stringent security measures in Europe Growing investments in Asia Pacific to develop airport infrastructure Rising security & safety concerns at border crossing points in Latin America and MEA
Pitfalls & Challenges:	High cost of the systems Unavailability of reliable supporting infrastructure

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Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

The global market size for X-ray security screening system was worth more than USD 3 billion in 2022 and is projected to witness over 5% CAGR from 2023-2032.

X-ray security screening system industry valuation from people screening devices is estimated to reach over USD 3 billion by 2032 due to rising number of terrorist attacks.

Asia Pacific x-ray security screening system is projected to expand at over 5% CAGR from 2023-2032 driven by rapid industrialization.

Analogic Corporation, Astrophysics Inc., Gilardoni S.p.A., OSI Systems, Inc., Scanna MSC Ltd., and VJ Group, Inc. are some of the key companies in the X-ray security screening system industry.