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Global Security Screening Market Growth (2022- 2027):  is expected to reach US$ 13.64 Bn in 2027, registering a CAGR of 7.3% during the forecast period 2019-2027. and in-depth analysis of key business trends and future market development prospects, key drivers and restraints, profiles of major, market barriers, opportunities, and challenges. Analog-to-Digital Converter market and after carrying out thorough research of historical as well as current growth parameters, business expectations for growth are obtained with utmost precision. The global air travel industry is growing at a rapid pace. The factors such as high living standards coupled with rising middle class population particularly, in emerging markets has resulted in the increased growth. The global economic conditions as well as lower airfares are the major reason contributing to the growth

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List Of TOP KEY PLAYERS in Security Screening Market Report are –The major players operating in the market for security screening market are Aware, Inc., Anviz Global, Analogic Corporation, Iris ID, Inc., L3 Security & Detection Systems, Magal Security Systems Ltd, Nuctech Company Limited, OSI Systems, Inc., Smiths Detection Inc., and Teledyne ICM (Teledyne Technologies Incorporated) among others.

Synopsis Of Security Screening Market :

progress in consumer spending related to tourism and travel in key economies has strengthened the demand for air travel. Owing to increasing air passenger traffic, there is a need to expand existing airport capacity and construction of new airport infrastructure worldwide. Pertaining to these developments, the demand for security screening equipment such as cargo handling, baggage and security processes is forecasted to increase. This planning will require robust partnerships between the aviation industry, government, and communities to expand and upgrade infrastructure. Also, emergence of advanced security screening technologies is expected to impact the market growth positively. The recent U.S. ban on laptops as a carry-on baggage has created an alarming situation regarding the use of the device as an explosive or bomb. Therefore, the companies are researching to come up with advanced technologies that enable effective screening. One of such technology is Ultrabright microfocus X-ray, which is an efficient substitute to conventional X-ray tubes.

Moreover, the global aerospace industry pertaining to digitization and technological advancements, the scenario of the aviation industry is evolving.  It has directed the countries to modernize their existing airports. Countries such as the US, Brazil, Russia, Canada, among others, has a significant number of airports which directly contribute towards the growth of security screening market. 

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New body scanning equipment integrated with next-generation technology is deployed at Melbourne’s Airport. Therefore, with major adoption of security screening equipment at airports due to an upsurge in air passengers which majorly comes from the international market is playing a vital role in accelerating the growth of security screening.  The trend is predicted to pitch over the period leading to a huge opportunity for the security screening players.

The security screening market by application is further segmented into public places, border check point, government, airport, and others. Airport of the security screening market dominate the application segment and is expected to continue its dominance throughout the forecast period from 2019 – 2027. With an upsurge in the air passenger traffic worldwide and the efforts to lower waiting time on security lanes, more and more x-ray scanners, metal & explosive detector, baggage screening, and other devices are being deployed.

The global security screening market by product is segmented into x-ray scanner, biometric systems, explosive trace detector, and electromagnetic metal detector. X-ray scanner segment dominates the security screening market heavily and is expected to continue its dominance throughout the forecast period from 2019 – 2027. The ports and borders market also play an important role in driving this market with booming e-commerce industry, globalization of trade, together with increasing regulatory standards will drive the growth in demand for x-ray security scanner as well.

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Key findings of the study:

Some of the market Initiatives were observed to be most adopted strategy in the global security screening market. Few of the recent market initiatives are listed below:

2019:Iris ID announced its collaboration with GenKey for integrating iris recognition cameras as well as matching engine with the GenKey’s biometric ID platform, for providing an all-in-one solution for biometric verification and registration initiatives. 2019:L3 technologies Inc. acquired MacDonald Humfrey (Automation) Ltd, manufacturer of checkpoint security solutions, to enhance its networked security systems with highly operational and scalable capabilities. This will help the company to enhance their position in security market and create opportunities for the business. 2018:Teledyne ICM developed a new extra slim and light portable X-ray scanner, named FLATSCAN XS, to provide clear, sharp and detailed images of any item at a high speed. 2018:Analogic Corporation and American Airlines collaborate to distribute next generation computed tomography (CT) screening solutions, ConneCT in New York’s John F. Kennedy (JFK) International Airport. Further, ConneCT units deployed at other airports in the United States later in this year.

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