X-Ray Security Screening Market Trends

  • Report ID: 5993
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

X-Ray Security Screening Market Trends

Growth Drivers

  • Increasing Demand in Airports and Other Transportation Hubs: There is a high demand for X-ray security screenings in airports and other transportation hubs due to an increase in various security threats such as terrorism, illegal immigration, and illicit trafficking of firearms & drugs. In addition to that, the high volume of transportation hubs creates a high risk of various security threats which is expected to drive the growth of the X-ray security screening market. For instance, currently, there are around 40,000 airports, airstrips & heliports in the world. Additionally, there are around 4200 seaports globally.  
  • Integration of AI in X-ray Security Screenings: One of the main factors driving demand in the X-ray security screening industry is the incorporation of AI into these systems. Because AI allows machines to learn and adapt, it improves the accuracy of threat identification and increases screening efficiency. Machine learning (ML) algorithms can quickly and accurately discern between benign objects and possible hazards in complex X-ray images. This feature improves the efficiency of the screening process by lowering false positives and streamlining security protocols. As security threats evolve, so does the need for sophisticated screening solutions. To keep ahead of new dangers, governments, airports, and other security-sensitive organizations invest in AI-integrated X-ray equipment. This provides a strong push for ongoing market expansion in the forecast period.
  • Surge in Global Trade Activities: According to data published by World Bank currently the trade growth is 12.59% compared to a world growth of 12.59%. Due to this rise in international trade activities, there is an increased need to protect products in transit from potential dangers. Both corporations and governments make large investments in cutting-edge screenings to find bombs, drugs, and other illegal items that could jeopardize supply chain security, further propelling the market growth of X-ray security screenings.

Challenges

  • Health Concerns: The use of X-ray equipment raises health concerns due to exposure to ionizing radiation which can lead to acute radiation sickness, multi-system syndromes, and genetic abnormalities at the cellular level. Due to this people may become skeptical to consent to X-ray screening as a result especially when body scanners hampering the X-ray security screening market in the forecast period.
  • Due to the high cost of application of X-ray security systems some companies may find the large upfront costs unaffordable which can hold back the market growth
  • The growing use of X-ray screening devices, especially in public places, has sparked debates concerning privacy and the possibility of invasive scanning due to legal and ethical issues.

X-Ray Security Screening Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

8.8%

Base Year Market Size (2024)

USD 3.71 billion

Forecast Year Market Size (2037)

USD 11.11 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Abhishek Verma


  • Report ID: 5993
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of x-ray security screening is estimated at USD 3.97 billion.

The x-ray security screening market size was over USD 3.71 billion in 2024 and is anticipated to cross USD 11.11 billion by 2037, growing at more than 8.8% CAGR during the forecast period i.e., between 2025-2037. The market growth is impelled by rising security concerns including criminal activities, terrorism, and illegal trade, increased investments in infrastructure development projects, such as airports and governmental & commercial buildings, and the incorporation of AI into X-ray security screening systems.

Asia Pacific industry is set to account for largest revenue share of 30% by 2037, due to increasing frequency of domestic and international air traffic in the region.

The major players in the market include OSI Systems, Inc., Smiths Detection Group Ltd., Leidos, Thales, Teledyne Technologies Incorporated, Bruker, Analogic Corporation, Astrophysics Inc., LINEV Group, Nuctech
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