The sales of x-ray security and inspection systems significantly rely on the decision of governmental agencies to upgrade or expand existing border crossing inspection sites, airports, seaport inspection sites, military facilities, and other security installations. The decision of governmental agencies to incorporate new systems or to upgrade existing infrastructure plays an important role in driving market demand.
Further, the aviation sector has to keep pace with evolving travel environment by adopting several security measures, which is expected to drive the x-ray security screening market over the next few years. Development of flexible security screening systems in order to address terror threats is also anticipated to fuel market demand. In addition, upgrades for existing installations provide opportunities for market growth. However, ionizing radiations generated by x-ray security scanners are known to be carcinogenic, and may hinder market growth over the forecast period.
Browse Detailed Report with TOC at:
http://www.hexareports.com/report/x-ray-security-screening-market-analysis-by-end-use-transit-commercial-government-by-application-people-screening-product-screening-and-segment-forecasts-to-2020/details
Further, illegal arms, drug trafficking and immigration have heightened border security, which is expected to favorably impact the demand for body & baggage screening systems and explosive detection systems.
Further key findings from the study suggest:
The transit sector is poised for high growth over the forecast period. X-ray security screening systems are primarily used for baggage screening, and account for substantial usage across the civil aviation sector.
X-ray security screening exhibits high penetration in the government sector, and accounted for substantial market share in 2013. Upgrades for existing installations are expected to drive the regional market demand, particularly across the border security application. The decision of governmental agencies to incorporate new systems or to upgrade existing infrastructure plays an important role in driving market demand.
Product screening accounted for considerable market share in 2013, with significant demand originating from the cargo and baggage screening applications.
North America accounted for a sizable share of the global x-ray security screening market in 2013. The Homeland Security Department has invested heavily in U.S. customs and border security, which is expected to catapult the segment demand over the forecast period.
A few key industry participants, including OSI Systems (Rapiscan), Smiths Detection, American Science and Engineering, Morpho Detection and Analogic Corporation are constantly innovating with considerable R&D investments to gain competitve advantage, and maintain strong market position.
Related Reports:
Development Trends of the Worldwide Memory Industry:
http://www.hexareports.com/report/development-trends-of-the-worldwide-memory-industry
Global Semiconductor Silicon Wafer Industry 2015:
http://www.hexareports.com/report/global-semiconductor-silicon-wafer-industry
Global Mixed Signal SoC Market 2015-2019:
http://www.hexareports.com/report/global-mixed-signal-soc-market
For the purpose of this study, Grand View Research has segmented the global x-ray security screening market on the basis of end-use, application and region:
X-Ray Security Screening End-Use Outlook (Revenue, USD Million, 2012 – 2020):
Transit
Commercial
Government
X-Ray Security Screening Application Outlook (Revenue, USD Million, 2012 – 2020):
People Screening
Product Screening
X-Ray Security Screening Regional Outlook (USD Million, 2012 – 2020):
North America
Europe
Asia Pacific
RoW
Request a sample copy of this report at:
http://www.hexareports.com/sample/42584
About Us:
Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.
Our Website: http://www.hexareports.com
Media Contact
Company Name: Hexa Reports
Contact Person: Ryan Shaw
Email: Send Email
Phone: 1-800-489-3075
Address:Felton Office Plaza, 6265 Highway 9
City: Felton
State: California
Country: United States
Website: http://www.hexareports.com/report/x-ray-security-screening-market-analysis-by-end-use-transit-commercial-government-by-application-people-screening-product-screening-and-segment-forecasts-to-2020/details