X-Ray Security Screening System Market Size By Component (Solution, Service), By Type (Product Screening, People Screening), By End-Use (Government, Commercial, Transportation [Airways, Railways, Roadways]), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2021 – 2027

Industry Trends

X-ray Security Screening System Market size was valued at USD 4 billion in 2020 and is expected to grow at a CAGR of over 6% from 2021 to 2027. The market growth is attributed to the high demand for advanced x-ray security screening systems from the commercial and government sectors.
 

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The rise in the number of large shopping centers will boost the demand for x-ray security screening systems that ensure accurate and fast scanning of people and baggage. There is a growing popularity of hypermarkets and mega shopping complexes in both developed and developing economies. For instance, in November 2019, Ajman mall in the UAE upgraded from a community center to a regional shopping center comprising 130 international brands and a large hypermarket. Similarly, Sephora Canada has confirmed plans to expand across the region over the next three years, starting in 2021, with 42 new stores planned by 2025. As manual inspection techniques are time consuming, such shopping malls deploy x-ray security scanners to track hazardous materials or weapons hidden in bags to ensure the safety of people and infrastructure.
 

The coronavirus (COVID-19) pandemic hindered the X-ray security screening system market expansion in 2020 due to the strict lockdowns imposed by government administrations. The temporary closure of international borders impacted the adoption of security solutions from the transportation sector. The halts in the construction of new retail stores and shopping complexes further impacted the demand for security screening solutions. The industry regained traction in the second half of 2020, following the relaxations in the lockdown norms. The market will witness growth in 2021, with the resumption of industrial activities and the development of commercial infrastructure projects.
 

The U.S. government focusing on strengthening the security infrastructure across all the industry verticals

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The U.S. x-ray security screening system market will expand at 3% growth rate through 2027. There will be an increasing demand for baggage and people scanning solutions from the transportation sector. The security scanning solution industry growth can be credited to the government organizations encouraging the acceptance of these systems to ensure improved safety of people and assets. The U.S. Department of Homeland Security aims to strengthen the aviation security across the globe by implementing improving safety measures at all last-point-of-departure airports in 105 countries. Transportation Security Administration (TSA) regulates aviation security and operates airport screening checkpoints. Passenger screening at the airport is a part of TSA’s layered approach to security. TSA screens around 4.9 million carry-on bags on an average for explosives and other dangerous items every day.
 

High demand for x-ray security screening systems that enable fast scanning of products will fuel the market progression

The developing and modernizing logistics sector globally will foster the demand for advanced x-ray security screening systems, propelling the market revenue. For instance, the logistics sector in Europe is expanding rapidly, with freight transport projected to increase by 60% by 2050. Increasing cross border shipping has encouraged authorities to deploy cargo scanning machines that facilitate efficient and fast checking of large parcels. The developing e-commerce market and international trade over the recent years have further spurred the demand for x-ray security screening systems at transportation terminals.
 

The modernizing transportation infrastructure in Germany will influence the implementation of advanced x-ray security screening systems

The Germany x-ray security screening system market is estimated to attain a CAGR of 8% by 2027, owing to the high demand for advanced security solutions across transportation terminals. The German Government plans to make increasing investments in refurbishing the existing transportation infrastructure and develop new projects until 2030. Germany is also the most important European logistics hub due to its central location. This factor makes the country extremely important for seamless e-commerce international trade in Europe. The development of the transportation & logistics sector will support the x-ray security screening system market value.
 

Increasing commercial infrastructure development projects in APAC region will stimulate the demand for high-performance x-ray security screening systems

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Asia Pacific x-ray security screening system market captured over 25% of revenue share in 2020 on account of the development of new large-scale commercial development projects. For instance, around 100 new malls are scheduled to open in India by 2022. South Korea is also showcasing a rise in the number of new shopping centers. This factor will accelerate the demand for x-ray security screening systems that ensure accurate scanning of both people and goods. There is a rise in the number of transportation infrastructure projects to ensure economic growth.
 

Launching new innovative solutions forms a key strategy amongst market players

Key companies operating in the x-ray security screening system market include Analogic Corporation, Autoclear LLC, Adani Systems Inc., Astrophysics Inc., GILARDONI S.p.A., Kapri Corp, Minxray Inc., Leidos Holdings Inc., OSI Systems Inc., Smiths Detection Group Ltd. (SMITHS Group PLC), Vanderlande Industries B.V., Eurologix Security Holding Group, Vidisco Ltd., and Westminster International Ltd. (WESTMINSTER GROUP PLC). The industry participants are focusing on developing differentiated solutions to ensure robust growth.
 

The X-ray security screening system market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2017 to 2027 for the following segments:

Market, By Component

• Solution
• Service

Market, By Type

• Product screening
• People screening

Market, By End-use

• Government
• Commercial
• Transportation
  • Airways
  • Railways
  • Roadways

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Southeast Asia
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Chile
  • Colombia
• MEA
  • Saudi Arabia
  • UAE
  • South Africa