Global X-Ray Security Screening System Market

X-Ray Security Screening System Market Size, Share, Growth Analysis, By Component(Solution, Service), By Type(Product screening, People screening), By Application(Government, Commercial, Transportation, Airways), By Region - Industry Forecast 2024-2031


Report ID: SQMIG45J2148 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 91 | Figures: 76

X-Ray Security Screening System Market Competitive Landscape

The global market for X-ray security screening displays a competitive and dynamic environment made up of a mix of well-known market players and cutting-edge upstarts. With their wide product portfolios and well-established global presences, major companies including Smiths Group plc, Rapiscan Systems (OSI Systems), and L3Harris Technologies lead the market. These businesses continually make research and development investments in order to provide cutting-edge X-ray security screening systems that satisfy the changing requirements of several industries, including aviation, transportation, and critical infrastructure protection.

Startups and up-and-coming companies are also building a name for themselves in the market by providing cutting-edge security screening methods and technology. These entrants frequently concentrate on specialized markets and game-changing technologies, promoting market expansion and innovation. Collaborations and alliances between well-established companies and newcomers are becoming more frequent, enabling the integration of complementary technology and the investigation of untapped market potential.

Additionally, the market is transitioning to intelligent and automated security screening systems that make use of artificial intelligence and machine learning. This tendency has made it easier for technology businesses with experience in artificial intelligence to enter the security screening market, which has increased competition. As a whole, the worldwide X-ray security screening market is highly competitive and is defined by constant innovation, teamwork, and a tireless search for cutting-edge security solutions to counter new threats.

X-Ray Security Screening System Market Top Player’s Company Profiles

  • Rapiscan Systems (OSI Systems) (United States)
  • L3Harris Technologies (United States)
  • Nuctech Company Limited (China)
  • Leidos Holdings, Inc. (United States)
  • Astrophysics, Inc. (United States)
  • Autoclear, LLC (United States)
  • Analogic Corporation (a subsidiary of BK Medical Holding Company, Inc.) (United States)
  • Kromek Group plc (United Kingdom)
  • Hamamatsu Photonics K.K. (Japan)
  • Gilardoni S.p.A. (Italy)
  • Vidisco Ltd. (Israel)
  • VMI Security (United States)
  • Shenzhen Security Electronic Equipment Co., Ltd. (China)
  • Todd Research Ltd. (United Kingdom)
  • OSI Systems, Inc. (United States)
  • Teledyne Technologies Incorporated (United States)
  • VJ Technologies, Inc. (United States)

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Global X-Ray Security Screening System Market size was valued at USD 3.3 Billion in 2022 and is poised to grow from USD 3.60 Billion in 2023 to USD 7.23 Billion by 2031, at a CAGR of 9.10% during the forecast period (2024-2031).

The global market for X-ray security screening displays a competitive and dynamic environment made up of a mix of well-known market players and cutting-edge upstarts. With their wide product portfolios and well-established global presences, major companies including Smiths Group plc, Rapiscan Systems (OSI Systems), and L3Harris Technologies lead the market. These businesses continually make research and development investments in order to provide cutting-edge X-ray security screening systems that satisfy the changing requirements of several industries, including aviation, transportation, and critical infrastructure protection. 'Smiths Group plc (United Kingdom)', 'Rapiscan Systems (OSI Systems) (United States)', 'L3Harris Technologies (United States)', 'Nuctech Company Limited (China)', 'Leidos Holdings, Inc. (United States)', 'Astrophysics, Inc. (United States)', 'Adani Systems Inc. (India)', 'Autoclear, LLC (United States)', 'Analogic Corporation (a subsidiary of BK Medical Holding Company, Inc.) (United States)', 'Gilardoni S.p.A. (Italy)', 'Kromek Group plc (United Kingdom)', 'Hamamatsu Photonics K.K. (Japan)', 'Gilardoni S.p.A. (Italy)', 'Vidisco Ltd. (Israel)', 'VMI Security (United States)', 'Shenzhen Security Electronic Equipment Co., Ltd. (China)', 'Todd Research Ltd. (United Kingdom)', 'OSI Systems, Inc. (United States)', 'Teledyne Technologies Incorporated (United States)', 'VJ Technologies, Inc. (United States)'

The need for sophisticated X-ray security screening systems in public places, transportation hubs, and vital infrastructure is rising in response to worries over security threats including terrorism, smuggling, and illegal immigration.

Non-Invasive Screening: The development of non-invasive, less dangerous screening technologies that address privacy and health issues, such millimeter-wave imaging for body scans, is now under process.

North America held a commanding 32.7% revenue share in 2022, dominating the world market for X-ray security screening. This market strength is ascribed to substantial government expenditures made to improve infrastructure for public safety and security, particularly in reaction to threats like terrorism and illegal immigration. Unaffected by the method of transportation, all containers entering the United States are thoroughly scanned by U.S. Customs and Border Protection. This thorough examination goes beyond radiation detection to classify around 5% of containers as "high risk," in which case X-ray or gamma-ray imaging technologies are used to examine them. Throughout the projection period, these elements are expected to fuel demand for X-ray security screening systems in the area.

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Global X-Ray Security Screening System Market

Report ID: SQMIG45J2148

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