25 March 2019: Global X-Ray Security Scanner Market Research Report includes In-depth Analysis of industry by recent technologies, trends, opportunities, challenges, key players and business strategies considering types, segment, and future analysis. The X-Ray Security Scanner Market Report Provides Growth History, Sales Channel, Manufacturers Profiled in X-Ray Security Scanner Business, Market Share of Product, Application and Regional Scope of X-Ray Security Scanner which makes the research report a helpful resource for marketing people, forecasters, industry executives & consultants, sales, product managers, Strategy Advisor, potential investors to understand the present as well as future market size, situations in terms of growth rate and revenue. Global X-Ray Security Scanner Market is expected to grow at a CAGR of 7.6% in the upcoming period as the scope and its applications are rising enormously across the globe.
The key players of X-Ray security scanner market are TELEDYNE ICM, Astrophysics, Inc., Smiths Detection Inc., ADANI, Kromek Group plc, Eurologix Security Group, Gilardoni S.p.A., L3 Security & Detection Systems, OSI Systems, Inc., and NUCTECH COMPANY LIMITED. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.
The factors that are playing a major role in the growth of the market are growing e-commerce industry resulting in increased cross-border transactions, increasing global air passenger traffic, developing airport infrastructure with enhanced technology, and evolving and persistent attacks that result in loss of human life. However, concern related to X-Ray radiation may restrain overall market growth in the years to come. X-Ray security scanner market is segmented based on product type, end-user, and region.
Baggage scanner, body scanner, and others could be explored in X-Ray security scanner in the forecast period. The body scanner sector accounted for the substantial market share of X-Ray security scanner and is estimated to continue its dominance in the years to come.
The market could be categorized based on end-users like postal items, air transport, government & banks, land security, commercial malls & multiplexes, and others that could be explored in the forecast period. Air transport sector accounted for the substantial market share of X-Ray security scanner and is estimated to lead the overall market in the years to come. The reason could be developing infrastructure with the latest technology and high investment by countries across the globe on airport infrastructure. Also, commercial mall & multiplexes sector is estimated to grow at the fastest pace in the years to come.
Globally, North America accounted for the substantial market share of X-Ray security scanner and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be higher expenditure on security measures, the presence of key manufacturers in this region, and high demand from defense and government sector. The United States and Canada are the major consumers of x-ray security scanner in this region.
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- North America
- Asia Pacific
- Middle East and Africa
- South America
- Astrophysics, Inc.
- Hamamatsu Photonics
- L3 Technologies
- Rapiscan Systems
- Smiths Detection
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