X-Ray Security Screening System Market to cross $3bn by 2024

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X-Ray Security Screening System Market to cross
3bn by 2024 Global Market Insights, Inc
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from X-Ray Security Screening
System Market

• X-Ray Security Screening System Market size was
  estimated at over USD 2 billion in 2016, and is
  set to exceed USD 3 billion by 2024 according to
  a new research report by Global Market Insights,
  Inc. X-ray security screening system market is
  expected to grow over the estimated timespan,
  owing to the increasing adoption at the border
  crossing points to ensure safety and security.
  Persisting risk of terrorist attacks has
  encouraged the investment form the aviation
  sector.
• The systems are increasingly being implemented in
  the airports to prevent the harm to passengers,
  aircrafts, crew and enhance national security,
  thus propelling the x-ray security screening
  system market growth. Growing threats of drug
  trafficking, illegal arms trade, and illegal
  immigration has increased the governments of
  various countries to use these scanning systems
  at public places including hotels, government
  sites, transport hubs, and museums concerts.

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Continued...

• Possibilities of skin tissue damage due to
  ionization effect of the rays is expected to
  challenge the x-ray security screening system
  market growth. Growing stringency of regulations
  put forth by the U.S. Department of Health and
  Human Services (HHS) and the U.S. Food and Drug
  Administration (FDA) discouraging the use of
  high-frequency systems is expected to hamper the
  x-ray security screening system market growth
  over the future. However, the growing usage of
  backscatter x-ray systems, that reduce the health
  hazards in people scanning applications is
  expected to gain popularity.
• The trend of automation of detection process is
  becoming highly popular in the industry. Resource
  constraints such as limited staff for operating
  the equipment and budget are expected to hamper
  the growth in the long term. The companies are
  investing in RD to increase the efficiency of
  these systems and generate more scans in a given
  timeframe. For instance, the RD team of Rapiscan
  is working to automate the detection and
  screening process. The company is developing
  tools that help an operator analyze the image and
  quickly identify potential threats.

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China x-ray security screening system market
size, by end-use, 2016 2024 (USD Million)

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Continued...

• Growing need to scan the cargos at the border
  checkpoints is driving the demand from transit
  industry, thus propelling the x-ray security
  screening system market over the forecast
  timespan. Companies in the industry offer a
  portfolio of configurable high-energy radiation
  scanning systems to keep the trade flowing
  smoothly. Technologies such as advanced cargo
  imaging and detection are developed that provides
  dynamic range and superior penetration views.
• Asia Pacific is expected to grow at a fast pace
  in the industry over the future, owing to growing
  number of passengers travelling through airways.
  Growing trade across the borders, particularly in
  developing countries including India and China is
  driving the adoption of these systems.
  Astrophysics, in partnership with the local
  supplier, will supply these equipment for the
  2018 Winter Olympics and Paralympics in South
  Korea later this year, thus impacting the x-ray
  security screening system market size positively.

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Continued...

• Growing instances of terrorist attacks in Europe
  in the past few years and growing threat from
  terrorist organizations such as ISIS is expected
  to drive the regional x-ray security screening
  system market growth. The November 2015 Paris
  attacks on multiple locations including music
  venues, restaurants bars, and sports stadium
  compelled the government of France to implement
  the scanning equipment in all the public places,
  thereby impacting the industry positively. The
  bombings in Brussels in March 2016 encouraged the
  government of Belgium to implement advanced
  scanning systems in airports and metro stations
  all over the country. Such threats are expected
  to compel the government bodies to implement
  these devices, thus propelling the industry
  growth over the next seven years.
• Some of the major players in x-ray security
  screening system market include OSI Systems
  (Rapiscan), Morpho Detection, Smith Detection,
  Analogic Corporation, L3 Security Detection
  Systems, Analogic Corporation, Adani Group,
  Astrophysics, Inc., and American Science and
  Engineering. The companies are developing
  software solutions to enable to view an
  integrated scanned image. For instance, CV2
  software solution by L3 integrates the data from
  several scanning systems to a centralized
  display.

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