Friday, 15 March 2019

Global X-Ray Security Scanner Market growing at a CAGR of 7.6% through 2023

Global X-Ray security scanner market is estimated to grow at a substantial CAGR of 7.6% by 2023 as the scope, product types, and its applications are increasing across the globe. The factors that propel the growth of the X-Ray security scanner market include blooming e-commerce industry, rising number of people selecting to travel by air, illegal immigration, growing incidents of drug trafficking, and illegal arms trade. These factors have increased the acceptance of these systems at public places including government sites, hotels, transport hubs, and concert halls and museums. On the other hand, there are factors that may hamper the growth of the market including chances of skin tissue damage have been discouraging the use high-frequency X-ray systems.
X-Ray security scanner market may be explored by product type, application, and geography. X-Ray security scanner market may be explored by product type as EDT, X-Ray & Biometric Screening System, and Metal Detector. X-Ray security scanner market could be explored based on application as Government, Airport, Border Security, Private & Public Places and Education.

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X-Ray security scanner market is categorized based on geography into North America, Latin America, Japan, Middle East and Africa, Western Europe, Asia Pacific, and Eastern Europe. The “APAC” segment led the X-Ray security scanner market in 2016 and is anticipated to maintain its dominance by 2023. The key factors that may attributed to the growth of market includes vast infrastructure growth in the developing economies of the region, growing middle-class population resulting in increased air passenger traffic, and blooming e-commerce industry.

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The key players contributing to the robust growth of the X-Ray security scanner market comprise Adani, Astrophysics, Inc., L3 Security & Detection Systems, Eurologix Security Group, Osi Systems, Inc., Nuctech Company Limited, Kromek Group Plc, Gilardoni S.P.A., Teledyne ICM, and Smith’s Detection Inc. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Table of Contents

Part 1. Exclusive Summary

Part 2. Methodology
2.1 Research Methodology
2.2 Geographic Scope
2.3 Years Considered

Part 3. Introduction
3.1 General Information
3.2 Fields of Application

Part 4. Competitive Landscape
4.1 Global X-ray Security Scanner Market, by Volume 2013-2018
4.1.1 Overview
4.1.2 Global X-ray Security Scanner Market, by Volume, by Company
4.1.3 Top 3 Companies by Volume Share
4.2 Global X-ray Security Scanner Market, by Revenue 2013-2018
4.2.1 Overview
4.2.2 Global X-ray Security Scanner Market, by Revenue, by Company
4.2.3 Top 3 Companies by Revenue Share

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