The demand for security as a result of increased terrorist activity throughout the globe, as well as the requirement for surveillance and security in public locations including airports, malls, and railway stations, are all driving factors growing the global security screening industry.
Covid-19 Impact & Market Status
Border closures and travel restrictions throughout the world have had a significant impact on the tourist and travel industries in North America. As a result, the security screening market has been negatively impacted. Because of the epidemic, planes in North America have been grounded, limiting the number of visitors to the nation, hurting sales of security screening devices. The aggressive vaccination campaign, on the other hand, has transformed the situation in the region, with limitations being lifted. This might help the travel and tourist industries reopen; but, these industries are unlikely to recover to pre-pandemic levels very soon.
The Biometric Segment is accounted for the Maximum Revenue in the Predicted Period.
Face scanners, iris scanners, and fingerprint scanners are some of the biometric technologies used for security screening. By comparing the scans to a database of existing biometric information, these technologies aid in the identification of offenders. Biometric systems are more accurate and take less time to scan.
The Transportation Segment is Likely to Hold Maximum Revenue in the Predicted Timeframe.
The transportation industry includes airports, railroad terminals, seaports, and bus stations. By the conclusion of the projected period, global passenger traffic is predicted to skyrocket. Due to the enormous volume of people passing through these transit stations, contraband detection equipment such as metal detectors and X-ray scanners are utilized to ensure security.
The Baggage and Cargo Screening Segment is Likely to Hold Maximum Revenue in the Predicted Timeframe.
Due to the increasing rise of e-commerce, parcel as well as mail delivery is expanding. Due to the increased number of parcels and tiny packages moving around as a result of e-commerce transactions, parcel screening has become crucial.
The North American Market is Expected to Grow at the Fastest Rate in the Forecasted Timeframe
As a consequence of government legislation requiring extensive security checks, particularly in public locations, North America is projected to be a significant region in implementing security screening technologies. Security systems are projected to be installed in large numbers across the Asia Pacific in response to ongoing terrorist threats.
The global security screening Market will benefit from ongoing research initiatives in conjunction with famous vendors and international institutions to produce effective Security Policies and technologically improved infrastructure.
In the face of escalating terrorist threats and the need to avoid unethical and criminal behaviors, the global security screening industry has seen rapid expansion over the last decade. Individuals and their baggage are scanned using full-body X-ray scanners, explosive trace detectors, biometric technology, and electromagnetic metal detectors, among other scanning equipment. The global Security Screening Market is likely to expand over 11000 USD Million at a CAGR of 7.3 % in the coming years.
Security screening is the most essential concern for security in public venues such as airports, railway stations, and other locations. It is commonly used to identify illegal materials such as metal objects, firearms, and alcoholic beverages, among other things. People and their luggage are scanned to detect any potentially dangerous things. Airports, government buildings, and border-crossing sites are among the most common locations for security screening. Biometric technologies are the most widely used way for screening persons since they provide the most accurate authentication mechanism.
Due to technological developments, manufacturers have been able to incorporate traditional screening and scanning solutions, resulting in market growth. Government rules that encourage the installation of screening systems to protect public safety are projected to be a major driver of market expansion. The increased use of biometric systems in private sector offices is likely to boost market development.
Bones and other internal body components can be screened for unethical and illicit behaviors using modern security screening technologies. One of the most recent breakthroughs in individual authentication is the E-passport (electronic passport). Significant installation costs, high danger of unfavourable publicity for the defense, and concern of privacy invasion are projected to constrain the global security screening industry. Competitive pressure on manufacturers and the negative health impacts of whole-body scanning are two other important difficulties for the security screening sector.
The global security screening industry is fragmented, with a number of well-known companies vying for market dominance. Some of the prominent players in this industry are Implant Sciences Corporation, Safran SA, Aware Incorporation, OSI Systems, Incorporation, Digital Barriers plc. Argus Global Pty Ltd, American Science and Engineering, Inc., Analogic Corporation, Magal Security Systems Ltd, and Smiths Group plc. Manufacturers in the Digital Mortgage Softwares market are focusing on innovative technology-based product development.
Latest Innovations in the Global Security Screening Market: a Snapshot
- In November 2021, Smiths Detection has teamed up with Microsoft and Heathrow to create the first multi-species AI of its kind, a model designed to find illegally trafficked animals hidden in luggage and aviation cargo. During initial testing at Heathrow Airport, the algorithm was successful in detecting smuggled animals, including ivory, with a success rate of over 70%. The system has the capacity to sort up to 250,000 bags per day and create a large amount of data for examination.
- In October 2021, NUCTECH Company Limited delivered more than 100 pieces of security screening equipment for the Dubai Expo 2020, including equipment for checking packages, cars, and cargo. The equipment provided includes a quick cargo inspection system as well as CT-type parcel inspection systems, both of which are easy to move and deploy.
The main purpose of this market research is to have a better understanding of the global security screening industry. The conclusions, data, and material from the study are all double-checked and revalidated using reliable sources. The report's analysts employed unique and industry-leading research and analytical approach to conduct an in-depth assessment of the global Security Screening Market.
Security Screening Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2028||11000 USD Million|
|Growth Rate||CAGR of 7.3 % during 2021-2028|
|Segment Covered||Type, Offering, Device, Application, Regions|
|Regions Covered||North America, Europe, Asia Pacific, Middle East and Africa, South America|
|Key Players Profiled||Implant Sciences Corporation, Safran SA, Aware Incorporation, OSI Systems, Incorporation, Digital Barriers plc. Argus Global Pty Ltd, American Science and Engineering, Inc., Analogic Corporation, Magal Security Systems Ltd, and Smiths Group plc.|
Key Segments of the Global Security Screening Market
Type Overview, 2018-2028 (USD Million)
- Lighting & Furniture
- Apparel Fitting
Offering Overview, 2018-2028 (USD Million)
Device Overview, 2018-2028 (USD Million)
- Handheld Devices
- Smart AR Mirrors
- Head-Mounted Displays
Application Overview, 2018-2028 (USD Million)
- Advertising & Marketing
- Try-On Solutions
- Information Systems
- Planning & Designing
Regional Overview, 2018-2028 (USD Million)
- Rest of Europe
- Rest of Asia Pacific
- Rest of South America
The Middle East and South Africa