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X-Ray Security Scanner Market Size - Global Industry, Share, Analysis, Trends and Forecast 2022 - 2030

Category : Semiconductor and Electronics | Published at : December-2022 | Delivery Format : PDF | Status: Published | Pages : 250

The Global X-Ray Security Scanner Market Size accounted for USD 3,642 Million in 2021 and is estimated to achieve a market size of USD 6,410 Million by 2030 growing at a CAGR of 6.7% from 2022 to 2030. The growths in air transportation, as well as the growing fear of terrorist attacks, are key factors propelling the X-ray security scanner market growth. Furthermore, rising commercial and government demand for more advanced x-ray security screening systems is expected to fuel the X-ray security scanner market value in the coming years.

North America region led with more than 34% of X-ray security scanner market share in 2021

X-Ray Security Scanner Market Report Key Highlights

  • Global X-ray security scanner market revenue is expected to increase by USD 6,410 million by 2030, with a 6.7% CAGR from 2022 to 2030
  • North America region led with more than 34% of X-ray security scanner market share in 2021
  • Asia-Pacific X-ray security scanner market growth will observe strongest CAGR from 2022 to 2030
  • By component, the solution segment has accounted market share of over 77% in 2021
  • By application, product scanning segment engaged more than 64% of the total market share in 2021
  • Increasing cross-border smuggling of illegal products, drives the X-ray security scanner market size

The X-ray security scanners help in identifying harmful organic, inorganic, and metal materials as these materials absorb rays at different levels. X-ray scanning machines track dangerous items by looking at the mass density and the atomic number of the material that passes through the scanner. Organic, inorganic, and metals appear differently on the screen of the X-ray scanner. Organic material appears in orange on the screen of the scanner and explosives are generally made of organic materials, thus allowing the person to identify the threats. If the detected object’s density falls within the range of dangerous materials, the scanner will warn the operator about the potential hazard. The X-ray security scanners use low-dose radiations that can penetrate clothing or human skin to detect the presence of metallic or non-metallic objects hidden under the body cavity or clothing.

Asia-Pacific X-ray security scanner market growth will observe strongest CAGR from 2022 to 2030

Global X-Ray Security Scanner Market Trends

Market Drivers

  • Increased terrorist and other malicious activities on massive public infrastructure
  • Growing demands for air and rail transportation
  • Rising safety and security worries at a border crossover point
  • Increasing demand in the government and commercial sectors

Market Restraints

  • Unavailability of dependable supporting infrastructure
  • High cost of the system

Market Opportunities

  • Introduction of stringent security measures
  • Increasing cross-border smuggling of illegal products

X-Ray Security Scanner Market Report Coverage

Market X-Ray Security Scanner Market
X-Ray Security Scanner Market Size 2021 USD 3,642 Million
X-Ray Security Scanner Market Forecast 2030 USD 6,410 Million
X-Ray Security Scanner Market CAGR During 2022 - 2030 6.7%
X-Ray Security Scanner Market Analysis Period 2018 - 2030
X-Ray Security Scanner Market Base Year 2021
X-Ray Security Scanner Market Forecast Data 2022 - 2030
Segments Covered By Component, By Application, By End User, And By Geography
Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled Eurologix Security, Adani System Inc., Auto Clear LLC, Leidos Holding Inc., Smiths Detection Group Ltd., L3 Security & Detection Systems, Gilardoni SPA, Astrophysics Inc., Hamamatsu Photonics, Nuctech Company Limited, Vidisco Ltd., and Vanderlande Industries B.V.
Report Coverage
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis

X-Ray Security Scanner Market Dynamics

With the increasing prevalence of contraband of narcotics, weapons, and explosives, it has become extremely vital to inspect the cargo or individuals crossing borders or traveling within country or state limits. With security being paramount, it is important to invest in the right kind of X-ray security scanner depending on the application it is being used for. Full body scanners and baggage scanners help in keeping passengers, facilities, and assets safe. Arenas and events must be safeguarded to keep the public secure while critical infrastructures around the world have to be protected from external or internal intruders.

Rise In Illicit Activities Spurring The Demand For X-Ray Security Scanners

With the growing instances of illegal cross-border transport of goods and weapons, it has become vitally important to install such X-ray scanning machines at public transport facilities. Some of the major factors attributing to this growth include the rise in terrorist activities across the globe, the rising demand for security in the aviation industry, and the need for enhanced security in public places. However, the ill effects of radiation from X-ray scanning machines on human health and the high cost of these security scanning machines are major factors restricting the growth of this market. Growing demand for such X-ray security scanners from emerging countries to address security concerns is expected to drive the market for these products in the coming years.

X-Ray Security Scanner Market Segmentation

The global X-ray security scanner market segmentation is based on component, application, end-user, and geography.

X-Ray Security Scanner Market By Component

  • Solution
  • Service

By component, the solution segment has accounted market share of over 77% in 2021

According to an X-ray security scanner industry analysis, the solution segment held the largest market share in 2021. The expansion of the security scanning solution sector can be attributed to government organizations pushing the adoption of these systems to safeguard the safety of individuals and assets. Furthermore, the number of airlines and transport hubs is growing globally, as is the necessity for effective security in these places. The security of these locations is critical to avoid income loss, human life loss, and especially baggage mistreatment. As a result, the aforementioned reasons are projected to generate development possibilities for participants in the X-ray security scanning systems market throughout the forecast period.

X-Ray Security Scanner Market By Application

  • People Scanning
  • Product Scanning

By application, product scanning segment engaged more than 64% of the total market share in 2021

In terms of application, the product scanning segment is lead the X-ray security scanner market in 2021. Product scanning is anticipated to be the main factor promoting the segment's growth because of the enormous volume of goods that are moved and the exchanging of goods that takes place. The development of air transportation and the increased potential of terrorist attacks are the primary reasons driving the product scanner market's expansion.

X-Ray Security Scanner Market By End User

  • Commercial
  • Aviation and Transportation
  • Law Enforcement
  • Others

According to the X-ray security scanner market forecast, the aviation and transportation category is predicted to grow significantly in the market over the next few years. X-ray security scanners have been widely used in the industry to scan baggage (large and small), individuals, air cargo, and deliveries, among other things, to identify and locate any hidden dangerous objects or identify smuggling of any prohibited items. Furthermore, the advent and utilization of 3d vision features in x-ray machines have resolved the requirement for increased x-ray scanner abilities. They are likely to play a significant and important role in the market demand for new x-ray security scanners.

X-Ray Security Scanner Market Regional Outlook

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • Germany
  • France
  • Spain
  • Rest of Europe

Asia-Pacific

  • India
  • Japan
  • China
  • Australia
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

The Middle East & Africa

  • South Africa
  • GCC Countries
  • Rest of the Middle East & Africa (ME&A)

North America Region Leads and Asia-Pacific Is Expected To Grow Significantly In Market in the Coming Years

Geographically, North America is estimated to account for the biggest market share throughout the projection period due to the presence of prominent players such as L3 Security & Detection Systems, Astrophysics, Inc., & OSI Systems, Inc. Furthermore, the rising need for the launch of novel products is boosting demand for the region's x-ray security scanner market.

Asia-Pacific is predicted to develop the fastest throughout the prediction period due to technology and research and development in improving urban transportation infrastructure globally, with increasing metropolitan, railway, and railway developments being conducted to distribute the strain on urban infrastructure.

X-Ray Security Scanner Market Players

Some of the top X-ray security scanner market companies offered in the professional report includes Eurologix Security, Adani System Inc., Auto Clear LLC, Leidos Holding Inc., Smiths Detection Group Ltd., L3 Security & Detection Systems, Gilardoni SPA, Astrophysics Inc., Hamamatsu Photonics, Nuctech Company Limited, Vidisco Ltd., and Vanderlande Industries B.V.

Frequently Asked Questions

The estimated value of global X-ray security scanner market in 2021 was accounted to be USD 3,642 Million.

The projected CAGR X-ray security scanner market during the analysis period of 2022 to 2030 is 6.7%.

The prominent players of the global X-ray security scanner market are Eurologix Security, Adani System Inc., Auto Clear LLC, Leidos Holding Inc., Smiths Detection Group Ltd., L3 Security & Detection Systems, Gilardoni SPA, Astrophysics Inc., Hamamatsu Photonics, Nuctech Company Limited, Vidisco Ltd., and Vanderlande Industries B.V.

North America held the dominating X-ray security scanner market during the analysis period of 2022 to 2030.

Asia-Pacific region exhibited fastest growing CAGR for X-ray security scanner market during the analysis period of 2022 to 2030.

Rise in the prevalence of infertility and growing rate of obesity & increased alcohol consumption drives the growth of global X-ray security scanner market.

Based on application, Product Scanning segment is expected to hold the maximum share of the X-ray security scanner market.


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