X-Ray Security Scanner Market Growing at a CAGR of 5.4% to 2025 By Product Type (Body Scanner and Baggage Scanner), Key Manufacturers (Astrophysics, Eurologix Security, Gilardoni, Others) and End-User

Global X-Ray Security Scanner Market 2018-2025
The Insight Partners published, “X-ray Security Scanner Market to 2025 – Global Analysis and Forecasts by Product Type (Body Scanner and Baggage Scanner), and End-user (Air Transport, Land Security, Commercial Malls & Multiplexes, Government & Banks, and Postal Items)” report to their offering.

Latest market study on “X-ray Security Scanners Market to 2025 by Product Type (Body Scanner and Baggage Scanner); and End-user (Air Transport, Land Security, Commercial Malls and Multiplexes, Government & banks, and Postal Items) – Global Analysis and Forecast”, the X-ray Security Scanners Market is estimated to reach US$ 5.95 billion by 2025 from US$ 3.88 billion in 2017. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.

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Asia Pacific is the leading region in the X-ray security scanners market. The e-commerce industry of Asia Pacific region is flourishing attributed to the presence of several in the developing countries in the region. Further, the rising proliferation of internet connectivity and increasing penetration of smartphones is another factor driving the demand for e-commerce in Asia Pacific. Further, the increasing government spending on the infrastructure sector of the region is propelling the deployment of X-ray security scanners in the region.

E-commerce industry is growing rapidly across the globe, with each passing day, a new e-commerce market is coming into existence and the established markets are reaching new heights. E-commerce sales globally is expected to grow fiercely in 2017, it is expected that the market will account for one-tenth of total retail sales worldwide. China and the U.S. are expected to lead the industry with a share of US$ 1.6 Tn in 2017, which is approx. 70% of total e-commerce market. Furthermore, this will increase the growth of cross-border transfer of goods. This would result in deployment of enhanced security equipment for scrutinizing goods that enter or exit the border of the countries. Thus, the demand for X-security scanners is anticipated to increase. This has resulted in increasing air cargo traffic. As per IATA, global air freight market grew by 9% (measured in AFTKs) in 2017, representing over double the annual growth recorded in 2016. The growth in air cargo will result in increased deployment of X-ray scanning devices in ports, cargo facilities, warehouses etc.

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Some of the major players operating in the market of X-ray security scanner include Astrophysics, Inc., ADANI, Eurologix Security Group, L3 Security & Detection Systems, NUCTECH COMPANY LIMITED, OSI Systems, Inc., Gilardoni S.p.A., Kromek Group plc, Smiths Detection Inc., and TELEDYNE ICM.

The report segments the global X-ray Security Scanners market as follows:

Global X-ray Security Scanners Market– By Product Type

Body Scanner
Baggage Scanner
Handheld Scanner
Cabinet X-ray System
Vehicle and Cargo Inspection Systems

Global X-ray Security Scanners Market– By End-user

Air Transport
Land Security
Commercial Malls & Multiplexes
Government & Banks
Postal Items
Others

Global X-ray Security Scanners Market– By Geography

North America
U.S.
Canada
Mexico

Europe
France
Germany
Italy
Spain
U.K.

Asia Pacific (APAC)
Japan
China
India
Australia

Middle East
Saudi Arabia
UAE
Rest of Middle East

Africa
South Africa
Algeria
Libya
Morocco
Mauritania
Tunisia
Western Sahara
Rest of Africa

South America (SA)
Brazil

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