Security Screening Market Growth Outlook Through 2024-2033

Overview and Scope
Security screening refers to screening measures that are designed to keep forbidden objects and other hazards out of the sterile area. These security screening and checkpoints protect the locations from any hazardous events, reassuring travelers that they are safe and protecting people and places.

Sizing and Forecast
The security screening market size has grown strongly in recent years. It will grow from $9.94 billion in 2023 to $10.76 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to increased threats and security concerns, rising air travel and transportation security needs, global events and terrorism, public awareness and expectations.

The security screening market size is expected to see strong growth in the next few years. It will grow to $14.74 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to contactless screening solutions, enhanced threat detection algorithms, focus on privacy and data security, customs and border security application. Major trends in the forecast period include integration with biometric technologies, technological integration in critical infrastructure protection, advancements in detection technologies, multi-modal biometric screening, remote screening and monitoring.

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Segmentation & Regional Insights
The security screening market covered in this report is segmented –

1) By Type: X-Ray System, Metal Detectors, Explosive Detectors, Biometric System, Other Types
2) By Application: Mail And Parcel, Baggage Scanning, Cargo And Vehicle Inspection, Explosives And Narcotics
3) By End-User: Government Buildings, Airports, Educational Institutes, Public Places, Other End-Users

North America was the largest region in the security screening market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the security screening market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The increasing terrorism is expected to propel the growth of the security screening market. Terrorist uses illegal force and violence to achieve a political, economic, religious, or social purpose through fear, compulsion, or intimidation. With these growing unlawful immigration and terrorist acts worldwide, the demand for security screening systems has risen. According to the Global Terrorism Index, there were 5,226 terrorist acts worldwide in March 2022. Few nations, including Afghanistan, Iraq, and Somalia, are more significantly impacted by terrorism. Therefore, increasing terrorism will drive the security screening market growth.

Key Industry Players

Major companies operating in the security screening market report are NEC Corporation, Thales Group, L3Harris Technologies Inc., Adani Systems Inc., Leidos Holdings Inc., Decision Sciences Corporation, Garrett Metal Detectors, Smiths Group PLC, 3DX-Ray Ltd., OSI Systems Inc., Analogic Corporation, Nuctech Company Limited, Rapiscan Systems Ltd., Muon Systems, Optosecurity Inc., CEIA SpA, Morpho Detection Inc., Astrophysics Inc., Magal Security Systems Ltd., Metrasens Ltd., Kromek Group PLC, Autoclear LLC, Gilardoni SpA, Westminster International Ltd., Passport Systems Inc., Scanna MSC Ltd., Teledyne ICM SA, RedXDefense LLC, Argus Global Pty Ltd., Lingacom Ltd., American Science and Engineering Inc., DetectaChem LLC, FLIR Systems Inc., Implant Sciences Corporation

The security screening market report table of contents includes:

1. Executive Summary
2. Security Screening Market Characteristics
3. Security Screening Market Trends And Strategies
4. Security Screening Market – Macro Economic Scenario
5. Global Security Screening Market Size and Growth
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31. Security Screening Market Other Major And Innovative Companies
32. Global Security Screening Market Competitive Benchmarking
33. Global Security Screening Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Security Screening Market
35. Security Screening Market Future Outlook and Potential Analysis
36.Appendix

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