26 March 2021
Visiongain has published a new report on Security Screening Market Report to 2031: Forecasts by Product (X-Ray & Biometric Screening System, Explosive Trace Detector (EDT), Electromagnetic Metal Detector, Shoe Scanner, Liquid Scanner, and Biometric Systems) By Application (Airport, Government Applications, Border Check Point, Educational Institutes, Private Sector, Public Places, and Others). PLUS, Profiles of Leading Security Screening Companies and Regional and Leading National Market Analysis. PLUS COVID-19 Recovery Scenarios.
Global Security Screening market was valued at US$ xx billion in xx and is projected to reach at a market value of US$ xx billion by 2031.
COVID-19 Impact on Security Screening Market
The COVID-19 pandemic has impacted lives of people all around the globe. It has proved quite detrimental for business across the globe and no industry and remained untouched by its impacts. This pandemic has caused a serious disruption in the supply chain and has resulted in a huge supply-demand gap in the market for security robots worldwide
Growth of Security in Aviation Industry
The aviation industry is witnessing an increase in the air-traffic across the world, and the commercial segment is growing considerably; it accumulated US $812 billion in 2018, according to IATA data. This has led to an increase in the demand for security screens to manage safety and security of passengers at the airport.
Reduction of Time in Scanning
The advancement in technology has resulted in the advent of e-passports and its rising popularity in the recent years. Presently, more than 100 countries globally are issuing e-passports to speed up the boarding systems used in airports. For instance, in 2016, United Airlines partnered with Transportation Security Administration (TSA) to procure around 60 automatic security screen lanes. The company- TSA claims that these security screens are 30% more efficient than older ones.
The security screening market is moderately competitive. Some of the companies profiled in the report include American Science and Engineering, Inc., Analogic Corporation, Argus Global Pty Ltd., Aware Incorporation, Digital Barriers PLC, Implant Sciences Corporation, Magal Security Systems Ltd., OSI Systems, Inc., Safran SA, and Smithsgroup PLC.
In April 2020, OSI Systems, Inc., a major security screen manufacturer, announced that its Security division was awarded an order from its partnering organization.
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