Security Screening Market
Security Screening Market Forecasts to 2030 - Global Analysis By Product Type (Personnel Inspection, Explosives & Narcotics Detection, Liquid Inspection, Radioactive Substances Monitor, Cargo & Vehicle Inspection, Parcel Inspection and Other Product Types), Device, Technology, Application, End User and By Geography
According to Stratistics MRC, the Global Security Screening Market is accounted for $8.6 billion in 2023 and is expected to reach $15.8 billion by 2030 growing at a CAGR of 9.1% during the forecast period. Security screening refers to the process of examining individuals, items, or information to ensure safety and prevent threats. This can involve various techniques such as physical searches, electronic scans, background checks, and verification procedures. Security screening is commonly used in areas such as airports, government buildings, events, and border crossings to detect prohibited items, dangerous substances, or individuals with malicious intent. The goal is to create a secure environment by identifying and addressing potential risks before they can cause harm.
Market Dynamics:
Driver:
Focus on streamlined travel
In the streamlined travel security screening market, efficiency is paramount. Innovations like advanced imaging technologies, biometric authentication, and automated processes are revolutionizing the passenger experience. These advancements not only enhance security measures but also reduce wait times, ensuring a seamless journey for travelers. With a focus on speed, accuracy, and convenience, the industry is continually evolving to meet the demands of modern travel, promising a hassle-free experience for passengers worldwide.
Restraint:
Integration challenges
In the security screening market, integration challenges often arise due to the complexity of merging various technologies and systems seamlessly. Integrating diverse screening equipment, software, and databases requires standardized protocols, interoperability testing, and continuous updates to ensure compatibility and effectiveness. Additionally, factors like regulatory compliance, data privacy concerns, and the need for real-time threat detection further complicate integration efforts.
Opportunity:
Advancements in technology
The market has witnessed significant technological advancements, enhancing safety and efficiency. Innovations like AI-powered threat detection algorithms, millimeter-wave imaging for concealed item detection, and biometric identification systems have revolutionized security protocols. Additionally, the integration of machine learning enables real-time risk assessment, improving the accuracy of threat detection while reducing false alarms.
Threat:
High installation and maintenance costs
Implementing advanced technologies like X-ray scanners, metal detectors, and biometric systems requires substantial capital investment. Moreover, maintaining these systems involves regular updates, repairs, and training for personnel, contributing further to the overall expenses. These costs can be prohibitive for many organizations, especially smaller businesses or institutions with limited budgets, impacting their ability to enhance security measures effectively.
Covid-19 Impact:
The COVID-19 pandemic has significantly impacted the security screening market, leading to a surge in demand for contactless and efficient screening solutions. Technologies such as thermal scanners, AI-based screening systems, and automated security checks have gained prominence to ensure safety and reduce transmission risks. However, the market also faced challenges due to reduced travel and event restrictions, affecting the deployment and adoption of security screening measures.
The parcel inspection segment is expected to be the largest during the forecast period
The parcel inspection segment is expected to be the largest during the forecast period. Advanced technologies such as X-ray scanning, explosive detection systems, and AI-driven image analysis are employed to identify potential threats or contraband items within parcels. These solutions enhance security protocols, streamline operations, and mitigate risks associated with illicit activities, making them indispensable components of modern security infrastructure.
The commercial segment is expected to have the highest CAGR during the forecast period
The commercial segment is expected to have the highest CAGR during the forecast period. With advancements in technology, the security screening market has witnessed a surge in commercial opportunities. Cutting-edge solutions such as AI-driven threat detection, biometric authentication, and X-ray screening systems are revolutionizing security protocols. These innovations offer enhanced accuracy, speed, and efficiency in identifying potential threats, making them indispensable for airports, public venues, and critical infrastructure.
Region with largest share:
North America is projected to hold the largest market share during the forecast period driven by increasing security concerns in various sectors such as aviation, transportation, border control, critical infrastructure, and public venues. Advances in technology, such as the development of millimeter-wave scanners, X-ray imaging systems, biometric identification, and artificial intelligence (AI)-based analytics, have significantly enhanced the capabilities of security screening systems, improving detection accuracy and operational efficiency.
Region with highest CAGR:
Asia Pacific is projected to hold the highest CAGR over the forecast period due to various factors such as increasing security concerns, technological advancements, and government regulations. Many governments in the region have implemented strict security measures, leading to a higher demand for security screening equipment in public places such as government buildings, transportation hubs, and critical infrastructure.
Key players in the market
Some of the key players in Security Screening market include Nuctech Company Limited, OSI Systems, Inc., Cobalt Light Systems, Mastercard, Smiths Group plc, Rapiscan Systems, L3Harris Security & Detection Systems, Analogic Corporation, Leidos Holdings, Inc., Garrett Metal Detectors, Astrophysics, Inc., Safran Identity & Security (Morpho), Adani Systems, Inc., Autoclear LLC, Kromek Group plc, 3DX-Ray Ltd., Rohde & Schwarz and Vanderlande Industries.
Key Developments:
In January 2024, OSI Systems, Inc.(US) received a USD 4 million contract from a leading global air cargo logistics provider for advanced security inspection systems. The order includes the Rapiscan RTT110 CT-based explosive detection system, the Rapiscan Orion 927DX and 935DX for large package screening, and the Rapiscan Orion 920CX for small parcel screening.
In May 2022, OSI systems received a $12 million contract for mobile cargo and vehicle inspection. OSI Systems, Inc. (the ""Company"" or ""OSI Systems"") announced its Security division was awarded a contract valued at approximately $12 million by an international customer to provide multiple units of the Eagle M60 mobile high-energy cargo and vehicle inspection system, as well as subsequent service and support.
Product Types Covered:
• Personnel Inspection
• Explosives & Narcotics Detection
• Liquid Inspection
• Radioactive Substances Monitor
• Cargo & Vehicle Inspection
• Parcel Inspection
• Other Product Types
Devices Covered:
• Head-Mounted Displays
• Handheld Devices
• Smart AR Mirrors
Technologies Covered:
• Electromagnetic Metal Detection
• Biometrics
• X-ray Screening
• Spectrometry & Spectroscopy
• Other Technologies
Applications Covered:
• Border Security
• Critical Infrastructure Protection
• Event Security
• Other Applications
End Users Covered:
• Government
• Transportation
• Retail Stores & Malls
• Commercial
• Hospitality
• Industrial
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Technology Analysis
3.8 Application Analysis
3.9 End User Analysis
3.10 Emerging Markets
3.11 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Security Screening Market, By Product Type
5.1 Introduction
5.2 Personnel Inspection
5.3 Explosives & Narcotics Detection
5.4 Liquid Inspection
5.5 Radioactive Substances Monitor
5.6 Cargo & Vehicle Inspection
5.7 Parcel Inspection
5.8 Other Product Types
6 Global Security Screening Market, By Device
6.1 Introduction
6.2 Head-Mounted Displays
6.3 Handheld Devices
6.4 Smart AR Mirrors
7 Global Security Screening Market, By Technology
7.1 Introduction
7.2 Electromagnetic Metal Detection
7.2.1 Handheld Metal Detectors
7.2.2 Walkthrough Metal Detectors
7.3 Biometrics
7.3.1 Fingerprint Recognition Systems
7.3.2 Iris Recognition Systems
7.3.3 Facial Recognition Systems
7.4 X-ray Screening
7.4.1 Baggage Scanners
7.4.2 Cabinet X-ray Systems
7.4.3 Body Scanners
7.4.4 Handheld Screening Systems
7.5 Spectrometry & Spectroscopy
7.6 Other Technologies
8 Global Security Screening Market, By Application
8.1 Introduction
8.2 Border Security
8.3 Critical Infrastructure Protection
8.4 Event Security
8.5 Other Applications
9 Global Security Screening Market, By End User
9.1 Introduction
9.2 Government
9.3 Transportation
9.4 Retail Stores & Malls
9.5 Commercial
9.6 Hospitality
9.7 Industrial
9.8 Other End Users
10 Global Security Screening Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Nuctech Company Limited
12.2 OSI Systems, Inc.
12.3 Cobalt Light Systems
12.4 Mastercard
12.5 Smiths Group plc
12.6 Rapiscan Systems
12.7 L3Harris Security & Detection Systems
12.8 Analogic Corporation
12.9 Leidos Holdings, Inc.
12.10 Garrett Metal Detectors
12.11 Astrophysics, Inc.
12.12 Safran Identity & Security (Morpho)
12.13 Adani Systems, Inc.
12.14 Autoclear LLC
12.15 Kromek Group plc
12.16 3DX-Ray Ltd.
12.17 Rohde & Schwarz
12.18 Vanderlande Industries
List of Tables
1 Global Security Screening Market Outlook, By Region (2021-2030) ($MN)
2 Global Security Screening Market Outlook, By Product Type (2021-2030) ($MN)
3 Global Security Screening Market Outlook, By Personnel Inspection (2021-2030) ($MN)
4 Global Security Screening Market Outlook, By Explosives & Narcotics Detection (2021-2030) ($MN)
5 Global Security Screening Market Outlook, By Liquid Inspection (2021-2030) ($MN)
6 Global Security Screening Market Outlook, By Radioactive Substances Monitor (2021-2030) ($MN)
7 Global Security Screening Market Outlook, By Cargo & Vehicle Inspection (2021-2030) ($MN)
8 Global Security Screening Market Outlook, By Parcel Inspection (2021-2030) ($MN)
9 Global Security Screening Market Outlook, By Other Product Types (2021-2030) ($MN)
10 Global Security Screening Market Outlook, By Device (2021-2030) ($MN)
11 Global Security Screening Market Outlook, By Head-Mounted Displays (2021-2030) ($MN)
12 Global Security Screening Market Outlook, By Handheld Devices (2021-2030) ($MN)
13 Global Security Screening Market Outlook, By Smart AR Mirrors (2021-2030) ($MN)
14 Global Security Screening Market Outlook, By Technology (2021-2030) ($MN)
15 Global Security Screening Market Outlook, By Electromagnetic Metal Detection (2021-2030) ($MN)
16 Global Security Screening Market Outlook, By Handheld Metal Detectors (2021-2030) ($MN)
17 Global Security Screening Market Outlook, By Walkthrough Metal Detectors (2021-2030) ($MN)
18 Global Security Screening Market Outlook, By Biometrics (2021-2030) ($MN)
19 Global Security Screening Market Outlook, By Fingerprint Recognition Systems (2021-2030) ($MN)
20 Global Security Screening Market Outlook, By Iris Recognition Systems (2021-2030) ($MN)
21 Global Security Screening Market Outlook, By Facial Recognition Systems (2021-2030) ($MN)
22 Global Security Screening Market Outlook, By X-ray Screening (2021-2030) ($MN)
23 Global Security Screening Market Outlook, By Baggage Scanners (2021-2030) ($MN)
24 Global Security Screening Market Outlook, By Cabinet X-ray Systems (2021-2030) ($MN)
25 Global Security Screening Market Outlook, By Body Scanners (2021-2030) ($MN)
26 Global Security Screening Market Outlook, By Handheld Screening Systems (2021-2030) ($MN)
27 Global Security Screening Market Outlook, By Spectrometry & Spectroscopy (2021-2030) ($MN)
28 Global Security Screening Market Outlook, By Other Technologies (2021-2030) ($MN)
29 Global Security Screening Market Outlook, By Application (2021-2030) ($MN)
30 Global Security Screening Market Outlook, By Border Security (2021-2030) ($MN)
31 Global Security Screening Market Outlook, By Critical Infrastructure Protection (2021-2030) ($MN)
32 Global Security Screening Market Outlook, By Event Security (2021-2030) ($MN)
33 Global Security Screening Market Outlook, By Other Applications (2021-2030) ($MN)
34 Global Security Screening Market Outlook, By End User (2021-2030) ($MN)
35 Global Security Screening Market Outlook, By Government (2021-2030) ($MN)
36 Global Security Screening Market Outlook, By Transportation (2021-2030) ($MN)
37 Global Security Screening Market Outlook, By Retail Stores & Malls (2021-2030) ($MN)
38 Global Security Screening Market Outlook, By Commercial (2021-2030) ($MN)
39 Global Security Screening Market Outlook, By Hospitality (2021-2030) ($MN)
40 Global Security Screening Market Outlook, By Industrial (2021-2030) ($MN)
41 Global Security Screening Market Outlook, By Other End Users (2021-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
