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North America Security Screening Market to 2027 - Regional Analysis and Forecasts by Product ; Application

North America Security Screening Market to 2027 - Regional Analysis and Forecasts by Product ; Application
  • Publish Date:August 2019

  • Number of Pages:149

  • Report ID:5815419

  • Format:PDF

  • Publisher:The Insight Partners

$ 3000

Summary

The North America security screening market accounted for US$ 2.31 Bn in 2018 and is expected to grow at a CAGR of 5.9% over the forecast period 2019–2027, to account for US$ 4.01 Bn in 2027. The prospering e-commerce sector propelling domestic and international trade, and loss of human life owing to persistent attacks are the major factors boosting the security screening market growth. Moreover, the increase in investments in the development of the infrastructural sector is expected to boost the security screening market. Furthermore, significant R&D on emerging technologies is anticipated to be the leading trend in the security screening market. The present innovations in checkpoint security are supplementing the growth of the overall market. The baggage screening is implemented in a multiplexed and remote manner, while the aid of the conveying system in organizing the flow. Further, ongoing enhancements of the security scanners are being deployed. The recent US ban on laptops as carry-on baggage has created an alarming situation regarding the use of the device as an explosive or bomb. Such bans create inconvenience to passengers. Thus, companies are researching to come up with advanced technologies that enable effective screening. One such technology is Ultrabright microfocus X-ray, which is an efficient substitute to conventional X-ray tubes. Microfocus X-ray, when used with CT scanners, offers a solution that can produce higher-resolution 3D images.
The security screening market is fragmented in nature due to the presence of several industries, and the competitive dynamics in the market is anticipated to change during the coming years.In addition to this, various initiatives are undertaken by governmental bodies to accelerate the security screening market further.

For instance, the US Custom and Border Protection scan all the containers during their entrance in the US by using sea or land to detect radiation.The agency also recognizes around 5% of all arriving seaborne containers as high risk, and it scrutinizes those containers with X-ray or gamma-ray imaging systems.

In the last decade, the US government had mandated the use of both imaging systems and radiation detectors to scan incoming seaborne containers.The law gave Department of Security (DHS) a deadline till 2012 to completely implement the system.

However, the deadline has been extended three times, and now the law has given a deadline till 2018. In addition, DHS provides grants to universities for conducting research related to security screening technologies. For instance, DHS provided funds to the Nottingham Trent University for evaluating 3D X-ray imaging research.
The North America security screening market by application is dominated by the airport segment in the year 2018 and is anticipated to continue its dominance showcasing a substantial growth rate in the forecast period, followed by government and public place segments.Security screening helps in acquiring real-time information of an individual, baggage, cargo, and vehicle when passes or comes in contact with screening equipment.

By installing equipment, the country improves the security of the concerned place and saves time.Henceforth, security screening is receiving much traction for the security purpose among several applications.

The terrorists might take advantage of commercial spaces or ports such as seaport which lags in having high-end security and can conduct any illegal and life-threatening activity.Possible threats include smuggling of weapons or drugs conventional explosive device, radiological bomb, or movement of terrorist operatives.

Thus, emphasizing on the need for installation of necessary security detection systems is rising substantially to avert contraband of prohibited objects.
The overall security screening market size has been derived using both primary and secondary source.The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the security screening market.

It also provides an overview and forecast for the security screening market based on all the segmentation provided with respect to the North American region.Also, primary interviews were conducted with industry participants and commentators to validate data and analysis.

The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the security screening market. Some of the players present in security screening market are Aware, Inc., Anviz Global, Analogic Corporation, Iris ID Inc., L3 Security & Detection Systems, Magal Security Systems Ltd, Nuctech Company Limited, OSI Systems, Inc., Smiths Detection Inc., and Teledyne ICM (Teledyne Technologies Incorporated) among others.

Table of contents

1. Introduction
1.1 Scope Of The Study
1.2 The Insight Partners Research Report Guidance
1.2.1 North America Security Screening Market - By Product
1.2.2 North America Security Screening Market - By Application
1.2.3 North America Security Screening Market - By Country

2. Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Security Screening Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. Security Screening Market - Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Increase in the global air passenger traffic
5.1.2 Loss of human life owing to persistent attacks
5.1.3 Prospering e-commerce sector propelling domestic and international trade
5.2 Key Market Restraints
5.2.1 Health issues associated with X-ray radiations restricts the growth of full-body X-ray scanners
5.2.2 Challenges related to understanding the discrepancies in the security sector
5.3 Key Market Opportunities
5.3.1 Increase in investments on the development of infrastructural sector
5.4 Future Trends
5.4.1 Significant R&D on emerging technologies
5.5 Impact Analysis of Drivers and Restraints

6. Security Screening Market - North America Market Analysis
6.1 Overview
6.2 North America Security Screening Market Revenue And Forecasts To 2027 (US$ Mn)

7. North America Security Screening Market Analysis - By Product
7.1 Overview
7.2 North America Security Screening Market Breakdown, By Product, 2018 & 2027
7.3 X-Ray Scanner
7.3.1 Overview
7.3.2 North America X-Ray Scanner Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Biometric Systems
7.4.1 Overview
7.4.2 North America Biometric Systems Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Electromagnetic Metal Detector
7.5.1 Overview
7.5.2 North America Electromagnetic Metal Detector Market Revenue and Forecasts to 2027 (US$ Mn)
7.6 Explosive Trace Detector
7.6.1 Overview
7.6.2 North America Explosive Trace Detector Market Revenue and Forecasts to 2027 (US$ Mn)

8. North America Security Screening Market Revenue and Forecasts to 2027 -By Application
8.1 Overview
8.2 North America Security Screening Market Breakdown, By Application, 2018 & 2027
8.3 Border Check Point
8.3.1 Overview
8.3.2 North America Border Check Point Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Airport
8.4.1 Overview
8.4.2 North America Airport Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Government
8.5.1 Overview
8.5.2 North America Government Market Revenue and Forecasts to 2027 (US$ Mn)
8.6 Public Places
8.6.1 Overview
8.6.2 North America Public Places Market Revenue and Forecasts to 2027 (US$ Mn)
8.7 Others
8.7.1 Overview
8.7.2 North America Others Market Revenue and Forecasts to 2027 (US$ Mn)

9. North America Security Screening Market - Country Analysis
9.1 Overview
9.1.1 North America Security Screening Market Breakdown, by Key Countries
9.1.1.1 U.S. Security Screening Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.1.1.1 U.S. Security Screening Market Breakdown by Product
9.1.1.1.2 U.S. Security Screening Market Breakdown by Application
9.1.1.2 Canada Security Screening Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.1.2.1 Canada Security Screening Market Breakdown by Product
9.1.1.2.2 Canada Security Screening Market Breakdown by Application
9.1.1.3 Mexico Security Screening Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.1.3.1 Mexico Security Screening Market Breakdown by Product
9.1.1.3.2 Mexico Security Screening Market Breakdown by Application

10. Industry Landscape
10.1 Overview
10.2 Merger & Acquisition
10.3 Market Initiative
10.4 New Development

11. Company Profiles
11.1 Aware, Inc.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Product & Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Anviz Global
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Analogic Corporation
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Iris Id, Inc.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Product & Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 L3 Security & Detection Systems
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Magal Security Systems Ltd
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Nuctech Company Limited
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Product & Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 OSI Systems, Inc.
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Smiths Detection Inc.
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Product & Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Teledyne Icm (Teledyne Technologies Incorporated)
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Product & Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments

12. Appendix
12.1 About The Insight Partners
12.2 Glossary Of Terms

LIST OF FIGURES
Figure 1. Security Screening Segmentation
Figure 2. Security Screening Segmentation - Countries
Figure 3. Growth in Number of Air Passengers (2017-2037)
Figure 4. North America Security Screening Market Breakdown, By Product, 2018 & 2027 (%)
Figure 5. North America PEST Analysis
Figure 6. Ecosystem Analysis
Figure 7. Expert Opinion
Figure 8. Security Screening Market Impact Analysis of Driver and Restraints
Figure 9. North America Security Screening Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 10. North America Security Screening Market Breakdown, By Product, 2018 & 2027 (%)
Figure 11. North America X-Ray Scanner Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 12. North America Biometric Systems market Revenue and Forecasts to 2027 (US$ Mn)
Figure 13. North America Electromagnetic Metal Detector market Revenue and Forecasts to 2027 (US$ Mn)
Figure 14. North America Explosive Trace Detector market Revenue and Forecasts to 2027 (US$ Mn)
Figure 15. North America Security Screening Market Breakdown, By Application, 2018 & 2027 (%)
Figure 16. North America Border Check Point Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 17. North America Airport Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 18. North America Government Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 19. North America Public Places Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 20. North America Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 21. North America Security Screening Market Breakdown by Key Countries, 2018 & 2027(%)
Figure 22. U.S. Security Screening Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 23. Canada Security Screening Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 24. Mexico Security Screening Market Revenue and Forecasts to 2027 (US$ Mn)



LIST OF TABLES
Table 1. North America Security Screening market Revenue and Forecasts to 2027 (US$ Mn)
Table 2. North America Security Screening Market Revenue and Forecasts to 2027 - By Product (US$ Mn)
Table 3. North America Security Screening Market Revenue and Forecasts to 2027 - By Application (US$ Mn)
Table 4. U.S. Security Screening Market Revenue and Forecasts to 2027 - By Product (US$ Mn)
Table 5. U.S. Security Screening Market Revenue and Forecasts to 2027 - By Application (US$ Mn)
Table 6. Canada Security Screening Market Revenue and Forecasts to 2027 - By Product (US$ Mn)
Table 7. Canada Security Screening Market Revenue and Forecasts to 2027 - By Application (US$ Mn)
Table 8. Mexico Security Screening Market Revenue and Forecasts to 2027 - By Product (US$ Mn)
Table 9. Mexico Security Screening Market Revenue and Forecasts to 2027 - By Application (US$ Mn)
Table 10. Glossary of Term: Security Screening Market



The List of Companies
1. Aware, Inc.
2. Anviz Global
3. Analogic Corporation
4. Iris ID Inc.
5. L3 Security & Detection Systems
6. Magal Security Systems Ltd.
7. Nuctech Company Limited
8. OSI Systems, Inc.
9. Smiths Detection Inc.
10. Teledyne ICM (Teledyne Technologies Incorporated)

Methodology

Our market research methodology is designed to provide the clients with comprehensive and accurate information on various industries and markets. It includes data collection, primary interviews, macro-economic factor analysis, country-level data analysis etc.

The data is gathered from a wide range of sources, including industry reports, government statistics, and company financials. This data is then analyzed and cross-referenced to ensure its accuracy and reliability. Next, primary interviews are conducted with industry experts and key stakeholders to gather their insights and perspectives on the market. This information is then combined with the data collected to provide a complete picture of the market. Macro-economic factor analysis is also carried out to understand the impact of external factors on the market. Finally, country-level data analysis is performed to understand the market dynamics in specific regions and countries.

Reportlinker's market research methodology is designed to provide clients with a clear understanding of the market, its trends, and its future potential.