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Security Screening Market by Type (X-Ray System, Metal Detectors, Explosive Detectors, Biometric System, and Other) and End Use (Government Buildings, Airports, Educational Institutes, Public Places, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

A10424
Pages: 225
Mar 2021 | 612 Views
 
Author(s) : Divyanshi Tewari
Tables: 78
Charts: 78
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

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Security Screening Market Outlook - 2027

The global security screening market size was valued at $8.35 billion in 2019, and is projected to reach $19.18 billion by 2027, registering a CAGR of 10.2% from 2020 to 2027.

Security screening devices are used for security & safety purpose such as metal detectors and explosive detectors. Security screening allows individuals to access classified information by thorough search and background check. Increasing terrorism and fraudulent activities coupled with stringent government norms have led to rise in growth of security screening systems. These systems have significant adoption rate in the military & defense sector due to increased threat of terrorism and cross-border intrusions.

Security-Screening-market

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Technological advancements, such as internet connectivity, have enabled real-time surveillance at remote and critical locations with enhanced accuracy. These devices are cost-effective and help to highlight criminal activities. Increasing cross-border terrorism and smuggling have resulted in the growth of the use of intrusion detection systems across the globe. These systems help verify the identity of an individual and allow people to access the information. Furthermore, the key factors expected to drive the market growth are increasing domestic as well as foreign threats, illegal activities, and crime. Therefore, security has become an important aspect across the globe. 

In addition, the drivers of the security screening market growth are increasing security concerns among regions, introduction of automation in security and screening, and increase in need of large-scale surveillance at public gatherings. The hurdles of the security screening market are the high cost associated with installation of full body scanners and increase in health problem due to X-ray radiations in X-ray body scanners. However, many technologies & trends are coming up in security screening, such as emerging trends toward IoT-based security cameras and increasing demand for automatic explosive detection in airports, thereby creating lucrative security screening market opportunity.

Segmentation

The security screening market share is segmented on the basis of type, end use, and region. By type, it is divided into X-ray system, metal detectors, explosive detectors, biometric system, and other. By end use, it is categorized into government buildings, airports, educational institutes, public places, and others. By region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in the security screening industry include Smiths Group plc., L-3 Communications Holdings, OSI Systems Inc., Honeywell International Inc., Lockheed Martin Corporation, Raytheon Company, Security Electronic Equipment Co. Limited., United Technologies Corporation, Safran S.A, and Argus Global Pty.

These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations, to enhance their market penetration.

COVID-19 Banner:

The ongoing spread of COVID-19 has become one of the biggest threats to the global economy and is causing widespread concerns and economic hardship for consumers, businesses, and communities across the globe. The “new normal” that includes social distance and working from home has created challenges with daily activities, regular work, needs, and supplies, causing delayed initiatives and missed opportunities.

The COVID-19 pandemic is impacting the society and overall economy across the global. The impact of this outbreak is growing day-by-day as well as affecting the supply chain. It is creating uncertainty in the stock market, falling business confidence, massive slowing of supply chain, and increasing panic among customers. European countries under lockdowns have suffered major loss of business and revenue due to shutdown of manufacturing units in the region. Operations of production and manufacturing industries have been heavily impacted by the outbreak of COVID-19, which led to slowdown in the growth of the security screening market analysis in 2020.

According to security screening market trends, the COVID-19 pandemic has severely impacted the global manufacturing and industrial sector as production facilities have stalled, which, in turn, have led to significant demand in industries. 

Security Screening Market
By Device Type

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Biometric system segment is projected as one of the most lucrative segments.

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Emergence of COVID-19 has forced the security organizations to change the way they operate. Attributed to the pandemic, enhanced airport security became more critical than ever, wherein biometric system is in demand at airports due to COVID-19 as it is an effective tool for access control, allowing for contactless identity checks. Security organizations have to focus on the cost-performance of safety screening products and services. 

Top Impacting Factors

The notable factor positively affecting the global security screening market outlook includes extensive checking at many places, including airports, hospitals, and government building for safety & security of individuals. Growing infrastructure also boosts the security screening market.

Major areas contributing to the market growth include educational institutes, airports, retail stores, banks, seaports, railway stations, and more. Biometric technology has a significant market share, owing to several choices available to the consumer such as fingerprint verification and face recognition for identification. Increase in illegal activities and fraud has escalated the need of security & safety, thereby boosting the global security screening market.

Security Screening Market
By End Use

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Educational Institute segment is projected as one of the most lucrative segments.

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Increase in adoption of security screening in government buildings 

Widespread use of security screening by governments and law enforcement agencies to improve security drives the growth of the global security screening market. The security screening market includes the person's security at spots and in government building where security & safety is crucial to protect individual and data or information. Governments are installing many security screening devices, such as walk-through metal detectors, handheld detectors, X-ray systems, and biometric systems, for checking and security purposes.

Advancement in technology in security screening

New technologies in security screening have increases the growth of devices such as alarm system for detection and 3D scanning for deep checking. Ease of installation & handling is one of the major advancement. 

Increasing terrorism and illegal activities

Increased terrorism, crime, illegal, & fraud activities boost the security screening market growth as extensive checking is important for safety of the individual, property, and privacy.

Security Screening Market
By Region

2027
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific would exhibit the highest CAGR of 11.3% during 2020-2027

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Key Benefits For Stakeholders

  • This study includes the analytical depiction of the global security screening market forecast along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information regarding the key drivers, restraints, and opportunities in the global security screening market analysis.
  • The global security screening market trends are quantitatively analyzed from 2019 to 2027 to highlight the financial competency of the industry.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Global Security Screening Market Segmentation

By Type

  • X-Ray System
  • Metal Detectors
  • Explosive Detectors
  • Biometric System 
  • Other

By End Use

  • Government Buildings
  • Airports
  • Educational Institutes
  • Public Places
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings

2.1.1.Top impacting factors
2.1.2.Top investment pockets

2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Porter’s five forces analysis
3.3.Patent analysis

3.3.1.By region (2017-2019)
3.3.2.By applicant

3.4.Market Share Analysis

3.4.1.Top 5 players revenue share, 2019

3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Increasing security concerns among regions
3.5.1.2.Introduction of automation in security and screening
3.5.1.3.Increase in need of large-scale surveillance at public gatherings

3.5.2.Restraints

3.5.1.4.High cost associated in installation of full body scanners
3.5.1.5.Increase in health problems due to X-ray radiations in X-ray body scanners

3.5.3.Opportunity

3.5.1.6.Emerging trends toward IoT based security cameras
3.5.1.7.Increase in demand for automatic explosives detection in Airports

3.1.COVID Impact

3.1.1.Impact on market size
3.1.2.End user trends, preferences, and budget impact
3.1.3.End user trends, preferences, and budget impact
3.1.4.Parent industry impact
3.1.5.Key player strategies to tackle negative impact
Limiting cuts to R&D expense:
Focusing on next-generation products
Shifting toward agile supply chain model
3.1.6.Opportunity window

CHAPTER 4:SECURITY SCREENING MARKET, BY END USE

4.1.Overview
4.2.X-Ray System

4.1.1.Key market trends, growth factors, and opportunities
4.2.1.Body Scanners
4.2.2.Baggage  Scanners
4.2.3.Others
4.1.2.Market size and forecast, by region
4.1.3.Market analysis, by country

4.1.Metal Detectors

4.3.1.Key market trends, growth factors, and opportunities

4.3.2.1.Hand Held Metal Detectors
4.3.2.2.Walk-Through Metal Detectors
4.3.2.3.Market size and forecast, by region
4.3.2.4.Market analysis, by country

4.2.Explosive Detectors

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.2.1.Market analysis, by country

4.3.Biometric  System

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Face Recognition
4.5.3.Voice Recognition
4.5.4.Fingerprint Recognition
4.5.5.Others
4.5.6.Market size and forecast, by region
4.5.7.Market analysis, by country

CHAPTER 5:SECURITY SCREENING MARKET, BYE END USE

5.1.Overview
5.2.Government Buildings

4.5.8.Key market trends, growth factors, and opportunities
4.5.9.Market size and forecast, by region
4.5.10.Market analysis, by country

5.2.Airports

4.5.11.Key market trends, growth factors, and opportunities
4.5.12.Market size and forecast, by region
4.5.13.Market analysis, by country

5.3.Educational Institutes

4.5.14.Key market trends, growth factors, and opportunities
4.5.15.Market size and forecast, by region
4.5.16.Market analysis, by country

5.4.Public Places

4.5.17.Key market trends, growth factors, and opportunities
4.5.18.Market size and forecast, by region
4.5.19.Market analysis, by country

5.5.Others

4.5.20.Key market trends, growth factors, and opportunities
4.5.21.Market size and forecast, by region
4.5.22.Market analysis, by country

CHAPTER 6:SECURITY SCREENING MARKET, BY REGION

6.1.Overview
6.2.North America

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by device type
6.2.3.Market size and forecast, by end use
6.2.4.Market analysis, by country
6.2.5.U.S.

6.2.5.1.1.Market size and forecast, by device type
6.2.5.1.2.Market size and forecast, by end use

6.2.6.Canada

6.2.6.1.1.Market size and forecast, by device type
6.2.6.1.2.Market size and forecast, by end use

6.2.7.Mexico

6.2.7.1.1.Market size and forecast, by device type
6.2.7.1.2.Market size and forecast, by end use

6.3.Europe

6.2.8.Key market trends, growth factors, and opportunities
6.2.9.Market size and forecast, by device type
6.2.10.Market size and forecast, by end use
6.2.11.Market analysis, by country

6.2.12.UK

6.2.12.1.1.Market size and forecast, by device type
6.2.12.1.2.Market size and forecast, by end use

6.2.13.Germany

6.2.13.1.2.Market size and forecast, by device type
6.2.13.1.3.Market size and forecast, by end use

6.2.14.France

6.2.14.1.1.Market size and forecast, by device type
6.2.14.1.2.Market size and forecast, by end use

6.2.15.Italy

6.2.16.Market size and forecast, by device type
6.2.16.1.1Market size and forecast, by end use

6.2.17.Rest of Europe

6.2.17.1.1.Market size and forecast, by device type
6.2.17.1.2.Market size and forecast, by end use

6.2.18.Asia-Pacific
6.2.19.Key market trends, growth factors, and opportunities
6.2.20.Market size and forecast, by device type
6.2.21.Market size and forecast, by end use
6.2.22.Market analysis, by country
6.2.23.China

6.2.23.1.1.Market size and forecast, by device type
6.2.23.1.2.Market size and forecast, by end use

6.2.24.Japan

6.2.24.1.1.Market size and forecast, by device type
6.2.24.1.2.Market size and forecast, by end use

6.2.25.India

6.2.25.1.1.Market size and forecast, by device type
6.2.25.1.2.Market size and forecast, by end use

6.2.26.Australia

6.2.26.1.1.Market size and forecast, by device type
6.2.26.1.2.Market size and forecast, by end use

6.2.27.Rest of Asia-Pacific

6.2.27.1.1.Market size and forecast, by device type
6.2.27.1.2.Market size and forecast, by end use

6.3.LAMEA

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by device type
6.3.3.Market size and forecast, by end use
6.3.4.Market analysis, by country
6.3.5.Latin America

6.3.5.1.1.Market size and forecast, by device type
6.3.5.1.2.Market size and forecast, by end use

6.3.6.Middle East

6.3.6.1.1.Market size and forecast, by device type
6.3.6.1.2.Market size and forecast, by end use

6.3.7.Africa

6.3.7.1.1.Market size and forecast, by device type
6.3.7.1.2.Market size and forecast, by end use

CHAPTER 7:COMPANY PROFILES

7.1.SMITHS GROUP PLC.

7.1.1.Company overview
7.1.2.Company snapshot
7.1.3.Operating business segments
7.1.4.Product portfolio
7.1.5.R&D Expenditure
7.1.6.Business performance
7.1.7.Key strategic moves and developments

7.2.L-3 COMMUNICATION HOLDINGS.

7.2.1.Company overview
7.2.2.Key Executives
7.2.3.Company snapshot
7.2.4.Operating business segments
7.2.5.Product portfolio
7.2.6.R&D Expenditure
7.2.7.Business performance
7.2.8.Key strategic moves and developments

7.3.OSI SYSTEMS INC

7.3.1.Company overview
7.3.2.Key Executives
7.3.3.Company snapshot
7.3.4.Operating business segments
7.3.5.Product portfolio
7.3.6.R&D Expenditure
7.3.7.Business performance
7.3.8.Key strategic moves and developments

7.4.HONEYWELL INTERNATIONAL INC

7.4.1.Company overview
7.4.2.Key Executives
7.4.3.Company snapshot
7.4.4.Operating Business Segments
7.4.5.Product Portfolio
7.4.6.R&D Expenditure
7.4.7.Business performance
7.4.8.Key strategic moves and developments

7.5.LOCKHEED MARTIN CORPORATION

7.5.1.Company overview
7.5.2.Key Executives
7.5.3.Company snapshot
7.5.4.Operating business segments
7.5.5.Product portfolio
7.5.6.R&D Expenditure
7.5.7.Business performance
7.5.8.Key strategic moves and developments

7.6.RAYTHEON COMPANY

7.6.1.Company overview
7.6.2.Key Executives
7.6.3.Company snapshot
7.6.4.Operating business segments
7.6.5.Product portfolio
7.6.6.R&D Expenditure
7.6.7.Business performance
7.6.8.Key strategic moves and developments

7.7.SECURITY ELECTRONIC EQUIPMENT CO., LIMITED

7.7.1.Company overview
7.7.2.Company snapshot
7.7.3.Operating business segments
7.7.4.Product portfolio
7.7.5.Key strategic moves and developments

7.8.UNITED TECHNOLOGIES CORPORATION

7.8.1.Company overview
7.8.2.Key Executives
7.8.3.Company snapshot.
7.8.4.Operating business segments
7.8.5.Product portfolio
7.8.6.R&D Expenditure
7.8.7.Business performance
7.8.8.Key strategic moves and developments

7.9.SAFRAN S.A

7.9.1.Company overview
7.9.2.Key Executives
7.9.3.Company snapshot
7.9.4.Operating business segments
7.9.5.Product portfolio
7.9.6.R&D Expenditure
7.9.7.Business performance
7.9.8.Key strategic moves and developments

7.10.ARGUS GLOBAL PTY LTD

7.10.1.Company overview
7.10.2.Company snapshot
7.10.3.Operating business segments
7.10.4.Product portfolio
7.10.5.R&D Expenditure
7.10.6.Business performance
7.10.7.Key strategic moves and developments

LIST OF TABLES

TABLE 01.SECURITY SCREENING MARKET, BY DEVICE TYPE, 2019-2027($MILLION)
TABLE 02.SECURITY SCREENING MARKET FOR X-RAY SYSTEM, BY REGION 2019-2027 ($MILLION)
TABLE 03.SECURITY SCREENING MARKET FOR METAL DETECTORS, BY REGION 2019-2027 ($MILLION)
TABLE 04.SECURITY SCREENING MARKET FOR  OR EXPLOSIVEL DETECTORS,BY REGION 2019-2027 ($MILLION)
TABLE 05.SECURITY SCREENING MARKET FOR  BIOMETRIC SYSTEM,BY REGION 2019-2027 ($MILLION)
TABLE 06.SECURITY SCREENING MARKET, BY END USE, 2019-2027($MILLION)
TABLE 07.SECURITY SCREENING MARKET FOR  GOVERNMENT BUILDINGS,BY REGION 2019-2027 ($MILLION)
TABLE 08.SECURITY SCREENING MARKET FOR  AIRPORT,BY REGION 2019-2027 ($MILLION)
TABLE 09.SECURITY SCREENING MARKET FOR  EDUCATIONAL INSTITUTES, BY REGION 2019-2027 ($MILLION)
TABLE 10.SECURITY SCREENING MARKET FOR  PUBLIC PLACES, BY REGION 2019-2027 ($MILLION)
TABLE 11.SECURITY SCREENING MARKET  FOR  OTHERS, BY REGION 2019-2027 ($MILLION)
TABLE 12.SECURITY SCREENING MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 13.NORTH AMERICA SECURITY SCREENING MARKET, BY DEVICE TYPE, 2019–2027 ($MILLION)
TABLE 14.NORTH AMERICA SECURITY SCREENING MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 15.U.S. SECURITY SCREENING MARKET, BY DEVICE TYPE, 2019–2027 ($MILLION)
TABLE 16.U.S. SECURITY SCREENING MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 17.CANADA SECURITY SCREENING MARKET, BY DEVICE TYPE, 2019–2027 ($MILLION)
TABLE 18.CANADA SECURITY SCREENING MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 19.MEXICO SECURITY SCREENING MARKET, BY DEVICE TYPE, 2019–2027 ($MILLION)
TABLE 20.MEXICO SECURITY SCREENING MARKET, BY END USE, 2019–202 USE ($MILLION)
TABLE 21.EUROPE SECURITY SCREENING MARKET, BY DEVICE TYPE, 2019–2027 ($MILLION)
TABLE 22.EUROPE SECURITY SCREENING MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 23.UK SECURITY SCREENING MARKET, BY DEVICE TYPE, 2019–2027 ($MILLION)
TABLE 24.UK SECURITY SCREENING MARKET, BY END USE, 2019–202 USE ($MILLION)
TABLE 25.GERMANY SECURITY SCREENING MARKET, BY DEVICE TYPE, 2019–2027 ($MILLION)
TABLE 26.GERMANY SECURITY SCREENING MARKET, BY END USE, 2019–202 USE ($MILLION)
TABLE 27.FRANCE SECURITY SCREENING MARKET, BY DEVICE TYPE, 2019–2027 ($MILLION)
TABLE 28.FRANCE SECURITY SCREENING MARKET, BY END USE, 2019–202 USE ($MILLION)
TABLE 29.ITALY SECURITY SCREENING MARKET, BY DEVICE TYPE, 2019–2027 ($MILLION)
TABLE 30.ITALY SECURITY SCREENING MARKET, BY END USE, 2019–202 USE ($MILLION)
TABLE 31.REST OF EUROPE SECURITY SCREENING MARKET, BY DEVICE TYPE, 2019–2027 ($MILLION)
TABLE 32.REST OF EUROPE SECURITY SCREENING MARKET, BY END USE, 2019–202 USE ($MILLION)
TABLE 33.EUROPE SECURITY SCREENING MARKET, BY DEVICE TYPE, 2019–2027 ($MILLION)
TABLE 34.ASIA-PACIFIC SECURITY SCREENING MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 35.CHINA SECURITY SCREENING MARKET, BY DEVICE TYPE, 2019–2027 ($MILLION)
TABLE 36.CHINA SECURITY SCREENING MARKET, BY END USE, 2019–202 USE ($MILLION)
TABLE 37.JAPAN SECURITY SCREENING MARKET, BY DEVICE TYPE, 2019–2027 ($MILLION)
TABLE 38.JAPAN SECURITY SCREENING MARKET, BY END USE, 2019–202 USE ($MILLION)
TABLE 39.INDIA SECURITY SCREENING MARKET, BY DEVICE TYPE, 2019–2027 ($MILLION)
TABLE 40.INDIA SECURITY SCREENING MARKET, BY END USE, 2019–202 USE ($MILLION)
TABLE 41.AUSTRALIA SECURITY SCREENING MARKET, BY DEVICE TYPE, 2019–2027 ($MILLION)
TABLE 42.AUSTRALIA SECURITY SCREENING MARKET, BY END USE, 2019–202 USE ($MILLION)
TABLE 43.REST OF ASIA-PACIFIC SECURITY SCREENING MARKET, BY DEVICE TYPE, 2019–2027 ($MILLION)
TABLE 44.REST OF ASIA-PACIFIC SECURITY SCREENING MARKET, BY END USE, 2019–202 USE ($MILLION)
TABLE 45.LAMEA SECURITY SCREENING MARKET, BY DEVICE TYPE, 2019–2027 ($MILLION)
TABLE 46.LAMEA SECURITY SCREENING MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 47.INDIA SECURITY SCREENING MARKET, BY DEVICE TYPE, 2019–2027 ($MILLION)
TABLE 48.LATIN AMERICA SECURITY SCREENING MARKET, BY END USE, 2019–202 USE ($MILLION)
TABLE 49.MIDDLE EAST SECURITY SCREENING MARKET, BY DEVICE TYPE, 2019–2027 ($MILLION)
TABLE 50.MIDDLE EAST SECURITY SCREENING MARKET, BY END USE, 2019–202 USE ($MILLION)
TABLE 51.AFRICA SECURITY SCREENING MARKET, BY DEVICE TYPE, 2019–2027 ($MILLION)
TABLE 52.AFRICA SECURITY SCREENING MARKET, BY END USE, 2019–202 USE ($MILLION)
TABLE 53.SMITHSGROUP PLC.: COMPANY SNAPSHOT
TABLE 54.SMITHS GROUP, PLC.: OPERATING SEGMENTS
TABLE 55.SMITHS GROUP PLC.: PRODUCT PORTFOLIO
TABLE 56.SMITHS GROUP PLC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 57.L-3 COMMUNICATION HOLDINGS.:KEY EXECUTIVES
TABLE 58.L-3 COMMUNICATION HOLDINGS.: COMPANY SNAPSHOT
TABLE 59.L-3 COMMUNICATION HOLDINGS.: OPERATING SEGMENTS
TABLE 60.L-3 COMMUNICATION HOLDINGS.: PRODUCT PORTFOLIO
TABLE 61.L-3 COMMUNICATION HOLDINGS.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 62.OSI SYSTEMS, INC:KEY EXECUTIVES
TABLE 63.OSI SYSTEMS, INC: COMPANY SNAPSHOT
TABLE 64.OSI SYSTEMS, INC: OPERATING SEGMENTS
TABLE 65.OSI SYSTEMS, INC: PRODUCT PORTFOLIO
TABLE 66.OSI SYSTEMS, INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 67.HONEYWELL INTERNATIONAL INC.:KEY EXECUTIVES
TABLE 68.HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 69.HONEYWELL INTERNATIONAL INC: OPERATING SEGMENTS
TABLE 70.HONEYWELL INTERNATIONAL INC: PRODUCT PORTFOLIO
TABLE 71.HONEYWELL INTERNATIONAL INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 72.LOCKHEED MARTIN CORPORATION.:KEY EXECUTIVES
TABLE 73.LOCKHEED MARTIN CORPORATION.: COMPANY SNAPSHOT
TABLE 74.LOCKHEED MARTIN CORPORATION.: OPERATING SEGMENTS
TABLE 75.LOCKHEED MARTIN CORPORATION: PRODUCT PORTFOLIO
TABLE 76.LOCKHEED MARTIN CORPORATION.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 77.RAYTHEON COMPANY.:KEY EXECUTIVES
TABLE 78.RAYTHEON COMPANY.: COMPANY SNAPSHOT
TABLE 79.RAYTHEON COMPANY: OPERATING SEGMENTS
TABLE 80.RAYTHEON COMPANY: PRODUCT PORTFOLIO
TABLE 81.RAYTHEON COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 82.SECURITY ELECTRONIC EQUIPMENT CO., LIMITED: COMPANY SNAPSHOT
TABLE 83.SECURITY ELECTRONIC EQUIPMENT CO., LIMITED: OPERATING SEGMENTS
TABLE 84.SECURITY ELECTRONIC EQUIPMENT CO., LIMITED: PRODUCT PORTFOLIO
TABLE 85.SECURITY ELECTRONIC EQUIPMENTCO., LIMITED: KEY STRATEGIC MOVES AND     DEVELOPMENTS
TABLE 86.UNITED TECHNOLOGIES CORPORATION:KEY EXECUTIVES
TABLE 87.UNITED TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT
TABLE 88.UNITED TECHNOLOGIES CORPORATION: OPERATING SEGMENTS
TABLE 89.UNITED TECHNOLOGIES CORPORATION: PRODUCT PORTFOLIO
TABLE 90.UNITED TECHNOLOGIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 91.SAFRAN S.A.:KEY EXECUTIVES
TABLE 92.SAFRAN S.A.: COMPANY SNAPSHOT
TABLE 93.SAFRAN S.A.: OPERATING SEGMENTS
TABLE 94.SAFRAN S.A.: PRODUCT PORTFOLIO
TABLE 95.SAFRAN S.A: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 96.ARGUS GLOBAL PTY LTD.: COMPANY SNAPSHOT
TABLE 97.ARGUS GLOBAL PTY LTD.: OPERATING SEGMENTS
TABLE 98.ARGUS GLOBAL PTY LTD.: PRODUCT PORTFOLIO
TABLE 99.ARGUS GLOBAL PTY LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY, BY SEGMENTATION
FIGURE 03.EXECUTIVE SUMMARY, BY REGION
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.MODERATE TO HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 07.LOW THREAT OF NEW ENTRANTS
FIGURE 08.LOW THREAT OF SUBSTITUTES
FIGURE 09.MODERATE INTENSITY OF RIVALRY
FIGURE 10.MODERATE BARGAINING POWER OF BUYERS
FIGURE 11.PATENT ANALYSIS, BY COUNTRY
FIGURE 12.PATENT ANALYSIS, BY APPLICANT
FIGURE 13.SECURITY SCREENING MARKET SHARE, BY END USE, 2019–2027 (%)
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF SECURITY SCREENING MARKET FOR X-RAY SYSTEM, BY COUNTRY, 2019 & 2027 (%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF SECURITY SCREENING MARKET FOR METAL DETECTORS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF SECURITY SCREENING MARKET FOR EXPLOSIVE DETECTORS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF SECURITY SCREENING MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 18.SECURITY SCREENING MARKET SHARE, BY END USE, 2019–2027 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF SECURITY SCREENING MARKET BY GOVERNMENT BUILDINGS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF SECURITY SCREENING MARKET BY AIRPORTS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF SECURITY SCREENING MARKET BY EDUCATIONAL INSTITUTES, BY COUNTRY, 2019 & 2027 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF SECURITY SCREENING MARKET BY PUBLIC PLACES, BY COUNTRY, 2019 & 2027 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF SECURITY SCREENING MARKET BY OTHERS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 24.SECURITY SCREENING MARKET, BY REGION, 2019-2027 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA SECURITY SCREENING MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 26.U.S. SECURITY SCREENING MARKET, 2019–2027 ($MILLION)
FIGURE 27.CANADA SECURITY SCREENING MARKET, 2019–2027 ($MILLION)
FIGURE 28.MEXICO SECURITY SCREENING MARKET 2019–2027 ($MILLION)
FIGURE 29.COMPARATIVE SHARE ANALYSIS OF EUROPE SECURITY SCREENING MARKET BY COUNTRY, 2019–2027 (%)
FIGURE 30.UK SECURITY SCREENING MARKET, 2019–2027 ($MILLION)
FIGURE 31.GERMANY SECURITY SCREENING MARKET, 2019–2027 ($MILLION)
FIGURE 32.FRANCE SECURITY SCREENING MARKET, 2019–2027 ($MILLION)
FIGURE 33.ITALY SECURITY SCREENING MARKET, 2019–2027 ($MILLION)
FIGURE 34.REST OF EUROPE SECURITY SCREENING MARKET, 2019–2027 ($MILLION)
FIGURE 35.COMPARATIVE SHARE ANALYSIS OF ASIA-PACIFIC SECURITY SCREENING MARKET BY COUNTRY, 2019–2027 (%)
FIGURE 36.CHINA SECURITY SCREENING MARKET, 2019–2027 ($MILLION)
FIGURE 37.JAPAN SECURITY SCREENING MARKET, 2019–2027 ($MILLION)
FIGURE 38.INDIA SECURITY SCREENING MARKET, 2019–2027 ($MILLION)
FIGURE 39.AUSTRALIA SECURITY SCREENING MARKET, 2019–2027 ($MILLION)
FIGURE 40.REST OF ASIA-PACIFIC SECURITY SCREENING MARKET, 2019–2027 ($MILLION)
FIGURE 41.COMPARATIVE SHARE ANALYSIS OF LAMEA SECURITY SCREENING MARKET BY COUNTRY, 2019–2027 (%)
FIGURE 42.LATIN AMERICA SECURITY SCREENING MARKET, 2019–2027 ($MILLION)
FIGURE 43.MIDDLE EAST SECURITY SCREENING MARKET, 2019–2027 ($MILLION)
FIGURE 44.AFRICA SECURITY SCREENING MARKET, 2019–2027 ($MILLION)
FIGURE 45.SMITHS GROUP PLC.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 46.SMITHS GROUP PLC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 47.SMITHS GROUP PLC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 48.SMITHS GROUP PLC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 49.L-3 COMMUNICTION HOLDINGS.: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 50.L-3 COMMUNICATION HOLDINGS.: NET SALES, 2017–2019 ($MILLION)
FIGURE 51.L-3 COMMUNICTION HOLDINGS.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 52.L-3 COMMUNICATION HOLDINGS.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 53.OSI SYSTEMS, INC: R&D EXPENDITURE, 2018–2020 ($THOUSANDS)
FIGURE 54.OSI SYSTEMS, INC: NET SALES, 2018–2020 ($MILLION)
FIGURE 55.OSI SYSTEMS, INC: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 56.OSI SYSTEMS, INC: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 57.HONEYWELL INTERNATIONAL INC: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 58.HONEYWELL INTERNATIONAL INC: NET SALES, 2017–2019 ($MILLION)
FIGURE 59.HONEYWELL INTERNATIONAL INC: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 60.HONEYWELL INTERNATIONAL INC: REVENUE SHARE, BY REGION, 2019 (%)
FIGURE 61.LOCKHEED MARTIN CORPORATION: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 62.LOCKHEED MARTIN CORPORATION.: NET SALES, 2017–2019 ($MILLION)
FIGURE 63.LOCKHEED MARTIN CORPORATION: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 64.LOCKHEED MARTIN CORPORATION: REVENUE SHARE, BY REGION, 2019 (%)
FIGURE 65.RAYTHEON COMPANY: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 66.RAYTHEON TECHNOLOGIES.: NET SALES, 2017–2019 ($MILLION)
FIGURE 67.RAYTHEON COMPANY.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 68.RAYTHEON COMPANY.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 69.UNITED TECHNOLOGIES CORPORATION: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 70.UNITED TECHNOLOGIES CORPORATION: NET SALES, 2017–2019 ($MILLION)
FIGURE 71.UNITED TECHNOLOGIES CORPORATION: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 72.UNITED TECHNOLOGIES CORPORATION: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 73.SAFRAN S.A.: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 74.SAFRAN S.A.: REVENUE, 2017–2019 ($MILLION)
FIGURE 75.SAFRAN S.A.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 76.SAFRAN S.A.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 77.ARGUS GLOBAL PTY LTD.: R&D EXPENDITURE, 2017–2019 ($THOUSANDS)
FIGURE 78.ARGUS GLOBAL PTY LTD.: REVENUE, 2017–2019 ($THOUSANDS)

 
 

The global security screening market is highly competitive. Reduction in the cost of human-assisted security and rise in investments by government and private firms impact the market growth.

Security screening vendors, who have access to extensive technical and financial resources, are anticipated to gain a competitive edge over their rivals as they have the capacity to cater to the market requirements. The competitive environment in this market is expected to further intensify with increase in technological innovations, product extensions, and different strategies adopted by key vendors.

The global security screening market is expected to witness significant growth with increase in adoption from various industries, such as retail, educational institutes, offices, and more, to improve operations efficiency and government encouragement in different regions. Technological advancements have augmented the overall industrial development within a wide range of industries. Government buildings, airports, and educational institutes are some of the leading sectors, which use security screening devices to ascertain safety & security and gain operations efficiency.

Asia-Pacific is projected to dominate the market during the forecast period due to increasing infrastructure and airports. China is a major hub for air travel across the globe, which boosts the growth of the security screening market in the region. Adoption of security screening in retail and corporate sectors, rise in fraud incidents, maintenance of safe access to physical and logical properties in commercial applications, cost-effectiveness, and ease of these devices drive the growth of the security screening market in this region.

The security screening market provides numerous growth opportunities to the players such 3DX-RAY, Adani, Honeywell International Inc., and more.

 
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