Translate Page To German Tranlate Page To Spanish Translate Page To French Translate Page To Italian Translate Page To Japanese Translate Page To Korean Translate Page To Portuguese Translate Page To Chinese
  Number Times Read : 10    Word Count: 427  
Categories

Arts & Entertainment
Business
Career
Cars and Trucks
Celebrities
Communications
Computers
Culture and Society
Disease & Illness
Environment
Fashion
Finance
Food & Beverage
Health & Fitness
Hobbies
Home & Family
Inspirational
Internet Business
Legal
Online Shopping
Pets & Animals
Politics
Product Reviews
Recreation & Sports
Reference & Education
Religion
Self Improvement
Travel & Leisure
Vehicles
Womens Issues
Writing & Speaking
 


   

X-Ray Security Screening Market Analysis, opportunities Trends And Industry Strategies 2017 - 2025 - Credence Research



[Valid RSS feed]  Category Rss Feed - http://articlespromoter.com/rss.php?rss=9
By : Ainsley Lewis    9 or more times read
Submitted 2017-07-17 09:52:48
​According to a new market report published by Credence Research, Inc. “X-ray Security Screening Market (By Application (Luggage/Product Screening, Human Screening, and Vehicle Screening), By End-use (Government, Transportation (Airway, Waterway, and Railroad Way), and Commercial)) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023”, the global X-ray security screening market is expected to grow at a CAGR of 6.5% during the forecast period 2016 – 2023, reaching US$ 3.12 Bn by 2023.
Browse the full X-ray Security Screening (By Application (Luggage/Product Screening, Human Screening, and Vehicle Screening), By End-use (Government, Transportation (Airway, Waterway, and Railroad Way), and Commercial)) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023 report at http://www.credenceresearch.com/report/x-ray-security-screening-market

Product Insights

An X-ray security screening system is a device that detects objects on the desired body or inside a luggage without making any physical contact. Integrating advanced threat detection technologies with flexible and intelligent system designs, X-ray security screening systems enable effective threat recognition. Thus, these devices increasingly find applications across airports, seaports, aircrafts, ships, public gatherings, state boundaries, and commercial infrastructure to counter threats like terrorism and illegal trafficking. The combination of terrorist attack threats, the shortcomings of current technologies, and governments’ willingness to invest on security infrastructure development bodes well for the market growth.

Competitive Insights:

The global X-ray security screening market is technology driven and highly consolidated across different end-use segments. The leading top 4 players account for over 50% of the global X-ray security screening market revenue. Some of the leading and promising players identified in the global X-ray security screening market include American Science and Engineering Inc., OSI Systems, Inc., Smith Detection, Safran Identity & Security (Morpho Detection), Analogic Corporation, Adani Group, 3DX-Ray Ltd., Aware Incorporation, MinXray Inc., Eurologix Security, L-3 Communications Holdings, and Leidos Holdings, Inc. (SAIC) among others. The market being technology driven has room for technological innovations. While developed economies like North America and Europe house most of the leading X-ray security screening system manufacturers, they are focusing on penetrating emerging markets like India, Brazil, and China. On the other hand, a new entrant is required to make substantial investment upfront and in research and development activities to better penetrate the market. Growing security concerns coupled with rigorous security measures bodes well for the market growth and competition.

Key Trends:

Rigorous security measures and government regulations to support market demand
Heavy investments made in developing security infrastructure
Growing security concerns over rising terrorist activities
Increasing demand from civil aviation sector
High upfront cost and privacy intrusion
Author Resource:- http://www.credenceresearch.com/report/x-ray-security-screening-market
Article From Articles Promoter Article Directory

HTML Ready Article. Click on the "Copy" button to copy into your clipboard.




Firefox users please select/copy/paste as usual
New Members
select
Sign up
select
learn more
Affiliate Sign in
Affiliate Sign In
 
Nav Menu
Home
Login
Submit Articles
Submission Guidelines
Top Articles
Link Directory
About Us
Contact Us
Privacy Policy
RSS Feeds

Actions
Print This Article
Add To Favorites

 

Free Article Submission

Website Security Test