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Global Security Screening Market
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Security screening refers to a procedure that is intended to prevent prohibited items and other threats from entering a designated area like airport. Equipment such as metal detectors, x-ray machines, and millimeter waves machines are used to detect the presence of any dangerous item like explosives. This process is predominantly aimed at the protection of citizens from malicious harm, crime, and terrorist attacks.
Global Security Screening Market: Overview
The global security screening market was worth USD 8.35 billion in 2022 and is anticipated to amplify at a CAGR of 10.2%, thereby amassing a valuation of USD 19.18 billion by end of the 2032. Rise in terrorism and fraudulent activities, increase in the number of airports, and technological advancements in the field are primarily augmenting the dynamics of this industry sphere.
| Attribute | Key Insights |
| Estimated Market Value (2022) | 3.85USD Billion |
| Forecasted Market Value (2032) | 19.18 USD Billion |
| CAGR % 2023-2028 | 10.2% |
| Leading Region | North America |
Furthermore, surge in cross-border conflicts, easy availability of integrated screening systems, and favourable government policies to promote screening activities in public places are adding momentum to the market progression.
Also, escalating demand from the defines sector, rising security concerns in aviation, and increasing adoption of biometric systems in corporate workplaces are creating lucrative opportunities for the marketplace to prosper.
On the contrary, high installing costs pertaining to security screening devices is hindering the remuneration scope of this industry vertical.
Global Security Screening Market: Key Trends
Surging Security Concerns In Aviation To Aid Market Expansion:
There has been a steep rise in the prevalence of terrorist activities in the aviation sector. This has escalated the demand for efficient security screening measures across airports for the determination of any malicious activity. Moreover, governments across the globe have also implemented stringent policies to prevent criminal activities like hijacks and blasts. This in turn has created an upward trend for the market.
Technological Advancements In The Field To Fuel Market Growth:
With the emergence of various innovative technologies, the security screening system has also evolved. The integration of IoT in the field has enabled real-time surveillance to highlight the presence of any prohibited item in airports, offices, and other public places. Moreover, these advanced systems are also equipped with the ability to verify the identity of an individual to prevent the chance of any malicious activity in public places. These factors have contributed to the progression of this business sphere.
Global Security Screening Market- Segmental Analysis
By Device Type:
- X-Ray Screening
- Body Scanners
- Baggage Scanners
- Handheld Scanners
- Biometric
- Fingerprint Recognition
- Facial Recognition
- Iris Recognition
- Vein Recognition
- Retina Recognition
- Others
- Electromagnetic Metal Detection
- Walk Through
- Handheld
- Ground Search
- Others
- Spectrometry and Spectroscopy
- Others
The biometric segment is slated to amass notable gains over 2022-2030 owing to the accuracy of biometric security screening systems.
By Applications:
- People Screening
- Mail and Parcel
- Baggage and Cargo Screening
- Explosives and Narcotics
- Vehicle Inspection
- Others
The baggage and cargo screening segment is expected to garner significant returns over the stipulated timeline attributing to the steep rise in the number of air passengers across the globe.
By End Use:
- Transportation
- Retail Stores and Malls
- Hospitality
- Government
- Industrial
- Commercial
- Educational Institutes
- Events and Sports
- Others
The events and sports segment is predicted to showcase lucrative growth trends over the estimated timeframe. This is credited to the surging terrorist and criminal activities in areas with massive gatherings.
Global Security Screening Market:Geographical Landscape
North America, Middle East & Africa, Europe, Latin America, and Asia Pacific are the major regions constituting the geographical ambit of this business sphere. Among these, Asia Pacific is projected to capture a high revenue share over 2022-2030. This is attributable to the rise in terrorist activities, increase in the number of airports, and widespread technological advancements in the field.
Global Security Screening Market:Competitive Hierarchy
The prominent players operating in the marketplace are Honeywell, OSI Systems, L-3 Communications Holdings, Lockheed Martin Corporation, Raytheon Technologies, FLIR Systems, Argus TrueID, Safran, Shenzhen Security Electronic Equipment Co., Limited, Bruker, Aware, Inc., Muon Systems, Analogic Corporation, ADANI Systems, American Science and Engineering Inc., Leidos, Implant Sciences Corporation, Astrophysics Inc., Magal Security Systems Ltd., Digital Barriers plc, Lingacom Ltd., Nuctech Company Limited, 3DX-Ray Ltd., Teledyne ICM SA, Passport Systems Inc., CEIA SpAg , Thales, NEC, and Smiths Detection.
Report Scope:
Global Security Screening Market: Historical Years- 2019-2022
Global Security Screening Market: Forecast Years- 2023-2032
Global Security Screening Market 2022: USD 8.35 billion
Global Security Screening Market 2032: USD 19.18 billion
Global Security Screening Market: CAGR: 10.2%
Key Segments Reported:
- By Device type (X-Ray screening, Biometric, Electromagnetic Metal Detection, and Spectrometry and Spectroscopy)
- By Application (People Screening, Mail and Parcel, Baggage and Cargo Screening, Explosives and Narcotics, Vehicle Inspection, and Others)
- By End-Use (Transportation, Retail Stores and Malls, Hospitality, Government, Industrial, Commercial, Educational Institutes, Events and Sports, and others)
Major Regions And Countries Covered:
- North America- U.S. and Canada
- Europe (U.K., France, Italy, Spain, and Russia)
- Latin America (Mexico and Brazil)
- Asia Pacific (China, India, Japan, Australia, and South Korea)
- Middle East & Africa (GCC, South Africa, and Egypt)
Prominent players listed- Honeywell, OSI Systems, L-3 Communications Holdings, Lockheed Martin Corporation, Raytheon Technologies, FLIR Systems, Argus TrueID, Safran, Shenzhen Security Electronic Equipment Co., Limited, Bruker, Aware, Inc., Muon Systems, Analogic Corporation, ADANI Systems, American Science and Engineering Inc., Leidos, Implant Sciences Corporation, Astrophysics Inc., Magal Security Systems Ltd., Digital Barriers plc, Lingacom Ltd., Nuctech Company Limited, 3DX-Ray Ltd., Teledyne ICM SA, Passport Systems Inc., CEIA SpAg , Thales, NEC, and Smiths Detection
ToC
- Global Security Screening Market Introduction and Market Overview
1.1. Objective of the Market Research Study
1.2. Security Screening Definition & Description
1.3. Research Data Parameters & Reporting Timelines
1.3.1. Historical Data Reporting Years – 2018 to 2021
1.3.2. Projected Data Reporting Years – 2022 to 2030
1.3.3. Reporting Data Parameters – Value (US$ Million)
1.4. Global Security Screening Market Scope and Market Estimation
1.4.1. Global Security Screening Market Overall Market Size (US$ Million), Market CAGR (%), Market Estimates & Forecast (2018 to 2030)
1.4.2. Global Security Screening Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2018 to 2030
1.5. Security Screening Segmentation
1.5.1. Device Type of Global Security Screening Market
1.5.2. Application of Global Security Screening Market
1.5.3. End Use of Global Security Screening Market
1.5.4. Key Regions of Global Security Screening Market
- Global Security Screening Market – Executive Summary
2.1. Global Security Screening Market – Summary & Snapshot
2.2. Global Security Screening Market, By Device Type (US$ Million)
2.3. Global Security Screening Market, By Application (US$ Million)
2.4. Global Security Screening Market, End Use (US$ Million)
2.5. Global Security Screening Market, By Geography (US$ Million)
2.6. Global Security Screening Market Outlook & Future Opportunities
- Security Screening Trends, Outlook, and Factors Analysis
3.1. Global Security Screening Market Industry Development Trends under COVID-19 Outbreak
3.1.1. Global COVID-19 Status Overview
3.1.2. Influence of COVID-19 Outbreak on Global Security Screening Market Industry Development
3.1.3. Pre & Post COVID-19 Trends and Scenarios
3.2. Security Screening Dynamics (Growth Impacting Factors & Rationales)
3.2.1. Drivers
3.2.1.1. Security measures in public areas are becoming increasingly important.
3.2.1.2. Biometrics solutions are in high demand in the private sector.
3.2.1.3. The surge in security screening systems is due to an increase in terrorism and fraudulent activities, as well as strict regulatory regulations.
3.2.2. Restraints
3.2.2.1. Installation of full body scanners comes at a considerable expense, and X-ray radiation from these scanners causes health problems.
3.2.3. Opportunities
3.2.3.1. Increased adoption of smart security screening technology in emerging countries is projected to open up new development opportunities.
3.2.3.2. Increased development in the information and communication technology (ICT) sector.
3.2.3.3. Technological advancements in sensor technology.
3.2.4. Impact Analysis of Drivers and Restraints
3.3. Ecosystem/ Value Chain Analysis
3.4. Porter’s Five Forces Analysis
3.5. SWOT Analysis
3.6. PEST Analysis
3.7. Average Selling Prices and Pricing Trends Analysis of Security Screening
3.8. Technological Roadmap
3.9. Key Investment Pockets of Security Screening
3.9.1. By Device Type
3.9.2. By Application
3.9.3. By End Use
3.9.4. By Regions
- Global Security Screening Market: Estimates & Historic Trend Analysis (2018 to 2021)
4.1. Global Security Screening Market, 2018 – 2021 (US$ Million)
4.2. Global Security Screening Market, By Device Type, 2018 To 2021 (US$ Million)
4.3. Global Security Screening Market, By Application, 2018 To 2021 (US$ Million)
4.4. Global Security Screening Market, By End Use, 2018 To 2021 (US$ Million)
4.5. Global Security Screening Market, By Region, 2018 To 2021 (US$ Million)
- Global Security Screening Market Estimates & Forecast Trend Analysis, by Device Type
5.1. Global Security Screening Market Share (%) Estimates and Forecasts, by Device Type, 2022 & 2030
5.2. Global Security Screening Market Revenue (US$ Million) Estimates and Forecasts, by Device Type, 2022 to 2030
5.2.1. X-Ray Screening
5.2.1.1. Body Scanners
5.2.1.2. Baggage Scanners
5.2.1.3. Handheld Scanners
5.2.2. Biometric
5.2.2.1. Fingerprint Recognition
5.2.2.2. Facial Recognition
5.2.2.3. Iris Recognition
5.2.2.4. Vein Recognition
5.2.2.5. Retina Recognition
5.2.2.6. Others
5.2.3. Electromagnetic Metal Detection
5.2.3.1. Walk Through
5.2.3.2. Handheld
5.2.3.3. Ground Search
5.2.3.4. Others
5.2.4. Spectrometry and Spectroscopy
5.2.5. Others
- Global Security Screening Market Estimates & Forecast Trend Analysis, by Application
6.1. Global Security Screening Market Share (%) Estimates and Forecasts, By Application, 2022 & 2030
6.2. Global Security Screening Market Revenue (US$ Million) Estimates and Forecasts, by Application, 2022 to 2030
6.2.1. People Screening
6.2.2. Mail and Parcel
6.2.3. Baggage and Cargo Screening
6.2.4. Explosives and Narcotics
6.2.5. Vehicle Inspection
6.2.6. Others
- Global Security Screening Market Estimates & Forecast Trend Analysis, by End Use
7.1. Global Security Screening Market Share (%) Estimates and Forecasts, By End Use, 2022 & 2030
7.2. Global Security Screening Market Revenue (US$ Million) Estimates and Forecasts, by End Use, 2022 to 2030
7.2.1. Transportation
7.2.2. Retail Stores and Malls
7.2.3. Hospitality
7.2.4. Government
7.2.5. Industrial
7.2.6. Commercial
7.2.7. Educational Institutes
7.2.8. Events and Sports
7.2.9. Others
- Global Security Screening Market Analysis and Forecast, by Region
8.1. Global Security Screening Market Share (%) Estimates and Forecasts, By Region, 2022 & 2030
8.2. Global Security Screening Market Revenue (US$ Million) Estimates and Forecasts, By Region, 2022 To 2030
8.2.1. North America
8.2.2. Europe
8.2.3. Asia Pacific
8.2.4. Middle East and Africa
8.2.5. Latin America
- North America Security Screening: Estimates & Forecast Trend Analysis
9.1. North America Security Screening Assessments & Key Findings
9.2. North America Security Screening Share (%) Estimates and Forecasts, 2022 & 2030
9.3. North America Security Screening Size Estimates and Forecast (US$ Million) (2022 To 2030)
9.3.1. By Device Type
9.3.2. By Application
9.3.3. By End Use
9.3.4. By Major Country
9.3.4.1. The U.S.
9.3.4.2. Canada
- Europe Security Screening: Estimates & Forecast Trend Analysis
10.1. Europe Security Screening Assessments & Key Findings
10.2. Europe Security Screening Share (%) Estimates and Forecasts, 2022 & 2030
10.3. Europe Security Screening Size Estimates and Forecast (US$ Million) (2022 to 2030)
10.3.1. By Device Type
10.3.2. By Application
10.3.3. By End Use
10.3.4. By Major Country
10.3.4.1. Germany
10.3.4.2. The U.K.
10.3.4.3. France
10.3.4.4. Italy
10.3.4.5. Spain
10.3.4.6. Rest of Europe (includes all other European countries)
- Asia Pacific Security Screening: Estimates & Forecast Trend Analysis
11.1. Asia Pacific Security Screening Assessments & Key Findings
11.2. Asia Pacific Security Screening Share (%) Estimates and Forecasts, 2022 & 2030
11.3. Asia Pacific Security Screening Size Estimates and Forecast (US$ Million) (2022 To 2030)
11.3.1. By Device Type
11.3.2. By Application
11.3.3. By End Use
11.3.4. By Major Country
11.3.4.1. China
11.3.4.2. Japan
11.3.4.3. India
11.3.4.4. ASEAN
11.3.4.5. South Korea
11.3.4.6. Rest of Asia Pacific (includes all other Asia Pacific countries)
- Middle East & Africa Security Screening: Estimates & Forecast Trend Analysis
12.1. Middle East & Africa Security Screening Assessments & Key Findings
12.2. Middle East & Africa Security Screening Share (%) Estimates and Forecasts, 2022 & 2030
12.3. Middle East & Africa Security Screening Size Estimates and Forecast (US$ Million) (2022 To 2030)
12.3.1. By Device Type
12.3.2. By Application
12.3.3. By End Use
12.3.4. By Major Country
12.3.4.1. GCC
12.3.4.2. South Africa
12.3.4.3. Egypt
12.3.4.4. Rest of Middle East & Africa (includes all other Middle East & Africa countries)
- Latin America Security Screening: Estimates & Forecast Trend Analysis
13.1. Latin America Market Assessments & Key Findings
13.2. Latin America Security Screening Share (%) Estimates and Forecasts, 2022 & 2030
13.3. Latin America Security Screening Size Estimates and Forecast (US$ Million) (2022 to 2030)
13.3.1. By Device Type
13.3.2. By Application
13.3.3. By End Use
13.3.4. By Major Country
13.3.4.1. Brazil
13.3.4.2. Mexico
13.3.4.3. Rest of Latin America (includes all other Latin America countries)
- Competitive Landscape
14.1. Security Screening Revenue Share Analysis (%), By Major Players (2021)
14.2. Security Screening Competition Matrix, By Leading Players
14.3. Security Screening List of Emerging, Prominent and Leading Players
14.4. Major Mergers & Acquisitions, Partnership, Joint Venture, Expansions, Deals, Recent Developments, Etc.
- Company Profiles
15.1. Smiths Detection
15.1.1. Company Overview & Insights
15.1.2. Financial Performance
15.1.3. Product / Service Portfolio
15.1.4. Geographical Footprint & Share
15.1.5. Strategic Initiatives & Key Developments
*Similar details would be provided for all the players mentioned below
15.2. Honeywell
15.3. OSI Systems
15.4. L-3 Communications Holdings
15.5. Lockheed Martin Corporation
15.6. Raytheon Technologies
15.7. FLIR Systems
15.8. Argus TrueID
15.9. Safran
15.10. Shenzhen Security Electronic Equipment Co., Limited
15.11. Bruker
15.12. Aware, Inc.
15.13. Muon Systems
15.14. Analogic Corporation
15.15. ADANI Systems
15.16. American Science and Engineering Inc.
15.17. Leidos
15.18. Implant Sciences Corporation
15.19. Astrophysics Inc.
15.20. Magal Security Systems Ltd
15.21. Digital Barriers plc
15.22. Lingacom Ltd
15.23. Nuctech Company Limited
15.24. 3DX-Ray Ltd
15.25. Teledyne ICM SA
15.26. Passport Systems Inc.
15.27. CEIA SpAg
15.28. Thales
15.29. NEC
15.30. Others
- Assumptions and Research Methodology
16.1. Data Mining
16.2. Secondary Research
16.3. Primary Research
16.4. Subject Matter Expert Advice
16.5. Quality Check
16.6. Final Review
16.7. Data Triangulation
16.8. Bottom-Up Approach
16.9. Top-Down Approach
16.10. Research Flow
16.11. Key Insights from Industry Experts
16.12. Data Sources
16.13. Assumptions
16.14. Limitations
- Conclusions and Recommendations
17.1. Key Research Findings and Conclusion
17.2. Key Insights & Recommendations from Analysts”
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