Security Scanning Equipment Market - By Product Type (X-ray scanners, Magnetic Resonance Imaging scanners, Computed Tomography scanners, Ultrasound scanners), By Application (2D scanning technology, 3D scanning technology, 4D scanning technology), By End Use Industry, Forecast 2023 – 2032
Published Date: July - 2024 | Publisher: MRA | No of Pages: 240 | Industry: Media and IT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationSecurity Scanning Equipment Market - By Product Type (X-ray scanners, Magnetic Resonance Imaging scanners, Computed Tomography scanners, Ultrasound scanners), By Application (2D scanning technology, 3D scanning technology, 4D scanning technology), By End Use Industry, Forecast 2023 – 2032
Security Scanning Equipment Market Size
Security Scanning Equipment Market size was valued at over USD 11.4 billion in 2022 with a volume of over 1,000 thousand units dispatched and is anticipated to grow at a CAGR of over 7% between 2023 and 2032. The growing international trade volume is driving the demand for efficient & effective security scanning equipment to streamline customs procedures while maintaining security standards.
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Airports and transportation hubs are the key locations where security scanning equipment are heavily deployed. The rise in air travel, international freight transportation, and transit passengers requires comprehensive security measures. Security scanning equipment are used to screen passengers, baggage, and cargo for threats and prohibited items. There is a continuous demand for advanced scanning technologies that can handle high traffic volumes without compromising security owing to the rising number of passengers as well as the growing need for faster & more efficient screening processes.
| Report Attribute | Details |
|---|---|
| Base Year | 2022 |
| Security Scanning Equipment Market Size in 2022 | USD 11.4 Billion |
| Forecast Period | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR | 7% |
| 2032 Value Projection | USD 22 Billion |
| Historical Data for | 2018 to 2022 |
| No. of Pages | 121 |
| Tables, Charts & Figures | 470 |
| Segments covered | Product Type, Application, End Use, and Region |
| Growth Drivers |
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| Pitfalls & Challenges |
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What are the growth opportunities in this market?
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The security scanning equipment market is involved in the manufacturing, distribution, and utilization of devices and technologies designed to detect & identify potential threats or prohibited items in different settings. These security scanning devices are employed to ensure safety & security in environments such as airports, seaports, public venues, government buildings, and commercial establishments.
Integrating security scanning tools with existing security systems can be a real pain in the neck for companies, especially those that don't have the bucks or the know-how to do it right. This integration often means shelling out more dough for hardware, software, and network solutions. And let's face it, these costs can be a major turn-off, especially for organizations that are strapped for cash. The whole process can also be a logistical nightmare, involving a bunch of different people and tech providers. Each security system has its own quirks and settings, so getting them all to play nicely together can be a major headache. This can make it tough for companies to get these tools up and running, even if they really need them.
COVID-19 Impact
The COVID-19 pandemic impacted several markets including the security scanning equipment market in 2020. The pandemic led to disruptions in global supply chains, affecting the production and distribution of security scanning equipment. Manufacturing facilities faced temporary closures, logistics and transportation were impacted, and there were shortages of raw materials and components. These disruptions led to delays in equipment delivery and affected overall market dynamics.
Security Scanning Equipment Market Trends
Advanced imaging & detection techniques enable more accurate and efficient threat detection. Security scanning equipment utilize technologies, such as X-ray imaging, millimeter-wave imaging, thermal imaging, and spectroscopy, to identify prohibited items, weapons, explosives, and contraband goods. These techniques provide detailed & high-resolution images, allowing operators to detect hidden or disguised threats more effectively. By adopting advanced imaging & detection techniques, security scanning equipment enhance security measures and reduce the risk of potential threats. Advanced imaging & detection techniques contribute to increased throughput and operational efficiency in security screening processes.
Technologies such as Automatic Threat Recognition (ATR) systems can automatically analyze scanned images and highlight potential threats, reducing the time & effort required for manual inspections. Moreover, advancements in imaging & detection technologies enable faster scanning speeds and real-time analysis, allowing security personnel to process a higher volume of individuals & baggage in shorter periods. This is particularly beneficial in high-traffic areas such as airports and transportation hubs.
Security Scanning Equipment Market Analysis
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Imagine you're a security guard at an airport. You've got to keep people safe, so you need the best tools. And when it comes to screening passengers and luggage, nothing beats security scanning equipment. There are different types of scanners out there, like X-ray, MRI, CT, and ultrasound. But the X-ray scanner is still the champ. In 2022, it made up over 30% of the market, with more than 20,000 units sold. Why is X-ray so popular? Well, with all the planes and ships traveling around the world, we need to make sure our borders are safe. Airports, cargo terminals, and checkpoints are seeing more and more people and stuff coming through, so we need to step up our security game. X-ray scanners are like the ultimate security guards. They can quickly and accurately check bags, cargo, and parcels for any threats. And they're getting even better. New X-ray scanners have super-sharp images, smart algorithms that can tell different materials apart, and even systems that can spot potential threats all by themselves. So, if you want to keep airports, cargo terminals, and borders safe, X-ray scanners are the way to go. They're fast, accurate, and constantly improving. It's like having a whole team of security guards working for you, but way cooler.
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Based on end use, the security scanning equipment market is divided into commercial, industrial, public infrastructure, military & defence and correctional facility, institutional, transportation & aviation, healthcare. The military & defence and correctional facility segment is expected to grow at a CAGR of over 8% from 2023 to 2032. The demand for security scanning equipment is growing in the military & defense sector for border security as well as the prevention of the smuggling of weapons, contraband, or illegal substances across national borders.
Imagine you're driving to work when suddenly a giant scanner magically appears on the road. It's like something out of a sci-fi movie! This is what security scanning equipment does for vehicles at border checkpoints, except it's not magic, it's technology. These scanners not only protect our borders from bad guys trying to sneak in, they also keep prisoners safe in jails. They can spot a tiny hidden weapon hidden in a sock or a contraband cell phone that could help an inmate escape. This helps prevent dangerous situations and keeps everyone inside safer. So, basically, security scanning equipment is like a super-smart assistant that looks for things that could hurt us, preventing bad things from happening and making the world a safer place.
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North America has been a standout in the security scanning equipment market, claiming over 40% of the pie in 2022. The region is a hub for innovation and progress in technology, so it's no surprise that it's a leader in this field. Companies in North America are pushing the boundaries of security scanning technology with advancements like advanced imaging, AI, and data analytics. These innovations are making security scanning equipment more powerful and accurate. To top it off, North America has a leg up thanks to the availability of state-of-the-art technology. This has given the market a major boost, and it's only expected to grow stronger as governments in the region continue to invest in the latest and greatest scanning equipment. For example, in April 2023, the Transportation Security Administration (TSA) in the U.S. made a hefty investment of $1.3 billion to purchase Computed Tomography (CT) scanners for airport security checkpoints. This is a clear sign that North America is serious about taking security to the next level.
Security Scanning Equipment Market Share
Major companies operating in the Security scanning equipment market are
- Analogic Corporation
- Astrophysics Inc
- Autoclear LLC
- Garrett Metal Detectors
- Gilardoni S.p.A
- L3Harris Technologies Inc
- Leidos Holdings Inc.
- Nokta Makro Metal Detectors
- Nuctech
- Rapiscan Systems
- Scanna MSC Ltd
- Smiths Detection Group Ltd,
- Vanderlande Industries
- Westminster Group Plc,
- TODD Research.
The competitive landscape is characterized by continuous innovations as companies strive to improve their offerings with new technologies, integrations, and partnerships.
Security Scanning Equipment Industry News
- In May 2023, Royal Philips launched an AI-powered CT system to escalate routine radiology and high-volume screening programs. The Philips CT 3500 comprises a variety of image-reconstruction & workflow-improving features that assist in delivering the consistency, speed, and first time-right image quality needed for clinicians to make confident diagnoses.
The Security scanning equipment market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue & volume (USD Million and Units) from 2018 to 2032, for the following segments
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By Product Type
- X-ray scanners
- Magnetic Resonance Imaging (MRI) scanners
- Computed Tomography (CT) scanners
- Ultrasound scanners
- Others
By End Use
- 2D scanning technology
- 3D scanning technology
- 4D scanning technology
By End Use
- Commercial
- Industrial
- Public infrastructure
- Military & defence and correctional facility
- Institutional
- Transportation & aviation
- Healthcare
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Asia Pacific
- China
- India
- Japan
- South Korea
- ANZ
- Latin America
- Brazil
- Mexico
- MEA
- South Africa
- KSA
- UAE
Frequently Asked Questions (FAQ)
What is the size of the global security scanning equipment market?
The market size for security scanning equipment was valued at over USD 11.4 billion in 2022 and will grow at a CAGR of over 7% between 2023 and 2032, backed by the growing international trade volume.
Why are X-ray scanners gaining traction in security scanning equipment industry?
The X-ray scanner segment held a market share of over 30% in 2022, as these scanners play a crucial role in maintaining the security & integrity of checkpoint operations by enabling the rapid & accurate screening of baggage, cargo, and parcels.
How big is North America security scanning equipment market?
North America held a significant market share of over 40% in 2022, on account of the technological innovations and advancements in the region, along with strong presence of companies specializing in security scanning equipment.
Which companies define the competitive landscape of security scanning equipment industry?
Analogic Corporation, Astrophysics, Inc, Autoclear LLC, Garrett Metal Detectors, Gilardoni S.p.A, L3Harris Technologies, Inc., Leidos Holdings, Inc., Nokta Makro Metal Detectors, Nuctech, Rapiscan Systems, Scanna MSC Ltd., Smiths Detection Group Ltd among others.
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