Asia Pacific is expected to grow at a fast pace in the x-ray security screening system market over the future, owing to growing number of passengers travelling through airways. Growing trade across the borders, particularly in developing countries including India and China is driving the adoption of these systems. Astrophysics, in partnership with the local supplier, will supply these equipment for the 2018 Winter Olympics and Paralympics in South Korea later this year, thus impacting the x-ray security screening system market positively.
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Given the current threats associated with terrorism & illegal activities, the growth prospects of X-ray security screening system market seem to be rather pronounced in the ensuing years. Quite overtly, the alarming rise in drugs & weapons trafficking, illegal arms trade, smuggling, and illegal immigrations have triggered the dire need for efficient security screening systems at transit locations. In response to this fact, advanced technologies that can offer enhanced security, such as the X-ray scanners, are gaining considerable traction, especially from the naval & aviation industry. The ability of these screening systems to detect even trace amount of contrabands placed inside large baggage containers and suitcases have mandated the installation of these systems at public locations, in turn fueling X-ray security screening system industry.
There is a substantial increase in airport construction and modernization activities which is further propelling x-ray security screening system market demand. For instance, in September 2017, the Pittsburgh International Airport (PIT) and its managing Allegheny County Airport Authority (ACAA) announced that they had initiated a USD 1.1 billion terminal modernization plan. The plan places a high focus on improving the efficiency of the security screening process by installing new technologies that can detect the presence of contraband in luggage and on travelers and aims to replace traditional security processes.
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Segmentation of the x-ray security screening system market by end-use indicates that the transit industry sub-segment will have the highest growth. These systems aid in identifying potential threats coming from the evaluation of suspicious packages, vehicle scanning, suspect scanning, custom searches through wall scanning to reduce disruption in the public.
The product screening application segment of the x-ray security screening system market holds the largest market share as they are used for the detection of illegal weapons, explosives, contraband, toxic materials and narcotics to safeguard people against any kinds of potential threats. The equipment is highly beneficial in cases where packages that cannot be unpacked for checking.
X-ray security screening system market players Adani Systems Inc., MinXray, Inc., L-3 Communications Security & Detection Systems, Kapri Corp, Smiths Detection, OSI Systems, Inc., Astrophysics Inc., Autoclear LLC, Scanna MSC, and Vanderlande. Companies undertake strategies such as mergers, acquisitions, and product launches to sustain growth in the x-ray security screening system market.
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