X-Ray Security Scanner Market to 2025 - Global Analysis and Forecasts by Air Transport, Land Security, Commercial Malls & Multiplexes, Government & Banks, and Postal Items - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jun 11, 2018--The “X-ray Security Scanner Market to 2025 - Global Analysis and Forecasts by Product Type (Body Scanner and Baggage Scanner), and End-user (Air Transport, Land Security, Commercial Malls & Multiplexes, Government & Banks, and Postal Items)” report has been added to ResearchAndMarkets.com’s offering.
Global X-ray security scanners market is expected to grow from US$ 3.88 billion in 2017 to US$ 5.95 billion by 2025 at a CAGR of 5.4% between 2018 and 2025.
X-ray security scanner market is growing globally with increasing development of infrastructure. Airports, being the biggest end-user of these systems, are noticing high investments in their infrastructure. Almost all the countries across the globe are investing in their airport infrastructure by either expanding the existing facilities or constructing new airports.
Also, a growth has been noticed in the commercial infrastructure of emerging economies, resulting in construction of new shopping malls, hospitals, stadiums, and other commercial buildings. The deployment of X-ray security scanners in these buildings and airports, is expected to boost the market growth.
One of the key factors propelling the market growth for X-ray security scanners is the growing global air passenger traffic resulting in expansion of airport infrastructure. Further, the blooming e-commerce industry is also bolstering the growth of the market.
APAC is one of the prominent regions in X-ray security scanners market which is contributing highest revenue globally due to immense infrastructure development in the emerging economies of the region as well as rising middle-class population resulting in increased air passenger traffic.
Also, the APAC region is leading, with China contributing the major share. In 2016, the Civil Aviation Administration of China announced its plans to invest US$ 77 Bn on civil aviation infrastructure, which includes constructing 66 new airports during the next five years as well as upgrading 52 civil aviation facilities.
Some of the major players operating in the global X-ray security scanners market areAstrophysics, Inc. Adani Eurologix Security Group L3 Security & Detection Systems Nuctech Company Limited Osi Systems, Inc. Gilardoni S.P.A. Kromek Group Plc Smiths Detection Inc. Teledyne ICM
Key Topics Covered:
2. Key Takeaways
3. X-Ray Security Scanner Market Landscape
4. X-Ray Security Scanner Market - Key Industry Dynamics
5. X-Ray Security Scanner Market - Global Market Analysis
6. X-Ray Security Scanner Market Revenue And Forecasts To 2025 - Product Type
7. X-Ray Security Scanner Market Revenue And Forecasts To 2025 - End-User
8. Global X-Ray Security Scanner - Geographical Analysis
9. Industry Landscape
10. Competitive Landscape
11. Global X-Ray Security Scanner Market - Key Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/pvkf35/xray_security?w=4
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SOURCE: Research and Markets
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PUB: 06/11/2018 10:05 AM/DISC: 06/11/2018 10:06 AM