X-Ray Security Screening Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023

Global X-Ray Security Screening Market To Reach US$ 3.12 Bn By 2023

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.

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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...