Future Opportunities and Key Players of Security screening market
The security screening market is dominated by a few globally established players such as Smith Detection (UK), OSI Systems (US), Leidos (US), Thales (France), NEC (Japan), FLIR Systems (US), Teledyne ICM (US), Bruker (US), Analogic Corporation (US), and ADANI Systems (US).
The security screening market is estimated to be worth USD 7.5 billion in 2021 and is projected to reach USD 10.1 billion by 2026, at a CAGR of 6.3 %. The global increase in terrorist attacks and illegal immigration, public gatherings fuel demand for security enhancement solutions and surge in demand for biometrics solutions in the private sector are some of the prominent factors for the growth of the security screening market globally.
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The advancements in X-ray screening systems and metal detectors could facilitate the deployment of security screening solutions at several places. Different types of technologies, such as standard X-ray, dual-energy, backscatter, and CT, are used in X-ray imaging systems. Earlier, 2D X-ray systems were used to screen baggage at airports. However, X-ray systems providing a 3D view of luggage have been launched recently. These systems provide better and more intuitive information about the bag contents by allowing viewers/operators to zoom in and rotate the bag for a 360-degree view. In the single-view X-ray transmission mode, the X-ray beam is transmitted through objects and detectors positioned opposite to the beam.
Recent Developments
- In March 2021, Smiths Detection announced it will supply a full suite of passenger baggage screening equipment for Kuwait’s new International Airport Terminal 2, which is currently under construction. The contract includes the supply and installation of 70 x Hi-SCAN 6040 CTiX computed tomography (CT) X-rays, which allow passengers to leave electronic devices and liquids in their baggage.
- In March 2021, OSI Systems announced that its Security division received an order for approximately USD 16 million to provide maintenance and support for US aviation checkpoint inspection systems.
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