Security Screening – Moulding Under Impels of Smart Tech and Multi-Modal Biometrics
The security screening landscape is under the transformation phase where smart technologies are enabling improvisations in uptimes and detection capabilities of these systems, while cutting down overall lifecycle costs. Multi-modal biometric solutions are fast replacing the unimodal systems, in light of their enhanced matching performance, indexing capabilities, and population coverage.
Top Factors Shaping the Global Security Screening Market
Adoption of smart technology in security screening systems
The rapid adoption of smart technologies pertaining to security screening in developing countries is expected to register new growth opportunities for the security screening market during the forecast period. In the upcoming years, security screening technology is expected to boom and provide new innovative technologies such as the development of a web-based application to support the higher operational availability of equipment, decrease in the size of equipment, and to support mobility & flexibility. This is expected to increase the uptime of systems & detection capabilities, and reduce the overall lifecycle costs. These benefits offered by security screening systems are expected to boost the security screening market during the forecast period.
Increasing threats in security risk-related activities
In the present scenario, a new threat is introduced in the world every day, especially to the security of infrastructure. Railway stations, airports, tourist attractions, borders, and others, are highly susceptible to illegal activities, terrorist acts, as well as drug dealing & other illegal activities, which can be prevented with the usage of automatic security screening systems. Thus, the installation of security screening systems at such places is increasing at a significant rate. Therefore, the security screening market is expected to witness significant growth during the forecast period.
Increasing adoption of Internet of Things (IoT)
Advancements in technology are creating new options to integrate infrastructural security with IoT. The significant benefits of incorporating security features with IoT is to ensure safety and security by enabling authorized access to real-time data, which assists in the overall security management and monitoring. These benefits of IoT are expected to contribute to the growth of the security screening market during the forecast period.
Security Screening Market Structure Analysis
- Some of the top participants in the global security screening market include American Science and Engineering, Inc., Analogic Corporation, Argus TrueID, Aware Incorporation, Digital Barriers, Mangal Security Systems Ltd., OSI Systems, Inc., Smiths Group plc, LAXTON GROUP, NEXT Biometric, Aratek, NEC Corporation, and Cognitec Systems GmbH.
- Some of the key providers of security screening platforms in the global security screening market are focusing on providing automated security screening systems with advanced features.
- The manufacturers of security screening systems and integrated service providers are working together for the installation of security screening systems to provide security to infrastructure.
Market Set to Grow 2X between 2018 and 2028
Innovative advances abreast the surge in new product launches, such as the advanced biometric identification system (ABIS) that secure data in financial, government and business & retail environments; and the dual view x-ray inspection systems that enable automatic detection of explosives at security checkpoints, are key propulsions that continue to buoy the security screening landscape.
Why Emerging Markets are Centre of Attraction?
The efforts of emerging economies on developing public as well as industrial infrastructure are currently at a record-high level. This, along with surging number of projects in the aviation and military & defence sector in these economies, allude a cascade of opportunities in emerging markets for security screening solution providers.
The Broader Perspective
Continued focus of stakeholders to reach new potential customers through innovative offerings, while maintaining strong relationships with existing ones, has meant that prospects remain bright.
Explosive trace detectors continue to remain the top-selling security screening systems, with advances that enable auto-detection at high accuracy
X-ray systems will also remain a lucrative security screening system, accounting for an equal market share as that of explosive trace detectors
Gains from electromagnetic metal detectors and liquid scanners will also remain significant
Adoption of biometric systems is expected to remain sluggish.
Airports are expected to remain the leading adopters of security screening, with fast penetration of x-ray and other detection technologies into airports and aircraft cabins.
Adoption in malls is also expected to remain high, accounting for nearly 20% sales
Government buildings, border checkpoints and private office buildings will also remain lucrative areas for security screening system sales
How Growth will Unfold
Security screening system sales are expected grow at a relatively higher rate in private office buildings, where protection of voluminous sensitive data is a prime objective. Border check points are crucial areas where security is an essential requirement, with continuous flow of materials and goods that are at high risk of theft and destruction. Public recreation areas, including malls and shopping centres, will also remain attractive for security screening applications.
Private Office Buildings | Border Check Points | Malls
* This data is only a representation. Actual data may vary and will be available in report.
Click Here To Know How The Growth Will UnfoldCustom Market Research Services
FMI offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.
Overview
Security Screening Market: Global Industry Analysis 2013-2017 & Opportunity Assessment 2018-2028
A recent market study published by FMI “Security Screening Market: Global Industry Analysis 2013-2017 & Forecast 2018-2028” offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historic as well as current growth parameters of the Security Screening market, the growth prospects of the market are obtained with maximum precision.
Security Screening Market Taxonomy
The global Security Screening market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.
By System
- X-ray Screening Systems
- Explosive Trace Detectors
- Electromagnetic Metal Detectors
- Liquid Scanner
- Biometric Systems
- Face Recognition
- Voice Recognition
- Fingerprint Recognition
- IRIS Recognition
By Application
- Airport
- Government Buildings
- Border Check Points
- Educational Institute
- Private Office Building
- Malls
- Others
Region
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa
What's Included
The report commences with the executive summary of the Security Screening market, which includes a summary of the key findings and key statistics of the market. It also includes the market value (US$ million) estimates of the leading segments of the Security Screening market.
Readers can find the detailed taxonomy and the definition of the Security Screening market in this chapter, which will help them understand the basic information about the Security Screening market. This section also highlights the key inclusions and exclusions, which helps the reader understand the scope of the Security Screening market report.
The report provides the key trends that are expected to substantially impact the growth of the market during the forecast period. Detailed industry trends are provided in this section, along with key market developments or product innovations, key competition mapping, and veterinary health market outlook, which is likely to have a significant impact on Security Screening market.
This section includes the key inclusions of the report. It includes the product adoption & usage analysis, product timeline, regulatory assessment, reimbursement scenario, pipeline assessment & opportunity analysis, and manufactures’ strategies for market expansion.
This section explains the global market value analysis and forecast for the Security Screening market between the forecast period of 2013-2028. This chapter includes the detailed analysis of the historical Security Screening market, along with an opportunity analysis of the future. Readers can also find the absolute opportunity for the current year (2018 – 2019), and an incremental opportunity for the forecast period (2018 – 2028).
This chapter explains the key macro-economic factors that are expected to influence the growth of the Security Screening market during the forecast period. Along with macroeconomic factors, this section also highlights the opportunity analysis for the Security Screening market. This chapter also highlights the key dynamics of the Security Screening market, which include the drivers, restraints, and trends. Moreover, it will enable readers to understand the key trends followed by the leading manufacturers in the Security Screening market.
Based on the System, the Security Screening market is segmented into Solutions and Services. The solutions sub-segment is further segmented into X-ray Screening Systems, Explosive Trace Detectors, Electromagnetic Metal Detectors, Liquid Scanner, and Biometric Systems. The biometric systems sub-segment is further segregated into Face Recognition, Voice Recognition, Fingerprint Recognition, and IRIS Recognition. In this chapter, readers can find information about the key trends and developments in the Security Screening market and market attractiveness analysis based on the System segment.
A detailed analysis about the Applications of Security Screening in the Security Screening market has been explained in this chapter. The Applications of Security Screening have been classified into Small and Medium Enterprises (SMEs), and Large Enterprises. In this chapter, readers can find information about the market attractive analysis based on System.
This chapter explains how the Security Screening market will grow across various geographic regions, such as North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa (MEA).
This chapter includes a detailed analysis of the growth of the North America Security Screening market, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find the regional trends, regulations, and market growth based on the System, Deployments, and countries in North America.
Readers can find detailed information about several factors, such as the pricing analysis and the regional trends, which are impacting the growth of the Latin America Security Screening market. This chapter also includes the growth prospects of the Security Screening market in the leading LATAM countries such as Brazil, Mexico, and the Rest of Latin America.
Important growth prospects of the Security Screening market based on its Deployments in several countries, such as Germany, the U.K., France, Spain, Italy, Russia, Poland, and the Rest of Europe, are included in this chapter.
India, Indonesia, Thailand, and Malaysia are among the leading countries in the South Asia region, which are among the prime subjects of assessment to obtain the growth prospects of the South Asia Security Screening market in this chapter. Readers can find detailed information about the growth parameters of the South Asia Security Screening market during the period 2018-2028.
This chapter highlights the growth of the Security Screening market in the East Asia by focusing on China, Japan, and South Korea. This section also helps readers understand the key factors that are responsible for the growth of the Security Screening market in East Asia.
In this chapter, Australia and New Zealand are among the leading countries in the Oceania region, which are the prime subjects of assessment to obtain the growth prospects of the Oceania Security Screening market.
This chapter provides information about how the Security Screening market will grow in the major countries in the MEA region, such as GCC Countries, South Africa, Northern Africa, and the rest of MEA, during the forecast period 2018 - 2028.
In this chapter, readers can find detailed information about the tier analysis and market concentration of the key players in the Security Screening market, along with their market presence analysis by region and product portfolio.
In this chapter, readers can find a comprehensive list of all the leading stakeholders in the Security Screening market, along with detailed information about each company, which includes the company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are American Science and Engineering, Inc.; Analogic Corporation; Argus Global Pty Ltd.; Aware Incorporation; Digital Barriers PLC; Implant Sciences Corporation; Magal Security Systems Ltd.; OSI Systems, Inc.; Safran SA; Smithsgroup PLC; Laxton Group; NEXT Biometric; Aratek; NEC Corporation; and Cognitec, among others.
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the Security Screening market report.
This chapter helps readers understand the research methodology followed to obtain the various conclusions as well as important qualitative and quantitative information about the Security Screening market.
How the research was conducted?
Primary Research
- C - Level Executives
- Marketing Directors
- Sales Heads
- Production Managers
- Distributors Heads
- Sales Executives
- Product Manufacturers
- Distributors
- Traders
- Industry Experts
- Applications
- Current Market Dynamics and Challenges
- Market Characteristics
- Market Performance and Growth Quadrants
- Competition Structure and Market Structure
- Strategic Growth Initiatives
- Near term and long term market growth prospects
- Market Segment Splits and Authenticity
- Opinions on market projections and validity of assumptions
Secondary Research
- Industry Publications
- IET Journals
- Industrial Product Review
- Industrial Automation Magazine
- Industry Associations
- Automation Industry Association
- ISA (International Society of Automation)
- Company Press Releases
- Annual Reports and Investor Presentations
- Research Papers
- Government Websites and Publications
- Trade Websites
Primary Interview Splits
To Learn More About our Comprehensive Perspective on Security Screening Market,
Get in touch
COVID -19 : Impact Analysis
Request the coronavirus impact analysis across industries and markets
Request Covid -19 ImpactOur Clients
CASE STUDIES
See how our work makes an impact.
At FMI, we design strategies that are adaptive, impactful, and implementable.