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What is the current size of the global security screening market

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 %.<br><br>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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What is the current size of the global security screening market

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  1. MarketsandMarkets Presents Security Screening Market with Covid-19 Impact Analysis by Technology (X-Ray, Metal Detection, Biometric, Spectrometry, Spectroscopy), End Use, Application (People Screening, Baggage & Cargo Screening, Vehicle Inspection), Region - Global Forecast to 2026 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 %

  2. MarketsandMarkets Presents 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. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=264685413 Biometric technology to hold the largest market share during the forecast period in the security screening market The biometric systems segment holds the largest share of the security screening market. Biometric technology has evolved from fingerprint scanners to facial recognition. Thus, its demand is on the rise for security screening purposes to enable authorities to screen a person accurately. 

  3. MarketsandMarkets Presents The use of security screening systems for transportation application is expected to witness the highest growth rate during the period 2021 and 2026 The rising passenger traffic has made it essential to regularly and rigorously inspect people, cargo, baggage, and vehicles. Individual and baggage screening is very important at airports and other transit locations, while cargo screening plays an important role in preventing illegal activities at seaports. Many countries are focusing on installing security measures at airports, bus depots, and train stations due to the increasing incidents of terrorist attacks and crimes

  4. MarketsandMarkets Presents North America to hold the largest share of the security screening market during the forecast period North America is expected to be the leading security screening market due to the presence of various market players, such as OSI Systems (US), Leidos (US), Aware Incorporation (US), and Analogic Corporation (US). These players deal in security screening products such as X-ray scanners, metal detectors, and biometric systems, and are working toward the development of new products and technology enhancements. 

  5. MarketsandMarkets Presents The report profiles key 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). Know more @ https://www.marketsandmarkets.com/Market-Reports/security-screening-market-264685413.html

  6. MarketsandMarkets Presents About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

  7. MarketsandMarkets Presents MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact:Mr. AashishMehraMarketsandMarkets™ INC.630 Dundee RoadSuite 430Northbrook, IL 60062USA : 1-888-600-6441

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