Security Screening Market Analysis, Share Segmented Outlook And Overview Research by 2020

1. Security Screening Market Analysis, Share Segmented Outlook And Overview Research by 2020 “Security screening market is considered as one of the most important sectors as it involves the individual’s security at places such as airports, railways, stadiums, public places, border checkpoints, government applications, and private sectors, among others.” The global Security Screening Market is expected to reach $9.10 Billion by 2020; at an expected compound annual growth rate (CAGR) of 9.46% from 2014 to 2020. Security screening market is considered as one of the most important sectors as it involves the individual’s security at places such as airports, railways, stadiums, public places, border checkpoints, government applications, and private sectors, among others. Security screening helps to avoid financial, economic, and human loss. There has been an increase in unethical and unlawful practices in the world and this can be controlled with the help of the security screening products such as full body X-ray scanners, explosive trace detectors, electromagnetic metal detectors, and the biometric technology. Biometrics technology is known in all the fields and is used more atairports and private sectors, such as forpassports and in office premises. The important aspect of this technology is that it can be used with different measures such asface scanner, voice scanner, iris scanner, retina scanner, and fingerprint scanner. E-passports use biometrics technology;the initial E-passport was issued in Malaysia in March 1998. Since 2004, there has been a steady flow of countries joining the ranks of E-passport issuers. As of 2014, there are more than 100 countries using E-passports. This basically ensures the security and safety measures at airports and reduces use of fake passports. Recently, India announced that it will be issuing E- passports from 2015. Thus, the use of biometrics is increasing with the increasing need of security screening. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=264685413

2. Security screening market is growing well at airports, public places, and private sectors as compared to the other major application areas. The increasing number of airports is increasing the need for security screening. In terms of the number of airports , the U.S.stands first, accounting for ~32% of the total airports in the world;followed by Brazil, Mexico, and Canada with ~10%, ~4%, and ~4% respectively. The security screening is done more atairports as compared to the other application areasof this market;thus, there is a huge scope for this market to grow in the aviation segment. There is a growing need for security screening in the public and private segments. Ensuring people’s safety at public places such as malls, hotels, casinos, hospitals, and banks is of utmost importance, so as to avoid terrorism and unlawful activities. The security screening market is expected to witness more demand in the APAC region followed by North America as compared to the Europe and the Rest of the world, in the coming years. APAC is expected to grow ata CAGR of 10.14%, followed by North America, with a CAGR of 10.03% from 2014 to 2020. The total requirement of security screening is more in APAC as compared to other regions due to reasons such asthe increasing number of terrorism and unlawful activities, greaternumber of public places and private sectors, among others. Request Sample Copy of this Market Research @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=264685413 Asia-Pacific stands first in terms of the CAGR in the security screening market. North America has been identified as the leader in the market in terms of the market size, with the U.S leading the way. Europe is a promising market, comprising Germany and the U.K.; while the ROW also presents a driving factor toward the growth of this market with Brazil and Argentina. The report profiles the 10 major players in the security screening market ecosystem. The competitive landscape of the security screening market presents anoverall scenario, where major players such asSmiths Group plc. (U.K.) and Safran SA (France)play a major role. The market is witnessing agreements, contracts, and product launches across its value chain, among a number of tier-one players around the globe. SafranSA (France) developed‘Finger on the Fly’, which is the world’s fastest contactless four finger scanner. Smiths Detection (U.K.)came up with an advanced dual-view X-ray inspection systemfor automatic explosive detection at security checkpoints where bags and personal belongings are screened. Thus, the market players are constantly working toward new and innovative product offerings. The major players in thesecurity screening market are American Science and Engineering, Inc. (U.S.), Analogic Corporation (U.S.), Argus Global Pty Ltd (Australia), Aware Incorporation (U.S.), Digital Barriers plc. (U.K.), Implant Sciences Corporation (U.S.), Magal Security Systems Ltd (Israel), OSI Systems, Incorporation (U.S.), Safran SA (France), and Smiths Group plc. (U.K.

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