Security Screening Market - Forecast(2021 - 2026)
The global security screening market generated a revenue of $8269.13 million in 2017 and is expected to rise with a CAGR of 7.3% during the forecast period 2018-2023. The security screening X-ray system generated a revenue of $1643.8 million and is projected to grow at a CAGR of 3.1% during 2018-2023. X-ray system would continue to dominate the market followed by body scanner and explosive trace detector. The increase in threat from terrorist activities, tightening security policies at transportation terminals and emergence of high speed sensors are propelling the security screening market. What are Security Screening? Security systems involve an electronic, visual, or manual inspection of persons, vehicles, packages, and containers for the purpose of detecting the possession of illegal, prohibited, or other dangerous items into a secure area within a facility. Security screening systems have been assisting in threat recognition to safeguard people, airports and any public events agai