Growing Demand in Developing Countries Stimulating Growth in the Global X-Ray Security Screening Market: Technavio Report

Renewable energy

 

  • The key vendors in the Global X-Ray Security Screening Market 2015-2019 are American Science and Engineering Inc., L-3 Communications Corp., Rapiscan Systems Inc. and Smiths Detection Inc.

London, 02 December 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global X-Ray Security Screening Market 2015-2019.   One major trend in this market is the availability of integrated screening systems. With advances in technology, vendors are integrating traditional security screening and scanning products with X-ray screening systems. This helps in enhancing the level of security and simplifies the inspection process for officials. The Global X-ray Security Screening market is expected to grow at a CAGR of 5.1 percent during the forecast period of 2014-2019.

“Currently, there is high adoption of X-ray screening systems in developed countries such as the US because they offer advanced security,” says Faisal Ghaus, Vice President of TechNavio Research.

“With the increase in the number of intrusions and the transportation of illegal goods, the need for advanced security solutions is also rising in the developing countries.”

To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance. 

https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…