The global urban security screening market was valued at $8,624.7 million in 2021, and is projected to reach $22,273.6 million by 2031, registering a CAGR of 10.11% from 2022 to 2031. The primary objective of installing urban security screening devices is to provide safety & security to people and their property.
The key factor that drives the growth of the urban security screening market include increase in security concerns among regions. Surge in adoption of security screening in government buildings. Crime activities, such as terrorism, drug & weapon smuggling, and illegal immigration, are increasing rapidly and affecting the operational efficiency, security regulations, and standards across the world. To turn down the crime rate, many governments and private agencies are integrating high security standards in their operating regions by deploying security screening process with security personnel and security screening devices, which help in solving complex security needs. Rise in security threats and surge in concerns pertaining to public safety have given a scope to increase the adoption of security and screening devices.
The urban security screening market is segmented on the basis of type, end use. By type, the market is divided into baggage scanners, vehicle scanners, cargo scanners, cbrn detection, explosive/narcotics detectors, and trace detectors. By end use, the market is fragmented into government buildings, airports, educational institutes, public places, and others. Region-wise, the urban security screening market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (U.K., Germany, France, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
The key players operating in the market include Smiths Group PLC, Astrophyics, Rapiscan, Leidos, Hitachi, Environics, Proengin, Bruker Daltonics, Thermofisher and Thruvision.
The key factor that drives the growth of the urban security screening market include increase in security concerns among regions. Surge in adoption of security screening in government buildings. Crime activities, such as terrorism, drug & weapon smuggling, and illegal immigration, are increasing rapidly and affecting the operational efficiency, security regulations, and standards across the world. To turn down the crime rate, many governments and private agencies are integrating high security standards in their operating regions by deploying security screening process with security personnel and security screening devices, which help in solving complex security needs. Rise in security threats and surge in concerns pertaining to public safety have given a scope to increase the adoption of security and screening devices.
The urban security screening market is segmented on the basis of type, end use. By type, the market is divided into baggage scanners, vehicle scanners, cargo scanners, cbrn detection, explosive/narcotics detectors, and trace detectors. By end use, the market is fragmented into government buildings, airports, educational institutes, public places, and others. Region-wise, the urban security screening market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (U.K., Germany, France, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
The key players operating in the market include Smiths Group PLC, Astrophyics, Rapiscan, Leidos, Hitachi, Environics, Proengin, Bruker Daltonics, Thermofisher and Thruvision.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the urban security screening market analysis from 2021 to 2031 to identify the prevailing urban security screening market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the urban security screening market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global urban security screening market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Product Type
- Trace Detectors
- Baggage Scanners
- Vehicle Scanners
- Cargo Scanners
- CBRN Detection
- Explosive/narcotics Detectors
By End Use
- Government Buildings
- Airports
- Educational Institutes
- Public Places
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Rest Of Asia Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Smiths Group plc
- astrophysics inc
- rapiscan systems
- autoclear
- Ledios
- nuctech company limited
- Hitachi,Ltd
- environics, inc.
- Proengine
- Bruker Daltonics
- bruker daltonics
- Thermofisher
- Thruvision
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: URBAN SECURITY SCREENING MARKET, BY PRODUCT TYPE
CHAPTER 5: URBAN SECURITY SCREENING MARKET, BY END USE
CHAPTER 6: URBAN SECURITY SCREENING MARKET, BY REGION
CHAPTER 7: COMPANY LANDSCAPE
CHAPTER 8: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to the report, titled, “Urban Security Screening Market," the urban security screening market was valued at $8.6 billion in 2021, and is estimated to reach $22.3 billion by 2031, growing at a CAGR of 10.1% from 2022 to 2031.Urban security screening enables the assurance from threats against unethical and unlawful practices. Urban security screening devices ensure safety against unethical and unlawful activities and protect financials and humans. Rise in need for tsa precheck and airport security check,drive the demand for security equipment, such X-ray system, hand-held detectors, and explosive detectors, is expected to provide growth opportunities for the urban security screening market size. Technological advancements in the urban security screening market may favorably impact the market growth over the coming years. Many countries have increased spending on new security equipment to advance their security measures.
Urban security screening industry have gained high traction in the government sector, homeland security, educational institute, industrial, and residential sector. For instance, rise in number of smart cities has created the need for security systems while increase in airports boosts the growth of the urban security screening market. Urban security screening has become an important part to detect land mines and weapons, such as guns, blade, and knife, especially in airport security. They are further used for identification purposes at offices and educational institutes. Detection of explosives at airports, seaports, and land borders is an essential task to prevent terrorism and organized crimes.
However, installation, manufacture, and maintenance cost of urban security screening devices is high, owing to complex design and high. Hence, need for such high costs associated with urban security screening products may hamper growth of the market. Conversely, new trends in security devices, such as computed tomography inspection and inbuilt alarm, favor the market growth. In addition, increase in terrorism and rise in illegal activities & fraud boost the use of urban security screening devices. Moreover, the need and use of security screening devices are increasing, which notably contribute toward the urban security screening market growth. For instance, X-ray security systems are used in the government sector and aeronautics industry; handheld detectors are used in airports; and biometric systems are used in many offices and educational institutes.According to urban security screening market analysis, the baggage scanners segment is anticipated for largest urban security screening Market Share, in 2021, owing to wide application of baggage screening in airport, hotels, multiplexes, railway station, metro stations, and cinema theatres is fueling their demand. Additionally, the explosive/narcotics detectors segment is expected to grow at the highest CAGR during the forecast period, owing to growing demand for detection and identification of extensive range of explosives (military or commercial) and narcotics in military applications, airports, ports, border checkpoints, police stations, prisons, and government buildings.
The outbreak of COVID-19 has significantly impacted the growth of the urban security screening sector in 2020, owing to significant impact on prime players operating in the supply chain. On the contrary, the market was principally hit by several obstacles amid the COVID-19 pandemic, such as lack of skilled workforce availability and delay or cancelation of projects due to partial or complete lockdown, globally. Country wise, China holds a significant share in the urban security screening market, owing to the presence of prime players. Major organizations and government institutions in the country are intensely putting resources into these urban security screening these prime sectors has strengthened the growth of the urban security screening market in the region.
Key Findings of the Study
- In 2021, the baggage scanners segment accounted for maximum revenue, and is projected to grow at a notable CAGR during the forecast period.
- The airports segment accounted for around 23.85% of the urban security screening market trends in 2021.
- Asia-Pacific contributed for the major share in the home automation and controls market, accounting for highest revenue share in 2021.
- The key players profiled in the report include Smiths Group PLC, Astrophyics, Rapiscan, Leidos, Hitachi, Environics, Proengin, Bruker Daltonics, Thermofisher and Thruvision. Market players have adopted various strategies, such as product launch, collaboration& partnership, joint venture, and acquisition to expand their foothold in the urban security screening market.
Companies Mentioned
- Smiths Group plc
- Astrophysics Inc
- Rapiscan Systems
- Autoclear
- Ledios
- Nuctech Company Limited
- Hitachi,Ltd
- Environics, Inc.
- Proengine
- Bruker Daltonics
- Bruker Daltonics
- Thermofisher
- Thruvision
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 268 |
| Published | August 2022 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 8624.7 million |
| Forecasted Market Value ( USD | $ 22273.6 million |
| Compound Annual Growth Rate | 10.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 13 |
