Airport Security Screening Market: Smiths Group, L3 Security & Detection and OSI Systems to Lead the Market

Airport Security Screening Market to reach $7.49 Bn by 2028

Evolve Business Intelligence has published a new market research report on “The global Airport Security Screening market was estimated to be USD 3.26 billion in 2020 and is anticipated to grow at a CAGR of 10.42% from 2021 to 2028”

For more information on the report: https://evolvebi.com/product/airport-security-screening-market-analysis-and-global-forecast-2021-2028-with-covid-impact-analysis/

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the Airport Security Screening market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

In terms of COVID 19 impact, the Airport Security Screening market report also includes the following data points:

  • COVID19 Impact on Airport Security Screening market size
  • End-User/Industry/Application Trend, and Preferences
  • Government Policies/Regulatory Framework
  • Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
  • Opportunity in Airport Security Screening market

Analyst View

According to Parimal, Principal Analyst, Evolve Business Intelligence, “the recent COVID scenario had negatively impacted the market. Due to the travel restriction and lockdown imposed at country level worldwide the number of travelers had reduced drastically. The people are avoiding travelling due to pandemic. This has impacted significantly in the Airport Security Screening Market”

Competitive Scenario
Some of the major Airport Security Screening players holding high market share include Smiths Group, L3 Security & Detection and OSI Systems Inc. These players use collaboration and partnership as a key strategy to gain significant market share to compete with market leaders.

Segmental Analysis
Airport Security Screening market is analyzed across the below-mentioned segments:

  • Product
    • X-Ray & Biometric Screening System
    • EDT
    • Metal Detector
  • Application
    • Airport
    • Government
    • Border Security
    • Education
    • Others

Report Coverage
The study also contains a comprehensive value chain, as well as details on the key factors affecting the market growth (drivers, constraints, and opportunities). Furthermore, the report includes 10 key players in the Airport Security Screening market ecosystem that have been strategically profiled, along with the market ranking/share for major players. Under the company profile section, the company’s core competencies have been comprehensively analyzed, along with detailing the competitive landscape for the market players, and the strategies such as partnerships and collaboration, acquisitions, product launches and developments, contracts, and business expansion adopted by them to grow in the market.

The key players profiled in the report are:

  • American Science and Engineering
  • Analogic Corporation
  • Argus Global Pty Ltd
  • Aware Incorporation
  • Digital Barriers plc
  • Implant Sciences Corporation
  • Magal Security Systems
  • OSI Systems, Incorporation
  • Safran
  • Smiths Group

To request a free sample report, click on the “Request Sample PDF” button on https://evolvebi.com/product/airport-security-screening-market-analysis-and-global-forecast-2021-2028-with-covid-impact-analysis/

Research Methodology
This research study makes substantial use of secondary sources, archives, and databases (such as annual reports, news releases, magazines, Trademap, company websites, and other paid databases) to classify and gather information valuable for this analysis. The entire process involves a review of top industry participants’ financial records. Following the determination of the overall market size, the total market was divided into several segments and sub-segments, and this information was then verified through key industry specialists such as CEOs, directors, VPs, and marketing executives.

Report Objectives

  • To define, describe, and forecast the Airport Security Screening market, in terms of value, segmented on the basis of indication, type, technology, and geography
  • To forecast the market size across 4 key regions—Asia Pacific (APAC), North America, Europe, and Rest of the World (RoW)
  • To provide detailed information regarding drivers, restraints, and opportunities, in the Airport Security Screening market
  • To provide an overview of the value chain analysis pertaining to the Airport Security Screening industry
  • To strategically analyze each segment and subsegment with respect to individual overall growth trends and their contribution to the overall Airport Security Screening market
  • To analyze opportunities in the market by identifying high-growth segments of the Airport Security Screening market
  • To profile key players in the Airport Security Screening market and comprehensively analyze their core competencies
  • To analyze competitive developments such as partnerships, product launches and developments, contracts, and mergers and acquisitions carried out in the global Airport Security Screening market

 

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