Security Inspection Market Forecast 2031

Security Inspection Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product Type (Personnel Screening Systems, Cargo and Baggage Inspection Systems, Vehicle Inspection Systems, Others); Application (Aviation, Border Security, Critical Infrastructure Protection, Commercial Security, Others) and Geography

  • Report Code : TIPRE00014986
  • Category : Technology, Media and Telecommunications
  • No. of Pages : 150

Security Inspection Market [2021-2031] - Size, and Share

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The security inspection market size is projected to reach US$ 25.66 billion by 2031 from US$ 8.50 billion in 2023. The market is expected to register a CAGR of 14.8 % in 2023–2031. The trend in security screening, such as the growing popularity of IoT-based security cameras, is likely to remain a key security inspection market trend.

Security Inspection Market Analysis

At several checkpoints across the world, bombs, narcotics, and illicit goods are detected using security inspection technology. Businesses can identify hazardous work environments and generate reports to implement corrective measures by using safety inspection software. Perhaps rising interest, higher compensation, trend-setting improvements, and devices, in addition to efforts to draw more attention to the needs, would cause the market for security inspection equipment to increase significantly.

Security Inspection Market Overview

The likelihood of terrorist strikes against vital and public infrastructure is always increasing, and security screening has become more important across a range of industries, including government agencies, airports, and border barriers. Governments throughout the world are implementing mechanical security scannings devices, like as CT and vehicle scanners, to detect drugs, narcotics, explosives, and other ejected materials. As a result, facilities are using X-ray screening. These factors contribute significantly to the overall security inspection market growth.

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Security Inspection Market: Strategic Insights

Security Inspection Market
  • CAGR
    CAGR (2023 - 2031)
    14.8 %
  • Market Size 2023
    US$ 8.50 Billion
  • Market Size 2031
    US$ 25.66 Billion

Market Dynamics

GROWTH DRIVERS
  • Growing demand for full-body X-ray screening systems across important Facilities
FUTURE TRENDS
  • The trends in security screening, such as the growing popularity of IoT-based security cameras,
OPPORTUNITIES
  • increasing technological advancements

Key Players

  • Analogic Corporation
  • unival group GmbH
  • C E I A SpA
  • EAS Envimet Analytical Systems Ges m b H
  • Gilardoni S p A
  • Leidos
  • Nuctech Company Limited
  • OSI Systems
  • Smiths Group
  • Krystalvision

Regional Overview

Regional Overview
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Market SegmentProduct Type
  • Personnel Screening Systems
  • Cargo
  • Baggage Inspection Systems
  • Vehicle Inspection Systems
Market SegmentApplication
  • Aviation
  • Border Security
  • Critical Infrastructure Protection
  • Commercial Security
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Security Inspection Market Drivers and Opportunities

Growing Demand for Full-Body X-ray Screening Systems across Important Facilities

Due to the global increase in terrorism, government and crowded facilities now require security inspection equipment. This has increased the need for effective whole-body scanning systems to screen people, luggage, and cargo, among other things. X-ray screening expedites the scanning of a large number of people and luggage while assisting in the scanning of things without the need for human interaction. As a result, establishments like seaports, airports, train stations, and metro stations are implementing X-ray screening. ADANI provides systems for x-ray screening. This means that full-body X-ray systems are becoming increasingly common in the security inspection market due to the need for efficient scanning.

Increasing Technological Advancements

The market is expanding thanks to technological developments and the creation of sophisticated X-ray, electromagnetic, explosive trace, and other detectors and systems. The market for security inspection equipment is growing as a result of increased government spending on security measures and equipment, as well as improved security measures in certain nations. Thus, the increasing technological advancements are anticipated to present new opportunities for the security inspection market players during the forecast period.

Security Inspection Market Report Segmentation Analysis

Key segments that contributed to the derivation of the security inspection market analysis are product type and application.

  • Based on the offering, the security inspection market is segmented into personnel screening systems, cargo and baggage inspection systems, vehicle inspection systems, and others.
  • By application, the market is segmented into aviation, border security, critical infrastructure protection, commercial security, and others.

Security Inspection Market Share Analysis by Geography

The geographic scope of the security inspection market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America. In terms of revenue, North America accounted for the largest security inspection market share owing to the increasing need for elevating security levels.

Security Inspection Market Report Scope

Report Attribute Details
Market size in 2023 US$ 8.50 Billion
Market Size by 2031 US$ 25.66 Billion
Global CAGR (2023 - 2031) 14.8 %
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Product Type
  • Personnel Screening Systems
  • Cargo
  • Baggage Inspection Systems
  • Vehicle Inspection Systems
By Application
  • Aviation
  • Border Security
  • Critical Infrastructure Protection
  • Commercial Security
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Analogic Corporation
  • unival group GmbH
  • C E I A SpA
  • EAS Envimet Analytical Systems Ges m b H
  • Gilardoni S p A
  • Leidos
  • Nuctech Company Limited
  • OSI Systems
  • Smiths Group
  • Krystalvision
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Security Inspection Market News and Recent Developments

The security inspection market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for speech and language disorders and strategies:

  • In December 2022, Hikvision India launched the Next Generation X-Ray Baggage Scanner with an AI-based intelligent security inspection system. In India, it is one of the first X-ray baggage Scanners with AI-based intelligent security inspection systems to be introduced. (Source: Hikvision, Press Release)
  • In October 2023, Norfolk Southern Corporation announced to deployment of Digital Train Inspection Portals to enhance rail safety across the company's 22-state network. The portals feature cutting-edge Machine Vision Inspection technology developed in partnership with the Georgia Tech Research Institution (GTRI), which engineered the hardware, and Norfolk Southern's Data Science/Artificial Intelligence (AI) and Mechanical teams, which built the brains behind the program. (Source: Norfolk Southern Corporation, Press Release)

Security Inspection Market Report Coverage and Deliverables

The “Security Inspection Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Market dynamics such as drivers, restraints, and key opportunities
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
  • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
  • Detailed company profiles
Report Coverage

Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered

Segment Covered

Product Type and Application

Regional Scope

Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope

Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


What will be the market size of the global security inspection market by 2031?

The global security inspection market is expected to reach US$ 25.66 billion by 2031.

Which are the key players holding the major market share of the global security inspection market?

The key players holding majority shares in the global security inspection market are Analogic Corporation, unival Group GmbH, C.E.I.A. SpA, EAS Envimet Analytical Systems Ges.m.b.H., and Gilardoni S.p.A.

What are the future trends of the global security inspection market?

The trends in security screening, such as the growing popularity of IoT-based security cameras, are anticipated to play a significant role in the global security inspection market in the coming years.

What are the driving factors impacting the global security inspection market?

Growing demand for full-body X-ray screening systems across important Facilities and increasing technological advancements are the major factors that propel the global security inspection market.

What is the estimated market size for the global security inspection market in 2023?

The global security inspection market was estimated to be US$ 8.50 billion in 2023 and is expected to grow at a CAGR of 14.8 % during the forecast period 2023 - 2031.

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