Security Screening Market Analysis, Trends, and Scope 2024 to 2031
Security Screening Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 9.89 Billion |
Market Size by 2031 | US$ 17.37 Billion |
Global CAGR (2023 - 2031) | 7.30% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Product
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Security Screening Market News and Recent Developments
The Security Screening 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:
- The Transportation Security Administration (TSA) and the Department of Homeland Security (DHS) Science and Technology Directorate (S&T) unveiled a prototype checkpoint technology, the self-service screening system, at Harry Reid International Airport (LAS) in Las Vegas. TSA PreCheck® passengers at TSA’s Innovation Checkpoint will be the first travelers to have the option to use the new system starting in mid-March when the testing begins. The same rigorous screening standards and rules required of passengers using the TSA PreCheck lanes apply to the self-screening lane.
(Source: Transportation Security Administration, Press Release, 2024)
- OSI Systems, Inc. ("OSI Systems" or the "Company") (NASDAQ: OSIS) announced that its Security division received a $5 million order to provide 920CT baggage screening technology for passenger checkpoints at a leading European international airport.
(Source: OSI Systems, Inc., Company Website, 2024)
Security Screening Market Report Coverage and Deliverables
The “Security Screening 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