Lucintel Forecasts The Global Security Detection System Market To Reach $9 Billion By 2030

By Author: Lucintel LLC
Total Articles: 5537
Comment this article

According to a market report by Lucintel, the future of the global security detection system market looks promising with opportunities in the airport, ports and borders, military, and critical infrastructure industries markets. The global security detection system market is expected to reach an estimated $9 billion by 2030 from $6 billion in 2023 at a CAGR of 7.3% from 2023 to 2030. The major drivers for this market are growing concerns about security threats, including terrorism, cyber-attacks, and vandalism, rise of smart cities and the development of new infrastructure, and increasing regulatory requirements and compliance standards for security and safety in various industries.
A more than 150-page report to understand trends, opportunity and forecast in global security detection system market to 2030 by product type (x-ray screening systems, trace detection system, metal detectors, and other systems), application (product screening and public screening), end use industry (airports, ports and borders, critical infrastructure, military and emergency responder, and other end uses), and region (North America, Europe, ...
... Asia Pacific, and the Rest of the World).
Lucintel forecasts that airport is expected to witness higher growth over the forecast period due to growing air traffic rate and new airport construction across the globe.
Within this market, x-ray screening systems is expected to witness the higher growth due to the increasing use of these systems in airports, ports and borders, and critical infrastructure for luggage checking and people screening.
Download sample by clicking on security detection system market.
Smiths Group, Nuctech Company, OSI Systems, L3 Harris, Leidos, Bruker, Garrett Electronics are the major suppliers in the security detection system market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
Explore Our Latest Publications
Employee Benefit Broker Market
Federated Learning Market
Government Education Market
Language Service Market
Modular UPS Market
Postal Automation System Market