As cited by the research report titled ‘Global x-ray security screening systems market Size study, by End-use (Transit, Commercial, Government), by Application (People Screening, Product Screening), and Regional Forecasts 2021-2027’, available with MarketStudyReport, global x-ray security screening systems market is projected to grow with a strong CAGR to garner significant returns over 2021-2027.
 

Increasing number of large shopping malls coupled with rising demand for solutions that can accurately and quickly scan people and their belongings is a major factor driving global x-ray security screening systems market growth.
 

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Hypermarkets and mega retail malls have been gaining significant popularity in both developed and emerging economies. This in consort with technological advancements in x-ray security screening systems are further generating lucrative prospects for the market scenario.
 

For the record, the government, aviation, and business sectors, like banks, retail malls, institutes, and hotels widely use x-ray security equipment. X-ray security screening equipment are commonly used in the airline industry as they can successfully scan and detect any object in the baggage or below a person's clothing. 
 

Speaking of the negatives, high cost of these systems and lack of reliable supporting infrastructure are likely to impede the market progression over the estimated timeline.
 

Based on the end user range, global x-ray security screening systems industry space is segmented into transit, government, and commercial. Considering the application ambit, the marketplace is categorized into people screening, and product screening.
 

The geographical analysis of the industry includes regions like Asia Pacific, Europe, North America, and Latin America.
 

North America market is likely to garner considerable returns over the assessment period 2021-2027, on account of rising demand for baggage and people scanning solutions from the transportation sector in the region. Meanwhile, Europe is expected to exhibit the highest growth rate over the analysis period, owing to increasing demand for advanced security solutions across the transportation terminals in the region.
 

Major players profiled in the global x-ray security screening systems industry space are American Science and Engineering Inc, YXLON International GmbH, Vanderlande Industries B.V., Nuctech Company Ltd., Gilardoni S.P.A., Vidisco Ltd., OSI Systems Inc., Leidos Holdings Inc., Astrophysics Inc., and Analogic Corporation.