SAN FRANCISCO, Aug. 20, 2021 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Airport Passenger Screening Systems – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 8; Released: April 2021
Executive Pool: 428
Companies: 42 – Players covered include American Science and Engineering, Inc. (AS&E); Analogic Corporation; Autoclear LLC; CEIA USA Ltd.; L-3 Communications Holdings, Inc.; Nuctech Co., Ltd.; Rapiscan Systems; SDI and Others.
Coverage: All major geographies and key segments
Segments: Segment (Metal and Explosive Detection Systems, Advanced Imaging Systems)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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ABSTRACT-
Global Airport Passenger Screening Systems Market to Reach $2.6 Billion by 2026
Amid the COVID-19 crisis, the global market for Airport Passenger Screening Systems estimated at US$2.2 Billion in the year 2020, is projected to reach a revised size of US$2.6 Billion by 2026, growing at a CAGR of 2.7% over the analysis period. Metal & Explosive Detection Systems, one of the segments analyzed in the report, is projected to record 2.9% CAGR and reach US$1.7 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Advanced Imaging Systems segment is readjusted to a revised 2.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $606.4 Million in 2021, While China is Forecast to Reach $508.2 Million by 2026
The Airport Passenger Screening Systems market in the U.S. is estimated at US$606.4 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$508.2 Million by the year 2026 trailing a CAGR of 5% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.6% and 2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.2% CAGR. More
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Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]
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SOURCE Global Industry Analysts, Inc.
