Asia Pacific Security Screening Market to Reach US$ 5.61 Bn at a CAGR of 9.4% in 2027 | The Insight Partners

Asia Pacific Security Screening Market to 2027 - Regional Analysis and Forecasts by Product (X-Ray Scanner, Biometric Systems, Explosive Trace Detector, Electromagnetic Metal Detector); Application (Border Check point, Airport, Government, Public Places, Others)

Publication Month: Aug 2019 | Report Code: TIPRE00006472 | No. of Pages: 159 | Category: Electronics and Semiconductor | Status: Published

Security screening market in the Asia Pacific is expected to grow from US$ 2.40 Bn in 2018 to US$ 5.61 Bn by the year 2027 with a CAGR of 9.4% from the year 2019 to 2027.

 

The rise in the air passenger traffic has led to the expansion of airport infrastructure and increased cross-border transactions owing to rapid growth in the e-commerce industry are the key factors driving the growth of the security screening market. Moreover, the growth of the infrastructure sector in developing economies is anticipated to boost the security screening market growth in the near future. Construction & infrastructural development is considered to be one of the prime contributors to a country’s socio-economic development. The developing economies worldwide, including India, China, and Australia, among others, are experiencing a notable growth rate in commercial construction. This has resulted in the development of new commercial construction, including shopping malls, railway stations, commercial complexes, hotels, and hospitals, among others. Moreover, these economies are attracting FDIs for their infrastructural growth, which is further propelling the infrastructural development. Also, governments of China and Japan are investing heavily on the development of the infrastructural sector of other developing economies of Asia Pacific. For instance, China and Japan are investing in the infrastructure sector of the Philippines, Indonesia, Korea, Bangladesh, and Malaysia, among others. The growth in the infrastructure sector of these economies will further create a demand for enhanced security and deployment of X-ray scanners. This, in turn, is anticipated to propel the growth of security screening market.

 

Security screening market by product is classified into x-ray scanner, biometric systems, electromagnetic metal detector, and explosive trace detector. The x-ray scanner segment led the security screening market in the year 2018 with the highest market share and is expected to flourish its dominance during the forecast period. On the other hand, the electromagnetic metal detector segment has the second-highest market share in 2018 and is expected to have stable growth in the near future. In the present scenario, the electromagnetic metal detector is utilized to detect varied Products of metallic devices such as guns, bombs, brass knuckles, knives, and others for security purpose. To evade the occurrence of any unauthorized and illegal entry of the metallic objects along with the luggage bags of the individuals, the adoption of electromagnetic metal detector is rising. Moreover, adoption of electromagnetic metal detector is frequently rising at public spaces such as schools, transportation terminals, courts, and others. Also to protect world leaders, sports & cultural events.

 

China dominated the security screening market in 2018 and is expected to dominate the market with the highest share in the Asia Pacific region through the forecast period. The Chinese government is highly focused on the development of its infrastructure and has taken several measures to support the development. For instance, the country’s central government intensely pushed fiscal incentive in the form of infrastructure investments recently for sustaining economic growth. Also, China’s 13th Five Year Plan is focused on increasing investments in the country’s infrastructure. Further, the construction of the second international airport in Beijing is planned to be completed by 2019. The figure given below highlights the revenue share of the rest of Asia Pacific in the security screening market in the forecast period:

 

 

 

ASIA PACIFIC SECURITY SCREENING MARKET SEGMENTATION

By Product

  • X-Ray Scanner
  • Biometric Systems
  • Explosive Trace Detector
  • Electromagnetic Metal Detector

By Application

  • Public Places
  • Border Check point
  • Government 
  • Airport
  • Others

By Country

  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC

Security screening Market - Companies Mentioned

  • Aware, Inc.
  • Anviz Global
  • Analogic Corporation
  • Astrophysics Inc.
  • L3 Security & Detection Systems
  • Magal Security Systems Ltd.
  • Nuctech Company Limited
  • OSI Systems, Inc.
  • Smiths Detection Inc.
  • Teledyne ICM (Teledyne Technologies Incorporated)

1.              Introduction

1.1       Scope of the Study

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

1.3.1       Asia Pacific Security Screening Market – By Product

1.3.2       Asia Pacific Security Screening Market – By Application

1.3.3       Asia Pacific Security Screening Market – By Country

2.              Key Takeaways

3.              Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.              Security Screening Market Landscape

4.1       Market Overview

4.2       PEST Analysis – Asia Pacific

4.3       Ecosystem Analysis

4.4       Expert Opinion

5.              Security Screening Market – Key Industry Dynamics

5.1       Key Market Drivers

5.1.1       Rise in the air passenger traffic has led to expansion of airport infrastructure

5.1.2       Increased cross-border transactions owing to rapid growth in e-commerce industry

5.2       Key Market Restraints

5.2.1       Inconsistencies in the Security Sector

5.3       Key Market Opportunities

5.3.1       Growth of infrastructure sector in developing economies

5.4       Future Trends

5.4.1       Intense focus on developing advanced technology

5.5       Impact Analysis Of Drivers And Restraints

6.              Security Screening Market – Asia Pacific Market Analysis

6.1       Overview

6.2       Asia Pacific Security Screening Market Revenue And Forecasts To 2027 (US$ Mn)

7.              Asia Pacific Security Screening Market Analysis – By Product

7.1       Overview

7.2       Asia Pacific Security Screening Market Breakdown, By Product, 2018 & 2027

7.3       X-Ray Scanner

7.3.1       Overview

7.3.2       Asia Pacific X-Ray Scanner Market Revenue and Forecasts to 2027 (US$ Mn)

7.4       Biometric Systems

7.4.1       Overview

7.4.2       Asia Pacific Biometric Systems Market Revenue and Forecasts to 2027 (US$ Mn)

7.5       Electromagnetic Metal Detector

7.5.1       Overview

7.5.2       Asia Pacific Electromagnetic Metal Detector Market Revenue and Forecasts to 2027 (US$ Mn)

7.6       Explosive Trace Detector

7.6.1       Overview

7.6.2       Asia Pacific Explosive Trace Detector Market Revenue and Forecasts to 2027 (US$ Mn)

8.              Asia Pacific Security Screening Market Revenue and Forecasts to 2027 –By Application

8.1       Overview

8.2       Asia Pacific Security Screening Market Breakdown, By Application, 2018 & 2027

8.2.1       APAC Security Screening Market Breakdown by Application

8.3       Border Check Point

8.3.1       Overview

8.3.2       Asia Pacific Border Check Point Market Revenue and Forecasts to 2027 (US$ Mn)

8.4       Airport

8.4.1       Overview

8.4.2       Asia Pacific Airport Market Revenue and Forecasts to 2027 (US$ Mn)

8.5       Government

8.5.1       Overview

8.5.2       Asia Pacific Government Market Revenue and Forecasts to 2027 (US$ Mn)

8.6       Public Places

8.6.1       Overview

8.6.2       Asia Pacific Public Places Market Revenue and Forecasts to 2027 (US$ Mn)

8.7       Others

8.7.1       Overview

8.7.2       Asia Pacific Others Market Revenue and Forecasts to 2027 (US$ Mn)

9.              Asia Pacific Security Screening Market – Country Analysis

9.1       Overview

9.1.1       APAC Security Screening Market Breakdown, by Key Countries

9.1.1.1    China Security Screening Market Revenue and Forecasts to 2027 (US$ MN)

9.1.1.1.1    China Security Screening Market Breakdown by Product

9.1.1.1.2    China Security Screening Market Breakdown by Application

9.1.1.2    India Security Screening Market Revenue and Forecasts to 2027 (US$ Mn)

9.1.1.2.1    India Security Screening Market Breakdown by Product

9.1.1.2.2    India Security Screening Market Breakdown by Application

9.1.1.3    Japan Security Screening Market Revenue and Forecasts to 2027 (US$ Mn)

9.1.1.3.1    Japan Security Screening Market Breakdown by Product

9.1.1.3.2    Japan Security Screening Market Breakdown by Application

9.1.1.4    Australia Security Screening Market Revenue and Forecasts to 2027 (US$ Mn)

9.1.1.4.1    Australia Security Screening Market Breakdown by Product

9.1.1.4.2    Australia Security Screening Market Breakdown by Application

9.1.1.5    South Korea Security Screening Market Revenue and Forecasts to 2027 (US$ Mn)

9.1.1.5.1    South Korea Security Screening Market Breakdown by Product

9.1.1.5.2    South Korea Security Screening Market Breakdown by Application

9.1.1.6    Rest of APAC Security Screening Market Revenue and Forecasts to 2027 (US$ Mn)

9.1.1.6.1    Rest of APAC Security Screening Market Breakdown by Product

9.1.1.6.2    Rest of APAC Security Screening Market Breakdown by Application

10.           Industry Landscape

10.1    Overview

10.2    Merger & Acquisition

10.3    Market Initiative

10.4    New Development

11.           Company Profiles

11.1    Aware, Inc.

11.1.1    Key Facts

11.1.2    Business Description

11.1.3    Product & Services

11.1.4    Financial Overview

11.1.5    SWOT Analysis

11.1.6    Key Developments

11.2    Anviz Global

11.2.1    Key Facts

11.2.2    Business Description

11.2.3    Products and Services

11.2.4    Financial Overview

11.2.5    SWOT Analysis

11.2.6    Key Developments

11.3    Analogic Corporation

11.3.1    Key Facts

11.3.2    Business Description

11.3.3    Products and Services

11.3.4    Financial Overview

11.3.5    SWOT Analysis

11.3.6    Key Developments

11.4    Astrophysics, Inc.

11.4.1    Key Facts

11.4.2    Business Description

11.4.3    Product & Services

11.4.4    Financial Overview

11.4.5    SWOT Analysis

11.4.6    Key Developments

11.5    L3 Security & Detection Systems

11.5.1    Key Facts

11.5.2    Business Description

11.5.3    Products and Services

11.5.4    Financial Overview

11.5.5    SWOT Analysis

11.5.6    Key Developments

11.6    Magal Security Systems Ltd

11.6.1    Key Facts

11.6.2    Business Description

11.6.3    Products and Services

11.6.4    Financial Overview

11.6.5    SWOT Analysis

11.6.6    Key Developments

11.7    Nuctech Company Limited

11.7.1    Key Facts

11.7.2    Business Description

11.7.3    Product & Services

11.7.4    Financial Overview

11.7.5    SWOT Analysis

11.7.6    Key Developments

11.8    OSI Systems, Inc.

11.8.1    Key Facts

11.8.2    Business Description

11.8.3    Products and Services

11.8.4    Financial Overview

11.8.5    SWOT Analysis

11.8.6    Key Developments

11.9    Smiths Detection Inc.

11.9.1    Key Facts

11.9.2    Business Description

11.9.3    Product & Services

11.9.4    Financial Overview

11.9.5    SWOT Analysis

11.9.6    Key Developments

11.10  Teledyne Icm (Teledyne Technologies Incorporated)

11.10.1 Key Facts

11.10.2 Business Description

11.10.3 Product & Services

11.10.4 Financial Overview

11.10.5 SWOT Analysis

11.10.6 Key Developments

12.           Appendix

12.1    About The Insight Partners

12.2    Glossary Of Terms

 

LIST OF TABLES

Table 1.            Asia Pacific Security Screening market Revenue and Forecasts to 2027 (US$ Mn)

Table 2.            APAC Security Screening Market Revenue and Forecasts to 2027 – By Product (US$ Mn)

Table 3.            APAC Security Screening Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 4.            China Security Screening Market Revenue and Forecasts to 2027 – By Product (US$ Mn)

Table 5.            China Security Screening Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 6.            India Security Screening Market Revenue and Forecasts to 2027 – By Product (US$ Mn)

Table 7.            India Security Screening Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 8.            Japan Security Screening Market Revenue and Forecasts to 2027 – By Product (US$ Mn)

Table 9.            Japan Security Screening Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 10.         Australia Security Screening Market Revenue and Forecasts to 2027 – By Product (US$ Mn)

Table 11.         Australia Security Screening Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 12.         south Korea Security Screening Market Revenue and Forecasts to 2027 – By Product (US$ Mn)

Table 13.         South Korea Security Screening Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 14.         Rest of APAC Security Screening Market Revenue and Forecasts to 2027 – By Product (US$ Mn)

Table 15.         Rest of APAC Security Screening Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 16.         Glossary of Term: Security Screening Market

 

LIST OF FIGURES

Figure 1.          Security Screening Segmentation

Figure 2.          Security Screening Segmentation - Country

Figure 3.          Growth in Number of Air Passengers (2017-2037)

Figure 4.          Asia Pacific Security Screening Market Breakdown, By Product, 2018 & 2027 (%)

Figure 5.          Asia Pacific Security Screening Market Breakdown, By Region, 2018 (%)

Figure 6.          Asia Pacific PEST Analysis

Figure 7.          Ecosystem Analysis

Figure 8.          Expert Opinion

Figure 9.          Security Screening Market Impact Analysis of Driver and Restraints

Figure 10.       Asia Pacific Security Screening Market Revenue and Forecasts To 2027 (US$ Mn)

Figure 11.       Asia Pacific Security Screening Market Breakdown, By Product, 2018 & 2027 (%)

Figure 12.       Asia Pacific X-Ray Scanner Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 13.       Asia Pacific Biometric Systems market Revenue and Forecasts to 2027 (US$ Mn)

Figure 14.       Asia Pacific Electromagnetic Metal Detector market Revenue and Forecasts to 2027 (US$ Mn)

Figure 15.       Asia Pacific Explosive Trace Detector market Revenue and Forecasts to 2027 (US$ Mn)

Figure 16.       Asia Pacific Security Screening Market Breakdown, By Application, 2018 & 2027 (%)

Figure 17.       Asia Pacific Border Check Point Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 18.       Asia Pacific Airport Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 19.       Asia Pacific Government Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 20.       Asia Pacific Public Places Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 21.       Asia Pacific Others Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 22.       APAC Security Screening Market Breakdown by Key Countries, 2018 & 2027(%)

Figure 23.       China Security Screening Market Revenue and Forecasts to 2027 (US$ MN)

Figure 24.       India Security Screening Market Revenue and Forecasts to 2027 (US$ MN)

Figure 25.       Japan Security Screening Market Revenue and Forecasts to 2027 (US$ MN)

Figure 26.       Australia Security Screening Market Revenue and Forecasts to 2027 (US$ MN)

Figure 27.       South Korea Security Screening Market Revenue and Forecasts to 2027 (US$ MN)

Figure 28.       Rest of APAC Security Screening Market Revenue and Forecasts to 2027 (US$ MN)

 

 


The List of Companies

  1. Aware, Inc.
  2. Anviz Global
  3. Analogic Corporation
  4. Astrophysics Inc.
  5. L3 Security & Detection Systems
  6. Magal Security Systems Ltd.
  7. Nuctech Company Limited
  8. OSI Systems, Inc.
  9. Smiths Detection Inc.
  10. Teledyne ICM (Teledyne Technologies Incorporated)
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific security screening market.

  • Highlights key business priorities in order to assist companies to realign their business strategies.

  • The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific security screening market, thereby allowing players across the value chain to develop effective long-term strategies.

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

  • Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the market, as well as those hindering it.

  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.