North America Security Inspection Market Growth and Forecast by 2027

The security inspection market in North America is expected to grow from US$ 1,830.0 million in 2019 to US$ 2,500.8 million by 2027; it is estimated to grow at a CAGR of 4.4% from 2020 to 2027.

The US, Canada, and Mexico are major economies in North America. Rising acceptance of vehicle inspection system at border checkpoints is driving the North America security inspection market in a positive way. Owing to rising trade through roadways and surge in intercity travel among the population the governments of various countries are implementing security measures across borders to avoid illegal entry of people or materials. The adoption of vehicle inspection system enables the border security team to check all vehicles crossing borders without involving manpower. This reduces the risk of omission due to human eyes or any other unauthorized proceedings between border officials. These factors are promoting the adoption of vehicle inspection systems across border checkpoints; thereby, contributing to the North America market growth. For instance, Vehant Technologies, offers NuvoScan, an under vehicle scanning system specially designed for detecting terror activities and threats. The solution is integrated with artificial intelligence and machine learning algorithms to efficiently scan vehicles across all checkpoints across North America. With the reduction in time taken to scan the vehicle, the system also enables to reduce human interference and cost in the long run. Hence, as a result, rising acceptance of vehicle inspection system at border checkpoints is further expected to create a significant demand for security inspection in the coming years, which is further anticipated to drive the security inspection market in North America.

The ongoing COVID-19 pandemic is having a devastating impact over North America.  At presently, the US is the world’s worst-affected country due to the COVID-19 pandemic. North America has the highest adoption of new technologies owing to favorable government policies to boost the innovation and strengthen the infrastructure capabilities. Therefore, any impact on industries is expected to affect the economic growth of the region. Due to the shutdown of businesses and delay in procurement activities in the last six months of 2020, the market is significantly impacted. Moreover, the falling GDP is another factor negatively impacting the growth of the security inspection market. The COVID-19 crisis has drastically impacted the operations across the value chain, from supplier networks to the customer delivery experience. Moreover, this has influenced the adoption of contactless security inspection systems across the country to comply with both safety regulation and social distancing norms laid down by the respective government body. However, the impact of COVID-19 is short-term and is likely to decrease in the coming years.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America security inspection market. The North America security inspection market is expected to grow at a good CAGR during the forecast period.

North America Security Inspection Market Segmentation

North America Security Inspection Market – By Product Type

• Personnel Screening Systems
• Cargo and Baggage Inspection Systems
• Vehicle Inspection Systems
• Others

North America Security Inspection Market – By Application

• Aviation
• Border Security
• Critical Infrastructure Protection
• Commercial Security
• Others

North America Security Inspection Market, by Country

• US
• Canada
• Mexico

North America Security Inspection Market - Companies Mentioned

• ADANI
• Analogic Corporation
• C.E.I.A. SpA
• Leidos
• Nuctech Company Limited
• OSI Systems, Inc.
• Smiths Group plc

North America Security Inspection Report Scope