The South America airport x-ray security screening system market is expected to grow from US$ 97.81 million in 2021 to US$ 118.04 million by 2028; it is estimated to register a CAGR of 2.7% from 2021 to 2028.
The growing number of airports and increase in tourist count and passenger traffic are boosting the demand for airport X-ray screening systems to ensure optimum security amid high passenger inflow. However, inadequate information, privacy concerns, and health concerns hamper the South America airport x-ray security screening system market growth.
Governments across the world are striving to bring advancements in the aviation sector and associated industries. Growing investments in the construction of newer airports and expansion of existing ones encourage the adoption of enhanced security solutions for better operations. The surge in security breaches at airports is generating a substantial demand for high-tech security solutions such as baggage scanners and passenger scanners. This is catalyzing the airport x-ray security screening market. In addition, numerous governments are heavily emphasizing the construction of newer airports to cater to the growing volume of air travel passengers. The inclination toward the deployment of advanced security systems across newly constructed airports is expected to generate substantial demands for the airport x-ray security screening systems. Moreover, the deployment of smart technologies will also help the airport authorities to accommodate a higher volume of passengers and ease their movement through seamless baggage scanning and hassle-free individual scanning. Many airports in North America are currently deploying and integrating advanced technologies in processes such as baggage management, cargo handling, loading, and ramp management to enable passengers, airport staff, airline crews, and other individuals to operate smoothly.
Upon the onset of the COVID-19 pandemic, lockdowns were implemented in different South American countries, resulting in travel bans, which hampered the operations of flights (except cargo aircraft). The nonfunctioning or limited functioning of airports led to deflation in their revenues. Thus, the airport x-ray security screening system market experienced a slump in growth in 2020. However, with the relaxation in lockdown rules, domestic flights have begun operating, slowly adding to the deployment of x-ray security screening systems at the airports. Governments of South American countries are taking several initiatives to protect people and contain COVID-19’s spread in the region. Amid the pandemic, different airport authorities have placed orders for effective airport x-ray security screening systems for passenger screening, which is contributing to the growth of the x-ray security screening system market in South America.
South America Airport X-Ray Security Screening System Market Revenue and Forecast to 2028 (US$ Mn)
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
SOUTH AMERICA AIRPORT X-RAY SECURITY SCREENING SYSTEM MARKET SEGMENTATION
By Component
- Solutions
- Services
By Type
- Baggage Screening
- People Screening
By Country
- Brazil
- Rest of SAM
Company Profiles
- Nuctech Company Limited
- OSI Systems, Inc
- Leidos
- Astrophysics Inc.
- VOTI Detection Inc.
- Smiths Detection Group Ltd.
- Pexray Oy
South America Airport X-Ray Security Screening System Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 97.81 Million |
| Market Size by 2028 | US$ 118.04 Million |
| CAGR (2021 - 2028) | 2.7% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Component
|
| Regions and Countries Covered |
South and Central America
|
| Market leaders and key company profiles |
|
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Regional, Country
- Industry and Competitive Landscape
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