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Home Business TE Insights

Security Scanning Equipment Market Worth to Reach $22 Bn by 2032

by Staff Writer
November 11, 2024
in TE Insights
0
Security Scanning Equipment Market
By GMInsight

By GMInsight

UBA
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The security scanning equipment market size is anticipated to expand at over 7% CAGR from 2023 to 2032.

The growing importance of cybersecurity has prompted organizations to adopt different scanning equipment to detect electronic threats and vulnerabilities in digital systems.

The ongoing proliferation of cyber threats has also pushed organizations to secure physical access points and protect against cyber-physical attacks.

The integration of cybersecurity measures with physical security is becoming increasingly essential, leading to the surging demand for advanced security scanning equipment with multi-layered protection.

Moreover, continuous innovations for improved accuracy, speed, and reliability of security scanning equipment in the detection of threats, such as explosives, weapons, and contraband will also contribute to the market growth.

For instance, in August 2022, Smiths Detection, a global leader in security inspection technologies, installed around 30 HI-SCAN 6040 CTiX carry-on screening systems at Rome’s Leonardo da Vinci International Airport.

The overall security scanning equipment market is segmented into product type, application, end-use, and region.

Based on product type, the market size from the computed tomography (CT) scanners segment may gain significant traction through 2032. CT scanners are revolutionizing the security screening space by providing high-resolution 3D imaging capabilities for enabling effective threat detection.

The continuous innovations in CT scanner technology have made way for reduced radiation exposure, faster scanning speeds, and streamlined user interfaces. Governments and security agencies worldwide are also recognizing the significance of the scanners in maintaining public safety and safeguarding critical assets.

Security scanning equipment market from the industrial end-use segment is poised to expand at notable pace through 2032.

The heightened emphasis on workplace safety, compliance with regulations, and the incessant need to protect valuable machinery and goods is spurring the adoption of security scanning solutions.

Moreover, the growth of e-commerce and global supply chains has increased the demand for efficient cargo and parcel inspection systems to prevent contraband and dangerous items from entering the facilities.

Regionally, the Asia Pacific security scanning equipment market is expected to witness robust growth by 2032 owing to the thriving e-commerce sector that relies on efficient cargo and parcel inspection systems to ensure secure logistics operations.

The bustling transportation hubs, including airports, seaports, and railway stations are witnessing increased adoption of security scanning equipment to enhance safety and streamline operations, influencing the market growth.

To cite an instance, in December 2022, the Bureau of Civil Aviation Security (BCAS) disclosed plans to implement technical guidelines to allow airports to adopt cutting-edge hardware and technology, such as computer tomography, neutron beam technology, and dual x-ray.

[Source]

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