X-RAY SECURITY SCANNER MARKET ANALYSIS

Regional Analysis

Regional Analysis of the global X-ray security scanner market

On the basis of region, the X-ray security market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America expected to account for the largest market share over the forecast period owing to presence of major players such as Astrophysics, Inc., L3 Security & Detection Systems and OSI Systems, Inc.

Apart from North America, Asia Pacific is expected to witness significant growth in the global X-ray security scanner market owing to high investments by governments in the transport infrastructure in urban areas. Moreover, investments in construction of Metrorail and airport are driving the growth of the Asia Pacific X-ray security scanner market. For instance, according to the Civil Aviation Administration of China (CAAC), in December 2018, government planned to build 450 airports to improve accessibility of air travel in China.

Moreover, in December 2019, according to the India Brand Equity Foundation (IBEF), India has invested US$ 777.73 billion in the infrastructure by 2020 for the development of the country.