U.S. Markets close in 2 hrs 20 mins

Global Full-Body Scanner Market Analysis & Outlook 2019-2023 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--

The "Global Full-Body Scanner Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

Security concerns in transportation hubs and industrial facilities

Security is a primary concern for high-value industries such as diamond mining, wherein the traditional methods may prove ineffective or can be regarded as inhumane. This has resulted in an increase in the adoption of full-body scanners for detecting smuggled diamonds, gold, and other valuables on or within the body.

These events have contributed to a tense environment and bolstered the demand for full-body scanners as per the custom specifications of facility management, law enforcement, and homeland security agencies. Such factors will lead to the expansion of the global full-body scanner market at a CAGR of over 7% during the forecast period.

Integration of Al tools in scanning technologies

Numerous research programs are underway to employ Al capabilities into explosive detection equipment and full-body scanners. An Al-driven solution enables significant augmentation in inspection precision, thus greatly enhancing the overall efficiency.

The evolving implementation of Al is anticipated to incorporate airport-level screening in venues that were previously unsafe due to space constraints. This development is expected to have a positive impact on the overall market growth.

Market Dynamics

The report looks at factors such as increasing global passenger traffic, security concerns in transportation hubs and industrial facilities, stringent security mandates by government authorities.

However, the decline in the adoption of full-body scanners due to budget constraints, concerns regarding privacy and health of passengers, bottleneck caused by operational limitations of scanners may hamper the growth of the full-body scanner industry over the forecast period.

Segments Analyzed

The full-body scanner market analysis considers sales from both ground-mounted scanner and vehicle-mounted scanner. The analysis also considers the sales of the full-body scanner in APAC, Europe, North America, South America, and MEA.

In 2018, the ground-mounted scanner segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as growing installations at new terminals of prominent airports to accommodate the rising passenger traffic will play a significant role in the ground-mounted scanner segment to maintain its market position.

Competitive Landscape

With the presence of several major players, the global full-body scanner market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading full-body scanner manufacturers, that include:

  • Adani Systems
  • L3Harris Technologies
  • QinetiQ Group
  • Smiths Group
  • Westminster Group

Also, the full-body scanner market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Key Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Comparison by product
  • Ground-mounted scanner - Market size and forecast 2018-2023
  • Vehicle-mounted scanner - Market size and forecast 2018-2023
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

  • Integration of AI tools in scanning technologies
  • Emergence of laser spectroscopy detection technology
  • Advent of wearable explosive detection equipment

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Adani Systems
  • L3Harris Technologies
  • QinetiQ Group
  • Smiths Group
  • Westminster Group

For more information about this report visit https://www.researchandmarkets.com/r/y3c7ya

View source version on businesswire.com: https://www.businesswire.com/news/home/20190813005333/en/