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.
With the rise in terrorism, security inspection equipment have become necessary across the crowded and government facilities; thus, increasing the demand for efficient and full body scanning systems for screening humans, baggage, and cargoes, among others. X-ray screening helps in scanning objects without human intervention and scans large number of individuals and baggage in less time. Therefore, X-ray screening is being adopted among facilities such as metro stations, railways stations, airports, and sea ports. ADANI offers x-ray screening systems for detecting non-metallic weapons, plastics, liquid explosives, and drugs under clothing. Thus, owing to the demand for efficient scanning, full-body x-ray systems are gaining a significant scope across the North America security inspection market. The rising acceptance of vehicle inspection system at border checkpoints is among the other factors expected to positively influence the demand for security inspection system.
In terms of product type, the personnel screening systems segment led the North America security inspection market in 2019. Personnel screening systems assist in the inspection or search of people before granting access to them into high security places, such as airports, court houses, prisons, and museums. These solutions are being highly adopted to detect hidden weapons, explosives, and other contrabands, while maintaining a physical contact between the individual and the security personnel. Apart from the regular metal detectors, new technologies—such as millimeter waves and x-rays—are being adopted by authorities for better and efficient screening. For instance, in September 2020, the Transportation Security Administration (TSA) of the US has adopted two types of full-body security inspection systems—general-use x-ray and millimeter wave. Moreover, Leidos offers technologically advanced personnel screening systems for offering security across airports, manufacturing facilities, government buildings, nuclear power plants, and correctional institutions, among others. The ProVision 2 system offered by the company screens individuals with the help of millimeter wave technology, thereby automatically detecting concealed objects.
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.
The overall North America security inspection market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the North America security inspection market with respects to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the North America security inspection market. ADANI; Analogic Corporation; C.E.I.A. SpA; Leidos; Nuctech Company Limited; OSI Systems, Inc.; Smiths Group plc are among a few players operating in the North America security inspection market.