See also the latest version of this report
Over the next five years, Homeland Security Research Corporation analysts forecast a growth at a CAGR of 10% of the global X-ray screening market, led by a dramatic expansion of the Chinese civil aviation (two out of three new airport projects are in mainland China) and internal security funding. Other key markets are terror-troubled India and the replacement market of the US and Europe.
Despite years of cutting edge weapon and explosives screening technologies RDT&E, there is no competitive modality on the horizon which challenges the cost-performance of 2D X-ray screening technologies.
The global X-ray security screening market (including systems sales, service, and upgrades) is forecast to grow from $1.2 billion in 2011 to $1.9 billion by 2016.
The new report is the most comprehensive review of the multibillion dollar global X-ray security screening market available today. It analyses and forecasts the market by application, by geography and by business transaction.