Press Release
Press Release
The increasing passenger traffic owing to the growing working-class segment, increasing purchasing power, and availability of affordable airfares are driving the global market for passenger screening system. In addition, the rapid globalisation and increased cultural exchanges are resulting in the increased demand for efficient passenger flow management, which has bolstered the deployment of passenger screening systems. Furthermore, the rising cases of terrorism and the stringent government regulations to curb the risks of such threats are further expected to spearhead the demand for passenger screening systems. Moreover, the increased development of advanced imaging technologies and the growing investments in research and development activities by the key industry players are expected to further bolster the market in the forecast period.
The leading market players are engaging in collaborations and mergers to escalate their market potential by deploying advanced technologies and developing innovative solutions, which is predicted to aid the market. For instance, in January 2019, Rapiscan Systems, Inc., a wholly owned subsidiary of OSI Systems, Inc. (NASDAQ: OSIS), introduced the high-performance Orion Technologies. This technology aims to provide the best quality class image and material discrimination to improve the overall screening processes. The technology is specifically designed to meet the current and future threats. Such developments are projected to support the market growth in the forecast period.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The major players in the global passenger screening system market are Analogic Corporation, C.E.I.A. SpA, Agilent Technologies, Inc., Garrett Electronics, Inc., Kromek Group PLC., L-3 Security and Detection Systems Inc., Morpho Detection, LLC, and Rapiscan Systems, Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium-sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.