Full Body Scanner Market to experience a healthy CAGR of 12.2%

Full Body Scanner Market to experience a healthy CAGR of 12.2%

February 17, 2020

Full Body Scanner Market Overview:

Full Body Scanner Market is likely to witness an impressive CAGR of 12.2% during the forecast period. Factors such as increase in drug trafficking across the globe, rising awareness in safety concern among the regulatory bodies, increasing terror outbreaks at sensitive infrastructures and mass transit stations, and the increasing investments in R&D for enhanced full body scanners are driving the growth of the global full body scanner market.

Report Overview:

This report, from Stratview Research, studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Salient Features of the Report

The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.

The following are the key features of the report:

  • Strategic segmentation
  • Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Detailed Competitive Rivalry landscaping
  • Market trend and forecast analysis
  • Future Growth Boulevards  

Get a free sample of the report here:

https://www.stratviewresearch.com/Request-Sample/762/full-body-scanner-market.html

Full Body Scanner Market Segment Insights:

Transport segment: The growth engine

Based on the application type, the market is segmented as transport, critical infrastructure, and others. The transport segment is estimated to depict the highest growth during the forecast period, owing to the increasing safety concerns and terror attacks at airports and other critical infrastructures.

Click below to run through the detailed ToC of the report:

https://www.stratviewresearch.com/toc/762/full-body-scanner-market.html

Dominance of: FFKM

Based on the system type, the market is segmented as backscatter systems, millimeter-wave systems, and others. The millimeter-wave systems segment is estimated to witness the highest growth in the coming five years. This growth is mainly attributed to the extensive installation of these systems replacing the backscatter systems. Backscatter systems suffer from the disadvantage of emitting low-energy X-rays that bounce off a passenger's body, which increases the possibility of cancer, and other skin diseases in the human body.

A highly/moderately/fragment consolidated Market

Some of the major players in the full body scanner market are Adani Systems, Inc., Brijot Imaging Systems, Inc., Iscon Imaging, Inc., L-3 Technologies, Inc., L-3 Technologies, Inc., Millivision Technologies, Nuctech Co Ltd., OD Security, Rapiscan Systems Limited, Smith Group PLC, and Tek84 Engineering Group LLC.

Regional Hegemony of North America

North America is estimated to lead the full body scanner market during the forecast period. The full body scanner market in the European and the Asia-Pacific regions is estimated to witness high growth, driven by the regulatory mandates for the installation of full body scanners in Europe and the increase in terrorist activities in the Asia-Pacific region.

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About Stratview Research

Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.

Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.

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Author : Emily

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