Report : Europe Airport X-Ray Security Screening System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Solutions and Services) and Type (Baggage Screening and People Screening)
The solutions segment by component is estimated to lead the market growth during the forecast period.
According to a new market research study of “Europe Airport X-Ray Security Screening System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis by Component, Type, and Country.” The Europe airport x-ray security screening system is expected to grow from US$ 739.92 million in 2021 to US$ 1,016.40 million by 2028; it is estimated to register a CAGR of 5.6% from 2021 to 2028. The report highlights trends prevailing in the Europe airport x-ray security screening system market and the factors driving market along with those that act as hindrances.
The air passenger count increased exponentially until the onset of the COVID-19 pandemic, which decimated the entire demand for air travel in 2020. Stakeholders in the aviation industry, such as aircraft manufacturers, airlines, and airports, experienced tremendous demand for their services. According to the International Civil Aviation Organization (ICAO), 4.5 billion passengers traveled by air in 2019, up by 3.6% compared to the number reported in 2018. The rise in air passengers has been one of the key factors that encouraged airport management teams to deploy advanced baggage screening and passenger screening solutions, as airports and aircraft have been key targets for various terrorist activities in the past. In 2019, Smiths Detection announced that the company has been trailing hold-baggage security at Terminal 1 of Sydney Airport. HI-SCAN 10080 XCT, offered by Smiths Detection, is a computed tomography (CT) based high-speed hold baggage automatic explosives detection system (EDS) technology.
During the COVID-19 outbreak, the aviation industry witnessed significant interruptions. However, as the aviation industry re-surfaced and began its operations in late 2020, the demand for air travel has begun rising. According to the International Air Transport Administration (IATA), the global air passenger traffic is expected to recover by 88% in 2022 and is anticipated to surpass 2019 levels by 2023. Thus, with the growing volumes of passengers and implementation of safety measures to deter the spread of the COVID-19 again, governments and airport management are increasingly emphasizing the procurement of no contact passenger screening systems. This is currently generating substantial demand for people screening solutions.
The COVID-19 outbreak has severely affected Spain, Italy, Germany, the UK, and France, among other countries in Europe. The region experienced decrease in air traffic during the pandemic, which led to a decline in aeronautical and non-aeronautical (but related) revenues. This factor further compels the airport authorities to invest in expansion projects. According to X-Ray Center, a leading X-ray security equipment and technology company, the Turkish government approved XRC's new CleanBlue UV-C Baggage cleaning system that inactivates 99.9% of the SARS-CoV-2 in just five seconds; it is the first laboratory-validated system of its kind globally. The inclination of companies toward developing advanced x-ray screening security to restrict the spread of COVID-19 through objects is catalyzing the scope expansion of the X-ray security screening system market.
Based on component, the Europe airport x-ray security screening system market is segmented into solutions and services. Based on type, the Europe airport x-ray security screening system is segmented into baggage screening and people screening. Geographically, the Europe airport x-ray security screening system market is sub-segmented into France, Germany, Italy, UK, Russia and Rest of Europe.
ADANI GROUP, Nuctech Company Limited, OSI Systems, Inc, Leidos, Astrophysics Inc., VOTI Detection Inc., Smiths Detection Group Ltd. and Pexray Oy are among the leading companies operating in the Europe airport x-ray security screening system market.
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