Market Share of Airport Security Screening Systems Industry
The prominent vendors, such as ADANI Systems Inc., OSI Systems Inc., Smiths Group plc, Westminster Group plc, and NUCTECH COMPANY LIMITED, are expanding their geographical reach by winning numerous contracts and introducing advanced versions of their extensive product offerings in the region. For instance, in April 2018, in a bid to promote the adoption of emerging security screening technologies such as full-body scanning. For instance, in April 2018, ADANI launched the CONPASS DV in Thailand. The company organized a seminar and demonstrated its technology to dignitaries and representatives for clearing any misconceptions that may hinder the adoption. The diversification of geographical markets, in tandem with the product offerings, will be a key criterion for ensuring profitability and survival in the long run.
Manufacturers are expanding their product offerings by launching compact systems to ensure minimal installation constraints in tight spaces at various entry and exit points in transport hubs for boosting the adoption of full-body scanners. Faster check-in processes are being ensured through the introduction of automated passenger scanning systems such as i-Scan from Braun & Co. Ltd. (Braun). Such advanced systems are capable of scanning for a wide range of targeted substances, including concealed threats. Thus, the adoption of advanced automated scanning systems will significantly contribute to the airport security screening systems market during the forecast period.
Airport Security Screening Systems Market Leaders
ADANI Systems Inc.
OSI Systems Inc.
Smiths Group plc
Westminster Group plc
NUCTECH COMPANY LIMITED
*Disclaimer: Major Players sorted in no particular order
