Baggage Security Screening Market: India Market Analysis and Future Assessment by Application — 2019-2029

Categories: Electronics, IT & Telecommunication | Report Code : IT20174 | No. of Pages : 115

Overview:

The India baggage security screening market is valued for more than US$ XXX.X Mn in 2019 and expected to reach a value of US$ XXX.X Mn by 2029 with a significant CAGR of around XX.X% over the forecast period of 2019-2029. The systems which are used to scanning and screening of baggage and luggage are called as baggage security screening systems. These systems are available in various sizes, features, and functions across the globe. This system plays key role in security and safety of various critical infrastructures such as tourist places and important corporate places such as government offices.

Market Dynamics:

Increasing attack threat at commercial places is a major factor driving growth of the India baggage security screening market. In addition, government support towards deployment of advanced security systems at various key commercial places is another key factor driving growth of the India baggage security screening market.

Moreover, technological advancement towards development of products with lower cost and strategic collaboration with government is a factor expected to provide opportunities for key players in the target market during the forecast period.

However, high cost of security screening system has led to adoption of physical checking or metal detector checking in some places such as malls, hotels, and others. This is a key factor restraining growth and deployment of the baggage screening systems.

Key Trends:

Increasing deployment of X-ray baggage scanners at airports is a key trend observed in the current India market. In addition, government authorities and private commercial place owners are investing for improvement of security and safety system to protect the commercial and tourist places from possible threats.

Scope of the Report:

Report Feature

Details

Base Year:

2018

Projection Period:

2019-2029

Market Details:

Total revenue and forecast, CAGR, Market value, share, and Y-o-Y growth by segment

Segment Covered:

Application

Country Covered:

India

Report Coverage:

Market growth driving factors, challenges & pitfalls, opportunities, trends, key players analysis, and country analysis

 

Detailed Segmentation:

India Baggage Security Screening Market, By Application:

  • Airports
  • Ports and Borders
  • Defense
  • Critical Infrastructure
  • Other Application

Key Players Covered:

Key players operating in the target market includes, Smiths Detection Inc., L-3 Communications Security and Detection Systems Inc., OSI Systems Inc., 3DX-Ray Ltd., Teledyne Icm, Analogic Corp., Nuctech Company Limited, Astrophysics Inc., CEIA SpA, Gilardoni SpA, and Stage Gate 11 BV.

Key features of the study:

Foresight Market Research provides detailed analysis on target market in our report- India Baggage Security Screening Market by application. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the India baggage security screening market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, ongoing trends, market expansion, and marketing tactics used overall the globe.

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Report Code

IT20174

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RD Code : IT20174