Global Full-Body Scanner Market 2019-2023 | 7% CAGR Projection Over the Next Five Years| Technavio

Technavio has announced its latest market research report titled global full-body scanner market 2019-2023. (Graphic: Business Wire)

LONDON--()--The global full-body scanner market is expected to post a CAGR of more than 7% during the period 2019-2023, according to the latest market research report by Technavio.

A key factor driving the growth of the global full-body scanner market size is rise in security concerns in transportation hubs and industrial facilities. Global transportation hubs and industrial facilities such as nuclear stations, chemical and petrochemical plants, pulp and paper mills, mines, pharmaceutical plants, and oil refineries are susceptible targets of anti-peace activists. The attacks on these locations can lead to mass casualties and inflict substantial damage to the economy. Thus, governments are increasingly focusing on strengthening national security, which is driving the demand for full-body scanners.

As per Technavio, the integration of AI tools in scanning technologies will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global full-body scanner market 2019-2023 research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

Global Full-Body Scanner Market: Integration of AI Tools in Scanning Technologies

Numerous research programs are underway that seek to develop AI capabilities for explosive detection equipment and full-body scanners. Several vendors are incorporating AI-enabled features into their product offerings. The integration of AI into full-body scanners will enable significant augmentation in inspection precision, thus enhancing the overall efficiency. Thus, the evolving implementation of AI in scanning technologies will be a key trend in the full-body-scanner market during the forecast period.

“Apart from the integration of AI tools in scanning technologies, other factors such as the emergence of laser spectroscopy detection technology, and the advent of wearable explosive detection equipment will have a significant impact on the growth of the full-body scanner market value during the forecast period,” says a senior analyst at Technavio.

Global Full-Body Scanner Market: Segmentation Analysis

This market research report segments the global full-body scanner market worth by product (ground-mounted scanner, and vehicle-mounted scanner) and geographic regions (North America, Europe, APAC, South America, and MEA).

The North American region led the full-body scanner market in 2018, followed by APAC, Europe, MEA, and South America respectively. The growth of the full-body scanner market share in North America can be attributed to the increasing focus on strengthening national security and improving public services.

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Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

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With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Contacts

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

Release Summary

The global full-body scanner market is expected to post a CAGR of more than 7% during the period 2019-2023, according to Technavio.

Contacts

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com