As a matter of fact, Security Screening Equipment has a large variety of product line including X-Ray, Biometric screening system, EDT(Explosives Trace Detectors), and metal detector , their main applications are used widely in Airport, government, border security, education, and private and public places.
In this report we mainly discussed and demonstrated the overview (definition, classification, and application), the spread and trends on sales market, manufacturers, technology, research and development of the security screening system. Though a series of precise data analysis, we would give our prediction towards the future market, draw a conclusion and give some opening strategic suggestions on global security screening system, which very likely to assist the decide-maker to deal with the risks and opportunities on international market in the future.
The latest research study released by Market IntelliX evaluates market size and forecasts of Security Screening Systems in Global, including the following market information:
Global Security Screening Systems Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Security Screening Systems market was valued at 7147.6 million in 2021 and is projected to reach US$ 10830 million by 2028, at a CAGR of 6.1% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
X-ray Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Security Screening Systems include Leidos, Nuctech, OSI Systems, Smiths Detection, Safeway, CEIA, Astrophysics, GARRETT and IWILDT, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MI has surveyed the Security Screening Systems companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Market Segmentations:
Global Security Screening Systems Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Security Screening Systems Market Segment Percentages, by Type, 2021 (%)
X-ray
Explosive Detection
Metal Detectors
Nonlinear Node Detector
Others
Global Security Screening Systems Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Security Screening Systems Market Segment Percentages, by Application, 2021 (%)
Airport
Other Public Transportation
Large Stadium or Facility
Others
Global Security Screening Systems Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Security Screening Systems Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Security Screening Systems revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Security Screening Systems revenues share in global market, 2021 (%)
The report presents profiles of competitors in the market Some of the prominent key players covered:
Leidos
Nuctech
OSI Systems
Smiths Detection
Safeway
CEIA
Astrophysics
GARRETT
IWILDT
Lornet
Westminster
Adani
Research Electronics International
Suritel
Autoclear
Gilardoni S.p.A.
Key Takeaways from this Report
Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
1 Introduction to Research & Analysis Reports
1.1 Security Screening Systems Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Security Screening Systems Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Security Screening Systems Overall Market Size
2.1 Global Security Screening Systems Market Size: 2021 VS 2028
2.2 Global Security Screening Systems Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Security Screening Systems Players in Global Market
3.2 Top Global Security Screening Systems Companies Ranked by Revenue
3.3 Global Security Screening Systems Revenue by Companies
3.4 Top 3 and Top 5 Security Screening Systems Companies in Global Market, by Revenue in 2021
3.5 Global Companies Security Screening Systems Product Type
3.6 Tier 1, Tier 2 and Tier 3 Security Screening Systems Players in Global Market
3.6.1 List of Global Tier 1 Security Screening Systems Companies
3.6.2 List of Global Tier 2 and Tier 3 Security Screening Systems Companies
4 Market Sights by Product
4.1 Overview
4.1.1 by Type - Global Security Screening Systems Market Size Markets, 2021 & 2028
4.1.2 X-ray
4.1.3 Explosive Detection
4.1.4 Metal Detectors
4.1.5 Nonlinear Node Detector
4.1.6 Others
4.2 By Type - Global Security Screening Systems Revenue & Forecasts
4.2.1 By Type - Global Security Screening Systems Revenue, 2017-2022
4.2.2 By Type - Global Security Screening Systems Revenue, 2023-2028
4.2.3 By Type - Global Security Screening Systems Revenue Market Share, 2017-2028
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Security Screening Systems Market Size, 2021 & 2028
5.1.2 Airport
5.1.3 Other Public Transportation
5.1.4 Large Stadium or Facility
5.1.5 Others
5.2 By Application - Global Security Screening Systems Revenue & Forecasts
5.2.1 By Application - Global Security Screening Systems Revenue, 2017-2022
5.2.2 By Application - Global Security Screening Systems Revenue, 2023-2028
5.2.3 By Application - Global Security Screening Systems Revenue Market Share, 2017-2028
6 Sights by Region
6.1 By Region - Global Security Screening Systems Market Size, 2021 & 2028
6.2 By Region - Global Security Screening Systems Revenue & Forecasts
6.2.1 By Region - Global Security Screening Systems Revenue, 2017-2022
6.2.2 By Region - Global Security Screening Systems Revenue, 2023-2028
6.2.3 By Region - Global Security Screening Systems Revenue Market Share, 2017-2028
6.3 North America
6.3.1 By Country - North America Security Screening Systems Revenue, 2017-2028
6.3.2 US Security Screening Systems Market Size, 2017-2028
6.3.3 Canada Security Screening Systems Market Size, 2017-2028
6.3.4 Mexico Security Screening Systems Market Size, 2017-2028
6.4 Europe
6.4.1 By Country - Europe Security Screening Systems Revenue, 2017-2028
6.4.2 Germany Security Screening Systems Market Size, 2017-2028
6.4.3 France Security Screening Systems Market Size, 2017-2028
6.4.4 U.K. Security Screening Systems Market Size, 2017-2028
6.4.5 Italy Security Screening Systems Market Size, 2017-2028
6.4.6 Russia Security Screening Systems Market Size, 2017-2028
6.4.7 Nordic Countries Security Screening Systems Market Size, 2017-2028
6.4.8 Benelux Security Screening Systems Market Size, 2017-2028
6.5 Asia
6.5.1 By Region - Asia Security Screening Systems Revenue, 2017-2028
6.5.2 China Security Screening Systems Market Size, 2017-2028
6.5.3 Japan Security Screening Systems Market Size, 2017-2028
6.5.4 South Korea Security Screening Systems Market Size, 2017-2028
6.5.5 Southeast Asia Security Screening Systems Market Size, 2017-2028
6.5.6 India Security Screening Systems Market Size, 2017-2028
6.6 South America
6.6.1 By Country - South America Security Screening Systems Revenue, 2017-2028
6.6.2 Brazil Security Screening Systems Market Size, 2017-2028
6.6.3 Argentina Security Screening Systems Market Size, 2017-2028
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Security Screening Systems Revenue, 2017-2028
6.7.2 Turkey Security Screening Systems Market Size, 2017-2028
6.7.3 Israel Security Screening Systems Market Size, 2017-2028
6.7.4 Saudi Arabia Security Screening Systems Market Size, 2017-2028
6.7.5 UAE Security Screening Systems Market Size, 2017-2028
7 Players Profiles
7.1 Leidos
7.1.1 Leidos Corporate Summary
7.1.2 Leidos Business Overview
7.1.3 Leidos Security Screening Systems Major Product Offerings
7.1.4 Leidos Security Screening Systems Revenue in Global Market (2017-2022)
7.1.5 Leidos Key News
7.2 Nuctech
7.2.1 Nuctech Corporate Summary
7.2.2 Nuctech Business Overview
7.2.3 Nuctech Security Screening Systems Major Product Offerings
7.2.4 Nuctech Security Screening Systems Revenue in Global Market (2017-2022)
7.2.5 Nuctech Key News
7.3 OSI Systems
7.3.1 OSI Systems Corporate Summary
7.3.2 OSI Systems Business Overview
7.3.3 OSI Systems Security Screening Systems Major Product Offerings
7.3.4 OSI Systems Security Screening Systems Revenue in Global Market (2017-2022)
7.3.5 OSI Systems Key News
7.4 Smiths Detection
7.4.1 Smiths Detection Corporate Summary
7.4.2 Smiths Detection Business Overview
7.4.3 Smiths Detection Security Screening Systems Major Product Offerings
7.4.4 Smiths Detection Security Screening Systems Revenue in Global Market (2017-2022)
7.4.5 Smiths Detection Key News
7.5 Safeway
7.5.1 Safeway Corporate Summary
7.5.2 Safeway Business Overview
7.5.3 Safeway Security Screening Systems Major Product Offerings
7.5.4 Safeway Security Screening Systems Revenue in Global Market (2017-2022)
7.5.5 Safeway Key News
7.6 CEIA
7.6.1 CEIA Corporate Summary
7.6.2 CEIA Business Overview
7.6.3 CEIA Security Screening Systems Major Product Offerings
7.6.4 CEIA Security Screening Systems Revenue in Global Market (2017-2022)
7.6.5 CEIA Key News
7.7 Astrophysics
7.7.1 Astrophysics Corporate Summary
7.7.2 Astrophysics Business Overview
7.7.3 Astrophysics Security Screening Systems Major Product Offerings
7.7.4 Astrophysics Security Screening Systems Revenue in Global Market (2017-2022)
7.7.5 Astrophysics Key News
7.8 GARRETT
7.8.1 GARRETT Corporate Summary
7.8.2 GARRETT Business Overview
7.8.3 GARRETT Security Screening Systems Major Product Offerings
7.8.4 GARRETT Security Screening Systems Revenue in Global Market (2017-2022)
7.8.5 GARRETT Key News
7.9 IWILDT
7.9.1 IWILDT Corporate Summary
7.9.2 IWILDT Business Overview
7.9.3 IWILDT Security Screening Systems Major Product Offerings
7.9.4 IWILDT Security Screening Systems Revenue in Global Market (2017-2022)
7.9.5 IWILDT Key News
7.10 Lornet
7.10.1 Lornet Corporate Summary
7.10.2 Lornet Business Overview
7.10.3 Lornet Security Screening Systems Major Product Offerings
7.10.4 Lornet Security Screening Systems Revenue in Global Market (2017-2022)
7.10.5 Lornet Key News
7.11 Westminster
7.11.1 Westminster Corporate Summary
7.11.2 Westminster Business Overview
7.11.3 Westminster Security Screening Systems Major Product Offerings
7.11.4 Westminster Security Screening Systems Revenue in Global Market (2017-2022)
7.11.5 Westminster Key News
7.12 Adani
7.12.1 Adani Corporate Summary
7.12.2 Adani Business Overview
7.12.3 Adani Security Screening Systems Major Product Offerings
7.12.4 Adani Security Screening Systems Revenue in Global Market (2017-2022)
7.12.5 Adani Key News
7.13 Research Electronics International
7.13.1 Research Electronics International Corporate Summary
7.13.2 Research Electronics International Business Overview
7.13.3 Research Electronics International Security Screening Systems Major Product Offerings
7.13.4 Research Electronics International Security Screening Systems Revenue in Global Market (2017-2022)
7.13.5 Research Electronics International Key News
7.14 Suritel
7.14.1 Suritel Corporate Summary
7.14.2 Suritel Business Overview
7.14.3 Suritel Security Screening Systems Major Product Offerings
7.14.4 Suritel Security Screening Systems Revenue in Global Market (2017-2022)
7.14.5 Suritel Key News
7.15 Autoclear
7.15.1 Autoclear Corporate Summary
7.15.2 Autoclear Business Overview
7.15.3 Autoclear Security Screening Systems Major Product Offerings
7.15.4 Autoclear Security Screening Systems Revenue in Global Market (2017-2022)
7.15.5 Autoclear Key News
7.16 Gilardoni S.p.A.
7.16.1 Gilardoni S.p.A. Corporate Summary
7.16.2 Gilardoni S.p.A. Business Overview
7.16.3 Gilardoni S.p.A. Security Screening Systems Major Product Offerings
7.16.4 Gilardoni S.p.A. Security Screening Systems Revenue in Global Market (2017-2022)
7.16.5 Gilardoni S.p.A. Key News
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
List of Tables
Table 1. Security Screening Systems Market Opportunities & Trends in Global Market
Table 2. Security Screening Systems Market Drivers in Global Market
Table 3. Security Screening Systems Market Restraints in Global Market
Table 4. Key Players of Security Screening Systems in Global Market
Table 5. Top Security Screening Systems Players in Global Market, Ranking by Revenue (2021)
Table 6. Global Security Screening Systems Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Security Screening Systems Revenue Share by Companies, 2017-2022
Table 8. Global Companies Security Screening Systems Product Type
Table 9. List of Global Tier 1 Security Screening Systems Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Security Screening Systems Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Security Screening Systems Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Security Screening Systems Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Security Screening Systems Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global Security Screening Systems Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Security Screening Systems Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Security Screening Systems Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global Security Screening Systems Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Security Screening Systems Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Security Screening Systems Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Security Screening Systems Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Security Screening Systems Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Security Screening Systems Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Security Screening Systems Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Security Screening Systems Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Security Screening Systems Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Security Screening Systems Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Security Screening Systems Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Security Screening Systems Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Security Screening Systems Revenue, (US$, Mn), 2023-2028
Table 30. Leidos Corporate Summary
Table 31. Leidos Security Screening Systems Product Offerings
Table 32. Leidos Security Screening Systems Revenue (US$, Mn), (2017-2022)
Table 33. Nuctech Corporate Summary
Table 34. Nuctech Security Screening Systems Product Offerings
Table 35. Nuctech Security Screening Systems Revenue (US$, Mn), (2017-2022)
Table 36. OSI Systems Corporate Summary
Table 37. OSI Systems Security Screening Systems Product Offerings
Table 38. OSI Systems Security Screening Systems Revenue (US$, Mn), (2017-2022)
Table 39. Smiths Detection Corporate Summary
Table 40. Smiths Detection Security Screening Systems Product Offerings
Table 41. Smiths Detection Security Screening Systems Revenue (US$, Mn), (2017-2022)
Table 42. Safeway Corporate Summary
Table 43. Safeway Security Screening Systems Product Offerings
Table 44. Safeway Security Screening Systems Revenue (US$, Mn), (2017-2022)
Table 45. CEIA Corporate Summary
Table 46. CEIA Security Screening Systems Product Offerings
Table 47. CEIA Security Screening Systems Revenue (US$, Mn), (2017-2022)
Table 48. Astrophysics Corporate Summary
Table 49. Astrophysics Security Screening Systems Product Offerings
Table 50. Astrophysics Security Screening Systems Revenue (US$, Mn), (2017-2022)
Table 51. GARRETT Corporate Summary
Table 52. GARRETT Security Screening Systems Product Offerings
Table 53. GARRETT Security Screening Systems Revenue (US$, Mn), (2017-2022)
Table 54. IWILDT Corporate Summary
Table 55. IWILDT Security Screening Systems Product Offerings
Table 56. IWILDT Security Screening Systems Revenue (US$, Mn), (2017-2022)
Table 57. Lornet Corporate Summary
Table 58. Lornet Security Screening Systems Product Offerings
Table 59. Lornet Security Screening Systems Revenue (US$, Mn), (2017-2022)
Table 60. Westminster Corporate Summary
Table 61. Westminster Security Screening Systems Product Offerings
Table 62. Westminster Security Screening Systems Revenue (US$, Mn), (2017-2022)
Table 63. Adani Corporate Summary
Table 64. Adani Security Screening Systems Product Offerings
Table 65. Adani Security Screening Systems Revenue (US$, Mn), (2017-2022)
Table 66. Research Electronics International Corporate Summary
Table 67. Research Electronics International Security Screening Systems Product Offerings
Table 68. Research Electronics International Security Screening Systems Revenue (US$, Mn), (2017-2022)
Table 69. Suritel Corporate Summary
Table 70. Suritel Security Screening Systems Product Offerings
Table 71. Suritel Security Screening Systems Revenue (US$, Mn), (2017-2022)
Table 72. Autoclear Corporate Summary
Table 73. Autoclear Security Screening Systems Product Offerings
Table 74. Autoclear Security Screening Systems Revenue (US$, Mn), (2017-2022)
Table 75. Gilardoni S.p.A. Corporate Summary
Table 76. Gilardoni S.p.A. Security Screening Systems Product Offerings
Table 77. Gilardoni S.p.A. Security Screening Systems Revenue (US$, Mn), (2017-2022)
List of Figures
Figure 1. Security Screening Systems Segment by Type in 2021
Figure 2. Security Screening Systems Segment by Application in 2021
Figure 3. Global Security Screening Systems Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Security Screening Systems Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Security Screening Systems Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Security Screening Systems Revenue in 2021
Figure 8. By Type - Global Security Screening Systems Revenue Market Share, 2017-2028
Figure 9. By Application - Global Security Screening Systems Revenue Market Share, 2017-2028
Figure 10. By Region - Global Security Screening Systems Revenue Market Share, 2017-2028
Figure 11. By Country - North America Security Screening Systems Revenue Market Share, 2017-2028
Figure 12. US Security Screening Systems Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Security Screening Systems Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Security Screening Systems Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Security Screening Systems Revenue Market Share, 2017-2028
Figure 16. Germany Security Screening Systems Revenue, (US$, Mn), 2017-2028
Figure 17. France Security Screening Systems Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Security Screening Systems Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Security Screening Systems Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Security Screening Systems Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Security Screening Systems Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Security Screening Systems Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Security Screening Systems Revenue Market Share, 2017-2028
Figure 24. China Security Screening Systems Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Security Screening Systems Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Security Screening Systems Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Security Screening Systems Revenue, (US$, Mn), 2017-2028
Figure 28. India Security Screening Systems Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Security Screening Systems Revenue Market Share, 2017-2028
Figure 30. Brazil Security Screening Systems Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Security Screening Systems Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Security Screening Systems Revenue Market Share, 2017-2028
Figure 33. Turkey Security Screening Systems Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Security Screening Systems Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Security Screening Systems Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Security Screening Systems Revenue, (US$, Mn), 2017-2028
Figure 37. Leidos Security Screening Systems Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. Nuctech Security Screening Systems Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. OSI Systems Security Screening Systems Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. Smiths Detection Security Screening Systems Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. Safeway Security Screening Systems Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. CEIA Security Screening Systems Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. Astrophysics Security Screening Systems Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. GARRETT Security Screening Systems Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. IWILDT Security Screening Systems Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 46. Lornet Security Screening Systems Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 47. Westminster Security Screening Systems Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 48. Adani Security Screening Systems Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 49. Research Electronics International Security Screening Systems Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 50. Suritel Security Screening Systems Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 51. Autoclear Security Screening Systems Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 52. Gilardoni S.p.A. Security Screening Systems Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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