Latin America X-ray Security Screening Market Size & Outlook
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Latin America x-ray security screening market highlights
- The Latin America x-ray security screening market generated a revenue of USD 188.5 million in 2023.
- The market is expected to grow at a CAGR of 7.5% from 2024 to 2030.
- In terms of segment, government was the largest revenue generating end use in 2023.
- Commercial is the most lucrative end use segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 188.5 million |
| Market revenue in 2030 | USD 312.3 million |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | Government |
| Fastest growing segment | Commercial |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Transit, Commercial, Government |
| Key market players worldwide | Thales, NEC Corp, Teledyne Technologies Inc, Bruker Corp, Analogic Corporation, OSI Systems Inc, Leidos Holdings Inc, Aware Inc, Kromek Group PLC, Smiths Detection |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.5% of the global x-ray security screening market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,609.0 million by 2030.
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X-ray Security Screening Market Scope
X-ray Security Screening Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Smiths Detection | View profile | 5001-10000 | London, England, United Kingdom, Europe | http://www.smithsdetection.com |
| Kromek Group PLC | View profile | 166 | Thomas Wright Way, NETPark, Sedgefield, Durham, United Kingdom, TS21 3FD | https://www.kromek.com |
| Leidos Holdings Inc | View profile | 47000 | 1750 Presidents Street, Reston, VA, United States, 20190 | https://www.leidos.com |
| Analogic Corporation | View profile | 1001-5000 | Peabody, Massachusetts, United States, North America | https://www.analogic.com |
| Teledyne Technologies Inc | View profile | 14900 | 1049 Camino Dos Rios, Thousand Oaks, CA, United States, 91360-2362 | https://www.teledyne.com |
| OSI Systems Inc | View profile | 6423 | 12525 Chadron Avenue, Hawthorne, CA, United States, 90250 | https://www.osi-systems.com |
| Thales | View profile | 81000 | 4, rue de la Verrerie, Meudon, France, 92190 | https://www.thalesgroup.com |
| Bruker Corp | View profile | 9707 | 40 Manning Road, Billerica, MA, United States, 01821 | https://www.bruker.com |
| NEC Corp | View profile | 118527 | 7-1, Shiba 5-chome, Minato-ku, Tokyo, Japan, 108-8001 | https://www.nec.com |
| Aware Inc | View profile | 73 | 76 Blanchard Road, Burlington, MA, United States, 01803 | https://www.aware.com |
Latin America x-ray security screening market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to x-ray security screening market will help companies and investors design strategic landscapes.
Government was the largest segment with a revenue share of 44.93% in 2023. Horizon Databook has segmented the Latin America x-ray security screening market based on transit, commercial, government covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of x-ray security screening market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America x-ray security screening market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America x-ray security screening market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America X-ray Security Screening Market Outlook Share, 2023 & 2030 (US$M)
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