Europe Security Inspection Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product Type (Personnel Screening Systems, Cargo and Baggage Inspection Systems, Vehicle Inspection Systems, and Others), and Application (Aviation, Border Security, Critical Infrastructure Protection, Commercial Security, and Others)

Code: TIPRE00018154 | Pages: 118 | Industry: Technology, Media and Telecommunications | Date: Jan 2021
Covid

Market Introduction

Several industrialized and emerging economies, such as Germany, France, Italy, the UK and Russia, make up Europe. In Europe, the security inspection sector is much more fragmented other regions. The growing adoption of digitization across the European region, specifically more than 77% is not only affecting the various industries to optimize their capabilities such as manufacturing, automotive, information technology and telecommunications amongst others, but have also experienced high adoption in the national security dimension. Border authorities and customs, ports, airports, and railway operators across the region collect massive security related data on daily basis, which are required to be shared between the European and Schengen government bodies for easy accessibility among police and other judicial authorities. Thus, high demand of security data among the region is influencing the adoption of technologically advanced security inspection systems. The Full-body X-ray screening systems at high Demand across important facilities is expected to create a significant demand for security inspection in the coming years, which is further anticipated to drive the Europe security inspection market.

Furthermore, COVID-19 is having a bad impact over the Europe region. As selected countries observed a rise in the number of reported COVID-19 cases and subsequently experienced strict as well as longer lockdown periods or social isolation, the effect of COVID-19 varied from country to country across the European region. However, owing to a strong healthcare system, Western European countries such as Germany, France, Russia, and the UK have seen a comparatively modest decrease in their development activities across the security sector. With a negative economic growth rate in the first half of 2020, the European economy is projected to contract. It is expected that countries such as the UK, Italy, and Germany would have a greater effect on the economy compared to other European countries. The imbalance in the demand and supply side of security screening solutions, and the lockdown phase in several European countries will have the significant negative impact on the security inspection market in the first half of year 2020. However, the upliftment of lockdowns have led to start of trade and travel; thereby, expected to influence the growth of the market with the adoption of new technologies to ensure safety and security of its population.


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Market Overview and Dynamics

The security inspection market in Europe is expected to grow from US$ 1,575.6 million in 2019 to US$ 2,711.7 million by 2027; it is estimated to grow at a CAGR of 7.5% from 2020 to 2027. Increasing demand for real-time treat detection to offer much safer environment in airports, railway stations, country borders, and other crowed places is influencing the investment in technologies such as artificial intelligence by major market players. For instance, Gatekeeper Security, Inc. has developed artificial intelligence powered vehicle inspection security for screening vehicles across various industries such as energy, and transportation amongst others to detect threat in real-time and take action accordingly. The solutions enable under vehicle inspection, automatic number plate reader, and 360-degree vehicle scanning capabilities to ensure no threat across the facilities and the vehicles. Therefore, rise in investment in technology is expected to fuel the growth of the Europe security inspection market.

Key Market Segments

In terms of product type, the personnel screening systems segment accounted for the largest share of the Europe security inspection market in 2019. In terms of application, the aviation segment held a larger market share of the Europe security inspection market in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the security inspection market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are ADANI; Analogic Corporation; C.E.I.A. SpA; EAS Envimet Analytical Systems Ges.m.b.H.; Gilardoni S.p.A.; Leidos; Nuctech Company Limited; OSI Systems, Inc.; Smiths Group plc; unival group GmbH.

Reasons to buy report

  • To understand the Europe security inspection market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe security inspection market
  • Efficiently plan M&A and partnership deals in Europe security inspection market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe security inspection market
  • Obtain market revenue forecast for market by various segments from 2020-2027 in Europe region.

Europe Security Inspection Market Segmentation

Europe Security Inspection Market - By Product Type

  • Personnel Screening Systems
  • Cargo and Baggage Inspection Systems
  • Vehicle Inspection Systems
  • Others

Europe Security Inspection Market - By Enterprise Size

  • Aviation
  • Border Security
  • Critical Infrastructure Protection
  • Commercial Security
  • Others

Europe Security Inspection Market - By Country

  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Rest of Europe

Europe Security Inspection Market - Company Profiles

  • ADANI
  • C.E.I.A. SpA
  • EAS Envimet Analytical Systems Ges.m.b.H.
  • Gilardoni S.p.A.
  • Leidos
  • Nuctech Company Limited
  • OSI Systems, Inc.
  • Smiths Group plc
  • unival group GmbH
 

TABLE OF CONTENTS

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        Europe Security Inspection Market – By Product Type

1.3.2        Europe Security Inspection Market – by Application

1.3.3        Europe Security Inspection Market- By Country

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Europe Security Inspection Market Landscape

4.1         Market Overview

4.2         Europe PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           Europe Security Inspection Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Growing Acceptance of Vehicle Inspection System at Frontiers

5.1.2        Full-Body X-ray Screening Systems at High Demand across Important Facilities

5.2         Market Restraint

5.2.1        Presence of Old Security Inspection System

5.3         Market Opportunity

5.3.1        AI Collaborating with Security Inspection Systems

5.4         Future Trend

5.4.1        Automated Security Scanning Likely to Grow

5.5         Impact Analysis of Drivers and Restraints

6.           Security Inspection Market – Europe Analysis

6.1         Security Inspection Market Europe Overview

6.2         Europe Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

6.3         Market Positioning – Five Key Players

7.           Europe Security Inspection Market Analysis – By Product Type

7.1         Overview

7.2         Europe Security Inspection Market, By Product Type (2019 and 2027)

7.3         Personnel Screening Systems

7.3.1        Overview

7.3.2        Personnel Screening Systems: Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

7.4         Cargo and Baggage Inspection Systems

7.4.1        Overview

7.4.2        Cargo and Baggage Inspection Systems: Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

7.5         Vehicle Inspection Systems

7.5.1        Overview

7.5.2        Vehicle Inspection Systems: Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

7.6         Others

7.6.1        Overview

7.6.2        Others: Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

8.           Europe Security Inspection Market Analysis – by Application

8.1         Overview

8.2         Europe Security Inspection Market, by Application (2019 and 2027)

8.3         Aviation

8.3.1        Overview

8.3.2        Aviation: Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

8.4         Border Security

8.4.1        Overview

8.4.2        Border Security: Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

8.5         Critical Infrastructure Protection

8.5.1        Overview

8.5.2        Critical Infrastructure Protection: Security Inspection Market – Revenue and Forecast to 2027  (US$ Million)

8.6         Commercial Security

8.6.1        Overview

8.6.2        Commercial Security: Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

8.7         Others

8.7.1        Overview

8.7.2        Others: Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

9.           Europe Security Inspection Market – Country Analysis

9.1         Overview

9.1.1        Europe: Security Inspection Market, By Country

9.1.1.1          Germany: Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.1.1          Germany: Security Inspection Market, By Product Type

9.1.1.1.2          Germany: Security Inspection Market, By Application

9.1.1.2          France: Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.2.1          France: Security Inspection Market, By Product Type

9.1.1.2.2          France: Security Inspection Market, By Application

9.1.1.3          Italy: Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.3.1          Italy: Security Inspection Market, By Product Type

9.1.1.3.2          Italy: Security Inspection Market, By Application

9.1.1.4          UK: Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.4.1          UK: Security Inspection Market, By Product Type

9.1.1.4.2          UK: Security Inspection Market, By Application

9.1.1.5          Russia: Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.5.1          Russia: Security Inspection Market, By Product Type

9.1.1.5.2          Russia: Security Inspection Market, By Application

9.1.1.6          Rest of Europe: Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.6.1          Rest of Europe: Security Inspection Market, By Product Type

9.1.1.6.2          Rest of Europe: Security Inspection Market, By Application

10.        Impact of COVID-19 Pandemic on Europe Security Inspection Market

10.1      Europe: Impact assessment of COVID-19 Pandemic

11.        Industry Landscape

11.1      Overview

11.2      Market Initiative

11.3      New Product Development

11.4      Merger and Acquisition

12.        Company Profiles

12.1      ADANI

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      C.E.I.A. SpA

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      EAS Envimet Analytical Systems Ges.m.b.H.

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      Gilardoni S.p.A.

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      Leidos

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6      Nuctech Company Limited

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7      OSI Systems, Inc.

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

12.8      Smiths Group plc

12.8.1     Key Facts

12.8.2     Business Description

12.8.3     Products and Services

12.8.4     Financial Overview

12.8.5     SWOT Analysis

12.8.6     Key Developments

12.9      unival group GmbH

12.9.1     Key Facts

12.9.2     Business Description

12.9.3     Products and Services

12.9.4     Financial Overview

12.9.5     SWOT Analysis

12.9.6     Key Developments

13.        Appendix

13.1      About The Insight Partners

             13.2      Word Index

LIST OF TABLES

Table 1.             Europe Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

Table 2.             Europe Security Inspection Market, By Country – Revenue and Forecast to 2027 (US$ Million)

Table 3.             Germany Security Inspection Market, By Product Type – Revenue and Forecast to 2027 (US$ Million)

Table 4.             Germany Security Inspection Market, By Application – Revenue and Forecast to 2027 (US$ Million)

Table 5.             France Security Inspection Market, By Product Type – Revenue and Forecast to 2027 (US$ Million)

Table 6.             France Security Inspection Market, By Application – Revenue and Forecast to 2027 (US$ Million)

Table 7.             Italy Security Inspection Market, By Product Type – Revenue and Forecast to 2027 (US$ Million)

Table 8.             Italy Security Inspection Market, By Application – Revenue and Forecast to 2027 (US$ Million)

Table 9.             UK Security Inspection Market, By Product Type – Revenue and Forecast to 2027 (US$ Million)

Table 10.          UK Security Inspection Market, By Application – Revenue and Forecast to 2027 (US$ Million)

Table 11.          Russia: Security Inspection Market, By Product Type – Revenue and Forecast to 2027 (US$ Million)

Table 12.          Russia: Security Inspection Market, By Application – Revenue and Forecast to 2027 (US$ Million)

Table 13.          Rest of Europe Security Inspection Market, By Product Type – Revenue and Forecast to 2027 (US$ Million)

Table 14.          Rest of Europe Security Inspection Market, By Application – Revenue and Forecast to 2027 (US$ Million)

Table 15.            List of Abbreviation

LIST OF FIGURES

Figure 1.           Europe Security Inspection Market Segmentation

Figure 2.           Europe Security Inspection Market Segmentation – By Country

Figure 3.           Europe Security Inspection Market Overview

Figure 4.           Personnel Screening Systems Segment Held the Largest Market Share Based on Product Type

Figure 5.           Aviation Segment Held the Largest Market Share Based on Application

Figure 6.           Germany to Show Great Traction During Forecast Period

Figure 7.           Europe – PEST Analysis

Figure 8.           Expert Opinion

Figure 9.           Europe Security Inspection Market: Impact Analysis of Drivers and Restraints

Figure 10.        Europe Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

Figure 11.        Europe Security Inspection Market Revenue Share, by Product Type (2019 and 2027)

Figure 12.        Europe Personnel Screening Systems: Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

Figure 13.        Europe Cargo and Baggage Inspection Systems: Security Inspection Market – Revenue and Forecast to 2027  (US$ Million)

Figure 14.        Europe Vehicle Inspection Systems: Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

Figure 15.        Europe Others: Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

Figure 16.        Europe Security Inspection Market Revenue Share, by Application (2019 and 2027)

Figure 17.        Europe Aviation: Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

Figure 18.        Europe Border Security: Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

Figure 19.        Europe Critical Infrastructure Protection: Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

Figure 20.        Europe Commercial Security: Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

Figure 21.        Europe Others: Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

Figure 22.        Europe: Security Inspection Market Revenue Share, By Country (2019 and 2027)

Figure 23.        Germany: Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

Figure 24.        France: Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

Figure 25.        Italy: Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

Figure 26.        UK: Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

Figure 27.        Russia: Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

Figure 28.        Rest of Europe: Security Inspection Market – Revenue and Forecast to 2027 (US$ Million)

Figure 29.          Impact of COVID-19 Pandemic in Europe Country Markets

Some of the leading companies are:

  1. ADANI
  2. C.E.I.A. SpA
  3. EAS Envimet Analytical Systems Ges.m.b.H.
  4. Gilardoni S.p.A.
  5. Leidos
  6. Nuctech Company Limited
  7. OSI Systems, Inc.
  8. Smiths Group plc
  9. unival group GmbH  
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe security inspection market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in Europe security inspection market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the security inspection market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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