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Security Inspection Equipment Market Develop Fast

Security Inspection Equipment Market Develop Fast

A. Security inspection equipment history
The world's first metal detector was born in 1960. The first metal detectors that entered the industrial age are also mainly used in the industry and mining industry. They are a powerful helper for checking the purity of minerals and improving efficiency. With the development of society, crime cases are on the rise. In 1970, metal detectors were introduced into a new application field - security inspection, which is the prototype of the metal detection door we use today. Its appearance means that human's awareness of security has entered a new era. Since then, the development of the aviation industry, the rise of violent security inspections in prisons, and the gradual opening of corporate demands have continuously promoted the progress of the security inspection equipment industry.

B. Terrorist incidents have been a major threat to global security
In recent years, the demand for security screening equipment has been continuously increasing due to the increase in illegal immigration and terrorist attacks worldwide. Since 9/11 in the United States, the London bombings in 2007, the Mumbai attacks in 2008, and the mass shootings at New Zealand mosques in 2019 have all cast a cloud over the world's security scene. According to the Global Terrorism Database, in 2019, there were 8,500 announced attacks worldwide, with more than 20,300 people killed, including 5,460 terrorist attackers and 14,840 victims.

C. The market size of the global security inspection equipment industry in 2020 is about 7 billion US dollars
Although the number of terrorist attacks worldwide is showing a downward trend year by year, the security industry will face more severe challenges. With the acceleration of the globalization process, the number of international trade in goods and the number of international travelers has risen sharply, and the security inspection equipment industry needs to gradually move towards precision, efficiency and intelligence. According to Markets & Markets, the market size of the global security inspection equipment industry in 2020 will be around US$7 billion, an increase of 6.3% over 2019.

D. X-ray security inspection equipment dominates
In the global security inspection equipment industry, the largest proportion is still X-ray security inspection equipment. According to the data released by Markets & Markets, X-ray security inspection equipment accounts for 41% of the overall security inspection equipment market size, followed by explosives security inspection equipment. , accounting for about 20%. The market shares of liquid security inspection equipment and handheld metal detectors are 7% and 9% respectively.

E.The market size is expected to exceed $10 billion in 2026
According to Markets & Markets' forecast on the market size of the global security inspection equipment industry, the global security inspection equipment market size will be US$7.4 billion in 2021. It is estimated that by 2026, the global security inspection equipment market size will exceed 10 billion US dollars, with a 5-year compound annual growth rate of 6.3%.

F.OVCITOR x-ray protective materials help the development of the security inspection machine industry.
In the past 15 years, we have introduced environmentally friendly / thin and extra flexible/ lead rubber and lead-free X-ray protective materials to the world market to meet different market needs, especially in the field of security inspection machines, our products have been well received by users for their excellent quality.