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Full Body Scanners Market expected to reach $7.82 billion by 2022

Global Full Body Scanners market is expected to grow at a strong Compound Annual Growth Rate (CAGR) of 41.7% reaching $7.82 billion by the year 2022.

PUNE, INDIA, November 16, 2016 /EINPresswire.com/ -- Full Body Scanners Industry

Global Full Body Scanners market accounted for $0.48 billion in 2014 and is expected to grow at a strong Compound Annual Growth Rate (CAGR) of 41.7% reaching $7.82 billion by the year 2022. The manufacturers are constantly into research and development in order to create new and innovative technologies. The market is witnessing its expansion phase with several mergers & acquisitions taking place between the manufacturers and the technology providers. Internationally, the full-body scanner market is expected to grow at a healthy growth rate due to rise in the use of technology in various security services of airports, train stations, and defence amenities etc. In a global context the major part of the market is not yet tapped, thus manufacturers are investing heavily into research and development and vertical integration so as to come up with foster innovations and capitalize the growth opportunity.

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The global full body scanners market is segmented on technology types, application and region. Depending on the technology type the market is segmented into Millimetres wave scanners, Back scatter X-ray, 3d body scanners, active scanners, passive scanners and transmission scanners. Based on application full body scanner market is categorized into Public Safety and Urban Safety.

Geographically full body scanners market is segmented into four regions such as North America, Europe, Asia Pacific and Rest of the World (Row). North America commanded the largest share of full body scanners market revenue in 2014 accounting for $350.2 million and is expected to grow at a CAGR of 34.8%.

Major players in the market include ADANI (Belarus), Autoclear LLC (USA), CST Digital Communication Pty., Ltd. (South Africa), American Science and Engineering, Inc. (USA), Cyberware, Inc. (USA), Safran Morpho (France), MAS Security Solutions (USA), Nuctech

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Co., Ltd. (China), OSI Systems, Inc. (USA), and ODSecurity (The Netherlands).

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