Full Body Scanners Market Worth $1.37 Billion by 2017 - Report by MarketsandMarkets
(PRWEB) April 11, 2014 -- According to a new market research report, "Global Commercial Airport Full Body Scanners Market (2012 - 2017)", authored by Jerryd Peter, Commercial Aviation Analyst, the total market for full body scanners is expected to reach $1.37 Billion by 2017, with a CAGR of 41.58%.
The global full body scanners market revenue is expected to grow from $0.24 billion in 2012 to $1.37 billion by 2017, at an estimated CAGR of 41.57% from 2012 to 2017.
Browse 111 market data tables with 109 figures spread through 223 pages and in-depth TOC on "Global Commercial Airport Full Body Scanners Market (2012 - 2017)".
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Full Body Scanners play an important role in the airport safety and security systems and solutions. These systems are the back bones of the growing demands for screening the passengers for security check. It is time that public awareness towards these machines is created so that they get to know the real facts on the radiation levels they will be exposed to and privacy policies about data sharing associated with these the full body scanners. People need to understand that their images will not be seen by anyone. It is again about instilling confidence in the minds of the passengers, so that they can start using these body scanners without any inhibitions.
Full Body Scanners have become the need of the hour, due to constant threats and attacks thrust upon by various outfits, to dismantle the peace and tranquility of various nations. The good news is, these scanners are already in use across many parts of the world. Growing fear of the on-board attacks and threats of hostage situation are strong driver for this rising adoption. This technology can detect a wide range of threats to air transportation security in a matter of seconds, which plays a vital role in protecting the passengers and crews.
United States of America commanded the largest share of the full body scanners market revenue in 2012 at $146.3 million. It is expected to reach $585.9 million by 2017, at a CAGR of 31.99% from 2012 to 2017.
In addition to market sizes and forecasts, the research report also provides detailed analysis of the market trends and factors influencing market growth. The report also offers in-depth geographic analyses of the Full Body Scanners market in geographic regions like North America, Europe, Asia-Pacific, Latin America and Africa. The report draws clear competitive landscape of the market, providing a thorough comparative analysis of the technologies and strategies the key players are adopting in order to gain an edge over the competitors.
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