Latin America X-ray Security Screening Market Size & Outlook
Latin America x-ray security screening market, 2018-2030 (US$M)
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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 |
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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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Target buyers of Latin America x-ray security screening market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
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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