15
IMARC Group’s latest report, titled
“Security Screening Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, finds that global security screening systems market exhibited moderate growth during 2015-2020. Security screening systems detect the presence of any illegal or prohibited items by examining individuals and their luggage. The traditional security methods, such as manual scanning, are now being replaced with enhanced X-ray security screening systems that enable advanced imaging of individuals without any inconvenience and intrusion of their privacies. Security screening technology helps in safeguarding people from explosives, concealed weapons and other contrabands without any physical contact between the screener and the object that is being screened. As a result, these systems are commonly deployed at government offices, border terminal points, airports, railway stations, educational institutions and various commercia
Press release content from Business Wire. The AP news staff was not involved in its creation.
Global Security Appliances Industry (2020 to 2027) - Impact Analysis of COVID-19 - ResearchAndMarkets.com
February 17, 2021 GMT
The publisher brings years of research experience to the 9th edition of this report. The 133-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
ADVERTISEMENT
Global Security Appliances Market to Reach $148.6 Billion by 2027
Amid the COVID-19 crisis, the global market for Security Appliances estimated at US$66.2 Billion in the year 2020, is projected to reach a revised size of US$148.6 Billion by 2027, growing at a CAGR of 12.3% over the analysis period 2020-2027.
Aeronautics buys Magal s integrated solutions activities
Magal, controlled by FIMI, will now focus on four key areas: energy, logistics, critical infrastructure and correctional facilities.
Israeli unmanned aerial systems developer Aeronautics Group, a unit of Rafael Advanced Defense Systems Ltd., has announced that it is acquiring the integrated solutions (projects) division of Israeli company Magal Security Systems Ltd. (Nasdaq: MAGS; TASE: MAGS), including all the division s global operations and subsidiaries. No financial details were disclosed.
The acquisition will extend Aeronautics Group s operations in the defense, and homeland security markets. The acquisition is expected to be completed in the second quarter of 2021, and is subject to customary closing conditions, including regulatory approvals.
India Perimeter Intrusion Detection and Prevention Market Key Insights, Profiling Companies and Growth Strategies by 2023 texasguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from texasguardian.com Daily Mail and Mail on Sunday newspapers.