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Stock impact report

X-ray Security Screening Market to Reach USD 11.76 Billion by 2032, Driven by Increasing Security Concerns and Growing Infrastructure Investments | SNS Insider [Yahoo! Finance]

L3Harris Technologies, Inc. (LHX) 
Last l3harris technologies, inc. earnings: 2/4 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Austin, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Market Size & Growth Insights: According to the SNS Insider, “The X-ray Security Screening Market Size was valued at USD 5.85 Billion in 2023 and is expected to reach USD 11.76 Billion by 2032 and grow at a CAGR of 8.09% over the forecast period 2024-2032.” Heightened Security Concerns and Investments Propel X-ray Security Screening Market Growth The growth of the X-ray Security Screening Market is driven by rising public concerns over terrorism, smuggling, and regulatory compliance in sectors like airports, ports, and border control. Governments and private organizations are heavily investing in advanced X-ray technologies to detect concealed weapons, explosives, and contraband efficiently. Increased passenger traffic, especially at airports, has intensified the need for high-capacity, accurate screening systems. Notably, the Transportation Security Administration (TSA) in the U.S. is modernizing its airport checkpoints, commissioning Show less Read more
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