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Stock impact report

Baggage Scanners Market Size to Worth USD 3.15 Billion by 2032 Driven by Rising Security Demands and Technological Advancements | Research by SNS Insider [Yahoo! Finance Canada]

OSI Systems, Inc. (OSIS) 
Last osi systems, inc. earnings: 4/30 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.osi-systems.com
Austin, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Market Size & Growth Analysis: The SNS Insider report indicates that, “The Baggage Scanners Market Size was valued at USD 2.14 Billion in 2023 and is expected to reach USD 3.15 Billion by 2032 and grow at a CAGR of 4.15% over the forecast period 2024-2032.” Baggage Scanner Market Grows Amid Heightened Security Awareness and Technological Advancements The baggage scanner market is expanding rapidly due to rising global security concerns and increased public awareness of safety in high-traffic areas. These scanners, which use color-coded imaging to detect potential threats, are widely applied at airports, railway stations, border checkpoints, educational institutions, and commercial facilities. Government policies aimed at upgrading public infrastructure and enhancing security protocols at transit hubs are creating substantial growth opportunities. Currently, baggage handling systems dominate the market with an 87.7% share, while innovati Show less Read more
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