Europe Security Screening Market Share

Market Share of Europe Security Screening Industry

The European security screening market is moderately competitive, and the market poses relatively moderate barriers to entry for new players. Although the market has high capital requirements, moderate consolidation in the market is likely to support new entrants with high product differentiation. Market incumbents and large players such as Smiths Detection Group Ltd., 3DX-Ray Ltd, Teledyne ICM SA, etc. have a strong influence on the market.

• September 2020 - Smiths Detection announced the launch of a new X-ray inspection system called HI-SCAN 5030C, specifically designed to improve security screening operations from corporate campuses to courthouses. The HI-SCAN 5030C is the company's smallest X-ray inspection system and offers a wide variety of options, including a storage compartment, stainless steel castors, 24" monitor, etc.
• May 2020 - Leidos Holdings, Inc., completed the acquisition of L3Harris Technologies' Security Detection and Automation Businesses for USD 1 billion in cash, which helped Leidos establishing a comprehensive security and detection portfolio. The acquired businesses provide automated tray return systems, airport and critical infrastructure screening products, and other industrial automation products.

Europe Security Screening Market Leaders

1. Smiths Detection Group Ltd.

2. Leidos Holdings Inc. (L-3 Security and Detection Systems Inc.)

3. OSI Systems Inc.

4. 3DX-Ray Ltd (Image Scan Holdings PLC)

5. Teledyne ICM SA

*Disclaimer: Major Players sorted in no particular order