Rise in government regulations in Japan for security screening, surge in adoption of security screening in government buildings, and increase terrorism activities in the country drive the growth of the Japan urban security screening market. Based on product type, the baggage scanners segment accounted for the major share in 2020. By end use, on the other hand, the metro and railways segment contributed to the lion’s share in the same year.

Portland,OR, Feb. 01, 2022 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the Japan urban security screening market was pegged at $350.7 million in 2020, and is anticipated to hit $957.0 million by 2030, registering a CAGR of 10.8% from 2021 to 2030. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.

Rise in government regulations in Japan for security screening, surge in adoption of security screening in government buildings, and increase terrorism activities in the country drive the growth of the Japan urban security screening market. On the other hand, high installation & maintenance cost restrains the growth to some extent. However, new product development trends in the Japan urban security screening market are expected to create several opportunities in the industry.

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COVID-19 scenario-

• Economic hardships for consumers, businesses, and communities across the globe has impacted the Japan urban security screening market negatively, especially during the initial phase of the pandemic.

• However, the market is anticipated to get back on track soon.
  
  

The Japan urban security screening market is analyzed across product type and end use.

Based on product type, the baggage scanners segment accounted for nearly one-fifth of the total market share in 2020, and is expected to rule the roost by 2030. The CBRN detection segment, however, would cite the fastest CAGR of 14.4% throughout the forecast period.

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Based on end use, the metro and railways segment contributed to nearly one-fifth of the total market revenue in 2020, and is expected to lead the trail by 2030. Simultaneously, the commercial buildings segment would exhibit the fastest CAGR of 14.3% from 2021 to 2030.

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The key market players analyzed in the Japan urban security screening market report include Astrophysics, RAPISCAN, Autoclear, Ledios, Nuctech, Thruvision, Thermofisher, Smiths Group PLC, Hitachi, Environics, Proengine, and Bruker Daltonics. These market players have taken recourse to several strategies including partnership, expansion, collaboration, joint ventures, and others to prove their flair in the industry.

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