OSI Systems, Inc. - Experts & Thought Leaders

New research suggests that the global security screening market is anticipated to grow from USD 9.92 billion in 2025 to USD 13.80 billion in 2030, at a compound annual growth rate (CAGR) of 6.8%. Report authors, Marketsandmarkets, say that the accelerated expansion in this sector is primarily fueled by an increase in global security threats, a surge in terrorism-related risks, and a growing need for enhanced public safety measures at key infrastructure points such as transportation hubs, government facilities, and commercial establishments. Advancements in imaging AI enables automated threat recognition and real-time decisions, enhancing operational efficiency The findings also show that advancements in imaging, AI-based threat detection, and biometrics are streamlining security screening, making it faster, more accurate, and less intrusive. AI enables automated threat recognition and real-time decisions, enhancing operational efficiency.  Demand is rising due to regulatory mandates, growing air travel, and cross-border trade. Security screening is also expanding into critical infrastructure, schools, and entertainment venues, becoming essential for proactive risk mitigation and compliance with global standards. X-ray screening technology holds a significant share X-ray screening technology is likely to hold a significant share of the security screening market during the forecast period, as this technology is the most important means of detecting concealed threats, such as explosives, weapons, and prohibited items. It is extensively used in airports, government offices, shops, and other secure locations. X-ray screening systems can be integrated with advanced technologies, such as dual-energy X-ray and computed tomography, to improve threat detection accuracy and efficiency. Growing global security concerns, the expansion of transportation hubs, and stricter regulations are driving widespread adoption. Dynamic security needs of various industries Innovations such as AI-powered imaging and automated threat detection improve performance Innovations such as AI-powered imaging and automated threat detection improve performance by reducing false alarms. Although high costs and privacy concerns remain challenges, X-ray screening systems are recognized for their reliability and versatility, maintaining a pioneering position in the market. Ongoing advancements in non-intrusive screening continue to support their evolution, meeting the dynamic security needs of various industries with robust and adaptable solutions. Upgrading technology for baggage & cargo screening systems The baggage & cargo screening segment is anticipated to hold a significant share of the security screening market throughout the forecast period because of the increasing requirement for robust security at airports, seaports, border crossing points, and logistics centers. With the growth in international air travel and cross-border trade, preserving the safety and integrity of goods and passenger belongings transported has become a key concern. This has led to greater demand for advanced screening equipment, including X-ray screening, computed tomography (CT), and explosive trace detection (ETD) systems, which can identify hidden threats. Automation and AI-based analytics The growth of e-commerce and express delivery services drives the demand for efficient cargo screening Greater utilization of automation and AI-based analytics in screening optimizes threat detection efficiency with high throughput and operational performance. In addition, regulatory mandates by international aviation and customs organizations are compelling operators to upgrade legacy systems to meet evolving safety needs. Additionally, the growth of e-commerce and express delivery services drives the demand for efficient cargo screening, making this segment a global security screening market pioneer. Transport is a fast-growing vertical Due to several critical factors, the transportation segment consistently stands out as the fastest-growing vertical in the security screening market. Primarily, the ever-increasing global passenger and cargo volumes across all modes of transport—air, rail, road, and sea—necessitate a constant upgrade and expansion of security infrastructure. Airports, in particular, face immense pressure to process millions of travellers and tons of cargo daily, driving demand for high-throughput, efficient, and accurate screening solutions. Secondly, the persistent and evolving threat landscape from terrorism, illicit trafficking, and organized crime remains a primary driver. Vulnerability of transportation networks High-profile incidents globally underscore the vulnerability of transportation networks High-profile incidents globally underscore the vulnerability of transportation networks and compel governments and private operators to invest in advanced security technologies continuously. This includes a heightened focus on detecting explosives, weapons, and contraband, pioneering to adopting sophisticated X-ray scanners, trace detectors, and advanced metal detection systems. Significant growth in North America North America will experience a significant growth in the security screening market during the forecast period, driven by increasing investments in advanced security infrastructure across public and private organizations. Homeland security initiatives throughout the region, particularly at airports, border checkpoints, and critical infrastructure locations, fuel demand for advanced screening technologies such as X-ray machines, biometric scanners, and AI-powered threat detection systems. Availability of large security technology Technological advancements and innovations by major market players in North America In addition, stringent regulatory environments and government initiatives to strengthen security processes also fuel market growth. Increasing passenger traffic, cargo shipments, and increasing terror and smuggling activities also sustain the application of advanced screening machines. Moreover, technological advancements and innovations by major market players in North America are accelerating the region's market presence. The availability of large security technology vendors and service providers also facilitates the rapid deployment and integration of new solutions, ensuring constant market growth during the forecast period. Key players Some of the major companies operating in the security screening market and named in the research are businesses such as, Smiths Detection Group Ltd., OSI Systems, Inc., Leidos, Thales, and NEC Corporation.

OSI Systems, Inc. announced that its Security division received an order from an international customer valued at approximately $81 million to provide multiple units of the Eagle® M60 mobile high-energy cargo and vehicle inspection system. The inspection systems are expected to be used for securing borders and critical infrastructure. OSI Systems’ President and CEO, Ajay Mehra, stated, “We are pleased to receive this significant award from an existing customer. The Eagle® M60's rugged design has demonstrated its effectiveness in meeting the most stringent security demands, while its mobility enables swift adjustments to security checkpoint locations, enhancing overall protection.”

OSI Systems, Inc. announced that its Security division received an order valued at approximately $23 million to assist in the deployment and integration of long-range radio frequency (RF) critical communication systems. As part of the award, the Company is expected to provide critical hardware as well as technical services designed to enhance the long-term availability of US government strategic RF communications capability in critical regions of the world. Protecting people and infrastructure OSI Systems’ President and CEO, Ajay Mehra, commented, “With our recent acquisition of an RF-based critical solutions business serving defense customers, the Security division further expanded its product portfolio for the protection of people and infrastructure." "We are pleased with this notable award and look forward to supporting this long-standing customer’s efforts to upgrade and enhance US secure communications.”