Blockchain Press Releases
X-Ray Security Screening Market to Reach $8.3 Billion, Globally, by 2032 at 9.4% CAGR: Allied Market Research

The global x-ray security screening market is driven by factors including a surge in security threats, a rise in air travel and international trade, and ongoing airport upgrades and expansions.
PORTLAND, Ore., Aug. 4, 2023 /PRNewswire/ — Allied Market Research published a report titled, “X-Ray Security Screening Market, by Application (People Screening and Product Screening), End Use (Transit, Commercial, and Government): Global Opportunity Analysis and Industry Forecast, 2023-2032.” According to the report, the global x-ray security screening industry generated $3.4 billion in 2022 and is projected to reach $8.3 billion by 2032, registering a CAGR of 9.4% from 2023 to 2032.
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The X-ray security screening industry has advanced rapidly, and the adoption of new technologies has improved its usability, speed, and safety. Beyond industrial applications, the use of X-ray security screening systems has expanded because of the factors mentioned. The effectiveness of X-ray security systems has been greatly improved by technological developments in hardware, such as tubes, detectors, and sources, as well as advancements in software. Nowadays, there are opportunities for the industry’s growth in upgrading existing security screening installations.
Prime Determinants of Growth:
The global x-ray security screening market is driven by factors including a surge in security threats, a rise in air travel and international trade, and ongoing airport upgrades and expansions. However, health and safety concerns pose a restraint on the growth of the X-ray security screening market during the forecast period. Moreover, technological advancements and the availability of diverse solutions have driven the growth of airport-related security solutions and upgrades, which will create lucrative opportunities in the upcoming future.
Report Coverage & Details:
Report Coverage |
Details |
Forecast Period |
2022–2032 |
Base Year |
2022 |
Market Size in 2022 |
$3.4 Billion |
Market Size in 2032 |
$8.3 Billion |
CAGR |
9.4 % |
No. of Pages in Report |
285 |
Segments covered |
Application, End Use, and Region |
Drivers |
Rise in security threats |
Growing air travel and international trade |
|
Opportunities |
Technological advancements |
The availability of diverse solutions has driven the growth of airport-related security solutions and upgrades |
|
Restraints |
Health and safety concern |
COVID-19 Scenario:
- The global X-ray security screening market experienced a significant impact from the COVID-19 pandemic. The demand for security screening systems at airports and transportation hubs decreased with travel restrictions and border closures. In addition, delayed infrastructure projects and budget constraints further affected market growth.
- However, the pandemic highlighted the importance of safety and security and generated a growing interest in advanced screening technologies. In response, X-ray security screening vendors introduced touchless and contactless solutions to address health concerns. As restrictions eased, airports and malls implemented non-contact methods like X-ray screening and automated checkpoints. Thus, this increases the X-ray security screening industry’s growth.
The People Screening Segment to maintain its Leadership Status during the forecast period
Based on application, the people screening segment held the major share in 2022, accounting for more than three-fifths of the global x-ray security screening market revenue, and it is expected to maintain its leadership status during the forecast period. The continuous demand for enhanced security measures in high-risk locations, such as airports and government buildings, drives the sustained growth of people screening applications. On the other hand, the product screening segment would display the highest CAGR of 10.4% from 2023 to 2032. Factors contributing to its dominance include the increasing need for stringent security measures in response to rising security threats and the growing importance of securing supply chains and critical infrastructure in various industries, such as logistics and manufacturing.
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The Transit Segment is Projected to Rule the Roost by 2032
Based on end use, the transit segment held the largest share in 2022, contributing to nearly two-fifths of the global x-ray security screening market revenue, and is projected to rule the roost by 2032. The same segment would also showcase the fastest CAGR of 10.05% from 2023 to 2032. The remarkable growth of the transit segment can be attributed to several factors. Its continued dominance is fueled by increasing global passenger numbers and growing security concerns. The introduction of innovative screening technologies, such as walk-through body scanners and baggage screening systems, contributes to its remarkable growth.
North America to Maintain its Dominance Throughout the Forecast Period
Based on region, North America held the highest market share in 2022, garnering nearly two-fifths of the global x-ray security screening market revenue, and is expected to maintain its dominance throughout the forecast period. The growth is attributed to advanced screening technologies, investments in security infrastructure, and the presence of major airports. However, the Asia-Pacific region is expected to witness the fastest CAGR of 10.56% from 2023 to 2032. This is due to rapid urbanization, population growth, and increased critical infrastructure, which drive the demand for X-ray security screening solutions. Additionally, significant economic development, international trade activities, and government investments in advanced security scanners further fuel market growth in the region.
Leading Market Players:
- Rapiscan Systems Inc.
- Analogic Corporation
- 3DX-Ray Ltd.
- L-3 Communications Security & Detection Systems
- Smiths Detection, Inc.
- Westminster International Ltd.
- Thales
- Astrophysics Inc.
- Burker
- OSI Systems, Inc.
The report provides a detailed analysis of these key players in the global x-ray security screening market. These players have adopted different strategies, such as product launches, collaborations, and contracts, to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, developments, and product portfolios of every market player.
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Key Benefits For Stakeholders:
· This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the x-ray security screening market analysis and x-ray security screening market outlook from 2021 to 2031 to identify the prevailing market opportunity.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global x-ray security screening market trends, key players, market segments, application areas, and market growth strategies.
X-Ray Security Screening Market Key Segments:
By Application
- People Screening
- Product Screening
By End-Use
- Transit
- Commercial
- Government
By Region
- North America (U.S., Canada, Mexico)
- Europe (UK, Germany, France, Rest of Europe)
- Asia-Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific)
- LAMEA (Latin America, Middle East, Africa)
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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Blockchain Press Releases
Bybit Kicks off USDT Festival with 1.5 Million USDT in Prizes

DUBAI, UAE, March 12, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency, celebrates financial innovation with the Bybit USDT Festival in a series of events catering to diverse users. From Bybit Card holders to trading pros, Bybit users and community members are sharing over 1.5 million USDT in prizes through various rewards programs.
Festival Highlights
- USDT Derivatives Trading Challenge
Half a million USDT await qualified traders in USDT options and futures at the 500K USDT Derivatives Trading Challenge from now to Mar. 31, 2025. Participants will receive USDT bonuses based on their contributions to the total trading volume, regardless of profit and loss percentage. This inclusive structure allows both individual and institutional traders to earn additional rewards from the 500K USDT prize pool alongside their trading profits.
- Spending Smart with the Bybit Card
As part of the USDT Festival, the Bybit Card will activate a limited-time offer for eligible new users. In addition to the 10% cashback exclusive offer for newcomers, successful new applicants will also gain an instant 10 USDT cashback by simply signing up and spending at least 200 USDT or its equivalent. Between Mar. 10 and Mar. 31, 2025, users can maximize their rewards by setting USDT as the default cashback option for future transactions.
- Bybit Learn: Read-to-Earn USDT Festival Special
Bybit users will be able to take advantage of Bybit Learn’s Read-to-Earn program and enroll in USDT-themed courses for Bybit Earn and Bybit P2P for extra rewards. Starting this March, Bybit Learn will set aside an additional 20,000 USDT for eligible participants.
- Social and Community Giveaway
Bybit fans on official social media and Telegram channels are in for surprises in mini interactive giveaways with 40,000 USDT in prizes throughout March.
- All-Things USDT at Bybit: USDT Festival Livestream
To find out all about the USDT-related benefits and programs at Bybit this spring, users may watch the replay of the USDT Festival livestream featuring speakers from Bybit’s product team, wealth management unit, VIP team, and Bybit Card. Designed to empower traders with expert insights and exclusive opportunities, the livestream was a deep dive into advanced USDT trading strategies, market trends, and an overview of the exclusive perks and competition mechanisms of the USDT Festival.
- TradeMasters Grand Prix 2025 Series 1
High-stake traders have concluded the USDT-themed March TradeMasters Grand Prix in its first instalment of 2025, dividing up a 1 million USDT prize pool.
“The USDT Festival represents our commitment to educating and empowering traders in the dynamic cryptocurrency market,” says Joan Han, Sales and Marketing Director at Bybit. “Stablecoins are facilitating financial opportunities for millions of people and businesses around the world, achieving instant finality and unparalleled cost efficiency. USDT’s utility is its strength, and we are supporting our users in seeking opportunities in the stablecoin ecosystem through Bybit’s powerful platform and offerings,” she said.
USDT is a leading stablecoin that has maintained a $1 peg to the US dollar since its launch in 2014. With a market capitalization exceeding $140 billion at the time of writing, USDT is the most widely traded stablecoin and plays a critical role in the cryptocurrency ecosystem. USDT’s deep liquidity makes it a bridge between fiat currencies and digital assets, enabling seamless transactions and trading within the decentralized finance (DeFi) space.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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Blockchain Press Releases
AB DAO Accelerates Global Expansion: Now AB Listed on BitMart & HTX AMA to Explore the Future of Web3

SINGAPORE, March 12, 2025 /PRNewswire/ — AB DAO announced today that $AB has been officially listed on BitMart (bitmart.com). Next, $AB will soon be listed on Lbank (lbank.com) and Biconomy (biconomy.com), further enhancing global liquidity and ecosystem influence.
At the same time, AB DAO has been invited to participate in HTX AMA, discussing AB public chain technology innovation, Real-World Asset (RWA) integration, and Web3 ecosystem development prospects.
BitMart $AB Trading Details
Trading Pair: AB/USDT
Deposit Opening: March 12, 2025, 17:00 (UTC+8)
Trading Opening: March 13, 2025, 17:00 (UTC+8)
Withdrawal Opening: March 14, 2025, 17:00 (UTC+8)
BitMart Official Announcement:
https://bitmart.zendesk.com/hc/en-us/articles/34819457308187
HTX AMA: AB Public Chain and the Future of Community Governance
As part of its global expansion, AB DAO has been invited to join the HTX AMA to explore key topics such as Layer-1 blockchain competitiveness, AB’s innovations in Real-World Assets (RWA), cross-chain interoperability, and DAO governance models.
Event Time: March 13, 2025, 20:00 (UTC+8)
AMA Topic: AB Public Chain: Unlocking the Future of Community Governance
AMA Details & Participation Link:
https://www.htx.com/en-us/live/detail/h5?id=67746&invite_code=sbs66223&inviter_id=11351630
AB DAO Global Ecosystem Continues to Expand
$AB is now available on the following exchanges:
Bitget (bitget.com)
HTX (htx.com)
MEXC (mexc.com)
BingX (bingx.com)
BitMart (bitmart.com)
Hotcoin (hotcoin.com)
UEEx (ueex.com)
4E (eeee.com)
Coming Soon:
Lbank (lbank.com)
Biconomy (biconomy.com)
The listing of $AB on BitMart marks another major step in AB DAO’s global expansion strategy. In the coming months, AB will continue listing on more exchanges, expanding its ecosystem use cases and accelerating worldwide adoption.
AB DAO’s Goal: 100 Million $AB Holders
Stay Updated with AB DAO
Official Website: https://ab.org
Telegram Global Community: https://t.me/Newtonproject
Telegram Chinese Community: http://t.me/ABgonglian
Telegram English Channel: https://t.me/AB202528
X (Twitter): https://x.com/ABDAO_Global
Discord: https://discord.gg/BSbgK6J
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Blockchain Press Releases
BingX Welcomes DeepLink Protocol to Launchpool, Offering 6,666,667 DLC Tokens for Staking

PANAMA CITY, March 12, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, introduced DeepLink Protocol ($DLC) to its Launchpool, offering its users access to decentralized cloud gaming experience powered by AI and blockchain technology. The staking pools will open from March 14th for 4 days with a total allocation of 6,666,667 DLC tokens. This collaboration aims to accelerate the growth of the web3 gaming ecosystem by supporting the AI, DePIN and decentralized computing industry with cloud-based infrastructure.
Designed for applications like cloud esports, AAA gaming, and remote gaming setups, DeepLink Protocol is transforming cloud gaming on any device by integrating AI Agents, DePIN, decentralized GPU computing, and ultra-low latency cloud rendering into a seamless ecosystem. Supporting 8K visuals and a 1-millisecond response time, it delivers a seamless experience for over 2.7 million users across 120 countries.
Bringing DeepLink Protocol to BingX Launchpool enhances the platform’s value proposition by introducing a new dimension of blockchain-powered gaming. This integration enables BingX users to benefit from DeepLink’s innovative ecosystem at no cost while reinforcing the platform’s position at the forefront of Web3 advancements.
“At BingX, we are committed to connecting our users with the most promising innovations in the Web3 space,” said Vivien Lin, Chief Product Officer of BingX. “DeepLink Protocol represents a game-changing evolution. Through this Launchpool, we empower our users to access and benefit from emerging blockchain ecosystems while reinforcing BingX as a gateway to the future of decentralized applications.”
This Launchpool event gives users the opportunity to easily engage with DeepLink Protocol before its spot trading goes live. This new integration provides early access to innovative blockchain projects while reinforcing BingX’s commitment to bridging decentralized technology with real-world applications.
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.
For more information please visit: https://bingx.com/

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