Global X Ray Screening System Market Research Report 2025(Status and Outlook)
Description
Report Overview
The X-ray screening system market encompasses advanced security and inspection technologies used across various sectors, including aviation, healthcare, logistics, and public safety. These systems employ X-ray imaging to detect concealed threats, contraband, or anomalies in baggage, cargo, medical applications, and industrial settings. The market is driven by increasing security concerns, stringent regulatory requirements, and the growing need for non-invasive inspection methods. Technological advancements, such as AI-powered image analysis, dual-energy X-ray systems, and automated threat detection, are enhancing accuracy and efficiency. Demand is further fueled by rising air passenger traffic, expanding e-commerce logistics, and the modernization of healthcare infrastructure. However, high costs, radiation safety concerns, and the complexity of integrating these systems into existing workflows pose challenges. Key players focus on innovation, compliance with international standards, and strategic partnerships to maintain competitiveness in this evolving landscape. Regional growth is particularly strong in North America, Europe, and Asia-Pacific, where infrastructure development and security investments are prioritized.
The global X Ray Screening System market size was estimated at USD 3337.51 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 7.57% during the forecast period.
This report provides a deep insight into the global X Ray Screening System market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global X Ray Screening System Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the X Ray Screening System market in any manner.
Global X Ray Screening System Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
ADANI
Smiths Detection
Scanna
Astrophysics Inc.
UTI Grup
Bavak Beveiligingsgroep
L3 Security and Detection Systems
Rapiscan Systems
Nuctech
Market Segmentation (by Type)
People X-ray Screening
Baggage and Cargo X-ray Screening
Vehicle X-ray Screening
Others
Market Segmentation (by Application)
Prisons and Correctional Facilities
Customs and Border Crossings
Mines and Industrial Security
Hotels, Public and Government Buildings
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the X Ray Screening System Market
Overview of the regional outlook of the X Ray Screening System Market:
Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the X Ray Screening System Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 shares the main producing countries of X Ray Screening System, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.
Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.
Chapter 13 is the main points and conclusions of the report.
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
The X-ray screening system market encompasses advanced security and inspection technologies used across various sectors, including aviation, healthcare, logistics, and public safety. These systems employ X-ray imaging to detect concealed threats, contraband, or anomalies in baggage, cargo, medical applications, and industrial settings. The market is driven by increasing security concerns, stringent regulatory requirements, and the growing need for non-invasive inspection methods. Technological advancements, such as AI-powered image analysis, dual-energy X-ray systems, and automated threat detection, are enhancing accuracy and efficiency. Demand is further fueled by rising air passenger traffic, expanding e-commerce logistics, and the modernization of healthcare infrastructure. However, high costs, radiation safety concerns, and the complexity of integrating these systems into existing workflows pose challenges. Key players focus on innovation, compliance with international standards, and strategic partnerships to maintain competitiveness in this evolving landscape. Regional growth is particularly strong in North America, Europe, and Asia-Pacific, where infrastructure development and security investments are prioritized.
The global X Ray Screening System market size was estimated at USD 3337.51 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 7.57% during the forecast period.
This report provides a deep insight into the global X Ray Screening System market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global X Ray Screening System Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the X Ray Screening System market in any manner.
Global X Ray Screening System Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
ADANI
Smiths Detection
Scanna
Astrophysics Inc.
UTI Grup
Bavak Beveiligingsgroep
L3 Security and Detection Systems
Rapiscan Systems
Nuctech
Market Segmentation (by Type)
People X-ray Screening
Baggage and Cargo X-ray Screening
Vehicle X-ray Screening
Others
Market Segmentation (by Application)
Prisons and Correctional Facilities
Customs and Border Crossings
Mines and Industrial Security
Hotels, Public and Government Buildings
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the X Ray Screening System Market
Overview of the regional outlook of the X Ray Screening System Market:
Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the X Ray Screening System Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 shares the main producing countries of X Ray Screening System, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.
Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.
Chapter 13 is the main points and conclusions of the report.
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
Table of Contents
141 Pages
- 1 Research Methodology And Statistical Scope
- 1.1 Market Definition And Statistical Scope Of X Ray Screening System
- 1.2 Key Market Segments
- 1.2.1 X Ray Screening System Segment By Type
- 1.2.2 X Ray Screening System Segment By Application
- 1.3 Methodology & Sources Of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown And Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 X Ray Screening System Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global X Ray Screening System Market Size (M Usd) Estimates And Forecasts (2020-2033)
- 2.1.2 Global X Ray Screening System Sales Estimates And Forecasts (2020-2033)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size By Region
- 3 X Ray Screening System Market Competitive Landscape
- 3.1 Company Assessment Quadrant
- 3.2 Global X Ray Screening System Product Life Cycle
- 3.3 Global X Ray Screening System Sales By Manufacturers (2020-2025)
- 3.4 Global X Ray Screening System Revenue Market Share By Manufacturers (2020-2025)
- 3.5 X Ray Screening System Market Share By Company Type (Tier 1, Tier 2, And Tier 3)
- 3.6 Global X Ray Screening System Average Price By Manufacturers (2020-2025)
- 3.7 Manufacturers’ Manufacturing Sites, Areas Served, And Product Types
- 3.8 X Ray Screening System Market Competitive Situation And Trends
- 3.8.1 X Ray Screening System Market Concentration Rate
- 3.8.2 Global 5 And 10 Largest X Ray Screening System Players Market Share By Revenue
- 3.8.3 Mergers & Acquisitions, Expansion
- 4 X Ray Screening System Industry Chain Analysis
- 4.1 X Ray Screening System Industry Chain Analysis
- 4.2 Market Overview Of Key Raw Materials
- 4.3 Midstream Market Analysis
- 4.4 Downstream Customer Analysis
- 5 The Development And Dynamics Of X Ray Screening System Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Industry News
- 5.4.1 New Product Developments
- 5.4.2 Mergers & Acquisitions
- 5.4.3 Expansions
- 5.4.4 Collaboration/Supply Contracts
- 5.5 Pest Analysis
- 5.5.1 Industry Policies Analysis
- 5.5.2 Economic Environment Analysis
- 5.5.3 Social Environment Analysis
- 5.5.4 Technological Environment Analysis
- 5.6 Global X Ray Screening System Market Porter's Five Forces Analysis
- 5.6.1 Global Trade Frictions
- 5.6.2 U.S. Tariff Policy – April 2025
- 5.6.3 Global Trade Frictions And Their Impacts To X Ray Screening System Market
- 5.7 Esg Ratings Of Leading Companies
- 6 X Ray Screening System Market Segmentation By Type
- 6.1 Evaluation Matrix Of Segment Market Development Potential (Type)
- 6.2 Global X Ray Screening System Sales Market Share By Type (2020-2025)
- 6.3 Global X Ray Screening System Market Size Market Share By Type (2020-2025)
- 6.4 Global X Ray Screening System Price By Type (2020-2025)
- 7 X Ray Screening System Market Segmentation By Application
- 7.1 Evaluation Matrix Of Segment Market Development Potential (Application)
- 7.2 Global X Ray Screening System Market Sales By Application (2020-2025)
- 7.3 Global X Ray Screening System Market Size (M Usd) By Application (2020-2025)
- 7.4 Global X Ray Screening System Sales Growth Rate By Application (2020-2025)
- 8 X Ray Screening System Market Sales By Region
- 8.1 Global X Ray Screening System Sales By Region
- 8.1.1 Global X Ray Screening System Sales By Region
- 8.1.2 Global X Ray Screening System Sales Market Share By Region
- 8.2 Global X Ray Screening System Market Size By Region
- 8.2.1 Global X Ray Screening System Market Size By Region
- 8.2.2 Global X Ray Screening System Market Size Market Share By Region
- 8.3 North America
- 8.3.1 North America X Ray Screening System Sales By Country
- 8.3.2 North America X Ray Screening System Market Size By Country
- 8.3.3 U.S. Market Overview
- 8.3.4 Canada Market Overview
- 8.3.5 Mexico Market Overview
- 8.4 Europe
- 8.4.1 Europe X Ray Screening System Sales By Country
- 8.4.2 Europe X Ray Screening System Market Size By Country
- 8.4.3 Germany Market Overview
- 8.4.4 France Market Overview
- 8.4.5 U.K. Market Overview
- 8.4.6 Italy Market Overview
- 8.4.7 Spain Market Overview
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific X Ray Screening System Sales By Region
- 8.5.2 Asia Pacific X Ray Screening System Market Size By Region
- 8.5.3 China Market Overview
- 8.5.4 Japan Market Overview
- 8.5.5 South Korea Market Overview
- 8.5.6 India Market Overview
- 8.5.7 Southeast Asia Market Overview
- 8.6 South America
- 8.6.1 South America X Ray Screening System Sales By Country
- 8.6.2 South America X Ray Screening System Market Size By Country
- 8.6.3 Brazil Market Overview
- 8.6.4 Argentina Market Overview
- 8.6.5 Columbia Market Overview
- 8.7 Middle East And Africa
- 8.7.1 Middle East And Africa X Ray Screening System Sales By Region
- 8.7.2 Middle East And Africa X Ray Screening System Market Size By Region
- 8.7.3 Saudi Arabia Market Overview
- 8.7.4 Uae Market Overview
- 8.7.5 Egypt Market Overview
- 8.7.6 Nigeria Market Overview
- 8.7.7 South Africa Market Overview
- 9 X Ray Screening System Market Production By Region
- 9.1 Global Production Of X Ray Screening System By Region(2020-2025)
- 9.2 Global X Ray Screening System Revenue Market Share By Region (2020-2025)
- 9.3 Global X Ray Screening System Production, Revenue, Price And Gross Margin (2020-2025)
- 9.4 North America X Ray Screening System Production
- 9.4.1 North America X Ray Screening System Production Growth Rate (2020-2025)
- 9.4.2 North America X Ray Screening System Production, Revenue, Price And Gross Margin (2020-2025)
- 9.5 Europe X Ray Screening System Production
- 9.5.1 Europe X Ray Screening System Production Growth Rate (2020-2025)
- 9.5.2 Europe X Ray Screening System Production, Revenue, Price And Gross Margin (2020-2025)
- 9.6 Japan X Ray Screening System Production (2020-2025)
- 9.6.1 Japan X Ray Screening System Production Growth Rate (2020-2025)
- 9.6.2 Japan X Ray Screening System Production, Revenue, Price And Gross Margin (2020-2025)
- 9.7 China X Ray Screening System Production (2020-2025)
- 9.7.1 China X Ray Screening System Production Growth Rate (2020-2025)
- 9.7.2 China X Ray Screening System Production, Revenue, Price And Gross Margin (2020-2025)
- 10 Key Companies Profile
- 10.1 Adani
- 10.1.1 Adani Basic Information
- 10.1.2 Adani X Ray Screening System Product Overview
- 10.1.3 Adani X Ray Screening System Product Market Performance
- 10.1.4 Adani Business Overview
- 10.1.5 Adani Swot Analysis
- 10.1.6 Adani Recent Developments
- 10.2 Smiths Detection
- 10.2.1 Smiths Detection Basic Information
- 10.2.2 Smiths Detection X Ray Screening System Product Overview
- 10.2.3 Smiths Detection X Ray Screening System Product Market Performance
- 10.2.4 Smiths Detection Business Overview
- 10.2.5 Smiths Detection Swot Analysis
- 10.2.6 Smiths Detection Recent Developments
- 10.3 Scanna
- 10.3.1 Scanna Basic Information
- 10.3.2 Scanna X Ray Screening System Product Overview
- 10.3.3 Scanna X Ray Screening System Product Market Performance
- 10.3.4 Scanna Business Overview
- 10.3.5 Scanna Swot Analysis
- 10.3.6 Scanna Recent Developments
- 10.4 Astrophysics Inc.
- 10.4.1 Astrophysics Inc. Basic Information
- 10.4.2 Astrophysics Inc. X Ray Screening System Product Overview
- 10.4.3 Astrophysics Inc. X Ray Screening System Product Market Performance
- 10.4.4 Astrophysics Inc. Business Overview
- 10.4.5 Astrophysics Inc. Recent Developments
- 10.5 Uti Grup
- 10.5.1 Uti Grup Basic Information
- 10.5.2 Uti Grup X Ray Screening System Product Overview
- 10.5.3 Uti Grup X Ray Screening System Product Market Performance
- 10.5.4 Uti Grup Business Overview
- 10.5.5 Uti Grup Recent Developments
- 10.6 Bavak Beveiligingsgroep
- 10.6.1 Bavak Beveiligingsgroep Basic Information
- 10.6.2 Bavak Beveiligingsgroep X Ray Screening System Product Overview
- 10.6.3 Bavak Beveiligingsgroep X Ray Screening System Product Market Performance
- 10.6.4 Bavak Beveiligingsgroep Business Overview
- 10.6.5 Bavak Beveiligingsgroep Recent Developments
- 10.7 L3 Security And Detection Systems
- 10.7.1 L3 Security And Detection Systems Basic Information
- 10.7.2 L3 Security And Detection Systems X Ray Screening System Product Overview
- 10.7.3 L3 Security And Detection Systems X Ray Screening System Product Market Performance
- 10.7.4 L3 Security And Detection Systems Business Overview
- 10.7.5 L3 Security And Detection Systems Recent Developments
- 10.8 Rapiscan Systems
- 10.8.1 Rapiscan Systems Basic Information
- 10.8.2 Rapiscan Systems X Ray Screening System Product Overview
- 10.8.3 Rapiscan Systems X Ray Screening System Product Market Performance
- 10.8.4 Rapiscan Systems Business Overview
- 10.8.5 Rapiscan Systems Recent Developments
- 10.9 Nuctech
- 10.9.1 Nuctech Basic Information
- 10.9.2 Nuctech X Ray Screening System Product Overview
- 10.9.3 Nuctech X Ray Screening System Product Market Performance
- 10.9.4 Nuctech Business Overview
- 10.9.5 Nuctech Recent Developments
- 11 X Ray Screening System Market Forecast By Region
- 11.1 Global X Ray Screening System Market Size Forecast
- 11.2 Global X Ray Screening System Market Forecast By Region
- 11.2.1 North America Market Size Forecast By Country
- 11.2.2 Europe X Ray Screening System Market Size Forecast By Country
- 11.2.3 Asia Pacific X Ray Screening System Market Size Forecast By Region
- 11.2.4 South America X Ray Screening System Market Size Forecast By Country
- 11.2.5 Middle East And Africa Forecasted Sales Of X Ray Screening System By Country
- 12 Forecast Market By Type And By Application (2026-2033)
- 12.1 Global X Ray Screening System Market Forecast By Type (2026-2033)
- 12.1.1 Global Forecasted Sales Of X Ray Screening System By Type (2026-2033)
- 12.1.2 Global X Ray Screening System Market Size Forecast By Type (2026-2033)
- 12.1.3 Global Forecasted Price Of X Ray Screening System By Type (2026-2033)
- 12.2 Global X Ray Screening System Market Forecast By Application (2026-2033)
- 12.2.1 Global X Ray Screening System Sales (K Units) Forecast By Application
- 12.2.2 Global X Ray Screening System Market Size (M Usd) Forecast By Application (2026-2033)
- 13 Conclusion And Key Findings
Pricing
Currency Rates
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