IMARC Group has recently released a new research study titled “Air Cargo Security And Screening Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
How big is the air cargo security and screening systems market?
The global air cargo security and screening systems market size reached US$ 888.9 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,246.0 Million by 2028, exhibiting a growth rate (CAGR) of 5.73% during 2023-2028.
What is the air cargo security and screening systems?
Air cargo security and screening systems are used for viewing parcels and securing containers shipped through flights against incoming materials such as explosives and drugs. These systems help scan the cargo without errors and restrictions of size. Screenings based on explosives trace detectors (ETD) and explosive detection systems (EDS) and X-ray technologies are used in these systems. These solutions create high penetration to identify and detect contraband and goods that might compromise safety and business operations. They are also highly automated, offer high-level security, and aim to safeguard cargo from theft, due to which they are installed extensively at airports.
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Market Trends and Growth Drivers:
The rising air cargo transportation and increasing risk of unauthorized trade of narcotics and hidden explosive objects are primarily providing a considerable boost to the market growth. Besides this, the rapid expansion of the e-commerce sector and the surging need for effective and powerful security and screening systems are accelerating the market growth. Additionally, key market manufacturers are investing heavily in advanced technologies to introduce reliable, fast, and cost-effective air cargo screening systems, which, in turn, is creating a positive outlook for the market. Moreover, the rising government efforts to secure citizens from potential threats and the surging risk of attacks and threats through explosives are positively supporting the market growth.
Who are the key players operating in the industry?
The report covers the major market players including:
- 3DX-RAY
- American Science and Engineering
- L-3 Communications Security and Detection Systems, Inc
- Morpho Detection, LLC
- Rapiscan Systems
- Armstrong Monitoring
- Astrophysics, Inc.
- CEIA
- Autoclear LLC
- Gilardoni
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Technology:
- X-Ray Systems
- ETD (Explosive Trace Detection)
- EDS (Explosive Detection Systems)
Breakup by Size of Screening Systems:
- For Small Cargo
- For Break and Pallet Cargo
- For Oversized Cargo
Breakup by Application:
- Narcotics Detection
- Explosive Detection
- Metal and Contraband Detection
Breakup by Geographical Analysis:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=1117&flag=C
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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