Press release
Air Cargo Security and Screening Systems Market Value 2022-2027 (US$ 1,179 Million), Trends, Business SWOT Analysis, Key Companies, Future Demand and Revenue Forecast
Air Cargo Security and Screening Systems Market Demand 2022-2027
Year considered to estimate the market size:
• Base year of the analysis: 2021
• Historical period: 2016-2021
• Forecast period: 2022-2027
The global air cargo security and screening systems market size reached US$ 837 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,179 Million by 2027, exhibiting a growth rate (CAGR) of 5.8% during 2022-2027.
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Industry Overview:
Air cargo security and screening systems refer to sophisticated tools and devices deployed at certain checkpoints in airports to monitor and detect cargo shipments and hidden contrabands. They include narcotics detectors, advanced imaging solutions, explosives, and x-ray detection systems, and non-computed tomography as standard systems. These screening technologies identify drugs, parcels containing chemically or biologically hazardous substances, weapons including knives and firearms, and radiological devices. Apart from this, they help authorities secure the airport infrastructure against safety breaches and ensure the smooth functioning of the supply chain; therefore, these security and screening systems are used in international and domestic airports.
Market Growth Drivers and Trends:
The rising threat of terrorism, escalating geopolitical tensions between different neighboring countries, and the growing need for advanced screening systems in the aviation industry are primarily driving the market growth.
Furthermore, the increasing incidences of drug trafficking and weapon smuggling are further propelling the product demand in airports and other transportation units. Additionally, ongoing international trades and shifting consumer preference toward online and e-commerce platforms to purchase various goods are inflating air cargo volume. This, in turn, has intensified the uptake of security and screening systems to monitor varying consignments.
Moreover, the initiatives being undertaken by airport and government authorities to develop dedicated air cargo terminals to improve security are impelling the market growth. Besides this, the introduction of explosive trace detection (ETD) and explosive detection systems (EDS) with alarm resolution are supporting the market growth.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/air-cargo-security-screening-systems-market
Air Cargo Security and Screening Systems Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the global air cargo security and screening systems market has been studied in the report with the detailed profiles of the key players operating in the market.
Major Players Covered:
• 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
Key Market Segmentation:
The report has segmented the global air cargo security and screening systems market on the basis of technology, size of screening systems, application and region.
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
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
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Key Highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• 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.
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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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