Air Cargo Security and Screening System Market: Size, Growth, And Market Analysis



Market Analysis:

The key element likely to fuel the demand for air cargo security screening systems globally is that vendors of screening systems are delivering modern technology with novel designs. The growing threat of terror-related activities has prompted airport authorities worldwide to deploy explosive detection technology, which is likely to fuel explosive detection application growth between 2020 and 2030. By 2030, the global Air Cargo Security and Screening System Market is expected to be worth more than US$ 1.4 billion.


Market Trend:

Air cargo security screening technologies are now employed largely to identify bombs and narcotics. Airport authorities worldwide have installed sophisticated security systems to detect explosives in cargo and track narcotics in large and tiny pallets of cargo. In recent years, the increased risk of explosive-based attacks has prompted airport authorities to use new technologies such as X-rays to lower the likelihood of such attacks.


Regional Analysis:

North America has the greatest market share for Air Cargo Security and Screening System Market, Asia Pacific and Europe. However, the Middle East & Africa and Latin America markets, which are now tiny, will grow at greater CAGRs than the others over the projection period. Nonetheless, until 2030, North America, Asia, and Europe will continue to provide the largest prospects for industry participants.


Impact Of COVID-19 on Air Cargo Security and Screening System Market:

The COVID-19 pandemic has led to lower development rates in transportation infrastructure and business security due to social distancing programmes and travel bans. Citizens worldwide are avoiding long-distance travel and keeping as indoors as possible as a result of the statewide lockdowns.


Key Players:

L-3 Security Detection Systems, American Science and Engineering, Rapiscan Systems, 3DX-RAY, Armstrong Monitoring, AUTO CLEAR, CEIA, Morpho Detection Rockwell Collins, Gilardoni, Nuctech, Astrophysics, and Smith's Detection are among the leading companies in the air cargo security and screening system market.


Key Insights:

  • This aspect limits the global adoption of air cargo security screening systems, limiting market growth, at least in the short term.

  • During the assessment period, revenue growth in the drugs detection technology market is predicted to be strong.

  • Over the assessment period, the metal and other contraband detection segment is predicted to have a reasonably high CAGR.

  • Air cargo screening systems will continue to be popular in North America, Europe, and the Asia Pacific.

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