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At 4.8% CAGR, Air Cargo Security and Screening Systems Market is Emerging with US$ 1,064.4 Million by 2028

12-10-2021 07:18 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

Air Cargo Security and Screening Systems Market

Air Cargo Security and Screening Systems Market

According to our latest market study on “Air Cargo Security and Screening Systems Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Cargo Size, Technology, and Application,” the market is expected to grow from US$ 764.3 million in 2021 to US$ 1,064.4 million by 2028; it is estimated to grow at a CAGR of 4.8% from 2021 to 2028.

The global air cargo security and screening systems market is segmented into five major regions North America, Europe, Asia Pacific, the Middle East and Africa, and South and Central America. In 2020, Asia Pacific led the market with a substantial revenue share, followed by North America and Europe, respectively. Increasing terrorist activities and rising threats to major economies have forced the governments and other governing bodies to undertake air traffic controls.

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Competitive Landscape: Air Cargo Security and Screening Systems Market: Astrophysics Inc.; Dhonaadhi Hitec Innovations; Krystalvision Image Systems Pvt. Ltd.; Nuctech Company Limited; Rapiscan Systems, Inc.; Safran, VOTI Detection Inc.; Safeway Inspection System Limited; and Smiths Detection Group

The global air cargo security and screening systems market is segmented on the basis of cargo size, technology, application, and geography. The market, based on cargo size, is sub segmented into small parcel, break and pallet cargo, and oversized cargo. On the basis of technology, the market is further segmented into X-ray systems, ETD, EDS, and others.

The air cargo security and screening systems market has been segmented as follows:

Air Cargo Security and Screening Systems Market – by Size
• Small Parcel
• Break and Pallet Cargo
• Oversized Cargo

Air Cargo Security and Screening Systems Market – by Technology
• X-Ray System
• ETD
• EDS
• Others

Air Cargo Security and Screening Systems Market – by Application
• Narcotics Detection
• Explosive Detection
• Metal and Contraband Detection
• Others

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Email: sales@theinsightpartners.com

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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