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Air Cargo Security and Screening Systems Market is expected to reach US$ 1,064.4 Million by 2028 | The Insight Partners

05-15-2023 04:08 PM CET | IT, New Media & Software

Press release from: The Insight Partners

Air Cargo Security and Screening Systems Market

Air Cargo Security and Screening Systems Market

Growing Safety Concerns due to Rising Incidence of Terrorism to Provide Growth Opportunities for Air Cargo Security and Screening Systems Market during 2021-2028

The air cargo security and screening systems have been in use for several years worldwide, however, the technology has been experiencing immense demand in recent years. Increasing deployment of security and screening systems at airport and constant need to transport temperature-sensitive products are supporting the growth of air cargo security and screening systems market.

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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. For instance, the Airports Authority of India (AAI) is expected to increase security scanning systems across all entry and exit points of airports in the country. The deployment of parcel scanners at airports helps reduce fraudulent activities, such as smuggling of diamond, narcotics, smuggling, weapons, and other expensive materials. Security screening systems that include X-ray cargo scanners as one of the major components have successfully lowered the impact of terrorist activities. Also, with the rising extent of violence and terrorism worldwide, X-ray scanners are increasingly being installed at airports. In October 2021, an X-ray machine was deployed at the Ahmedabad Air Cargo Complex (AACC) for scanning cargo parcels.

Air Cargo Security and Screening Systems Market - Company Profiles
Astrophysics Inc
Dhonaadhi Hitec Innovations
Krystalvision Image Systems Pvt. Ltd
Nuctech Company Limited
Rapiscan Systems, Inc
Safran
VOTI Detection Inc
Safeway Inspection System Limited
Smiths Detection Group Ltd. (Smiths Group plc)

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Impact of COVID-19 Pandemic on Air Cargo Security and Screening Systems Market:

North America is one of the most prominent regions with respect to the adoption of air cargo security and screening system. Demand for air cargo security and screening system is relatively high in countries such as the US, Canada, and Mexico. However, the COVID-19 pandemic hampered the market growth in the region in 2020. North America is the largest adopter of new technologies owing to favorable government policies to boost the innovation and strengthen the infrastructure capabilities. Therefore, any impact on industries alters the economic growth of the region. The shutdown of businesses, fall in GDP, and delays in procurement of raw materials in the last six months of 2020 have significantly impacted the air cargo security and screening system market in the region. The COVID-19 crisis has drastically impacted the operations across the value chains of various industries. Moreover, this has influenced the adoption of contactless air cargo security and screening system across various countries to comply with both safety regulations and social distancing norms imposed by the respective government bodies.

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

Players operating in the air cargo security and screening systems market are mainly focused on the development of advanced and efficient products.

In September 2021, Smiths Detection Group Ltd. (Smiths Group plc) launched an enhanced cargo screening security scanner. Smiths Detection has announced a product upgradation within the Hi-Scan product range. The first update is the high-speed Hi-Scan 100100V-2is, launched for fast, reliable, and cost-effective air cargo screening. The new model enables increased and more efficient throughput for mail screening, express forwarders, and e-commerce, and can also be used at mass transit checkpoints.

In October 2021, Safeway Inspection System Limited Shipped X-ray scanners to overseas markets, including Asia, Europe, the Middle East and Africa, and South America.

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Air Cargo Security and Screening Systems Market - by Geography

North America:
US
Canada
Mexico

Europe:
Germany
France
Italy
UK
Russia
Rest of Europe

Asia Pacific (APAC):
China
India
Japan
South Korea
Thailand
Rest of APAC

Middle East and Africa:
South Africa
Rest of MEA

South America:
Brazil
Argentina
Rest of SAM

Contact Us:
The Insight Partners
Email: sales@theinsightpartners.com
Phone: +1-646-491-9876

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 specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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