Press release
Airport Cabin Baggage Scanner Market May Set Epic Growth Story 2023-2032| Astrophysics Inc., Autoclear, Integrated Defense and Security Solutions, Nuctech Company Limited, Analogic Corporation
Airport Cabin Baggage Scanner Market Outlook
The Business Research Company's Airport Cabin Baggage Scanner Global Market Report 2023 identifies The rising air traffic as the major driver for the airport cabin baggage scanner market's growth in the forecast period. Air traffic refers to the systematic passage of airplanes through space or an area. There is a rise in air traffic due to the demographic and economic growth of the world population, which in turn increases demand for airport cabin baggage scanners. At the airport, cabin baggage scanners are intended to reveal items concealed behind clothing or bags and are used for detecting both metallic and non-metallic things, such as food, plastics, and weapons.
The global airport cabin baggage scanner market size is expected to grow from $2.58 billion in 2022 to $2.77 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global airport cabin baggage scanner market size is expected to grow to $3.65 billion in 2027 at a CAGR of 7.1%.
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Major competitors in the airport cabin baggage scanner market are Astrophysics Inc., Autoclear, Integrated Defense and Security Solutions, Nuctech Company Limited, Analogic Corporation, Gilardoni SPA, Rapiscan Systems, Safeway Inspection System Limited, Smiths Group PLC., Totalpsost Mailing Ltd., Vanderland Industries BV, Vehant Technologies, Westminister Group PLC., Leidos, and Thales Group.
A key trend in the airport cabin baggage scanner market includes technological advancement. Companies operating in the airport cabin baggage scanner market are developing technological advanced solutions to strengthen their position in the market. For instance, in June 2022, Thales Group, a France-based company that designs, develops and manufactures electrical systems for various sectors launched Helixview, a revolutionary and innovative airport baggage scanner. This product combines X-ray nanotechnology-based electronic scanning and 3D imaging reconstruction to bring higher security to airports and allows passengers to travel seamlessly without removing items from their luggage.
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The airport cabin baggage scanner market is segmented -
• By Component: Hardware, Software, Services
• By Scanner: 2D, 3D
• By Airport: Commercial Services Airport, Cargo Services Airport, General Aviation Airports
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the airport cabin baggage scanner market.
The Business Research Company's "Global Airport Cabin Baggage Scanner Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Airport Cabin Baggage Scanner Market Include:
1. Executive Summary
2. Airport Cabin Baggage Scanner Market Characteristics
3. Airport Cabin Baggage Scanner Market Trends And Strategies
4. Airport Cabin Baggage Scanner Market - Macro Economic Scenario
5. Airport Cabin Baggage Scanner Market Size And Growth
……
26. Africa Airport Cabin Baggage Scanner Market
27. Airport Cabin Baggage Scanner Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Airport Cabin Baggage Scanner Market
29. Airport Cabin Baggage Scanner Market Future Outlook and Potential Analysis
30. Appendix
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