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Airport Baggage Screening Systems Market Growth Rate, Trends, Size, Industry Trends And Forecast To 2032
Airport Baggage Screening Systems Market Analysis
The Business Research Company's Airport Baggage Screening Systems Global Market Report 2023 identifies growing demand for air travel as the major driver for the airport baggage screening systems market's growth in the forecast period. Air travel refers to traveling by aircraft from one location to another. Airports employ various screening procedures to ensure the safety of air travel, one of which includes the use of X-ray imaging systems to inspect the hand-carried baggage of passengers. These systems are designed to detect the presence of any dangerous objects or weapons that may pose a threat to the safety of the flight.
The global airport baggage screening systems market size is expected to grow from $2.90 billion in 2022 to $3.10 billion in 2023 at a compound annual growth rate (CAGR) of 7.2%. 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 baggage screening systems market size is expected to reach $3.95 billion in 2027 at a CAGR of 6.2%.
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Major competitors in the airport baggage screening systems market are Brookdale Senior Living Inc., Sunrise Senior Living, Atria Senior Living Group, Life Care Centers of America, Erickson Living.
A key trend in the airport baggage screening systems market includes technological advancement. Companies operating in the airport baggage screening market are launching innovative artificial intelligence (AI) based technology to sustain their position in the market. For instance, in June 2022, Thales, a France-based technology company providing advanced solutions, launched HELIXVIEW, an innovative cabin baggage explosive detection system. HELIXVIEW is a compact and lightweight system that allows passengers to keep their items inside their luggage while being scanned. The system uses X-ray nanotechnology-based electronic scanning and 3D imaging reconstruction, making it fully compliant with the C3 standard for EDS CB scanners. Thales has integrated Artificial Intelligence (AI) and Cybersecurity into the system to enhance its intelligence and cost-effectiveness for airports. HELIXVIEW enhances airport security and offers passengers a stress-free and seamless travel experience.
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The airport baggage screening systems market is segmented -
1) By Product Type: Advanced Imaging Systems, Computed Tomography Systems, Explosive Detection Systems, X-Ray Systems
2) By Baggage Type: Hold Baggage, Cabin Baggage
3) By Application: Civil Airport, Commercial Airport
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the airport baggage screening systems market.
The Business Research Company's "Global Airport Baggage Screening Systems 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 Baggage Screening Systems Market Include:
1. Executive Summary
2. Airport Baggage Screening Systems Market Characteristics
3. Airport Baggage Screening Systems Market Trends And Strategies
4. Airport Baggage Screening Systems Market - Macro Economic Scenario
5. Airport Baggage Screening Systems Market Size And Growth
……….
26. Africa Airport Baggage Screening Systems Market
27. Airport Baggage Screening Systems Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Airport Baggage Screening Systems Market
29. Airport Baggage Screening Systems Market Future Outlook and Potential Analysis
30. Appendix
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