Press release
Airport Baggage Screening Systems Market 2024 Estimated Growth, Development Factors And Forecast To 2033
Airport Baggage Screening Systems Market
The Business Research Company offers in-depth market insights through Airport Baggage Screening Systems Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The airport baggage screening systems market size has grown strongly in recent years. It will grow from $3.1 billion in 2023 to $3.32 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to disease and pest management, enhanced crop yield and quality, improved seed germination, regulatory support, efficiency in application..
The airport baggage screening systems market size is expected to see strong growth in the next few years. It will grow to $4.22 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to sustainable agriculture practices, rising demand for ornamental plants, increased sports turf management, changing climate conditions, government initiatives for landscapin.. Major trends in the forecast period include advancements in formulations, biological seed treatments, precision application technologies, seed enhancement technologies, customized seed treatment solutions, integrated pest management (ipm)..
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Market Segmentation:
The airport baggage screening systems market covered in this report 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
Major Driver - Importance Of Airport Baggage Screening Systems
The growing demand for air travel is expected to propel the growth of the airport baggage screening systems market going forward. 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. For instance, in 2022, according to the International Air Transport Association (IATA), a Canada-based agency for world airlines, total air traffic in 2022 (measured in revenue passenger kilometers, or RPKs) increased by 64.4% over 2021. The total air traffic increased to 39.7% in December 2022 compared to December 2021. Therefore, the increasing demand for air travel is driving the growth of the airport baggage screening systems market.
Competitive Landscape:
Major companies operating in the airport baggage screening systems market report are Analogic Corporation, Rapiscan Systems Limited, Glidepath Group Inc., L3 Security & Detection Systems- Leidos, Gilardoni S.p.A., Smiths Detection Limited, American Science and Engineering Inc., Astrophysics Inc., Nuctech Company Limited, G&S Airport Conveyor Systems LLC, Daifuku Co. Ltd., Vanderlande Industries B.V., Beumer Group GmbH, RTX Corporation, Siemens Logistics GmbH, L3Harris Security & Detection Systems, CEIA S.p.A., Adani Systems Inc., Garrett Metal Detectors Inc., Sita SpA, VOTI Detection Inc., Optosecurity Inc., Integrated Defense & Security Solutions, Scan-X Security Ltd., Rohde & Schwarz GmbH & Co. KG, Routescene Inc., Cobalt Light Systems Inc., OD Security Solutions Inc., Morpho Detection LLC, EVS GmbH
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Top Trend - Technological Advancements Driving Market Growth
Technological advancements are a key trend gaining popularity in the airport baggage screening systems market. 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.
The Table Of Content For The Market Report 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
…..
27. Airport Baggage Screening Systems Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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