Press release
Cargo Scanning Equipment Global Market Report 2024 - By Size, Share, Trends And Demand, Outlook By 2033
Cargo Scanning Equipment Market
As per the report, the cargo scanning equipment market size has grown strongly in recent years. It will grow from $3.52 billion in 2023 to $3.82 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. .
The cargo scanning equipment market size is expected to see strong growth in the next few years. It will grow to $5.06 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%.
Download Free Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=12705&type=smp
The Role Of International Trade In Driving The Cargo Scanning Equipment Market Growth
The growth of international trade is expected to propel the growth of the cargo scanning equipment market going forward. International trade is defined as the acquisition and sale of goods and services between businesses in various nations and the interchange of goods and services from one nation to another via imports and exports. Cargo scanning equipment is essential to global trade by maintaining supply chain security, uncovering illegal activity, and supporting the efficient flow of legal trade. It assists customs officials in maintaining border security and reducing trade-related dangers. For instance, in June 2023, according to statistical data published by Eurostat, a Luxembourg-based statistical office for the European Union, in the second quarter of 2021, 854.3 million metric tons of goods were handled in EU ports, which grew to 873.05 million metric tons in the same timeframe for 2022. Furthermore, in June 2023, according to a study issued by the United Nations Conference on Trade and Development (UNCTAD), a Switzerland-based intergovernmental body promoting global commerce, international trade in goods increased by 1.9% in the first three months of 2023 compared to the previous quarter, adding almost $100 billion. Therefore, the growth of international trade will drive the cargo scanning equipment market.
Innovative Products Transforming The Cargo Scanning Equipment Market
Product innovations are a key trend gaining popularity in the cargo scanning equipment market. Major companies operating in the cargo scanning equipment market are focused on developing innovative solutions to strengthen their position in the market. For instance, in March 2022, Smiths Detection Group Ltd., a UK-based designer, and manufacturer of advanced threat detection and identification solutions, developed the HI-SCAN 10080 XCT advanced X-ray computed tomography system for holding baggage and air cargo, which was approved by the U.S. Transportation Security Administration's Air Cargo Screening Technology List (ACSTL). The HI-SCAN 10080 XCT has a dual-view dual-energy X-ray line scanner and complete 3D volumetric computed tomography (CT) imaging and reconstruction, which improves the speed, efficiency, and safety of hold luggage and air cargo screening. The technology features a belt speed of 0.5m/sec (98.5ft/min) as well as a wide 107 × 81 cm (42.1 x 31.9in) rectangular tunnel meant to be incorporated into fully automated and networked luggage and material handling systems, allowing operators to screen 2,500 packages every hour.
The cargo scanning equipment market covered in this report is segmented -
1) By Equipment Type: Narcotics Trace Detectors, Non-Computed Tomography, X-Ray Scanners, Explosive Trace Detectors (ETDs), Radiation Detectors, Other Equipment Type
2) By Cargo Size: Small Parcels, Break Pallet Cargo, Oversized Cargo
3) By End-User: Airports, Railway Station, Border Control, Logistics And Transportation, Industrial And Manufacturing Facilities, Others End-Users
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=12705&type=discount
Major companies operating in the cargo scanning equipment market report are Leidos Holdings Inc., Elbit Systems Ltd., Teledyne Technologies, IDEMIA, Smiths Detection Group Ltd., OSI Systems Inc., Rapiscan System Inc., Nuctech Company Limited, Analogic Corporation, Astrophysics Inc., L3 Security & Detection Systems Inc., ADANI Systems Inc., ICTS International N.V., Autoclear LLC, Metrasens Ltd., CEIA USA Ltd., MB Telecom Ltd. SRL, Kromek Group, VOTI Detection Inc., Westminster International Ltd. (Westminster Group), Vidisco Ltd., Scanna MSC Ltd., Gilardoni S.p.A., Todd Research Ltd., LIXI Inc.
Contents of the report:
1. Executive Summary
2. Cargo Scanning Equipment Market Report Structure
3. Cargo Scanning Equipment Market Trends And Strategies
4. Cargo Scanning Equipment Market - Macro Economic Scenario
5. Cargo Scanning Equipment Market Size And Growth
…..
27. Cargo Scanning Equipment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @
https://www.thebusinessresearchcompany.com/report/cargo-scanning-equipment-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ"
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cargo Scanning Equipment Global Market Report 2024 - By Size, Share, Trends And Demand, Outlook By 2033 here
News-ID: 3593845 • Views: …
More Releases from The Business research company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Cargo
Air Cargo Market Giants Spending Is Going To Boom | Singapore Airlines Cargo, Ca …
HTF MI recently introduced Global Air Cargo Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence. Some key players from the complete study are FedEx, UPS, DHL, Emirates SkyCargo, Qatar Airways Cargo, Lufthansa Cargo, Cargolux, Singapore Airlines…
Cargo Shipping Market Liquid Cargo, Dry Cargo, General Cargo By Cargo Type Indus …
Cargo Shipping Market by Cargo Type (Liquid Cargo, Dry Cargo, General Cargo), by Ship Type (Bulk Carriers, General Cargo Ship, Container Ship, Tanker, Reefer Ship, Others), by Industry Type (Food and Beverages, Manufacturing, Retail, Oil and gas, Automotive, Pharmaceutical, Electrical and Electronics, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031. The global cargo shipping market size was valued at $2.2 trillion in 2021, and is projected to reach $4.2 trillion…
Air Cargo: Market 2022 Is Booming Worldwide | DHL Aviation, Lufthansa Cargo, Sin …
The technique applied to derive the market share of the Air Cargo Market 2022 built on the end-user sector and market area is bottom-up forecasting. The key sources of information consist of several Air Cargo industry professionals, suppliers, manufacturers, associations along with business distributions. The research report defines exclusive benefits of the various market size, shares, and the patent industry. The key aim of the Air Cargo research report is…
Air Cargo Market| Key Players - Cathay Pacific Cargo, FedEx Express, UPS Airline …
The air cargo market report provides analysis for the period 2015–2025, wherein the period from 2017 to 2025 is the forecast period and 2016 is the base year. The report covers all the major trends and services playing a key role in air cargo market growth over the forecast period. It also highlights the drivers, restraints, and opportunities expected to influence market’s growth during the said period. The study provides…
Global Air Cargo Market | air cargo carriers,air cargo world,air cargo 2019,air …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Air Cargo Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.
Get Report Sample Copy on Air Cargo Market @ https://www.mrrse.com/sample/4096
The air cargo market report…
Global Air Cargo Market | Cathay Pacific Cargo, FedEx Express, UPS Airlines, DHL …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Air Cargo Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.
Get Report Sample Copy @ https://www.mrrse.com/sample/4096
The air cargo market report provides analysis for the…
