Press release
Global Airport Cabin Baggage Scanner Market to Reach $4.34 Billion by 2029, Growing at 8% CAGR
Airport Cabin Baggage Scanner Market
The airport cabin baggage scanner market is expected to grow due to increased air traffic. Air traffic, which refers to the organized movement of planes in a certain space or area, has surged due to the world's demographic and economic development, thereby boosting the need for airport cabin baggage scanners. Used for identifying objects hidden in clothing or luggage, including metallic and non-metallic items like food, plastic, and weapons, these scanners are essential airport equipment. For instance, the International Air Transport Association (IATA), a US-based international airline industry trade group, reported a 36.9% increase in total air traffic in 2023 compared to 2022, as of January 2024. Moreover, international traffic experienced a 24.2% rise in December 2023 compared to December 2022, while domestic traffic increased by 27.0% from the prior year. As such, the surge in air traffic bolsters the demand for the airport cabin baggage scanners market.
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What is the future CAGR of the airport cabin baggage scanner market, and how will it impact industry expansion?
The market size for airport cabin baggage scanners has seen substantial growth lately. There is a projected increase from $2.95 billion in 2024 to $3.15 billion in 2025, showing a compound annual growth rate (CAGR) of 6.8%. The growth seen in the historic period can be traced back to heightened terror threats and security issues, the introduction of automated features, industry standards and breakthroughs, the use of ct scanning, and investment in research and development.
The market size for airport cabin baggage scanners is anticipated to undergo substantial growth in the forthcoming years. The market value is predicted to reach $4.34 billion by 2029, with a compound annual growth rate (CAGR) of 8.3%. The surge predicted for the forecast period can be ascribed to heightened demand for superior security, AI and machine learning integration, escalating air travel, remote screening solutions, and sustainability initiatives. Key trends during the forecast period include improved imaging technology, automation and AI integration, regulatory adherence, efficacy and throughput, as well as adaptability and flexibility.
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What are the most significant trends transforming the airport cabin baggage scanner market today?
A leading trend gaining traction in the airport cabin baggage scanner market is technological innovation. Firms in this industry are designing technologically superior solutions to enhance their market standing. For example, the Thales Group, a France-based firm involved in the creation, development, and manufacturing of electrical systems for diverse sectors, unveiled Helixview in June 2022. This groundbreaking airport baggage scanner merges X-ray nanotechnology-based electronic scanning with 3D image reconstruction, enhancing airport security and creating a seamless travel experience for passengers by eliminating the need to remove items from their luggage.
Which key market segments comprise the airport cabin baggage scanner market and drive its revenue growth?
The airport cabin baggage scanner market covered in this report is segmented -
1) By Component: Hardware, Software, Services
2) By Scanner: 2D, 3D
3) By Airport: Commercial Services Airport, Cargo Services Airport, General Aviation Airports
Subsegments:
1) By Hardware: X-ray Scanners, Computed Tomography (CT) Scanners, Detection Equipment, Conveyor Systems
2) By Software: Image Processing Software, Threat Detection Software, Data Management Software
3) By Services: Installation Services, Maintenance And Support Services, Training Services
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What regions are at the forefront of airport cabin baggage scanner market expansion?
Asia-Pacific was the largest region in the airport cabin baggage scanner market in 2024. The regions covered in the airport cabin baggage scanner market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the leading players fueling growth in the airport cabin baggage scanner market?
Major companies operating in the airport cabin baggage scanner market include Smiths Group Plc, Leidos, Rapiscan Systems, Nuctech Company Limited, L3Harris Technologies, Safeway Inspection, Gilardoni S.p.A., Vehant Technologies, Astrophysics Inc., Smiths Detection, C.E. Electronics, Unival Group GmbH, EAS Envimet Analytical Systems GmbH, Materna IPS, Aventura Technologies, Adani Airports, SITA, L-3 Communications, X-ray Baggage Scanner Manufacturers, Trust Safety Solutions, AMMERAAL BELTECH, CEIA S.p.A., Bruker Corporation, Detection Technology Plc, Ametek Inc., Kromek Group plc, Rapiscan Systems Ltd., Securitas AB, Cobalt Light Systems Ltd., VOTI Detection
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What Is Covered In The Airport Cabin Baggage Scanner Global Market Report?
• Market Size Forecast: Examine the airport cabin baggage scanner market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the airport cabin baggage scanner market for a structured understanding.
• Key Players Overview: Analyze major players in the airport cabin baggage scanner market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the airport cabin baggage scanner market.
• Segment Contributions: Evaluate how different segments drive overall growth in the airport cabin baggage scanner market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the airport cabin baggage scanner market.
• Industry Challenges: Identify potential risks and obstacles affecting the airport cabin baggage scanner market.
• Competitive Landscape: Review strategic developments in the airport cabin baggage scanner market, including expansions, agreements, and new product launches.
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