Press release
Global Airport Baggage Screening Systems Market Outlook Projected to Surpass $4.6 Billion by 2029 with 8% Annual Growth
Airport Baggage Screening Systems Market Outlook
The escalating necessity for air travel is projected to spur the expansion of the airport baggage screening systems market in the future. Traveling by air from one place to another is what is referred to as air travel. To guarantee air travel safety, airports utilize multiple screening measures, among which is the use of X-ray imaging systems to scrutinize the hand luggage of passengers. The function of these systems is to identify any harmful objects or weapons that could jeopardize flight safety. For example, the International Air Transport Association (IATA), a Canada-based world airlines agency, reports that total air traffic in 2022, quantified in revenue passenger kilometers (RPKs), saw a surge of 64.4% from 2021. The total air traffic rose to 39.7% in December 2022 as compared to December 2021. Consequently, this mounting demand for air travel is steering the growth of the airport baggage screening systems market.
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What Is the projected market size and growth rate for the airport baggage screening systems market?
In recent times, there has been significant growth in the airport baggage screening systems market. The industry, which is projected to increase from $3.25 billion in 2024 to $3.43 billion in 2025, will have a compound annual growth rate (CAGR) of 5.7%. The notable growth during the historic phase was due to several factors such as disease and pest control, improved crop yield and quality, better seed germination, regulatory backing, and application efficiency.
Anticipated to experience significant expansion in the coming years, the airport baggage screening systems market is projected to escalate to "$4.6 billion by 2029, with a compound annual growth rate (CAGR) of 7.6%. The surge within the forecast period is linked to sustainable farming methodologies, the swelling demand for ornamental plants, enhanced sports turf administration, fluctuating weather conditions, and governmental policies aimed at landscaping. The forecast period is also expected to witness major trends, which include breakthroughs in formulation, biological seed treatments, precision application methodologies, seed improvement technologies, tailored seed treatment solutions, and consolidated pest management (imp).
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What new trends are reshaping the airport baggage screening systems market and its opportunities?
The rise of technological innovations is becoming a prominent development in the airport baggage screening systems market. Businesses in this sector are introducing groundbreaking technologies based on artificial intelligence (AI) to maintain their market standing. For example, in June 2022, Thales, a French advanced solutions technology company, debuted HELIXVIEW, an innovative cabin baggage explosive detection system. HELIXVIEW is a small, portable system that permits travellers to leave their belongings in their luggage during scanning. This system employs X-ray nanotechnology-enhanced electronic scanning and 3D image reformation, making it fully in line with the C3 standard for EDS CB scanners. Thales has incorporated AI and Cybersecurity features into the system, thus increasing its intelligence and affordability for airports. HELIXVIEW improves airport security and gives passengers a smooth, worry-free journey.
What major market segments define the scope and growth of the airport baggage screening systems market?
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
Subsegments:
1) By Advanced Imaging Systems: Millimeter Wave Imaging Systems, Backscatter X-ray Systems
2) By Computed Tomography Systems: Standard CT Scanners, High-Resolution CT Scanners
3) By Explosive Detection Systems: Automatic Explosive Detection Systems, Manual Explosive Detection Systems
4) By X-Ray Systems: Single View X-Ray Systems, Multi-View X-Ray Systems, Dual-Energy X-Ray Systems
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Which region dominates the airport baggage screening systems market?
North America is expected to be the fastest-growing region in the forecast period. The regions covered in the airport baggage screening systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Which key market leaders are driving the airport baggage screening systems industry growth?
Major companies operating in the airport baggage screening systems market include 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, Cobalt Light Systems Inc., OD Security Solutions Inc., Morpho Detection LLC, EVS GmbH
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What Is Covered In The Airport Baggage Screening Systems Global Market Report?
• Market Size Forecast: Examine the airport baggage screening systems market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the airport baggage screening systems market for a structured understanding.
• Key Players Overview: Analyze major players in the airport baggage screening systems market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the airport baggage screening systems market.
• Segment Contributions: Evaluate how different segments drive overall growth in the airport baggage screening systems market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the airport baggage screening systems market.
• Industry Challenges: Identify potential risks and obstacles affecting the airport baggage screening systems market.
• Competitive Landscape: Review strategic developments in the airport baggage screening systems market, including expansions, agreements, and new product launches.
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