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Cargo Scanning Equipment Market Growth Forecast 2025: Industry Trends, Market Size, and Projections
Cargo Scanning Equipment Market Size
What Is the Current Cargo Scanning Equipment Market Size and Its Estimated Growth Rate?
The Cargo Scanning Equipment Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current Cargo Scanning Equipment Market Size and Its Estimated Growth Rate?
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How Are Emerging Segments Shaping the Cargo Scanning Equipment Market Landscape?
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
Subsegments:
1) By Narcotics Trace Detectors: Ion Mobility Spectrometers, Mass Spectrometers
2) By Non-Computed Tomography: Pulsed Fast Neutron Analysis (PFNA), Thermal Neutron Activation (TNA)
3) By X-Ray Scanners: 2D X-Ray Scanners, 3D X-Ray Scanners
4) By Explosive Trace Detectors (ETDs): Ion Mobility Spectrometers, Gas Chromatography Systems
5) By Radiation Detectors: Gamma Detectors, Neutron Detectors
6) By Other Equipment Type: Microwave Scanners, Advanced Imaging Technology (AIT) Systems
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Which Growth Factors Are Influencing Cargo Scanning Equipment Market Expansion?
The expansion of international commerce is projected to stimulate the rise of the cargo scanning equipment market in the future. International trade involves the buying and selling of goods and services across country borders, facilitated by imports and exports. This is where cargo scanning equipment plays a vital role. It helps to enforce supply chain security, detect unlawful activities and promote the legal flow of commerce. The mechanism also aids customs officers in enforcing border security and curtailing trade-related threats. For example, based on figures released by Eurostat, a Luxembourg-founded statistical organization for the European Union, it was observed that 854.3 million metric tons of merchandise were transacted at EU ports in the second quarter of 2021, growing to 873.05 million metric tons in the corresponding period in 2022. Additionally, a report by the United Nations Conference on Trade and Development (UNCTAD), an intergovernmental organization based in Switzerland that advocates for global trade, revealed in June 2023 that international merchandise trade rose by 1.9% in the initial quarter 2023 in comparison to the prior quarter, contributing nearly $100 billion. Consequently, the surge in international trade is set to bolster the cargo scanning equipment market.
Who Are the Dominant Players Across Different Cargo Scanning Equipment Market Segments?
Major companies operating in the cargo scanning equipment market include 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.
What Are the Latest Developing Trends in the Cargo Scanning Equipment Market?
A significant trend gaining traction in the cargo scanning equipment market is the focus on product innovations. Several leading companies in the industry are directing their efforts towards creating groundbreaking solutions to enhance their market standing. Just to illustrate, in March 2022, UK-based Smiths Detection Group Ltd., a company known for designing and manufacturing sophisticated threat detection and identification solutions, came up with the HI-SCAN 10080 XCT. This state-of-the-art X-ray computed tomography system for handling baggage and air cargo earned an approval from the U.S. Transportation Security Administration's Air Cargo Screening Technology List (ACSTL). Enhanced with a two-energy x-ray line scanner and thorough 3D volumetric CT imaging plus reconstruction, the HI-SCAN 10080 XCT escalates the rate, effectiveness, and safety of screening for holding luggage and air cargo. It comes with a 0.5m/sec (98.5ft/min) belt speed and a spacious 107 x 81 cm (42.1 x 31.9 in) rectangular tunnel designed to integrate into fully automated and networked luggage and material handling systems. This allows operators to efficiently scan 2,500 packages within an hour.
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Which Geographic Regions Are Expected to Dominate the Cargo Scanning Equipment Market in the Coming Years?
North America was the largest region in the cargo scanning equipment market in 2024. The regions covered in the cargo scanning equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Cargo Scanning Equipment Market?
2. What is the CAGR expected in the Cargo Scanning Equipment Market?
3. What Are the Key Innovations Transforming the Cargo Scanning Equipment Industry?
4. Which Region Is Leading the Cargo Scanning Equipment Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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