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Vehicle Scanner Market Size Projected To Reach $3.43 Billion By 2034 With A Cagr Of 6.4%
The Vehicle Scanner 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 Expected Vehicle Scanner Market Size During the Forecast Period?
The market size for vehicle scanners has exhibited robust growth in the past few years. It's projected to expand from $2.53 billion in 2024 to $2.68 billion in 2025, with a compound annual growth rate (CAGR) of 5.7%. The significant growth during the historical period can be linked to aspects such as heightened security needs, heightened volume of traffic at entry points, regulatory adherence requirements, escalating threats related to contraband, and infrastructure development.
The market size of the vehicle scanner is predicted to experience healthy expansion in the coming years, forecasted to reach $3.43 billion by 2029, with a compound annual growth rate (CAGR) of 6.4%. The increased growth during the prediction period can be attributable to factors such as the surge in worldwide trade, steps taken for averting terrorism, urbanization and population increase, improvements in border and customs control, and steps taken to respond to the pandemic. Significant trends predicted during this period include cooperation on cross-border security, the integration of technology, technological progressions, collaboration with other types of security technologies, and safe, radiation-free technologies.
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What Are the High-Growth Segments in the Vehicle Scanner Market?
The vehicle scanner market covered in this report is segmented -
1) By Scanner Type: Portable Scanner, Fixed Scanner
2) By Structure Type: Drive-Through, Under Vehicle Surveillance System (UVSS)
3) By Component: Camera, Lighting Unit, Barrier, Software, Other Components
4) By Technology Type: Sensing, Illuminating, Scanning, Imaging, Processing
5) By Application: Government Or Critical Infrastructure Protection, Private Or Commercial Facilities
Subsegments:
1) By Portable Scanner: Handheld Vehicle Scanners, Mobile Under-Vehicle Scanners, Foldable Scanners
2) By Fixed Scanner: In-Ground Vehicle Scanners, Drive-Through Scanners, Overhead Scanners
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What Key Drivers Are Expected to Influence Future Vehicle Scanner Market Growth?
The vehicle scanner market is forecasted to expand owing to growing security apprehensions. These apprehensions typically involve a short-term strategy by law enforcement or security personnel to protect individuals or locations under threat. Vehicle scanners play an essential role in detecting prohibited items, including illicit drugs, weapons and other hazardous objects during vehicle and container inspections. The continued reliance on vehicle scanners is anticipated at many sites, including seaports, due to heightened concerns about illegal drug trade and other security breaches. For example, as per the U.S. Customs and Border Protection database, a government agency in the U.S., there was an increase in the detainment of criminal noncitizens from 2,438 in 2020 to 12,028 in 2022 in June 2023. Of these, illegal drug possession and trafficking surged from 386 in 2020 to 2,239 in 2022. Illegal weapon possession, transport, and trafficking jumped from 49 in 2020 to 309 in 2022, and illegal entry and reentry escalated from 1,261 in 2020 to 6797 in 2022. Hence, the escalating security issues are contributing to the vehicle scanner market's growth.
Which Companies Hold the Largest Share Across Different Vehicle Scanner Market Segments?
Major companies operating in the vehicle scanner market include Softing Automotive Electronics GmbH, Robert Bosch GmbH, Tescon AG, Continental AG, Leidos Holdings Inc., Snap-on Inc., Dahua Technology Co. Ltd., Rapiscan Systems Private Limited, KPIT Technologies, Innova Electronics Corporation, International Road Dynamics Inc., UVeye Inc., Carman Industries, Vehant Technologies, Infinite Technologies Inc., Omnitec Group, Gatekeeper Security Inc., BlueDriver, Advanced Detection Technology LLC, VMI Security System Corp., PARKnSecure India Private Limited, General Technologies Corporation, EL-GO TEAM, Autol Technology Co. Ltd, Launch Tech US.
What Trends Are Driving Growth in The Vehicle Scanner Market?
Technological advancements are becoming a dominant trend in the vehicle scanner market. In order to maintain their market position, leading firms in this industry are innovating new technologies. For example, in December 2022, Vehant Technologies, a vehicle security firm based in India, introduced the DepScan UVSS (Under Vehicle Scanning System). This system, which employs stereoscopic vision technology, scans the underside of vehicles. The objective of this security instrument is to improve the dependability and automation of under-vehicle scanning, offering a holistic solution for inspecting the underparts of vehicles at checkpoints. It creates a 3D model based on point cloud, which allows for the gathering of relative depth information through a disparity map.
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What Are the Emerging Geographies for The Vehicle Scanner Market Growth?
North America was the largest region in the vehicle scanner market in 2024. The regions covered in the vehicle scanner 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 Vehicle Scanner Market?
2. What is the CAGR expected in the Vehicle Scanner Market?
3. What Are the Key Innovations Transforming the Vehicle Scanner Industry?
4. Which Region Is Leading the Vehicle Scanner Market?
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