Future of Vehicle Scanner Market: Size, Share & Forecasts to 2029

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What Is the Projected Market Size Valuation of the Vehicle Scanner Market by 2025?
In the past few years, the vehicle scanner market has seen stable growth. The market is projected to increase from $2.53 billion in 2024 to $2.64 billion in 2025, with a compound annual growth rate (CAGR) of 4.3%. Factors like security worries, surge in traffic at entry gates, regulatory requirements, the threat of smuggling, and infrastructure progress have accounted for the growth during the historic period.

What Is the Estimated Market Growth Value for the Vehicle Scanner Industry in 2029?
The market for vehicle scanners is anticipated to experience substantial expansion in the forthcoming years, with its value expected to reach $3.33 billion in 2029, marking a compound annual growth rate (CAGR) of 6.0%. This predicted growth during the forecasted period is on account of factors such as increased global commerce, measures to counter terrorism, population growth and urbanisation, improvements in customs and border controls, and strategies in response to pandemics. Major trends anticipated over the forecast period include collaborative efforts for cross-border security, technological enhancements, blend with other forms of security technologies, and the implementation of eco-friendly, radiation-free technologies.

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What Are the Growth Drivers and Opportunities in the Vehicle Scanner Market?
The vehicle scanner market is projected to expand due to increasing safety worries. This essentially refers to a temporary scheme implemented by security enforcement or police to protect an individual or location from future danger. Vehicle scanners are integral tools for identifying prohibited items like illegal drugs, weapons, and other hazardous substances during the inspection of containers and vehicles. Due to the growing alarm about potential drug smuggling and other safety discrepancies, seaports and other areas are expected to continue utilizing these scanners. For instance, the U.S. Customs and Border Protection, a US government agency, reported in June 2023 that the number of noncitizen criminal arrests surged from 2,438 in 2020 to 12,028 in 2022. Of these, drug possession and trafficking offenses increased from 386 in 2020 to 2,239 in 2022. Likewise, crimes involving illegal weapon possession, transportation, and trafficking have seen a rise from 49 in 2020 to 309 in 2022. Additionally, reentries and illegal entries have also seen a spike from 1,261 in 2020 to 6797 in 2022. Consequently, the upsurge in such safety issues is fuelling the growth of the vehicle scanner market.

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What Are the Primary Segments Covered in the Global Vehicle Scanner Market Report?
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

What Are the Top Growth Trends in the Vehicle Scanner Market?
The advent of technological advancements is a leading trend emerging in the vehicle scanner industry. Prominent enterprises in this sector are innovating new technologies to maintain their market standing. For example, Vehant Technologies, a vehicle security company based in India, introduced the DepScan UVSS (Under Vehicle Scanning System) in December 2022. The security instrument, employing stereoscopic vision technology, is designed to boost the dependability and automation of beneath-vehicle scanning. It provides a holistic solution for inspecting the underbody of vehicles at checkpoints. The system creates a point cloud-based 3D model, capturing relative depth information through a disparity map.

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Which Companies Are Shaping the Future of the Vehicle Scanner Market?
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.

Which Region Holds the Largest Market Share in the Vehicle Scanner Industry?
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

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This release was published on openPR.