Press release
Cargo Scanning Equipment Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth
Cargo Scanning Equipment
How Large Will the Cargo Scanning Equipment Market Size By 2025?
The market size for cargo scanning equipment has seen robust growth in the past few years. The market value is anticipated to increase from $3.79 billion in 2024 to $4.02 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.1%. The historical growth in the market has been propelled by factors such as the upsurge in global trade volumes, escalating security worries, tight customs and border protection rules, an increase in illegal trafficking activities, and the burgeoning demand for non-intrusive inspection.
How Big Is the Cargo Scanning Equipment Market Size Expected to Grow by 2029?
Expectations are set for robust expansion in the cargo scanning equipment market in the upcoming years, with projections suggesting a growth to a substantial $5.32 billion by 2029, indicating a 7.3% compound annual growth rate (CAGR). This prospective growth during the forecast period can be credited to the rise of e-commerce and logistics, the need for effective supply chain management, the incorporation of radiation detection technologies, a constant increase in international shipping, and the acceptance of portable handheld scanning devices. Key trends anticipated in this period encompass advancements in imaging technologies, technological progression in scanning equipment, the inclusion of artificial intelligence in scanning systems, the merger of blockchain for supply, and the deployment of machine learning for anomaly detection chain security.
View the full report here:
https://www.thebusinessresearchcompany.com/report/cargo-scanning-equipment-global-market-report
Which Key Market Drivers Powering Cargo Scanning Equipment Market Expansion and Growth?
The expansion of global commerce is predicted to fuel the advancement of the cargo scanning equipment market. Defined as the buying and selling of goods and services across various countries, international trade also includes the exchange of products and services from one country to another through imports and exports. The significance of cargo scanning equipment in worldwide trade lies in its ability to ensure supply chain safety, discover illicit actions, and aid in the smooth progression of authorized commerce. This equipment is crucial to customs officials, making it easier for them to secure the borders and mitigate threats associated with trade. As an example, the Eurostat, the statistical office of the European Union based in Luxembourg, issued statistics in June 2023 indicating that EU ports managed 854.3 million metric tons of merchandise in Q2 2021, a figure that saw an increase to 873.05 million metric tons in the same period in 2022. In addition, a report by the United Nations Conference on Trade and Development (UNCTAD), a global trade-promoting intergovernmental organization based in Switzerland, released in June 2023, revealed a 1.9% quarter-on-quarter rise in global goods trade in the first quarter of 2023, contributing an additional nearly $100 billion. As a result, the surge in global trade will stimulate the cargo scanning equipment market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12705&type=smp
Which Emerging Trends Are Transforming the Cargo Scanning Equipment Market in 2025?
Innovations in product development have emerged as a dominant trend in the cargo scanning equipment market. To reinforce their market standing, major companies in this market are concentrating on creating unique solutions. For example, in March 2022, Smiths Detection Group Ltd., a UK-based firm that designs and manufactures advanced threat detection and identification solutions, launched its HI-SCAN 10080 XCT advanced X-ray computed tomography system for hold baggage and air cargo. It gained approval from the U.S. Transportation Security Administration's Air Cargo Screening Technology List (ACSTL). The HI-SCAN 10080 XCT integrates a dual-view dual-energy X-ray line scanner with comprehensive 3D CT imaging and reconstruction to enhance the speed, efficiency, and safety of hold luggage and air cargo inspection processes. It possesses a conveyor belt speed of 0.5m/sec (98.5ft/min) and a large 107 × 81 cm (42.1 x 31.9in) rectangular tunnel, designed to fit seamlessly into fully automated and networked luggage and material handling systems which can screen 2,500 packages hourly.
What Are the Emerging Segments in the Cargo Scanning Equipment Market?
The cargo scanning equipmentmarket 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
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=12705&type=smp
Who Are the Global Leaders in the Cargo Scanning Equipment Market?
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.
Which are the Top Profitable Regional Markets for the Cargo Scanning Equipment Industry?
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
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=12705
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cargo Scanning Equipment Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth here
News-ID: 4201668 • Views: …
More Releases from The Business Research Company
Cleanroom Equipment Market: Major Trends Reshaping the Future of the Industry
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Cleanroom Equipment Industry Market Size Be by 2025?
In the past few years, there has been consistent growth in the size of the cleanroom equipment market. The market, which is predicted to expand from $3.02 billion in 2024 to $3.17 billion in 2025, will experience a…
Axial Flow Pump Market Poised to Hit $41.74 Billion by 2029 with Accelerating Gr …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Axial Flow Pump Market Size Growth Forecast: What to Expect by 2025?
Over the past few years, the market size of the axial flow pump has experienced consistent growth. It is expected to escalate from an estimated $33.68 billion in 2024 to approximately $34.58 billion in 2025, boasting a…
Comprehensive Zero Liquid Discharge Systems Market Forecast 2025-2034: Growth Tr …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Zero Liquid Discharge Systems Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for zero liquid discharge systems has seen a robust growth in the recent past. Its size is predicted to increase from $6.53 billion in 2024 to $7.02 billion in 2025, with…
Water Pollution Crisis Fuels Surge In Uv Disinfection Equipment Market: Powering …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the UV Disinfection Equipment Market Through 2025?
The market size for UV disinfection gear has witnessed significant expansion lately. The trajectory suggests expansion from $5.25 billion in 2024 to $5.98 billion a year later in 2025, marking a compound annual growth rate (CAGR)…
More Releases for Cargo
Air Cargo Market Giants Spending Is Going To Boom | Singapore Airlines Cargo, Ca …
HTF MI recently introduced Global Air Cargo Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence. Some key players from the complete study are FedEx, UPS, DHL, Emirates SkyCargo, Qatar Airways Cargo, Lufthansa Cargo, Cargolux, Singapore Airlines…
Cargo Shipping Market Liquid Cargo, Dry Cargo, General Cargo By Cargo Type Indus …
Cargo Shipping Market by Cargo Type (Liquid Cargo, Dry Cargo, General Cargo), by Ship Type (Bulk Carriers, General Cargo Ship, Container Ship, Tanker, Reefer Ship, Others), by Industry Type (Food and Beverages, Manufacturing, Retail, Oil and gas, Automotive, Pharmaceutical, Electrical and Electronics, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031. The global cargo shipping market size was valued at $2.2 trillion in 2021, and is projected to reach $4.2 trillion…
Air Cargo: Market 2022 Is Booming Worldwide | DHL Aviation, Lufthansa Cargo, Sin …
The technique applied to derive the market share of the Air Cargo Market 2022 built on the end-user sector and market area is bottom-up forecasting. The key sources of information consist of several Air Cargo industry professionals, suppliers, manufacturers, associations along with business distributions. The research report defines exclusive benefits of the various market size, shares, and the patent industry. The key aim of the Air Cargo research report is…
Air Cargo Market| Key Players - Cathay Pacific Cargo, FedEx Express, UPS Airline …
The air cargo market report provides analysis for the period 2015–2025, wherein the period from 2017 to 2025 is the forecast period and 2016 is the base year. The report covers all the major trends and services playing a key role in air cargo market growth over the forecast period. It also highlights the drivers, restraints, and opportunities expected to influence market’s growth during the said period. The study provides…
Global Air Cargo Market | air cargo carriers,air cargo world,air cargo 2019,air …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Air Cargo Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.
Get Report Sample Copy on Air Cargo Market @ https://www.mrrse.com/sample/4096
The air cargo market report…
Global Air Cargo Market | Cathay Pacific Cargo, FedEx Express, UPS Airlines, DHL …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Air Cargo Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.
Get Report Sample Copy @ https://www.mrrse.com/sample/4096
The air cargo market report provides analysis for the…
