Coherent Market Insights

Air Cargo Security And Screening System Market to Surpass US$ 4,199.8 Mn by 2030.

Air Cargo Security And Screening System Market to Surpass US$ 4,199.8 Mn by 2030. - Coherent Market Insights

Publish In: Jul 21, 2023

Global Air Cargo Security And Screening System Market was valued at US$ 2,319.7 Mn in 2022. Global Air Cargo Security And Screening System Market is under continuous evolution of screening technologies, such as AI-powered scanning, multi-view X-ray, and millimeter-wave scanning, presents an opportunity for manufacturers to develop and offer cutting-edge screening systems with enhanced accuracy and efficiency.

Global Air Cargo Security And Screening System Market: Drivers

Customization for Different Cargo Types

Air cargo comprises a wide range of items, from perishables to hazardous materials. Tailoring screening systems to handle specific cargo types efficiently opens opportunities to cater to diverse industries and cargo requirements.

Global Air Cargo Security And Screening System Market: Opportunities

Adoption of Advanced Screening Technologies

The continuous evolution of screening technologies, such as AI-powered scanning, multi-view X-ray, and millimeter-wave scanning, presents an opportunity for manufacturers to develop and offer cutting-edge screening systems with enhanced accuracy and efficiency.

Global Air Cargo Security And Screening System Market: Restraints

High Initial Investment Costs

Implementing advanced air cargo screening systems involves significant upfront costs for equipment procurement, installation, and training. This can be a deterrent for some companies, particularly smaller players or those operating on tight budgets.

To know the latest trends and insights prevalent in this market, click the link below:

http://www.coherentmarketresearch.in/market-insight/air-cargo-security-and-screening-system-market-3339

Key Takeaways:

Global Air Cargo Security And Screening System Market was valued at US$ 2,475.2 Mn in 2023 and is estimated to reach a value of US$ 4,199.8 Mn by 2030 at a CAGR of 7.8 % between 2023 and 2030.

Explosives Detecting Systems held a dominant position in the global Air Cargo Security And Screening System Market in 2022, accounting for 38.3 % share in terms of value, owing to increasing approvals and launch of new products.

Global Air Cargo Security And Screening System Market: Trends

Emphasis on Data Analytics and Threat Intelligence

Data analytics and threat intelligence capabilities were being incorporated into screening systems to detect patterns and potential risks proactively. These technologies aimed to enhance security preparedness and response

Global Air Cargo Security And Screening System Market: Competitive Landscape   

Key market player includes L-3 Communications Security & detection system, American Science and Engineering, Inc., Smiths Detection., Nuctech Company, Safran Identity and Security SAS, Gilardoni S.P.A, Implant Sciences Corporation, Rapiscan System, and Costruzioni Elettroniche Industriali Automatismi S.p.A., and Others

Global Air Cargo Security And Screening System Market: Recent Developments

For instance, in December 2021, Rapiscan Systems, a leading provider of inspection technology and solutions for governments and commercial venues tasked with ensuring security, announced the Accelerate Secure Trade, Transport & Events Summit during the Rapiscan Systems Classic PGA TOUR Champions Golf Tournament, March 28 – April 3, 2022. Furthering education on the next generation of screening technology, the Summit will hold detailed discussions that solve the inefficiencies of inspection at every entry.

In May 2023, Smiths Detection, a global leader in threat detection and security screening technologies, announced that it has been selected to supply fully integrated checkpoints throughout Birmingham Airport as part of its £20m security screening upgrade. The new security checkpoints will feature Smiths Detection’s HI-SCAN 6040 CTiX, a computed tomography (CT) X-ray scanner, which produces high-resolution volumetric 3D images for quicker and deeper baggage assessment and low false-alarm rates. Implementation of the new scanner will allow passengers to leave their liquids and electronics in their hand luggage, which in turn will help to speed up security screening, whilst ensuring that safety is not compromised. The HI-SCAN 6040 CTiX is ECAC EDS CB C3 and TSA Certified.

In January 2021, Synaptics Incorporated, a U.S.-based developer of human interface hardware and software, launched a new Smart Edge AI platform named the VideoSmart VS600 family of high-performance multimedia System on a Chip (SoC) solutions that combines a central processing unit (CPU), network processing unit (NPU), and graphical processing unit (GPU) into a single software-enriched SoC

In March 2023, Smiths Detection, a global leader in threat detection and security screening technology, announced the launch of its latest chemical agent identifier, Lightweight Chemical Detector (LCD) 4 alongside the LCD XID extension. This will expand the detection capabilities of the LCD to include street narcotics, explosives, pharmaceuticals, and other super-toxic chemical threats.

In May 2023, The Transportation Security Administration (TSA) installed two new technologies that enhance the screening capabilities of travelers and their belongings at the Atlantic City International Airport security checkpoint. New credential authentication technology (CAT) units and four computed tomography scanners are now in use at the airport’s checkpoint.

Need a Custom Report?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports


Want to Buy a Report but have a Limited Budget?

We help clients to procure the report or sections of the report at their budgeted price. Kindly click on the below to avail


Logo

Credibility and Certifications

ESOMAR
DUNS Registered
Clutch
DMCA Protected

9001:2015

Credibility and Certifications

27001:2022

Credibility and Certifications

EXISTING CLIENTELE

Created billion dollars of revenue impact on thousands of clients

trusted clients logo
LogoCredibility and Certifications

Trusted Insights, Certified Excellence! Coherent Market Insights is a certified data advisory and business consulting firm recognized by global institutes.

Reliability and Reputation

860519526

Reliability and Reputation
Reliability and Reputation
Reliability and Reputation
ISO 9001:2015

9001:2015

ISO 27001:2022

27001:2022

© 2024 Coherent Market Insights Pvt Ltd. All Rights Reserved.