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Air cargo security screening is a technologically advanced security system which is used in the airport to check cargo shipments by airport authorities. At present, air cargo security screening systems are majorly used to detect in-flight detonation of explosive materials, weapon, chemical, biological, and radiological devices.
The factors expected to drive the market is the growing air passenger traffic across the world. Moreover, the growing demand for air cargo security screening from the emerging economy such as India and China is anticipated to boost the market. Rising demand for cost-effective air cargo security screening system is expected to offer lucrative opportunities for the market players operating globally. However, the lack of digital infrastructure is required to build the air cargo security screening is affecting the market growth.
By cargo type, the market is segmented into heavy cargo, dangerous goods, live animals, human remains, and others. Based on system, the market is segmented into X-Ray, explosive detection system (EDS), and explosive trace detection (ETD). From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, and Rest of the world.
Key Market Driver -
Increasing Focus to develop Low Cost Computed Tomography(CT) Device for Screening
Key Market Restraint -
High Demand of Air Cargo Security Screening in Aviation Industry
The major companies in the global air cargo security screening market report includes3DX-RAY (The U.K.), Astrophysics Inc. (The U.S.), Autoclear, LLC (The U.S.), IDEMIA (France), L3Harris Technologies Inc. (TheU.S.), Leidos (The U.S.), Nuctech Company Limited (China), Rapiscan Systems (The U.S.), Smiths Detection Inc. (The U.S.), and Teledyne e2v (The U.K.),and among others.
The air cargo security screening market has been segmented into North America, Europe, Asia Pacific, and Rest of the world. North America is projected to lead the market share during the forecast period. The growth in the region is owing to the presence of key players such as Astrophysics Inc., Autoclear, LLC, and L3Harris Technologies Inc. Furthermore, increasing funding from the U.S. government for airport security is anticipated to boost the market.
The Asia Pacific is estimated to capture a significant market share of the air cargo security screening market during the forecast period. The market growth is attributed to the increased funding from the airport authority of China and the airport authority of India to build smart airports. Furthermore, the increasing demand for air cargo security screening system in the logistic industry is propelling the market growth.
Europe is projected to exhibit strong growth in air cargo security screening market in the forthcoming years. This growth is attributed to the presence of key players, which include 3DX-RAY, IDEMIA, and Teledyne e2v. In Europe, the rising adoption of air cargo security screening in the warehouses and E-commerce industry is projected to boost the market. The Rest of the World will register moderate growth during the forecast period. This growth is owing to the high demand for air cargo security screening systems from South America and Middle East & Africa to secure domestic airport as well as an international airport
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