You are currently viewing Global Air Cargo Security Screening Market to be Driven by the Rapid Globalisation and International Trade in the Forecast Period of 2022-2027

Global Air Cargo Security Screening Market to be Driven by the Rapid Globalisation and International Trade in the Forecast Period of 2022-2027

The new report by Expert Market Research titled, ‘Global Air Cargo Security Screening Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global air cargo security screening market, assessing the market based on its segments like cargo types, systems, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2027)

  • Historical Market Size (2021): USD 1 Billion
  • Forecast CAGR (2022-2027): 5.20%
  • Forecast Market Size (2027): USD 1.3 Billion

The pandemic has led to the expansion of the industry owing to the exchange of vaccines and medicines. The International Air Transport Association reports that the air cargo demand increased by 9.1% in September 2021. The air cargo security screening industry is being driven by the increasing transportation of cargo due to the increasing cultural exchanges across borders. In addition, the rising incidences of terrorism and other illegal activities is further leading to the development of the industry. The increased efficiency of these security systems and the larger workforce skilled in these systems are leading to their expanding adoption by governments across the globe. All these factors are likely to provide impetus to the market.

Industry Definition and Major Segments

Air cargo security screening includes several systems deployed at several checkpoints throughout airports to identify or detect weapons or explosives hidden in the cargo. The most common air cargo screening processes include x-ray systems, explosives detection systems, TSA-certified explosives detection canine teams, and physical searches.

The air cargo security screening industry, by cargo type, is divided into:

  • Heavy Cargo
  • Dangerous Goods
  • Live Animals
  • Human Remains
  • Others

Based on system, the market is segregated into:

  • X-Ray
  • Explosive Detection System (EDS)
  • Explosive Trace Detection (ETD)

The regional markets of air cargo security screening include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

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Market Trends

The stringent government regulations worldwide to curb illegal activities, like narcotism and terrorism, is contributing to the steady growth of the air cargo security screening industry. Moreover, the governments’ increasing inclination towards generating income through the facilitation of air cargo is further invigorating the market growth. The high-quality technologies offered by companies is also bolstering the market. For instance: Smiths Detection Group Ltd. offers deep X-ray penetration, which provides excellent penetration, superior image quality, reduces dark alarms, and increases the efficiency of security checks. Further, the technological advancements in the screening systems and investments in research and development activities by the leading industry players are also expected to augment the air cargo security screening industry in the forecast period.

Key Market Players

The major players in the market are Rapiscan Systems, Astrophysics Inc., Autoclear, LLC, Leidos, Inc., Smiths Detection Group Ltd., and Gilardoni S.p.A., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company’s expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

Expert Market Research

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.