20 likes | 23 Views
The global air cargo screening systems market size is projected to expand at a CAGR of 4% during the forecast period, 2021-2028. The growth of the market is attributed to rising demand for advance screening systems at airport.<br>
E N D
Air Cargo Screening Systems Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast The global air cargo screening systems market size is projected to expand at a CAGR of 4% during the forecast period, 2021-2028. The growth of the market is attributed to rising demand for advance screening systems at airport. The air cargo industry is a significant target for terrorist attacks, and recent attempts to ship explosive materials have raised concerns and resulted in further tightening of screening regulations. Transportation Security Administration (TSA) and other regulatory bodies in the European Commission (EU) have imposed stringent regulations on air cargo screening, forcing several airports to upgrade their existing cargo screening systems. These systems assist security agencies in securing airport infrastructure against safety violations while also ensuring the smooth operation of the global supply chain, which boosts the country's economic prospects through aviation services. Request Sample link :- https://growthmarketreports.com/request-sample/2383 Market Trends, Drivers, Restraints, and Opportunities Increasing air cargo has encouraged the development of dedicated air cargo terminals, which is expected to drive the demand for air cargo screening systems in the coming years. Rising initiatives and support from government is projected to drive the market growth. Growing e-commerce activities has encouraged the adoption of air cargo screening, fueling the growth of the market. High cost of installation and timely maintenance is estimated to hinder the market growth. Development of advance security systems is anticipated to create immense opportunities for the market players. Market Segment Insights:
Explosive trace detection segment is anticipated to grow at a robust rate Based on technology, the market is segregated into explosive detection systems, explosive trace detection systems, metal detection systems, non-computed tomography (Non-CT) transmission x- ray devices. The explosive trace detection segment is anticipated to account for a large market share during the forecast period. Explosives trace detectors (ETD) are types of explosive detection equipment that can detect explosives with low explosive magnitudes. ETD-like devices are also used to detect narcotics. Modern screening methods are capable and powerful in screening large volumes of cargo. ETDs are used mainly in airports to detain people who are in possession of narcotics or explosives, as well as to identify traffickers of prohibited materials. Tyler Pounds Regional Airport in Texas received a high-tech baggage screening equipment from TSA. Enquiry Link :-https://growthmarketreports.com/enquiry-before-buying/2383 Competitive Landscape The major players in the air cargo screening systems market include Leidos, Inc., Rapiscan System Inc., L3 Security & Detection Systems, Smith’s Detection Inc., and VOTI Detection Inc. In January 2021, VOTI Detection Inc. announced that TSA approved the XR3D-7D and XR3D-100D scanners, which feature 3D Perspective technology for enhanced threat detection. In November 2019, Rapiscan Systems was approved by the European Civil Aviation Conference (ECAC) 3.1 performance standard and was selected to be on the TSA's Air Cargo Screening Technology List (ACSTL) for its RTT 110 Explosive Detection Systems (EDS). About Growth Market Reports: GMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Industry Intelligence Solutions”. GMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, secondary research & consumer surveys. Contact: Growth Market Reports Phone: +1 909 414 1393 Email: sales@growthmarketreports.com Web: https://growthmarketreports.com Follow Us: LinkedIn | Twitter