Air Cargo Security Screening Market - SWOT Analysis, Competitors Analysis, Research, Segmentation and Forecast by 2023

Global Air Cargo Security Screening Market Report Information by System (Explosive Trace Detection (ETD), X-Ray, and Explosive Detection System (EDS)), by Cargo Type (Heavy Cargo, Dangerous Goods, Live Animals, Human Remains, and Others), and by Region - Forecast to 2023.

Overview:

Cargo in airports often find under inspection that includes physical search or canine inspection methods. However, this type of inspection requires time. To ease the procedure technologies have been introduced that would help in the accelerating the process. Several technologies like X-ray, ETD, and EDS technologies come under its purview. The global air cargo security screening market is expected to find growth with 6% CAGR during the forecast period (2017-2023). Market Research Future (MRFR) in their latest report published factors that would help the market understanding.

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One of the major factors to drive the global air cargo security screening market ahead is the constant threat of terrorist attacks. This has forced governments to introduce guidelines regarding checking and the method is seeking help from advanced technologies. This is bound to push the global air cargo security screening market ahead. On the other hand, demand for shorter waiting duration has also spurred the demand for better technological inclusions.

Segmentation:

MRFR’s report has the global air cargo security screening market segmented by system and cargo type. This detailed segmentation initiates an extensive study that would look into several market pointers for a better comprehensive analysis of the global market in the coming years.

Based on the system, the air cargo security screening market includes explosive trace detection (ETD), X-ray, and explosive detection system (EDS). The X-ray system segment fetches in the maximum market revenue for the global air cargo security screening market as its demand remains unfazed amidst several modern upgradation in the system and advents of advanced technologies.

Based on the cargo type, the air cargo security screening market includes heavy cargo, dangerous goods, human remains, live animals, and others. The live animals segment is witnessing several upgradation in the technology implemented.

Regional Analysis:

MRFR, in their recent report on the air cargo security screening market, revealed namely the Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA). This segmentation allows a closer look at the growth pockets to ensure high market impact.

The Americas market is leading the global market from the front and it is mainly due to the presence of the US. The law regarding screening of cargo is pretty strict in the US that checks heavy cargo all the time to ensure their own security. That is why the region is one of the major market traction providers. The huge domestic traffic volume and its associated cargo are driving the market of the North America ahead. Also, the presence of countries like Canada is benefitting the region. South America has little to contribute in comparison to its northern counterpart. However, Brazil and Argentina are showing substantial intake of devices to improve their infrastructure.

Europe’s market is well-developed and is getting groomed all the time by high investment plans launched by governments. Almost 3.5% CAGR for the region is on the card during the forecast period.

The MEA market has better scope for growth where the Middle East is expecting 5.9% CAGR over the review period. Surprisingly, Africa is expected to leave the Middle East behind with a 6.1% CAGR during the assessment period.

Competitive Landscape:

Several companies are getting involved in the growth of the global air cargo security screening market. These companies have been profiled and recorded in the latest report published by MRFR. Their merger, acquisition, product launch, innovation, and other strategic moves have been noted to understand the trends that could impact the global market. These companies are L-3 Security & Detection Systems (U.S.), 3DX-RAY (U.K), American Science and Engineering (U.S.), Rapiscan Systems (U.S.), Morpho Detection (U.K), Astrophysics (U.S.), Armstrong Monitoring (Canada), Autoclear (USA), CEIA (U.S.), and Gilardoni (Italy).

In February 2019, the U.S. Department of Homeland Security’s Transportation Security Administration (TSA) approved three canine screening methods to simplify and effectively decrease the wait period in cargo screening process. Several other companies like AMK9, Cargo Screening K9 Alliance, Global K9 Protection Group, K2 Solutions and MSA Security are also in the line to achieve this clearance.

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