Air Cargo Security Screening Systems Market 2022
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Air Cargo Security Screening Systems Market to Reach US$ 1.4 Bn by 2030; Travel Restrictions amidst COVID-19 Pandemic Impeding Market Growth
The global air cargo security screening systems market is set to be valued at just over US$ 1.4 Bn by 2030-end, according to PMR analysis..
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Surging adoption of X-ray-based screening systems and explosive detection technologies by airport authorities across the world is identified to be the primary factor driving the growth of the global air cargo security screening systems market. Growing usage of advanced screening technologies and rapidly increasing infrastructure development of air cargo terminals and security checks at airports will continue to push revenue sales of air cargo security screening systems further. Rising security concerns, coupled with increasing implementation of new standards and regulations, are likely to favor market growth over the forecast period of 2020 to 2030.
Key Players:
The report has profiled some of the Important players prevalent in the global like – Costruzioni Elettroniche, Industriali Automatismi S.p.A., Implant Sciences Corporation, American Science and Engineering, Inc., and Nuctech Company Limited and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Air Cargo Security Screening Systems.
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Key Takeaways from Air Cargo Security Screening Systems Market Study
- Adoption of explosives detection systems to remain high throughout the period of forecast.
- The narcotics detection technology segment is expected to witness significant growth in terms of revenue during the assessment period.
- The metal and other contraband detection segment is expected to witness a relatively high CAGR over the assessment period.
- North America, Europe, and Asia Pacific will remain key markets for air cargo security screening systems, globally.
“The COVID-19 outbreak has led to lockdowns and restrictions on trade and travel, which will hamper normal market growth in the short term,” says a PMR analyst.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Air Cargo Security Screening Systems Market Manufacturers
Air Cargo Security Screening Systems Market Distributors/Traders/Wholesalers
Air Cargo Security Screening Systems Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Key Questions Answered in This Report.
- What will the Market growth rate in Future?
- What are the key factors driving the global Market?
- Who are the key manufacturers in Market space?
- What are the opportunities and threats faced by the vendors in the global industry?
- What are sales, revenue, and price analysis by regions of industry?
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