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Air Cargo Security Equipment Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • January 2024
  • Region: Global
  • Lucintel
  • ID: 5969029
The global air cargo security equipment market is expected to reach an estimated $1 billion by 2030 with a CAGR of 6.8% from 2024 to 2030.

The major drivers for this market are growing concern towards cybersecurity threats, rising demand for energy-efficient security equipment, and increasing globalization and surge in international trade. The future of the global air cargo security equipment market looks promising with opportunities in the air cargo security screening, aviation checkpoint solution, and advanced personnel screening markets.

Air Cargo Security Equipment by Segment

The study includes a forecast for the global air cargo security equipment by product type, application, and region.

Air Cargo Security Equipment Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

  • Human-Heartbeat Detection Systems
  • X-Ray Systems
  • Others

Air Cargo Security Equipment Market by Application [Shipment Analysis by Value from 2018 to 2030]:

  • Air Cargo Security Screening
  • Aviation Checkpoint Solutions
  • Advanced Personnel Screening
  • Others

Air Cargo Security Equipment Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Air Cargo Security Equipment Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies air cargo security equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the air cargo security equipment companies profiled in this report include:
  • ADANI
  • American Science and Engineering
  • C.E.I.A.

  • EAS Envimet
  • ENSCO
  • Gilardoni
  • L3 Security and Detection Systems
  • Nuctech
  • Rapiscan Systems
  • Smith’s Detection

Air Cargo Security Equipment Market Insights

X-ray system will remain the largest segment over the forecast period due to the increasing need to use contemporary screening methods and growing air cargo security layers.

Within this market, air cargo security screening is expected to witness the highest growth due to rapid advancements in screening technologies.

APAC will remain the largest region over the forecast period due to the introduction of cutting-edge security equipment and new screening technology devices.

Features of the Global Air Cargo Security Equipment Market

  • Market Size Estimates: Air cargo security equipment market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Air cargo security equipment market size by product type, application, and region in terms of value ($B).
  • Regional Analysis: Air cargo security equipment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different product types, applications, and regions for the air cargo security equipment market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the air cargo security equipment market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the air cargo security equipment market size?
Answer: The global air cargo security equipment market is expected to reach an estimated $1 billion by 2030.

Q2. What is the growth forecast for air cargo security equipment market?
Answer: The global air cargo security equipment market is expected to grow with a CAGR of 6.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the air cargo security equipment market?
Answer: The major drivers for this market are growing concern towards cybersecurity threats, rising demand for energy-efficient security equipment, and increasing globalization and surge in international trade.

Q4. What are the major segments for air cargo security equipment market?
Answer: The future of the air cargo security equipment market looks promising with opportunities in the air cargo security screening, aviation checkpoint solution, and advanced personnel screening markets.

Q5. Who are the key air cargo security equipment market companies?
Answer: Some of the key air cargo security equipment companies are as follows:
  • ADANI
  • American Science and Engineering
  • C.E.I.A.

  • EAS Envimet
  • ENSCO
  • Gilardoni
  • L3 Security and Detection Systems
  • Nuctech
  • Rapiscan Systems
  • Smith’s Detection
Q6. Which air cargo security equipment market segment will be the largest in future?
Answer: The publisher forecasts that x-ray system will remain the largest segment over the forecast period due to the increasing need to use contemporary screening methods and growing air cargo security layers.

Q7. In air cargo security equipment market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to the introduction of cutting-edge security equipment and new screening technology devices..

Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the air cargo security equipment market by product type (human-heartbeat detection systems, x-ray systems, and others), application (air cargo security screening, aviation checkpoint solutions, advanced personnel screening, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Air Cargo Security Equipment Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Air Cargo Security Equipment Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Air Cargo Security Equipment Market by Product Type
3.3.1: Human-Heartbeat Detection Systems
3.3.2: X-Ray Systems
3.3.3: Others
3.4: Global Air Cargo Security Equipment Market by Application
3.4.1: Air Cargo Security Screening
3.4.2: Aviation Checkpoint Solutions
3.4.3: Advanced Personnel Screening
3.4.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Air Cargo Security Equipment Market by Region
4.2: North American Air Cargo Security Equipment Market
4.2.1: North American Air Cargo Security Equipment Market by Product Type: Human-Heartbeat Detection Systems, X-Ray Systems, and Others
4.2.2: North American Air Cargo Security Equipment Market by Application: Air Cargo Security Screening, Aviation Checkpoint Solutions, Advanced Personnel Screening, and Others
4.3: European Air Cargo Security Equipment Market
4.3.1: European Air Cargo Security Equipment Market by Product Type: Human-Heartbeat Detection Systems, X-Ray Systems, and Others
4.3.2: European Air Cargo Security Equipment Market by Application: Air Cargo Security Screening, Aviation Checkpoint Solutions, Advanced Personnel Screening, and Others
4.4: APAC Air Cargo Security Equipment Market
4.4.1: APAC Air Cargo Security Equipment Market by Product Type: Human-Heartbeat Detection Systems, X-Ray Systems, and Others
4.4.2: APAC Air Cargo Security Equipment Market by Application: Air Cargo Security Screening, Aviation Checkpoint Solutions, Advanced Personnel Screening, and Others
4.5: ROW Air Cargo Security Equipment Market
4.5.1: ROW Air Cargo Security Equipment Market by Product Type: Human-Heartbeat Detection Systems, X-Ray Systems, and Others
4.5.2: ROW Air Cargo Security Equipment Market by Application: Air Cargo Security Screening, Aviation Checkpoint Solutions, Advanced Personnel Screening, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Air Cargo Security Equipment Market by Product Type
6.1.2: Growth Opportunities for the Global Air Cargo Security Equipment Market by Application
6.1.3: Growth Opportunities for the Global Air Cargo Security Equipment Market by Region
6.2: Emerging Trends in the Global Air Cargo Security Equipment Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Air Cargo Security Equipment Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Air Cargo Security Equipment Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: ADANI
7.2: American Science and Engineering
7.3: C.E.I.A.
7.4: EAS Envimet
7.5: ENSCO
7.6: Gilardoni
7.7: L3 Security and Detection Systems
7.8: Nuctech
7.9: Rapiscan Systems
7.10: Smith’s Detection

Companies Mentioned

  • ADANI
  • American Science and Engineering
  • C.E.I.A.

  • EAS Envimet
  • ENSCO
  • Gilardoni
  • L3 Security and Detection Systems
  • Nuctech
  • Rapiscan Systems
  • Smith’s Detection

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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