Market Research Report
Air Cargo Security and Screening Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024
|Published by||IMARC Services Private Limited||Product code||757522|
|Published||Content info||102 Pages
Delivery time: 2-3 business days
|Air Cargo Security and Screening Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024|
|Published: June 10, 2019||Content info: 102 Pages||
The global air cargo security and screening systems market was worth US$ 607 Million in 2018. Air cargo security and screening systems are installed at airports by the airport authorities so that the rising flow and scrutiny of cargo consignment can be handled efficiently, accurately and quickly. Due to globalisation, a huge number of air service providers have entered causing an increase in air traffic and flow of cargo consignments on airports. Air cargo security and screening systems help to scan the cargos without any errors and without the restriction of size of the cargo. Screenings based on X-rays, ETD and EDS technologies are currently used in major systems. These technologies create high penetration to detect and identify contraband and goods that might compromise safety and business operations. They are also highly automated and result in significant savings on manual labour and time.
Assured security is a key factor catalysing the demand of air cargo security and screening systems. These systems can scan parcels and detect hidden illegal items, such as explosives, weapons, chemicals, firearms and narcotics. In the recent past, a rising risk of attacks and threats through explosives have driven the increasing adoption of these technologies. Moreover, these modern systems are capable of screening high volumes of cargo in shorter time spans. Due to a considerable increase in global air cargo traffic, the need for effective and powerful security and screening systems has also increased. Security check for cargo shipments through physical inspection was possible only in the past when the air cargo traffic was scanty, however, with the ascend in number of air cargo services, the airport authorities are under an increasing pressure of implementing such technologies that enhance screening and surveillance of high volumes of cargo. Looking forward, the market value is projected to reach US$ 832 Million by 2024, expanding at a CAGR of 5.5% during 2019-2024.