PUBLISHER: Lucintel | PRODUCT CODE: 1356451
PUBLISHER: Lucintel | PRODUCT CODE: 1356451
The future of the airport metal detector market looks promising with opportunities in the military and civil applications. The airport metal detector market is expected to reach an estimated $4.4 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are rising cases of terrorist attacks worldwide, increasing number of air passengers, and growing demand for millimeter-wave scanners.
A more than 150-page report is developed to help in your business decisions.
The study includes a forecast for the global airport metal detector by product type, application, end use industry, technology, and region.
Airport Metal Detector Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
Airport Metal Detector Market by Application [Shipment Analysis by Value from 2018 to 2030]:
Airport Metal Detector Market by Region [Shipment Analysis by Value from 2018 to 2030]:
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 airport metal detector companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the airport metal detector companies profiled in this report include-
Lucintel forecast that explosive is expected to witness highest growth over the forecasts period due to substantial demand for these detectors to prevent explosives' threat to aviation security.
Military will remain the larger segment due to considerable use of metal detectors in military and federal government airports to identify weapons, explosives, and other hazardous substances in order to protect the environment from any potential explosives.
North America is expected to witness highest growth over the forecasts period due to growing preference for advanced security systems among airports, rising number of passenger traffic at airports, and continous economic and social growth rates in the region.
Market Size Estimates: Airport metal detector 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: Airport metal detector market size by product type, application, and region. in terms of value ($B).
Regional Analysis: Airport metal detector market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product type, application, and region.s for the airport metal detector market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the airport metal detector market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1. What is the airport metal detector market size?
Answer: The global airport metal detector market is expected to reach an estimated $4.4 billion by 2030.
Q.2. What is the growth forecast for airport metal detector market?
Answer: The global airport metal detector market is expected to grow with a CAGR of 6.5% from 2024 to 2030.
Q.3. What are the major drivers influencing the growth of the airport metal detector market?
Answer: The major drivers for this market are rising cases of terrorist attacks worldwide, increasing number of air passengers, and growing demand for millimeter-wave scanners.
Q.4. What are the major segments for airport metal detector market?
Answer: The future of the airport metal detector market looks promising with opportunities in the military and civil applications.
Q.5. Who are the key airport metal detector market companies?
Answer: Some of the key airport metal detector companies are as follows:
Q.6. Which airport metal detector market segment will be the largest in future?
Answer: Lucintel forecast that explosive is expected to witness highest growth over the forecasts period due to substantial demand for these detectors to prevent explosives' threat to aviation security.
Q.7. In airport metal detector market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecasts period due to growing preference for advanced security systems among airports, rising number of passenger traffic at airports, and continous economic and social growth rates in the region.
Q.8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.