PUBLISHER: Lucintel | PRODUCT CODE: 1456099
PUBLISHER: Lucintel | PRODUCT CODE: 1456099
Baggage Scanner Trends and Forecast
The future of the global baggage scanner market looks promising with opportunities in the airport, railway station, border checkpoint, and commercial facility markets. The global baggage scanner market is expected to reach an estimated $3.1 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are rising demand for faster and more efficient baggage handling and growing security concern.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Baggage Scanner by Segment
The study includes a forecast for the global baggage scanner by system, end use, and region.
List of Baggage Scanner Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies baggage scanner companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the baggage scanner companies profiled in this report include-
Baggage Scanner Market Insights
Lucintel forecasts that RFID is expected to witness the higher growth over the forecast period.
Within this market, airport is expected to witness the highest growth over the forecast period.
North America is expected to witness highest growth over the forecast period.
Features of the Global Baggage Scanner Market
Market Size Estimates: Baggage scanner market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Baggage scanner market size by system, end use, and region in terms of value ($B).
Regional Analysis: Baggage scanner market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different systems, end uses, and regions for the baggage scanner market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the baggage scanner market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the baggage scanner market size?
Answer: The global baggage scanner market is expected to reach an estimated $3.1 billion by 2030.
Q2. What is the growth forecast for baggage scanner market?
Answer: The global baggage scanner market is expected to grow with a CAGR of 6.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the baggage scanner market?
Answer: The major drivers for this market are rising demand for faster and more efficient baggage handling and growing security concern.
Q4. What are the major segments for baggage scanner market?
Answer: The future of the baggage scanner market looks promising with opportunities in the airport, railway station, border checkpoint, and commercial facility markets.
Q5. Who are the key baggage scanner market companies?
Answer: Some of the key baggage scanner companies are as follows:
Q6. Which baggage scanner market segment will be the largest in future?
Answer: Lucintel forecasts that RFID is expected to witness the higher growth over the forecast period.
Q7. In baggage scanner market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.