PUBLISHER: The Business Research Company | PRODUCT CODE: 1413986
PUBLISHER: The Business Research Company | PRODUCT CODE: 1413986
“Airport Baggage Screening Systems Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on airport baggage screening systems market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for airport baggage screening systems? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The airport baggage screening systems market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Airport baggage screening systems are employed to examine both carry-on and checked baggage, identifying prohibited items for air travel. This screening involves the use of radiation-emitting equipment, and the baggage undergoes electronic scrutiny at the airport before being permitted on the aircraft.
The primary product categories of airport baggage screening systems encompass advanced imaging systems, computed tomography systems, explosive detection systems, and x-ray systems. Computed tomography (CT) systems, also referred to as CT scanners, are sophisticated medical imaging technologies utilizing X-rays to generate detailed cross-sectional images of the human body. Various baggage types, including holding baggage and cabin baggage, find applications in diverse settings such as civil airports and commercial airports.
The airport baggage screening system market research report is one of a series of new reports from The Business Research Company that provides airport baggage screening system market statistics, including airport baggage screening system industry global market size, regional shares, competitors with an airport baggage screening system market share, detailed airport baggage screening system market segments, market trends and opportunities, and any further data you may need to thrive in the airport baggage screening system industry. This airport baggage screening system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The airport baggage screening systems market size has grown strongly in recent years. It will grow from $3.1 billion in 2023 to $3.32 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The expansion observed in the historical period can be attributed to factors such as disease and pest management, improved crop yield and quality, enhanced seed germination, regulatory support, and increased efficiency in application.
The airport baggage screening systems market size is expected to see strong growth in the next few years. It will grow to $4.22 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The anticipated expansion during the forecast period can be ascribed to the adoption of sustainable agricultural practices, a heightened need for ornamental plants, a surge in sports turf management, evolving climate patterns, and governmental efforts to promote landscaping. Prominent trends expected in the forecast period encompass progress in formulations, advancements in biological seed treatments, the integration of precision application technologies, innovations in seed enhancement technologies, the development of customized seed treatment solutions, and the promotion of integrated pest management (IPM).
The anticipated surge in air travel demand is poised to drive the expansion of the airport baggage screening systems market in the future. Air travel, involving the movement of individuals by aircraft from one destination to another, necessitates various screening measures at airports to ensure the safety of passengers. One such method involves the utilization of X-ray imaging systems to examine the hand-carried baggage of travelers. These systems are specifically designed to identify any potentially hazardous items or weapons that could jeopardize the safety of the flight. Notably, in 2022, the International Air Transport Association (IATA), a Canada-based agency representing global airlines, reported a remarkable 64.4% increase in total air traffic (measured in revenue passenger kilometers or RPKs) over the previous year. The surge in air traffic reached 39.7% in December 2022 compared to December 2021, underscoring the escalating demand for air travel and its positive impact on the airport baggage screening systems market.
The escalating threat of terrorism is also anticipated to fuel the expansion of the airport baggage screening systems market in the foreseeable future. Terrorism, characterized by the use of violence or the threat of violence to instill fear and achieve various objectives, poses a significant concern. Airport baggage screening systems play a crucial role in averting terrorist activities by identifying and addressing potential threats concealed within passengers' luggage. This enhances aviation security and ensures the safety of both passengers and the infrastructure associated with air travel. For instance, as reported by ReliefWeb, a US-based digital service for coordinating humanitarian affairs, terrorist attacks in 2022 were deadlier, with an average of 1.7 fatalities per attack compared to 1.3 deaths per attack in 2021. Consequently, the rising threat of terrorism is a driving force behind the growth of the airport baggage screening systems market.
The airport baggage screening systems market is witnessing a prominent trend of technological advancements, with companies in this sector introducing innovative artificial intelligence (AI)-based technologies to strengthen their market positions. In June 2022, Thales, a technology company based in France, unveiled HELIXVIEW, a groundbreaking cabin baggage explosive detection system. HELIXVIEW, characterized by its compact and lightweight design, enables passengers to leave their belongings inside their luggage during scanning. The system utilizes X-ray nanotechnology-based electronic scanning and 3D imaging reconstruction, ensuring full compliance with the C3 standard for EDS CB scanners. Thales has incorporated AI and cybersecurity into HELIXVIEW, enhancing its intelligence and cost-effectiveness for airports. This technology not only boosts airport security but also provides passengers with a stress-free and seamless travel experience.
Major companies are adopting a strategic partnership approach to deliver essential communication services to individuals, businesses, and governments. Strategic partnerships involve leveraging each other's strengths and resources for mutual benefits. For example, in February 2023, Alstef Group SAS, a France-based company specializing in automated turnkey solutions for airports and intralogistics, formed a partnership with Edmonton International Airport, a Canada-based international airport. The collaboration aims to modernize the airport's baggage handling system (BHS), significantly improving efficiency and enhancing the overall passenger experience. The project involves replacing the airport's outdated baggage handling infrastructure and providing operational technical support.
In April 2021, Allied Universal, a US-based security solutions provider, completed the acquisition of G4S for US $5.06 billion (£3.8 billion). This strategic move enables Allied Universal to offer high-standard solutions that address evolving security needs while expanding its office network across North America.This acquisition enhances Allied Universal's capabilities in delivering comprehensive security solutions. G4S, a UK-based security company acquired by Allied Universal, is known for providing security services and solutions, including advanced baggage screening solutions.
Major companies operating in the airport baggage screening systems market report are Analogic Corporation, Rapiscan Systems Limited, Glidepath Group Inc., L3 Security & Detection Systems- Leidos, Gilardoni S.p.A., Smiths Detection Limited, American Science and Engineering Inc., Astrophysics Inc., Nuctech Company Limited, G&S Airport Conveyor Systems LLC, Daifuku Co. Ltd., Vanderlande Industries B.V., Beumer Group GmbH, RTX Corporation, Siemens Logistics GmbH, L3Harris Security & Detection Systems, CEIA S.p.A., Adani Systems Inc., Garrett Metal Detectors Inc., Sita SpA, VOTI Detection Inc., Optosecurity Inc., Integrated Defense & Security Solutions, Scan-X Security Ltd., Rohde & Schwarz GmbH & Co. KG, Routescene Inc., Cobalt Light Systems Inc., OD Security Solutions Inc., Morpho Detection LLC, EVS GmbH
North America is expected to be the fastest-growing region in the forecast period. The regions covered in the airport baggage screening systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the airport baggage screening systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The airport baggage screening systems market consists of sales of screening systems including backscatter x-ray and cabinet x-ray machines. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.