Infinium Global Research has added a new report on Air
Cargo Security Equipment Market. The report presents analysis of global
as well as regional markets of air cargo security equipment market over the
period of 2018 to 2024. Air cargo is any property carried or to be carried in
an aircraft. Air cargo comprises airfreight, air express, and airmail. Air
Cargo Handling Process belongs to core business processes irrespective of the
airport itself conducts it or it is managed by a specialized organization in
the opened market conditions. Air cargo security equipment systems are machines
that are used for scanning parcels and detect hidden illegal items in the
containers that are transported through flights. These systems help in
detecting threats, knives, contraband, explosive, weapons, firearms, and
narcotics. The systems are used for various applications such as advanced
personnel screening, air cargo security screening, aviation checkpoint
solutions.
Growth in the OEM suppliers drives the growth of the air cargo
security equipment market. In addition, increasing adoption of X-ray
technologies for the usage of security system is boosting the growth of the
cargo security equipment market. On the other hand, increasing threat of
terror-related activates and smuggling has advised airport authorities to adopt
explosive detection technology. However, High cost of the screening systems and
lack of awareness regarding the benefits of using the sophisticated air cargo
security equipment are likely to restrain the growth of the Air cargo security
equipment market. Furthermore, advanced technologies with innovative designs are
providing several growth opportunities for the key players in the air cargo
security equipment market over the years to come. Moreover, growing investment
by various state governments in up-gradation of existing security technology
and detect newly innovated chemical bases explosives is anticipated to have
positive impact on the overall market.
Among the geographies, Asia Pacific dominated the global air
cargo security equipment market in terms of revenue followed by Europe and
North America. The growth in the Asia Pacific region is due to the introduction
of new screening technology devices and advanced security equipment. Moreover,
European legislature has enforced 100% cargo screening on all passenger flights
from Europe. The Middle East is witnessing growth in infrastructure development
and targeting new airports and terminals in the region of main airport hubs.
Moreover, Middle Eastern air cargo carriers have maintained strong performance
and witnessed increased air cargo volume. Moreover, the growth matrix presented
by Infinium Global Research identifies the key investment markets in the near
future, this will not only help the companies to understand the competitive
position in the global air cargo security equipment market but also make
strategic decisions to capture the most lucrative markets in the near future. The
market size is presented in terms of value for the historic year 2016 and
estimated for forecast period of 2018-2024.
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The recent report identified that Asia Pacific dominated the
global air cargo security equipment market over the last couple of years, while
emerging markets of Asia-Pacific and Latin America are anticipated to
contribute significantly to the growth in the air cargo security equipment
market worldwide.
The report segments the global air cargo security equipment
market on the basis of Product Type and Application.
Global Air Cargo Security Equipment Market by
Product Type
·
Human-heartbeat Detection Systems
·
X-ray Systems
Global Air Cargo Security Equipment Market by
Application
·
Aviation Checkpoint Solutions
·
Air Cargo Security Screening
·
Advanced Personnel Screening
Companies Profiled in the Report
·
Smiths Detection Inc.
·
Rapiscan Systems
·
Nuctech Company Limited
·
L3 Security & Detection Systems
·
Gilardoni S.P.A.
·
ENSCO, Inc.
·
EAS Envimet Group
·
C.E.I.A. SpA
·
American Science and Engineering, Inc.
·
ADANI
About Infinium Global Research
Infinium Global Research is a business intelligence company
that provides its clients with market information services, solutions, and
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information, which are blended using forecasting models in order to project
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through which we determine various qualitative and quantitative parameters of
the market to provide you with an in-depth business intelligence report.
Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.
