The Airport Baggage Screening Systems Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Airport Baggage Screening Systems Global Market Report 2024, 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 growth in the historic period can be attributed to disease and pest management, enhanced crop yield and quality, improved seed germination, regulatory support, efficiency in application.
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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 growth in the forecast period can be attributed to sustainable agriculture practices, rising demand for ornamental plants, increased sports turf management, changing climate conditions, government initiatives for landscapin.. Major trends in the forecast period include advancements in formulations, biological seed treatments, precision application technologies, seed enhancement technologies, customized seed treatment solutions, integrated pest management (ipm)..
The growing demand for air travel is expected to propel the growth of the airport baggage screening systems market going forward. Air travel refers to traveling by aircraft from one location to another. Airports employ various screening procedures to ensure the safety of air travel, one of which includes the use of X-ray imaging systems to inspect the hand-carried baggage of passengers. These systems are designed to detect the presence of any dangerous objects or weapons that may pose a threat to the safety of the flight. For instance, in 2022, according to the International Air Transport Association (IATA), a Canada-based agency for world airlines, total air traffic in 2022 (measured in revenue passenger kilometers, or RPKs) increased by 64.4% over 2021. The total air traffic increased to 39.7% in December 2022 compared to December 2021. Therefore, the increasing demand for air travel is driving the growth of the airport baggage screening systems market
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The airport baggage screening systems market covered in this report is segmented –
1) By Product Type: Advanced Imaging Systems, Computed Tomography Systems, Explosive Detection Systems, X-Ray Systems
2) By Baggage Type: Hold Baggage, Cabin Baggage
3) By Application: Civil Airport, Commercial Airport
Technological advancements are a key trend gaining popularity in the airport baggage screening systems market. Companies operating in the airport baggage screening market are launching innovative artificial intelligence (AI) based technology to sustain their position in the market. For instance, in June 2022, Thales, a France-based technology company providing advanced solutions, launched HELIXVIEW, an innovative cabin baggage explosive detection system. HELIXVIEW is a compact and lightweight system that allows passengers to keep their items inside their luggage while being scanned. The system uses X-ray nanotechnology-based electronic scanning and 3D imaging reconstruction, making it fully compliant with the C3 standard for EDS CB scanners. Thales has integrated Artificial Intelligence (AI) and Cybersecurity into the system to enhance its intelligence and cost-effectiveness for airports. HELIXVIEW enhances airport security and offers passengers a stress-free and seamless travel experience.
The airport baggage screening systems market report table of contents includes:
1. Executive Summary
2.Airport Baggage Screening Systems Market Characteristics
3.Airport Baggage Screening Systems Market Trends And Strategies
4. Airport Baggage Screening Systems Impact Market Analysis
5. Airport Baggage Screening Systems Market Size And Growth
6. Airport Baggage Screening Systems Segmentation
7. Airport Baggage Screening Systems Regional And Country Analysis
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27.Airport Baggage Screening Systems Competitive Landscape And Company Profiles
28.Airport Baggage Screening Systems Key Mergers And Acquisitions
29.Airport Baggage Screening Systems Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Analogic Corporation
- Rapiscan Systems Limited
- Glidepath Group Inc.
- L3 Security & Detection Systems- LeidoS
- Gilardoni S.p.A.
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Global Airport Baggage Screening Systems Market Information Report by Product Type (Advanced Imaging Systems, Computed Tomography Systems, Explosive Detection Systems, and X-Ray Systems), by Baggage Type (Hold Baggage and Cabin Baggage) and by Regions (North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America) - Global Forecast To 2023Market ScenarioThe increasing development of smart airports and new terminals are some major factors that boost the global market for airport baggage screening systems.
Over the years, there have been increasing investments on airport infrastructure, particularly in the Asia-Pacific region.
With the International Air Transport Association (IATA) and Airports Council International (ACI) focusing on ensuring minimal inconvenience to passengers and facilitate optimized airport operations, the airport baggage screening systems are expected to be subjected to rapid technological developments.
The manufacturers of these are increasingly focusing on the development and provision of efficient baggage screening systems, as the improvement of the existing baggage screening processes can simultaneously support the performance and efficiency of an airport.
Therefore, the global airport baggage screening market is expected to reach the valuation of USD 4,260.9 million and register a CAGR of 5.42%.Rapidly improving socio-economic conditions, and stringent vehicle safety regulations and changing customer preferences are some of the factors contributing towards the growth of the advanced driver assistance systems market.
This becomes challenging for the new players in the market, and result in only a handful of developers of the airport baggage screening systems.Regional AnalysisNorth America dominated the market for the airport baggage screening systems in 2016, largely due to existence of major market players in this region.
