DUBLIN--(BUSINESS WIRE)--The "Air Cargo Security and Screening Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.
The global air cargo security and screening systems market was worth US$ 579 Million in 2017. Looking forward, the market value is projected to reach US$ 794 Million by 2023, expanding at a CAGR of around 5% during 2018-2023.
Air cargo security and screening systems are installed at airports by the airport authorities so that the rising flow and scrutiny of cargo consignment can be handled efficiently, accurately and quickly. Due to globalisation, a huge number of air service providers have entered causing an increase in air traffic and flow of cargo consignments on airports. Air cargo security and screening systems help to scan the cargos without any errors and without the restriction of size of the cargo. Screenings based on X-rays, ETD and EDS technologies are currently used in major systems. These technologies create high penetration to detect and identify contraband and goods that might compromise safety and business operations. They are also highly automated and result in significant savings on manual labour and time.
Assured security is a key factor catalysing the demand of air cargo security and screening systems. These systems can scan parcels and detect hidden illegal items, such as explosives, weapons, chemicals, firearms and narcotics. In the recent past, a rising risk of attacks and threats through explosives have driven the increasing adoption of these technologies. Moreover, these modern systems are capable of screening high volumes of cargo in shorter time spans.
Due to a considerable increase in global air cargo traffic, the need for effective and powerful security and screening systems has also increased. Security check for cargo shipments through physical inspection was possible only in the past when the air cargo traffic was scanty, however, with the ascend in number of air cargo services, the airport authorities are under an increasing pressure of implementing such technologies that enhance screening and surveillance of high volumes of cargo.
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
5 Global Air Cargo Security and Screening Systems Market
6 Market Breakup by Technology
7 Market Breakup by Size of Screening Systems
8 Market Breakup by Application
9 Market Breakup by Region
10 Manufacturing Process
11 Competitive Landscape
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