Cargo Scanning Equipment Market Report: Trends, Forecast and Competitive Analysis to 2030

Cargo Scanning Equipment Trends and Forecast

The future of the global cargo scanning equipment market looks promising with opportunities in the airport, railway station, border control, logistic and transportation, industrial and manufacturing facility, and military & defense markets. The global cargo scanning equipment market is expected to reach an estimated $5 billion by 2030 with a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are the increase in international trade and globalization, significantly growing e-commerce and logistic industries, and on-going advancements in the scanning technology.

Cargo Scanning Equipment by Segment

The study includes a forecast for the global cargo scanning equipment by equipment type, cargo size, end use, and region.

Cargo Scanning Equipment Market by Equipment Type [Shipment Analysis by Value from 2018 to 2030]:

• Narcotics Trace Detectors
• Non-Computed Tomography
• X-Ray Scanners
• Explosive Trace Detectors (ETDS)
• Radiation Detectors
• Others

Cargo Scanning Equipment Market by Cargo Size [Shipment Analysis by Value from 2018 to 2030]:

• Small Parcels
• Break Pallet Cargo
• Oversized Cargo

Cargo Scanning Equipment Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Airports
• Railway Station
• Border Control
• Logistics and Transportation
• Industrial and Manufacturing Facilities
• Military & Defense
• Others

Cargo Scanning Equipment Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Cargo Scanning Equipment 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 cargo scanning equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cargo scanning equipment companies profiled in this report include:

• Leidos Holdings
• Elbit Systems
• Teledyne Technologies
• IDEMIA
• Smiths Detection
• Rapiscan System
• Nuctech

Cargo Scanning Equipment Market Insights

The publisher forecasts that narcotic trace detector is expected to witness the highest growth over the forecast period due to its increasing adoption in airports, railway stations, border control, logistics and transportation, industrial and manufacturing facilities.

Within this market, military & defense will remain the largest segment due to increasing government investments.

North America is expected to witness highest growth over the forecast period due to significant growth of e-commerce and logistic sectors and presence of major players in this region.

Features of the Global Cargo Scanning Equipment Market

• Market Size Estimates: Cargo scanning equipment market size estimation in terms of value ($B).
• Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
• Segmentation Analysis: Cargo scanning equipment market size by equipment type, cargo size, end use, and region in terms of value ($B).
• Regional Analysis: Cargo scanning equipment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
• Growth Opportunities: Analysis of growth opportunities in different equipment types, cargo sizes, end uses, and regions for the cargo scanning equipment market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cargo scanning equipment market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the cargo scanning equipment market size?
Answer: The global cargo scanning equipment market is expected to reach an estimated $5 billion by 2030.

Q2. What is the growth forecast for cargo scanning equipment market?
Answer: The global cargo scanning equipment market is expected to grow with a CAGR of 6.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the cargo scanning equipment market?
Answer: The major drivers for this market are the increase in international trade and globalization, significantly growing e-commerce and logistic industries, and on-going advancements in the scanning technology.

Q4. What are the major segments for cargo scanning equipment market?
Answer: The future of the cargo scanning equipment market looks promising with opportunities in the airport, railway station, border control, logistic and transportation, industrial and manufacturing facility, and military & defense markets.

Q5. Who are the key cargo scanning equipment market companies?
Answer: Some of the key cargo scanning equipment companies are as follows:

• Leidos Holdings
• Elbit Systems
• Teledyne Technologies
• IDEMIA
• Smiths Detection
• Rapiscan System
• Nuctech

Q6. Which cargo scanning equipment market segment will be the largest in future?
Answer: The publisher forecasts that narcotic trace detector is expected to witness the highest growth over the forecast period due to its increasing adoption in airports, railway stations, border control, logistics and transportation, industrial and manufacturing facilities.

Q7. In cargo scanning equipment 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 due to significant growth of e-commerce and logistic sectors and presence of major players in this region.

Q8. Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the cargo scanning equipment market by equipment type (narcotics trace detectors, non-computed tomography, x-ray scanners, explosive trace detectors (ETDs), radiation detectors, and others), cargo size (small parcels, break pallet cargo, and oversized cargo), end use (airports, railway station, border control, logistics and transportation, industrial and manufacturing facilities, military & defense, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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