The cargo container X-ray inspection systems market size has grown strongly in recent years. It will grow from $1.73 billion in 2023 to $1.85 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth observed in the historical period can be ascribed to several factors including the expansion of global trade, heightened concerns regarding security, adherence to regulatory standards, the evolving landscape of security, and the pursuit of cost reduction and operational efficiency.
The cargo container X-ray inspection systems market size is expected to see strong growth in the next few years. It will grow to $2.41 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The projected growth in the upcoming period is driven by several factors, including the heightened risk of terrorism and illicit activities, the ongoing increase in globalization and trade activity, a heightened emphasis on enhancing supply chain resilience, and the incorporation of artificial intelligence (AI) and machine learning into security measures to improve effectiveness. Moreover, regulatory requirements and standards will continue to influence growth. Key trends anticipated during this period include a greater integration of data analytics, an expansion of mobile and portable security solutions, a stronger emphasis on sustainability and energy efficiency, advancements in threat detection algorithms, and the adoption of blockchain technology to enhance supply chain security.
The anticipated growth in cross-border trade is expected to drive the expansion of the cargo container X-ray inspection systems market in the coming years. Cross-border trade involves the exchange of goods and services between entities in different countries, facilitated by international shipping and trade agreements. This growth is fueled by globalization, improved logistics networks, and shifting consumer preferences towards online shopping. Cargo container X-ray inspection systems play a crucial role in cross-border trade by efficiently scanning inbound and outbound shipments for illicit items, ensuring compliance with customs regulations, and enhancing security measures. For example, a report from the World Trade Organization (WTO) in October 2023 indicated a 0.8% increase in the value of global merchandise trade, with a projected 3.3% growth expected for 2024, underscoring the significance of cross-border trade in driving the cargo container X-ray inspection systems market.
Key players in the cargo container X-ray inspection systems market are focusing on technological advancements, particularly in imaging technologies such as non-intrusive inspection technology, to enhance innovation, efficiency, and effectiveness in security screening processes. Non-intrusive inspection technology enables the examination of objects and cargo without physical contact or disruption to security screening or quality control procedures. For instance, in April 2021, APM Terminals, a Netherlands-based shipping company, introduced X-ray container scanners at APM Terminals Quetzal (APMTQ), implementing advanced non-intrusive inspection technology for real-time imaging and inspection of all cargo passing through the port. These scanners ensure comprehensive security screening and operational efficiency by covering import and export container flows, thereby enhancing control, traceability, and transparency at the port.
In April 2024, SureScan Corporation, a US-based scanner system manufacturing company, acquired Integrated Defense and Security Solutions (IDSS) Corp. to bolster its presence in the computed tomography (CT) industry. This acquisition expands SureScan's capabilities to meet the demands of the aviation, cargo, customs, and border sectors with advanced checkpoint screening technologies. Integrated Defense and Security Solutions (IDSS) Corp. specializes in high-power X-ray inspection systems for cargo and passenger baggage, aligning with SureScan's strategic objectives in enhancing security screening solutions.
Major companies operating in the cargo container x-ray inspection systems market are Hitachi Ltd., L3Harris Technologies Inc., Leidos Holdings, OSI Systems Inc., ZKTeco Co. Ltd., Rapiscan Systems, Nuctech Company Ltd, Astrophysics Inc, Autoclear Security Inspection Systems, Kromek Group PLC, Zod Security, Voti Detection Inc., Gatekeeper Security, Morpho Inc., Vidisco Ltd., SCANNA MSC Ltd., VMI Security, Safeway Inspection System, Adani Systems Inc., Beijing Zhongdun Anmin, China Institute of Atomic Energy, ADANI Systems, RX Solutions, iRay Technology, Gilardoni S.p.A., Todd Research Ltd.
North America was the largest region in the cargo container X-ray inspection systems market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cargo container x-ray inspection systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the cargo container x-ray inspection systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Cargo container X-ray inspection systems are advanced imaging solutions tailored for scanning and examining cargo containers to detect illicit substances, hazardous materials, contraband, or security risks without necessitating physical inspection. They play a crucial role in ensuring safety and security in transportation and border control operations by utilizing X-ray technology to produce detailed images of cargo contents, aiding inspectors in identifying potential threats.
The primary components of cargo container X-ray inspection systems comprise hardware and software. Hardware encompasses essential physical elements such as X-ray generators, detectors, conveyors, and gantry structures, pivotal for scanning and imaging cargo contents. These systems operate in stationary or mobile modes, with variations such as 2D and 3D systems, and find applications in various settings including roads, border crossings, airports, and seaports.
The cargo container X-ray inspection systems market research report is one of a series of new reports that provides cargo container X-ray inspection systems market statistics, including cargo container X-ray inspection systems industry global market size, regional shares, competitors with a cargo container X-ray inspection systems market share, detailed cargo container X-ray inspection systems market segments, market trends and opportunities, and any further data you may need to thrive in the cargo container X-ray inspection systems industry. This cargo container X-ray inspection systems 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 cargo container X-ray inspection systems market consists of sales of containerized x-ray inspection systems, pallet and parcel x-ray scanners, vehicle and truck x-ray scanners. 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.
This product will be delivered within 3-5 business days.
The cargo container X-ray inspection systems market size is expected to see strong growth in the next few years. It will grow to $2.41 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The projected growth in the upcoming period is driven by several factors, including the heightened risk of terrorism and illicit activities, the ongoing increase in globalization and trade activity, a heightened emphasis on enhancing supply chain resilience, and the incorporation of artificial intelligence (AI) and machine learning into security measures to improve effectiveness. Moreover, regulatory requirements and standards will continue to influence growth. Key trends anticipated during this period include a greater integration of data analytics, an expansion of mobile and portable security solutions, a stronger emphasis on sustainability and energy efficiency, advancements in threat detection algorithms, and the adoption of blockchain technology to enhance supply chain security.
The anticipated growth in cross-border trade is expected to drive the expansion of the cargo container X-ray inspection systems market in the coming years. Cross-border trade involves the exchange of goods and services between entities in different countries, facilitated by international shipping and trade agreements. This growth is fueled by globalization, improved logistics networks, and shifting consumer preferences towards online shopping. Cargo container X-ray inspection systems play a crucial role in cross-border trade by efficiently scanning inbound and outbound shipments for illicit items, ensuring compliance with customs regulations, and enhancing security measures. For example, a report from the World Trade Organization (WTO) in October 2023 indicated a 0.8% increase in the value of global merchandise trade, with a projected 3.3% growth expected for 2024, underscoring the significance of cross-border trade in driving the cargo container X-ray inspection systems market.
Key players in the cargo container X-ray inspection systems market are focusing on technological advancements, particularly in imaging technologies such as non-intrusive inspection technology, to enhance innovation, efficiency, and effectiveness in security screening processes. Non-intrusive inspection technology enables the examination of objects and cargo without physical contact or disruption to security screening or quality control procedures. For instance, in April 2021, APM Terminals, a Netherlands-based shipping company, introduced X-ray container scanners at APM Terminals Quetzal (APMTQ), implementing advanced non-intrusive inspection technology for real-time imaging and inspection of all cargo passing through the port. These scanners ensure comprehensive security screening and operational efficiency by covering import and export container flows, thereby enhancing control, traceability, and transparency at the port.
In April 2024, SureScan Corporation, a US-based scanner system manufacturing company, acquired Integrated Defense and Security Solutions (IDSS) Corp. to bolster its presence in the computed tomography (CT) industry. This acquisition expands SureScan's capabilities to meet the demands of the aviation, cargo, customs, and border sectors with advanced checkpoint screening technologies. Integrated Defense and Security Solutions (IDSS) Corp. specializes in high-power X-ray inspection systems for cargo and passenger baggage, aligning with SureScan's strategic objectives in enhancing security screening solutions.
Major companies operating in the cargo container x-ray inspection systems market are Hitachi Ltd., L3Harris Technologies Inc., Leidos Holdings, OSI Systems Inc., ZKTeco Co. Ltd., Rapiscan Systems, Nuctech Company Ltd, Astrophysics Inc, Autoclear Security Inspection Systems, Kromek Group PLC, Zod Security, Voti Detection Inc., Gatekeeper Security, Morpho Inc., Vidisco Ltd., SCANNA MSC Ltd., VMI Security, Safeway Inspection System, Adani Systems Inc., Beijing Zhongdun Anmin, China Institute of Atomic Energy, ADANI Systems, RX Solutions, iRay Technology, Gilardoni S.p.A., Todd Research Ltd.
North America was the largest region in the cargo container X-ray inspection systems market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cargo container x-ray inspection systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the cargo container x-ray inspection systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Cargo container X-ray inspection systems are advanced imaging solutions tailored for scanning and examining cargo containers to detect illicit substances, hazardous materials, contraband, or security risks without necessitating physical inspection. They play a crucial role in ensuring safety and security in transportation and border control operations by utilizing X-ray technology to produce detailed images of cargo contents, aiding inspectors in identifying potential threats.
The primary components of cargo container X-ray inspection systems comprise hardware and software. Hardware encompasses essential physical elements such as X-ray generators, detectors, conveyors, and gantry structures, pivotal for scanning and imaging cargo contents. These systems operate in stationary or mobile modes, with variations such as 2D and 3D systems, and find applications in various settings including roads, border crossings, airports, and seaports.
The cargo container X-ray inspection systems market research report is one of a series of new reports that provides cargo container X-ray inspection systems market statistics, including cargo container X-ray inspection systems industry global market size, regional shares, competitors with a cargo container X-ray inspection systems market share, detailed cargo container X-ray inspection systems market segments, market trends and opportunities, and any further data you may need to thrive in the cargo container X-ray inspection systems industry. This cargo container X-ray inspection systems 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 cargo container X-ray inspection systems market consists of sales of containerized x-ray inspection systems, pallet and parcel x-ray scanners, vehicle and truck x-ray scanners. 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.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Cargo Container X-ray Inspection Systems Market Characteristics3. Cargo Container X-ray Inspection Systems Market Trends and Strategies32. Global Cargo Container X-ray Inspection Systems Market Competitive Benchmarking33. Global Cargo Container X-ray Inspection Systems Market Competitive Dashboard34. Key Mergers and Acquisitions in the Cargo Container X-ray Inspection Systems Market
4. Cargo Container X-ray Inspection Systems Market - Macro Economic Scenario
5. Global Cargo Container X-ray Inspection Systems Market Size and Growth
6. Cargo Container X-ray Inspection Systems Market Segmentation
7. Cargo Container X-ray Inspection Systems Market Regional and Country Analysis
8. Asia-Pacific Cargo Container X-ray Inspection Systems Market
9. China Cargo Container X-ray Inspection Systems Market
10. India Cargo Container X-ray Inspection Systems Market
11. Japan Cargo Container X-ray Inspection Systems Market
12. Australia Cargo Container X-ray Inspection Systems Market
13. Indonesia Cargo Container X-ray Inspection Systems Market
14. South Korea Cargo Container X-ray Inspection Systems Market
15. Western Europe Cargo Container X-ray Inspection Systems Market
16. UK Cargo Container X-ray Inspection Systems Market
17. Germany Cargo Container X-ray Inspection Systems Market
18. France Cargo Container X-ray Inspection Systems Market
19. Italy Cargo Container X-ray Inspection Systems Market
20. Spain Cargo Container X-ray Inspection Systems Market
21. Eastern Europe Cargo Container X-ray Inspection Systems Market
22. Russia Cargo Container X-ray Inspection Systems Market
23. North America Cargo Container X-ray Inspection Systems Market
24. USA Cargo Container X-ray Inspection Systems Market
25. Canada Cargo Container X-ray Inspection Systems Market
26. South America Cargo Container X-ray Inspection Systems Market
27. Brazil Cargo Container X-ray Inspection Systems Market
28. Middle East Cargo Container X-ray Inspection Systems Market
29. Africa Cargo Container X-ray Inspection Systems Market
30. Cargo Container X-ray Inspection Systems Market Competitive Landscape and Company Profiles
31. Cargo Container X-ray Inspection Systems Market Other Major and Innovative Companies
35. Cargo Container X-ray Inspection Systems Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Cargo Container X-ray Inspection Systems Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on cargo container x-ray inspection 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.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
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- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for cargo container x-ray inspection systems ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The cargo container x-ray inspection systems market global report 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.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Component: Hardware; Software2) by Operating Mode: Stationary Type; Mobile Type
3) by Dimension: 2D Systems; 3D Systems
4) by Application: Roadways and Border Crossing; Airports; Seaports
Key Companies Mentioned: Hitachi Ltd.; L3Harris Technologies Inc.; Leidos Holdings; OSI Systems Inc.; ZKTeco Co. Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Hitachi Ltd.
- L3Harris Technologies Inc.
- Leidos Holdings
- OSI Systems Inc.
- ZKTeco Co. Ltd.
- Rapiscan Systems
- Nuctech Company Ltd
- Astrophysics Inc
- Autoclear Security Inspection Systems
- Kromek Group PLC
- Zod Security
- Voti Detection Inc.
- Gatekeeper Security
- Morpho Inc.
- Vidisco Ltd.
- SCANNA MSC Ltd.
- VMI Security
- Safeway Inspection System
- Adani Systems Inc.
- Beijing Zhongdun Anmin
- China Institute of Atomic Energy
- ADANI Systems
- RX Solutions
- iRay Technology
- Gilardoni S.p.A.
- Todd Research Ltd.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | June 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 1.85 Billion |
Forecasted Market Value ( USD | $ 2.41 Billion |
Compound Annual Growth Rate | 6.9% |
Regions Covered | Global |
No. of Companies Mentioned | 26 |