Global Air Cargo Security Equipment Market Opportunities and Forecast 2023-2030

Air Cargo Security Equipment Market Overview

Air cargo security equipment systems are machines that scan packages and look for hidden prohibited objects in containers that are transported by planes. This equipment aids in cargo security by allowing for the identification and screening of packages carrying explosives, chemicals, liquid materials, or human presence. Threats, knives, contraband, explosives, weapons, firearms, and narcotics can all be detected with these technologies. The global Air Cargo Security Equipment market is expected to grow at a significant rate over the stated period.
 
In recent years, the automobile, defense, and aerospace industrial sectors have boosted their demand for air cargo security equipment. Furthermore, the market for air cargo security screening and aviation checkpoint systems is predicted to rise at a quicker rate in the future years. This is because x-ray technology is increasingly being used in security systems for bomb and drug trace detection. In the next years, this trend is projected to strengthen the market for air cargo security equipment.
 
On the other hand, the high cost of screening systems and bulk screening while operating air cargo security equipment is a key factor restraining the growth of the global Air Cargo Security Equipment market.

Report Metric	Details
Market size available for years	2023–2030
Base year considered	2023
Forecast period	2024–2030
Forecast unit	Value (USD Million)
Segments covered	Product Type, Application, and Region. .
Regions covered	North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA)
Companies covered	ADANI, American Science and Engineering, Inc., C.E.I.A. S.P.A., EAS Envimet Group, ENSCO, Inc., Gilardoni S.P.A., L3 Security & Detection Systems, Nuctech Company Limited, Rapiscan Systems, Smiths Detection Inc.

Covid-19 Impact on Air Cargo Security Equipment Market
 
As the COVID-19 pandemic continuing its effect around the world, many defense and aerospace companies are facing its impact during this time around the world. For instance, commercial aviation companies in the U.S., France, Germany, and Canada are facing disruption in the production process and reduced demand as workforces staying at home, passengers stop traveling, and delay in delivery of new aircraft. Analysts expecting a drop from 3,000 to 4,000 aircraft during the pandemic period. On the defense side, contractors operating in the sector are in a better position, hence the impact of the pandemic is likely low in the short to mid-term. However, low demand due to budget constraints affecting the production as in aircraft manufacturing.
 
Air Cargo Security Equipment Market Segment Overview
 


According to Product Type, the x-ray Systems is one of the largest segments in the global Air Cargo Security Equipment market. This is primarily due to the increasing demand for implementing modern screening technology and the increase in the air cargo security layers. By Application, Air Cargo Security Screening is the most prominent segment in the market. This segment is expected to grow at a higher CAGR during the forecast period. This is mostly owing to the increased usage of x-ray radiations, which have the potential to scan items behind multiple layers of materials, making them more reliable in scanning people and products. During the forecast period, this is projected to be a major driver in increasing the need for x-ray security systems.
 
Air Cargo Security Equipment Market, By Product Type
 
·       x-ray Systems
·       Human-Heartbeat Detection Systems
·       Others
 
Air Cargo Security Equipment Market, By Application

·       Advanced Personnel Screening
·       Air Cargo Security Screening
·       Aviation Checkpoint Solutions
·       Others

Air Cargo Security Equipment Market Regional Overview

In terms of region, the Asia Pacific region grasps the largest share in the global Air Cargo Security Equipment market. This is mainly due to the introduction of new screening technologies and human presence detector systems for more robust security in airports. Furthermore, North America and Europe are two major regions for the global Air Cargo Security Equipment market.
 
Air Cargo Security Equipment Market, By Geography
 
·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
 
Air Cargo Security Equipment Market, Key Players

·       ADANI
·       American Science and Engineering, Inc.
·       C.E.I.A. S.P.A.
·       EAS Envimet Group
·       ENSCO, Inc.
·       Gilardoni S.P.A.
·       L3 Security & Detection Systems
·       Nuctech Company Limited
·       Rapiscan Systems
·       Smiths Detection Inc.

Frequently Asked Questions (FAQ) :

Q1. What are the restraining factors for the Air Cargo Security Equipment market?

Q2. Which Segments are covered in the Air Cargo Security Equipment Market report?

Q3. Which segment is projected to hold the largest share in the Air Cargo Security Equipment Market?

Q4. Which region holds the largest share in the Air Cargo Security Equipment market?

Q5. Which are the prominent players in the Air Cargo Security Equipment Market?