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

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

Air Cargo Security Equipment Trends and Forecast

The future of the global air cargo security equipment market looks promising with opportunities in the air cargo security screening, aviation checkpoint solution, and advanced personnel screening markets. The global air cargo security equipment market is expected to reach an estimated $1 billion by 2030 with a CAGR of 6.8% from 2024 to 2030. The major drivers for this market are growing concern towards cybersecurity threats, rising demand for energy-efficient security equipment, and increasing globalization and surge in international trade.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Air Cargo Security Equipment by Segment

The study includes a forecast for the global air cargo security equipment by product type, application, and region.

Air Cargo Security Equipment Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

• Human-Heartbeat Detection Systems
• X-Ray Systems
• Others

Air Cargo Security Equipment Market by Application [Shipment Analysis by Value from 2018 to 2030]:

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

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

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

List of Air Cargo Security 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 air cargo security equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the air cargo security equipment companies profiled in this report include-

• ADANI
• American Science and Engineering
• C.E.I.A.
• EAS Envimet
• ENSCO
• Gilardoni
• L3 Security and Detection Systems
• Nuctech
• Rapiscan Systems
• Smith’s Detection

Air Cargo Security Equipment Market Insights

Lucintel forecasts that x-ray system will remain the largest segment over the forecast period due to the increasing need to use contemporary screening methods and growing air cargo security layers.

Within this market, air cargo security screening is expected to witness the highest growth due to rapid advancements in screening technologies.

APAC will remain the largest region over the forecast period due to the introduction of cutting-edge security equipment and new screening technology devices.

Features of the Global Air Cargo Security Equipment Market

Market Size Estimates: Air cargo security 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: Air cargo security equipment market size by product type, application, and region in terms of value ($B).

Regional Analysis: Air cargo security equipment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product types, applications, and regions for the air cargo security equipment market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the air cargo security equipment market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the air cargo security equipment market size?

Answer: The global air cargo security equipment market is expected to reach an estimated $1 billion by 2030.

Q2. What is the growth forecast for air cargo security equipment market?

Answer: The global air cargo security equipment market is expected to grow with a CAGR of 6.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the air cargo security equipment market?

Answer: The major drivers for this market are growing concern towards cybersecurity threats, rising demand for energy-efficient security equipment, and increasing globalization and surge in international trade.

Q4. What are the major segments for air cargo security equipment market?

Answer: The future of the air cargo security equipment market looks promising with opportunities in the air cargo security screening, aviation checkpoint solution, and advanced personnel screening markets.

Q5. Who are the key air cargo security equipment market companies?

Answer: Some of the key air cargo security equipment companies are as follows:

• ADANI
• American Science and Engineering
• C.E.I.A.
• EAS Envimet
• ENSCO
• Gilardoni
• L3 Security and Detection Systems
• Nuctech
• Rapiscan Systems
• Smith’s Detection

Q6. Which air cargo security equipment market segment will be the largest in future?

Answer: Lucintel forecasts that x-ray system will remain the largest segment over the forecast period due to the increasing need to use contemporary screening methods and growing air cargo security layers.

Q7. In air cargo security equipment market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to the introduction of cutting-edge security equipment and new screening technology devices..

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the air cargo security equipment market by product type (human-heartbeat detection systems, x-ray systems, and others), application (air cargo security screening, aviation checkpoint solutions, advanced personnel screening, 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?