The North America Cargo And Vehicle Screening Market size is estimated at USD 0.75 billion in 2024, and is expected to reach USD 1.04 billion by 2029, growing at a CAGR of 6.90% during the forecast period (2024-2029).
The primary purpose of cargo and vehicle security screening systems is to detect explosives and other illegal products. The increasing adoption of advanced technologies in cargo and vehicle inspection systems also contributes to the market's growth. However, factors such as high installation and maintenance costs are restraining the development of this market.
The North American cargo and vehicle screening market is moderately competitive, with significant players like Rapiscan Systems, LINEV Systems, Nuctech Company Limited, and Leidos, Inc., among others. Players in the market are adopting various strategies, such as partnerships, mergers, collaborations, innovations, and acquisitions, to enhance their product offerings and gain a sustainable competitive advantage. Some of the recent developments in the market include.
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