Airport Baggage Screening Systems Market Information Report by Product Type (Advanced Imaging Systems, Computed Tomography Systems, Explosive Detection Systems, and X-Ray Systems), by Baggage Type (Hold Baggage and Cabin Baggage) and by Regions (North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America) – Global Forecast To 2023
Market Scenario
The increasing development of smart airports and new terminals are some major factors that boost the global market for airport baggage screening systems. Over the years, there have been increasing investments on airport infrastructure, particularly in the Asia-Pacific region. Moreover, a number of smart initiatives are being introduced at the airports, which is expected to augment the aviation industry, as a whole. With the International Air Transport Association (IATA) and Airports Council International (ACI) focusing on ensuring minimal inconvenience to passengers and facilitate optimized airport operations, the airport baggage screening systems are expected to be subjected to rapid technological developments. With the development of new airports, the role of baggage handling systems has become significant, over the years.
Get a FREE Sample Report with Complete TOC @ https://www.marketresearchfuture.com/sample_request/4132
Moreover, the growing demand for air travel and the increasing air traffic, are expected to propel the demand for the market. The manufacturers of these are increasingly focusing on the development and provision of efficient baggage screening systems, as the improvement of the existing baggage screening processes can simultaneously support the performance and efficiency of an airport. Therefore, the global airport baggage screening market is expected to reach the valuation of USD 4,260.9 million and register a CAGR of 5.42%.
Rapidly improving socio-economic conditions, and stringent vehicle safety regulations and changing customer preferences are some of the factors contributing towards the growth of the advanced driver assistance systems market. Of late, the market for airport baggage screening systems has witnessed tremendous growth, and is expected to grow rapidly, during the forecast period. Despite the rapid growth of the market, the high cost associated with screening systems pose a significant threat to the market growth. Besides their high installation costs, they require regular maintenance and upgrade. This becomes challenging for the new players in the market, and result in only a handful of developers of the airport baggage screening systems.
Key Players
The key players of global airport baggage screening systems market are –
- American Science and Engineering Inc.
- Analogic Corporation
- Astrophysics Inc.
- C.E.I.A. S.p.A.
- Gilardoni S.p.A.
- Glidepath Group
- L3 Security & Detection Systems
- NUCTECH COMPANY LIMITED
- Rapiscan Systems
- Smiths Detection
Regional Analysis
North America dominated the market for the airport baggage screening systems in 2016, largely due to existence of major market players in this region. Over the years, there have been high investments on the airport security systems in the region, due to the growing number of attacks and terror threats across the globe. North America is one of the leading regions in the airport baggage screening systems market. The sheer existence of the major manufacturers in this region such as Rapiscan Systems and Astrophysics Inc., among others, combined with the availability of sophisticated technologies to manufacture high-tech baggage screening systems, results in this region being of the leading regions in the airport baggage screening systems market. In addition, strict government norms and airport authorities ensuring implementation of regular and advanced security checks, also fuels the market growth.
Similarly, Asia-Pacific is expected to be the leading market for airport baggage screening systems primarily due to the increasing expenses on the development and upgradation of airport infrastructure in the region. Countries such as Malaysia, Indonesia, Philippines, and Thailand have witnessed a steady international air traffic growth in the recent years, which have resulted in higher investments on the airports by their governments.
There has been a significant domestic air traffic in countries such as India and China. In addition, there have been a large number of terrorist threats in this region, which have compelled the governments to improve their security measures. Thus, the region has become very lucrative for the companies that manufacture airport baggage screening systems.
Intended Audience
- Distributer & Supplier companies
- End Users
- Consultants and Investment bankers
- Government as well as Independent Regulatory Authorities
Scope of Report
The report for Global Airport Baggage Screening Systems Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Early Diners Are Offered Free Customization- Up to 20%
Get Attractive Discount @ https://www.marketresearchfuture.com/check-discount/4132
Table of Contents
1 Executive Summary
2 Introduction
2.1 Definition
2.2 Scope of the Study
2.3 Assumptions
2.4 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
4.1 Market Dynamics
4.2 Drivers
4.2.1 Rapid Increase in the Use of Baggage Screening
4.2.2 Increasing Investment in Development of Airport Infrastructure
4.2.3 Increasing Terror Threats
4.3 Restraints
4.3.1 High Maintenance and Initial Costs
4.3.2 Long Passenger Queues
4.4 Opportunities
4.4.1 Usage of Artificial Intelligence in Airport Security
5 Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Threat of New Entrants
5.1.2 Bargaining Power of Suppliers
5.1.3 Bargaining Power of Buyers
5.1.4 Threat of Substitutes
5.1.5 Rivalry
6 Patent Trends
Continued……..
List of Tables
Table 1 Market Synopsis
Table 2 Published Patents on Airport Baggage Screening Systems (September 13th, 2012 – September 13th, 2017)
Table 3 Global Airport Baggage Screening Systems Market, by Baggage Type, 2015-2023 (Usd Million)
Table 4 Global Airport Baggage Screening Systems Market, by Product Type, 2015-2023 (Usd Million)
Table 5 Global Airport Baggage Screening Systems Market, by Region, 2015-2023 (Usd Million)
Table 6 North America: Airport Baggage Screening Systems Market, by Country, 2015-2023 (Usd Million)
Table 7 North America: Airport Baggage Screening Systems Market, by Baggage Type, 2015-2023 (Usd Million)
Table 8 North America: Airport Baggage Screening Systems Market, by Product Type, 2015-2023 (Usd Million)
Continued…..
Ask for your specific company profile and country level customization on reports.
Get More Information on Airport Baggage Screening Systems Market Research Report – Global Forecast to 2023 @ https://www.marketresearchfuture.com/reports/airport-baggage-screening-systems-market-4132
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/airport-baggage-screening-systems-market-4132