The baggage scanner global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Baggage Scanner Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The baggage scanner market size has grown strongly in recent years. It will grow from $1.96 billion in 2023 to $2.07 billion in 2024 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to increasing global air travel, rising security concerns, regulatory mandates for airport security, a heightened threat of terrorism, and incidents of baggage theft and smuggling.
The baggage scanner market size is expected to see strong growth in the next few years. It will grow to $2.57 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to growing demand for automated screening systems, expansion of airport facilities, a rise in global air passenger traffic, enhanced security protocols, and a surge in cargo and freight transportation. Major trends in the forecast period include the development of 3D imaging technology, increased use of AI-driven screening, adoption of automated baggage handling systems, a rise in non-invasive inspection techniques, and the integration of advanced threat detection algorithms.
Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/baggage-scanner-global-market-report
Scope Of Baggage Scanner Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Baggage Scanner Market Overview
Market Drivers –
The growing number of terrorist attacks or terrorism is expected to propel the growth of the baggage scanner market going forward. Terrorism is defined as the use of violence, intimidation, or coercion for political, religious, or ideological purposes. Terrorism rates are on the rise owing to several factors, such as political instability, economic disparities, ideological extremism, foreign interventions, media influence, ethnic tensions, technological advancements, and weapons proliferation. Baggage scanners are used to fight against terrorism by providing advanced technology for threat detection, enhancing security measures at various checkpoints, and contributing to overall public safety efforts worldwide. For instance, in March 2023, according to the Global Terrorism Index 2023, published by the Institute for Economics & Peace, an Australia-based research and education think tank, terrorist attacks became more lethal, averaging 1.7 fatalities per incident, up from 1.3 deaths per attack in 2021. Therefore, the growing number of terrorist attacks or terrorism is driving the baggage scanner market.
Market Trends –
Major companies operating in the baggage scanner market are developing AI-based intelligent security inspection systems to enhance security and efficiency at airports and other secure facilities. AI-based intelligent security inspection systems utilize artificial intelligence to instantly identify threats, process images, and improve security measures. For instance, in February 2023, Hikvision, an India-based security and inspection systems company, launched a next-generation X-ray baggage scanner. It is an AI-based intelligent security inspection system among India’s first to integrate AI for threat recognition, real-time video monitoring, and variable speed functions. The key features include intelligent threat object detection, real-time video surveillance, and adaptive speed capabilities.
The baggage scanner market covered in this report is segmented –
1) By Product Type: X-Ray Scanners, Vacuum System, Radio Frequency Identification (RFID)
2) By Solution: Check-In, Screening And Loading, Conveying And Sorting, Unloading And Reclaim
3) By Check-In Services: Assisted Service, Self Service
4) By End User: Railway Stations, Border Checkpoints, Airports, Educational Institutes, Public Sectors, Commercial Facilities, Other End User
Get an inside scoop of the baggage scanner market, Request now for Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=17089&type=smp
Regional Insights –
North America was the largest region in the baggage scanner market in 2023. The regions covered in the baggage scanner market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the baggage scanner market are Siemens AG, L3Harris Technologies, Daifuku Co. Ltd. , Smiths Detection, Vanderlande Industries B.V., Hamamatsu Photonics, OSI Systems, Rapiscan Systems, Analogic Corporation, Astrophysics Inc., Kromek Group plc, Nuctech Company Limited, KritiKal Securescan, Cobalt Systems Ltd, Elder Engineering, Teledyne ICM, Todd Research Ltd, NAFFCO Aviation, Braun & Co. Limited., Artemis Shielding, XrayCurtains.com, Protective Technologies International, Vidisco
Table of Contents
1. Executive Summary
2. Baggage Scanner Market Report Structure
3. Baggage Scanner Market Trends And Strategies
4. Baggage Scanner Market – Macro Economic Scenario
5. Global Baggage Scanner Market Size and Growth
.
.
.
32. Global Baggage Scanner Market Competitive Benchmarking
33. Global Baggage Scanner Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Baggage Scanner Market
35. Baggage Scanner Market Future Outlook and Potential Analysis
36. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
