Air Cargo Screening Systems Market: Global Size, Opportunities, Historical Analysis, Development Status, Business Growth and Forecast: 2022-2031

Japan, Japan, Fri, 08 Apr 2022 06:24:19 / Comserve Inc. / -- The Air Cargo Screening Systems Market is anticipated to register a CAGR of over 4% during the forecast period (2022-2031).

The Air Cargo Screening Systems Market is anticipated to register a CAGR of over 4% during the forecast period (2022-2031).

- Boom in e-commerce due to online shopping has increased the air cargo volume over the past few years. This is expected to generate demand for advanced screening systems at airports to handle cargo of various sizes and type.
- Also, with the growth in air cargo, several airports in the world are constructing dedicated air cargo terminal which is expected to further propel the demand for air cargo screening systems in the coming years.
- The air cargo industry is a considerable target for terror attacks and in the past few attempts have been made to ship explosive materials which has raised concerns and has resulted in further tightening of the regulations in terms of screening.
- Stringent regulations related to the screening of air cargo by TSA and other regulatory bodies in EU has forced several airports to enhance their existing cargo screening systems.

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Key Market Trends

Explosive Trace Detection (ETD) to dominate the Market in 2019

Explosives trace detectors (ETD) are explosive detection equipment able to detect explosives of small magnitudes. Devices similar to ETDs are also used to detect narcotics. The modern screening methods of today are proficient and powerful in screening high volumes of cargo. Explosive Trace Detection systems dominated the market in 2019, due to their capability to detect minute objects and narcotics. ETD's are used in many airports as this technology is used to detain people handling narcotics and explosives and to identify traffickers of prohibited material. For instance, in July 2019, The Transportation Security Administration (TSA) installed a new piece of high-tech baggage screening equipment at Tyler Pounds Regional Airport, Texas. Investments in newer technologies of explosive and narcotics trace detection equipment is likely to help the government prevent or reduce terrorism in these regions. Innovation in technologies and a shift towards cost-effective and reliable explosive and narcotics trace detection devices are likely to create more opportunities in the market. Hence, investment in such technologies is anticipated to propel the growth of the segment in the coming years.

Asia-Pacific and North America is Expected to Experience the Highest Growth During the Forecast Period

Asia-Pacific and North America are anticipated to experience the highest growth during the forecast period. The growth in the region is due to the rising cargo traffic and improving infrastructure. The air cargo protection policies of the United States have been focused on two main perceived threats like detonation of concealed explosives in an air cargo shipment midflight and the possible hijacking of a large all-cargo aircraft to attack a ground target, such as a major population center, critical infrastructure, or a critical national security asset. The TSA (Transport Security Administration) established a voluntary Certified Cargo Screening Program (CCSP) that allows TSA-approved cargo screening carried out by industry personnel, to take place at off-airport manufacturing sites, warehouses, distribution centers, and freight transfer facilities. In 2018, air cargo worth USD 46,827 million was transported by the United States as exports and imports to Canada and Mexico. The imports accounted for 41.8% of the air cargo value in 2018. Additionally, some of the major airports in North America and Asia-Pacific are undergoing renovation or expansion, and utilization of newer technologies, for example, the cargo-screening technology based on X-ray radiography which is expected to drive the prospects of the air cargo screening systems market during the forecast period. In Asia-Pacific, major countries like China, India, Japan, and Singapore are planning to construct new airports and to expand the existing airports. New airports will have dedicated terminals for cargo which will further propel the demand for screening systems from this region during the forecast period.

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Competitive Landscape

Leidos, Inc., Rapiscan System Inc., L3 Security & Detection Systems, Smith's Detection Inc., and VOTI Detection Inc. are some of the prominent players in the air cargo screening systems market. With the growing competition in the industry, manufacturers of screening systems are adopting advanced technologies and are significantly increasing their investment on R&D. In January 2020, VOTI Detection Inc. announced that the Transportation Security Administration (TSA) has granted the approval for XR3D-7D and XR3D-100D scanners which has 3D Perspective technology that delivers enhanced threat detection. In November 2019, Rapiscan Systems was approved by the European Civil Aviation Conference (ECAC) 3.1 performance standard and selected to be on TSA's Air Cargo Screening Technology List (ACSTL) for its RTT 110 Explosive Detection Systems (EDS) in 2019.

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