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From 2021 to 2028, the rising incidence of terrorism, which provides opportunities for growth in the air cargo security and screening system market, will lead to increasing security problems
New York, USA, December 1, 2021/EINPresswire.com/-According to the latest research report published by Insight Partners titled "Air Cargo Security and Screening System Market Forecast in 2028-COVID-19 Impact and Global Analysis" , The market is expected to grow from US$764.3 million in 2021 to US$1.064.4 million in 2028; the compound annual growth rate from 2021 to 2028 is expected to be 4.8%.
Report coverage: Details Market size value: 2021 USD 764.3 million Market size value: 2028 USD 1.064.4 million Growth rate: Compound annual growth rate of 4.8% from 2021 to 2028 Forecast period: 2021-2028 Base year: 2021 Number of pages: 171 Number of tables: 94 Number of figures and figures: 79 Available historical data: is the part covered: Cargo size, technology and application area: North America; Europe; Asia Pacific; Latin America; MEA Country: United States, United Kingdom, Canada , Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina Report scope: revenue forecast, company ranking, competitive landscape, growth factors and trends
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Increase the deployment of security inspections and security inspection systems at airports to promote market growth
Governments of different countries are making progress in their respective aviation sectors and related industries. Investment in the construction of new airports and the expansion of existing airports has continued to increase, encouraging the use of enhanced solutions to achieve better operations. The increase in the number of airports has contributed to a surge in air cargo operations, which further highlights the need to deploy security and inspection systems at airports to detect narcotics, explosives, metals, and contraband. In August 2020, Singapore Changi Airport expanded its partnership with Smiths Detection to provide advanced explosive detection systems.
Similarly, Tan Son Nhat International Airport installed multiple metal detectors in April 2021 for cargo inspection and passenger screening. In addition, in September 2018, Vietnam’s Noi Bai International Airport installed an X-ray machine donated by the United States under its export control and related projects. The Border Security (EXBS) program, with a total cost of approximately US$200,000.
The impact of the COVID-19 pandemic on the air cargo security and screening system market
The COVID-19 outbreak has had a major impact on the world and is continuing to destroy many countries. The number of patients has grown exponentially, forcing government authorities to restrict the movement of people, goods, and commodities by imposing travel restrictions, massive lockdowns, and business closures. The blockade measures led to a reduction in the production of goods and commodities, and reduced the frequency of services provided. However, during the global crisis, air cargo demand was not affected, and operating conditions continued to provide favorable conditions for the air cargo business.
Download the latest COVID-19 analysis on the air cargo security and screening system market growth research report at https://www.theinsightpartners.com/covid-analysis-sample/TIPRE00016484
The airport has been given timetables for implementing these changes in the UK by 2018, in European countries in 2020, and in critical situations in 2022. This will result in the installation of new scanners at airports in the region, thereby driving the demand for air cargo security and security inspection systems. Border authorities and customs, ports, airports, and railway operators in the region collect large amounts of security-related data every day. These data need to be shared between European and Schengen government agencies so that they can be easily accessed between the police and other judicial agencies.
In addition, the emerging e-commerce industry is leading to an increase in online sales, which is expected to drive market growth. In addition, due to the growth of the Internet-driven B2C package/cargo flow, business expansion opportunities have also promoted the growth of e-commerce. In addition, a number of investment plans are promoting infrastructure investment in the region. It is expected that such measures will lead to an increase in the construction of airports, railways, other transportation facilities and commercial buildings, thereby affecting the growth of the air cargo safety and security inspection system market.
Air cargo security and screening system market: competitive landscape and key developments
Astrophysical company; Dhonaadhi Hitec innovation; Krystalvision imaging system Pvt. Co., Ltd.; Tongfang Vision Co., Ltd.; Rapiscan System; Safran Group, VOTI Inspection Company; Safeway Detection System Co., Ltd.; and Smiths Detection Group Ltd. (Smiths Group plc) are the main global air cargo security and screening systems market Participant. Leading companies focus on expanding and diversifying their market share, as well as acquiring new customer bases to tap existing business opportunities.
Order a copy of the 2021-2028 air cargo security and screening system market share, strategy and forecast research report at https://www.theinsightpartners.com/buy/TIPRE00016484/
In September 2021, Smiths Group plc launched an enhanced cargo security scanner. Smiths Detection announced a product upgrade within the Hi-Scan product range. The first update is the high-speed Hi-Scan 100100V-2is, introduced for fast, reliable and cost-effective air cargo inspection. The new model can improve the throughput and efficiency of mail screening, express delivery and e-commerce, and can also be used at public transportation checkpoints.
In October 2021, Safeway Inspection Systems Co., Ltd. shipped X-ray scanners to overseas markets, including Asia, Europe, the Middle East and Africa, and South America.
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