According to Stratistics MRC, the Global Air Cargo Security Equipment Market is expected to grow at a CAGR of 8.3% during the forecast period.
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Growth and commercialization of technologically highly developed air cargo equipment and increasing investments by different state governments in improving existing security technology are some of the key factors fueling the market growth.
However, high price of screening systems, bulk screening while functioning air cargo security equipment and lack of awareness on air cargo security equipment are negatively impacting the growth of the market.
Air cargo security equipment systems are machines which are utilized for scanning parcels and identify secret illegal items in the boxes that are transported by flights.
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It assists in contributing high level of security for cargo, permits identification and scanning of packages containing liquid materials, chemicals and explosives. Moreover it also helps in identifying threats, knifes, illegal imports, dangerous weapons and drugs.
This system is used in different applications namely air cargo security screening, aviation checkpoint solutions, advanced personnel screening.
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By Product type, Human-heartbeat detection systems identify persons by sensing the human heartbeat by its vibrations which are secreted in containers and loaded on vehicles. It is highlighted for reduction of human trafficking among troubled borders.
By Geography, Asia Pacific is the largest growing market due to the introduction of latest screening technologies and human presence detector system for strong protection in airports.
Some of the key players in Air Cargo Security Equipment market include C.E.I.A. SpA, Gilardoni S.P.A., Nuctech Company Limited, Smiths Detection Inc, L3 Security & Detection Systems, Inc, American Science and Engineering, Inc., Adani Group, ENSCO, Inc., EAS Envimet Group, Rapiscan Systems and Air General.
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Product Types Covered:
Human-heartbeat Detection Systems
Other Product Types
Air Cargo Security Screening
Aviation Checkpoint Solutions
Advanced Personnel Screening
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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