Dublin, Sept. 19, 2023 (GLOBE NEWSWIRE) -- The "Airport Baggage Screening Systems Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.
The global airport baggage screening systems market, valued at $2.90 billion in 2022, is anticipated to grow to $3.10 billion in 2023, exhibiting a compound annual growth rate (CAGR) of 7.2%. Over the forecast period from 2023 to 2027, the market is expected to reach $3.95 billion at a CAGR of 6.2%. This growth is driven by technological advancements, increased demand for air travel, and innovations in security screening equipment.
This market involves security scanning equipment used in airports to examine both carry-on and checked baggage for prohibited items, enhancing the safety of air travel. The screening process often involves the use of radiation-emitting equipment, such as X-ray machines, to scan and detect potential threats in baggage.
Market Segmentation
The airport baggage screening systems market can be segmented based on various factors:
1. Types of Products:
- Advanced Imaging Systems
- Computed Tomography (CT) Systems
- Explosive Detection Systems
- X-ray Systems
2. Baggage Types:
- Holding Baggage
- Cabin Baggage
3. Applications:
- Civil Airports
- Commercial Airports
4. Region:
- Asia-Pacific
- Western Europe
- Eastern Europe
- North America
- South America
- Middle East and Africa
Key Market Trends and Opportunities
- Technological Advancements: A significant trend in the airport baggage screening systems market is the continuous development of advanced technologies. Companies are investing in innovative solutions, such as artificial intelligence (AI) and 3D imaging, to improve baggage screening accuracy and efficiency. For instance, Thales launched HELIXVIEW, a compact and lightweight cabin baggage explosive detection system that integrates AI and 3D imaging for enhanced security and passenger convenience.
- Integration of Emerging Technologies: Emerging technologies like AI and cybersecurity are being integrated into baggage screening systems to enhance their intelligence and effectiveness. These technologies aim to provide cost-effective solutions while improving security standards. Allied Universal's acquisition of G4S, a security company specializing in advanced baggage screening solutions, is an example of the industry's focus on enhancing security services.
Regional Insights
- North America: North America is expected to be the fastest-growing region in the airport baggage screening systems market. The region has a significant demand for air travel, and airports are continuously upgrading their security systems to meet evolving threats.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 175 |
| Forecast Period | 2023 - 2027 |
| Estimated Market Value (USD) in 2023 | $3.1 billion |
| Forecasted Market Value (USD) by 2027 | $3.95 billion |
| Compound Annual Growth Rate | 6.2% |
| Regions Covered | Global |
Key Topics Covered:
1. Executive Summary
2. Airport Baggage Screening Systems Market Characteristics
3. Airport Baggage Screening Systems Market Trends And Strategies
4. Airport Baggage Screening Systems Market - Macro Economic Scenario
4.1. COVID-19 Impact On Airport Baggage Screening Systems Market
4.2. Ukraine-Russia War Impact On Airport Baggage Screening Systems Market
4.3. Impact Of High Inflation On Airport Baggage Screening Systems Market
5. Airport Baggage Screening Systems Market Size And Growth
5.1. Global Airport Baggage Screening Systems Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Airport Baggage Screening Systems Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Airport Baggage Screening Systems Market Segmentation
6.1. Global Airport Baggage Screening Systems Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Advanced Imaging Systems
- Computed Tomography Systems
- Explosive Detection Systems
- X-Ray Systems
6.2. Global Airport Baggage Screening Systems Market, Segmentation By Baggage Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Hold Baggage
- Cabin Baggage
6.3. Global Airport Baggage Screening Systems Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Civil Airport
- Commercial Airport
7. Airport Baggage Screening Systems Market Regional And Country Analysis
7.1. Global Airport Baggage Screening Systems Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Airport Baggage Screening Systems Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
For more information about this report visit https://www.researchandmarkets.com/r/phuqfn
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