Europe Air Cargo Security and Screening Systems Market

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

Analysis By Cargo Size (Small Parcel, Break and Pallet Cargo, and Oversized Cargo), Technology (X-ray Systems, ETD, EDS, and Others), and Application (Narcotics Detection, Explosive Detection, Metal and Contraband Detection, and Others)

No. of Pages: 105    |    Report Code: TIPRE00026595    |    Category: Aerospace and Defense

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Europe Air Cargo Security and Screening Systems Market
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The Europe air cargo security and screening systems market is expected to grow from US$ 151.18 million in 2021 to US$ 202.34 million by 2028; it is estimated to grow at a CAGR of 4.3% from 2021 to 2028.

Increasing terrorist activities and rising threats to major economies have forced the governments and other governing bodies to undertake air traffic controls. Several authorities are expected to increase security scanning systems across all entry and exit points of airports in the region. The deployment of parcel scanners at airports helps reduce fraudulent activities, such as diamond, narcotics, smuggling, weapons, and other expensive materials. Security screening systems that include X-ray cargo scanners as one of the major components have successfully deteriorated the impact of terrorist activities. Also, with the rising level of violence and terrorism, X-ray scanners are increasingly installed at airports. Therefore, the growing terror activities and investments by the aviation department in infrastructure would create lucrative opportunities for the Europe air cargo security and screening systems market growth in the coming years.

 

Europe, especially France, has been highly affected by Covid-19. Due to the increasing number of recorded cases, some nations imposed stringent and extended lockdown and social isolation in 2020. With a negative economic growth rate in the first half of 2020, the European economy is projected to contract. Some countries, such as the UK, Italy, and Germany, are expected to witness more impact on their economy than other European countries. The imbalance in the demand and supply side of security screening solutions and the continuing lockdown in several European countries are likely to affect the Europe air cargo security and screening system market in the first half of 2020. However, the upliftment of lockdowns has led to the start of trade and travel; thereby, it is expected to influence the growth of the market with the adoption of new technologies to ensure the safety and security of its population.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe air cargo security and screening systems market. The Europe air cargo security and screening systems market is expected to grow at a good CAGR during the forecast period.

 

Europe Air Cargo Security and Screening Systems Market Revenue and Forecast to 2028 (US$ Million)

    

 

Europe Air Cargo Security and Screening Systems Market Segmentation      

Europe Air Cargo Security and Screening Systems Market – By Cargo Size

  • Small Parcel
  • Break and Pallet Cargo
  • Oversized Cargo

Europe Air Cargo Security and Screening Systems Market – By

Technology

  • X-ray systems
  • ETD
  • EDS
  • Others

Europe Air Cargo Security and Screening Systems Market – By

Application

  • Narcotics detection
  • Explosive detection
  • Metal and contraband detection
  • Others

Europe Air Cargo Security and Screening Systems Market, by Country

  • Germany
  • France
  • Italy
  • UK
  • Russia
  • Rest of Europe

Europe Air Cargo Security and Screening Systems Market - Companies Mentioned

  • Astrophysics Inc.  
  • Nuctech Company Limited 
  • Rapiscan Systems, Inc.
  • Safran
  • VOTI Detection Inc.
  • Smiths Detection Group Ltd. (Smiths Group plc)             
Identical Market Reports with other Region/Countries

The List of Companies - Europe Air Cargo Security and Screening Systems Market

          1. Astrophysics Inc.
  2. Nuctech Company Limited
  3. Rapiscan Systems, Inc.
  4. Safran
  5. Smiths Detection Group Ltd. (Smiths Group plc)
  6. VOTI Detection Inc.
Frequently Asked Questions
How big is the Europe Air Cargo Security and Screening Systems Market?

The Europe Air Cargo Security and Screening Systems Market is valued at US$ 151.18 Million in 2021, it is projected to reach US$ 202.34 Million by 2028.

What is the CAGR for Europe Air Cargo Security and Screening Systems Market by (2021 - 2028)?

As per our report Europe Air Cargo Security and Screening Systems Market, the market size is valued at US$ 151.18 Million in 2021, projecting it to reach US$ 202.34 Million by 2028. This translates to a CAGR of approximately 4.3% during the forecast period.

What segments are covered in this report?

The Europe Air Cargo Security and Screening Systems Market report typically cover these key segments-

  • Cargo Size (Small Parcel, Break and Pallet Cargo, Oversized Cargo)
  • Technology (X-ray Systems, ETD, EDS)
  • Application (Narcotics Detection, Explosive Detection, Metal and Contraband Detection)

What is the historic period, base year, and forecast period taken for Europe Air Cargo Security and Screening Systems Market?

The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Air Cargo Security and Screening Systems Market report:

  • Historic Period : 2019-2020
  • Base Year : 2021
  • Forecast Period : 2022-2028
    • Who are the major players in Europe Air Cargo Security and Screening Systems Market?

    The Europe Air Cargo Security and Screening Systems Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Astrophysics Inc.
  • Nuctech Company Limited
  • Rapiscan Systems, Inc.
  • Safran
  • Smiths Detection Group Ltd. (Smiths Group plc)
  • VOTI Detection Inc.
    • Who should buy this report?

    The Europe Air Cargo Security and Screening Systems Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Europe Air Cargo Security and Screening Systems Market value chain can benefit from the information contained in a comprehensive market report.

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