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Air Cargo Screening Systems Market to Grow at a 5.43% CAGR Forecast to 2022

Air Cargo Screening Systems Market 2016 Share, Trend, Segmentation and Forecast to 2022

PUNE, INDIA, September 19, 2016 /EINPresswire.com/ -- The Global Air Cargo Screening Systems Market is expected to grow at a CAGR of 5.43% to reach $ X.XX billion by the year 2020. Security checks for cargo shipments were traditionally carried out physically of which the canine method was a vital method. But the air traffic has increased manifold in recent times, and along with the rise in air traffic, security threats have also risen. The 9/11 incident shook up the aviation industry, and since then improved security measures are being deployed to ensure safety along with efficiency. It has become mandatory to screen 100% of the cargo in the United States, a trend which has been adopted by several major economies. Many systems in operation in the market are incapable of bulk screening, which is increasing the demand for the latest technology products.This has given a major boost to the Global Air Cargo Screening Systems Market. Important technologies in use currently include screening systems which are based on explosive trace detection (ETD), X-ray and explosive detection system (EDS) technologies.

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ICAO has come out with new standards and recommended practices to ensure the member nations secure the air cargo supply chain. This has given a boost to the Air Cargo Screening Systems Market and increased the demand for having advanced screening systems.
Asia Pacific region is the largest market for screening systems, and will increase its market share in the forecast period. The growth is backed by rising cargo traffic and improving infrastructure, especially in the emerging economies of India, China, and Indonesia in the region. Africa is currently a small region for the market, but will post high growth rates post 2020, as the region will emerge as an important aviation hub in the future.
AeroVironment, Israel Aerospace Industries, and Parrot are some of the important players in the Global Air Cargo Screening Systems Market.

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TABLE OF CONTENT

1. INTRODUCTION
1.1 Research Methodology
1.2 Key Findings of the Study
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW AND TRENDS
3.1 Introduction
3.2 Market Trends
3.3 Porters Five Force Framework
3.3.1 Bargaining Power of Suppliers
3.3.2 Bargaining Power of Consumers
3.3.3 Threat of New Entrants
3.3.4 Threat of Substitute Products and Services
3.3.5 Competitve rivalry within the Industry
4. MARKET DYNAMICS
4.1 Drivers
4.2 Restraints
4.3 Opportunities
5. GLOBAL AIR CARGO SCREENING SYSTEMS MARKET, SEGMENTED BY GEOGRAPHY
5.1 North America
5.1.1 United States
5.1.2 Canada
5.1.3 Mexico
5.1.4 Others
5.2 South America
5.2.1 Brazil
5.2.2 Argentina
5.2.3 Others
5.3 Asia Pacific
5.3.1 China
5.3.2 Japan
5.3.3 India
5.3.4 Others
5.4 Europe
5.4.1 United Kingdom
5.4.2 Germany
5.4.3 France
5.4.4 Others
5.5 Africa and Middle East
5.5.1 UAE
5.5.2 South Africa
5.5.3 Saudi Arabia
5.5.4 Iran
5.5.5 Others
6. COMPETITIVE LANDSCAPE
6.1 Introduction
6.2 Market Share Analysis
6.3 Developments of Key Players
7. KEY VENDOR ANALYSIS (Overview, Products & Services, Strategies)
7.1 3DX-RAY Limited
7.2 Rapiscan Systems
7.3 L3 Security & Detection Systems
7.4 Smiths Detection
7.5 DiagNose
7.6 e2v
7.7 Astrophysics, Inc
7.8 ICTS
7.9 Morpho Detection
7.10 American Science and Engineering
8. FUTURE OUTLOOK OF THE MARKET
9. DISCLAIMER

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