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Cargo Scanning Equipment Market Share, Analysis, Growth, Research and Forecast

Cargo Scanning Equipment Market size is poised to grow at over 6.5% CAGR from 2023 to 2032 owing to the ongoing expansion of ports and airports. With the global trade continuing to grow, ports and airports are experiencing increased cargo volumes and passenger traffic. Moreover, governments across the world are making massive investments in modernizing ports and airports.

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Cargo Scanning Equipment Market Share, Analysis, Growth, Research and Forecast

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  1. Cargo Scanning Equipment Market Share, Analysis, Growth, Research and Forecast 2032 Fuel Cell Market size worth $25.5bn by 2024

  2. KeyInsights from System on Cargo Scanning Equipment Market : • Cargo Scanning Equipment Market size is poised to grow at over 6.5% CAGR from 2023 to 2032 owing to the ongoing expansion of ports and airports. With the global trade continuing to grow, ports and airports are experiencing increased cargo volumes and passenger traffic. Moreover, governments across the world are making massive investments in modernizing ports and airports. For instance, in May 2022, San Antonio International Airport announced the commencement of the Terminal Development Program (TDP), comprising the construction of new terminal. The growing importance of X-ray scanners, gamma-ray scanners, and explosive trace detectors in cargo inspection, customs clearance, and security screening will also propel the market growth. • The overall cargo scanning equipment market is segmented based on equipment type, cargo size, end-use, and region.

  3. Continued... • With respect to equipment type, the industry value from the explosives trace detectors (ETDs) segment is anticipated to witness over 8% CAGR from 2023 to 2032 driven by extensive usage in the aviation industry to screen cargo transported on passenger and cargo aircraft. ETDs analyze air samples or swabs from cargo and are capable of detecting minute explosive particles to identify potential threats and improve security measures. Furthermore, the increasing focus on combating terrorism and preventing the transportation of explosives will drive the product adoption. • In terms of end-use, the cargo scanning equipment market from the airports segment is poised to grow at over 7% CAGR from 2023-2032. The ongoing compliance with aviation security regulations is driving the adoption of airport cargo scanning equipment. Regulatory bodies, such as the International Civil Aviation Organization (ICAO) are also setting guidelines and standards for airports. Cargo scanning equipment ensures compliance with these regulations, enabling airports to maintain their operational licenses and certifications, further supporting the segment growth.

  4. Browse key industry insights spread across 121 pages with 461 market data tables & figures from the report, “Cargo Scanning Equipment Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/cargo-scanning-equipment-market Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/6200

  5. Continued... • For instance, in December 2022, India's Bureau of Civil Aviation Security mandated the installation of new scanners deployed on computer tomography at airports in the country for eliminating the requirement for passengers to take out electronic devices from their hand baggage. • Asia Pacific cargo scanning equipment market is expected to record over 8% growth rate between 2023 and 2032. The rapid economic development has led to the increased international trade and cargo shipments in the region, further necessitating efficient security screening solutions. Moreover, the expansion of logistics networks, the growth of e-commerce, and rising security concerns are boosting the demand for advanced cargo scanning equipment in airports, seaports, and border crossings.

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