Air Cargo Security and Screening System Market is anticipated to grow at a CAGR of over 5% between 2023 and 2032

Air Cargo Security and Screening System Market Size
Air Cargo Security and Screening System Market size was more than USD 1 billion in 2022 and is expected to grow at a CAGR of more than 5% from 2023 to 2032.

Advanced technologies, including advanced imaging, AI software algorithms, and automated scan, enhance detection capabilities and simplify cargo scanning procedures, minimizing delays and expenses. Additionally, newer solutions address the rising cargo volumes, taking into consideration the requirement for swifter & efficient screening. As security threats do not leave, technology spending continues to drive market expansion by offering more extensive and versatile security solutions.

Report Attribute\Details
Base Year\t2022
Air Cargo Security and Screening System Market Size in 2022\USD 1 Billion
Forecast Period\t2023 to 2032
Forecast Period 2023 to 2032 CAGR\t5%
2032 Value Projection\tUSD 2 Billion
Historical Data for\t2018 to 2022
No. of Pages\t220
Tables, Charts & Figures\t267
Segments covered\tSystem type, technology, airport type & region
Growth Drivers\t
Rising investments in emerging economies
Growing concern regarding air cargo security
Rising demand for cloud-based air cargo security and screening systems
Implementation of Artificial Intelligence (AI) and Machine Learning (ML) technologies
Technological developments in air cargo security and screening systems
Pitfalls & Challenges
Constant evolution of the security threat environment
Limited deployment of small and medium cargo screening systems

The evolving security threat environment is the major constraint of the air cargo security and screening system sector. Continuous evolution and developments in screening systems are a must to counter security threats in the form of novel means of smuggling contraband or would-be terrorist attacks. In order to remain ahead of the increasing threats, heavy investments in research and development are essential. Additionally, ongoing system upgrades can be time-consuming and expensive. The dynamic nature of security issues places constant pressure on the industry to remain ahead of the possible threats, inhibiting market growth as security protocols need to keep changing to keep up with the evolving threat environment.

COVID-19 Impact
The COVID-19 pandemic affected the air cargo security and screening system market in various ways. First, lockdowns, travel bans, and low passenger flights impaired global supply chains, leading to decreased air freight volumes. The decrease in demand had effects on security and screening system investments. Economic uncertainties undermined security upgrade budgets. In addition, the pandemic diverted resources towards healthcare and disaster relief from security innovations. As crucial as cargo security is, however, the instant concerns of the pandemic hindered the growth in markets and derailed implementing better screening systems within the air cargo sector.

Air Cargo Security and Screening System Market Trends
Continued advances in the incorporation of artificial intelligence, machine learning, and automation will increase the accuracy and pace of cargo screening. This is a trend that provides increased security while optimizing the screening process. The rapid adoption of online shopping has accelerated air cargo transportation. Consequently, higher volumes of cargo are being adopted into screening systems with an emphasis on sustaining security levels without incurring delays.

The use of data analytics and information networks makes it easier to assess risk and track cargo in real-time, making the process of air cargo transportation more efficient and secure.

Air Cargo Security and Screening System Market Analysis
Discover more about the major segments influencing this market

Depending upon system type, the market has been divided into for small parcels, for break & pallet cargo, for oversized cargo. The segment of for oversized cargo held the largest market share of over 40% in 2022.

The air cargo market deals with diverse sizes and shapes of cargo such as oversized or irregularly shaped goods. Sophisticated screening systems are needed to provide rigorous security screening of all cargo while maintaining compliance.
There is also rising demand for the movement of oversized & precious commodities due to the growth of global commerce and logistics, which requires sophisticated screening systems to safeguard against security risks. Screening of oversized cargo enhances airport as well as cargo hub security and operational effectiveness, and therefore it is an essential element of contemporary air freight transits.

Air Cargo Security and Screening System Market Share

Players in the air cargo security and screening system industry focus on implementing different growth strategies to strengthen their offerings and expand their market reach. These strategies involve new product developments & launches, partnerships & collaborations, mergers & acquisitions, and customer retention. These players also heavily invest in research & development to introduce innovative & technologically advanced solutions in the air cargo security and screening system industry. Some major players operating in the air cargo security and screening system industry are mentioned below

• Gilardoni S.P.A.
• Implant Sciences Corporation
• L3 Security & Detection Systems
• Nuctech Company
• Rapiscan System Inc.
• Safran Identity and Security SAS
• Smiths Detection Inc.