Baggage Scanner Market size was valued at US$ 1.91 Billion in 2021 and the total Baggage Scanner revenue is expected to grow at 6.6% through 2022 to 2029, reaching nearly US$ 3.19 Billion.
Baggage Scanner Market Overview:Baggage scanner is an equipment used to display items in a bag on a computer screen. It requires a display and a conveyor belt which use x-ray technology to scan baggage. Different colors on screen are used by the baggage scanner to identify whether any dangerous object is in it or not. Its applications are used in security for end users such as railway stations, border checkpoints, airports, educational institutes and commercial facilities. The global baggage scanner market is experiencing a significant growth and is expected to keep growing in next few years. Increasing illegal and terrorist activities across the globe and growth in awareness regarding security at public places are driving the market growth. However, its high installation cost is considered a drawback in its market growth. The development and upgrading of railway stations and airports, proper implementation of government policies and regulations related to public safety at railway stations, airports, security check points, and state borders are expected provide promising opportunities for the baggage scanner market growth.To know about the Research Methodology :- Request Free Sample Report
Baggage Scanner Market Dynamics:One of the main drivers behind the increasing demand for security scanning systems is an increase in illegal immigration and terrorist attacks all over the world in recent years. The terrorist attacks of 9/11 in the US, London bombings in 2007, Mumbai attacks in 2008, Sri Lanka Easter bombing in 2021, and the mass shooting at a mosque in New Zealand in 2021 are some of the example. Countries such as Afghanistan, Iraq, Nigeria, Syria, Yemen, and the Democratic Republic of Congo are some of the worst-affected countries when it comes to deaths by terrorist attacks. There are various opportunities for technological advancements in baggage scanning systems. The advancements in X-ray scanning and metal detectors could facilitate the deployment of baggage scanning at several places. X-ray systems which provide a 3D view of luggage have been launched recently which replaced two dimensional scanning systems. Security scanning market for baggage and cargo scanning applications is projected to grow at the highest CAGR during the forecast period 2022 -2029.The delivery of mails and packages is witnessing an expansion due to the extensive growth of e-commerce. With a lot of packages moving around due to the rise in e-commerce sales, baggage scanning plays a critical role. The huge flow of post and package deliveries to homes and businesses creates a growing security vulnerability. This vulnerability demands the scanning of mails and packages and, hence, could create a huge demand for baggage scanning systems and solutions.
Baggage Scanner Market Segment Analysis:By Systems: Baggage scanning systems are further sub-segmented into two different types, RFID tag based baggage scanning and X-Ray based baggage scanning. The RFID scanning segment is projected to register a CAGR of xx% during the forecast period 2022-2029. This growth is projected to increase due to the rise in air travel around the globe after the COVID-19 pandemic. The X-ray Baggage Scanner Market was valued at US$ xx billion in 2021 and is expected to reach US$ xx billion by 2029 and increase at a CAGR of xx% over the forecast period (2022-2029). The baggage x-ray machines find all types of dangerous metal and narcotics substance. These X-ray scanners throw low radiation penetration to detect metals and non-metals if kept hidden. It also reduces the need for human intervention and eliminates the human error. By End Users: The end users market segment is further sub-segmented into Railway stations , Border checkpoints, Airports and Commercial Facilities. Among these sub-segments, the airports, railway stations, government and defence services sector have a high demand for baggage scanners and projected to have the highest revenue generation rates of xx%, xx%, xx% and xx% respectively during the forecast period of 2022-2029 as security in these regions is one of the major concerns for the safety of government officials and passengers; and to enhance their security will propel the growth of baggage scanners market with significant revenue over the forecast period of 2022-2029.
Baggage Scanner Market Regional Insights:North America and Europe are the key regional markets because of stringent laws related to public safety. Asia Pacific market is expected to increase baggage scanners adoption in the wake of growing terrorist attacks. The North American market is projected to hold the largest share of xx% in the year 2029 because of a large number of airports in the region. For instance, after the 9/11 attack in 2001, airport scanners were made mandatory for all international and domestic airports in the United States. The Asia Pacific market is projected to gain a significant CAGR of xx% during the forecast period of 2022-2029. On the account of the increasing globalization, numerous airports are built in nations such as China and Japan. With numerous multinational businesses setting up their hubs in the region, there is a surge in need for business travel among the company employees which is expected to result in an increase in passenger numbers in airports, which is raising the need for deploying security and baggage scanning systems. This factor is also anticipated to drive the growth of the market in the region. South American market is estimated to witness modest growth of xx% by the end of 2029, due to rising concerns of international smuggling of contrabands, such as drugs and illegal wildlife products. The objective of the report is to present a comprehensive analysis of the global Baggage Scanner Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Baggage Scanner Market dynamics, structure by analyzing the market segments and project the global Baggage Scanner Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Baggage Scanner Market make the report investor’s guide.
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Baggage Scanner Market Base Year 2021 Forecast Period 2022-2029 Historical Data CAGR Market Size in 2021 Market Size in 2029 2017 to 2021 6.6% US$ 1.91 Bn US$ 3.19 Bn Segments Covered by Systems • RFID Baggage Scanners • X-Ray Baggage Scanners by End Users • Airports • Railway Stations • Border Checkpoints • Commercial Facilities Regions Covered North America • United States • Canada • Mexico Europe • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest of Europe Asia Pacific • China • S Korea • Japan • India • Australia • Indonesia • Malaysia • Vietnam • Taiwan • Bangladesh • Pakistan • Rest of APAC Middle East and Africa • South Africa • GCC • Egypt • Nigeria • Rest of ME&A South America • Brazil • Argentina • Rest of South America
Baggage Scanner Market Key Players• KritiKal Securescan • Braun International • Protective Technologies • C.E.I.A. • Autoclear • Aventura Technologies • Braun International • Gilardoni • Pony • Vidisco • Hamamatsu • MB Telecom • RAPISCAN SYSTEMS LTD • SAFRAN MORPHO • SMITHS DETECTION • Suresca Frequently Asked Questions: 1. Which region has the largest share in Global Baggage Scanner Market? Ans: North America region held the highest share in 2021. 2. What is the growth rate of Global Baggage Scanner Market? Ans: The Global Baggage Scanner Market is growing at a CAGR of 6.6% during forecasting period 2022-2029. 3. What is scope of the Global Baggage Scanner Market report? Ans: Global Baggage Scanner Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Baggage Scanner Market? Ans: The important key players in the Global Baggage Scanner Market are – KritiKal Securescan, Braun International, Protective Technologies, C.E.I.A., Autoclear, Aventura Technologies, Braun International, Gilardoni, Pony, Vidisco, Hamamatsu, MB Telecom, RAPISCAN SYSTEMS LTD, SAFRAN MORPHO, SMITHS DETECTION, and Suresca 5. What is the study period of this Market? Ans: The Global Baggage Scanner Market is studied from 2021 to 2029.
1. Baggage Scanner Market: Research Methodology 2. Baggage Scanner Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Baggage Scanner Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Baggage Scanner Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Baggage Scanner Market Segmentation 4.1 Baggage Scanner Market, by Systems (2021-2029) • RFID Baggage Scanners • X-Ray Baggage Scanners 4.2 Baggage Scanner Market, by End Users (2021-2029) • Airports • Railway Stations • Border Checkpoints • Commercial Facilities 5. North America Baggage Scanner Market(2021-2029) 5.1 North American Baggage Scanner Market, by Systems (2021-2029) • RFID Baggage Scanners • X-Ray Baggage Scanners 5.2 North America Baggage Scanner Market, by End Users (2021-2029) • Airports • Railway Stations • Border Checkpoints • Commercial Facilities 5.3 North America Baggage Scanner Market, by Country (2021-2029) • United States • Canada • Mexico 6. Asia Pacific Baggage Scanner Market (2021-2029) 6.1. Asia Pacific Baggage Scanner Market, by Systems (2021-2029) 6.2. Asia Pacific Baggage Scanner Market, by End Users (2021-2029) 6.2. Asia Pacific Baggage Scanner Market, by Country (2021-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Baggage Scanner Market (2021-2029) 7.1. Middle East and Africa Baggage Scanner Market, by Systems (2021-2029) 7.2. Middle East and Africa Baggage Scanner Market, by End Users (2021-2029) 7.3. Middle East and Africa Baggage Scanner Market, by Country (2021-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Baggage Scanner Market (2021-2029) 8.1. Latin America Baggage Scanner Market, by Systems (2021-2029) 8.2. Latin America Baggage Scanner Market, by End Users (2021-2029) 8.3 Latin America Baggage Scanner Market, by Country (2021-2029) • Brazil • Argentina • Rest Of Latin America 9. European Baggage Scanner Market (2021-2029) 9.1. European Baggage Scanner Market, by Systems (2021-2029) 9.2. European Baggage Scanner Market, by End Users (2021-2029) 9.3 European Baggage Scanner Market, by Country (2021-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 10. Company Profile: Key players 10.1 KritiKal Securescan 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Braun International 10.3 Protective Technologies 10.4 C.E.I.A. 10.5 Autoclear 10.6 Aventura Technologies 10.7 Braun International 10.8 Gilardoni 10.9 Pony 10.10 Vidisco 10.11 Hamamatsu 10.12 MB Telecom 10.13 RAPISCAN SYSTEMS LTD 10.14 SAFRAN MORPHO 10.15 SMITHS DETECTION 10.16 Surescan