How big is the Cargo And Vehicle Screening Market?

The Cargo And Vehicle Screening Market size is expected to reach USD 2.77 billion in 2024 and grow at a CAGR of 6.5% to reach USD 3.79 billion by 2029. Read More

What is the current Cargo And Vehicle Screening Market size?

In 2024, the Cargo And Vehicle Screening Market size is expected to reach USD 2.77 billion. Read More

Who are the key players in Cargo And Vehicle Screening Market?

Rapiscan Systems., LINEV Systems, Nuctech Netherlands B.V., Westminster Group Plc and Leidos, Inc. are the major companies operating in the Cargo And Vehicle Screening Market. Read More

Which is the fastest growing region in Cargo And Vehicle Screening Market?

North America is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Cargo And Vehicle Screening Market?

In 2024, the Asia Pacific accounts for the largest market share in Cargo And Vehicle Screening Market. Read More

What years does this Cargo And Vehicle Screening Market cover, and what was the market size in 2023?

In 2023, the Cargo And Vehicle Screening Market size was estimated at USD 2.59 billion. The report covers the Cargo And Vehicle Screening Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Cargo And Vehicle Screening Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Cargo And Vehicle Screening Market Share

Statistics for the 2023 & 2024 Cargo And Vehicle Screening market share, created by Mordor Intelligence™ Industry Reports. Cargo And Vehicle Screening share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Cargo And Vehicle Screening Industry

The cargo and vehicle screening market is relatively moderate, with significant players like Rapiscan Systems., LINEV Systems, Nuctech Netherlands BV, Westminster Group PLC, and Leidos Inc. Players in the market are adopting various strategies such as partnerships, mergers, collaborations, innovations, and acquisitions to enhance their product offerings and gain a sustainable competitive advantage. Some of the recent developments in the market include.

July 2024 - OSI Systems, Inc. announced a significant win for its Security division, securing a lucrative order worth around USD 17 million from an overseas client. The order specifically focuses on cargo and vehicle inspection systems. Notable inclusions are the Eagle P60, a high-energy, drive-through cargo and vehicle inspection system, and the T60, a trailer-mounted vehicle inspection system. OSI Systems plans to deliver the systems, handle their installation, provide training, and offer multi-year service and maintenance support.
July 2024 - Smiths Detection, a leading provider of security screening technologies, teamed up with Flughafen Zürich AG (Zurich Airport) to pilot their cutting-edge HI-SCAN 6040 CTiX X-ray scanners for carry-on baggage and the iLane A20SC ATRS, an advanced automatic tray return system. This trial will take place at two security lanes within the airport.