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 Trends

Market Trends of Cargo And Vehicle Screening Industry

Adoption of Advanced Technologies For Screening to Support the Market's Growth

AI detection algorithms are poised to revolutionize threat detection and item identification, offering enhanced automation. With its ability to swiftly process vast datasets, AI aims to extract actionable insights efficiently. Notably, AI is emerging as a pivotal tool for automating cargo and vehicle screening.
Nuctech officials highlight AI's prowess in image and dangerous goods recognition. AI's benefits are manifold: It mitigates human errors from factors like fatigue or bribery and significantly boosts screening efficiency. This is mainly due to AI's rapid computing capabilities, which outpace human cognition, and its knack for flawlessly executing repetitive tasks without fatigue, thereby cutting labor costs.
While recent advancements in cargo screening have notably expedited the process, bolstered reliability, and enhanced the capacity to manage high shipment volumes, the pursuit of refining this technology remains relentless. Consequently, the primary objective for future cargo and vehicle security inspection advancements is to elevate safety standards and expedite security clearances.
Another major factor driving the uptake of advanced technologies in the cargo and vehicle screening market is the growing cargo traffic across countries, allowing authorities to screen cargo and vehicles quickly. For instance, according to DGCA (India), international air cargo traffic in India increased to 1,529 thousand metric tons in 2023, compared to 1,404 thousand metric tons in 2016.
Considering the growing demand and emerging use cases from the cargo and vehicle screening industry, industry stakeholders also focus on developing innovative solutions. Furthermore, cargo shipping and handling organizations are increasingly looking for advanced solutions to enhance their capabilities. For example, in 2023, the ECAC (European Civil Aviation Conference) approved the implementation of Explosive Vapor Detectors (EVDs) for air cargo screening.

Cargo And Vehicle Screening Market: International Air Cargo Traffic, in 1000 Metric Tons, India, 2016-2023

Understand The Key Trends Shaping This Market

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Asia-Pacific Is Expected To Grow At A Faster Pace

With the rising investments in infrastructure development, port and trade activities, and improving border security measures, the demand for cargo and vehicle screening solutions is expected to increase significantly in the Asia-Pacific region.
In 2023, Jaipur International Airport announced its plan to mark a new beginning by commencing operations at a new domestic cargo unit with a capacity of 2300 MT per month A domestic cargo. Indigo Airlines has already been onboarded, after which it will operate its entire domestic cargo business from the new cargo unit at Terminal 1.
The new cargo unit included two 100 X 100 Ray baggage inspection systems (XBIS Machine) and one explosive trace detection equipment to screen the goods received and dispatched. The facility would also manage items like fruits, vegetables, foodstuffs, chilled/frozen fish, spare parts, and textiles. Furthermore, the airport is also focusing on starting an international cargo unit by the end of this year. Such initiatives are also expected to promote further the demand for cargo and vehicle screening systems in the region.
Increasing demand for cargo and vehicle inspection systems from the transportation and logistics sector to ensure safe and secure transport of goods, coupled with the proliferation of terrorist activities and cross-border smuggling, is driving the demand for cargo and vehicle inspection systems worldwide. This is also expected to promote the demand for Cargo and Vehicle Screening systems in the region. For instance, according to CBIC, in the 2023-24 financial year (till November 2023), about 4,040 cases of gold smuggling were registered in India.
Furthermore, rising export activities of goods and services, increasing market for transportation and freight transfer industry in countries like China, growing export of agro-commodity, increasing significance of security among consumers, and growing demand for air and sea cargo are driving the market's growth in the Asia-Pacific region. For instance, according to the Chinese Ministry of Transport, China recorded a steady increase in waterway freight volume (January - May 2024). According to the ministry, waterways handled approximately 3.9 billion tonnes of cargo nationwide, exhibiting a 7% yearly increase.