How big is the North America Cargo And Vehicle Screening Market?

The North America Cargo And Vehicle Screening Market size is expected to reach USD 0.75 billion in 2024 and grow at a CAGR of 6.90% to reach USD 1.04 billion by 2029. Read More

What is the current North America Cargo And Vehicle Screening Market size?

In 2024, the North America Cargo And Vehicle Screening Market size is expected to reach USD 0.75 billion. Read More

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

Rapiscan Systems., LINEV Systems, Nuctech Company Limited, Leidos, Inc. and Smiths Detection Group Ltd. are the major companies operating in the North America Cargo And Vehicle Screening Market. Read More

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

In 2023, the North America Cargo And Vehicle Screening Market size was estimated at USD 0.70 billion. The report covers the North America Cargo And Vehicle Screening Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Cargo And Vehicle Screening Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

North America Cargo And Vehicle Screening Market Trends

Market Trends of North America Cargo And Vehicle Screening Industry

Adoption of Advancing Technologies For Screening Promotes Growth

Technological advancements in cargo and vehicle inspection systems, including the incorporation of artificial intelligence and machine learning, bolster the efficiency and accuracy of inspection processes. Furthermore, advanced technologies, such as millimeter-wave, dual-energy X-ray, and AI-powered threat detection, are supplanting conventional X-ray detectors. They offer superior image analysis, expedited inspection times, and heightened object detection capabilities. The impetus behind this shift is the escalating need for heightened efficiency and security in cargo and border control in North America.
Heightened worries over illegal immigration and security risks posed by terrorist groups have also driven a surge in the deployment of advanced monitoring systems at crucial transportation hubs in the North American region. Equipped with cutting-edge technology, these systems offer real-time insights into container movements, enabling authorities to preemptively identify and track suspicious containers or vehicles, even before they approach sensitive zones or reach their final destinations.
Enhanced cargo screening not only deters smuggling and criminal activities at ports but also sets the stage for robust industry growth in the years ahead. Ongoing advancements in cargo screening have significantly expedited the process, bolstered reliability, and enabled the handling of sizable shipments. The industry's relentless pursuit of refining this technology underscores its commitment to elevating safety standards and expediting security clearances in the future.
Another major factor driving the demand for advanced cargo and vehicle inspection systems in the North American region is the increasing trade value of goods. For instance, according to the data provided by BEA and the US Departnment of Comemrce, in 2023, total value of international exports from the United States, amounted to about USD 3 trillion U.S. dollars; while, imports amounted to approximately USD 3.86 trillion.
Moreover, in recent years, the North American region has also witnessed a notable growth in the number of commercial vehicles crossing borders, carrying a variety of items to and from the country. For instance, the Canada Border Services Agency (CBSA) recorded about 107.7 million courier shipments entering the Canadian borders. till September 2023. Such trends are also anticipated to support the studied market's growth.

North America Cargo And Vehicle Screening Market: Total Value of International Trade, in USD Trillion, by Type, United States, 2018-2023

Understand The Key Trends Shaping This Market

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United States to Hold a Significant Market Share

In North America, the United States is poised to uphold its position as the leading market for cargo and vehicle screening solutions. This dominance is chiefly attributed to the nation's substantial international trade volume. Additionally, given the United States' unfortunate history as a prime target for illegal and terror activities, notably exemplified by the World Trade Center attack, the nation has implemented stringent security protocols across its key transportation hubs.
Furthermore, the country has also been among the leading adopters of advanced technologies, especially in the security and defense segment. As a result, the country has developed one of the most advanced security and surveillance infrastructures. Such trends create a favorable ecosystem for the studied market's growth in the country.
In recent years, the United States government has significantly enhanced its investment in developing the local infrastructure, especially since the escalation of its dispute with China. For instance, in March 2024, the U.S. General Services Administration unveiled plans to inject more than USD 1 billion into the modernization of numerous federal Land Ports of Entry (LPOEs). This initiative, part of the President's Investing in America agenda, not only aims to revamp these ports but also to bolster domestic clean manufacturing and sustainable technologies.
Furthermore, the increasing international trade value of the United States with neighbouring countries have also been influencing the cargo and vehicle traffic at the borders. For instance, according to a report by the Bureau of Transportation Statistics, in 2023, the U.S. saw a 0.6% uptick in the total number of trucks arriving from Canada compared to 2022. Specifically, the port of Detroit, Michigan, welcomed 1,562,531 trucks, accounting for a significant 28.3% share of the Northern border's traffic.