Cargo Container X-ray Inspection Systems Market Forecasts to 2028 – Global Analysis By Type (Mobile Type, Stationary Type and Other Types), By Component (Software, Hardware and Other Components), By Dimension, By Application and By Geography
Description
Cargo Container X-ray Inspection Systems Market Forecasts to 2028 – Global Analysis By Type (Mobile Type, Stationary Type and Other Types), By Component (Software, Hardware and Other Components), By Dimension, By Application and By Geography
According to Stratistics MRC, the Global Cargo Container X-ray Inspection Systems Market is accounted for $1.69 billion in 2022 and is expected to reach $2.71 billion by 2028 growing at a CAGR of 8.22% during the forecast period. Systems for x-ray examination of cargo containers are frequently employed in seaports, airports, and on roads and border crossings. Using digital radiography X-rays, whole containers that are placed on their trailers are initially inspected. The trailer and container are relocated to another inspection location, where the container can be opened and its contents investigated if the examination shows any suspicious products.
According to International Monetary Fund (IMF), the GDP of U.S. decline by 8% in fiscal year 2020.
Market Dynamics
Driver
Smart farming and agriculture industry 4.0
The use of industrial automation is growing across the board as a result of several firms from every industry vertical moving their operations to digital platforms. The positive effects of industrial automation and digital technology adoption are additionally considered in the maritime freight and port industries. Security automation cuts down on the amount of time needed for scanning and inspecting cargo containers using cargo container X-ray inspection equipment. In the final stage, the process's operational cost is decreased.
Restraint
High operational and initial costs
The initial cost of purchasing and installing an inspection system is significant, and this factor severely limits the market's potential for growth. Due to financial constraints, carrier freight operators are hesitant to incorporate x-ray inspection devices for cargo containers at their stations. Additionally, the system's regular operation requires a significant number of experienced workers, and improvements needed at the ports raise operational overhead expenses, which significantly hinder market expansion.
Opportunity
Demand for cargo container X-ray inspection systems is growing owing to strict security protocols
Human trafficking cases have decreased during the past few decades in major international ports. Additionally, narcotics and illegal gun and ammunition smuggling cases had been reported at other ports across the world. With the use of cargo containers and cargo ships, these illegal activities are primarily carried out through maritime transportation. Morover, it has been discovered that numerous terrorist attacks have been carried out using illegally imported weapons, posing serious risks to both national security and ports.
Threat
Regulations for product approvals
The containers with X-ray inspection systems should have approval from the relevant regional agencies. High-end uses for these systems include the monitoring and surveillance of imported commodities. As a result, in order to market their products in specific regions, producers must acquire product approval from various agencies. Therefore, these elements are hampering the market growth.
Covid-19 Impact
Since COVID-19 broke out in China, both the world and American economies have been in disorder. The U.S. economy has suffered because of the COVID-19 pandemic. A significant drop in air travel demand brought on by the spread of COVID-19 has had a negative effect on the demand for goods and services associated with our airport security detection and automation business. For the majority of end consumers, the industry that plays the most important role in the global supply chain is cargo container shipping. The shipping sector helped to move food, medication, and other supplies across borders and via airports during the COVID-19 pandemic.
The stationary type segment is expected to be the largest during the forecast period
Because stationary-type products can scan large containers and using fixed types significantly reduces radiation leaks, consumers are more likely to favor stationary-type products. The stationary-type segment is expected to hold the largest market share by type in the global market. Due to ongoing consumer efforts to improve inspection zone infrastructure and create a safer and more secure inspection zone, stationary-type products are also projected to develop quickly in the market.
The seaports segment is expected to have the highest CAGR during the forecast period
Due to increased government spending to safeguard and reduce cross-border commerce in weapons and illegally smuggled drugs, the seaports sector is predicted to grow profitably during the projection period. Major producers are concentrating on installing products at numerous locations and expanding the market share for cargo container x-ray inspection systems for border crossing and airport applications. However, it broadens the range of X-ray installation systems available for use in highway and airport applications.
Region with largest share
North American markets are predicted to grow over the course of the projection period. The need for cargo container x-ray inspection systems for security is rising due to government rules improving the safety of property and rising awareness of safety at airports, on ships, and at border crossings. These factors are fueling the market's expansion. Additionally, the need for X-ray inspection systems is also anticipated to increase due to the rising demand for inspection and security services in airports and on ships. Therefore, the U.S. market is expanding as a result of rising trade volumes and a growing retail sector, both of which require greater security measures, including x-ray screening equipment.
Region with highest CAGR
Due to an increase in export commodities shipping from the ports of China and Japan, which is accelerating the expansion of the regional market at a rapid rate, the Asia-Pacific area is anticipated to have profitable growth during the forecast period. As a result, there are more imports and exports, which is helping to grow the regional market for x-ray inspection systems for cargo containers. Furthermore, government agencies have a number of regulations regarding the security of their infrastructure. India is also trying to boost its manufacturing clusters across end-use industries, such as electronics and automotive, which is expanding India's chances to become a significant exporter in the global market.
Key players in the market
Some of the key players in Cargo Container X-ray Inspection Systems market include CGN Begood Technology Co., Ltd, VMI Security, Leidos, AS&E, Inward Detection, Smiths Group plc, Astrophysics Inc, Rapiscan, OSI Systems, Inc, Linev Group (ADANI) and NUCTECH Company Ltd.
Key Developments
In September 2022, a significant player, Smiths Detection, signed an MoU, or memorandum of understanding, with Navratna Defense PSU Bharat Electronics Ltd., for manufacturing advanced x-ray inspection systems.
In May 2020, Leidos acquire security detection and automation businesses of L3Harris Technologies which will allow Leidos to enter in market with automation and detection screening products.
In May 2020, Smiths Detection launched iCMORE, a detection algorithm, which is to be implemented in HI-SCAN 10080 XCT scanner to detect dangerous lithium batteries and contrabands.
Types Covered
• Mobile Type
• Stationary Type
• Other Types
Components Covered
• Software
• Hardware
• Other Components
Dimensions Covered
• 3D Systems
• 2D Systems
Applications Covered
• Border Crossings/ Roadways
• Seaports
• Airports
• Other Applications
Regions Covered
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities,Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Table of Contents
175 Pages
- 1 Executive Summary
- 2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
- 3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 Emerging Markets
- 3.8 Impact of Covid-19
- 4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
- 5 Global Cargo Container X-ray Inspection Systems Market, By Type
- 5.1 Introduction
- 5.2 Mobile Type
- 5.3 Stationary Type
- 5.4 Other Types
- 6 Global Cargo Container X-ray Inspection Systems Market, By Component
- 6.1 Introduction
- 6.2 Software
- 6.3 Hardware
- 6.4 Other Components
- 7 Global Cargo Container X-ray Inspection Systems Market, By Dimension
- 7.1 Introduction
- 7.2 3D Systems
- 7.3 2D Systems
- 8 Global Cargo Container X-ray Inspection Systems Market, By Application
- 8.1 Introduction
- 8.2 Border Crossings/ Roadways
- 8.3 Seaports
- 8.4 Airports
- 8.5 Other Applications
- 9 Global Cargo Container X-ray Inspection Systems Market, By Geography
- 9.1 Introduction
- 9.2 North America
- 9.2.1 US
- 9.2.2 Canada
- 9.2.3 Mexico
- 9.3 Europe
- 9.3.1 Germany
- 9.3.2 UK
- 9.3.3 Italy
- 9.3.4 France
- 9.3.5 Spain
- 9.3.6 Rest of Europe
- 9.4 Asia Pacific
- 9.4.1 Japan
- 9.4.2 China
- 9.4.3 India
- 9.4.4 Australia
- 9.4.5 New Zealand
- 9.4.6 South Korea
- 9.4.7 Rest of Asia Pacific
- 9.5 South America
- 9.5.1 Argentina
- 9.5.2 Brazil
- 9.5.3 Chile
- 9.5.4 Rest of South America
- 9.6 Middle East & Africa
- 9.6.1 Saudi Arabia
- 9.6.2 UAE
- 9.6.3 Qatar
- 9.6.4 South Africa
- 9.6.5 Rest of Middle East & Africa
- 10 Key Developments
- 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 10.2 Acquisitions & Mergers
- 10.3 New Product Launch
- 10.4 Expansions
- 10.5 Other Key Strategies
- 11 Company Profiling
- 11.1 CGN Begood Technology Co., Ltd
- 11.2 VMI Security
- 11.3 Leidos
- 11.4 AS&E
- 11.5 Inward Detection
- 11.6 Smiths Group plc
- 11.7 Astrophysics Inc
- 11.8 Rapiscan
- 11.9 OSI Systems, Inc
- 11.10 Linev Group (ADANI)
- 11.11 NUCTECH Company Ltd
- List of Tables
- Table 1 Global Cargo Container X-ray Inspection Systems Market Outlook, By Region (2020-2028) ($MN)
- Table 2 Global Cargo Container X-ray Inspection Systems Market Outlook, By Type (2020-2028) ($MN)
- Table 3 Global Cargo Container X-ray Inspection Systems Market Outlook, By Mobile Type (2020-2028) ($MN)
- Table 4 Global Cargo Container X-ray Inspection Systems Market Outlook, By Stationary Type (2020-2028) ($MN)
- Table 5 Global Cargo Container X-ray Inspection Systems Market Outlook, By Other Types (2020-2028) ($MN)
- Table 6 Global Cargo Container X-ray Inspection Systems Market Outlook, By Component (2020-2028) ($MN)
- Table 7 Global Cargo Container X-ray Inspection Systems Market Outlook, By Software (2020-2028) ($MN)
- Table 8 Global Cargo Container X-ray Inspection Systems Market Outlook, By Hardware (2020-2028) ($MN)
- Table 9 Global Cargo Container X-ray Inspection Systems Market Outlook, By Other Components (2020-2028) ($MN)
- Table 10 Global Cargo Container X-ray Inspection Systems Market Outlook, By Dimension (2020-2028) ($MN)
- Table 11 Global Cargo Container X-ray Inspection Systems Market Outlook, By 3D Systems (2020-2028) ($MN)
- Table 12 Global Cargo Container X-ray Inspection Systems Market Outlook, By 2D Systems (2020-2028) ($MN)
- Table 13 Global Cargo Container X-ray Inspection Systems Market Outlook, By Application (2020-2028) ($MN)
- Table 14 Global Cargo Container X-ray Inspection Systems Market Outlook, By Border Crossings/ Roadways (2020-2028) ($MN)
- Table 15 Global Cargo Container X-ray Inspection Systems Market Outlook, By Seaports (2020-2028) ($MN)
- Table 16 Global Cargo Container X-ray Inspection Systems Market Outlook, By Airports (2020-2028) ($MN)
- Table 17 Global Cargo Container X-ray Inspection Systems Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 18 North America Cargo Container X-ray Inspection Systems Market Outlook, By Country (2020-2028) ($MN)
- Table 19 North America Cargo Container X-ray Inspection Systems Market Outlook, By Type (2020-2028) ($MN)
- Table 20 North America Cargo Container X-ray Inspection Systems Market Outlook, By Mobile Type (2020-2028) ($MN)
- Table 21 North America Cargo Container X-ray Inspection Systems Market Outlook, By Stationary Type (2020-2028) ($MN)
- Table 22 North America Cargo Container X-ray Inspection Systems Market Outlook, By Other Types (2020-2028) ($MN)
- Table 23 North America Cargo Container X-ray Inspection Systems Market Outlook, By Component (2020-2028) ($MN)
- Table 24 North America Cargo Container X-ray Inspection Systems Market Outlook, By Software (2020-2028) ($MN)
- Table 25 North America Cargo Container X-ray Inspection Systems Market Outlook, By Hardware (2020-2028) ($MN)
- Table 26 North America Cargo Container X-ray Inspection Systems Market Outlook, By Other Components (2020-2028) ($MN)
- Table 27 North America Cargo Container X-ray Inspection Systems Market Outlook, By Dimension (2020-2028) ($MN)
- Table 28 North America Cargo Container X-ray Inspection Systems Market Outlook, By 3D Systems (2020-2028) ($MN)
- Table 29 North America Cargo Container X-ray Inspection Systems Market Outlook, By 2D Systems (2020-2028) ($MN)
- Table 30 North America Cargo Container X-ray Inspection Systems Market Outlook, By Application (2020-2028) ($MN)
- Table 31 North America Cargo Container X-ray Inspection Systems Market Outlook, By Border Crossings/ Roadways (2020-2028) ($MN)
- Table 32 North America Cargo Container X-ray Inspection Systems Market Outlook, By Seaports (2020-2028) ($MN)
- Table 33 North America Cargo Container X-ray Inspection Systems Market Outlook, By Airports (2020-2028) ($MN)
- Table 34 North America Cargo Container X-ray Inspection Systems Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 35 Europe Cargo Container X-ray Inspection Systems Market Outlook, By Country (2020-2028) ($MN)
- Table 36 Europe Cargo Container X-ray Inspection Systems Market Outlook, By Type (2020-2028) ($MN)
- Table 37 Europe Cargo Container X-ray Inspection Systems Market Outlook, By Mobile Type (2020-2028) ($MN)
- Table 38 Europe Cargo Container X-ray Inspection Systems Market Outlook, By Stationary Type (2020-2028) ($MN)
- Table 39 Europe Cargo Container X-ray Inspection Systems Market Outlook, By Other Types (2020-2028) ($MN)
- Table 40 Europe Cargo Container X-ray Inspection Systems Market Outlook, By Component (2020-2028) ($MN)
- Table 41 Europe Cargo Container X-ray Inspection Systems Market Outlook, By Software (2020-2028) ($MN)
- Table 42 Europe Cargo Container X-ray Inspection Systems Market Outlook, By Hardware (2020-2028) ($MN)
- Table 43 Europe Cargo Container X-ray Inspection Systems Market Outlook, By Other Components (2020-2028) ($MN)
- Table 44 Europe Cargo Container X-ray Inspection Systems Market Outlook, By Dimension (2020-2028) ($MN)
- Table 45 Europe Cargo Container X-ray Inspection Systems Market Outlook, By 3D Systems (2020-2028) ($MN)
- Table 46 Europe Cargo Container X-ray Inspection Systems Market Outlook, By 2D Systems (2020-2028) ($MN)
- Table 47 Europe Cargo Container X-ray Inspection Systems Market Outlook, By Application (2020-2028) ($MN)
- Table 48 Europe Cargo Container X-ray Inspection Systems Market Outlook, By Border Crossings/ Roadways (2020-2028) ($MN)
- Table 49 Europe Cargo Container X-ray Inspection Systems Market Outlook, By Seaports (2020-2028) ($MN)
- Table 50 Europe Cargo Container X-ray Inspection Systems Market Outlook, By Airports (2020-2028) ($MN)
- Table 51 Europe Cargo Container X-ray Inspection Systems Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 52 Asia Pacific Cargo Container X-ray Inspection Systems Market Outlook, By Country (2020-2028) ($MN)
- Table 53 Asia Pacific Cargo Container X-ray Inspection Systems Market Outlook, By Type (2020-2028) ($MN)
- Table 54 Asia Pacific Cargo Container X-ray Inspection Systems Market Outlook, By Mobile Type (2020-2028) ($MN)
- Table 55 Asia Pacific Cargo Container X-ray Inspection Systems Market Outlook, By Stationary Type (2020-2028) ($MN)
- Table 56 Asia Pacific Cargo Container X-ray Inspection Systems Market Outlook, By Other Types (2020-2028) ($MN)
- Table 57 Asia Pacific Cargo Container X-ray Inspection Systems Market Outlook, By Component (2020-2028) ($MN)
- Table 58 Asia Pacific Cargo Container X-ray Inspection Systems Market Outlook, By Software (2020-2028) ($MN)
- Table 59 Asia Pacific Cargo Container X-ray Inspection Systems Market Outlook, By Hardware (2020-2028) ($MN)
- Table 60 Asia Pacific Cargo Container X-ray Inspection Systems Market Outlook, By Other Components (2020-2028) ($MN)
- Table 61 Asia Pacific Cargo Container X-ray Inspection Systems Market Outlook, By Dimension (2020-2028) ($MN)
- Table 62 Asia Pacific Cargo Container X-ray Inspection Systems Market Outlook, By 3D Systems (2020-2028) ($MN)
- Table 63 Asia Pacific Cargo Container X-ray Inspection Systems Market Outlook, By 2D Systems (2020-2028) ($MN)
- Table 64 Asia Pacific Cargo Container X-ray Inspection Systems Market Outlook, By Application (2020-2028) ($MN)
- Table 65 Asia Pacific Cargo Container X-ray Inspection Systems Market Outlook, By Border Crossings/ Roadways (2020-2028) ($MN)
- Table 66 Asia Pacific Cargo Container X-ray Inspection Systems Market Outlook, By Seaports (2020-2028) ($MN)
- Table 67 Asia Pacific Cargo Container X-ray Inspection Systems Market Outlook, By Airports (2020-2028) ($MN)
- Table 68 Asia Pacific Cargo Container X-ray Inspection Systems Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 69 South America Cargo Container X-ray Inspection Systems Market Outlook, By Country (2020-2028) ($MN)
- Table 70 South America Cargo Container X-ray Inspection Systems Market Outlook, By Type (2020-2028) ($MN)
- Table 71 South America Cargo Container X-ray Inspection Systems Market Outlook, By Mobile Type (2020-2028) ($MN)
- Table 72 South America Cargo Container X-ray Inspection Systems Market Outlook, By Stationary Type (2020-2028) ($MN)
- Table 73 South America Cargo Container X-ray Inspection Systems Market Outlook, By Other Types (2020-2028) ($MN)
- Table 74 South America Cargo Container X-ray Inspection Systems Market Outlook, By Component (2020-2028) ($MN)
- Table 75 South America Cargo Container X-ray Inspection Systems Market Outlook, By Software (2020-2028) ($MN)
- Table 76 South America Cargo Container X-ray Inspection Systems Market Outlook, By Hardware (2020-2028) ($MN)
- Table 77 South America Cargo Container X-ray Inspection Systems Market Outlook, By Other Components (2020-2028) ($MN)
- Table 78 South America Cargo Container X-ray Inspection Systems Market Outlook, By Dimension (2020-2028) ($MN)
- Table 79 South America Cargo Container X-ray Inspection Systems Market Outlook, By 3D Systems (2020-2028) ($MN)
- Table 80 South America Cargo Container X-ray Inspection Systems Market Outlook, By 2D Systems (2020-2028) ($MN)
- Table 81 South America Cargo Container X-ray Inspection Systems Market Outlook, By Application (2020-2028) ($MN)
- Table 82 South America Cargo Container X-ray Inspection Systems Market Outlook, By Border Crossings/ Roadways (2020-2028) ($MN)
- Table 83 South America Cargo Container X-ray Inspection Systems Market Outlook, By Seaports (2020-2028) ($MN)
- Table 84 South America Cargo Container X-ray Inspection Systems Market Outlook, By Airports (2020-2028) ($MN)
- Table 85 South America Cargo Container X-ray Inspection Systems Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 86 Middle East & Africa Cargo Container X-ray Inspection Systems Market Outlook, By Country (2020-2028) ($MN)
- Table 87 Middle East & Africa Cargo Container X-ray Inspection Systems Market Outlook, By Type (2020-2028) ($MN)
- Table 88 Middle East & Africa Cargo Container X-ray Inspection Systems Market Outlook, By Mobile Type (2020-2028) ($MN)
- Table 89 Middle East & Africa Cargo Container X-ray Inspection Systems Market Outlook, By Stationary Type (2020-2028) ($MN)
- Table 90 Middle East & Africa Cargo Container X-ray Inspection Systems Market Outlook, By Other Types (2020-2028) ($MN)
- Table 91 Middle East & Africa Cargo Container X-ray Inspection Systems Market Outlook, By Component (2020-2028) ($MN)
- Table 92 Middle East & Africa Cargo Container X-ray Inspection Systems Market Outlook, By Software (2020-2028) ($MN)
- Table 93 Middle East & Africa Cargo Container X-ray Inspection Systems Market Outlook, By Hardware (2020-2028) ($MN)
- Table 94 Middle East & Africa Cargo Container X-ray Inspection Systems Market Outlook, By Other Components (2020-2028) ($MN)
- Table 95 Middle East & Africa Cargo Container X-ray Inspection Systems Market Outlook, By Dimension (2020-2028) ($MN)
- Table 96 Middle East & Africa Cargo Container X-ray Inspection Systems Market Outlook, By 3D Systems (2020-2028) ($MN)
- Table 97 Middle East & Africa Cargo Container X-ray Inspection Systems Market Outlook, By 2D Systems (2020-2028) ($MN)
- Table 98 Middle East & Africa Cargo Container X-ray Inspection Systems Market Outlook, By Application (2020-2028) ($MN)
- Table 99 Middle East & Africa Cargo Container X-ray Inspection Systems Market Outlook, By Border Crossings/ Roadways (2020-2028) ($MN)
- Table 100 Middle East & Africa Cargo Container X-ray Inspection Systems Market Outlook, By Seaports (2020-2028) ($MN)
- Table 101 Middle East & Africa Cargo Container X-ray Inspection Systems Market Outlook, By Airports (2020-2028) ($MN)
- Table 102 Middle East & Africa Cargo Container X-ray Inspection Systems Market Outlook, By Other Applications (2020-2028) ($MN)
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