US$ 1,622.8 Mn in Revenues by 2024-end Projected to be Accounted by Air Cargo Se

Posted by ashutosh sable on December 13th, 2017

“Air Cargo Security & Screening Systems Market: Global Industry Analysis and Forecast, 2016–2024” is a recent market report outlook published by Persistence Market Research that examines the global air cargo security and screening systems market for an eight-year period, 2016-2024. Persistence Market Research provides key insights into market dynamics, segmentation, regional outlook, and key players, delivering key market value estimations.

L-3 Communications Security and Detection Systems, Inc. is one of the key players participating in the global air cargo security and screening systems market. The company is also one of the key defense contractors for the U.S. Government, and is currently focusing on strategic acquisitions and partnerships in order to enhance the global market presence.

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Another notable company in the competitive landscape is Rapiscan Systems, Inc. This player strives to sustain a strong global presence through cost-effective product offerings and consistent innovation. Smiths Detection Inc. is emphasizing partnerships with private airlines.

While Safran Identity & Security specializes in extensive air cargo screening products portfolio, Gilardoni S.P.A. is recognized for a broad range of customized security and screening solutions.

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Some of other key companies in the global air cargo security and screening systems marketplace, include Costruzioni Elettroniche, Industriali Automatismi S.p.A., Implant Sciences Corporation, American Science and Engineering, Inc., and Nuctech Company Limited.

According to regional analysis, Persistence Market Research concludes that North America, Europe, and Asia Pacific will remain the key markets for air cargo security and screening systems globally. North America is likely to witness the fastest growth at a CAGR of 7.1%, followed by APAC that will possibly witness expansion at a CAGR of 6.2% over 2016-2024.

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ashutosh sable

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ashutosh sable
Joined: August 9th, 2017
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