X-ray Systems Segment to Dominate APAC Air Cargo Security and Screening Systems Market During 2021–2028
According to The Insight Partners market research study on “APAC Air Cargo Security and Screening Systems Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Cargo Size, Technology, and Application” is expected to reach US$ 453.11 million by 2028 from US$ 290.83 million in 2021. The market is estimated to grow at a CAGR of 6.5% from 2021 to 2028. The report provides trends prevailing in the APAC air cargo security and screening systems market along with the drivers and restraints pertaining to the market growth. Growing need to transport temperature sensitive products and surging deployment of security screening systems at airports are the major factor driving the growth of the APAC air cargo security and screening systems market. However, insufficient technical expertise and attack on airport IT infrastructure hinders the growth of APAC air cargo security and screening systems market.
In case of COVID-19, APAC is highly affected especially India. The developing countries do not have required health infrastructure and this was the main reason that led to the increase in the count of recorded cases in 2020. As per the Organization for Economic Co-operation and Development (OECD), the pandemic has affected significant economies such as India, Australia, and Japan to some extent. Due to inadequate health and medicine facilities, government authorities had to impose restrictions of limited workforce at production sites. The cargo delivered to various parts of the country includes COVID-19 related medical equipment, reagents, enzymes, masks, testing kits & PPE, gloves & other accessories. Further, the ministry of civil aviation in India has undertaken continuous efforts at the policy level and ground level to add substantially to the country’s fight against COVID-19. For instance, Air India and IAF (Indian Air Force) collaborated for supplying medical equipment across Ladakh, Imphal, Dimapur, Gangtok, Bagdogra, Guwahati, Chennai, and Port Blair. A dedicated medical air cargo-related website Lifeline Udan has been launched and is functional. As per the Association of APAC Airlines (AAPA), the air cargo sector is actively transporting much-needed medical equipment and supplies in Asian countries. Therefore, with the growing demand for air cargo for supplying medical equipment, the requirement for security and screening systems has also increased. Thus, the air cargo business in APAC has reflected positive market growth.
The APAC air cargo security and screening systems market is segmented based on cargo size, technology, application, and country. Based on cargo size, the market is segmented into small parcel, break and pallet cargo, and oversized cargo. The break and pallet cargo segment dominated the market in 2020 and same segment is expected to be fastest growing during forecast period. Based on technology, the market is segmented into X-ray systems, ETD, EDS, and others. The X-ray systems segment dominated the market in 2020 and EDS segment is expected to be fastest growing during forecast period. Based on application, the market is segmented into narcotics detection, explosive detection, metal and contraband detection, and others. The explosive segment dominated the market in 2020 and explosive segment is expected to be fastest growing during forecast period. Based on country, the market is segmented into China, Japan, South Korea, India, Indonesia, Singapore, Malaysia, Vietnam, Thailand, and rest of APAC.
Astrophysics Inc.; Dhonaadhi Hitec Innovations; Krystalvision Image Systems Pvt. Ltd.; Nuctech Company Limited; Rapiscan Systems, Inc.; Safeway Inspection System Limited; Safran; Smiths Detection Group Ltd. (Smiths Group plc); and VOTI Detection Inc. are among the leading companies in the APAC air cargo security and screening systems market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2019, Smiths Detection has started a new training and experience center in India for serving airport clients in the country. Company announced that the hub will be utilized for providing training on its computed tomography X-ray (CTX) and explosives trace detection (ETD) systems.
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