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Cargo Scanning Equipment Market Share

Report ID: GMI6200
Published Date: Jul 2023
Report Format: PDF

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Cargo Scanning Equipment Market Share

Major companies operating in the cargo scanning equipment market are:

Leidos Holdings Inc
Smiths Detection Group Ltd (SMITHS GROUP PLC)
OSI Systems
Nuctech Company Limited
Autoclear LLC
Astrophysics, Inc.

The competitive landscape is characterized by continuous innovations as companies strive to improve their offerings with new features, integrations, and partnerships.

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Market size for cargo scanning equipment was USD 3,536.2 million in 2022 and will witness over 6.5% CAGR between 2023 and 2032 due to the rapid growth of international trade driven by globalization and economic development.

The X-ray scanner cargo size segment held over 30% of the cargo scanning equipment industry share in 2022 driven by the stringent security regulations enacted by governments and international organizations to combat terrorism, smuggling, and illicit trade.

North America held over 30% of the cargo scanning equipment industry share in 2022 driven by the alarming increase in drug trafficking throughout the U.S.

Leidos Holdings, Inc., Smiths Detection Group Ltd. (SMITHS GROUP PLC), OSI Systems, Nuctech Company Limited, Autoclear LLC and Astrophysics, Inc. are some of the key cargo scanning equipment companies.