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Vehicle Scanner Market Size

Report ID: GMI5778
Published Date: May 2023
Report Format: PDF

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Vehicle Scanner Market Size

Vehicle Scanner Market size surpassed USD 1.5 Billion in 2022 and is anticipated to grow at a 5% CAGR from 2023 to 2032 attributed to the increasing need for advanced security systems. The key factor driving the industry growth is the growing demand for advanced security systems that can conduct continuous inspections without disrupting passengers.

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The rising infrastructure development and the increasing number of this scanner system installations to detect border trespassing, smuggling & human trafficking, and the rising access to cutting-edge security solutions that can conduct thorough inspections without upsetting passengers are some key factors propelling the vehicle scanner market dynamics. The rising government support and increased demand for full vehicle body scanning will open up new growth opportunities for vehicle scanners.

Vehicle Scanner Market Report Attributes
Report Attribute	Details
Base Year:	2022
Vehicle Scanner Market Size in 2022:	USD 1.5 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	5%
2032 Value Projection:	USD 2.5 Billion
Historical Data for:	2018 to 2022
No. of Pages:	260
Tables, Charts & Figures:	321
Segments covered:	Scanner Type , Structure Type, Application And Region
Growth Drivers:	Increasing need for advanced security systems. Growing demand for security and safety in public places Rising usage of vehicle scanners in transportation and logistics Stringent government regulations regarding safety and security
Pitfalls & Challenges:	High cost associated with vehicle scanner Lack of standardization

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Advanced car scanners are expensive, and they frequently need software, operating systems, and other technological upgrades, which will increase the overall equipment costs. The global business growth will be constrained by the high installation & maintenance costs of vehicle scanners by 2032. The demand for scanner systems for vehicles in developed countries is low, which might restrict global development.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of vehicle scanner surpassed USD 1.5 billion in 2022 and is anticipated to grow at 5% CAGR during 2023 to 2032, explains GMI report.

The fixed vehicle scanners industry size recorded 5% growth in 2022 and will expand further due to the wide-scale acceptance of fixed vehicle scanners in countries including Saudi Arabia, the U.S., and Germany.

The North America vehicle scanner industry captured highest share of over 35% in 2022 due to the continuous infrastructure development in the U.S. including airports, seaports, and strong security measures to combat criminal activities and terrorism.

Advanced Detection Technology, LLC., Cass Parking, Dahua Technology USA Inc., Godrej & Boyce, INFINITE TECHNOLOGIES, Leidos, PARKnSecure, Rapiscan Systems, SecureOne International BV, SecuScan, Tescon AG, UVeye Inc., Vehant Technologies, and VMI Security System.