Market Overview:
The global AI baggage scanning system market is expected to grow at a CAGR of over 16% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing adoption of AI-based baggage scanning systems by airports, railway stations, marine ports, and other transportation hubs across the globe. Additionally, rising concerns about safety and security among passengers are also propelling the demand for AI-based baggage scanning systems. On the basis of type, the global AI baggage scanning system market is segmented into hardware, software, and services. The hardware segment is further sub-segmented into scanners and sensors. The software segment is further sub-segmented into image processing software and detection algorithms software. The services segment includes installation & commissioning services, training & support services, and consulting services.
Product Definition:
An AI Baggage Scanning System is a computer system that uses artificial intelligence to automatically detect and identify objects in baggage. The importance of an AI Baggage Scanning System is that it can speed up the process of detecting and identifying objects in baggage, which can help to improve security at airports.
Hardware:
Hardware is the part of artificial intelligence (AI) baggage scanning system that includes X-ray scanners, metal detectors, and other scanning devices. The growth factor for hardware segment is increasing demand for advanced security screening technologies at airports across the globe. In addition to this, growing concerns over airport security are also expected to drive market growth over the forecast period.
The global AI baggage scanning system market size was valued at USD 1.8 billion in 2017.
Software:
Software is the invisible part of AI baggage scanning system that allows the system to function. It helps in collecting data from different sources and transforming it into meaningful information. The software used for baggage scanning includes operating systems, middleware, tools and libraries among others.
The types of software used for baggage screening include machine learning (ML) based software as well as rule-based algorithms.
Application Insights:
The airports segment dominated the global market in 2017. The segment is expected to witness significant growth over the forecast period owing to rising passenger traffic and need for baggage screening at airport gates. Airport authorities are increasingly deploying AI-enabled systems as they can process a large number of travelers in less time and with higher accuracy. Furthermore, these systems help reduce human errors during check-in by identifying suspicious patterns such as irregular travel itineraries or excessive purchases of rail or air tickets.
AI-enabled baggage screening system at airports enables real-time analysis of data collected from surveillance cameras, radar units, and sensors along with historical data from previous flight movements to generate accurate predictions about possible threats before they pose a threat to aircraft or airport security. Such capabilities offered by the system enable airlines and airport authorities to reduce overall security costs while enhancing passenger safety through optimization of resources deployment at airports across various industries verticals such as defense & aerospace, government & public sector).
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to the presence of prominent players such as IBM Corporation; Google LLC; and Microsoft Corporation in this region. Moreover, increasing investments by governments for deploying advanced technologies at airports is expected to drive demand for AIBSS solutions over the forecast period. For instance, according to a recent study conducted by Brookings Institution, between 2013 and 2018 U.S.-based airport authorities have invested around USD X trillion on infrastructure projects including new terminals or concourses and other facilities that are expected to increase passenger traffic exponentially over the coming years (Brookings Institution 2019). Such investments are anticipated to boost adoption of Baggage Scanners based on Artificial Intelligence technology across North American airports during the forecast period.
Asia Pacific is projected to emerge as one of the fastest-growing regions with a CAGR exceeding 6% from 2018to 2030 owing high growth potential in developing countries such as China.
Growth Factors:
- Increasing demand for AI-based baggage scanning systems from the aviation industry to improve security and efficiency.
- Growing implementation of AI-based baggage scanning systems in airports across the world to meet rising passenger traffic.
- Rising demand for automated baggage handling systems from the hospitality sector to improve operational efficiency and reduce costs.
- Proliferation of smart airports, which are increasingly adopting AI-based baggage scanning systems for improved security and efficiency.
Scope Of The Report
Report Attributes
Report Details
Report Title
AI Baggage Scanning System Market Research Report
By Type
Hardware, Software, Services
By Application
Airports, Railway, Marine, Educational Institutes, Border Checkpoints, Other
By Companies
Astrophysics Inc., Daifuku Co. Ltd., OSI Systems, Siemens, Smiths Group Plc, Synapse Technology Corporation, Vehant Technologies, Westminster Group, SITA
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global AI Baggage Scanning System Market Report Segments:
The global AI Baggage Scanning System market is segmented on the basis of:
Types
Hardware, Software, Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Airports, Railway, Marine, Educational Institutes, Border Checkpoints, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Astrophysics Inc.
- Daifuku Co. Ltd.
- OSI Systems
- Siemens
- Smiths Group Plc
- Synapse Technology Corporation
- Vehant Technologies
- Westminster Group
- SITA
Highlights of The AI Baggage Scanning System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hardware
- Software
- Services
- By Application:
- Airports
- Railway
- Marine
- Educational Institutes
- Border Checkpoints
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the AI Baggage Scanning System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A baggage scanning system is a technology that uses sensors to detect and identify objects inside luggage. This can be used to screen for dangerous or prohibited items, such as weapons or explosives.
Some of the major companies in the ai baggage scanning system market are Astrophysics Inc., Daifuku Co. Ltd., OSI Systems, Siemens, Smiths Group Plc, Synapse Technology Corporation, Vehant Technologies, Westminster Group, SITA.
The ai baggage scanning system market is expected to register a CAGR of 16%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 AI Baggage Scanning System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 AI Baggage Scanning System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 AI Baggage Scanning System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the AI Baggage Scanning System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global AI Baggage Scanning System Market Size & Forecast, 2018-2028
4.5.1 AI Baggage Scanning System Market Size and Y-o-Y Growth
4.5.2 AI Baggage Scanning System Market Absolute $ Opportunity
Chapter 5 Global AI Baggage Scanning System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 AI Baggage Scanning System Market Size Forecast by Type
5.2.1 Hardware
5.2.2 Software
5.2.3 Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global AI Baggage Scanning System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 AI Baggage Scanning System Market Size Forecast by Applications
6.2.1 Airports
6.2.2 Railway
6.2.3 Marine
6.2.4 Educational Institutes
6.2.5 Border Checkpoints
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global AI Baggage Scanning System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 AI Baggage Scanning System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America AI Baggage Scanning System Analysis and Forecast
9.1 Introduction
9.2 North America AI Baggage Scanning System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America AI Baggage Scanning System Market Size Forecast by Type
9.6.1 Hardware
9.6.2 Software
9.6.3 Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America AI Baggage Scanning System Market Size Forecast by Applications
9.10.1 Airports
9.10.2 Railway
9.10.3 Marine
9.10.4 Educational Institutes
9.10.5 Border Checkpoints
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe AI Baggage Scanning System Analysis and Forecast
10.1 Introduction
10.2 Europe AI Baggage Scanning System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe AI Baggage Scanning System Market Size Forecast by Type
10.6.1 Hardware
10.6.2 Software
10.6.3 Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe AI Baggage Scanning System Market Size Forecast by Applications
10.10.1 Airports
10.10.2 Railway
10.10.3 Marine
10.10.4 Educational Institutes
10.10.5 Border Checkpoints
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific AI Baggage Scanning System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific AI Baggage Scanning System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific AI Baggage Scanning System Market Size Forecast by Type
11.6.1 Hardware
11.6.2 Software
11.6.3 Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific AI Baggage Scanning System Market Size Forecast by Applications
11.10.1 Airports
11.10.2 Railway
11.10.3 Marine
11.10.4 Educational Institutes
11.10.5 Border Checkpoints
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America AI Baggage Scanning System Analysis and Forecast
12.1 Introduction
12.2 Latin America AI Baggage Scanning System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America AI Baggage Scanning System Market Size Forecast by Type
12.6.1 Hardware
12.6.2 Software
12.6.3 Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America AI Baggage Scanning System Market Size Forecast by Applications
12.10.1 Airports
12.10.2 Railway
12.10.3 Marine
12.10.4 Educational Institutes
12.10.5 Border Checkpoints
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) AI Baggage Scanning System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) AI Baggage Scanning System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) AI Baggage Scanning System Market Size Forecast by Type
13.6.1 Hardware
13.6.2 Software
13.6.3 Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) AI Baggage Scanning System Market Size Forecast by Applications
13.10.1 Airports
13.10.2 Railway
13.10.3 Marine
13.10.4 Educational Institutes
13.10.5 Border Checkpoints
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 AI Baggage Scanning System Market: Competitive Dashboard
14.2 Global AI Baggage Scanning System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Astrophysics Inc.
14.3.2 Daifuku Co. Ltd.
14.3.3 OSI Systems
14.3.4 Siemens
14.3.5 Smiths Group Plc
14.3.6 Synapse Technology Corporation
14.3.7 Vehant Technologies
14.3.8 Westminster Group
14.3.9 SITA
