Market Overview:
The global cargo/vehicle inspection systems market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for cargo and vehicle inspection systems from seaports, border crossings, and critical areas protection applications. Additionally, the increasing adoption of advanced technologies in cargo and vehicle inspection systems is also contributing to the growth of the market. However, factors such as high installation and maintenance costs are restraining the growth of this market. The global cargo/vehicle inspection systems market can be segmented on the basis of type into stationary vehicle inspection system and conveyor type inspection system.
Product Definition:
A cargo or vehicle inspection system is a device or set of devices that is used to inspect cargo or vehicles for the presence of unwanted items, such as explosives, drugs, or weapons. Cargo and vehicle inspection systems are important because they help to keep dangerous items out of circulation.
Stationary Vehicle Inspection System:
Stationary Vehicle Inspection System (SVIS) is a cargo inspection system that uses reflected light from headlamps to inspect the loaded/unloaded vehicles. It helps in detecting damage and abnormalities on the vehicle surface, which cannot be seen with unassisted human eyes. SVIS has gained popularity owing to its ability to detect corrosion, dents, scratches and other cosmetic damages on vehicles surface even at night time.
Conveyor Type Inspection System:
The global conveyor type inspection system (CTIS) market size was valued at USD 6.5 billion in 2016 and is expected to witness a CAGR of XX% over the forecast period. The growth can be attributed to the increasing adoption of CTIS for vehicle safety, coupled with stringent government regulations pertaining to food quality and product integrity during transportation.
Application Insights:
The border crossings application segment led the global vehicle/cargo inspection systems market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to various factors such as increasing cross-border trade activities, need for efficient cargo/vehicle management at borders, and need for enhanced security at borders.
In addition, growing concerns regarding illegal immigration along with the security threats from terrorist organizations has resulted in increased adoption of these systems across seaports worldwide. These types of systems are installed with state-of-the-art technology that provides real time data on container movements throughout its journey so that authorities can track suspicious containers or vehicles before they enter any sensitive area or reach their destination without being opened. This helps in preventing smuggling and other criminal acts within ports as well as across seaports globally thereby boosting industry growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing port activities, rising investments in infrastructure development, and growing trade activities across this region. Moreover, improving border security measures are also anticipated to drive demand for these systems in APAC over the next eight years.
North America is projected to witness significant growth during the forecast period owing to stringent government regulations regarding vehicle safety standards coupled with high consumer awareness levels pertaining these issues. Europe accounted for a significant share of revenue generated by inspection systems based on volume consumed within this region as well as export rates from one country or another (imports-exports).
Growth Factors:
- Increasing demand for cargo and vehicle inspection systems from the transportation and logistics sector to ensure safe and secure transport of goods.
- Proliferation of terrorist activities and cross-border smuggling is driving the demand for cargo and vehicle inspection systems worldwide.
- The increasing number of regulations by government authorities pertaining to safety, security, and quality control is also fueling the growth of the cargo/vehicle inspection systems market.
- Growing investments in research & development by leading players to develop innovative products is propelling the growth of this market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Cargo/Vehicle Inspection Systems Market Research Report
By Type
Stationary Vehicle Inspection System, Conveyor Type Inspection System
By Application
Seaports, Border Crossings, Critical Areas Protection
By Companies
Rapiscan Systems, Smiths Detection Group, HTDS, Safeway Inspection System, Nuctech, Leidos, ADANI, Zod Security, Gatekeeper Security, Astrophysics, VMI Security System, Arempa
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
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Cargo/Vehicle Inspection Systems Market Report Segments:
The global Cargo/Vehicle Inspection Systems market is segmented on the basis of:
Types
Stationary Vehicle Inspection System, Conveyor Type Inspection System
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
Seaports, Border Crossings, Critical Areas Protection
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:
- Rapiscan Systems
- Smiths Detection Group
- HTDS
- Safeway Inspection System
- Nuctech
- Leidos
- ADANI
- Zod Security
- Gatekeeper Security
- Astrophysics
- VMI Security System
- Arempa
Highlights of The Cargo/Vehicle Inspection Systems 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:
- Stationary Vehicle Inspection System
- Conveyor Type Inspection System
- By Application:
- Seaports
- Border Crossings
- Critical Areas Protection
- 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 Cargo/Vehicle Inspection Systems 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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- Correctly Positioning New Products
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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?
Cargo/vehicle inspection systems are a type of safety equipment used to inspect cargo or vehicles for potential hazards. These systems can include devices that measure temperature, pressure, and humidity levels in the cargo or vehicle.
Some of the major companies in the cargo/vehicle inspection systems market are Rapiscan Systems, Smiths Detection Group, HTDS, Safeway Inspection System, Nuctech, Leidos, ADANI, Zod Security, Gatekeeper Security, Astrophysics, VMI Security System, Arempa.
The cargo/vehicle inspection systems market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cargo/Vehicle Inspection Systems 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 Cargo/Vehicle Inspection Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cargo/Vehicle Inspection Systems 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 Cargo/Vehicle Inspection Systems 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 Cargo/Vehicle Inspection Systems Market Size & Forecast, 2020-2028
4.5.1 Cargo/Vehicle Inspection Systems Market Size and Y-o-Y Growth
4.5.2 Cargo/Vehicle Inspection Systems Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Stationary Vehicle Inspection System
5.2.2 Conveyor Type Inspection System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Seaports
6.2.2 Border Crossings
6.2.3 Critical Areas Protection
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cargo/Vehicle Inspection Systems 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 Cargo/Vehicle Inspection Systems 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Stationary Vehicle Inspection System
9.6.2 Conveyor Type Inspection System
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 Market Size Forecast by Applications
9.10.1 Seaports
9.10.2 Border Crossings
9.10.3 Critical Areas Protection
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Stationary Vehicle Inspection System
10.6.2 Conveyor Type Inspection System
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 Market Size Forecast by Applications
10.10.1 Seaports
10.10.2 Border Crossings
10.10.3 Critical Areas Protection
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Stationary Vehicle Inspection System
11.6.2 Conveyor Type Inspection System
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 Market Size Forecast by Applications
11.10.1 Seaports
11.10.2 Border Crossings
11.10.3 Critical Areas Protection
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Stationary Vehicle Inspection System
12.6.2 Conveyor Type Inspection System
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 Market Size Forecast by Applications
12.10.1 Seaports
12.10.2 Border Crossings
12.10.3 Critical Areas Protection
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Stationary Vehicle Inspection System
13.6.2 Conveyor Type Inspection System
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) Market Size Forecast by Applications
13.10.1 Seaports
13.10.2 Border Crossings
13.10.3 Critical Areas Protection
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 Cargo/Vehicle Inspection Systems Market: Competitive Dashboard
14.2 Global Cargo/Vehicle Inspection Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Rapiscan Systems
14.3.2 Smiths Detection Group
14.3.3 HTDS
14.3.4 Safeway Inspection System
14.3.5 Nuctech
14.3.6 Leidos
14.3.7 ADANI
14.3.8 Zod Security
14.3.9 Gatekeeper Security
14.3.10 Astrophysics
14.3.11 VMI Security System
14.3.12 Arempa
