The global baggage scanners market revenue is expected to expand at a lucrative CAGR over the forecast period. Increasing adoption of baggage scanners, owing to security concerns at airports and railway stations and growing number of airports and railway stations and upgradation of existing security systems are the major factors expected to drive growth of the global market over the forecast period. Technological advancements in baggage scanning technology and innovative product developments are expected to create potential revenue opportunities for players operating in the target market over the forecast period.
The global baggage scanners market report has been segmented on the basis of sorting system, end-user, and region. On the basis of product, the target market is segmented into radio-frequency identification and vacuum system. On the basis of end-user, the target market is segmented into airports, railway stations, educational institutes, border checkpoints, public sectors, and others. The airports end-user segment is expected to register significant share in terms of revenue over the forecast period, owing to improved airport security systems, extension of terminals, and upgradation of existing airports.
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Based on the region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is estimated to be highest share in terms of revenue over the forecast period, owing to advanced products development and government initiative for public safety at airport and railway stations in various countries in this region. The market is Europe followed by Asia Pacific is expected to register significant share in terms of revenue over the forecast period, owing to rising number of railway stations and airports and rising import/export activities in various countries in these regions.
Key players operating in the global baggage scanners market include Astrophysics, Inc., Ammeraal Beltech Holding BV, Daifuku Logan Ltd., BEUMER Group GmbH & Co. KG, Kapri Corp., Shanghai Eastimage Equipment Co., Ltd., Vanderlande Industries B.V., Daifuku Logan Ltd., Siemens AG, and G&S Airport Conveyor.