Container Screening is the method which involved use of advanced industrial tools to identify or detect goods inside the container. The container security screening has now become integral part of every port system. It involves use of both Mobile as well as fixed screening systems. Container screening systems are equipped with X-Ray radiography, gamma ray radiography, muon tomography and other types of technologies. Although, high cost of the setting up container security as well as high operation and maintenance costs may limit the growth of the container security markets. Geographically, Asia Pacific and North America are the largest market of the container screening.This growth is primarily driven by Surge in Global Maritime Trade and Increasing Incidents of Violation of Laws as well as Rise of Smuggling like Activities.
Globally, a noticeable market trend is evident Mobile Screening Systems are rising in Popularity. Major Players, such as Rapiscan Systems (United States), Leidos (United States), Smiths Detection (United Kingdom), Nuctech Company, Ltd. (China), Astrophysics Inc. (United States), American Science and Engineering, Inc. (United States), Sectus Technologies (Canada), Hi-Tech Detection Systems (France), Hamamatsu Photonics K.K. (Japan) and Westminster International Ltd. (United Kingdom) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In 2020, Smiths Detection, a United Kingdom based threat detection and security screening technologies company has announced acquisition of PathSensors, which is one of the leading biotech company specialising in the development of the high-speed, high-sensitivity pathogen detection and threat prevention solutions. This acquisition will bolster Smiths Detectionís biological-detection capabilities.
In 2020, Rapiscan Systems, a global leader in security inspection, threat detection and prevention announced acquisition of an artificial intelligence (AI) platform from its previous owner Synapse Technology Corporation. The acquisition of this advanced AI based platform will strengthen and upgrade the threat detection capabilities of the Rapiscan Systems. It will also reduce the operating costs.
- Surge in Global Maritime Trade
- Increasing Incidents of Violation of Laws as well as Rise of Smuggling like Activities
- Mobile Screening Systems are rising in Popularity
- High Cost of Screening Devices and High Operation as well as Maintenance Requirements
Land Transportation Based Market is expected to Rise because of Surge in Railway based Land Trade and Emergence of New Land Based Transport such as Hyper loop
Upgradation of Criminal Smuggling Methods
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Container Screening Study Sheds Light on
The Container Screening Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Container Screening industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Container Screening industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Container Screening Market?
The Container Screening market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Container Screening Market?
Top performing companies in the Global Container Screening market are Rapiscan Systems (United States), Leidos (United States), Smiths Detection (United Kingdom), Nuctech Company, Ltd. (China), Astrophysics Inc. (United States), American Science and Engineering, Inc. (United States), Sectus Technologies (Canada), Hi-Tech Detection Systems (France), Hamamatsu Photonics K.K. (Japan) and Westminster International Ltd. (United Kingdom), to name a few.
3. Which region dominated the worldwide market for Container Screening in 2020?
is dominating the Container Screening Market.