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Air cargo security equipment market to hit US$28.7 million: report
THE air cargo security equipment market is expected to reach US$28.7 million by 2025, according to Transparency Market Research (TMR) of Albany, New York.
The global air cargo security equipment market is tremendously competitive, said the TMR study, reports Sys-Con Media of Woodcliff Lake, NJ.
Several companies in the market are focused on developing new products to cater to the complex needs of the security issues of air cargo.
Some of the leading companies operating in the global air cargo security equipment market are CEIA, ADANI, EAS Envimet Group, American Science and Engineering, ENSCO, L3 Security & Detection Systems, Gilardoni, Nuctech Company, Smiths Detection and Rapiscan Systems.
Development of technologically superior equipment that reduces the chances of human error is expected to be the key challenge for the players operating in the global air cargo security equipment market, said the TMR report.
During the forecast period of 2017 and 2025, the global market is expected to rise 6.2 per cent a year. Out of the various products, the x-ray systems are expected to lead the way for the global market as the segment surges 7.3 per cent a year.
In terms of regions, Asia Pacific air cargo security equipment market is estimated to remain the key regional market. The infrastructural changes in this region are expected to play an integral role in its overall progress.
The global air cargo security equipment market is tremendously competitive, said the TMR study, reports Sys-Con Media of Woodcliff Lake, NJ.
Several companies in the market are focused on developing new products to cater to the complex needs of the security issues of air cargo.
Some of the leading companies operating in the global air cargo security equipment market are CEIA, ADANI, EAS Envimet Group, American Science and Engineering, ENSCO, L3 Security & Detection Systems, Gilardoni, Nuctech Company, Smiths Detection and Rapiscan Systems.
Development of technologically superior equipment that reduces the chances of human error is expected to be the key challenge for the players operating in the global air cargo security equipment market, said the TMR report.
During the forecast period of 2017 and 2025, the global market is expected to rise 6.2 per cent a year. Out of the various products, the x-ray systems are expected to lead the way for the global market as the segment surges 7.3 per cent a year.
In terms of regions, Asia Pacific air cargo security equipment market is estimated to remain the key regional market. The infrastructural changes in this region are expected to play an integral role in its overall progress.
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