The global baggage scanners market is segmented by end user which includes
airports, railway Stations, educational institutes, border checkpoints, public
sectors and others. Among these segments, airport & railway stations are
anticipated to be the dominating segments during the forecast period. Growing
up gradation of existing airports coupled with increasing number of new airports
are key factors which are likely to augment the demand for baggage scanners at
airports in near future.
Global baggage scanners market is expected to expand at a robust compound
annual growth rate (CAGR) during the forecast period. The global market of
baggage scanners is likely to reach at striking revenue by the end of 2024.
The defense & security segment by application is likely to grow at remarkable
pace during the forecast period. Increasing adoption of baggage scanners at
border checkpoints coupled with growing terrorism activities are some of the
dynamic factors which are likely to spur the demand for baggage scanners at
border checkpoints in near future.
Emergence of New Airports
The emerging economies such as India, China, and Nigeria are witnessing arrival
of new airports. Further, this rise in number of airports is anticipated to upsurge
the growth of global baggage scanners market. Urbanization in developing
countries is also envisioned to bolster the demand for baggage scanners at
airports and railway stations.
Rising disposable income of the consumers coupled with growing global tourism
is likely to augment the demand for airports & railway stations which in turn
boost the growth of global baggage scanner market during the forecast period.
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Rising air passenger traffic
Rising number of travelers at airports coupled with growing air passenger traffic
are key factors which are likely to drive the growth of global baggage scanner
market in near future. Further, rising per capita income of the consumers and
growing preference for air travel are increasing the number of travellers at
airports which in turn augmenting the demand for baggage scanners at airports.