Global Cargo Scanning Equipment Market is valued approximately at USD 3.5 billion in 2022 and is anticipated to grow with a growth rate of more than 6.5% over the forecast period 2023-2030. Cargo Scanning Equipment refers to a variety of specialized devices and systems designed for the inspection and screening of cargo, freight, or containers to ensure compliance with security and safety regulations. These technologies play a crucial role in transportation and logistics, particularly in international trade and border security. The Cargo Scanning Equipment market is expanding because of factors such as growing demand of e-commerce logistics and rising number of global trades. As a result, the demand of Cargo Scanning Equipment has progressively increased in the international market during the forecast period 2023-2030.

E-commerce platforms handle a large volume of shipment on a daily basis, involving a wide range of products. As the volume of shipment increases, there is a greater need for efficient and automated cargo scanning to ensure the security and safety of the transported goods. According to Statista, in 2021, the global e-commerce logistics market exceeded a valuation of USD 154.53 billion and projected e-commerce logistics market is anticipated to surge up to USD 827.16 billion. Another important factor driving the Cargo Scanning Equipment market is increasing number of global trades. The growth in the number of global trades often leads to the introduction of more stringent regulations and compliance standards. Cargo Scanning Equipment is essential for businesses to comply with these regulations, as it helps in screening shipment for illegal or prohibited items. This creates a demand for advanced scanning technologies to meet evolving regulatory requirements. In addition, as per Statista, in 2020, the total value of global exports reached approximately USD 22.34 trillion and reached up to USD 24.9 trillion in 2022. Moreover, rising focus on preventing drug trafficking and advancement in scanning technologies is anticipated to create a lucrative growth opportunity for the market over the forecast period. However, high equipment costs and operational challenges are going to impede overall market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Cargo Scanning Equipment Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 with largest market share owing to the increase in the drug trafficking throughout United States. The surge in drug trafficking necessitates more sophisticated and sensitive scanning equipment to detect concealed substances within cargo shipment. Cargo Scanning Equipment, including X-ray scanners and other detection technologies, plays a pivotal role in identifying hidden drugs and illicit substances. The region's dominant performance is anticipated to propel the overall demand of Cargo Scanning Equipment. Furthermore, Asia Pacific is expected to grow at a fastest growth rate during the forecast period, owing to factors such as increasing number of trade activities in the region.

Major market player included in this report are:
Leidos Holdings Inc
Smiths Detection Group Ltd
Nuctech Company Limited
Autoclear LLC
Astrophysics, Inc
ADANI Systems Inc.
ICTS International N.V.
Autoclear LLC
Metrasens Ltd
CEIA USA Ltd
Recent Developments in the Market:
In March 2023, Tek84 Inc., a pioneer in high-technology security screening and surveillance, revealed its acquisition of Integrated Defense and Security Solutions (IDSS) Corp., a renowned global leader in airport scanner technology. Tek84 specializes in the creation and production of advanced ultra-low-dose x-ray scanning solutions designed to identify threats, including weapons, drugs, and contraband. These innovative systems have the capability to detect hidden items beneath clothing, within body cavities, and inside various objects such as vehicles, packages, walls, and other items. Tek84's cutting-edge scanning technology is utilized globally, spanning diverse locations such as jails, prisons, detention centers, airports, embassies, courthouses, border crossings, event venues, and critical infrastructure facilities.
Global Cargo Scanning Equipment Market Report Scope:
Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Equipment Type, Cargo size, End-use, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Equipment Type
Narcotics Trace Detectors
Non-computed Tomography
X-ray Scanners
Explosive Trace Detectors (ETDs)
Radiation Detectors
Others
By Cargo size
Small Parcels
Break Pallet Cargo
Oversized Cargo
By End-use
Airports
Railway Station
Border Control
Logistics and Transportation
Industrial and Manufacturing facilities
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa