Global Vehicle Scanner Market Analysis: Size, Drivers, Trends, Opportunities And Strategies
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The vehicle scanner market has experienced significant growth, rising from $2.41 billion in 2023 to $2.57 billion in 2024, with a compound annual growth rate (CAGR) of 6.4%. This growth is attributed to security concerns, regulatory compliance, and infrastructure development. Looking ahead, the market is expected to continue its strong growth trajectory, reaching $3.23 billion by 2028, with a CAGR of 5.9%. Factors such as rising global trade, terrorism prevention measures, and urbanization are expected to drive this growth. Major trends in the forecast period include cross-border security collaborations, technological advancements, and the integration of green and radiation-free technologies, reflecting the evolving landscape of the vehicle scanner market.
The vehicle scanner market foresees expansion amid rising security concerns and increasing arrests related to criminal activities such as illegal drug possession and trafficking. Data from the U.S. Customs and Border Protection database underscores the market’s role in addressing security threats.
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What Are The Key Trends That Influence Vehicle Scanner Market Share Analysis?
Technological improvements are driving growth in the vehicle scanner market. Vehant Technologies, an Indian security company, introduced the DepScan UVSS (Under Vehicle Scanning System) in December 2022. This system utilizes stereoscopic vision technology to automate under-vehicle scanning, enhancing security checkpoints with a 3D model-based approach that captures depth information for effective vehicle inspection.
Which Market Players Are Driving Growth In The Vehicle Scanner Market?
Major companies operating in the vehicle scanner market report are Softing Automotive Electronics GmbH, Robert Bosch GmbH, Tescon AG, Continental AG, BorgWarner Inc., Leidos Holdings Inc., Snap-on Inc., Valmont Industries Inc., Dahua Technology Co. Ltd., Godrej & Boyce Mfg. Co. Ltd., Rapiscan Systems Private Limited, KPIT Technologies, Innova Electronics Corporation, International Road Dynamics Inc., Get Spiffy Inc., UVeye Inc., Carman Industries, Vehant Technologies, Infinite Technologies Inc., Omnitec Group, Gatekeeper Security Inc., BlueDriver, Cass Parking, Advanced Detection Technology LLC, VMI Security System Corp., PARKnSecure India Private Limited, General Technologies Corporation, EL-GO TEAM, Autol Technology Co. Ltd, Launch Tech US.
How Is The Global Vehicle Scanner Market Segmented?
The vehicle scanner market covered in this report is segmented –
1) By Scanner Type: Portable Scanner, Fixed Scanner
2) By Structure Type: Drive-Through, Under Vehicle Surveillance System (UVSS)
3) By Component: Camera, Lighting Unit, Barrier, Software, Other Components
4) By Technology Type: Sensing, Illuminating, Scanning, Imaging, Processing
5) By Application: Government Or Critical Infrastructure Protection, Private Or Commercial Facilities
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The Vehicle Scanner Global Market Report 2024 provides an overview of the vehicle scannermarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The vehicle scanner market forecast analyzes vehicle scanner market size, vehicle scanner market share, leading competitor and their market positions.
The Table Of Content For The Vehicle Scanner Market Include
1. Vehicle Scanner Market Executive Summary
2. Vehicle Scanner Market Segments
3. Vehicle Scanner Market Size And Template Market Growth Rate
4. Key Vehicle Scanner Market Trends
5. Major Vehicle Scanner Market Drivers
……
25. Key Mergers And Acquisitions In The Vehicle Scanner Market
26. Top Vehicle Scanner Companies
27. Vehicle Scanner Market Opportunities And Strategies
28. Vehicle Scanner Market, Conclusions And Recommendations
29. Appendix
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